Pax forex review

"paxforex has all the infrastructure you need to succeed in forex trading. I have always found it difficult to find a company that is focused on customer service other than making money.

New forex bonuses

Our Customers Testimonials, pax forex review.

I was introduced to paxforex by a friend of mine and this was a turning point for my tradings. I am currently enjoying profitable returns and am planning to open even more accounts with paxforex." "one of the things that I truly enjoy about paxforex is their constant innovation. They seem to always work to provide a better service through offering their traders a wide range of services. They have launched a blog which I find very interesting and their trading recommendations have been a very nice feature. Their support is excellent, but honestly you will never require them as their platform is solid and I have never experienced any outage or trading issues. My withdrawals are processed the same day and I very happy to manage my forex portfolio with paxforex."

Our customers testimonials

So far, since depositing my $2,000 into my trading account, I have made two trades. I won on both and have made $660 on my $2,000. That's not a surprise to me. What does surprise me is that the execution is fast and without a single requote. I have done only two trades, but I am highly encouraged by the execution speed so far. Both of my recent trades were executed at the price that I saw on the chart and the execution speed was less than one second! Impressive to say the least.

You guys are great and I hope and pray that you guys keep up the good execution speed and good service that you offer.

You guys are way better that liteforex.Com.

You can use this email as a testimonial if you want to. I would love to see this on the testimonial section of paxforex website.

Hilton

"the tree major things that will make and keep me referring people to paxforex are:

1. Their constant innovation and better service through offering their traders a wide range of services. Their support is excellent.

2. Their low spread. I made profit 0f $12,540 in account of $1,500 in one week due to very low spread.I have decided and planned with my family on trading with them for a long time. They are the most profitable broker I have worked with.

3.Their quick respond on deposit and withdrawal. My deposits and withdrawals have never take more than 30 minutes to get completed. I have never have any broker that does that prompt service."

Awura

"one of the things that I truly enjoy about paxforex is their constant innovation. They seem to always work to provide a better service through offering their traders a wide range of services. They have launched a blog which I find very interesting and their trading recommendations have been a very nice feature. Their support is excellent, but honestly you will never require them as their platform is solid and I have never experienced any outage or trading issues. My withdrawals are processed the same day and I very happy to manage my forex portfolio with paxforex."

Daniel

"the tree major things that will make and keep me referring people to paxforex are:
"I have traded with paxforex since my first day of trading. What I like the most about this company is their attentive customer service, which helped me out in learning more about forex. There have been moments I did not profit from my investments, but paxforex always provided relevant marketing insights that helped me to recover losses and profit! I recommend paxforex for all new traders as they are the safest and most professional company to trade with!"

Jaime

"paxforex continuously starts forex contest and I love it! I can join them and earn money to re-invest in my live forex account. They have always been fast with financial transactions and always replied professionally and on time to my emails. I have used other two providers before paxforex and I always had some problems along the way. I am with paxforex since one year and never had a reason to complaint about. AAA+"

Rocco

"I really feel comfortable trading with paxforex. They are easy to get along with and my money has always been 100% under my control. I used another broker in egypt some time ago and noticed how my money was been invested without my approval. This is not happening with paxforex. I recommend it to anyone looking for a professional and reliable forex investment company."

"I have invested $10,000 and already earned $30,000. I withdrew my money and the transaction was processed without any complication. All of my deposits were processed in about 15 minutes and therefore I was able to trade in within minutes. Paxforex has many exciting promotions and an exquisite customer service. I suggest everybody to open a trading account with them!"

"I have had nothing but great experiences with paxforex. I am planning on traded with them for a long time. They are the most profitable broker I have worked with. Also, I was always supported by their customer service, which answered to all of my questions in within 24 hours. They have a great blog that helped and helps me out to identify important trends in the market. Highly recommended."

"I always recommend paxforex to all my friends and colleague and I am always sure the company will never disappoint me. They are always available to help traders, they constantly create forex contests for demo accounts and update their blog to keep up with the main trends in the market in just minutes. I could not desire more from a forex company!"

Jerry

"paxforex has all the infrastructure you need to succeed in forex trading. I have always found it difficult to find a company that is focused on customer service other than making money. I was introduced to paxforex by a friend of mine and this was a turning point for my tradings. I am currently enjoying profitable returns and am planning to open even more accounts with paxforex."

"I have been trading forex for over eight years and have migrated from one broker to another and I was never truly satisfied with their overall services until I ran into paxforex. Their customer service has been outstanding even before I have opened my account. Given that I have had several negative experiences with other brokers I had a lot of questions and paxforex support took their time to answer all of them.
After I have opened my account I was impressed by their fast order execution and I have never experienced slippage. My first withdrawal was processed the same day and without complications. I am glad that I have finally found a broker who offers me a great service so that I can focus my time on trading. Thank you paxforex!"

Paxforex review

Was paxforex.Com

Paxforex is a forex broker with its corporate flag located in saint vincent and the grenadines. This leaves paxforex free to offer high leverage, up to 500:1 currently.

In terms of platforms, paxforex offers MT4, MT4 mobile, and MT4 multermimal, which permits multiple accounts to be traded simultaneously. ECN accounts are offered. Scalping, news spike trading, and eas are permitted. There is also a copytrading feature available.

Paxforex's support options include an FAQ, phone, email, contact form, and live chat.

Paxforex has been offering forex trading since 2010. In addition to many of the usual cfds offered by many forex brokers, paxforex also has a small number of cryptocurrencies available for trading.

September 2020: the FBI has seized the paxforex.Com domain name. If you have any dispute with paxforex, please submit your information to www.IC3.Gov .

Paxforex is still operating under paxforex.Org

Broker details

established:	2010
address:	1825, cedar hill crest, villa, kingstown, saint vincent and grenadines
contact:	info@paxforex.Org, +44 203 504 0303
regional offices:
regulators:	SVGFSA #201973 IBC 2014 1825
prohibited countries:

deposit methods:

bank wire, VISA, mastercard, bitcoin, ether/ethereum, fasapay, neteller, perfectmoney, qiwi, skrill, uphold, webmoney

withdrawal methods:

bank wire, VISA, mastercard, bitcoin, ether/ethereum, fasapay, neteller, perfectmoney, qiwi, skrill, uphold, webmoney

Live discussion

Join live discussion of paxforex.Org on our forum

Video

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Traders reviews

Length of use: over 1 year

Length of use: 6-12 months

Dear hustler328,
if you have an account with paxforex demo or live you can visit our site paxforex.Org and you will have access to all of your accounts trading terminal and everything is working as usual.

Please note for withdrawal you will need to make a request from your cabinet or get in contact with your manager he/she will help you more.

Length of use: 0-3 months

Length of use: over 1 year

The withdrawal was successfully submitted. And the account support replied to my emails and even the contacted me via phone. It was just a miss-understanding.

They have excellent service and it just need time and patience to resolve any issues.

Please disregard the review below.

Jan 12, 2020 - 1 star since on friday january 4th, 2020 I submitted a request for a withdrawal of $100.00. Then I got a notification, but did not get a confirmation email. So I contacted support via chat and they said they would submitted again to account support. On monday january 6th , 2020, I received an email for the following notification:

Thank you for choosing paxforex as your trusted forex broker.

The amount of 100.00 USD has been deducted from your account xxxxxx55 and sent to bank.

Part of paxforex is about making forex trading easy for our users. The other part is about maintaining quality service delivery, always.

Which one did we fail at? We are here to listen.

Do you plan to continue in the nearest future or would you like to close your account with us?

We’ll really appreciate your reply; it will help us to improve our services!

So far I have not received any amount and no one has replied to my email. How can you trust someone like them, be careful where you place your funds.

Length of use: 0-3 months

Dear roomal ahmadzai,
please send to your personal manager an account number and order number where you experienced an issue with the spread. We will make an investigation if the price was accurate or not at that particular moment.

Also, we would like to pay your attention to the fact that you were our client for the last 2 years. And during this period you were making withdrawals from any of your accounts many times and you received it without any delay.

Roomal, we are always happy to help you with our expertise and service.

P.S. According to the events described, we have compiled a log of your activities. We choose not to post it for privacy reasons.

Best regards,
paxforex team

Paxforex really worked out for me very well. The approval process was thorough but easy to pass and order execution was real quick. I made a nice few thousand dollars in a very short period. I was also able to withdraw all my money (including the profits) with no issues.

The only thing I didn't notice beforehand is that they charge 7% for withdrawing with bitcoin (US customers can only deposit/withdraw using bitcoin due to US regulations so had no other choice available), but I made enough money so it didn't matter too much.

Thanks paxforex team. See you again soon!

I can’t blame pax for the loss of my account I was chasing the trades pax an awesome brokerage.

Mar 21, 2019 - 1 star I have traded live with this company over the course of a year with 3 accounts and it’s always the tragic emotionally deceptive feed worse trading conditions they place the little trader ($1000) mini. I have demo traded like a seasoned pro on mt4 using VPA. My rep over at pax is with this scamming company. He waited for me to lose my money again to tell me about better trading conditions with a $2000 deposit with a standard account. Why is it not the same across the board! UNETHICAL is the correct response. When my account got down to the bare minimum I had no choice but to trade with proper leverage yet that made no difference. When the market went against me 15 pips the amount in the negative was like $20 bucks but when the market went in my favor like 45 pips I was only in the money maybe $6. The way they adjust there feed in the mini is treacherous. I pray that they loose all of there sleep for this robbery. When I questioned will of this his response was that of acquiring a standard account. Then he said they have billions of dollars and they wouldn’t scam me for my little $800. My response to that was “ will your brokerage makes there money on the little stupid trader like me that gets taken on an emotional rollercoaster that your feed is designed and programmed to do just that. PAXFOREX IS A HIGH IMMORAL AND UNETHICAL BROKERAGE. DO NOT TRADE WITH THEM THEY ARE SUPER THIEVES. Make them go hungry and homeless!

Reply by paxforex team submitted apr 10, 2019 dear marcus wayne rauls

We are very sad and sorry to see that

It is all a misunderstanding situation from your side

Our support team and your account manager were in constant communication with you to explain it for you

If you would like you can download your detailed history from the mt4 and compare all the deals with any other provider and you will see that there is no manipulation at all

If you don't know how to download the detailed history please contact our support team to provide it to you

You said it yourself you have been trading with us for almost a year and a half, during this time we were providing you with the best service and recommending for you the best trading conditions according to your investment as you mentioned it as well.

Feel free to contact us if you still need any explanation about your trades

Paxforex review- is it safe to use? The truth exposed here.

Paxforex review – does paxforex scam or really work? Is it risky? How does it make to use for you? Read all in my honest review here.

Product name: paxforex

Official website: paxforex.Com

Paxforex review

Paxforex is a forex broker offering to trade in currencies, metals, stocks, indices, and cfds for online trading. The agent’s office is in the UK. It is one of the few brokers who accept clients from around the world, including the united states. In terms of asset security, the agent uses separate bank accounts to ensure customer safety. There are several types of its accounts, including cents, mini, standard and VIP accounts. The minimum deposit required to open an account in paxforex is only $ 10. The broker offers various payment and cancellation tools, such as skrill, debit cards, and bank transfers. The broker offers excellent customer service throughout the day. Its goal is to help the first customer. They want to be one of the largest brokers who offer their clients commercial terms. They have good support from the website, skype and e-mail to help every customer.

What is paxforex?

A team of professional companies was created thanks to the help of investors. Business owners have large shares, currencies, options and CFD markets as investors. We have gained experience in leading positions with the largest brokers who are today our main competitors. As sellers, they know exactly what their clients deserve.

Although we are not a large company, we are large enough to meet the needs of customers in a timely manner and are enough to offer a unique industry of products and services. Providing services and trading on financial markets is all that a company does. Paxforex knowledge and experience allowed us to create a fair, flexible and stable trading environment.

How does paxforex works?

The foreign exchange market provides adequate time for the purchase or sale of certain currencies. Forex investors are constantly looking for international trends to determine which profits currently buy. Any significant event in economic possess a direct impact on the currency market. Experienced traders are more aware of why prices are higher or lower and what currencies can use based on technical analysis. The key factors for success in the forex market are experience and knowledge. Having enough time and effort to gain knowledge and control your practices will significantly increase the chances of successful currency trading in the market.

What will you get from paxforex?

The website of this contains business terms and separate regulations for certain metals, including transparent tables, swaps, and comprehensive agreements.

The most important recommendations of the analytical and currency market, as well as information and market calendars, are daily current financial events around the world.

There is a dictionary of financial terms and frequently asked questions about relatively limited information.

It offers traders competitive low spreads for any trade size with no restrictions or commissions.

More importantly, paxforex is a forex margin calculator and forex pip calculator.

The system is proud of its excellent customer service.

It offers better customer support and available 24 hours a day, five days a week.

The site contains contact information via telephone, fax, e-mail, and contact details.

It has the capacity to provide you with enough good results.

Contests, minimum fees are the most attractive for new customers.

An additional attraction is the training offer and the prestigious MT4 platform.

Conclusion

I highly recommend paxforex to earn more money by using the trading method. It is a promising online brokerage company that has quickly started trading online. However, if the list of clients continues to grow, it must be quickly settled. It is a promising online brokerage company that has quickly started trading online. However, this is regulated when the list of clients increases. They know what their clients deserve and offer a trade in financial services in many textbooks and trading tools. It finds a trusted forex broker with clients around the world. This is one of the best available traders. The broker offers a wide range of multilingual customer service. The platform develops based on extensive research and paxforex features.

Paxforex

Company laino group limited

Founded in 2010

Online since 2011

Offices in

Bitcoin

Credit/debit cards

Ethereum

Fasapay

Neteller

Perfect money

QIWI

Skrill

Unionpay

Webmoney

Wire transfer

Arabic

Chinese

English

Laothian

Portuguese

Russian

Thai

Callback

Forum

Live chat

Office

Phone

Skype

Web form

Account types:

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $100

Minimum position size 0.01 lot

Spread type fixed

Spread on EUR/USD, pips 1

Scalping allowed

Expert advisors allowed

Trading instruments

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $2,000

Minimum position size 0.1 lot

Spread type variable

Typical spread on EUR/USD, pips 0.8

Minimum spread on EUR/USD, pips 0.4

Scalping allowed

Expert advisors allowed

Trading instruments

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $10,000

Minimum position size 0.01 lot

Spread type variable

Typical spread on EUR/USD, pips 0.8

Minimum spread on EUR/USD, pips 0.4

Scalping allowed

Expert advisors allowed

Trading instruments

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $500

Minimum position size 0.01 lot

Spread type variable

Typical spread on EUR/USD, pips 2

Minimum spread on EUR/USD, pips 1.8

Scalping allowed

Expert advisors allowed

Trading platforms

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $10

Minimum position size 0.0001 lot

Spread type variable

Typical spread on EUR/USD, pips 3

Minimum spread on EUR/USD, pips 2.4

Scalping allowed

Expert advisors allowed

Trading instruments

Reviews

142 reviews of paxforex are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

They really do take care no matter what's going on with them or with me.

Over all i been with them for 9 moths but i am working with 3 other brokers and this one is becoming my faverit they get back to me fasit not in 24-48 hours or more like other brokers and that helps me alot of what to do and when to do it.

And i doing like using free signals most of the time they dont really work but paxforex offers very good signals and they help me on top of my own trading and thats what i enjoy about them.

This is a complete scam operation. I never even made a trade after seeing how massive their spreads are. I cannot get my money out of this broker. Someone needs to report them to the FBI and find the thief's who are stealing everyones money.

Well it was better than expected, very professional and good intended. Thank you and good luck in future

I have been using paxforex for around a year, they always provide great customer service and low spreads. I started working with pax with a stander account and after some time I upgraded to VIP.

This is a great full stop broker. Regulated, and seems safe and honest.

I just had some great help with levi, I was very pleased and I recommend this broker especially if you're in australia, but also around the world. Just so glad to have something safe and honestly close to home.

I am enjoying the experience thus far.

I overall have no issues with pax, I feel comfortable.

I was opening bonus 7$ account.

Im satisfied with the broker service so far . The spread not too big and the execution speed did not fail me.. Thanks paxforex

I really like the pax forex system and the way of execution, in general everything is ok, the broker is responding well

I opened this broker last of last week is a good and reliable broker to choose first I like to thank their customer support for being so kind with fast respond in my emails nd their spread is good with their speed execusion thank pax you are a best broker

Nice market execution, spreads, support. Worth trying

I would like to take a minute and say THANK YOU pax forex team. There are some really shady establishments out there but I have never had any problems with them

Whenever I expressed concerns over some transactions I always got quick feedback on what exactly happened. It's been going through highs and lows, but so far so good. I am happy regarding my experience with pax.

I was interested in stock trading. The only obstacle was the minimum deposit sum for that. So, what I did: I used 100% bonus to the balance offer, and that is why, I managed to upgrade my account faster, than I even was expecting. Ok, there were some issues with orders, but here, the support service was very efficient and understanding. I like trading here, and that’s it.

There is always volatility in the market price whenever negative news circulates. Sometimes the price can pass more than ten points in just a second. This fact most likely influenced your order.

But since you choose this forex trading strategy, you should be prepared for these risks (by the way, this pair passed about 600 points that day).

However, no matter how volatile the market is, we always execute orders at the best market price.

I really like trading with paх. My orders are executed very fast and the amount of leverage I'm given on trades is amazing.

Submit your review

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Please, try to avoid profanity and foul language in the text of your review, or it will be declined from publishing.

Forex trading bears intrinsic risks of loss. You must understand that forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster.

Cfds are leveraged products and as such loses may be more than the initial invested capital. Trading in cfds carry a high level of risk thus may not be appropriate for all investors.

Paxforex review

Paxforex

Reason to avoid: no license

Listed date: september 14, 2018

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Company name: laino group ltd. Paxforex

Registration address/ license: st. Vincent and the grenadines. No license.

About paxforex

��️ registered in	st. Vincent and the grenadines
��️ type of license	offshore license
��️ is paxforex safe to trade	no
��️ recommended licenses	FCA in UK �� & ASIC in australia ��
�� alternative broker	FP markets - licensed by ASIC in australia

Is paxforex a regulated forex broker or a scam?

No, paxforex is not safe to trade with it. Paxforex is an unregulated broker.

Paxforex review is about a company laino group ltd and is a brand name of the established and registered in st. Vincent and the grenadines financial investment firm.

The broker claims to run an office in the UK, which is not, for instance, a case, and offers a wide selection of trading opportunities to trade on forex, stocks, options and cfds through an STP/ ECN connectivity to the liquidity providers.

In fact, the company partners with total capital forex promotions (pty) ltd and other companies that are located in various jurisdictions, but do not serve itself any other office than its headquarter in known offshore zone st. Vincent and the grenadines.

Due to its situated office, paxforex does not hold any authorization or regulation licenses from the world recognized financial authorities.

Besides, the negative reviews and much of disappointed traders by the broker’s provided operations releases the question, is it really a good idea to trade with the paxforex broker? It is absolutely clear that financial investment involving high risks and it is at the paramount priority to reduce risks as much as possible.

That’s why trading with the regulated brokers increases the reliability timely since the company is constantly watched by the respected authority.

The world leading watchdogs including companies regulated by ASIC, bafin or FCA, thus it is a much smarter idea to engage in trading with the regulated brokers.

Notwithstanding by fact that the paxforex company do provide an attractive selection of account types that might suit the need of beginning and seasoned traders, the sum of the above and non-licensed company nature impacts in a negative recommendation of account opening.

Paxforex review and ratings

Availability

Paxforex accepts clients from all over the world, excluding some countries where restrictions apply.

Distinctive features

Simple registration and verification process.

Trading accounts with variable and fixed spreads.

Tight variable spreads on major currency pairs.

Trading instruments

Forex broker offers the following underlying assets for trading.

60+ currency pairs	based on major and minor world currencies.
4 crypto pairs	based on bitcoin, ethereum, ripple, litecoin.
9 indice cfds	based on baskets of different blue-chip stocks.
2 metal spot cfds	based on gold and silver.
40+ stock cfds	based on shares of US companies.

Comprehensive review

Registered in saint vincent and the grenadines, paxforex provides traders with the flexibility of using an offshore-registered broker with straightforward verification requirements, tight spreads, and high leverage of up to 1:500.

Although paxforex is unregulated by any government agency, it has become a popular broker among retail forex and CFD traders, partly due to the fact that it caters to traders from all over the world, including the USA.

Paxforex offers a range of different account types to be sure there is something for every need, from the very small new trader, to veterans in the forex market. In total, there are five trading accounts to choose from:
– cent forex account – the best account for newbies in trading who want to test the water before jumping into trading with both feet. Minimum deposit is just USD 10.
– forex mini account – A good option for new traders with a minimum deposit of only USD 100 and spreads from 1.4 pips.
– standard forex account – best for experienced forex traders with low spreads and a minimum deposit of USD 2,000.
– VIP forex account – ideal for professional traders who can deposit a minimum of USD 10,000, wants low spreads, and a dedicated account manager.

As with most forex brokers, spreads and commissions are generally low with the higher-level trading accounts at paxforex, but are on the high side when trading with beginner-level accounts such as the forex mini account or the cent forex account. Traders who can afford to pay up the higher initial deposit requirements can therefore get a pretty competitive deal with paxforex that is certainly at the same level as what other comparable brokers can offer.

In terms of platforms, paxforex uses the very popular metatrader 4 (MT4) as its only trading platform. This means that traders who are switching over from other brokers are welcomed by the familiar user interface that MT4 offers, which significantly eases the transition. The platform is available in versions for desktop and web, as well as apple and android mobile devices, and as a multiterminal platform for traders who manage several accounts.

When it comes to available trading instruments, paxforex’s offering is quite good with a large selection of currency pairs, cfds based on global share indices and shares of individual companies, as well as gold, silver, and cryptocurrencies like bitcoin, ethereum, ripple (XRP), and litecoin.

As an offshore broker, paxforex accepts deposits and withdrawals via cryptocurrencies bitcoin and ether, international bank transfer, credit & debit cards, or online e-wallets like webmoney, skrill and others. The initial minimum deposit amount is USD 10 or the equivalent in another currency for most payment methods. Note that the broker charges a rather high service fee of 5.5% for withdrawals to credit and debit cards.

A nice extra benefit of using paxforex are the daily forex fundamental analyses that are published for traders to read. Unlike many other brokers that largely focus on technical analysis, this broker does a nice job educating its clients on the important fundamental drivers in the forex market with daily updates, covering both the precious metals market and the most popular currency pairs.

In terms of customer service, we appreciate the 24-hour phone and live chat service available at paxforex. This differs from many other brokers who are only available for their traders during regular business hours. However, we all know that technical glitches and platform issues can happen at any time of the day, which means having customer support available can be critically important. It is, however, unclear exactly which languages support is offered in other than english.

Paxforex UK review 2021

	paxforex is an offshore broker offering $10 minimum deposits & MT4 trading.
Paxforex is an offshore broker offering $10 minimum deposits & MT4 trading.

Paxforex is broker that offers traders forex, stocks, indices, metals, cryptocurrencies. Paxforex allows traders to use the metatrader4 trading platform, but unfortunately not metatrader5 at this point.

Paxforex also gives traders access to 4 cryptocurrencies: BTC, ETH, LTC and XRP.

Paxforex summary

Paxforex is an offshore broker offering $10 minimum deposits & MT4 trading.

Ratings

CFD trading

Trade across markets with leveraged cfds.

FTSE spread	9
GBPUSD spread	0.5
oil spread	N/A
stocks spread	variable

Forex trading

Trade FX with tight spreads & 1:500 leverage.

GBPUSD spread	0.5
EURUSD spread	0.4
EURGBP spread	1.5
assets	60

Cryptocurrency trading

Trade popular cryptos against the US dollar.

Spread	from 3 pips
coins	BTC, ETH, LTC, XRP

Payment methods

Paxforex accepts the following payment methods:

Neteller

Skrill

Webmoney

Visa

Unionpay

QIWI

Wire transfer

Fasapay

Perfect money

Cashu

Paxforex vs other brokers

If you want to compare paxforex with other brokers, use the detailed comparisons below.

Paxforex review

Trustpilot

Paxforex is a well-established broker since 2010. Paxforex has headquarters in saint vincent and grenadines and united kingdom. They are generally well-suited for paxforex to provide their forex/CFD trading services to global clients.

Simple yet detailed information upon this broker can be seen below.

Features

Trading by telephone

Segregated accounts

Islamic accounts available

US traders are welcome

Account information

This broker offers mini, standard, VIP, islamic and cent. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by paxforex is up to 1:500. Meanwhile, you can open an account with a starting capital of $10

If you want to look for further information about this broker's offered account(s), please take a look at the list below.

Minimum deposit $100

Minimum position 0.01 lot

Overnight interest rates (swaps)

Instruments traded

Besides lots of currency pair, paxforex also offers some instruments you would like to trade on, such as forex and cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Cryptocurrencies
1:5

Minimum deposit $2000

Minimum position 0.1 lot

Overnight interest rates (swaps)

Instruments traded

Besides lots of currency pair, paxforex also offers some instruments you would like to trade on, such as forex, gold & silver, stocks and cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Cryptocurrencies
1:5

Minimum deposit $10000

Minimum position 0.01 lot

Overnight interest rates (swaps)

Instruments traded

Cryptocurrencies
1:5

Minimum deposit $500

Minimum position 0.01 lot

Instruments traded

Besides lots of currency pair, paxforex also offers some instruments you would like to trade on, such as for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Minimum deposit $10

Minimum position 0.0001 lot

Instruments traded

Besides lots of currency pair, paxforex also offers some instruments you would like to trade on, such as forex and gold & silver for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Payment methods

Bitcoin : as a payment method, bitcoin is reliable for its low cost and quick process. Brokers have been integrating bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.

Fasapay : known as an e-payment for retail forex traders, fasapay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

Neteller : like paypal, neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept neteller as a payment method for their clients' fund deposit and withdrawal. Although the neteller system is available almost all over the world, it remains particularly popular in europe.

QIWI : qiwi is an e-wallet or electronic payment service provider from rusia that is introduced in 2007. The service is mainly used by individuals and businesses in russia, ukraine, kazakhstan, moldova, belarus, romania, the US, and the UAE.

Skrill : mostly, all forex brokers provide skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a skrill e-wallet account.

Webmoney : webmoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept webmoney today. Like other online payment services today, webmoney is supported by mobile applications to make transactions more efficient.

Wire transfer : wire transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

Paxforex also provides payment with credit/debit cards, ethereum, perfect money and unionpay

Trading platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, paxforex offers you metatrader 4.

Customer support

Do you have any question or find any trouble related to paxforex? If you do, you should reach paxforex's support to get the information that you need. Here is the detail of the broker's customer support:

Review

29 september 2020 - kate leaman

Our expert review of paxforex looks at a broker that’s been in business since 2010 and is licensed by the SVG FSA. The broker offers multiple account types to suit a wide range of trading needs and allows you to get started with as little as $10. You can trade forex, stocks, metals, and cryptocurrencies at paxforex, via metatrader 4 which is also available on mobile devices. Paired with competitive spreads across asset classes, paxforex is a great choice for low-cost, on-the-go trading.

Offers more than 100 instruments

Benefit from daily technical analysis of forex

Licensed by SVG FSA

Best broker for small depositors

Only authorized by one regulatory body

Overall scores

In this review, you can find all the information you need to decide whether is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how scored in each of our high-priority categories.

Brokers available in united kingdom

Discover a broker you can trust by reading our in-depth and honest reviews, created by industry experts. Since 2015, we’ve reviewed over 200 forex brokers.