PaxForex Broker Review

This page will take a closer look at Pax Forex broker. PaxForex broker is one of the most special forex brokers because in this broker, there is no news about MetaTrader, and pax forex has introduced its attractive and exclusive platform.

 

PaxForex points
PaxForex 86%
logo PaxForex Broker Review
Broker namePaxForex
Established year2011
Spread ratemedium
Central officeSaint Vincent
Minimum deposit$ 10
The easiest way to deposit and withdraw Digital currencies, Perfect Money and ...

Cent Account

Copy Trading

Spread Reduction Trick

Islamic Account

Regulator

Permission To Trade Scalping

Forex Pax Broker Credit

Forex Pax Broker Credit

PaxForex or Pax Forex broker, despite not having a robust regulator but with a relatively high track record and high customer satisfaction, can be considered a safe and acceptable broker. Having peace of mind about the broker’s credit can be decisive in choosing a broker, so you will not have any worries in Paxfarx broker.

Is Pax Forex Broker Regulated?

Pax Forex Broker is only registered with St. Vincent and the Grenadines and does not have a potent regulator. Nevertheless, we consider Pax Forex Broker to be highly reliable.

Where is Pax Forex Broker Headquarters?

Pax Forex Broker is headquartered in St. Vincent.

What is the history of Pax Forex Broker?

What is the history of Pax Forex Broker?

PaxForex Broker was established in 2011 and has more than ten years of service history. During this time, there have been no specific complaints against Forex Broker.

Table of introduction and comparison of types of accounts in PaxForex broker

Table of introduction and comparison of types of accounts in PaxForex broker

Profile / account name VIPStandard MiniCent
Minimum deposit for opening $ 10000 $ 2000 $ 100 $ 10
Maximum leverage 1: 500 1: 500 1: 500 1: 500
SpreadsStarting from 0.4 Starting from 0.4 Starting from 1.4 Starting from 2.4
Ability to trade currency pairs YesYesYesYes
Ability to trade stocks and indices YesYesNoNo
Possibility of digital currency trading YesYesYesYes
Commission

0000
Permission to use Expert
YesYesYesYes
Scalp permission YesYesYesYes

As you can see in the table above, Pax Forex Broker offers four types of trading accounts to its clients and traders, and in fact, this broker has performed well in terms of the variety of trading accounts. In the following, we will examine the types of accounts in Pax Forex broker in more detail.

Opening a Cent Account at Pax Forex Broker

The minimum deposit to open a traditional account at PaxForex Broker is ten dollars, which is a minimal amount. This account is suitable for people just starting to trade with a real account.
The commission of this account is zero, and its spread starts from 2.4 pips. The maximum leverage that can be used in this account is one to five hundred.

 

Opening a Cent Account at Pax Forex Broker

Open a Mini account in paxforex broker.

You can open a mini account in Pax Forex Broker with a deposit of at least $ 100; this account has no commission, and its spread starts from 1.4 pips.
The maximum leverage that can be used in this account is one to five hundred.

 

 

 

Open a Mini account in paxforex broker.

Open a Standard account at PaxForex Broker.

To open a standard account in Pax Forex Broker, you need to deposit at least two thousand dollars. The spread of this account starts from the fourteenth pip, and the broker does not receive a commission from traders for transactions. The maximum leverage traders can use in this account is one to five hundred.

Open a Standard account at PaxForex Broker.

Opening a VIP account in Pax Forex Broker

The minimum deposit for opening a VIP account in Pax Forex Broker is ten thousand dollars.
This account has no commission, and its spread starts from four-tenths of a pip, and traders can use maximum leverage of one to five hundred by opening this account.

Pax Forex broker spread rate.

The spread rate in Pax Forex broker is average compared to other brokers, starting from the lowest amount of four-tenths of a pip in standard and VIP accounts to the highest amount in a traditional version of 2.4 pips.
In the image opposite, you can see the spreads of this broker.

placeholder PaxForex Broker Review
Islamic Account of Pax Forex Broker

Islamic Account of Pax Forex Broker

Unfortunately, in Pax Forex broker, traders can’t use Islamic or duplicate accounts without swaps or overnight interest. Although the name of the Islamic history is mentioned on the broker’s website, Pax Forex support told us that Islamic account services are unavailable.

How Much Money Can a Real or Pax Forex Brokerage Account Open?

How Much Money Can a Real or Pax Forex Brokerage Account Open?

The minimum deposit to open a real account in Pax Forex broker is ten dollars. In fact, with a promise of ten dollars, you can open a traditional version with this broker. To open a mini account with this broker, you must deposit at least $ 100 into your account.

Deposits and withdrawals in Forex Pax Broker

Deposits and withdrawals in Forex Pax Broker

What documents are required to authenticate and open an account with Pax Forex Broker?

What documents are required to authenticate and open an account with Pax Forex Broker?

To register and verify your identity with PaxForex Broker, you need a set of information such as mobile number, email, color copy of ID, or a proof of residence such as water and electricity bills for the past three months, from within your user account to support this Send a broker.

 

Trading and trading assets in PaxForex broker

Trading and trading assets in PaxForex broker

Forex Pax Broker offers the trading ability to more than sixty types of trading symbols to its users and traders, including Forex currency pairs, digital currencies, and ………
The number of world-famous stocks available for trading on Robofarx is enormous. You can use the following eight trading groups to trade:
Forex, Stocks, Indices, ETFs, Soft Commodities, Energies, Metals, Cryptocurrencies

Forex Pax Broker Trading Platforms

Forex Pax Broker Trading Platforms

Pax Forex broker trading services are provided only through the Allpips trading platform.
Previously, the possibility of using MetaTrader 4 software was active for traders, but now PaxForex broker has stopped using this software for users.
You do not need any other software as soon as you open your Allpips account.
Image of all pips software that is available on Pax Forex site platform

MetaTrader 4

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ios
metatrader4 windows PaxForex Broker Review
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metatrader4 android PaxForex Broker Review
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Copy-trading in Forex Pax Broker

Copy-trading in Forex Pax Broker

One of the great features of Pax Forex Broker is that it has a copy trading system.
Copy-trading allows everyone to profit from the market, and also professional traders, with the help of this system, can have a multiplier income from the Forex market.
For more information, you can click on the link below to enter the article related to copy trading on the Dartina site or contact us through the site communication channels.

Is Pax Forex Broker a scammer?

So far, we have not received any specific report of any security problems or scams of Pax Forex broker. If we receive a message regarding such issues, we will inform you of the 800 sites.

Advantages-Disadvantages-paxforex-Broker

Benefits of Pax Forex Broker

Disadvantages of Pax Forex Broker

register in Forex Pax Broker

First, enter the Forex Broker site through the following link.