Traders Choice

• Categories: Forex brokers, Ratings

Overview of Traders Choice

Traders Choice positions itself as a prominent CFD broker specializing in trading a wide range of contracts on stocks, currencies, and indices through its proprietary platform. Traders can benefit from competitive spreads, immediate order execution, leverage of 1:500, and access to economic updates.

The broker boasts of serving more than 450,000 accounts and executing over 7 million orders daily. Have you interacted with Traders Choice? Share your feedback to assist other traders in selecting a trustworthy partner.

Essential Information about Traders Choice

Establishment Date. As per data from thetraderchoice.com, the broker commenced operations in 2013 by introducing its trading platform and attracting its initial clientele.

Regulation. The entity FIN SOLUTIONS LLC, the owner of Traders Choice, claims oversight by regulators DFSA, SCB, and FCA. However, users do not have access to scanned copies of licenses.

Location. FIN SOLUTIONS LLC operates from Georgia at Georgia, Tbilisi, Chugureti district, 111 Uznadze St., Apartment 11, Building 2.

Contact Details. For customer support inquiries, dial +44 (75) 2066 53 03 (UK code) or email at support@thetraderchoice.com. A callback request service is also available on the broker’s website.

Awards. Traders Choice declares receiving accolades such as Best Forex Broker (2014), Best FX Broker ASIA (2015), Best Trading Conditions (2016), Best Trading Experience (2016), Best CFD Broker ASIA (2017), and Best Europe Investment Broker (2019). The awarding organizations remain undisclosed.

Trading Conditions at Traders Choice

Traders opting for Traders Choice can open an account, deposit funds, and commence trading by selecting a suitable account type.

• Basic. Minimum deposit – $500. Leverage – 1:100.
• Advanced. Minimum deposit – $1,000. Leverage – 1:500. Deposits are insured.
• Professional. Minimum deposit – $10,000. Leverage – 1:500. Deposits are secured and insured. Round-the-clock customer support is available.

Traders not ready for live trading can utilize a demo account with a virtual balance of $10,000.

Trading Platform Offered by Traders Choice

Clients of Traders Choice execute trades through the broker’s proprietary trading terminal, providing asset quote details.

Within the terminal, users can personalize charts, apply indicators, and utilize various order types such as limit, pending with profit, or stop-loss.

Deposits and Withdrawals at Traders Choice

Traders Choice clients can leverage multiple payment methods like Visa/MasterCard, Bitcoin wallets, and QiWi for depositing funds. Deposits are reflected in the account within 10-30 minutes.

To request a withdrawal, successful completion of the 48-hour identity verification process is mandatory. The processing durations for requests and fund crediting remain undisclosed. Clients are advised to consider potential fees.

Customer Reviews of Traders Choice

Broker Tribunal aggregates reviews about Traders Choice. Share your experiences with the company, irrespective of the financial outcomes, to contribute to the user community.

This review has been prepared by the specialists at ExpertsReview.