PaxForex UK Review 2021

PaxForex is an offshore broker offering $10 minimum deposits & MT4 trading.

PaxForex is broker that offers traders Forex, stocks, indices, metals, cryptocurrencies. PaxForex allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.

PaxForex also gives traders access to 4 cryptocurrencies: BTC, ETH, LTC and XRP.

PaxForex is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

PaxForex Summary

PaxForex is an offshore broker offering $10 minimum deposits & MT4 trading.

Ratings

50%
Trust
66%
Instruments
85%
Features
Bonus100% loyalty deposit bonus up to $10,000
InstrumentsForex, stocks, indices, metals, cryptocurrencies
Demo Account
Min. Deposit$10
Min. Trade0.0001 lots
Regulated ByFSA
MT4 Integration
MT5 Integration
Mobile Apps
Auto Trading Yes (EAs)
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

Trade across markets with leveraged CFDs.

FTSE Spread9
GBPUSD Spread0.5
Oil SpreadN/A
Stocks SpreadVariable

Forex Trading

Trade FX with tight spreads & 1:500 leverage.

GBPUSD Spread0.5
EURUSD Spread0.4
EURGBP Spread1.5
Assets60

Cryptocurrency Trading

Trade popular cryptos against the US Dollar.

SpreadFrom 3 pips
CoinsBTC, ETH, LTC, XRP

Payment Methods

PaxForex accepts the following payment methods:

  • Neteller
  • Skrill
  • Webmoney
  • Visa
  • UnionPay
  • QIWI
  • Wire Transfer
  • FasaPay
  • Perfect Money
  • Cashu
Risk Warning – Your capital is at risk

PaxForex vs Other Brokers

If you want to compare PaxForex with other brokers, use the detailed comparisons below.

PaxForex vs
PaxForex is an offshore broker offering $10 minimum deposits & MT4 trading.