Paxful Review 2021
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| Paxful is a crypto trading exchange and digital wallet offering low fees and easy sign-up. | ||
Paxful is broker that offers traders Cryptos. Surprisingly, Paxful does not support either of the enormously popular MetaTrader platforms (4 and 5).
Paxful also gives traders access to 3 cryptocurrencies: BTC, ETH and USDT.
Please note that Paxful is an unregulated broker. With no regulatory oversight a broker can offer higher leverage and other features that regulated brokers can not, but it also means that traders need to be more careful. Don't deposit large sums before you feel confident that the operator is trustworthy.
Paxful Summary
Paxful is a crypto trading exchange and digital wallet offering low fees and easy sign-up.
Ratings
| Bonus | None |
|---|---|
| Instruments | Cryptos |
| Demo Account | ✗ |
| Min. Deposit | From 0.005 BTC |
| Min. Trade | 10 USD |
| Regulated By | |
| MetaTrader 4 | ✗ |
| MetaTrader 5 | ✗ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✗ |
| Mobile Apps | Android & iOS |
| Auto Trading | ✗ |
| Trade Signals | ✗ |
| Social Trading | ✗ |
| Copy Trading | ✗ |
| Islamic Account | ✗ |
Cryptocurrency Trading
Paxful offers buying and selling of the world's leading cryptocurrencies.
| Spread | Rates set by vendors |
|---|---|
| Coins | BTC, ETH, USDT |
Payment Methods
Paxful accepts the following payment methods:
- Bitcoin Payments
- Wire Transfer
- Credit Card
- Mastercard
- Visa
- PayPal
- Skrill
- Neteller
FAQ
Is Paxful Safe?
In our review we gave Paxful a low trust score of 20%, which means that traders should try things out before they deposit any larger amounts. What impacted the trust score the most is the fact that Paxful is not regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.
Does Paxful Accept PayPal?
Yes, Paxful does accept PayPal payments.
Is Paxful Halal?
Probably not, as Paxful does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.
Is Paxful Regulated?
No, unfortunately Paxful is not regulated to our knowledge. Careful traders might want to check out our list of FCA regulated brokers for options.
Paxful vs Other Brokers
If you want to compare Paxful with other brokers, use the detailed comparisons below.
- Finspreads vs Paxful
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- Paxful vs FP Markets
- Paxful vs FXCC
- Paxful vs PaxForex
- SpeedTrader vs Paxful
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| Paxful is a crypto trading exchange and digital wallet offering low fees and easy sign-up. | ||