ChoiceTrade vs Forex.com 2026: which is better?
We compared ChoiceTrade and Forex.com on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Forex.com holds 5 licences from strong regulators, against 2 for ChoiceTrade.
- Forex.com offers MetaTrader 4, MetaTrader 5, which ChoiceTrade does not.
Comparison table
| Comparison table |
ChoiceTrade
Broker
|
Forex.com
Broker
|
|---|---|---|
| Licences | SEC, FINRA | FCA, ASIC, CFTC, NFA, MAS, CySEC, CIMA Best |
| Minimum deposit | $100 | $100 |
| Trading platforms | Web Trader, Mobile App, ChoiceTrade Elite, DasTrader, Quotestream | MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App, FOREX.com Platform |
| Markets | Stocks, Exchange-Traded Funds (ETFs) | Forex, Stocks, Commodities and Gold, Indices |
| Demo account | ✓ Yes | ✓ Yes |
| Founded | 2000 | 2001 |
| Headquarters | East Brunswick, New Jersey, United States | Warren, New Jersey, United States |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose Forex.com if you
- want more licences from strong regulators
- use MetaTrader 4, MetaTrader 5
Frequently asked questions
Which is better, ChoiceTrade or Forex.com?
We compared ChoiceTrade and Forex.com on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Forex.com holds 5 licences from strong regulators, against 2 for ChoiceTrade. Forex.com offers MetaTrader 4, MetaTrader 5, which ChoiceTrade does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are ChoiceTrade and Forex.com regulated?
ChoiceTrade licences: SEC, FINRA. Forex.com licences: FCA, CySEC, ASIC, CFTC, NFA, MAS, CIMA.
What is the minimum deposit at ChoiceTrade and Forex.com?
ChoiceTrade: $100. Forex.com: $100.
Do ChoiceTrade and Forex.com offer an Islamic account?
ChoiceTrade: No. Forex.com: No.