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PaxForex review

PaxForex


On-line since: 2010
Country of origin: Saint Vincent and the Grenadines
Regulation: CRFIN , KROUFR
Payment options: international wire transfers, WebMoney, Visa and MasterCard, Skrill, Neteller, CashU, OKPAY, Perfect Money.
Minimum account size: $10
Minimum lot size: 0.01 lot
Leverage: 1:500
Spreads: from 0.3 points

About the company:

PaxForex appeared on the forex market in 2010. Two types of order execution, Instant Execution and Market Execution, are available to the broker’s clients. To start trading with PaxForex, market participants only need to open a trading account. They can choose among four different account types: Mini, Standard, VIP or Fix. They also can open a demo account. The company offers its clients the MetaTrader4 trading platform, which provides its users with 25 currency pairs, gold, and silver for trading.
PaxForex constantly updates its services presenting new programs for safe and convenient trading. Traders have access to expert advisors, hedging, and scalping. The company does not limit deal size.
PaxForex also publishes analytical reviews, fresh Forex news, and economic calendars on its website.
The broker’s clients emphasize such advantages as forex trading recommendations, no deposit bonuses, and free online education.
Recently, the company has opened several representative offices all over the world. They are situated in the Asian and European countries as well as in Africa, North and South America.
You can find all necessary information about collaboration with PaxForex on the company’s website.
Don’t hesitate to leave your comments on the company and its services. Together we can make an unbiased rating of Forex brokers.

PaxForex 7/10 (votes 3139)
Author of PaxForex: Vemost | Date 2021-07-15
PaxForex just normal broker. They do offer low spreads and this is what I like most about this broker. But their withdrawal method is very poor. I made a deposit through Neteller, later I withdrew my profit of $600 through a Neteller. About 15 days later they told me that they cannot process my withdrawal request but they did not explain anything about it.. So I am little worry about my withdrawal.
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Author of PaxForex: Nivhol | Date 2021-05-11
I did not expect that PaxForex would be able to provide services that are on par with more popular brokers. I think this broker is underrated. They don't ask for huge initial capitals and they have very narrow spreads. At the same time, their platform runs very smoothly.
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Author of PaxForex: Lintang | Date 2020-12-10
I have nothing to complain about PaxForex. They are a professional broker, as far I know. Since I joined them, I never get a significant problem. Their platform works perfectly, deposit and withdrawal process is efficient. Trading cost is low, and they don't take a hidden commission. Customer support always available and handling nicely. The more I trade with them, the more profit I will get because they are also a profitable broker. I would love to recommend PaxForex to all traders who are looking for a professional and reliable broker.
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Author of PaxForex: Jorri | Date 2020-06-23
This broker is much better than the previous broker. Everything is very detailed at Pax Forex, and has a very well-established system for beginners. At the previous broker I had a hard time, so I had to lose my deposit of $ 3,500. My brother gave a recommendation about Pax Forex. Since 3 weeks ago I joined, and yesterday they processed the withdrawal for only a few hours. Recomended broker.
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Author of PaxForex: Jhonearthon | Date 2020-04-21
PaxForex broker is profitable to me, As I can apply the scalping strategy for their fixed spread and stable server on the MT4 trading platform. Till now I can make $540 profit and get the payment within time. Also, I have found their solid professional signals and high tech trading tools, which helps me too. Nowadays I am using their mobile apps at Home quarantine, which helps me to monitor and maintain my orders anytime. I prefer PaxForex broker, as they fulfill my demands.
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Author of PaxForex: Katock | Date 2020-01-28
PaxForex is the best broker among the ones that I have already tried. This is my third broker and it just has everything that I am looking for. It has a low trading cost, a stable platform (and even a mobile version), and the website is very attractive. It adds to my productivity when I am seeing visually pleasant websites with a good layout. It is calming to the eyes and I can navigate without difficulty.
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Author of PaxForex: Kores | Date 2019-12-13
If you are going to look for a broker to trade, I advise you should try this broker. For me, this is a serious broker, not a scam. Thus, I traded with this broker in last year, and I have had no problem at all. I feel comfortable to trade with Pax Forex, because this broker has a serious customer service relation. My withdrawal appears on my bank account just 2 days after my request. Indeed, Pax Forex is the only broker that offers 2 spreads on USD/YEN. Therefore, it makes me exciting to define a strategy with active trades on it. Besides, I can withdraw or deposit easily. 3 days ago, I earned profit with 450$ when I deposited 300$. Then, I made a withdrawal with my profit, and later I could receive money in a short time – 5 hours.
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Author of PaxForex: Danuarta | Date 2019-09-10
I started with PaxForex about 9 months ago and I am satisfied with this broker. In their trading platform, there are no requotes, perfect execution, trading very successfully. Exactly I began to trade with $555 and I've already withdrawn 3 times. Even last day I made a withdrawal request for $350 from one of my account and the payment was made after 5 hours via Skrill. Professional trader should try this broker.
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Author of PaxForex: Kahleepip | Date 2018-08-01
PaxForex is the second broker that I've tried and I'd say this is a lot better than what I previously used. The company takes commission only through the spreads. And so far, I don't think there are any suspicious or hidden charges. They also have a very low spread at 1.8 pips although it widens during news releases but the highest I've seen so far was at 7 pips which for me is still acceptable. Also, I am never hesitant to trade during high volatility because the platform remains stable and rarely freezes.
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Author of PaxForex: Aman | Date 2017-12-28
When I started joining Paxforex I earned around 30 USD and my profit was never corrected or even manipulated. They also have the lowest market spreads, rapid execution, and no slippages when you are an active trader. I have to boast that I made profits of $300 on the platform and withdrawals was never an issue for me. I will definitely continue to trade with them.
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