Exness Review
FXChoice Sign Up Bonus
FXChoice does not offer Kenyan traders a sign-up bonus. FXChoice is considered low-risk, with an overall rating of 7 out of 10. FXChoice offers 2 different retail investor accounts and demo and Islamic accounts.
- Louis Schoeman
Jump to:
Sign Up Bonus
Referral Bonus
Additional Broker Bonuses
Pros and Cons
Final Verdict
FAQ
Overall Rating
- 4.1/5
Min Deposit
USD 10
Regulators
IFSC
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
FXChoice Sign Up Bonus – 6 key points quick overview:
Sign-up Bonus
👉 FXChoice does not currently offer a sign-up bonus to newly registered Botswanans.
👉 When Botswanans register a real account with FXChoice, they will not get a no-deposit or welcome bonus. Instead, FXChoice provides a 50% deposit bonus and a 65% bonus on crypto deposits.
👉 The 65% Bonus can generate up to $10,000 per month for Botswanans. Botswanan traders can get this bonus in addition to being exempt from conversion fees on any cryptocurrency deposits. The 50% deposit bonus includes qualifying VPS and pays up to $10,000 monthly.
👉 Virtual private servers are helpful for algorithmic or automated traders that use EAs and related tactics. The 50% deposit bonus is the best alternative for Botswanans who want to pay the minimum with non-cryptocurrency deposits.
👉 These bonuses serve as an ideal welcome bonus for newly registered traders. However, a real account is necessary, and a demo account is ineligible for the bonus.
Referral Bonus
👉 FXChoice provides a $250 referral bonus per successful referral.
👉 FXChoice allows Botswanans can use their contact list to gain prizes. Botswanans earn $25 for every $100 / 41,000 NGN a successful referral sends. In addition, FXChoice gives a 15% deposit bonus for each successful referral.
👉 As soon as Botswanans suggest five friends or family members, they will be upgraded to the “Affiliate” level and get the following benefits:
➡️ Botswanans could choose a Volume-Based Plan, a Cost-Per-Acquisition (CPA) Plan, or a Hybrid Plan.
➡️ 50% discount on all spreads for all currency pairings.
➡️ Competitive pricing for customers
➡️ Frequent pay-outs.
Additional broker bonuses, promotions, and rewards
👉 FXChoice does not presently provide active or high-volume traders with a trading bonus or loyal clients with a broker bonus.
👉 When a broker offers this type of incentive, Botswanans must study the bonus terms and conditions to verify that they qualify and stay eligible for the offer. Botswanans who do not comply with the terms and conditions will lose the incentive.
Overall Rating
- 4.1/5
Min Deposit
USD 10
Regulators
IFSC
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
FXChoice Pros and Cons
| ✔️ Pros | ❌ Cons |
| FXChoice offers some commission-free options | FXChoice is not currently overseen by strict market regulators such as FCA, ASIC, FSCA, or others |
| Muslim traders can convert their live account with FXChoice into an Islamic Account | The educational section is limited |
| FXChoice offers a maximum of 20 demo accounts that can be opened | There is a lack of comprehensive market analysis |
| FXChoice has a superior customer support | |
| Botswanans can use any trading style and strategy, including hedging, EAs, and scalping | |
| Botswanans can deposit and withdraw in BWP using local and flexible options | |
| Eligible Botswanan traders have access to VPS | |
| FXChoice offers user-friendly solutions to all traders |
Verdict on FXChoice
👉 Overall, FXChoice is very competitive in terms of its trading fees and spreads.
FAQ
How much is FXChoice’s deposit bonus?
Botswanans can qualify for a deposit bonus of up to 10,000 USD on a deposit of 5,000.
Can I withdraw my FXChoice bonus?
No, FXChoice’s bonuses are non-withdrawable. However, you can withdraw your profits once you meet the trading volume requirements.
How are active and high-volume traders rewarded with FXChoice?
There are currently no incentives, competitions, prizes, or bonuses for those who trade large volumes. However, this might change, and traders can keep updated with FXChoice via the broker’s newsletter to find out about bonuses.
Does FXChoice reward loyal customers?
No, FXChoice does not currently provide loyal customers with a broker bonus.
Is FXChoice a legit broker?
Yes, FXChoice is a legit broker with regulations and positive reviews from existing customers.
