Global Broker Regulation Inquiry App
WikiFX
Serious74 
1-2 years
Is FX Choice safe and legit for me to trade with?
Broker Issues
Regulation
07-20
United States
WikiFX
Reply
FX Choice is a legitimate broker offering various trading opportunities, but as a fx choice forex broker, the lack of regulation from highly recognized authorities may be a concern. They operate with a Market Maker model, which means they take the opposite side of your trade, potentially creating a conflict of interest. Personally, while I find their fx choice metatrader 4 and fx choice metatrader 5 platforms appealing, I would always suggest understanding the inherent risks involved with Market Makers before committing.
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