OpoForex vs FXChoice

Opofinance or FXChoice – which is better for UK traders 2024? Compare Opofinance and FXChoice in this detailed breakdown of their platforms, features and fees.

Opofinance vs FXChoice Comparison Table 2024
Opofinance FXChoice
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1.8
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4.1
Opofinance is ranked #93 among CFD brokers. FXChoice is ranked #93 among CFD brokers.
Review
Review
Opofinance is an offshore forex and CFD broker, offering copy trading services and the MT4 platform.
FXChoice has closed or no longer accepts UK clients.
FXChoice is a Belize-based broker established in 2010 and registered with the Financial Services Commission (FSC). The brand offers a wide selection of markets including crypto, plus the familiar MT4 and MT5 platforms. FXChoice stands out for its extra tools and perks, from LearnFx EAs to a VPS and Myfxbook's AutoTrade. New users can also claim a welcome bonus upon sign-up.
Pros
  • Tight spreads starting from 0.0 pips
  • Bitcoin deposits and withdrawals
  • GPS robot 100k EA download
  • Hedging and scalping allowed
  • MT4 and MT5 downloads
  • Commission-free trading
  • FIFO rule not applicable
  • Cryptocurrency trading
  • Social trading solution
  • Pips+ loyalty scheme
  • VPS available
Cons
  • Limited selection of commodities
  • Weak regulatory oversight
Awards
  • Exceptional Customer Service 2019 - 2021 - LiveHelpNow
FCA Regulated
No

List of FCA Regulated Brokers

No
Instruments
Forex, commodities, cryptocurrencies, stocks, indices CFDs, Forex, Indices, Commodities, Cryptocurrencies, Shares
Bonus
50% Welcome Deposit Bonus
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FINACOM FSC
Mobile Apps
iOS & Android iOS & Android
Trading App

MT4 and MT5 apps are available to download form the Apple and Google Play stores. Both applications offers one-click trading, advanced charts and graphs, built-in support, plus instant and pending order types. MT4 is best suited to forex beginners while MT5 will meet the needs of experienced FX traders.
iOS App Rating
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Android App Rating
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Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
Yes Yes
DMA Account
Yes No
MAM Account
No Yes
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
Opofinance offers copy and social trading through Fiboda. FXChoice has partnered with Myfxbook AutoTrade to offer copy trading to all account holders. You can find and follow the strategies of multiple traders with straightforward account management. MQL5 signals can also be used to inform buy or sell decisions.
Social Trading
Yes Yes
Trade Signals
MT4 Yes - MQL5
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
Commodities
  • Oil
  • Silver
  • Gold
  • Natural Gas
  • Gold
  • Silver
  • Oil
CFD
Opofinance offers leveraged CFDs on stocks, indices and commodities. FXChoice offers highly leveraged CFD products on a breadth of financial markets, including shares, indices, commodities and crypto. FXChoice provides more supporting tools than many alternatives, including signals, auto trading, a VPS, and a research center.
Leverage
1:1000 1:200
FTSE Spread
Variable From $18.53
GBPUSD Spread<
Variable From $8
Oil Spread
Variable From $40
Stocks Spread
Variable Variable
Forex
Opofinance offers 35+ spot currency pairs, covering all majors and top minors. Trade 36 forex pairs, including the EUR/USD with spreads from zero pips. FXChoice offers higher leverage on forex than most competitors, alongside 24/5 support and an accessible $10 starting deposit.
Assets
35+ 36
GBPUSD Spread
Variable From $8
EURUSD Spread
Variable From $5
EURGBP Spread
Variable From $6.95
Cryptocurrency
Opofinance offers trading on crypto/spot currency pairs, including BTC/USD. FXChoice offers trading on leading crypto cross pairs with the US Dollar. The selection of digital assets is narrow but spreads are tight starting at 0.15.
Spread
Variable 0.11 - 3.0 pips
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BCH
  • BTC
  • LTC
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No Yes
Opofinance FXChoice
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