- يوليو 12, 2021
- Posted by: ForexTradeOn
- Category: Choice Trade forex
Pros |
Cons |
|
|
Introduction
Choice Trade is one of the US-based brokers that was founded in 2000. It’s regulated by top-tier financial authorities and is also a member of SIPC that protects assets up to $500,000 (cash up to $250,000). Choice Trade also has over 10,000 clients worldwide. Choice Trade’s main trading products are stocks, options, and ETFs with a minimum deposit of only $100. Choice Trade is also available on different platforms like web, desktop, and mobile to provide the best trading experience on the go.
Sources
The research tools can be found in the Choice Trade Elite Application as well as the desktop platform.
Tools
Trading ideas
Choice Trade provides trading ideas in the ‘Analyst’ tab within the research tool. This tool can help you decide to buy/ sell products according to forecasting.
Choice Trade – Research – Trading Ideas
Fundamental data
Choice Trade provides some fundamental data about the trading products you want to trade on as the image shows below.
Choice Trade – Research – Trading Ideas
Charting
The charting tool at choice trade has a pretty old UI with around 40 technical indicators to choose from.
Choice Trade – Research – Charting
Newsfeed
For every trading product, Choice Trade provides a separate ‘News’ tab to check news about this product.
Choice Trade – Research – News
Other tools
In addition to the previous research tools, Choice Trade also has some useful tools like the Heatmap tool.
FAQs
- How long does it take to verify my account?
- It takes about 2 to 3 business days to verify your Choice Trade account.
- Does Choice Trade give a bonus?
- No, it doesn’t.
- Does Choice Trade provide a swap-free account option?
- No, it doesn’t.
- When trading forex, will you lose more than your initial deposit?
- Yes, as Choice Trade doesn’t provide negative balance protection on your money.
- Can I log in to more than one account from the same computer?
- Yes, you can do such a thing through Choice Trade available platforms.
- Can I log in to the same account through different devices?
- Yes, you can.