Opinions and information about the broker PaxForex
¿Is the broker PaxForex (aka paxforex.org) really trustworthy? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
✔️ The PaxForex broker is a broker of: Forex and CFDs.
✔️ The broker mentions be part of: do not mention it.
✔️ PaxForex is based on: they don't mention it.
✔️ If we talk about regulation, the PaxForex broker does not mention absolutely anything about being regulated, PaxForex is an unregulated broker.
We will continue to analyze the different account types that PaxForex offers. In the case of PaxForex we note that it has 4 different plans or types of account: Cent Account, Mini Account, Standard Account and VIP Account.
🔹 Cent account- Minimum initial deposit of $ 10, spread of 2.4 pips, minimum trade size 0.0001 lots.
🔹 Standard Account- Minimum initial deposit of $ 100, spread of 1.4 pips, minimum trade size 0.01 lots.
🔹 Privileged Account- Minimum initial deposit of $ 2.000, spread of 0.4 pips, minimum trade size 0.01 lots.
🔹 VIP account- Minimum initial deposit of $ 10.000, spread of 0.4 pips, minimum trade size 0.01 lots.
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🔸 The platform used to trade is: MT4 platform.
🔸 Now, yes, we will analyze the different resources and aids that the company provides to traders on its website: we see some explanations of the products that PaxForex offers, explanation of basic concepts of the world of investments, some live charts, economic calendar, news of financial events, pips calculator, really not much more.
Additional information about the company
🔸 Phone number: +44 203 504 0303 | +44 (0) 844 507 0446
🔸 E-mail: [email protected]
🔸 Website: paxforex.org
🔸Clarification: If you think that our review is not correct, or you have a different opinion, we invite you to leave a comment in this same section - evaluation.
* Bonuses or promotions: None by the moment
With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which we have to be careful ⚠️.
Why? It is a broker that does not have a registration and is not regulated by any authority, therefore we do not know where it really is, in addition, when looking for information and other evaluations about PaxForex we found a large number of negative reviews.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
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