PaxForex review and Rating

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.
- 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.
User Review
( vote)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 |
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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