Paxforex login

The world leading watchdogs including companies regulated by ASIC, bafin or FCA, thus it is a much smarter idea to engage in trading with the regulated brokers.

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Paxforex review is about a company laino group ltd and is a brand name of the established and registered in st. Vincent and the grenadines financial investment firm.

Paxforex review

Paxforex

Reason to avoid: no license

Listed date: september 14, 2018

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Company name: laino group ltd. Paxforex

Registration address/ license: st. Vincent and the grenadines. No license.

About paxforex

��️ registered in	st. Vincent and the grenadines
��️ type of license	offshore license
��️ is paxforex safe to trade	no
��️ recommended licenses	FCA in UK �� & ASIC in australia ��
�� alternative broker	FP markets - licensed by ASIC in australia

Is paxforex a regulated forex broker or a scam?

No, paxforex is not safe to trade with it. Paxforex is an unregulated broker.

Paxforex review is about a company laino group ltd and is a brand name of the established and registered in st. Vincent and the grenadines financial investment firm.

The broker claims to run an office in the UK, which is not, for instance, a case, and offers a wide selection of trading opportunities to trade on forex, stocks, options and cfds through an STP/ ECN connectivity to the liquidity providers.

In fact, the company partners with total capital forex promotions (pty) ltd and other companies that are located in various jurisdictions, but do not serve itself any other office than its headquarter in known offshore zone st. Vincent and the grenadines.

Due to its situated office, paxforex does not hold any authorization or regulation licenses from the world recognized financial authorities.

Besides, the negative reviews and much of disappointed traders by the broker’s provided operations releases the question, is it really a good idea to trade with the paxforex broker? It is absolutely clear that financial investment involving high risks and it is at the paramount priority to reduce risks as much as possible.

That’s why trading with the regulated brokers increases the reliability timely since the company is constantly watched by the respected authority.

The world leading watchdogs including companies regulated by ASIC, bafin or FCA, thus it is a much smarter idea to engage in trading with the regulated brokers.

Notwithstanding by fact that the paxforex company do provide an attractive selection of account types that might suit the need of beginning and seasoned traders, the sum of the above and non-licensed company nature impacts in a negative recommendation of account opening.

Forex broker paxforex

You are unlikely to find a more comfortable forex broker than paxforex. Our company provides forex customers the best possible conditions for successful forex trading. We have offers for both beginners and experienced traders. There are also many different bonuses, which are designed to help any forex trader in his profitable trading. The main engines of our progress at the financial trading forex market are spotless reputation; focus on customers and innovative approach to business development. Our achievements have been confirmed by the successes of every one of our forex traders. Today we are a well-known lowest spread forex broker trusted by hundreds of thousands of customers worldwide. We assure you that working with paxforex ensures the highest level of service, strict compliance with all the terms of trading, and reliability provided by the most advanced forex technologies.

Our basic principle is work in the interests of the client and providing optimal conditions for a comfortable and profitable forex trade. And we remain committed to this principle, all the way to company’s development. Our clients use the best forex broker trading technologies. They have constant access to the information data and major news from the world leading informational agencies. Our great team of analytics every day publishes an impressive amount of extremely useful information of technical and fundamental analysis, as well as economic news. Today our services are used by forex clients around the world: from asia to north america. Among them are beginners of the forex trading and professionals of this financial market. By opening an account with paxforex broker, you get full access to all features of the online brokers forex market, CFD, futures trading and commodity markets (goods). After a simple registration process, you will get complete freedom in choosing the account that best fits your individual needs. In addition, we offer a very wide variety of forex bonuses, which you can use immediately. Our employees are working every day with our customers and provide them with comprehensive support. Regularly updated news of the financial markets, the economic calendar of events and all types of market analytics provide our forex clients access to the latest information they need to make the right decisions in their trading process. We also believe that beginning FX trader will have with us great opportunities to gain experience, deep knowledge together with risk-free trading on demo and free bonus accounts. This will bring them a big confidence and a wish to earn more by investing and opening our standard forex accounts. Paxforex is determined to maintain the selected rate and increase the pace of development. We hope that this will help us to win the confidence of traders in new regions of the world and to hold our forex market leadership.

After you launch metatrader 4 for the first time, you will see screen like this:

Pic.10 - first start screen

Next step, you have to fill in authorization form. Login and password you can find in the e-mail "trading account details" for trading account and "demo account details" for the demo account.

Paxforex trading account details

Paxforex demo server for demo accounts.

Pic.11 - MT4 login form

Paxforex live server for live accounts.

Type your metatrader account login in "login" field

Type your forex trading account password in "password"

In field server choose:
paxforex demo server - for demo accounts
paxforex live server - for live and bonus accounts

Click login button

If the authorization process was successful, you will be able to start trading on your demo/trading forex account. In the bottom right corner you’ll see label showing that your connection status is ok.

In case if you enter incorrect information (login, password or choose incorrect server) in the authorization form, then in the bottom right corner will be shown the invalid forex account label, see below:

In case if you couldn’t manage to solve the problem by yourself, paxforex support team could help you.

If for some reasons you don’t have registered forex account, please press cancel button in authorization form. And willing buttons below.

How to switch between forex accounts

You can switch between demo and trading forex accounts at any time you want by selecting the main menu of metatrader 4 "file ->login” then enter login and password for forex account which you want to connect. In field server, choose paxforex-trading or paxforex-server.

Paxforex review

Was paxforex.Com

Paxforex is a forex broker with its corporate flag located in saint vincent and the grenadines. This leaves paxforex free to offer high leverage, up to 500:1 currently.

In terms of platforms, paxforex offers MT4, MT4 mobile, and MT4 multermimal, which permits multiple accounts to be traded simultaneously. ECN accounts are offered. Scalping, news spike trading, and eas are permitted. There is also a copytrading feature available.

Paxforex's support options include an FAQ, phone, email, contact form, and live chat.

Paxforex has been offering forex trading since 2010. In addition to many of the usual cfds offered by many forex brokers, paxforex also has a small number of cryptocurrencies available for trading.

September 2020: the FBI has seized the paxforex.Com domain name. If you have any dispute with paxforex, please submit your information to www.IC3.Gov .

Paxforex is still operating under paxforex.Org

Broker details

established:	2010
address:	1825, cedar hill crest, villa, kingstown, saint vincent and grenadines
contact:	info@paxforex.Org, +44 203 504 0303
regional offices:
regulators:	SVGFSA #201973 IBC 2014 1825
prohibited countries:

deposit methods:

bank wire, VISA, mastercard, bitcoin, ether/ethereum, fasapay, neteller, perfectmoney, qiwi, skrill, uphold, webmoney

withdrawal methods:

bank wire, VISA, mastercard, bitcoin, ether/ethereum, fasapay, neteller, perfectmoney, qiwi, skrill, uphold, webmoney

Live discussion

Join live discussion of paxforex.Org on our forum

Video

Let other traders know if this service is worth checking or should be avoided.

Traders reviews

Length of use: over 1 year

Length of use: 6-12 months

Dear hustler328,
if you have an account with paxforex demo or live you can visit our site paxforex.Org and you will have access to all of your accounts trading terminal and everything is working as usual.

Please note for withdrawal you will need to make a request from your cabinet or get in contact with your manager he/she will help you more.

Length of use: over 1 year

The withdrawal was successfully submitted. And the account support replied to my emails and even the contacted me via phone. It was just a miss-understanding.

They have excellent service and it just need time and patience to resolve any issues.

Please disregard the review below.

Jan 12, 2020 - 1 star since on friday january 4th, 2020 I submitted a request for a withdrawal of $100.00. Then I got a notification, but did not get a confirmation email. So I contacted support via chat and they said they would submitted again to account support. On monday january 6th , 2020, I received an email for the following notification:

Thank you for choosing paxforex as your trusted forex broker.

The amount of 100.00 USD has been deducted from your account xxxxxx55 and sent to bank.

Part of paxforex is about making forex trading easy for our users. The other part is about maintaining quality service delivery, always.

Which one did we fail at? We are here to listen.

Do you plan to continue in the nearest future or would you like to close your account with us?

We’ll really appreciate your reply; it will help us to improve our services!

So far I have not received any amount and no one has replied to my email. How can you trust someone like them, be careful where you place your funds.

Dear roomal ahmadzai,
please send to your personal manager an account number and order number where you experienced an issue with the spread. We will make an investigation if the price was accurate or not at that particular moment.

Also, we would like to pay your attention to the fact that you were our client for the last 2 years. And during this period you were making withdrawals from any of your accounts many times and you received it without any delay.

Roomal, we are always happy to help you with our expertise and service.

P.S. According to the events described, we have compiled a log of your activities. We choose not to post it for privacy reasons.

Best regards,
paxforex team

Paxforex really worked out for me very well. The approval process was thorough but easy to pass and order execution was real quick. I made a nice few thousand dollars in a very short period. I was also able to withdraw all my money (including the profits) with no issues.

The only thing I didn't notice beforehand is that they charge 7% for withdrawing with bitcoin (US customers can only deposit/withdraw using bitcoin due to US regulations so had no other choice available), but I made enough money so it didn't matter too much.

Thanks paxforex team. See you again soon!

I can’t blame pax for the loss of my account I was chasing the trades pax an awesome brokerage.

Mar 21, 2019 - 1 star I have traded live with this company over the course of a year with 3 accounts and it’s always the tragic emotionally deceptive feed worse trading conditions they place the little trader ($1000) mini. I have demo traded like a seasoned pro on mt4 using VPA. My rep over at pax is with this scamming company. He waited for me to lose my money again to tell me about better trading conditions with a $2000 deposit with a standard account. Why is it not the same across the board! UNETHICAL is the correct response. When my account got down to the bare minimum I had no choice but to trade with proper leverage yet that made no difference. When the market went against me 15 pips the amount in the negative was like $20 bucks but when the market went in my favor like 45 pips I was only in the money maybe $6. The way they adjust there feed in the mini is treacherous. I pray that they loose all of there sleep for this robbery. When I questioned will of this his response was that of acquiring a standard account. Then he said they have billions of dollars and they wouldn’t scam me for my little $800. My response to that was “ will your brokerage makes there money on the little stupid trader like me that gets taken on an emotional rollercoaster that your feed is designed and programmed to do just that. PAXFOREX IS A HIGH IMMORAL AND UNETHICAL BROKERAGE. DO NOT TRADE WITH THEM THEY ARE SUPER THIEVES. Make them go hungry and homeless!

Reply by paxforex team submitted apr 10, 2019 dear marcus wayne rauls

We are very sad and sorry to see that

It is all a misunderstanding situation from your side

Our support team and your account manager were in constant communication with you to explain it for you

If you would like you can download your detailed history from the mt4 and compare all the deals with any other provider and you will see that there is no manipulation at all

If you don't know how to download the detailed history please contact our support team to provide it to you

You said it yourself you have been trading with us for almost a year and a half, during this time we were providing you with the best service and recommending for you the best trading conditions according to your investment as you mentioned it as well.

Feel free to contact us if you still need any explanation about your trades

Forex and CFD spread on paxforex MT4 - cent, mini, standard and VIP account types

What is the minimum forex spread on paxforex MT4 and what are the conditions?

Paxforex MT4 provides only “floating” spread

Comparison of spread condition on paxforex MT4 account types

No extra commissions

Spread can be widened at anytime

Paxforex uses equinix servers to reduce latency
- How the faster execution will help reduce the trading cost?

NBP with high leverage up to 1:500
- How does NBP work?
- Minimize the risk exposure to avoid unnecessarily loss

Zero commission on deposit and withdrawal
- Are my funds safe with paxforex?

Get 100% loyalty deposit bonus to increase your profit
- How does receiving the bonus will help minimize the trading cost?

Paxforex MT4 provides only “floating” spread

Paxforex has chosen only floating (variable) spread for all account types.

By using floating price quotes, investors of paxforex can benefit from tighter spread than the fixed spread.

Paxforex eliminates any unnecessary cost and trading commissions.

For the comparison of account types available with paxforex, please visit the page here.

Comparison of spread condition on paxforex MT4 account types

Paxforex has 4 different account types to offer and each of them has different trading conditions and costs.

Please refer to the below table for the comparison of trading cost and spread.

Account types	cent	mini	standard	VIP
required minimum deposit	$10	$100	$2,000	$10,000
account base currencies	USD	USD, EUR, GBP	USD, EUR, GBP	USD, EUR, GBP
minimum forex spread	2.4 pips	1.4 pips	0.4 pips	0.4 pips
trading commission	none	none	none	none
VPS service	$25 per month	$25 per month	$25 per month	free
islamic swap free account	not available	available	available	available

The maximum leverage is the same for all account types. See more about paxforex’s leverage conditions in the page here.

Which account type suits you trading style?

No extra commissions

Paxforex strives to offer its traders with the lowest possible trading cost.

Paxforex doesn’t only offer you with tight spread, but has no extra trading commissions or hidden fees to traders.

Only cost you must cover when trading with paxforex is the spread, the difference of bid and ask prices.

Through paxforex MT4, the cost of trading is always clear as shown on the platform in real time.

Paxforex uses stable equinix servers in london and new york for fast execution to eliminate slippage as much as possible.

Spread can be widened at anytime

On paxforex MT4, the market prices will show the tightest spread possible with no extra commission.

It is possible because paxforex adopts the floating spread which brings the real market feeds to the platforms directly.

While you can benefit from such advantage, you should also be aware of possible high volatility in market prices and widened spread due to the market condition.

Slippage happens when the liquidity at certain market price is thin, and has no space to execute your orders.

Paxforex’s trading server will then find the next possible market price to execute your orders instantly, thus causing the differences of the price of the execution and the ordered price.

Have you already received paxforex’s 100% loyalty deposit bonus? If not, find out how to get the bonus in the page here.

Paxforex uses equinix servers to reduce latency

While offering fine trading conditions, promotions and tools for its traders, paxforex’s main focus also includes the execution quality and speed.

The quality of order execution is one very important factor which directly impact traders’ profit and loss.

Paxforex has setup the trading servers in london (equinix LD4) and new york (equinix NY4) which directly connects paxforex traders and the market liquidity providers.

The price feeds on paxforex MT4 will be sent through fibre optic cables to bypass internet congestion.

On paxforex MT4, you will see the price feeds in real time and ensures that all orders are executed fast without delays.

More importantly, paxforex’s fast and high quality execution is provided to all traders regardless of the size of investment and through any types of devices.

How the faster execution will help reduce the trading cost?

Paxforex’s trading servers (london equinix LD4 and new york equinix NY4) will achieve fast and stable connection to place orders on MT4.

With the constant and fast connect of paxforex’s servers, your orders are always executed instantly without delays.

With the condition, you can also minimize the possibility of slippage of your orders.

Slippage is a common situation where your order is executed at the different price than the requested price due to the lack of market liquidity at that time.

There is a lot of different causes of slippage, but slippage often happens when there is a delay in server connection.

On paxforex MT4, you do not have to worry about it because the connection between the server and paxforex MT4 is instant and the system will find the available liquidity in the market as soon as you place the order.

The condition of paxforex’s fast execution is the same for all account types and traders.

NBP with high leverage up to 1:500

One of paxforex’s advantages is the high leverage which is up to 1:500.

Paxforex’s high leverage will let you invest in higher amount of order volume with small amount of supporting margin.

For instance, you can place an order which is worth $5000 with only $10 of available margin (fund) in your account.

Paxforex’s high leverage will involve higher risks comparing to the when you invest with lower leverage, but paxforex haven’t forgot about traders’ risks management.

For all accounts and traders, paxforex supports NBP (negative balance protection) which protects traders from exceeded losses.

How does NBP work?

Paxforex’s NBP, or negative balance protection is triggered when the account balance goes below zero, as in negative.

Your account balance with paxforex can go negative when the volatility of market price is extremely high, even though paxforex’s system will first trigger the stop out to avoid further losses.

In such case, paxforex will adjust the account balance to zero, according to the NBP policy.

With paxforex’s NBP, your loss is always limited to the maximum account balance.

Combining paxforex’s high leverage and the NBP, you can trade more effectively and with confident.

Minimize the risk exposure to avoid unnecessarily loss

When trading forex and cfds online, one of the first things you must do is setting up “stop loss” which will limit the amount of loss at certain desired price in case the market price goes against your expectation.

Alternatively, you can also limit the size of your investment.

As paxforex supports NBP, your loss is limited to the maximum deposit amount.

It is important that you never deposit more than you can afford to lose regardless of how much you are confident to make profit but not loss.

Online forex market is full of opportunity but involves certain risks, and we never know how the market will move in the future.

Zero commission on deposit and withdrawal

Paxforex does not charge fees on fund deposit.

On your paxforex MT4 account, the full deposit amount you have sent to paxforex will be credited directly.

You only need to cover the fees charged by the payment providers such as intermediary banks, card companies and e-wallet companies.

Even the fees by payment providers, paxforex will cover if your deposit amount is over $300 .

With paxforex, the deposit is done automatically through API connection on the client area.

More than 90% of fund deposit are processed within 7 minutes with paxforex.

Are my funds safe with paxforex?

As a regulated and licensed broker, paxforex ensures that all deposited funds are held in the segregated bank accounts in europe.

The segregated bank account is completely separated from paxforex’s operation and the company’s fund.

This condition makes sure that your funds are used only for the purpose of your trading activity.

No one touches your funds but only you can do it, thus your fund withdrawal is processed very fast.

With paxforex, 75% of fund withdrawals are processed within 30 minutes.

Paxforex also encrypts the client are with SSL technology (secure socket layer), so your funding activity and personal information are safe and stay confidential at all times.

Get 100% loyalty deposit bonus to increase your profit

If you have decided to start trading forex with paxforex, you may want to participate in their bonus promotions.

One of paxforex’s main promotions is the “100% loyalty deposit bonus” which credits bonus as your extra margin for 12 months.

The bonus will be available only for trading purpose, and can be used as supporting margin to open larger size of positions in your accounts.

Find out more about paxforex’s 100% loyalty deposit bonus promotion here.

How does receiving the bonus will help minimize the trading cost?

Once you confirm your participate in paxforex’s 100% loyalty deposit bonus, your account will continue receiving the bonus for the next 12 months.

The extra bonuses will be credited monthly as long as you meet certain conditions.

Instead of making additional deposits, the bonus will be credited to support your trading further.

Participate in the 100% loyalty deposit bonus, minimize your deposit amount thus lowering the risk exposure.

Paxforex

Post tags

Trade with passion. Paxforex offers the online trading environment with the most advanced trading platform.

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Who is hercules.Finance?

Hercules.Finance is a financial education website powered by a team of financial specialists and IT experts, mainly introduce solutions of forex, CFD and commodity investment, and a number of payment services. With more than 30 partnered companies all over the world, hercules.Finance offers trusted and timely information for investors and users of the services. By referring to hercules.Finance, you can find all latest news/information, financial technical/fundamental analysis, main/exclusive bonus promotions of partnered companies and a number of educational materials of finance. For the list of all partnered companies, please visit here. For more latest information of the website, please visit hercules.Finance.

Risk warning

Foreign exchange and contracts for difference ("cfds") are complex financial products that are traded on margin. Trading forex & cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, forex & cfds may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Past performance of forex & cfds is not a reliable indicator of future results. All information on hercules is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of this information. Please note the spreads displayed in the website are all included extra trading commissions, as it shows the whole commissions charged by each broker. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website.

Paxforex review and ratings

Availability

Paxforex accepts clients from all over the world, excluding USA and some countries where restrictions apply.

Distinctive features

Simple registration and verification process.

Trading accounts with variable and fixed spreads.

Tight variable spreads on major currency pairs.

Trading instruments

Forex broker offers the following underlying assets for trading.

60+ currency pairs	based on major and minor world currencies.
4 crypto pairs	based on bitcoin, ethereum, ripple, litecoin.
9 indice cfds	based on baskets of different blue-chip stocks.
2 metal spot cfds	based on gold and silver.
40+ stock cfds	based on shares of US companies.

Comprehensive review

Registered in saint vincent and the grenadines, paxforex provides traders with the flexibility of using an offshore-registered broker with straightforward verification requirements, tight spreads, and high leverage of up to 1:500.

Although paxforex is unregulated by any government agency, it has become a popular broker among retail forex and CFD traders, partly due to the fact that it caters to traders from all over the world, including the USA.

Paxforex offers a range of different account types to be sure there is something for every need, from the very small new trader, to veterans in the forex market. In total, there are five trading accounts to choose from:
– cent forex account – the best account for newbies in trading who want to test the water before jumping into trading with both feet. Minimum deposit is just USD 10.
– forex mini account – A good option for new traders with a minimum deposit of only USD 100 and spreads from 1.4 pips.
– standard forex account – best for experienced forex traders with low spreads and a minimum deposit of USD 2,000.
– VIP forex account – ideal for professional traders who can deposit a minimum of USD 10,000, wants low spreads, and a dedicated account manager.

As with most forex brokers, spreads and commissions are generally low with the higher-level trading accounts at paxforex, but are on the high side when trading with beginner-level accounts such as the forex mini account or the cent forex account. Traders who can afford to pay up the higher initial deposit requirements can therefore get a pretty competitive deal with paxforex that is certainly at the same level as what other comparable brokers can offer.

In terms of platforms, paxforex uses the very popular metatrader 4 (MT4) as its only trading platform. This means that traders who are switching over from other brokers are welcomed by the familiar user interface that MT4 offers, which significantly eases the transition. The platform is available in versions for desktop and web, as well as apple and android mobile devices, and as a multiterminal platform for traders who manage several accounts.

When it comes to available trading instruments, paxforex’s offering is quite good with a large selection of currency pairs, cfds based on global share indices and shares of individual companies, as well as gold, silver, and cryptocurrencies like bitcoin, ethereum, ripple (XRP), and litecoin.

As an offshore broker, paxforex accepts deposits and withdrawals via cryptocurrencies bitcoin and ether, international bank transfer, credit & debit cards, or online e-wallets like webmoney, skrill and others. The initial minimum deposit amount is USD 10 or the equivalent in another currency for most payment methods. Note that the broker charges a rather high service fee of 5.5% for withdrawals to credit and debit cards.

A nice extra benefit of using paxforex are the daily forex fundamental analyses that are published for traders to read. Unlike many other brokers that largely focus on technical analysis, this broker does a nice job educating its clients on the important fundamental drivers in the forex market with daily updates, covering both the precious metals market and the most popular currency pairs.

In terms of customer service, we appreciate the 24-hour phone and live chat service available at paxforex. This differs from many other brokers who are only available for their traders during regular business hours. However, we all know that technical glitches and platform issues can happen at any time of the day, which means having customer support available can be critically important. It is, however, unclear exactly which languages support is offered in other than english.

Forex and CFD spread on paxforex MT4 - cent, mini, standard and VIP account types

What is the minimum forex spread on paxforex MT4 and what are the conditions?

Paxforex MT4 provides only “floating” spread

Comparison of spread condition on paxforex MT4 account types

No extra commissions

Spread can be widened at anytime

Paxforex uses equinix servers to reduce latency
- How the faster execution will help reduce the trading cost?

NBP with high leverage up to 1:500
- How does NBP work?
- Minimize the risk exposure to avoid unnecessarily loss

Zero commission on deposit and withdrawal
- Are my funds safe with paxforex?

Get 100% loyalty deposit bonus to increase your profit
- How does receiving the bonus will help minimize the trading cost?

Paxforex MT4 provides only “floating” spread

Paxforex has chosen only floating (variable) spread for all account types.

By using floating price quotes, investors of paxforex can benefit from tighter spread than the fixed spread.

Paxforex eliminates any unnecessary cost and trading commissions.

For the comparison of account types available with paxforex, please visit the page here.

Comparison of spread condition on paxforex MT4 account types

Paxforex has 4 different account types to offer and each of them has different trading conditions and costs.

Please refer to the below table for the comparison of trading cost and spread.

Account types	cent	mini	standard	VIP
required minimum deposit	$10	$100	$2,000	$10,000
account base currencies	USD	USD, EUR, GBP	USD, EUR, GBP	USD, EUR, GBP
minimum forex spread	2.4 pips	1.4 pips	0.4 pips	0.4 pips
trading commission	none	none	none	none
VPS service	$25 per month	$25 per month	$25 per month	free
islamic swap free account	not available	available	available	available

The maximum leverage is the same for all account types. See more about paxforex’s leverage conditions in the page here.

Which account type suits you trading style?

No extra commissions

Paxforex strives to offer its traders with the lowest possible trading cost.

Paxforex doesn’t only offer you with tight spread, but has no extra trading commissions or hidden fees to traders.

Only cost you must cover when trading with paxforex is the spread, the difference of bid and ask prices.

Through paxforex MT4, the cost of trading is always clear as shown on the platform in real time.

Paxforex uses stable equinix servers in london and new york for fast execution to eliminate slippage as much as possible.

Spread can be widened at anytime

On paxforex MT4, the market prices will show the tightest spread possible with no extra commission.

It is possible because paxforex adopts the floating spread which brings the real market feeds to the platforms directly.

While you can benefit from such advantage, you should also be aware of possible high volatility in market prices and widened spread due to the market condition.

Slippage happens when the liquidity at certain market price is thin, and has no space to execute your orders.

Paxforex’s trading server will then find the next possible market price to execute your orders instantly, thus causing the differences of the price of the execution and the ordered price.

Have you already received paxforex’s 100% loyalty deposit bonus? If not, find out how to get the bonus in the page here.

Paxforex uses equinix servers to reduce latency

While offering fine trading conditions, promotions and tools for its traders, paxforex’s main focus also includes the execution quality and speed.

The quality of order execution is one very important factor which directly impact traders’ profit and loss.

Paxforex has setup the trading servers in london (equinix LD4) and new york (equinix NY4) which directly connects paxforex traders and the market liquidity providers.

The price feeds on paxforex MT4 will be sent through fibre optic cables to bypass internet congestion.

On paxforex MT4, you will see the price feeds in real time and ensures that all orders are executed fast without delays.

More importantly, paxforex’s fast and high quality execution is provided to all traders regardless of the size of investment and through any types of devices.

How the faster execution will help reduce the trading cost?

Paxforex’s trading servers (london equinix LD4 and new york equinix NY4) will achieve fast and stable connection to place orders on MT4.

With the constant and fast connect of paxforex’s servers, your orders are always executed instantly without delays.

With the condition, you can also minimize the possibility of slippage of your orders.

Slippage is a common situation where your order is executed at the different price than the requested price due to the lack of market liquidity at that time.

There is a lot of different causes of slippage, but slippage often happens when there is a delay in server connection.

The condition of paxforex’s fast execution is the same for all account types and traders.

NBP with high leverage up to 1:500

One of paxforex’s advantages is the high leverage which is up to 1:500.

Paxforex’s high leverage will let you invest in higher amount of order volume with small amount of supporting margin.

For instance, you can place an order which is worth $5000 with only $10 of available margin (fund) in your account.

Paxforex’s high leverage will involve higher risks comparing to the when you invest with lower leverage, but paxforex haven’t forgot about traders’ risks management.

For all accounts and traders, paxforex supports NBP (negative balance protection) which protects traders from exceeded losses.

How does NBP work?

Paxforex’s NBP, or negative balance protection is triggered when the account balance goes below zero, as in negative.

Your account balance with paxforex can go negative when the volatility of market price is extremely high, even though paxforex’s system will first trigger the stop out to avoid further losses.

In such case, paxforex will adjust the account balance to zero, according to the NBP policy.

With paxforex’s NBP, your loss is always limited to the maximum account balance.

Combining paxforex’s high leverage and the NBP, you can trade more effectively and with confident.

Minimize the risk exposure to avoid unnecessarily loss

Alternatively, you can also limit the size of your investment.

As paxforex supports NBP, your loss is limited to the maximum deposit amount.

It is important that you never deposit more than you can afford to lose regardless of how much you are confident to make profit but not loss.

Online forex market is full of opportunity but involves certain risks, and we never know how the market will move in the future.

Zero commission on deposit and withdrawal

Paxforex does not charge fees on fund deposit.

On your paxforex MT4 account, the full deposit amount you have sent to paxforex will be credited directly.

You only need to cover the fees charged by the payment providers such as intermediary banks, card companies and e-wallet companies.

Even the fees by payment providers, paxforex will cover if your deposit amount is over $300 .

With paxforex, the deposit is done automatically through API connection on the client area.

More than 90% of fund deposit are processed within 7 minutes with paxforex.

Are my funds safe with paxforex?

As a regulated and licensed broker, paxforex ensures that all deposited funds are held in the segregated bank accounts in europe.

The segregated bank account is completely separated from paxforex’s operation and the company’s fund.

This condition makes sure that your funds are used only for the purpose of your trading activity.

No one touches your funds but only you can do it, thus your fund withdrawal is processed very fast.

With paxforex, 75% of fund withdrawals are processed within 30 minutes.

Paxforex also encrypts the client are with SSL technology (secure socket layer), so your funding activity and personal information are safe and stay confidential at all times.

Get 100% loyalty deposit bonus to increase your profit

If you have decided to start trading forex with paxforex, you may want to participate in their bonus promotions.

One of paxforex’s main promotions is the “100% loyalty deposit bonus” which credits bonus as your extra margin for 12 months.

The bonus will be available only for trading purpose, and can be used as supporting margin to open larger size of positions in your accounts.

Find out more about paxforex’s 100% loyalty deposit bonus promotion here.

How does receiving the bonus will help minimize the trading cost?

Once you confirm your participate in paxforex’s 100% loyalty deposit bonus, your account will continue receiving the bonus for the next 12 months.

The extra bonuses will be credited monthly as long as you meet certain conditions.

Instead of making additional deposits, the bonus will be credited to support your trading further.

Participate in the 100% loyalty deposit bonus, minimize your deposit amount thus lowering the risk exposure.

Paxforex

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Trade with passion. Paxforex offers the online trading environment with the most advanced trading platform.

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Trading advantages of roboforex forex broker

No limits in providing outstanding benefits to roboforex clients.

Tight spreads
from 0 pips

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4 account currencies
(EUR, USD, CNY, GOLD)

Micro accounts with the
minimum lot size of 0.01

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classes

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Roboforex bonus programs

Roboforex provides for its clients best promotional offers on financial markets.

Start trading with roboforex now and unleash the powerful benefits!

Bonus up to 20,000 USD.

Can be used during "drawdown".

Deposit from 10 USD.

Withdraw the profit received when trading your own funds.

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Bonus up to 50,000 USD.

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Receive cashback for the trading volume of just 10 lots.

Available for all verified clients.

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Pro-standard

The most popular account type at roboforex, which is suitable for both beginners and experienced traders.

Prime

"prime" accounts combine all best features of ECN accounts and are suitable for advanced traders.

Pro-cent

Pro-cent accounts provide an opportunity to trade micro lots and is best suitable for beginners, who want to test our trading conditions with minimum investments.

ECN account type is intended for professionals, who prefer the best trading conditions with tight spreads.

R trader

R trader is a multi-asset web platform, which combines modern technologies, a classic but taken to a new level design, and access to the world’s major financial markets.

First deposit 100 USD

Execution type market execution

Spreads floating from 0 points

Instruments over 12,000 stocks, indices,
forex, etfs, cfds, cryptocurrencies

Bonuses not available

Platforms R trader - web platform

By opening a demo account at roboforex, you can test our trading conditions - instruments, spreads, swaps, execution speed - without investing real money.

First deposit not required

Execution type market execution

Spreads depends on type of account

Instruments depends on type of account

Bonuses limited number of offers

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The most popular platform for trading on the forex market, which includes a knowledge database, trading robots, and indicators.

3 types of order execution

9 time frames for trading

50 integrated indicators for technical analysis

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The latest version of metatrader platform with an opportunity to choose between netting and hedging systems.

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Roboforex trading platforms

For those traders who prefer to be always on the move we present exclusive roboforex trading platforms: webtrader and mobiletrader.

Trade from any browser or mobile device (ios, android).

Get the same functionality as on desktop platforms.

Control your positions and orders from any place in the world.

Multi-asset web-based trading platform with the fastest in the industry financial charts and advanced technical analysis tools.

Over 12,000 stocks, indices, FX, etfs, cryptocurrencies.

Minimum deposit: 100 USD.

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For those traders who prefer to be always on the move we present exclusive roboforex trading platforms: webtrader and mobiletrader.

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Your funds are fully secured when you trade with roboforex.

Regulated activities: IFSC license
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Discover the world’s key markets through roboforex accounts and platforms.

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We offer transparent and reliale access to trading FX with more than 40 currency pairs

Forex trading benefits

Institutional spreads from 0 points

Metatrader4, metatrader5, ctrader, R trader platforms

Leverage: up to 1:2000

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Access to more than 12,000 stocks through R trader platform and more than 50 via metatrader 4/5 terminals

Stocks trading benefits

Minimum deposit: 100 USD

Free stock exchange market data online

Leverage: up to 1:20

Metatrader4, metatrader5, R trader platforms

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In its most regularly traded format, an index is defined as a portfolio of stocks that represents a particular market or market sector

Indices trading benefits

Metatrader4, metatrader5, R trader platforms

Tight spreads - no mark up

Leverage: up to 1:100

Over 10 instruments

Trade fast-growing global ETF industry with over $3 trillion in assets in management

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Minimum deposit: 100 USD

R trader platform

Leverage: up to 1:20

Сorporate events supported and handled by the system automatically

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Trade etfs on grown commodities such as coffee, cocoa, sugar, corn, wheat, soybean, fruit

Soft commodities trading benefits

Minimum deposit: 100 USD

R trader platform

Over 100 instruments

Leverage: up to 1:20

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Trade cfds and commodity etfs on energy market including oil, natural gas, heating oil, ethanol and purified terephthalic acid

Energies trading benefits

Tight spreads

Metatrader4, R trader platforms

Ideal instrument for day traders

Minimum deposit: 10 USD

Leverage: up to 1:100

Metals

Trade cfds and commodity etfs on precious metals including gold, platinum, palladium, silver as well as gold/dollar and silver/dollar pairs.

Metals trading benefits

Hedge against political instability and dollar weakness

Minimum deposit: 10 USD

Metatrader4, metatrader5, ctrader, R trader platforms

Leverage: up to 1:1000

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Bitcoin, litecoin and ethereum proved to have great potential for investment and speculation

Cryptocurrencies trading benefits

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Over 20 cryptoinstruments

Leverage: up to 1:50

Trading 24/7

0% commissions

When our clients deposit their trading accounts, the commission is always 0%. Roboforex covers all expenses. Choose the payment system according to your convenience, not cost effectiveness.

Roboforex also compensates its clients' commission for funds withdrawal twice a month.

Instant withdrawals

Automatic withdrawal system: withdrawals within a minute for certain payment methods

System works 24/7

Simple, reliable, and fast

More than 20 ways to deposit funds

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Get detailed statistics on trader's performance.

Unsubscribe at any time.

Copyfx platform will be perfect for those, who search for a simple but reliable way to invest on forex.

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Roboforex received prestigious awards of the financial sector

Winner of more than 10 prestigious awards

Roboforex was recognized by the most respected experts of the financial industry.

More than 800,000 clients from 169 countries.

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Experienced racers with more than 60,000 off road kilometers in europe, africa, and australia under their belt.

A many-time thai boxing world champion, an experienced trainer, and an honored master of sports.

Roboforex ltd is an international broker regulated by the IFSC, license no. 000138/107, reg. Number 128.572.

Risk warning: there is a high level of risk involved when trading leveraged products such as forex/cfds. 58.42% of retail investor accounts lose money when trading cfds with this provider. You should not risk more than you can afford to lose, it is possible that you may lose the entire amount of your account balance. You should not trade or invest unless you fully understand the true extent of your exposure to the risk of loss. When trading or investing, you must always take into consideration the level of your experience. Copy-trading services imply additional risks to your investment due to nature of such products. If the risks involved seem unclear to you, please apply to an outside specialist for an independent advice. Roboforex ltd and it affiliates do not target EU/EEA clients. Roboforex ltd and it affiliates don't work on the territory of the USA, canada, japan, australia, bonaire, curaçao, east timor, liberia, saipan, russia, sint eustatius, tahiti, turkey, guinea-bissau, micronesia, northern mariana islands, svalbard and jan mayen, south sudan, and other restricted countries.

At roboforex, we understand that traders should focus all their efforts on trading and not worry about the appropriate level of safety of their capital. Therefore, the company took additional measures to ensure compliance with its obligations to the clients. We have implemented a civil liability insurance program for a limit of 5,000,000 EUR, which includes market-leading coverage against omissions, fraud, errors, negligence, and other risks that may lead to financial losses of clients.

Welcome to fxchoice

We’d like to take this opportunity to warmly welcome you to our website.

Firstly, a little bit about us and what we do. Over the last few years we have emerged as a leading online broker, specialised in forex and CFD trading for private clients, as well as institutional investors and fund managers alike.

Our wide range of products and services cater to a broad spectrum of traders, so please feel free to peruse our website and find out which of our products works best for you and your trading needs. We position those needs at the centre of our ethos, so our award-winning customer service is there to assist you in making fxchoice, the right choice.

Due to the highly-competitive nature of the online trading field, for us a focus on technology is paramount, as we believe being ahead of the curve in this area gives us the edge on our competitors. Coupled with this emphasis on technology is our dedication to security; we work tirelessly to ensure the protection of your data and guarantee the safety of your transactions.

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Risk warning: forex, spread bets and cfds are leveraged products. They may not be suitable for you as they carry a high degree of risk to your capital and you can lose more than your initial investment. You should ensure you understand all of the risks.

FX choice limited is authorised and regulated by the IFSC (licence number: 000067/96)

FX choice limited registration number: 105,968

so, let's see, what was the most valuable thing of this article: is paxforex a regulated forex broker or a scam? Read our full in-depth paxforex review and comments by many forex traders before you open a forex account. At paxforex login