PaxForex Review Review
PaxForex was created in 2010. The company is a trading name of Laino Group Limited, which has an FSA Saint-Vincent and Grenadines license. One of the most interesting features the broke offers to the clients is a zero deposit fee. This means you can fund your account for free. The broker is suitable for both beginners and professional traders. PzxForex offers a wide range of trading instruments including Forex currency pairs, metals, Stocks, indices, cryptocurrencies.
How to create an account and start trading with PaxForex?
To become the broker’s client, you need to fill in a simple form and choose your account type. There are three of them:
- You can start with $100 only and benefit from 1.4 pips spread width and 0.01 lot size at least.
- This account type requires at least $1000 on your deposit. For this amount, you will get 0.4 pips spread width and 0.1 lot size.
- Fro $10000 you will get 0.4 pips spread and 0.01 minimum size lot.
Prior to start trading, you need to deposit funds. There are several ways to do it using bank cards, wire transfer, multiple payment systems like Neteller, Webmoney, QiWI and even two cryptocurrencies – Bitcoin and Ethereum.
Finally, when you have done with your account creation procedure, you can download a trading platform and start placing your orders there. Unfortunately, there is no web terminal, so you can’t start trading from scratch. You need to install your platform on your device first. There are plenty of versions available including mobile iOS and Android.
Education, Market research, Partnership
PaxForex pays much attention to traders’ skills offering a wide range of educational materials including:
- Articles on trading. You can find a lot of interesting posts here narrating on trading basics, forex trading peculiarities, different strategies.
- Beautiful and useful infographics on the most important topics.
- Forex Glossary containing the most important FX words and definitions.
- This section is about all the features the broker offer to the clients.
FX Research section is rich in analytics. You can find the following bullets there:
- Fundamental analysis. This section contains fundamental reviews of the most popular trading instruments.
- Forex recommendations. Another version of market analytics giving trading recommendations to PaxForex clients.
- Forex Blog. It is a set of educational materials on different trading topics.
- Forex Calendar. A very popular analysis instrument with the most important news and events.
- Forex Calculators. Here you can find a very useful Forex pip calculator.
As for the partnership, PaxForex invites different types of partners to become introducing brokers and white label companies.
The broker has a wide range of promotional programs inviting traders to participate in different campaigns. You can get a welcome bonus as well as a wide range of other gifts. For example, you can get up to 100% bonus per your account when depositing from $1200.
In case of any troubles with the platform or other services, provided by PaxForex, you can address your claims to the professional support team. They are available 24/5 via Skype, Email, Live Chat or Telephone.
well-designed Educational program
wide range of trading instruments
cryptocurrency trading
