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PaxForex Broker: Reviews and Specifications

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PaxForex Discussion

  • Website: paxforex.org
  • Founded: 2011
  • Headquarter: 1825, Cedar Hill Crest, Villa, Kingstown, St. Vincent and Grenadines
  • Regulation: no

International offices –
Broker Type Market maker
Broker Status Independent Broker
Accept U.S Clients No
Phone +44 2035040303
Email [email protected]
Website Languages Arabic, Chinese, English, Thai

 

Account Information

Free Demo Account Yes
Min. Deposit $10
ECN account No
Account Currencies USD, EUR, GBP
Maximum Leverage 500:1
Minimal Order Volume 0.01
Segregated accounts No
Swap-free Accounts Yes
MAM/PAMM accounts MAM
Managed account No
Interest on margin No
Deposit/ Withdraw Options WebMoney • Skrill • Perfect Money • Neteller • Bank Wire • Visa/ Mastercard • QIWI Wallet • Fasapay

 

Trading Terms

 

Trading Platforms MetaTrader 4
Precision pricing 5 digits
Type of Spread Floating
Commission no
Lowest spread on EURUSD  0.4 – 2.4
Scalping Scalping allowed
Hedging Hedging allowed
Expert Advisors Yes
Mobile Trading Yes
Web Trading No
Gold, Silver Gold • Silver
CFDs Yes
Cryptocurrency Trading No
Other Trading Instruments Stocks • Options • Metals
Promotion & Contest Yes PaxForex Bonus

Reader Interactions

Comments

  1. Abdelaal says

    May 23, 2017 at 2:11 am

    I have a live micro account with Paxforex since almost 1 year, support is first class, even if you just deposit 10 dollar they treat you with the same respect as someone depositing hundreds thousands, I never had a single re-quote or any other messaged of platforms freezing up never. The Paxforex website Have excellent information for traders. They really let you trade as you want even news, have access to expert advisors, hedging, and scalping. There is no stop hunting or stuff like that. Also I like their leverage 1:500 it make me make a good profit Also Paxforex are kept a money within European banks, so it is very safe. In withdrawal and deposit I give them number one in execution. I have been through many brokers and what I have seen I believe they are among the best out there and I never had a problem with Paxforex. Because they has good quality services and trading tools. Also Paxforex have a very good educational trading materials which help me know many secret key of trading. And learn many analytical method which I use perfectly now. Bonuses also great and contests. I win form Paxforex contents and use their deposit bonus which make me increase my funds and my profit. Also there is no restrictions on withdrawal when i use the bonus or win in contents. I prepare to open a new standard or vip account in few days to use the lowest spread 0.3 I think it will make a big difference in my profit. I have a big sense I will be reach with Paxforex. For that I will be with Paxforex. And pray god to all of you a big profit in your trading.

    Reply
  2. Vladyslav Barskyie says

    May 18, 2017 at 12:37 am

    Hello, My name is Vladyslav Barskyi , I have been introduced to Paxforex broker by my friend , I am trading forex for over than three years , one year from them with Paxforex for now , I started on mini account with just 500 $ to test their service , the website design looks good , and the website map makes everything easy to be found , before I deposit I had to verify the documents first , their accounting team approved the documents after I uploaded it in less than one hour which is really perfect , like any other broker they have a lot of methods to do your deposit with like debit or credit cards , wire transfer , a lot of E-wallets like union pay and Neteller and Okpay ETC… but the advantage that I found their if your deposit higher than 300$ they recover the deposit fees , most of the time this fees can be 25-50 depending on the amount you deposited with and the deposit method as well , yes its small amounts but in forex market even one dollar counts , this will guarantee to you to get into your account the exact amount you deposited not less , and that’s fair enough and I like this transparency in dealing with clients , In forex market we all are searching for the best spread to minimize the cost of each trade we open , With Paxforex I found that and more , they have really competitive spreads , and that’s all you need beside the swap to be paid for the trade , no hidden fees no extra commissions for each trade , nothing , when I saw this I said that’s the type of broker I want to deal with , as I was paying a lot of commissions for each trade I open with my previous broker , about their servers and order execution was really fast and no delays at all , which will assure to you to get the entry rate you chose for sure , paxforex is a broker for all types of traders , starting from cent account with 10$ and even VIP accounts for more than 10,000$ , allowing scalping and internal hedging and even automated trades by your EA , no hidden restrictions , all clear in the terms and conditions , I really made good profits with paxforex and still doing and will keep doing , that’s a broker for a life time not just for one month or one week , in case you had any problems with passwords or any questions , their live chat and support around 24/5 to answer these questions in a professional way , their account managers follow up with you all the time if you had any problems , guiding you with their efficient manor , one of their good advantages also their technical analysis that they provide it daily on emails to all their clients no matter what was your account type , and it’s really successful trades and comes in time ,and when it comes to the withdrawal process , I didn’t see such easier or faster way than their , you just submit your request whatever will be the withdrawal method it will be approved within one hour and sent back to you , I feel sorry for those people who is not trading with Paxforex yet , I want to tell them that you are wasting your time with someone else , Paxforex is my recommendation for all of you and will always be my number one , I wish them all success and growing more and more

    Reply
  3. Svitlana ILLimitata says

    May 11, 2017 at 3:36 pm

    Hello , I want to share my trading result with paxforex broker , I have been trading forex for more than 7 years , but with paxforex i found something different , no one can deny that paxforex is a very good broker as it’s in the market since 2011 till now , if it wasn’t good it was never going to last in the market all that time , the first thing that made me comfortable while trading with paxforex is that they are real ECN and STP not market maker or dealing desk , so i wasn’t worry that they will be trading against me to get more money , they get their commission only from the spread you pay when you open a trade and the swap , and their spreads area really competitive , as for me when I was trading on standard account eur/usd spread most of the time on 0.5-0.9 except the news time , i don’t trade the news as its risky so for me that spread was more than enough in order not to lose any fees on the trades , other thing . they don’t take commission at all when you open trades like other companies do , very good support team and account managers who provide the best service ever , i can find them on the live chat and emails 24/5 any time i needed them they reply , one of the good things also they provide daily signals and analysis for the market directly to your email to make you aware about everything going , I use their signals beside my trades and seriously its all the time winning trades , thanks again for their analyzing team , even their bonus not like any bonus in any other company , they provide 100% of bonus if you deposited more than 1200$ on monthly bases , which means each month you get part from that bonus , and it’s not blocking your account from withdrawal at all , easily I send email to their accounting team to deduct the bonus to withdraw some of my funds and then they add it back , in the end I really wish them all success and to continue working forever .

    Reply
  4. kallazi says

    March 8, 2017 at 1:43 am

    For any beginner who wish to earn some handfull of money through forex trading , then I suggest you to have a try with paxforex broker. Here you can earn money wihout any investment from your pockets, that is by availing no deposit bonus programmes. The Leverage is also 1:500 , which means your profits are maximised. There are no commissions while withdrawl or deposits. The spreads are too low when compared with the other forex brokers. Hence i recommend everyone with this broker to trade with.

    Reply
  5. Bilal Hussain says

    December 30, 2016 at 11:46 am

    Paxforex is one of the brokers out there, great spreads, instant executions and excellent quality of customer support.

    Reply
  6. Andrei RUSSIA says

    February 14, 2016 at 5:55 pm

    PaxForex company provides quality service in terms of online trading in the Forex market, it should be noted that the slippage is virtually no, in addition, the company does not align to the spread passing it through a filter that directly tells what servers are connected to a single information system. Yes, I took the welcome bonus of $ 7, broke up for six months it 10 times, however, did not have the patience to engage in a policy to the set of all lots and all condition. Working with other companies, and dealing centers, you come to the conclusion that the company is PaxForex provides good service, and good not so much today in the market of granting of services. If PaxForex, is pursuing an independent policy in the part of Your Deposit, on the market some companies, and dealing centers, pursue a policy of “extraction” of the Deposit, applying the time delays are not in Your favor, and if the market falls, Your trade will not close in positive territory. Just for Your terminal server will not send a valid status quotes market, aligning spread. You probably never thought what kind of information do You provide this or that company or broker, in terms of quotes? However, only timely, truthful and impartial information can lead You to success, and provides the company PaxForex!

    With respect!

    Andrei RUSSIA

    Reply
  7. Alex says

    February 1, 2016 at 11:48 pm

    Good evening all, PaxForex is very high quality and convenient services, like online support and promotions they provide to their customers a lot options of Deposit and withdrawal minimum. In General I think it is the most reliable service, at least I was happy with everything.

    Reply
  8. elves velozo says

    October 22, 2015 at 3:15 am

    I come here to warn you about the Paxforex.
    excellent broker, first service.
    very good work, and even of a bonus of $ 7 no deposit.
    I indicate to all who are starting in the forex market!

    Reply
    • Alex says

      February 3, 2016 at 8:13 pm

      Good evening everyone, PaxForex very high quality and convenient services, like online support and promotions that they provide to their customers a lot of options for the deposit and withdrawal of funds with minimum percentage. Actually, I think this is the most reliable service, at least I was happy with everything.

      Reply
  9. Paavelson says

    August 31, 2015 at 11:22 am

    So far the best broker ever with low spread what i really like. deposit and witrawal is in one day only. i can live with that.. ofcourse follow theyr analyse very accurate.

    Reply
  10. Arunsathish says

    May 28, 2015 at 3:30 pm

    I trading with paxforex broker and you offer me a nice spreads good bonuses and MT4 Platform.I like this MT4 very much.I have trade and experience that they are offering nice services and they are honest in paying.

    Reply
  11. Helmi M says

    May 25, 2015 at 3:20 pm

    Helo,
    PaxForex have conditions have excellent speed, good support and customer service respons.
    and i’m so very happy trading with this broker 🙂
    Please feel himself the sensation of speed this broker 🙂

    Helmi M

    Reply
  12. Aamal Hossain says

    May 22, 2015 at 6:04 pm

    I have opened no deposit bonus account with PaxForex and I am very much happy to trading with it .Now i have a real mini account which i open by using my profit from bonus. Without their customer support it was not possible. Their overall features is very fast and professional customer support. they have no re-quotes which is a positive as most my trades are executes fast and without issues. Without any issues anyone can trust paxforex because they have ability to defend all broker.

    Reply
  13. Wow12 says

    March 20, 2015 at 10:42 am

    Pax Forex is a great place to start your learning skills and develop your skills as a professional. Pax Forex will help you in any way as beginner or professional to start your forex career by helping you give a deposit bonus or a no deposit bonus.

    Reply
  14. insipiring sensation says

    March 18, 2015 at 8:34 am

    Pax Forex is a great place to trade offering you great variety of different real live trading accounts, variety of bonuses, high leverage 1:500, and offering great customer support answering all your problems with a great solution.

    Reply
  15. hadi feizi says

    March 16, 2015 at 10:03 pm

    PaxForex has best broker United Kingdom
    PaxForex support is excellent, Spread at an acceptable level. PaxForex haved the best Fundamental analysis very interesting
    you are can for test use of welcome bonus for start
    Thank you PaxForex 🙂

    Reply
  16. chozin says

    February 18, 2015 at 1:30 pm

    For me paxforex is the best, they provide all what the trader need especially for the beginer with fast execution, response and clear guidance. Thank you paxforex….

    Reply
  17. Ani says

    February 18, 2015 at 9:24 am

    My name is Ani, I am very happy to trade with PaxForex. My experience of trading in a very satisfactory PaxForex. Execution is very fast and does not jam even just a few seconds. spread only about 0.2 to 0.3 pips. Very few of commission. with the support of friendly service. The withdrawals and deposit are rapidly. I would really find it helpful.
    Thank’s to PaxForex

    Reply
  18. CECEP AHMAD says

    February 17, 2015 at 6:28 pm

    I trade currency pair only in PaxForex. In my spare time I play checkmates. it;s past and good execution

    Reply
  19. SRI YATUN says

    February 17, 2015 at 2:30 pm

    I am very happy to trade with PaxForex
    Execution is very fast and does not jam even just a few seconds
    spread only about 0.2 to 0.3 pips
    with the support of friendly service
    I would really find it helpful

    Reply
  20. ahmed hamada says

    February 17, 2015 at 7:45 am

    Bruker you are very cool and execute deals quickly instantaneous
    Very few of commission
    The withdrawals and deposit are rapidly
    I hope that if you issue Visa Card Specials Welcome to withdraw

    Reply
  21. adoui says

    February 17, 2015 at 7:01 am

    am very happy with this broker because they offer a welcome bonus for us so that we can know and find more information about the broker to broker a member in here without having to pay a deposit first, and the excess of the broker that I think is very good at Minimum Order is to issue volume is very small so the welcome bonus that we get can we use to open multiple positions in the broker’s

    Reply
  22. ALF PRIMA ARSAYLAN says

    February 16, 2015 at 7:29 pm

    My experience of trading in a very satisfactory PaxForex
    spread only 0.2
    execution only a few seconds
    and the quality of CS were very friendly support
    I am certainly very satisfied

    Reply
  23. Zoran says

    January 14, 2014 at 6:02 pm

    I lost 7$ no deposit bonus, but PaxForex is giving me another 5$ chance to set things right.

    This time i’m gonna try harder to earn some profit 🙂

    I’m satisfied with their fast execution, low spread and serviceable customer service.

    Reply
  24. fathima safeena says

    January 7, 2014 at 11:47 am

    Best opportunity to Beginner to start trading without risk own money. also great customer service.and best thing only fill 1.5 lots to withdraw from bonus

    Reply
  25. Ashish says

    July 9, 2013 at 1:46 am

    There is a welcome bonus which you can use for trading without bonus, moreover you can withdraw the profits after making enough lots o trades, what can be a better offer than this for a newbie trader who wants free money to start trading.

    Also they have very simple and easy to understand client’s area, and that makes it very standard platform for traders to hold their funds, but since they are not regulated so i think that could make a huge difference here.

    Reply
    • Faridul Islam says

      July 20, 2015 at 5:26 pm

      Actually, I did not have enough money to start my live trading. Then, I used high trading leverage facility from PaxForex trading broker. Actually, not only this high leverage facility but also all kind of advance trading facilities that I have been getting from this reliable broker. Even, they are allowing every kind of trading system so I get full of freedom for my live trading.

      Reply
  26. zebrut says

    November 27, 2012 at 5:54 am

    I am very happy with this broker because they offer a welcome bonus for us so that we can know and find more information about the broker to broker a member in here without having to pay a deposit first, and the excess of the broker that I think is very good at Minimum Order is to issue volume is very small so the welcome bonus that we get can we use to open multiple positions in the broker’s

    Reply

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