International offices:. UK, Thailand, Russia. Broker Status:.

Broker Type:. US Clients Accepted:. Source To Prove Volume:. Trading CFDs involves risk of loss. Forex Trading School Courses. Novice Level Courses. Advanced Beginner Level Courses. Competent Level Courses. Proficient Level Courses. The Expert Level Courses. Lot Size Minimal lot size for a Mini account: 0. Login Register. The mobile version of MetaTrader 4 is fully functional and was specifically designed to work on devices with smaller screens and internal capacities.

You can enjoy full graphical visualization, technical analysis, and even an offline mode. The application is safe and confidential, and it gives you full access to your trading history. MetaTrader 4 MultiTerminal lets you manage multiple accounts simultaneously via a single platform. It is available in four languages and supports multi-asset trading, making it a popular choice for account managers.

You also get all the classic features from MetaTrader 4, including complete and partial closing positions, news updates, and broker emails.

Payment Methods

The broker considers the following best execution factors: price, costs, speed of execution, likelihood of execution, likelihood of settlement, size of order, and market order. The best execution criteria also include the characteristics of the client, client order, financial instruments, and execution venues. When executing orders, PaxForex may act as the principal execution venue, or it may act as an agent with a third party serving as the execution venue. Although PaxForex does not share its execution speed, our testing and various client reviews have confirmed that it is fast, reducing the risk of requotes.

PaxForex Company Overview

VIP account holders receive priority execution. When you trade with PaxForex, you will be able to trade forex, precious metals, stocks and shares, and cryptocurrencies. Only the first two of these are available on Cent and Mini accounts while all four asset classes are available on Standard and VIP accounts. With over instruments, PaxForex offers plenty of opportunities for diversification in your trading strategies. With over 60 currency pairs to choose from , PaxForex allows you to trade majors, minors, and exotics.

For forex, Cent accounts feature four-decimal pricing while Mini and Standard accounts have five-decimal pricing.

The range of currency pairs available on PaxForex allows you to take advantage of fluctuating conditions around the world in various ways. You will find that each USD, EUR, and GBP are paired with numerous other currencies , giving you multiple ways to trade your favorite currency, no matter how popular it is. The good news is that the spreads and swaps on spot metals at PaxForex are very competitive.

The broker offers over 40 different share CFDs. Ranging from Disney to Home Depot, this wide range of companies allows you to choose trades based on your interests. Share CFDs have pricing to two decimals, lot sizes of one, and minimum contract sizes of PaxForex is among the growing number of brokers that offer cryptocurrency CFDs for trading.

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PaxForex gives you the chance to trade popular cryptocurrencies via CFDs. Of the 4 currencies available, Bitcoin is the most popular, but the ability to trade Litecoin, Ripple, and Ethereum too will be appealing to all crypto enthusiasts. Cryptocurrencies are priced to two decimal places and have minimum contract sizes of 0.

Lots for Bitcoin and Ethereum are 1, while those for Ripple and Litecoin are Although PaxForex does not offer a social trading platform, experienced traders can join a copy trading program. This allows you to profit even further from your knowledge and successful trades. To start copy trading at PaxForex, open a regular account and attract clients. Our review of PaxForex finds that this forex broker truly excels when it comes to research tools and resources.

To help you to increase your profits, the broker offers a detailed forex calculator, trading news, forex analysis, fundamental analysis, an economic calendar, and more. PaxForex offers news on their blog page. You can benefit from a wealth of trading signals and indicators at PaxForex via the MetaTrader 4 platform.

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At PaxForex, trade ideas are supplied daily. You can check out both the Daily Technical Analysis and Daily Fundamental Analysis pages for insights on the markets, as well as clearly outlined trading ideas. The articles on specific assets tell you when to place a trade and the recommended position. In many cases, there are even multiple trade ideas depending on the market conditions and the performed technical analysis. PaxForex comes complete with a wide range of educational content and resources, to ensure that beginner traders are properly supported.

Our reviewers were happy to find PaxForex offers a comprehensive multi-lesson course, as well as dozens of educational videos divided into convenient categories.

There is also a glossary and a blog filled with educational articles, both of which are accessible without logging in. Head to the educational video section of PaxForex, and you will find more than enough MetaTrader 4 tutorials.

Forex trading account types

These teach you everything you need to know about using the platform so that you can get off to a flying start even with no previous experience. In addition to a highly descriptive and detailed video on MT4 Mobile, there are nine other videos on MetaTrader 4. These videos range from a basic introduction to using charts.

Other topics include opening and closing trades, downloading the platform, opening an account, automated trading, risk management tools, and pending orders. Blogs and news articles are posted almost daily, and they include a range of educational topics for all skill levels. The blogs are an excellent educational resource that we encourage you to take advantage of.

That small selection alone showcases how these educational articles appeal to all skill levels.

There are nearly limitless articles in this area, as you can access archives which date as far back as PaxForex has dozens of educational videos for clients to watch. Most videos are locked until you register, however you can review a selection before deciding whether PaxForex is for you. If you do decide to begin the PaxForex video course, there is a progress bar that shows you how many videos you have watched to track your achievements.

Our PaxForex review team strongly appreciates the trading course that the Forex broker offers, as this is a great tool for beginners. You must log in to access the course, but it is completely free for all account types. If you are a new trader you should have plenty to gain from nearly all of the above topics, while even if you are an experienced trader there are lessons to learn in the last two or three sections.

This glossary is alphabetized with drop-down menus, to make finding relevant definitions as easy as possible. Each term comes with a short, clear description. Both existing clients and our PaxForex broker review team agree that the broker offers high-quality customer support options that you can count on. The inclusion of fax support is becoming increasingly rare, giving PaxForex a strong advantage if you prefer that method. For added support, both Standard and VIP accounts receive personal managers. This provides a convenient contact point, so you do not have to worry about dealing with multiple different PaxForex team members.

PaxForex does have an FAQ section, but it is somewhat thin. There are only a dozen or so questions, although all of the answers are useful. As we reviewed PaxForex, we tested the broker on a variety of devices. The entire PaxForex website is viewable via a mobile device too and offers full functionality. You can register, review your account, deposit, and withdraw from wherever you may be.