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PaxForex

PaxForex
SKU:
Brand: Forex Broker
Category: Forex Broker

  • Platform

  • Min deposit

  • Min lot

  • Spreads

  • Broker Type

  • Regulated

Our Rating

The overall rating is based on review by our experts

5
  • Broker Customer Service 5 / 10
  • Broker Features 5 / 10
  • Forex Pricing 5 / 10
  • Trading Platform Connectivity 5 / 10
  • Trading Platform Usability 5 / 10

PaxForex is a Forex Broker . It started opening it’s doors to clients in 2011 , establishing it’s offices in St. Vincent and the Grenadines , United Kingdom. PaxForex (Forex Broker) offers various trading accounts: Mini Account, Standard Account and the minimum deposit for Trading in Forex (FX) is $10.

broker1} offers accounts in: USD Account, EUR Account, GBP Account, CHF Account with variable spreads. The lowest spread offered in EuroDollar is 1.8 pips Mini account.
It’s platform (MT4 Desktop/Mobile/iOS/Android/Smartphone ) can be traded on Desktop|Mobile|iOS|Android|Smartphone| , it offeres a NDD trading feed. The platform is set on GMT+2 and it offers a 4 digits ,5 digits decimal spacing on it’s forex pairs. It’s Forex (FX) accounts offer a leverage of 500 : 1 Standard Account

On it’s platforms: MT4, you can set Trailing Stoploss, No OCO orders, No One click trading, furthermore it offers Mobile trading, No Webtrading and 25 fx pairs. Among the foreign exchange products you can also trade, Gold, Silver, no.

broker1} (Forex Broker) is regulated by not regulated, and is a Independent broker..

For all those wondering on the payment and withdrawal method, here is a list of funding methods:

Payments:Bank Wire, Credit Card, Debit Card, Skrill, WebMoney, Neteller, Perfect Money, FasaPay, OKPAY, QIWI, China UnionPay

Withdrawals from your FX account:Bank Wire, Credit Card, Debit Card, Skrill, WebMoney, Neteller, Perfect Money, FasaPay, OKPAY, QIWI, China UnionPay

PaxForex - Specs

Broker

Broker Type STP | Market maker
Broker Country St. Vincent and the Grenadines
Regulation not regulated
Indipendant Broker Independent broker.
Year in Industry 2011
International Offices United Kingdom

Account

Accept US Clients Yes US clients
Mini account deposit $10
Standard account deposit $2000
Trading account currency USD Account, EUR Account, GBP Account, CHF Account
Leverage Account 500 : 1 Standard Account
Minimal size lot 0.01 lot Mini account
Leverage Mini account Mini Account, Standard Account

Payments

Funding method Bank Wire, Credit Card, Debit Card, Skrill, WebMoney, Neteller, Perfect Money, FasaPay, OKPAY, QIWI, China UnionPay
Withdrawal method Bank Wire, Credit Card, Debit Card, Skrill, WebMoney, Neteller, Perfect Money, FasaPay, OKPAY, QIWI, China UnionPay

Costs

Commissions no
Costs & Spreads variable
Costs/Lowest spreads on EURUSD 1.8 pips Mini account

Trading

Premium trading NDD trading
Scalping yes, scalpers welcome
Hedging
EAs allowed yes

Platform

Trading platform type MT4 Desktop/Mobile/iOS/Android/Smartphone
Platform time zone GMT+2
Decimal pricing 4 digits ,5 digits
Trailing stops Trailing Stoploss
OCO orders No OCO orders
One click No One click trading
Mobile trading
Webtrading

Products

Currency pairs 25 fx pairs
Gold Silver Gold, Silver
CFD Trading CFD trading
Other instruments no

Other

MAM PAMM LAMM MAM
Managed Accounts No
Swap free accounts Yes
Segregated client accounts

Promotions and Offers

Bonuses (T&Cs apply) Yes
Contests Yes

PaxForex - Reviews

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  • Rate this Product

  • Funds deposit/withdrawal process, Support, Integrity.
    5
  • Currencies variety, API, News service, etc.
    5
  • Spreads, Spreads during news, Fees, Execution.
    5
  • Bluetooth, Wi-fi connectivity, data trnasfer speed, internet browsing and interfaces.
    5
  • What do you feel about usability and speed of UI (user interface), messaging, calling, contacts management, call history, notifications and internet browsing?
    5
  • 6 / 10 based on your selection