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Legal Documents – FXChoice

1. FSA (Financial Services Authority)

The FSA certificate for ChoiceFx’s signifies that the broker is licensed and regulated by the Financial Services Authority of Belize.

FSA Certificate 2

Key Information:

  • License Number: MB/23/010
  • Regulatory Authority: Financial Services Commission (FSC) of Belize
  • Date of Registration: Active since 2023

Regulatory Compliance:

  • Segregated client funds
  • Regular financial audits
  • Anti-money laundering (AML) policies
  • Know Your Customer (KYC) procedures

Benefits of FSA Regulation:

  • Enhanced client fund protection
  • Regular monitoring of broker activities
  • Transparent trading conditions
  • Dispute resolution mechanisms

This certification allows ChoiceFx’s to legally operate in the Forex and CFD markets while adhering to the legal and financial requirements set by the FSA.

2. FCA (Financial Conduct Authority)

ChoiceFx’s is primarily regulated by the Financial Services Authority (FSA) of Belize, and not by the Financial Conduct Authority (FCA) of the UK.

FCA Information

Important Notice for UK Clients:

  • ChoiceFx’s is not regulated by the UK’s FCA
  • Services are provided under Belize FSA regulation
  • Different regulatory protections apply compared to FCA-regulated firms

What This Means for Traders:

  • No coverage under UK Financial Services Compensation Scheme (FSCS)
  • Different complaint handling procedures
  • Alternative regulatory framework and protections

Trading Considerations:

  • International regulatory standards still apply
  • Client funds remain segregated
  • Professional trading environment maintained
  • Access to global markets and instruments

While ChoiceFx’s serves clients globally, including those in the UK, it operates under Belize’s regulatory framework rather than the UK’s FCA regulations.

3. FSCA (Financial Sector Conduct Authority)

ChoiceFx’s operates under the regulation of the Financial Services Authority (FSA) of Belize and not the FSCA (Financial Sector Conduct Authority) of South Africa.

FSCA Information

Important Notice for South African Traders:

  • ChoiceFx’s is not regulated by the South African FSCA
  • Operating under Belize FSA jurisdiction
  • Different regulatory framework from South African brokers

Regulatory Implications:

  • No coverage under South African regulatory protections
  • Different dispute resolution procedures
  • Alternative regulatory safeguards apply

Trading Considerations for SA Clients:

  • International trading standards maintained
  • Secure fund segregation
  • Professional trading platform
  • Global market access
  • Multi-currency account options

Additional Services:

  • 24/5 customer support
  • Educational resources
  • Technical analysis tools
  • Multiple payment methods

While South African traders can access ChoiceFx’s services, they should be aware that the broker is not regulated by the FSCA and operates under Belize’s regulatory framework.