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Company Details

PaxForex

PaxForex was founded by a team of professional traders with the help of investors. The owners of the company have extensive experience in Forex, stocks, options and CFDs markets as traders and dealers. We have gained our experience by working in managerial positions with the largest brokers, who are now our major competitors. Even though we are not a company of a big size, we are big enough to always meet our customers’ demand on time and small enough to provide unique products and services in the industry.

As traders, we know by experience exactly what our clients deserve. Providing services and trading in the financial markets is all we do. Our knowledge and experience has provided us with the opportunity to create for you the fairest, most flexible and most stable environment for trading.

PaxForex Bonuses

100% Deposit Bonus

End Date: Open Ended

Deposit more $1200 or more and receive a 100% bonus which is paid out over the course of 1 year

Typical Spread on Majors

EUR/USD 0.8
GBP/USD 0.9
USD/JPY 1.0
* STANDARD account shown.
Headquarters Kingstown, St. Vincent and the Grenadines
Type of Broker STP
Founded 2010
Regulated By Regulated By Not Regulated
Offices In St. Vincent and the Grenadines
Supported Languages English, Russian
Website Visit Website
ESMA Regulation ? This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article
Account Details
Account Currencies EUR, USD, GBP
Minimum Deposit $10
Traders from USA Yes
Clients Funds Segregated Yes
Interest on Margin No
Islamic Accounts Yes
Islamic Account Restrictions Muslim faith only
ECN / STP Accounts Offered No
Commission on STP or ECN
VIP Accounts Offered Yes
VIP Account Requirements $10,000 Minimum Deposit
Mini Accounts Offered Yes
PAMM / MAM Solutions No
API Solutions No
Mobile Trading Yes
Web Based Trading No
Funding Methods Credit/Debit Cards, Wire Transfer, Bitcoin, Ethereum, WebMoney, QIWI, Fasapay, PerfectMoney, Skrill, Neteller
Withdrawal Methods Credit/Debit Cards, Wire Transfer, Bitcoin, Ethereum, WebMoney, QIWI, Fasapay, PerfectMoney, Skrill, Neteller
Platform Details
Platforms Offered MetaTrader 4, MetaTrader 4 iOS, MetaTrader 4 Android
NO of Pairs 64
Cryptocurrency Trading Yes
Pricing Digits 5
Trade off Charts Yes
One-click Execution Yes
Email Alerts Yes
Mobile Alerts No
MetaTrader Server Time GMT + 2
Demo Account Expiry Non-Expiring
VPS Offered Yes
Free VPS Conditions Free with accounts over $2000
Trading Details
Dealing Desk No
Maximum Leverage 500:1
Minimum Contract Size 0.0001
Execution Instant Execution and Market Execution Options
Hedging Yes
Scalping Yes
Scalping Restrictions No
Option of OCO No
Option of FIFO No
Liquidity Providers 6+
Negative Balance Protection Yes
Additonal Instruments
Metals Yes
Stocks Yes

PaxForex Reviews

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Eddie Aro Country: United States Apr 25, 2019
I started with PaxForex in 2014 and have no problem with this broker. Quick response to any problem that I have.

Broker Bonuses

$10,000 Welcome Bonus - Join AvaTrade and get a New Clients Bonus up to $10,000

$10 No Deposit Bonus - Open a Live STP account, $10 Bonus is automatically added to your account

100% Deposit Bonus - Receive a 100% Bonus on Deposits (Max Bonus $5,000). Bonus credited after required lots are traded.