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.
| Broker name | PaxForex |
| Established year | 2011 |
| Spread rate | medium |
| Central office | Saint Vincent |
| Minimum deposit | $ 10 |
| The easiest way to deposit and withdraw | Digital currencies, Perfect Money and ... |
- Summary table of paxforex broker reviews
Cent Account
Copy Trading
Spread Reduction Trick
Islamic Account
Regulator
Permission To Trade Scalping
What you will read on the PaxForex broker page:
- Paxforex broker review video
- Paxforex broker credit
- Where is paxforex Brokerage Headquarters?
- Paxforex broker history
- Table of introduction and comparison of types of accounts in paxforex broker
- The spread rate in paxforex broker
- Islamic account in paxforex broker
- Deposit and withdrawal at paxforex brokerage
- Paxforex broker bonuses
- Necessary documents for identification
- Paxforex broker trading platforms
- Copy of paxforex broker trading
- Advantages and disadvantages of paxforex broker
- How to register in paxforex broker with image
PaxForex Broker Registration Tutorial
The pdf file below explains how to register with Pax Forex Broker. Click on the image below to download.
PaxForex Broker Registration Tutorial
Which countries have the most Pax Forex broker clients?
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?
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
| Profile / account name | VIP | Standard | Mini | Cent |
|---|---|---|---|---|
| Minimum deposit for opening | $ 10000 | $ 2000 | $ 100 | $ 10 |
| Maximum leverage | 1: 500 | 1: 500 | 1: 500 | 1: 500 |
| Spreads | Starting from 0.4 | Starting from 0.4 | Starting from 1.4 | Starting from 2.4 |
| Ability to trade currency pairs | Yes | Yes | Yes | Yes |
| Ability to trade stocks and indices | Yes | Yes | No | No |
| Possibility of digital currency trading | Yes | Yes | Yes | Yes |
| Commission | 0 | 0 | 0 | 0 |
| Permission to use Expert | Yes | Yes | Yes | Yes |
| Scalp permission | Yes | Yes | Yes | Yes |
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.
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 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.
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.
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?
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
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
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
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
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.
Benefits of Pax Forex Broker
- Having a trading copy system
- Having a dedicated Allpips platform
Disadvantages of Pax Forex Broker
- No deposit and withdrawal in Rials
- Lack of MetaTrader platform
- Lack of strong regulation
register in Forex Pax Broker
First, enter the Forex Broker site through the following link.
