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Best ChoiceTrade alternatives 2026

If ChoiceTrade is not right for you, these 8 brokers offer similar services. They are ranked by licence strength and by how closely their markets, platforms and accounts match ChoiceTrade.

  1. IG

    IG

    Licences
    FCA, ASIC, DFSA, CFTC
    Min. deposit
    $0
    Islamic account
    No
    • IG holds 10 licences from strong regulators, against 2 for ChoiceTrade.
    • The minimum deposit at IG is $0, against $100 at ChoiceTrade.
    • IG offers MetaTrader 4, MetaTrader 5, which ChoiceTrade does not.
  2. Licences
    FCA, ASIC, SEC, FINRA
    Min. deposit
    $0
    Islamic account
    No
    • Interactive Brokers holds 10 licences from strong regulators, against 2 for ChoiceTrade.
    • The minimum deposit at Interactive Brokers is $0, against $100 at ChoiceTrade.
    • Interactive Brokers offers TradingView, which ChoiceTrade does not.
  3. Licences
    CySEC, ASIC, CBI, FSCA
    Min. deposit
    $100
    Islamic account
    Yes
    • AvaTrade holds 4 licences from strong regulators, against 2 for ChoiceTrade.
    • AvaTrade offers a swap-free Islamic account; ChoiceTrade does not.
    • AvaTrade offers copy trading; ChoiceTrade does not.
  4. Licences
    FCA, ASIC, CFTC, NFA
    Min. deposit
    $0
    Islamic account
    No
    • Oanda holds 7 licences from strong regulators, against 2 for ChoiceTrade.
    • The minimum deposit at Oanda is $0, against $100 at ChoiceTrade.
    • Oanda offers copy trading; ChoiceTrade does not.
  5. Licences
    FCA, CySEC, DFSA, SFC
    Min. deposit
    $1,000
    Islamic account
    No
    • Swissquote holds 6 licences from strong regulators, against 2 for ChoiceTrade.
    • Swissquote offers MetaTrader 4, MetaTrader 5, which ChoiceTrade does not.
  6. Licences
    CySEC, ASIC, FSA, MAS
    Min. deposit
    $50
    Islamic account
    Yes
    • MultiBank Group holds 3 licences from strong regulators, against 2 for ChoiceTrade.
    • The minimum deposit at MultiBank Group is $50, against $100 at ChoiceTrade.
    • MultiBank Group offers a swap-free Islamic account; ChoiceTrade does not.
  7. Licences
    FCA, CySEC, ASIC, DFSA
    Min. deposit
    $0
    Islamic account
    Yes
    • Pepperstone holds 4 licences from strong regulators, against 2 for ChoiceTrade.
    • The minimum deposit at Pepperstone is $0, against $100 at ChoiceTrade.
    • Pepperstone offers a swap-free Islamic account; ChoiceTrade does not.
  8. Licences
    FCA, CySEC, ASIC, CFTC
    Min. deposit
    $100
    Islamic account
    No
    • Forex.com holds 5 licences from strong regulators, against 2 for ChoiceTrade.
    • Forex.com offers MetaTrader 4, MetaTrader 5, which ChoiceTrade does not.