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PaxForex Guide – Read our In-Depth PaxForex Review

PaxForex Rating: 6.98 / 10

Our proprietary rating algorithm takes all of our datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones.

This PaxForex review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this PaxForex review does not apply to users in BR, KR, IR, IQ, SY, JP, US

This PaxForex review contains the most recent information about PaxForex.

If you are a new entrant in the realm of trading and broker, so many facts will be confusing for you. Getting into the area of trading requires expert assessing skills and comprehensive knowledge. You'll get proficient at all of the concepts of broker since you keep trading. For starters, you need to select the right agent who will be transparent with you constantly.

In this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan will create hefty returns. PaxForex is just one such stage which will take you along with your investment to great heights. It's important to know all about PaxForex until you trust them with your money.

PaxForex review screenshot

PaxForex Review – Quick Summary

PaxForex Telephone Number: +44 844 507 0446
PaxForex Email Address: info@paxforex.org
PaxForex Address: 16 St Georges St, Douglas, Douglas IM1 1JD
Year Founded: 2011
Regulated By: Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825
Hedquarters: Saint Vincent and the Grenadines
Minimum Deposit: $10
Number Of Clients: 350+ PaxForex users and traders
PaxForex LinkedIn: https://www.linkedin.com/company/paxforex-broker
PaxForex Facebook: https://www.facebook.com/PaxForex.Best.Forex.Broker
PaxForex Facebook Likes: 5,706
PaxForex Twitter: @PaxForex
PaxForex Twitter Followers: 2,719
PaxForex Instagram: https://www.instagram.com/pax_forex/
PaxForex Instagram Followers: 16,700
PaxForex Youtube:

Trading in leveraged products may involve a significant level of risk and is not suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary.

Our entire PaxForex Review covers everything you need to know about trading using PaxForex. A fantastic agent can multiply your first investments and give you positive profits. If you want to make profits, you should trade with a broker service that contrasts with your investing goals.

There is no sure-fire way to ensure profits; therefore, you must carefully assess your broker before you select them. It is a common misconception that all agents will be the same, but that's not correct. Wrong judgment, in the beginning, can set your investments at risk.

PaxForex is a broker that has found its way successfully into the brokerage world. Within this review, we've attempted to collate some of the important aspects of PaxForex. This review will help you to know whether PaxForex is a good fit for your own investments or not. We've tried to breakdown all of the qualities and fees for your advantage.

PaxForex Review, Table Of Contents

Who are PaxForex?

PaxForex is a forex broker headquartered in Saint Vincent and the Grenadines and provides a variety of instruments for online trading. Since its establishment in 2011, PaxForex has emerged as a top player in the field of online broker. PaxForex includes a highly aggressive and full-featured trading website that's focused on forex, indices, metals, sharesand commodities.

Over the past 10 years, PaxForex has grown into one of the leading online brokers.

After launching in 2011, their customer base has become as big as 350+ clients.

PaxForex is a favourite of many traders because of its negative balance protection. Our PaxForex review found that they're an superb alternative for automated trading solutions. It is most appropriate for investors that are looking for a variety of assets. Social and automated trading options are the core at PaxForex.

Technology plays a substantial role in PaxForex. PaxForex offers trading on Web, iPad, mac, Desktop, iPhone iOS. PaxForex is fair, transparent, and also a well-regulated agent by the Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825. Their outstanding variety of tools will be beneficial for the majority of traders. Third-party partnerships also supply in-house research.

The educational department at PaxForex is quite enlightening for new traders since it permits them to have a closer look at the financial markets. PaxForex caters to all types of traders and are a must-have broker for any well-diversified approach to trading.

PaxForex Videos

Benefits of trading with PaxForex?

Trading with PaxForex includes numerous advantages. These benefits are what sets PaxForex apart from all other online agents. You should check all the benefits listed so you have a better understanding of PaxForex.

The agent goes to great lengths to comprehend what traders want. Consequently, the support, quick, and convenient. The broker also provides a variety of programs for all types of traders. PaxForex helps to ensure that the individual needs of all traders are completely met.

PaxForex also features excellent trading conditions that are available to just an elite group of institutional customers. The tight spreads and quick executions are a fantastic advantage for the traders. The technology embraced by PaxForex is among the maximum caliber, ensuring that it is fast, dependable, and effective.

PaxForex acknowledges the importance of owning a quick order execution. A fast implementation will allow users to exchange without fretting about slippage safely. It will also help the dealers to grab the utmost profitable opportunities.

Copy trading is another important aspect of PaxForex. A new trader can learn from business experts utilizing the automated copy trading option. This means you can monitor the best performing traders and instantly copy their trades and benefit from their experience

To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, PaxForexoffers social trading which encompasses leading traders sharing their knowledge with the community. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is independent copy trading..

PaxForex has over 188 trading instruments to support all kinds of traders. These instruments are lively and convenient for both the new and experienced traders. The traders can set aside all their concerns when trading using PaxForex.

PaxForex overview

Year Founded: 2011

Regulated By: Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825

Hedquarters: Saint Vincent and the Grenadines

Minimum Deposit: $10

Number Of Clients: 350+

Trading in leveraged products may involve a significant level of risk and is not suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary.

If you feel that PaxForex is not right for you then at the bottom of this PaxForex review you wil find a lot of alternatives to PaxForex.

Everything you should know about trading with PaxForex

PaxForex is a dynamic platform that provides various procedures of trading online. These tools cover the monetary markets substantially. The Majority of the broker platforms provide less procedures than PaxForex

If you wish to exchange with PaxForex, you will require a minimum deposit of $10. This deposit is mandatory if you want to begin trading with PaxForex. This 2021 PaxForex review will direct you clearly about trading with them.

PaxForex is as versatile as any other brokerage platform. PaxForex is great for traders who want a manageable array of cheap services. The programs provided by PaxForex are third-party, white-label offerings. All traders may select out of Web, iPad, mac, Desktop, iPhone iOS.

Along with everything, PaxForex has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a trade has to be kept available. The agents offer premium client service which rewards customers with advantages.

Many unethical brokers attempt to pressurise users into larger financing for superior services. PaxForex, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the further advantages will come along.

PaxForex accounts are available globally and provides quality service wherever they have customers. There are a few countries where PaxForex accounts are not available. Traders in the following countries cannot open or use a PaxForex account:

BR, KR, IR, IQ, SY, JP, US

Is PaxForex Safe To Trade With?

Established in 2011, PaxForex has been operating for 10 years, they are headquarted in Saint Vincent and the Grenadines.

PaxForex is regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825. These bodies have rules that ensure that trading platforms have ploicies in place to keep investor's assets secured. This means that PaxForex users do not need to worry about their money as it is segregated and safely kept in established banks. SSL encryption secures every user's private information as well.

You can make use of an option for Two Factor Authentications (2FA) with PaxForex for heightened security. An SMS for the verification code will be sent to a phone. You will be asked to enter this code to log in to your accounts.

Another concern with financial brokers is in respect to security may be manipulation of trading. This is highly disadvantageous for consumers on those platforms. However, this is much more widespread in the case of Market Maker agents who compete with users on the stage.

PaxForex Risk Disclaimer

Trading in leveraged products may involve a significant level of risk and is not suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary.

Pro's & Con's Of Trading With PaxForex

Every online trading platform will have a few ups and downs, and no PaxForex review would be complete without having a balanced approach. This PaxForex review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

PaxForex Pro's

  • PaxForex is trusted by 350+ clients
  • PaxForex offers Negative Balance Protection
  • PaxForex offers Guaranteed Stop Loss
  • PaxForex has low minimum deposit requirements
  • PaxForex doesn't charge inactivity fees
  • PaxForex doesn't charge CFD fees
  • PaxForex offers social trading
  • PaxForex offers copy trading
  • PaxForex offer trading on Web, iPad, mac, Desktop, iPhone iOS
  • PaxForex offer 188 trading instruments
  • PaxForex trades major forex pairs
  • PaxForex trades minor forex pairs
  • PaxForex trades exotic forex pairs
  • PaxForex offers trading on cryptocurrencies
  • PaxForex can communicate in English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

PaxForex Con's

  • PaxForex charge withdrawal fees
  • PaxForex charge deposit fees
  • PaxForex doesn't offer trailing stop

PaxForex Review - Compare Brokers Similar To PaxForex

PaxForex ord minnett limited Ayrex joseph palmer and sons
Rating 6.98 / 10 5.05 / 10 2.47 / 10 6.45 / 10
Minimum Deposit $10 $250 $250 $250
Year Founded 2011 2013 2016 2021
Headquarters Saint Vincent and the Grenadines Australia Cyprus Cyprus
Regulated By Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825 Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F292 Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F264
Clients 350+ 10,000+ 10,000+ 10,000+
Find Out More
Risk Warning Trading in leveraged products may involve a significant level of risk and is not suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary. Your capital is at risk Your capital is at risk Your capital is at risk

PaxForex Review - Regulation And Licencing In More Detail

PaxForex is regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825.

PaxForex, as a business, has a powerful set of rules for ensuring honest trading on its platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).

As per the organization's privacy regulations, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.

PaxForex Review - Awards

At the time of writing this PaxForex review, and despite PaxForex’s impressive offering, the company has surprisingly not garnered any other awards to date.

PaxForex Trading Platforms

PaxForex are a professional trading platform that has been open for over 10 years. They offer a large range of options in their customer accounts.

In the following table we take the main parts of any good brokerage and compare PaxForex with ord minnett limited, Ayrex, and joseph palmer and sons

PaxForex ord minnett limited Ayrex joseph palmer and sons
Demo Account Yes Yes Yes Yes
Proprietary Platform
Windows App Yes Yes Yes Yes
Mac App Yes Yes Yes Yes
Linux App No No No No
Social Trading Yes No No Yes
Copy Trading Yes No No Yes
MetaTrader 4 (MT4) Yes Yes Yes Yes
MetaTrader 5 (MT5) Yes Yes Yes Yes
cTrader Yes Yes Yes Yes
DupliTrade Yes No Yes Yes
ZuluTrade


Trading in leveraged products may involve a significant level of risk and is not suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary.


Your capital is at risk


Your capital is at risk


Your capital is at risk

PaxForex Review - Minimum Deposit Required

The minimum deposit you must deposit to begin on PaxForex is $10. This is an adequate amount for people just beginning. You can create more complex residue as you go along. But, make certain you understand how to make the most of your money before investing larger amounts.

PaxForex Review - Commission And Fees Explained

PaxForex is an online broker platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled better. In other words, an internet broker isn't necessarily affected by the amount of customers they have.

But this does not mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are mainly 3 types of penalties for this objective.

The first sort of fees to keep an eye out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you are billed trading fees. In these cases, you're paying a spread, funding rate, or even a commission. The kinds of trading charges and the rates differ from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Funding or overnight rates are people who are charged when you hold a leveraged position for more than a day.

Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the actions you undertake on your account. They're billed for things like depositing cash, not investing for long periods, or withdrawals.

Generally, PaxForex does not charge high fees in comparison to other online brokers. For operations other agents fee for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who often trade, for example weekly or daily trading.

However, non-trading fees billed by PaxForex are comparatively higher. Consequently, you're charged more for non-trading actions in your trading accounts, such as withdrawal and deposits. These aren't related to the purchase and sale of resources.

This PaxForex review breaks down every one of the applicable non-trading fees for you in detail.

Compare broker fees against PaxForex

PaxForex ord minnett limited Ayrex joseph palmer and sons
Minimum Deposit $10 $250 $250 $250
Withdrawal Fees Yes No Yes No
Inactivity Fees No No No No
Deposit Fees Yes No Yes No
CFD Fees No No No No


Trading in leveraged products may involve a significant level of risk and is not suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary.


Your capital is at risk


Your capital is at risk


Your capital is at risk

PaxForex Review - Withdrawal Fees Explained

PaxForex charges a withdrawal fee if you create a bank transfer. Each time you move money into your bank accounts, these withdrawal fees become applicable.

Withdrawal of money is possible at any moment from your PaxForex account. It's possible to draw up sums to the amount of your account balance, keeping aside the margin used. One thing to remember is that you don't necessarily need to have any cash in your accounts.

In addition, the withdrawn money will be transferred directly to the accounts you use to create deposits. Thus, in the event that you used a credit card for deposits, the withdrawn money is going to be sent into the card. PaxForex will ask you to provide other withdrawal methods if your details have changed since your deposit.

There is a minimum withdrawal amount. In case you're withdrawing cash in various currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the currency you're choosing to withdraw in.

PaxForex Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is one of the buzzing questions which run through your head while open an account with PaxForex. An inactivity fee is an amount charged to registered dealers who have not participated in purchasing or selling for a while. The period considered inactive is decided by the agent.

The inactivity fee differs from one broker to another and is not standardized. If a dealers account does not have a buying or selling transaction, it is maintained by the broker as an inactivity fee. The traders need to pay this fee under terms and conditions they had agreed while registering.

PaxForex doesn't charge inactivity fees so you are free to use your account as needed

Even if no charges are indicated by PaxForex, it is better for you to close the account if you're inactive. Inactivity fees aren't only charged by brokerage firms but also many financial services.

For additional trading platforms, the inactivity fee depends on the sort of account you've selected. The inactivity fee is exposed to many conditions and should be revealed clearly by the broker beforehand.

PaxForex Review - Deposit Fees Explained

When you transfer money in your trading account from the bank account, a deposit fee can be billed by the broker. Most brokers do not charge too much money for this particular operation.

PaxForex charges a deposit fee for transferring money into your trading account.

Depositing money on the PaxForex trading platform is easy. You just have to complete a single-user profile survey to start depositing money into your trading account. You will need to provide an identity proof and proof of residency to deposit substantial sums.

PaxForex Review - Compare Broker Deposit Methods

PaxForex ord minnett limited Ayrex joseph palmer and sons
Minimum Deposit $10 $250 $250 $250
Credit Card Yes Yes Yes Yes
PayPal No Yes No Yes
Neteller Yes Yes No Yes
Skrill Yes Yes No Yes
Payoneer No Yes Yes Yes


Trading in leveraged products may involve a significant level of risk and is not suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary.


Your capital is at risk


Your capital is at risk


Your capital is at risk

What Can You Trade With PaxForex?

Note: PaxForex provides a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered will be different based on the country of residence of the client.

PaxForex has a wide variety of over 188 instruments available for you to trade with.

If trading forex pairs is of interest to you then PaxForex offer over 62 currency pairs.

Compare PaxForex, ord minnett limited, Ayrex & joseph palmer and sons below.

PaxForex ord minnett limited Ayrex joseph palmer and sons
Platforms Web, iPad, mac, Desktop, iPhone iOS MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps Android , iPhone, Mac, iPade MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Instruments Available 188 175 40 147
Forex & Crypto
Forex Pairs Available 62 145 117
Offers Major Forex Pairs? Yes Yes Yes Yes
Offers Minor Forex Pairs? Yes Yes No Yes
Offers Exotic Forex Pairs? Yes Yes Yes Yes
Offers Cryptocurrencies? Yes Yes No Yes
Commodity CFD's
Commodities Offered 40 91 0 63
Trade Metals? Yes Yes No Yes
Trade Energies? No Yes No Yes
Trade Agricultural? No No No No
Indiced & Stock CFDs
Stocks Offered 42 91 0 63
Trade UK Shares? No No No No
Trade US Shares? Yes No No No
Trade German Shares? No Yes No Yes
Trade Japanese Shares? No No No No


Trading in leveraged products may involve a significant level of risk and is not suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary.


Your capital is at risk


Your capital is at risk


Your capital is at risk

Reviewing The PaxForex Mobile App

Note: PaxForex's mobile app has many functions and is being constantly developed. The below information was correct at the time of writing this PaxForex review.

Understand the capabilities of the mobile apps of PaxForex, ord minnett limited, Ayrex & joseph palmer and sons below.

PaxForex ord minnett limited Ayrex joseph palmer and sons
Basic Alerts / Push Notifications Yes Yes Yes Yes
Watchlists
Has A Watchlist Yes No No Yes
Watchlist Syncs Across Platforms Yes Yes No Yes
Indicators And Charts
App Indicators Yes No No Yes
Can Draw Trendlines Yes Yes No Yes
Can Move Trendlines Yes No No Yes
Has Multiple Timeframes Yes Yes No Yes
Saves Charts Yes No No Yes
Other Broker Mobile App Functions
Has Economic Calendars Yes No No Yes


Trading in leveraged products may involve a significant level of risk and is not suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary.


Your capital is at risk


Your capital is at risk


Your capital is at risk

Alternatives To PaxForex

If, after reading this PaxForex review, they don't fulfill your needs check out these PaxForex alternatives.

We've scoured the web to find the best alternatives to PaxForex. Click on the links below to learn more.

Frequently Asked Questions about PaxForex

Can I try PaxForex before I buy?

Yes, you can most definitely try PaxForex before you buy. PaxForex offers demo accounts for the ease of new traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.

If you register for a demo account on PaxForex, you may set out using a decent amount of virtual money. It is to establish a feeling of security and confidence in you until you choose to spend your own money.

With this digital PaxForexdemo account, you can experiment at all, to whatever length you desire. You can also start positions, test different trading approaches, and much more.

PaxForex specifies on its official website that you are able to exchange real time stocks with your demo account.

Is PaxForex safe?

You can drop all of your worries because we believe that PaxForex is totally safe to use. It is in compliance with the principles of Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825.

To its credit, PaxForex does provide assured stop-loss protection.

Why does PaxForex ask for my passport?

The reason that PaxForex asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, PaxForex has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, PaxForex must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with PaxForex?

The process to start trading withPaxForex is perhaps simple enough to be a cakewalk. You need to begin by signing up on the PaxForex website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with PaxForex is $10. You should have a good understanding of the details of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with PaxForex.

The best way to kickstart your trading career with PaxForex is to open a demo account facility before risking any real money

What funding methods do PaxForex accept?

There are multiple ways to finance your account with PaxForex. The process is effortless and quick, with different payment methods in your fingertips.

You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You must bear in mind that PayPal isn't available in every place. The monies PaxForex

Is my money safe with PaxForex?

Yes, your cash is safe and protected with PaxForex. As you know, PaxForex works with proper conformation to. It's established lots of steps to protect all of its own investors.

PaxForex protects its clients' private and sensitive information under SSL encryption. Your capital will be retained highly secure in top-tier banks.

If you want to further safeguard your account, you can empower Two-Step Verification as well. It takes an SMS affirmation for you to access your account.

Is PaxForex trading good?

Yes, trading via PaxForex is a pleasant and decent experience indeed. It is a great and intuitive platform with helpful features for your simplicity. Moreover, you can also gain access to a huge selection of educational resources and assistive material to kickstart your trading experience.

If you remain skeptical, you can open a eToro demo account and evaluate the trustworthiness of the platform on your own.

Which Countries does PaxForex support?

PaxForex operates across the globe. However, due to regulations there are some countries that PaxForex do accept clients from BR, KR, IR, IQ, SY, JP, US

Is PaxForex legit?

PaxForex is a legit company headquarted in Saint Vincent and the Grenadines since 2011. They are regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825. PaxForex is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is PaxForex a good broker?

PaxForex is an excellent broker, and its users can vouch for this. The highlight of the platform is its quick order execution on trades.

You'll find the clean layout of this platform along with the admirable features a pleasure to work with.

Is PaxForex a trustworthy broker?

Yes, PaxForex is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 350+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for PaxForex?

The minimum deposit to open a live account with PaxForex is $10

How long do PaxForex withdrawals take?

Normally, withdrawal of money from PaxForex is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from PaxForex to show in your bank account.

Are PaxForex regulated?

PaxForex are regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825

Is PaxForex a market leading broker?

PaxForex is currently among the industry leaders. It has over 350+ registered customers and over 10 years of expertise on its record. They're among the world's leading trading platforms and a dominant figure in the Fintech revolution.

It simplifies this status to its unbelievable platform and wide selection of resources plus tools so you may put money into capital markets.

Is PaxForex a con?

No, PaxForex is not a con. They are regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825 and must adhere to their rules. Thus, it is safe to say that PaxForex is not a scam.

Can you make money with PaxForex?

Through PaxForex, several traders make a great deal of cash. However, typically, through continual trading, you also can create between 2% - 10% profit a month.

This can look like a small number, but over the entire year, this adds to a substantial number of gains. While PaxForex supply you all of the tools to earn money, they cannot guarantee you will profit.

Does PaxForex have fees?

Yes. To start trading with PaxForex, you need to deposit $10. Certain commissions while trading also apply. Any processing fees from your bank might need to be incurred by you.

When was PaxForex founded?

PaxForex was founded in 2011 in Saint Vincent and the Grenadines. PaxForex is regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825.

How many people use PaxForex?

PaxForex is a worldwide recognised agent with 350+ clients.

Where is the PaxForex head office?

PaxForex has its head office in Saint Vincent and the Grenadines

Does PaxForex offer negative balance protection?

Yes, PaxForex has Negative Balance Protection. It is especially offered when the market volatility keeps customers from allowing their accounts go in the red. In a situation like this, PaxForex offers the ability to reset a customers account balance to zero.

You can go through the critical stipulations on PaxForex's website to understand their policies better.

Does PaxForex offer guaranteed stop loss?

Yes, PaxForex offer a guaranteed Stop Loss order.

If there's absolutely no free margin left together with the customer, PaxForex will stop your own positions. If the losses in the ceased out position exceeds your account balance, you might experience a negative account balance.

Does PaxForex allow scalping?

Yes, PaxForex do permit scalping. Many traders throughout the world choose PaxForex due to their services that are trading. They offer trading on Web, iPad, mac, Desktop, iPhone iOS which allow this.

Does PaxForex allow hedging?

Yes, PaxForex does allow hedging.

Can you trade energies with PaxForex?

No, unfortunately you cannot trade energy stock with PaxForex

Can you trade agricultural shares with PaxForex?

No, unfortunately you cannot trade agricultural stock with PaxForex

Can you trade cryptocurrency with PaxForex?

Yes, you can trade cryptocurrency with PaxForex

Can you trade metals with PaxForex?

Yes, you can trade metals with PaxForex

Can you trade UK Shares with PaxForex?

No, unfortunately you cannot trade UK shares with PaxForex

Can you trade US Shares with PaxForex?

Yes, you can trade US shares with PaxForex

Can you trade Japanese Shares with PaxForex?

No, unfortunately you cannot trade Japanese shares with PaxForex

Can you trade German Shares with PaxForex?

No, unfortunately you cannot trade German shares with PaxForex

Does PaxForex accept bank transfers?

Yes, PaxForex accepts bank transfers for depositing money.

Does PaxForex accept credit cards?

Yes, PaxForex accepts credit cards for depositing money.

Does PaxForex accept PayPal?

No, PaxForex does not accept PayPal.

Does PaxForex accept Skrill?

Yes, PaxForex accepts Skrill for depositing money.

Does PaxForex accept Payoneer?

No, PaxForex does not accept Payoneer.

Does PaxForex accept Neteller?

Yes, PaxForex accepts Neteller for depositing money.

Does PaxForex offer Live Chat customer support?

Yes, PaxForex offers customer support through live chat.

Does PaxForex offer phone customer support?

Yes, PaxForex offers customer support over the telephone.

Does PaxForex offer email customer support?

Yes, PaxForex offers customer support through email.

What languages can PaxForex communicate in?

PaxForex has the ability to communicate and support customers who speak: English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

Does PaxForex have a wikipedia page?

No, PaxForex does not have an official wikipedia page.

Does PaxForex offer demo accounts?

Yes, PaxForex offers virtual portfolio accounts so you can test your trading strategies before risking any real money. Newbie traders can open a demo account in order to better understand the areas of Forex trading and test out some of the company’s features before signing up for a live account.