Choice Trade Research Tools | Trade Smarter Than Ever

Pros

Cons

  • Good News Feed
  • Fundamental data available
  • Charting option
  • Heatmaps
  • Old design

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 Tools | Trade Smarter Than Ever

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 Tools | Trade Smarter Than Ever

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 Tools | Trade Smarter Than Ever

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 Tools | Trade Smarter Than Ever

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

  1. How long does it take to verify my account?
  • It takes about 2 to 3 business days to verify your Choice Trade account.
  1. Does Choice Trade give a bonus?
  • No, it doesn’t.
  1. Does Choice Trade provide a swap-free account option?
  • No, it doesn’t.
  1. When trading forex, will you lose more than your initial deposit?
  • Yes, as Choice Trade doesn’t provide negative balance protection on your money.
  1. 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.
  1. Can I log in to the same account through different devices?
  • Yes, you can.


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