PaxForex reviews

PaxForex_logo PaxForex 6/10 (votes 5062)

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

Brokerage company PaxForex was created by a group of traders and investors in 2010.

The fact that company’s founders have a wide trading experience in forex, stock, options and CFDs markets is among the advantages.

PaxForex claims to be a high quality provider of financial services on the global markets. Moreover, it promotes unique brands.

Company’s clients get the most flexible trading conditions. Besides, PaxForex ensures around-the-clock technical support, five days a week. At the same time it provides its clients with an access to the major financial instruments, commission-free fund transfers, minimal spreads, variable leverage, personal manager, and free education.

The company offers various programs for both novices and experienced traders. Moreover, PaxForex offers its partners two forms of cooperation, CPA and share revenue. Thus, partners may receive an increased partner's commission per trade, up to 3.2 pips on Mini accounts and up to 80% from spread for each complete transaction carried out. On average, using CPA partnership, affiliate program participants may get up to $660.

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Comments about broker

Clarrids trader
review PaxForex
11-01-21

This broker very stingy. And they also did not provide supporting information about forex trader, so the traders feel very distress and regret. I don't recommend this broker to trade in currency market. Trading platform is very slow and unstable, the execution very very slow and it is very difficult to trades with this broker. You'll be disappointed when you want to place an order with good price. Intentionally delaying your orders to execute. I am going to sue to get my money be careful.

Tanaya trader
review PaxForex
27-11-20

I started trading with PaxForex last year. I have made some great progress now and I actually have requested for the withdrawal of my profits already. I never had any issue while trading with them but right now, they are taking too long in releasing my fund. It was supposed to be completed in just a few days but a week has already passed. The company keep updating me but I still hope that they improve on this matter.

Evakoda trader
review PaxForex
19-11-20

I’ve been trading CFD's with PaxForex for last 4 months it’s been great, super quick execution and a great selection of CFD pairs. I trade on metal mainly and the pricing is very tight. I have made profit withdrawals of over $3000 without any problem and most of the time I got money within 4 hours. Recently I moved over from MT4 platform to web platform, because their web platform is very convenient for me. I have no objection about this broker.

Bale trader
review PaxForex
31-07-18

Very profitable conditions for cryptocurrency trading. I worked with bitcoin previous year, and I earned a lot! I worker with a different broker though, and cryptocurrency trading there was very unprofitable because of bad trading conditions. Here, I don’t have any issues. Spreads from crypto are higher than for standard cryptocurrencies, but if you consider the volatility level, you get that its ok so.

Servetson trader
review PaxForex
09-07-18

The broker is good, but its bonus is even better. I haven’t seen yet that a company offers money just for free. Well, it was worth registering just to check if it is the truth. Yep, this is the truth! I have already withdrawn a half of the bonus sum, just to check. I haven’t started trading yet, but will start soon, why not? I love all from the very start, even in advance!

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