FAQs
No. Traders Choice FX is an introducing broker which is a complimentary service to you that will help match you up with a broker that will best fit your needs and enhance your trading success by providing you with a volume rebate on your trades.
When using Traders Choice FX, your funds will be held at your dealing firm. This can be GAIN Capital, FXDD, FXCM or MB Trading. Nothing will be different for you by using Traders Choice FX as your introducing broker. However you will be eligible to receive cash volume rebates from us that will enhance your overall success.
Yes. Traders Choice FX is the website for NCMFX, Inc.
Our service(s) are custom tailored to meet our trader(s) goals and objectives. We work with traders on an individual basis in catering to their needs. Given the wide array of strategies, execution parameters and pricing plans, we are able to bring value to each specific client by leveraging our existing relationships in the industry. An example of products/services that we bring to the table include, tighter spreads, reduced transaction costs, improved execution, automated trading systems, access to our proprietary education platform and much, much more.
Yes. At Traders Choice FX we use our 20+ years of trading experience to conduct diligent research and only present to you the most solid and stable dealing firms that will fit your needs.
Forex is an industry where your brokerage relationship is critical to your trading success. We work with multiple dealing firms in order to set each client up with a Forex dealing firm that will be custom fit to his/her trading style.
Yes. We offer you access to over 50 of the worlds best trading robots. Most of these robots would costs you as much as $6000 each. However with our FX-Auto platform you will have access to them for free by working with Traders Choice FX.
We are compensated by the dealing firms on a round turn basis for referring clients to them.
Yes everything will remain the same. However now customer Service will actually be better, since now you will be able to get all your questions answered at one place, Traders Choice FX Support Team. Although you still have the option to contact your dealing firm at any time.
Since the dealing firms pay us for referring clients on a round turn basis we are able to pass a portion of the rebate back to you. For example if you trade 100 lots in a month at the broker of your choice, you will be able to receive as much as $500 in volume rebates from Traders Choice FX. So through our rebate program your trading costs decrease substantially.
By using an IB, such as Traders Choice FX, you are able to get incentives, such as our rebate program, where you would not if you went directly to the dealing firm.
No. By using Traders Choice FX, you do not pay 1 penny more than you would by going directly to the dealing firm. We guarantee that!
An IB is an entity that refers traders to various Forex dealing firms such as FXDD, GAIN capital and FXCM.
The rules for this vary from firm to firm. Please contact support@traderschoicefx.com to enquire about your particular situation or visit our funding and forms page for more details.
You can fax all account paperwork to 781-444-0311 or you can scan & email paperwork to support@traderschoicefx.com. You can also use the online links on our site to open your accounts.
Funding instructions will be provided to you as soon as your account is opened.
This is a free service for all clients of Traders Choice FX.
Yes. As long as we work with the dealing firms where you are trading at and you come under our IB at each dealing firm.
This is depends on how many lots you trade per month. We pay as much as $5 per every one standard lot traded. For example if you trade 100 lots you can receive up to $500.
Traders Choice FX will issue monthly rebate's through Paypal, which goes directly to the trader at the following months' end based on the agreed upon rebate rate and the aggregate monthly volume of each individual trader. We can also do checks and wires in special circumstances.
Simply open an account through our firm at GAIN Capital and you will be eligible to receive free eSignal. Once your account is set up and funded a member from our operations will ensure that you are set up to receive free eSignal.
The only difference is that there is no capital at risk when trading on the demo system. Most demo system's are fully functional and, more importantly, the bid/ask rates available in the demo system are the EXACT rates available to live trading clients. The demo allows you to see firsthand the consistent dealing spreads offered by most dealing firms and sample the ability to deal instantly from live, streaming quotes.
Download the platform; Go to 'File'; Click 'open an account'; Type in all required information; a window will pop up automatically with a computer generated password and username.