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Regulators: Belize FSC
FXChoice is operated by FX Choice Limited, a company incorporated under the laws of Belize and authorized by the International Financial Services Commission of Belize (Belize FSC) with Reg. No. IFSC/60191/TS/19. For more details, you can check our full FXChoice review.
However, there is something about Belize need to be mentioned. As an offshore zone with a zero tax structure, Belize is a well-known Forex hub where a great many brokers come to seek an opportunity to be a legit firm, yet to skip complicated and costly established procedures. That means the brokers overseen by IFSC is not under as strong regulation as FCA, ASIC and NFA regulated brokers.
Our final verdict is that FXChoice is a regulated broker, but carries a certain risk owing to its weak regulation from Belize.
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.