Your Trade Choice Review

Is Your Trade Choice Scam or Legit Broker?

Your Trade Choice is not a legit broker as it does not hold any serious license. The broker is registered only with St. Vincent and the Grenadines. As a general rule, we recommend avoiding offshore and non-regulated entities as traders who invest in non-regulated firms often cannot recover funds invested or gains received. 

What is Your Trade Choice?

Your Trade Choice is a broker that offers trading in Forex and CFDs on metals, futures, and shares. The company is owned and managed by Trade Choice FX Limited, the entity name of Your Trade Choice (Trading name), and is registered as an IBC in St. Vincent and the Grenadines.

• However, offshore registration usually doesn't guarantee the safety of funds and clients' protection, especially in St. Vincent and the Grenadines, where the local authority doesn't issue forex licenses. The website supports the Spanish language, which means Your Trade Choice has been targeting Spanish-speaking clients mostly. As proof, there is a warning from Spain's regulator CNMV issued against the broker:
  "Your Trade Choice http://yourtradechoice.com is not authorised to provide the investment services detailed in Article 140 of the Securities Markets Law, or provide the auxiliary services detailed in letters a), b), d), f) and g) of Article 141 of said Law, which includes investment advice, in relation to the financial instruments detailed in article 2 of the said Law, including, to those purposes, transactions on foreign currency."

Your Trade Choice Review Conclusion

It is obvious that Your Trade Choice is an unregulated offshore forex broker, just like many others. The wiser choice is picking a broker regulated by UK's FCA or the ASIC. Also, we recommend signing in with reliable brokers such as BlackBull Markets, FXGT, and FBS.

Your Trade Choice Update

Based on our research, the Your Trade Choice website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals.