easyMarkets vs PaxForex, for 2022
Read our In-Depth easyMarkets vs PaxForex Review - Updated for 2022
This easyMarkets vs PaxForex review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this easyMarkets vs PaxForex review does not apply to all countries as follows:
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
PaxForex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs PaxForex
Every online trading platform will have a few ups and downs, and no easyMarkets and PaxForex review would be complete without showing both sides. Compare easyMarkets and PaxForex to understand how they stack up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a reputable broker and are choosing between easyMarkets or PaxForex. Who should you choose?
Our easyMarkets vs PaxForex comparison contains the latest information so you can easily compare PaxForex against easyMarkets.
If you are a new entrant in the world of trading and brokers, so many facts will be confusing for you. Getting into the area of trading demands expert assessing skills and thorough understanding. You'll get adept at all of the concepts of broker since you keep trading. For starters, you have to select the ideal broker who will be clear with you always.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. easyMarkets and PaxForex are two such companies which will take you along with your investment to great heights. It is important to compare easyMarkets vs PaxForex before you trust them with your cash.
Our easyMarkets vs PaxForex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and PaxForex side by side.
Our full easyMarkets vs PaxForex Review covers all you need to learn about trading with either easyMarkets or PaxForex. A fantastic agent can multiply your first investments and give you favorable profits. If you would like to make profits, you must trade with a broker service that aligns with your investing objectives.
There is no sure-fire method to guarantee profits; thus, you must carefully assess your agent before you select them. It's a frequent misconception that all brokers will be the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
easyMarkets and PaxForex are both brokers which have paved their way successfully to the broker world. In this review, we have tried to collate a number of the important aspects of both easyMarkets and PaxForex. This review can allow you to know whether either PaxForex or easyMarkets is a good match for your own investments or not. We've tried to breakdown all the qualities and fees for your convenience.
Benefits of easyMarkets and PaxForex Compared
easyMarkets offers a minimum deposit of $100 while PaxForex offers a $10 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and PaxForex compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
easyMarkets has around 200 financial instruments whilst PaxForex allows you to trade around 200 on their platform.
The more instruments you can trade on the easyMarkets and PaxForex trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of easyMarkets or PaxForex.
easyMarkets and PaxForex Contact Details
Being able to contact an online trading platform easily is important. easyMarkets and PaxForex have the following contact details and social medias that you can use.
|Telephone Number||+357 25 828 899||+44 844 507 0446|
|Address||1 Griva Digheni, Limassol, Limassol 3035, CY||16 St Georges St, Douglas, Douglas IM1 1JD|
|easyMarkets Twitter Account||PaxForex Twitter Account|
|easyMarkets Facebook Page||PaxForex Facebook Page|
|easyMarkets Instagram Account||PaxForex Instagram Account|
|easyMarkets LinkedIn Page||PaxForex LinkedIn Page|
|YouTube||easyMarkets YouTube Channel||PaxForex YouTube Channel|
|Find Out More||
PaxForex and easyMarkets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing easyMarkets and PaxForex will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
easyMarkets vs PaxForex - Awards
easyMarkets have won many industry awards over the time they have been operating as an online broker. We show the most recognised awards for easyMarkets here.
|At the time of writing this PaxForex review, and despite PaxForex’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
easyMarkets vs PaxForex - Frequently Asked Questions
easyMarkets vs PaxForex - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its headquaters in Cyprus, Australia.
PaxForex was founded in 2011 and has its head office in Saint Vincent and the Grenadines.
What is the minimum deposit for PaxForex or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for PaxForex is $10.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both easyMarkets and PaxForex are a good choice.
easyMarkets vs PaxForex - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
PaxForex is regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825.
Both easyMarkets and PaxForex have a powerful set of rules for ensuring honest trading onto their own platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their individual privacy policies, client data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare easyMarkets vs PaxForex Commission And Fees
easyMarkets and PaxForex are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. That is, an online broker is not necessarily influenced by the number of clients they have.
However, this does not mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are mainly 3 types of penalties for this purpose.
The first sort of fees to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are billed trading charges. In such instances, you're paying a spread, financing rate, or even a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are those who are charged when you maintain a leveraged position for more than a day.
Aside from trading charges, online agents also bill non-trading fees. These are determined by the actions you undertake in your account. They are billed for operations like depositing money, not trading for long periods, or withdrawals.
In general, neither easyMarkets or PaxForex charge high fees compared to other online agents. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for people who regularly trade, such as weekly or daily trading.
However, non-trading fees billed by easyMarkets and PaxForex are comparatively competitive. Consequently, you're billed more for non-trading actions in your trading account, like deposits and withdrawal. These aren't related to the purchase and sale of assets.
This easyMarkets vs PaxForex review for 2022 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For easyMarkets And PaxForex
What Languages Do easyMarkets And PaxForex Support?
Being able to chat completely with your trading platform is a key element when comparing online brokers to find your perfect broker. Not only for support but to be sure you completely understand everything on their website and inside their app as it is a key part of success when trading online.
Here you can find the languages that both easyMarkets and PaxForex offer communication in.
How Many Clients Do easyMarkets and PaxForex Have?
Both easyMarkets and PaxForex are well known and trusted. It is important to work with a broker that is reputable and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many customers easyMarkets and PaxForex are active on their platform
What Payment Methods Do easyMarkets and PaxForex Accept?
easyMarkets and PaxForex both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at easyMarkets and PaxForex
What Can You Trade With easyMarkets and PaxForex?
easyMarkets offers 200 trading instruments whilst PaxForex offers 188.
Below you will find a full breakdown of what both easyMarkets and PaxForex offer.
Compare easyMarkets To All Other Brokers
Compare PaxForex To All Other Brokers
easyMarkets vs PaxForex:
Table Of Contents
- Compare easyMarkets vs PaxForex
- Benefits of easyMarkets and PaxForex Compared
- PaxForex and easyMarkets Mobile App Comparison
- easyMarkets vs PaxForex - Awards
- easyMarkets vs PaxForex - Frequently Asked Questions
- What is the minimum deposit for PaxForex or easyMarkets
- easyMarkets vs PaxForex - Regulation And Licencing In More Detail
- Compare Broker Fees For easyMarkets And PaxForex
- What Languages Do easyMarkets And PaxForex Support?
- How Many Clients Do easyMarkets and PaxForex Have?
- What Payment Methods Do easyMarkets and PaxForex Accept?
- What Can You Trade With easyMarkets and PaxForex?