✔️ Information reviewed and updated in December 2023 by Pedro Martínez González

In this section we will tell you why You should NOT invest in ChoiceTrade. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…

A pocas palabras WE DO NOT RECOMMEND IT. Here's some essential information about ChoiceTrade and why we came to that conclusion:

Basic Information

🌐 Websitechoicetrade.com
🏠 Company*does not mention it
RegulationFINRA
📧 Email[email protected]
📈 Leadingown platform
📌 Addressdoes not mention it

⚠️ ChoiceTrade does not mention who owns it, the company does not mention where is located, potentially dangerous for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️

Account types

We now move on to analyze the account types offered by ChoiceTrade, in this case, we note that it does not offer account types.

Information on the web

ChoiceTrade website

ChoiceTrade provides a basic explanation of the financial products it offers, market news and analysis, live charts, not really much more than that.

List of phone numbers

(877) 731-9114

🚫 ChoiceTrade Final Valuation 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH ChoiceTrade.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.

Updates

News about ChoiceTrade:

Date Update – news
July 2023We receive a large number of messages from ChoiceTrade clients who claim that they cannot withdraw their capital.

User Reviews

What do you think of ChoiceTrade? What has been your experience?

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with ChoiceTrade.

At the end of the review you will find customer comments.


How to Claim Money Scammed by ChoiceTrade

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report ChoiceTrade

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

How can I report ChoiceTrade?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is ChoiceTrade a scam – is it a scam?

Yes. We believe ChoiceTrade is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is ChoiceTrade trustworthy?

No. ChoiceTrade is not trustworthy, very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from ChoiceTrade?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

Are there (recommended) alternatives to ChoiceTrade?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.


LegacyFX Broker

Advertise with us

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «Is ChoiceTrade a scam? Opinions»

  1. Jose Luis Zapata Reply

    This company does not pay. I assure you, they didn't let me withdraw, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi José Luis Zapata, thanks for writing about ChoiceTrade. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

Leave your comment

Your email address will not be published.