easyMarkets vs PaxForex, Who's The Best?
Read our In-Depth easyMarkets vs PaxForex Review - Updated for 2024
This comprehensive analysis of easyMarkets and PaxForex has been updated for 2024 from seasoned professionals with considerable financial experience across Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of easyMarkets vs PaxForex 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
All platforms for online trading has some pros and cons, so any comprehensive easyMarkets and PaxForex review would not be complete without having a fair assessment.
Assess easyMarkets and PaxForex in order to understand just how they compare against each other before you decide to open an account. Conducting a comprehensive comparison can place factors in perspective to ensure that you are informed about what you should anticipate.
So you are looking for an online trading platform and are choosing between easyMarkets or PaxForex. Who should you choose?
Our easyMarkets vs PaxForex comparison contains the most recent information so you can easily compare PaxForex against easyMarkets.
If you are a new entrant in the realm of trading and brokerages, so many nuances will be perplexing for you. Getting into the world of trading requires expert analyzing skills and comprehensive knowledge. You'll acquire adept at all the concepts of brokerage as you keep trading. For starters, you have to choose the right broker who'll be transparent with you always.
In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. easyMarkets and PaxForex are two such trading platforms which will take you and your investment into great heights. It is important to compare easyMarkets vs PaxForex before you trust them with your money.
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 will need to learn about trading with either easyMarkets or PaxForex. A fantastic agent can multiply your initial investments and give you favorable profits. If you want to earn profits, you should trade with a broker service that aligns with your investment objectives.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully assess your agent before you choose them. It's a common misconception that all agents are exactly the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.
easyMarkets and PaxForex are both brokers that have paved their way successfully to the brokerage world. Within this review, we've tried to collate a number of the vital facets of both easyMarkets and PaxForex. This review will help you to understand whether either PaxForex or easyMarkets is a good match for your investments or not. We have attempted to breakdown all the qualities and charges for your advantage.
Benefits of easyMarkets and PaxForex Compared
easyMarkets offers a minimum deposit of $100 while PaxForex has 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 has around 200 on their platform.
The more financial 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 should 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 a broker easily is a sign of a professional broker. 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
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of easyMarkets and PaxForex we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
While most brokers are good at this, there are some poor ones. 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 several industry awards over the years they have been running as an online broker. We list the most notable 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 head office 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 option.
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 fair trading onto their own platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare easyMarkets vs PaxForex Commission And Fees
easyMarkets and PaxForex are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. In other words, an online broker isn't necessarily influenced by the amount of clients they have.
But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are primarily three different types of penalties for this objective.
The first sort of charges to keep an eye out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In such cases, you're paying a spread, financing speed, or a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread refers to the difference between the buying and selling price. Funding 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 charge non-trading fees. These are determined by the actions you undertake in your account. They're billed for surgeries like depositing money, not trading for lengthy periods, or withdrawals.
In general, neither easyMarkets or PaxForex charge high fees in comparison to other online agents. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for those who regularly exchange, for example weekly or daily trading.
However, non-trading fees billed by easyMarkets and PaxForex are comparatively higher. As a result, you are billed more for non-trading actions on your trading accounts, like deposits and withdrawal. These are not related to the sale and purchase of resources.
This easyMarkets vs PaxForex review for 2024 breaks down each of the relevant non-trading charges 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 online platform is a key way of comparing online brokers to find your perfect trading partner. 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.
Below you will 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 establishing this is by knowing how many customers they already work with.
Below you will find details of how many clients easyMarkets and PaxForex have
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 and PaxForex offers 188.
Below you will find a full breakdown of what both easyMarkets and PaxForex offer.
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?