freetrade vs PaxForex, Who's Better?
Read our In-Depth freetrade vs PaxForex Review - Updated for 2025
Our freetrade vs PaxForex review has been revised to reflect any changes for 2025 by seasoned professionals boasting significant financial experience in CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs PaxForex does not apply to all countries as follows:
freetrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and Afghanistan.
PaxForex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs PaxForex
Each platforms for online trading will have certain pros and cons, and any comprehensive freetrade and PaxForex review cannnot be regarded as thorough without adopting a fair assessment.
Examine freetrade and PaxForex in order to understand the way these platforms line up with each other prior to you decide to make an account. Conducting a comprehensive comparison helps to bring aspects in perspective so that you're aware of what to expect.
So you are looking for a broker and are choosing between freetrade or PaxForex. Who should you choose?
This freetrade vs PaxForex comparison contains the latest information so you can easily compare PaxForex against freetrade.
If you're a new entrant in the world of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading demands expert analyzing skills and comprehensive knowledge. You'll acquire adept at all of the concepts of broker as you keep trading. For starters, you have to choose the right agent who'll be transparent with you always.
In this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. freetrade and PaxForex are just two such trading platforms which will take you along with your investment to great heights. It's important to compare freetrade vs PaxForex until you trust them with your money.
Our freetrade vs PaxForex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and PaxForex side by side.
Our full freetrade vs PaxForex Review covers all you need to know about trading using either freetrade or PaxForex. A good broker can multiply your initial investments and provide you favorable profits. If you want to make profits, you should trade with a broker service that contrasts with your investment objectives.
There is no sure-fire method to ensure profits; thus, you must carefully assess your agent before you select them. It's a common misconception that all brokers are the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.
freetrade and PaxForex are both brokers which have paved their way successfully into the brokerage world. In this review, we've attempted to collate a number of the important aspects of both freetrade and PaxForex. This review will help you to know whether either PaxForex or freetrade is a good match for your own investments or not. We have tried to breakdown all the features and fees for your convenience.
Benefits of freetrade and PaxForex Compared
freetrade offers a minimum deposit of $0 while PaxForex has a $10 minimum deposit.
Why smaller minimum deposits are good and how freetrade 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.
freetrade allows you to trade around 115 financial instruments while PaxForex has around 115 available.
The more instruments you can trade on the freetrade and PaxForex 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 freetrade or PaxForex.
freetrade and PaxForex Contact Details
Being able to contact an online trading platform simply is a sign of a professional broker. freetrade and PaxForex have the following contact details and social medias that you can use.
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Broker | freetrade | PaxForex |
Telephone Number | +44 203 488 2539 | +44 844 507 0446 |
hello@freetrade.io | info@paxforex.org | |
Address | 68 Hanbury St, London, Greater London E1 5JL, GB | 16 St Georges St, Douglas, Douglas IM1 1JD |
freetrade Twitter Account | PaxForex Twitter Account | |
freetrade Facebook Page | PaxForex Facebook Page | |
freetrade Instagram Account | PaxForex Instagram Account | |
freetrade LinkedIn Page | PaxForex LinkedIn Page | |
YouTube | freetrade YouTube Channel | PaxForex YouTube Channel |
Find Out More |
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PaxForex and freetrade 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 freetrade and PaxForex we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin 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?
freetrade vs PaxForex - Awards
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Broker | freetrade | PaxForex |
Awards |
freetrade have won numerous industry awards over the years they have been operating as an online trading platform. We detail the most recognised awards for freetrade below.
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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 |
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freetrade vs PaxForex - Frequently Asked Questions
freetrade vs PaxForex - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
PaxForex was founded in 2011 and has its headquaters in Saint Vincent and the Grenadines.
What is the minimum deposit for PaxForex or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for PaxForex is $10.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both freetrade and PaxForex are a good choice.
freetrade vs PaxForex - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
PaxForex is regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825.
Both freetrade and PaxForex have a strong collection of rules for ensuring fair trading on their individual platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
As per their individual privacy policies, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare freetrade vs PaxForex Commission And Fees
freetrade and PaxForex are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled better. In other words, an online broker isn't necessarily affected by the amount of clients they have.
However, this does not mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are primarily 3 types of penalties for this objective.
The first sort of fees to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're charged trading fees. In such cases, you're paying a spread, funding rate, or even a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight rates are those who are billed when you hold a leveraged position for longer than a day.
Apart from trading charges, online agents also bill non-trading fees. These are dependent on the actions you undertake in your account. They are billed for operations like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither freetrade or PaxForex charge high fees in comparison to other online brokers. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for those who regularly exchange, for example daily or weekly trading.
However, non-trading fees billed by freetrade and PaxForex are comparatively competitive. As a result, you're billed more for non-trading activities in your trading accounts, like deposits and withdrawal. These are not about the sale and purchase of assets.
This freetrade vs PaxForex review for 2025 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For freetrade And PaxForex
What Languages Do freetrade And PaxForex Support?
Being able to communicate easily with your online platform is a key part of comparing trading platforms to find the best trading partner. Not only for support but to be sure you understand everything on their site and inside their application as it is a key part of success when trading online.
Here you will find all the languages that both freetrade and PaxForex support.
How Many Clients Do freetrade and PaxForex Have?
Both freetrade and PaxForex are well established with their customer base. It is really important to work with a broker that is reputable and one of the most simple ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many customers freetrade and PaxForex have
What Payment Methods Do freetrade and PaxForex Accept?
freetrade 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 freetrade and PaxForex
What Can You Trade With freetrade and PaxForex?
freetrade offers 115 trading instruments and PaxForex offers 188.
Below you will find a full breakdown of what both freetrade and PaxForex offer.
freetrade Review
freetrade vs PaxForex:
Table Of Contents
- Compare freetrade vs PaxForex
- Benefits of freetrade and PaxForex Compared
- PaxForex and freetrade Mobile App Comparison
- freetrade vs PaxForex - Awards
- freetrade vs PaxForex - Frequently Asked Questions
- What is the minimum deposit for PaxForex or freetrade
- freetrade vs PaxForex - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And PaxForex
- What Languages Do freetrade And PaxForex Support?
- How Many Clients Do freetrade and PaxForex Have?
- What Payment Methods Do freetrade and PaxForex Accept?
- What Can You Trade With freetrade and PaxForex?