FxChoice Alternative: Why Traders Switch to LHFX

FxChoice is a Belize-regulated broker founded in 2010 with 1:1000 leverage. If you want fast crypto payouts and a wider funding menu, LHFX is the better fit.

LHFX charges $3 per side, opens accounts from $10, typically processes withdrawals automatically in under 20 minutes, and trades 144 instruments through MetaTrader 5 with STP/ECN execution.

Quick Comparison

LHFX vs FxChoice at a glance.

LHFX vs FxChoice: commission, minimum deposit, spreads, leverage, platforms, instruments, execution, regulation, withdrawal speed and swap-free accounts
FeatureLHFXFxChoice
Commission per lot$3 per side ($6 round turn)From $3.50 per side on Pro account
Minimum deposit$10$10
Typical EURUSD spreadFrom 0.0 pips on raw accountNot publicly disclosed for EURUSD
Maximum retail leverage1:5001:1000
PlatformsMetaTrader 5 onlyMT4, MT5, web terminal, mobile
Forex pairs and total instruments41 forex pairs, 144 total instruments36 forex pairs, around 49 total instruments
Execution modelSTP/ECNNDD (Non-Dealing Desk)
RegulationFSC Mauritius (GB23202204), FSCA South Africa (FSP 52816)FSC Belize (No. 000067/34)
Crypto deposits and withdrawalsBTC, ETH, USDT and more, plus cardCrypto being phased out per current FxChoice notice
Islamic accountsYes, swap-free with holding fee after grace periodNot publicly listed

Where LHFX Wins

The areas where LHFX offers a clear advantage over FxChoice.

01

Lower headline commission

LHFX charges $3 per side. FxChoice quotes from $3.50 per side on its Pro account, so on 100 lots the cost gap is $100 in LHFX's favour.

02

Real crypto funding stays open

LHFX accepts BTC, ETH, USDT and other coins for deposits and withdrawals. FxChoice's site currently flags that crypto transactions are being phased out.

03

Auto withdrawals typically under 20 minutes

LHFX runs an auto-payout system that processes most withdrawals in under 20 minutes. FxChoice does not publish a comparable processing time.

04

More instruments through one platform

LHFX offers 144 instruments across forex, indices, commodities, crypto and stocks on MT5. FxChoice lists around 49 instruments across six categories.

05

Built-in swap-free option

LHFX offers Islamic, swap-free accounts on request. FxChoice does not publicly list a dedicated swap-free product.

Where FxChoice Wins

FxChoice has genuine strengths. Here is where they come out ahead.

Higher leverage

FxChoice advertises up to 1:1000 leverage. LHFX caps retail leverage at 1:500.

Longer operating history

FxChoice has been running since 2010 from Belize. LHFX is a newer brand with its current FSC Mauritius and FSCA licences.

MetaTrader 4 still supported

FxChoice keeps MT4 alongside MT5. LHFX is MT5-only, so legacy MT4 EAs need to be migrated.

BTC and XRP account denominations

FxChoice offers accounts denominated in Bitcoin and XRP. LHFX runs USD, EUR and GBP wallet currencies.

Who Should Choose LHFX

  • Choose LHFX if you want crypto funding that is staying open rather than winding down
  • Choose LHFX if auto withdrawals typically under 20 minutes matter more than 1:1000 leverage
  • Choose LHFX if a swap-free Islamic account on the same raw spreads is important
  • Choose LHFX if you want 144 instruments rather than a smaller offshore lineup
  • Choose LHFX if a $3 per side commission beats $3.50 per side on your volume
Open an LHFX Account

Who Should Stick with FxChoice

  • Choose FxChoice if 1:1000 leverage is non-negotiable
  • Choose FxChoice if you still rely on MetaTrader 4 expert advisors
  • Choose FxChoice if a Bitcoin or XRP-denominated account suits your bookkeeping
  • Choose FxChoice if the longer Belize-based track record matters to you
  • Choose FxChoice if your strategy uses the niche pairs they cover that LHFX does not

Making the Switch

Moving from FxChoice to LHFX takes minutes, not days.

1

Open an LHFX Account

$10 minimum deposit. Registration takes about 2 minutes.

2

Verify Your Identity

Upload a government-issued ID. Most verifications complete within a few hours.

3

Fund and Start Trading

Deposit via crypto or card and place your first trade on MT5 or LHFX Trade.

Frequently Asked Questions

Is LHFX cheaper than FxChoice?

On commission, LHFX charges $3 per side against FxChoice's quoted $3.50 per side Pro rate. That is around 14 percent lower per trade. Both brokers advertise $10 minimum deposits.

Can I switch from FxChoice to LHFX?

Yes. LHFX accepts $10 deposits via BTC, ETH, USDT, or card. MetaTrader 5 EAs and indicators that work on FxChoice MT5 will work on LHFX MT5.

Which has faster withdrawals, LHFX or FxChoice?

LHFX runs auto-payouts that typically complete in under 20 minutes. FxChoice does not publish a comparable processing time, and its public notice flags that crypto transactions are being phased out.

Does FxChoice offer MT5?

Yes, FxChoice offers both MT4 and MT5, plus web and mobile versions. LHFX runs MT5 only, as a direct MetaQuotes licensee.

Which is more regulated, LHFX or FxChoice?

LHFX holds FSC Mauritius (GB23202204) and FSCA South Africa (FSP 52816) licences. FxChoice is registered with the FSC Belize (No. 000067/34). Both are offshore tiers, with LHFX adding the FSCA South African oversight.

Ready to Try LHFX?

Open an LHFX account from $10. $3 per side commission, 1:500 leverage, MT5 trading, withdrawals typically processed in under 20 minutes.