PaxForex – Forex Broker review

PaxForex review and Rating
PaxFX review

Name: PaxForex review

Description: PaxForex, established in 2011, is an online Forex broker domiciled in Saint Vincent and the Grenadines offering its client, low spreads and fast execution solution. It is not regulated. It has an office in the UK as well with clients pooled from over 50 countries.

66%
66 of 100 1 review
  • Support - 80%
    80%
  • Platform - 70%
    70%
  • Insights - 50%
    50%
  • Leverage - 70%
    70%
  • Commission - 60%
    60%

Summary

Pax Forex offers the MetaTrader 4 and MT4 Mobile global forex trading top platforms. Moreover, PaxForex.com offers over 55 forex pairs, shares, gold, silver, bitcoin, and other cryptocurrencies for investment and trading options. New traders should take the lessons provided on the website, and then proceed to demo account for practices. After demo trading, the newcomers are encouraged to open a Cent account that has minimal risks and an opening balance of only $10. Read PaxForex forex broker review, rating, regulation, and detailed information for their services below.

Sending
User Review
4 (1 vote)
Comments Rating 0 (0 reviews)

Pros

  • Transitory accounts that make it easy to move from demo trading to real money trading.
  • Low startup capital ($10)
  • 100% deposit bonus
  • The broker claims to cover all the client’s bank deposit fees

Cons

  • The withdrawal fee for sums less than $50 is high
  • Unregulated broker
  • Limited trading instruments; less than 100
  • No US or Japanese trades accepted

PaxForex is a forex broker. PaxForex offers the MetaTrader 4 and MT Mobile global forex trading top platforms. Furthermore, they offer over 20 forex pairs, gold, and silver for investment and trading options. The Standard account recommends a deposit of $5000, but it can open at $2000. The spread is 0.3, and there is 1-on-1 education provided as well as a personal manager. The swap accounts free account option is also there. PaxForex offers a complete trading guide that is split into ten different parts that provide lessons for both experienced and new traders. There are also other services, including several infographics and insightful blogs.

PaxForex Detail Information

Company Paxinvest.com LTD
Founded in 2010
Online since 2011
Offices in British Virgin Islands, Russian Federation, United Kingdom
Payment options CashU, Credit/debit cards, FasaPay, Neteller, OKPAY, Perfect Money, WebMoney, Wire transfer
Demo platforms MetaTrader 4
Account currencies Euro, United States dollar
Currency pairs
AUD/CAD AUD/CHF
AUD/JPY AUD/NZD
AUD/USD CAD/CHF
CAD/JPY CHF/JPY
EUR/AUD EUR/CAD
EUR/CHF EUR/GBP
EUR/JPY EUR/NZD
EUR/USD GBP/AUD
GBP/CAD GBP/CHF
GBP/JPY GBP/USD
NZD/JPY NZD/USD
USD/CAD USD/CHF
USD/JPY
Website available in Arabic, Chinese, English, Russian, Thai
Support available in English, Russian
Support methods Callback, Email, Live chat, Phone, Skype
Trading server time zone GMT+2
VPS for traders Account founded at 10,000 USD and more. It Has the lowest Forex spreads, allowing trading CFDs on Forex, Gold, Silver, stocks plus direct access to their account manager through phone, chats, or email.

PaxForex Features

  • Bonus offers
  • Trading contests
  • Trading by telephone
  • Affiliate program
  • Islamic accounts available
  • US traders are welcome

Account Types

  • Micro Account
  • Standard Account
  • VIP Account
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