Ikhtisar:Registered in the United States, ChoiceTrade is a broker that provides a web-based trading platform without commission for Stocks, ETFs, and Options. Unless otherwise noted, brokerage commissions apply to all mobile trades. There is a $100 minimum required to open a cash account. Margin accounts that do not engage in day trading require a minimum deposit of $2,000, and day trading accounts have an initial minimum requirement of $25,000. ChoiceTrade is risky due to its unregulated status.
ChoiceTradeReview Summary | |
Founded | 2002-05-17 |
Registered Country/Region | United States |
Regulation | Unregulated |
Market Instruments | Stocks/ETFs/Options |
Demo Account | ✅ |
Leverage | / |
Spread | / |
Trading Platform | ChoiceTrade(Mobile(iOS/Android)) |
Min Deposit | / |
Customer Support | Phone: (877) 731-9114 |
All other inquiries: (787)773-1848 | |
Email: service@choicetrade.com | |
Social Media: Facebook/Twitter/LinkedIn |
Registered in the United States, ChoiceTrade is a broker that provides a web-based trading platform without commission for Stocks, ETFs, and Options. Unless otherwise noted, brokerage commissions apply to all mobile trades. There is a $100 minimum required to open a cash account. Margin accounts that do not engage in day trading require a minimum deposit of $2,000, and day trading accounts have an initial minimum requirement of $25,000. ChoiceTrade is risky due to its unregulated status.
Pros | Cons |
Demo account available | Unregulated |
Various tradable instruments | MT4/MT5 unavailable |
Commission free | No specific transfer method |
ChoiceTrade is not regulated, making it less safe than regulated brokers.
ChoiceTrade offers various market instruments, including stocks, ETFs, and options.
Tradable Instruments | Supported |
Stocks | ✔ |
ETFs | ✔ |
Options | ✔ |
Cryptocurrencies | ❌ |
Precious Metals | ❌ |
Forex | ❌ |
Commodities | ❌ |
Shares | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
The commission is 0. The lower the spread, the faster the liquidity.
ChoiceTrade provides a propriety trading platform, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems. The ChoiceTrade Mobile Application is currently supported on all mobile devices, phones, and tablets that have browsers.
Trading Platform | Supported | Available Devices |
ChoiceTrade | ✔ | Mobile(iOS/Android) |
The first deposit amount must be $100 or above.
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