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PaxForex.com British Virgin Islands Based Forex Trading Broker Review

Below is a Forex review of online Forex broker PaxForex.com. PaxForex.com broker is based in British Virgin Islands. Below is a list of the most common review questions that traders ask about this online forex broker.

 

Forex Broker reviews - Forex Reviews of PaxForex.com

 

 

Where is PaxForex.com trading currency broker based

Paxforex is based in British Virgin Islands, its address is:


197 Main Street,

Road Town,

Tortola,

British Virgin Islands.

 

Is PaxForex.com a licensed and regulated Forex broker

Review details of the license, registration and regulation of this FX broker cannot be found on the brokers website.

PaxForex is not regulated by any Financial Regulatory authority.


 

What is the execution method of PaxForex.com

Non Dealing desk execution of orders.

 

Forex Brokers Ratings - What is the Ranking of this Broker

The forex broker rating of this broker can be found on this forex brokers comparison listing:

 

What are the spreads of PaxForex.com

The Forex broker spreads are:

 

 

 

Currency Spreads

Currency

Spread

EURUSD

2 pips

GBPUSD

3 pips

USDJPY

2 pips

USDCHF

3 pips

 

 

 

Spreads may change depending on account type and volatility.

 

Financial Instruments provided for trading by PaxForex.com

Currencies

Metals

 

What are the Account types of PaxForex.com online broker

Accounts provided are

  • Mini Account
  • Standard Account
  • VIP Account

 

 

Does PaxForex.com broker have Islamic Forex Trading Accounts

This broker does not provide swap free Islamic Trading Accounts.

 

What are the terms for demo trading accounts for PaxForex.com

This broker provides demo trading accounts for practice currency trading.

 

How is the withdraw and deposit process of PaxForex.com

Bank wire, credit card, debit card, Skrill, WebMoney and Liberty Reserve Money transfer methods are provided for deposit and withdraw of funds.

Bank wire has no fees charged

 

Credit card fees – 2.5% for deposit and withdraw

MoneyBookers Fee – 3.9% for deposit and withdraw

WebMoney – 0.8% for deposit and withdraw

Liberty Reserve – 0.1% for deposit and withdraw

 

Recommended Forex Broker

Takes 4 to 6 weeks to open an account, open early: Read The Article "Account Opening Procedure"

Choose the Top Forex Broker: Read The Review "Top Forex Broker Review"

 

What is the minimum account opening capital for PaxForex.com

  • Mini Account - $10
  • Standard Account - $300
  • VIP Account - $10,000

 

 

Does PaxForex.com give an account opening deposit bonus

25% account opening deposit bonus is given by PaxForex up to $1,000 dollars.

 

What is the security and reliability of PaxForex.com

What is the Forex broker ratings for PaxForex.com security and reliability

This broker is not regulated by any Financial Regulatory authority.


 

Does PaxForex.com accept scalping

This broker allows scalping trading.

 

Does PaxForex.com give free trade education to currency traders

This broker provides learn currency trading education for learn trading online.

 

PaxForex provides a learn trading guide for beginner currency traders, where traders can learn about what is trading, currency analysis, currency charts, technical analysis, trend lines and other learning tutorials.

 

What are the trading platforms of PaxForex.com currency broker

Metatrader4

iPhone trader

Android Trader

Metatrader4 MultiTerminal

Mobile Trader

 

Is PaxForex.com a MetaTrader 4 Forex broker

This currency broker provides MetaTrader 4 software which is the best currency platform according to traders reviews.

 

This trading platform MetaTrader 4 can be downloaded from the broker’s website.

 

 

Does PaxForex.com allow automated forex trading

The broker automated trading policy on automated currency trading is:

 

This broker allows Expert Advisors automated forex trading on their metatrader4 platform.

 

What are PaxForex.com broker website sections

The website sections of this trade broker are:

 

Forex Trading Accounts Section: where currency traders will find information about forex accounts such as demo practice account and live accounts provided by this currency broker. Traders wanting to start trading can open an account from this section.

 

Contact Section: there is a section of contacts for this fx trading broker, where an fx trader can contact this online broker.

 

Forex Trading Platforms Section: this section provides currency platforms where a trader can choose one for trading online.

 

Trading tools section: for blog discussions, market analysis and currency trading calculators.

 

CFD trading section: for information about CFD trading and CFD instruments specifications.

 

 

Takes 4 to 6 weeks to open an account, open early: Read The Article "Account Opening Procedure"

Choose the Top Forex Broker: Read The Review "Top Forex Broker Review"

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