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Compare ChoiceTrade vs Forex.com


Online brokers compared for fees, trading platforms, safety and more. See how ChoiceTrade stacks up against Forex.com!

ChoiceTrade vs Forex.com
overall rating
4.1 / 5.0
4.3 / 5.0
overall pros
  • Commission-free stock trading
  • Fast and easy account opening
  • User-friendly mobile trading platform
  • Low forex fees
  • Great variety of currency pairs
  • Superb technical research tools
overall cons
  • High non-trading fees
  • Not user-friendly deposit and withdrawal
  • Limited product portfolio
  • Limited product portfolio
  • High stock CFD fees
  • Not user-friendly desktop trading platform
fees
4 stars
  • Low trading fees
  • Commission-free stock trading
  • High non-trading fees
3 stars
  • No withdrawal fee
  • Low financing rate
  • Inactivity fee
account opening
5 stars
  • Fully digital account opening
  • User-friendly
4 stars
  • Fully digital account opening
  • User-friendly
  • Many account types
  • Slow account opening
deposit and withdrawal
1 stars
  • No deposit fee
  • Credit/Debit card deposit and withdrawal not available
  • High withdrawal fee
  • Only one account base currency
  • Not user-friendly withdrawal
4 stars
  • Credit/Debit card deposit and withdrawal
  • Free withdrawal
  • No deposit fee
  • Lengthy withdrawal - over 3 days
web trading platform
2 stars
  • Clear fee report
  • Good variety of order types
  • Not user-friendly
  • No two-step (safe) login
  • Poor search function
4 stars
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No two-step (safe) login
  • Bugs
mobile trading platform
4 stars
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safe) login
  • No price alerts
4 stars
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safe) login
desktop trading platform
3 stars
  • Clear fee report
  • Good variety of order types
  • Looks nice
  • Limited customizability (for charts, workspace)
  • No two-step (safe) login
  • No price alerts
3 stars
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Available in several languages
  • Not user-friendly
  • No two-step (safe) login
markets and products
1 stars
  • Stock
  • ETF
  • Options
1 stars
  • Forex
  • CFD
  • Crypto
research
3 stars
  • Analyst recommendations for stocks, bonds, etc.
  • Data on asset fundamentals
  • Good quality news flow
  • Limited interactive charting
  • Not user-friendly
5 stars
  • Good interactive chart
  • Analyst recommendations for stocks, bonds, etc.
  • Good quality news flow
customer service
4 stars
  • Phone support
  • Relevant answers
  • No live chat
5 stars
  • Phone support
  • Live chat
  • Fast response time
  • Low-quality email support
education
3 stars
  • Demo account
  • Trading platform tutorial videos
  • Educational videos
  • Hard to navigate
  • Poor production quality
5 stars
  • Demo account
  • Trading platform tutorial videos
  • Educational videos
  • Regulated by top tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Regulated by top tier financial authority
  • High level of investor protection
  • Parent company listed on stock exchange
recommended for Stock and options traders aiming for low trading fees and focusing on the US market Forex traders looking for great research tools and customer service