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PaxForex Broker DEMO
PaxForex Review
Summary
PaxForex Broker is an established online CFD and Forex trading broker
Read 100% Free PaxForex Review by Scamorno Team
Details
| Broker | PaxForex Broker |
|---|---|
| Website URL | www.PaxForex.org/Broker |
| Trial | Start Trial |
| Overall Score | 9.4/10 |
FULL REVIEW OF PaxForex Broker
Are you interested in learning more about the PaxForex Broker and does it really fulfil its promises of being one of the best brokers providing traders with low spreads, fast executions and 24/5 multilingual support? PaxForex Broker is known in the industry as being one of the most comprehensive Forex and CFD brokers. They are accessible to traders from all over the world. They are an offshore broker registered in Saint Vincent and the Grenadines and has been operating under Laino Group Limited since 2011.
Offering a simple and user-friendly interfaces has made them one of the biggest favourites among traders and explains why some many beginner traders are able to get comfortable on the platform quickly. They offer trading on the MetaTrader 4 platform and comes with a multitude of features including automated trading, a range of technical and fundamental analysis tools and multiple order type options. Traders can also access the following features through their cabinet login area:
- 3 types of Forex charts: Bar, Candlestick and Line
- Customisable interface with many different technical indicators
- 1-click trading capability
- Detailed price analysis on 9 different time frames
Review Verdict: PaxForex Broker is a legitimate broker that works
What Are The Minimum Deposits And Fees To Join And Start Using PaxForex Broker’s Services?
As is a common practice in the brokerage industry, most brokers would require a minimum deposit amount to open a new brokerage account with them. with PaxForex, only a small minimum deposit of 10 GBP/USD is required to set up a new account. From our experiences with brokers, those that charge a minimum deposit amount are usually those that provide additional services that are premium and not available for free on other platforms. Therefore, a small minimum deposit amount is not something that would worry us when we are setting up a new brokerage account.
Brokers that do not charge minimum deposits usually do so as a promotion to attract new clients. However, they will tend to recoup that costs through other means, such as increase commissions and fees on their other services that may not be as obvious for traders. Therefore, if you would like to have some of the more advanced research tools and advanced trading features, then PaxForex Broker is one that we think you should check out.
What Are The Main Features And Benefits Of Using PaxForex Broker’s Services?
- Trade on MT4, MT4 mobile and MT4 multi-terminal, which allows the trading of multiple accounts simultaneously
- Access high leverage of up to 500:1
- Support options include email, phone, FAQ live chat and contact form
- Allows a multitude of trading strategies including news spike trading, scalping, EAs, copy-trading and more. It also offers ECN accounts for all clients
- Allows trading of the usual CFD offerings and also a small number of cryptocurrencies
- and much more!
Review Verdict: PaxForex Broker is a legitimate broker that works
Consumer Alert Regarding PaxForex Broker
The success of PaxForex Broker has given rise to many frauds who try to sell their own fake brokerage website in its name. This is a big issue as many customers have lost their money in joining from such fake sites. It is advised that customers should be really careful when they are purchasing and should do some research before they join from any website. To spot these, watch out and avoid sites that claim to write about PaxForex Broker, yet the write-up is completely garbage as they are created by software and spammed all over the internet. It is always better to avoid joining from any other site other than the official one. Therefore, it is highly advised that consumers do careful research, or only buy from the site from the official website here – http://PaxForex.org/BrokerOfficial (link opens in a new window). The official website that they have includes the legitimate program.
Conclusion about PaxForex Broker
In summary, we have that PaxForex Broker provides everything that a trader would need to be successful in this business. With high leverage options, stable trading platform, reliable execution times, tight spreads and fast withdrawals, they are certainly a Forex and CFD broker that any professional trader should serious consider using.
PaxForex Broker Preview: (to pause video, simply tap/click on it)