Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighOnly an offshore Belize FSC securities registration (9290694) with no compensation scheme, and the CFTC, CONSOB, CNMV and Bank of Russia list FX Choice as unauthorised in their countries.
Identity & transparency
4/10 · ModerateEntity, company number 000003992 and domain match across the site, the LEI record and the FSC register, but the site quotes 3 different FSC numbers, names no owners and uses a service-provider address.
Withdrawals & conduct
3/10 · LowFew fund complaints and no repeated pattern: money stuck in an AstroPay wallet in late 2023 and a vague 2026 theft claim, against many reports of completed withdrawals.
Reputation
6/10 · HighTrustpilot 2.5 from 139 reviews with 81% at 4 or 5 stars, weighed down by 4 regulator warnings and only 1 review in the past 12 months.
Website claims
7/10 · HighHomepage still invites sign-ups and claims 150,000 transactions a day while the sign-up page says trading is paused; terms allow a USD 50 monthly inactivity fee that can take the whole balance.
Operational history
3/10 · LowCompany incorporated in June 2011 and main domain registered in May 2011, a long verified record, but trading has been paused since about December 2023.
Who they are
A quick desk file on the company behind the brand.
- Brand: FXChoice, also written FX Choice.
- Legal entity: FX Choice Limited, Belize company number 000003992, incorporated on 2 June 2011. The company's legal entity identifier (LEI, a global company ID) is 549300F25DVY9N61GM87.
- Registered: New Horizon Building, Ground Floor, 3 1/2 Miles Philip S.W. Goldson Highway, Belize City, Belize. The LEI record gives the address care of Frontier International Business Services Limited, a corporate service provider.
- Website: en.myfxchoice.com, with the client area at my.myfxchoice.com and the help centre at kb.myfxchoice.com. The older domain fxchoice.com forwards visitors to the main site.
- Protection: Belize has no investor compensation scheme, so clients carry the full risk if the broker fails.
- Licence numbers: the FX Choice site quotes 3 different FSC numbers, 000067/34, 000067/1 and 000067/301. None of the 3 numbers matches the FSC register number.
- Offers: forex (up to 36 currency pairs) and CFDs (contracts for difference, bets on price moves) on indices, commodities and shares, on MetaTrader 4 and 5. The site advertises leverage up to 1:1000, so a USD 10 deposit could control a USD 10,000 position.
- Trading status: the FX Choice sign-up page says trading operations are paused and new registrations are unavailable.
- Not accepted: residents of the United States, Canada, Russia, the EU and EEA, and other countries listed on the FX Choice site.
- Age claim: over a decade of experience. The company dates from June 2011 and myfxchoice.com from May 2011, so the age claim matches the records.
- Support: a Mexican phone line, +52 556 826 8868, plus a ticket system in the help centre.
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
No licence claims on record.
Why we reached this verdict
How the evidence adds up.
FX Choice is a real, long-running offshore broker. 4 regulator warnings, a paused trading service and harsh account terms make FX Choice high risk. We found no regulator or court finding of fraud against FX Choice Limited.
- The LEI record and the FX Choice site give the same Belize company number, 000003992, so FX Choice is not a copy of another firm.
- The US Commodity Futures Trading Commission (CFTC) added FX Choice Limited and en.myfxchoice.com to its RED List on 21 August 2015. The RED List names foreign firms that take US customers without the required US registration.
- Italy's CONSOB reported in April 2017 that Fx Choice Limited was not authorised to offer investment services in Italy through myfxchoice.com.
- Spain's CNMV warned on 3 September 2018 that FX CHOICE, at es.myfxchoice.com, was not authorised to provide investment services in Spain.
- The Bank of Russia added FXChoice and FX Choice Limited to its warning list on 20 April 2022, citing signs of illegal securities market activity. The Bank of Russia updated the entry on 23 May 2025.
- Trustpilot reviewers with US profiles wrote about their FX Choice accounts as late as February 2024. The US reviews support the CFTC finding that FX Choice served US customers.
- The FX Choice sign-up page says FX Choice has paused its trading operations. Reviews from December 2023 to February 2024 say deposits and trading had already stopped. The newest FX Choice company news post is dated 5 December 2023.
- The FX Choice Policies page allows a USD 50 monthly fee on accounts inactive for 6 months or more. If the balance is below USD 50, FX Choice takes the rest. Clients cannot trade during the pause, so idle balances could lose money to the inactivity fee. We found no report of FX Choice charging the fee during the pause.
- Withdrawal complaints exist but do not form a pattern. 1 Trustpilot reviewer says money withdrawn to an AstroPay wallet in November 2023 stayed stuck after 2 weeks of emails. A second reviewer alleges theft in September 2026 but gives no amounts or dates.
- The long record since 2011 and many reports of completed withdrawals keep the risk below the level of a likely scam.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The Financial Services Commission of Belize register lists FX CHOICE LIMITED under number 9290694 for trading in securities as agent and as principal, with the website www.myfxchoice.com and the email info@myfxchoice.com. The name, website and email match the FX Choice site.
E2The GLEIF LEI record shows FX CHOICE LIMITED as a Belize company, number 000003992, created on 2 June 2011, at the New Horizon Building in Belize City. GLEIF marks the record fully corroborated against the Belize registry.
StrongGLEIF LEI registerE3The domain myfxchoice.com was registered on 13 May 2011. The older domain fxchoice.com, registered in 2002, forwards to en.myfxchoice.com. The domain age fits the claim of over a decade in business.
ModerateVerisign RDAP domain recordE4The US CFTC RED List names FX Choice.com, web address en.myfxchoice.com, owned and operated by FX Choice Limited of Belize, listed on 21 August 2015. The CFTC says the firm solicits or accepts US customers without CFTC registration.
Hard proofUS CFTC RED ListE5Italy's CONSOB reported that Fx Choice Limited is not authorised to provide investment services in Italy, including through www.myfxchoice.com. IOSCO published the CONSOB warning on 26 April 2017.
E6Spain's CNMV warned on 3 September 2018 that FX CHOICE, at https://es.myfxchoice.com/, is not authorised to provide investment services in Spain, including foreign currency transactions.
Hard proofCNMV public warning noticeE7The Bank of Russia warning list names FXChoice, FX Choice Limited and Streammetapips for signs of illegal activity in the securities market. The entry covers myfxchoice.com, en.myfxchoice.com, kb.myfxchoice.com, my.myfxchoice.com and streammetapips.com, dates from 20 April 2022 and was updated on 23 May 2025.
Hard proofBank of Russia warning listE8The FX Choice sign-up page says new registrations are unavailable because FX Choice paused its trading operations temporarily. The FX Choice homepage still says 'Start trading with as little as USD 10' and shows a Register button.
E9The FX Choice Policies and Procedures page sets a USD 50 monthly fee on accounts inactive for 6 months or with expired identity documents. FX Choice takes the remaining balance if the balance is lower, and treats unclaimed funds as abandoned and FX Choice property.
E10The same FX Choice page lets FX Choice close positions, delay withdrawals, block the client profile and deduct profits when FX Choice decides a client abused the trading system.
E11The FX Choice English footer quotes FSC Registration No. 000067/34, the Spanish footer quotes 000067/1 and the risk disclosure in the terms quotes 000067/301. The FSC register shows number 9290694 for FX Choice Limited.
E12FX Choice announced on 5 December 2023 that the FSC had barred the company from crypto deposits and withdrawals from 2024. FX Choice stopped new crypto deposits on 12 December 2023 and asked clients to withdraw crypto balances by 26 December 2023.
E13Trustpilot shows 139 reviews of myfxchoice.com with a TrustScore of 2.5, and 81% give 4 or 5 stars. Reviews from December 2023 report completed withdrawals as crypto payments ended, including 1 of about USD 7,000.
ModerateTrustpilotE14On Trustpilot, 1 reviewer says money withdrawn from FX Choice to an AstroPay wallet in November 2023 stayed stuck after 2 weeks of emails. Another reviewer alleges theft in September 2026, naming 3 account managers but giving no amounts. The complaints describe different problems.
ModerateTrustpilotE15Trustpilot reviewers with US profiles described their FX Choice accounts, deposits and withdrawals between December 2023 and February 2024. The reviews show FX Choice had US clients, as the CFTC RED List entry states.
ModerateTrustpilotE16streammetapips.com, registered on 11 May 2025, copies the FX Choice website. The streammetapips.com terms name Stream Metapips Limited with FX Choice Limited's company number 000003992, the FSC number 000067/301 and a Seychelles contact address. Neither the FX Choice site nor the FSC register links to streammetapips.com.
Moderatestreammetapips.com terms pageE17The FSC page of suspension and revocation notices lists notices for other firms and none for FX Choice Limited.
E18The FX Choice site says FX Choice does not serve residents of the United States, Canada, Russia, the EU and EEA and other listed countries.
The other side
The strongest case in this broker’s favour.
The strongest case for FX Choice is a long record as a real company, with many clients reporting paid withdrawals.
- FX Choice Limited was incorporated in Belize on 2 June 2011, and myfxchoice.com was registered on 13 May 2011. GLEIF marks the FX Choice Limited LEI record as fully corroborated against the Belize registry.
- FX Choice told clients on 5 December 2023 that the FSC had barred crypto payments. FX Choice asked clients to withdraw crypto balances by 26 December 2023.
- Several Trustpilot reviewers then confirmed receiving their money, including 1 client with about USD 7,000.
- 81% of the 139 Trustpilot reviews of myfxchoice.com give 4 or 5 stars. Most negative reviews concern spreads (the gap between buy and sell prices), swaps (overnight charges), stop-outs (automatic closing of losing trades) or support, not lost deposits.
- FX Choice answered many reviews in public, including complaints about swap charges and trade results.
- The 4 regulator warnings concern serving clients without a local licence. None of the 4 warnings is a finding of fraud, and the CFTC states that a RED List entry is not a finding of any violation.
- The FX Choice site now excludes residents of the United States, the EU and EEA, and Russia.
- A copycat site, streammetapips.com, quotes FX Choice Limited's company number under the name Stream Metapips Limited, with a Seychelles address. Some negative reports about FX Choice may concern copycat sites rather than FX Choice.
What would change this
What we would need to see to revise the verdict.
The FX Choice risk rating would fall if FX Choice restarted trading openly and showed that clients can withdraw without obstacles.
- Lower risk: FX Choice publishes a dated notice about the trading pause and explains how clients withdraw.
- Lower risk: FX Choice confirms in its terms that no inactivity fee applies while trading is paused.
- Lower risk: FX Choice obtains a licence from a strong regulator, such as one in the UK, the EU or Australia.
- Lower risk: the FX Choice site shows 1 consistent FSC number that matches the FSC register.
- Higher risk: specific, dated reports that FX Choice refused or stalled withdrawals after the trading pause.
- Higher risk: evidence that FX Choice charged inactivity fees on accounts that could not trade during the pause.
- Higher risk: an FSC suspension or cancellation involving FX Choice Limited, or any demand for payment before a withdrawal.
- Higher risk: proof that the people behind FX Choice run streammetapips.com or another copycat site.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
FSC Belize register: FX CHOICE LIMITED
The Belize regulator's public register, searched for FX Choice (number 9290694). FX Choice publishes no verification link of its own.
CFTC RED List: FX Choice.com
US list of foreign firms that take US customers without CFTC registration.
CONSOB warning on IOSCO I-SCAN
Italy's CONSOB says Fx Choice Limited is not authorised in Italy through myfxchoice.com.
CNMV warned-companies search
Spain's CNMV warning of 3 September 2018 about FX CHOICE.
CNMV warning notice (English)
The CNMV notice naming es.myfxchoice.com.
Bank of Russia warning list entry
Lists FXChoice and FX Choice Limited for signs of illegal securities market activity.
GLEIF LEI record: FX CHOICE LIMITED
Company number, incorporation date and address of the Belize company.
FX Choice sign-up page
States that trading is paused and new registrations are unavailable.
FX Choice Policies and Procedures
Withdrawal rules and the USD 50 monthly inactivity fee.
Trustpilot reviews of myfxchoice.com
Client reviews, including withdrawal reports from December 2023.
Frequently asked questions
Quick answers about this broker’s safety.
Is FX Choice a scam?
FX Choice is not a proven scam, but FX Choice is high risk. FX Choice Limited is a real Belize company dating from 2011. 4 regulators have warned that FX Choice was not authorised in their countries, and the broker has paused trading.
Is FX Choice a fraud?
We found no regulator or court finding of fraud against FX Choice Limited. The 4 regulator warnings about FX Choice concern serving clients without a local licence, not fraud. A small number of clients allege lost money, and most of those complaints give no amounts or dates.
Is FX Choice regulated?
FX Choice has no licence from a major regulator such as the UK FCA, Australia's ASIC or Cyprus's CySEC. Belize is an offshore centre with light supervision and no investor compensation scheme.
Can I open an account with FX Choice?
No. The FX Choice sign-up page says new registrations are unavailable because FX Choice has paused its trading operations. The FX Choice homepage still shows sign-up buttons, but the sign-up page accepts no new clients.
Can I withdraw my money from FX Choice?
Several Trustpilot reviewers reported completed withdrawals in December 2023, when FX Choice ended crypto payments. We found few reports either way after early 2024. If you hold a balance, request a withdrawal now and keep a record of every step.
Why did FX Choice stop crypto deposits and withdrawals?
FX Choice said on 5 December 2023 that the Financial Services Commission of Belize had barred the company from crypto deposits and withdrawals from 2024. FX Choice stopped new crypto deposits on 12 December 2023. FX Choice asked clients to withdraw crypto balances by 26 December 2023.
Which regulators have warned about FX Choice?
The US CFTC put FX Choice Limited on its RED List in August 2015. Italy's CONSOB warned in April 2017, and Spain's CNMV warned in September 2018. The Bank of Russia added FX Choice to its warning list in April 2022.
Who is behind FX Choice?
FX Choice is a brand of FX Choice Limited, Belize company number 000003992, incorporated on 2 June 2011. The registered address is the office of a Belize corporate service provider. The FX Choice site does not name the owners or directors.
How long has FX Choice been operating?
FX Choice Limited was incorporated on 2 June 2011, and myfxchoice.com was registered on 13 May 2011. Client reviews say FX Choice stopped trading and deposits around December 2023. The FX Choice sign-up page calls the pause temporary but gives no restart date.
Is streammetapips.com part of FX Choice?
We found no link to streammetapips.com from the FX Choice site or the FSC register. Streammetapips.com copies the FX Choice website and quotes FX Choice Limited's company number under the name Stream Metapips Limited. The domain was registered in May 2025 and shows a Seychelles address.
What is a Belize FSC licence worth?
A Belize FSC licence is an offshore licence with light supervision. Belize offers no investor compensation scheme, so clients have little protection if a Belize broker fails or refuses to pay. A Belize licence gives a broker no permission to serve clients in countries such as the US, Italy, Spain or Russia.
Does FX Choice charge inactivity fees?
Yes. The FX Choice terms set a USD 50 monthly fee on accounts inactive for 6 months or more, or with expired identity documents. If the balance is below USD 50, FX Choice takes the remaining balance. We found no report of FX Choice charging the fee during the trading pause.
What should I do if I lost money with FX Choice?
Contact FX Choice in writing through the help centre at kb.myfxchoice.com and keep every reply. If FX Choice does not resolve the problem, complain to the Financial Services Commission of Belize at complaints@belizefsc.org.bz. Ignore anyone who asks for an upfront fee to recover your money.
What we recommend
The practical takeaway from everything above.
Do not send new money to FX Choice. The FX Choice sign-up page says new registrations are unavailable and trading is paused.
- If you hold a balance at FX Choice, request a withdrawal now in the client area at my.myfxchoice.com. Use the payment method you used to deposit.
- Check your account history for USD 50 inactivity fees. Ask FX Choice in writing to refund any fee charged while trading was paused.
- Keep copies of every request, ticket number, email and account statement.
- If FX Choice does not pay, complain to the Financial Services Commission of Belize at complaints@belizefsc.org.bz.
- Treat any FX Choice offer from another website, a personal account manager or a messaging app as a likely impersonation. The genuine FX Choice site is myfxchoice.com.
- Ignore anyone who promises to recover lost money for an upfront fee. Paid recovery offers are a common second scam.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed November 12, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
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