Pax forex bonuses

You are unlikely to find a more comfortable forex broker than paxforex. Our company provides forex customers the best possible conditions for successful forex trading.

Free forex bonuses

Forex Broker PaxForex, pax forex bonuses.

We have offers for both beginners and experienced traders. There are also many different bonuses, which are designed to help any forex trader in his profitable trading. The main engines of our progress at the financial trading forex market are spotless reputation, focus on customers and innovative approach to business development. Our achievements have been confirmed by the successes of every one of our forex traders. Today we are a well-known lowest spread forex broker trusted by hundreds of thousands of customers worldwide. We assure you that working with paxforex ensures the highest level of service, strict compliance with all the terms of trading, and reliability provided by the most advanced forex technologies. Our basic principle is work in the interests of the client and providing optimal conditions for a comfortable and profitable forex trade. And we remain committed to this principle, all the way to company’s development. Our clients use the best forex broker trading technologies. They have constant access to the information data and major news from the world leading informational agencies. Our great team of analytics every day publishes an impressive amount of extremely useful information of technical and fundamental analysis, as well as economic news. Today our services are used by forex clients around the world: from asia to north america. Among them are beginners of the forex trading and professionals of this financial market. By opening an account with paxforex broker, you get full access to all features of the online brokers forex market, CFD, futures trading and commodity markets (goods). After a simple registration process, you will get complete freedom in choosing the account that best fits your individual needs. In addition, we offer a very wide variety of forex bonuses, which you can use immediately. Our employees are working every day with our customers and provide them with comprehensive support. Regularly updated news of the financial markets, the economic calendar of events and all types of market analytics provide our forex clients access to the latest information they need to make the right decisions in their trading process. We also believe that beginning FX trader will have with us great opportunities to gain experience, deep knowledge together with risk-free trading on demo and free bonus accounts. This will bring them a big confidence and a wish to earn more by investing and opening our standard forex accounts. Paxforex is determined to maintain the selected rate and increase the pace of development. We hope that this will help us to win the confidence of traders in new regions of the world and to hold our forex market leadership.

Forex broker paxforex

You are unlikely to find a more comfortable forex broker than paxforex. Our company provides forex customers the best possible conditions for successful forex trading. We have offers for both beginners and experienced traders. There are also many different bonuses, which are designed to help any forex trader in his profitable trading. The main engines of our progress at the financial trading forex market are spotless reputation; focus on customers and innovative approach to business development. Our achievements have been confirmed by the successes of every one of our forex traders. Today we are a well-known lowest spread forex broker trusted by hundreds of thousands of customers worldwide. We assure you that working with paxforex ensures the highest level of service, strict compliance with all the terms of trading, and reliability provided by the most advanced forex technologies.

Our basic principle is work in the interests of the client and providing optimal conditions for a comfortable and profitable forex trade. And we remain committed to this principle, all the way to company’s development. Our clients use the best forex broker trading technologies. They have constant access to the information data and major news from the world leading informational agencies. Our great team of analytics every day publishes an impressive amount of extremely useful information of technical and fundamental analysis, as well as economic news. Today our services are used by forex clients around the world: from asia to north america. Among them are beginners of the forex trading and professionals of this financial market. By opening an account with paxforex broker, you get full access to all features of the online brokers forex market, CFD, futures trading and commodity markets (goods). After a simple registration process, you will get complete freedom in choosing the account that best fits your individual needs. In addition, we offer a very wide variety of forex bonuses, which you can use immediately. Our employees are working every day with our customers and provide them with comprehensive support. Regularly updated news of the financial markets, the economic calendar of events and all types of market analytics provide our forex clients access to the latest information they need to make the right decisions in their trading process. We also believe that beginning FX trader will have with us great opportunities to gain experience, deep knowledge together with risk-free trading on demo and free bonus accounts. This will bring them a big confidence and a wish to earn more by investing and opening our standard forex accounts. Paxforex is determined to maintain the selected rate and increase the pace of development. We hope that this will help us to win the confidence of traders in new regions of the world and to hold our forex market leadership.

$7 forex no deposit bonus – paxforex

Paxforex is currently offering USD 7 as a free welcome, no deposit bonus. Each of the new clients of the company can receive this free bonus credit once only. It is a big opportunity to earn profits without taking a risk with your money, register an account, and claim your bonus to start live trading in the world’s financial market.

$7 no-deposit welcome bonus

Ending date: promotion expired! More forex no deposit bonus

Offer is applicable: new trader

How to apply:

Like paxforex’s FB page

Like and share the post.

Write “DONE” in a direct message

Profits – need to trade 1.5 lots for every $5 profit

Bonus – bonus can’t be withdrawn

Terms and conditions – paxforex NO deposit bonus

This forex no deposit bonus might not be available for all regions, so please ask their live support and get confirmation before you apply for it.

Need to verify the account, the client has to provide proof of ID and proof of address.

The client can transfer profit to the trading account and withdraw bonus from the trading account without deposit only after 1.5 lots per 5$ profit completed

To make the first withdrawal from a bonus mini account without the deposit, it is necessary to leave a post about paxforex in any forex forum or trading community.

To verify post, the trader should provide us the link to the comment with “nickname” that use for the comment

The maximum profit that the client can transfer from a $7 bonus account to trading account without deposit is $25.

Paxforex review and tutorial 2021

Paxforex is an offshore broker offering $10 minimum deposits & MT4 trading.

Trade FX with tight spreads & 1:500 leverage.

Trade popular cryptos against the US dollar.

Paxforex is an online broker offering a range of tradable instruments across four account types. In this review, find out about no deposit welcome bonuses, MT4 platform downloads, leverage and minimum payments. Is paxforex the right broker for you?

The www.Paxforex.Com domain has been seized by the FBI due to an ongoing dispute with the CFTC in the US.

Paxforex company overview

Founded in 2011, paxforex, operating under laino group limited, is an offshore broker registered in saint vincent and the grenadines. Catering to traders around the world, the company aims to separate itself from the crowd with fast executions, low spreads and 24/5 multilingual support.

Trading platforms

Metatrader 4

With global popularity among traders, MT4 offers built-in automated trading programs, multiple order types, plus a range of technical and fundamental analysis tools. The user-friendly interface also makes it a favourite with beginners. From the cabinet login area, clients can access:

A customisable interface with dozens of technical indicators

3 types of forex charts: bar, candlestick, and line

9 time-frames for detailed price analysis

One-click trading

paxforex MT4 trading platform

MT4 can be downloaded to windows pcs and mac computers.

Metatrader 4 multiterminal

The MT4 multiterminal allows users to manage up to 100 accounts simultaneously. This option is ideal for investment managers looking to integrate multiple trading operations efficiently. Multiterminal also comes with all of the same features found in the standard MT4 software.

Head to the broker’s website to download the trading platform.

The www.Paxforex.Com domain has been seized by the FBI due to an ongoing dispute with the CFTC in the US. See below for alternative options.

Popular alternatives to paxforex in ukraine

Markets

Users can choose from five asset classes:

Forex – trade popular currency pairs like EUR/USD and USD/GBP

Stocks – invest shares in well-known global companies such as apple and google

Indices – the FTSE 100 and DAX 30, among several other global indices are available

Spot metals – diversify your portfolio with trading in gold and silver

Cryptocurrencies – four big cryptos are on offer, including bitcoin and ethereum

Trading fees

Paxforex offers commission-free and competitive trading conditions compared to brands such as hotforex. Spreads on major forex pairs such as the EUR/USD start from 0.4 pips with the standard account. For indices, spreads start from 9 pips on the FTSE 100. Cryptocurrency spreads start at 3 pips.

Other fees include overnight swap charges as well as an inactivity fee charged to dormant accounts.

Paxforex leverage

The maximum leverage offered across all account types is 1:500. Leverage is an excellent tool if you’re looking to take larger positions than your capital allows. However, it also increases the size of potential losses.

A margin calculator can be found in the trading tools section of the broker’s website.

Mobile apps

Paxforex’s clients can trade on the MT4 mobile app, which can be downloaded for free to any smartphone device, including android (APK) and iphone (ios). The app allows for full account management with just an internet connection. Mobile traders also benefit from dozens of built-in indicators, multiple charts and graphs, plus push notifications and news alerts.

Paxforex MT4 mobile

Payment methods

Deposits

Paxforex offers several fast and fee-free deposit methods, including bank transfer, card payments, e-wallets, and cryptocurrencies. All deposit methods are credited in 1 hour, except for bank transfers which take 3 – 5 working days, and cryptos which take around 1 day. The minimum deposit is $10.

The broker doesn’t charge any deposit fees but will recover intermediary fees for deposits over $300, except for bank transfer. Details of fees charged by card or e-payment systems are listed on the website.

Withdrawals

Most withdrawals are credited in 1 working day, apart from bank transfers which take 4 – 7 business days, and credit/debit cards which take 5 – 15 business days. Again all methods are free on the broker’s side and the minimum withdrawal is $10 across most methods.

Speak to the customer support team using the details below should you encounter any withdrawal problems.

Demo account

A demo account is a great way of gaining experience in forex trading and to practice strategies in a no-risk environment.

Paxforex offers a free MT4 demo account where users can set their own amount of virtual funds. The account is available for an unlimited period of time, as long as you are active on the account. Accounts left dormant for 90 days will be deactivated.

Bonuses & promotions

Paxforex offers a 100% loyalty deposit bonus which matches deposits over $1,200 up to $10,000. The bonus is paid out monthly over 12 months and can be stacked. Also check the broker’s website when you open an account as they occasionally offer no deposit welcome bonuses.

Always check bonus terms and conditions before you start trading.

Regulation

Laino group limited (paxforex) is registered with the financial services authority (FSA) in saint vincent and the grenadines. This is not a reputable regulatory agency and does raise potential scam concerns. We’d recommend considering brokers regulated by more trusted bodies, such as the cysec.

Unfortunately, the broker doesn’t provide any information on whether it segregates client funds in separate bank accounts.

Additional features

Paxforex offers clients a range of educational resources and trading tools for beginners and experts, including:

Forex news and blog

Copy trading service

Educational guides

Economic calendar

Daily forex signals

Forex calculator

paxforex economic calendar

Account types

Paxforex offers four account options, all offering leverage up to 1:500:

Cent – $10 minimum deposit, 2.4 pips minimum spread, 0.0001 minimum lot size, USD account only

Mini – $100 minimum deposit, 1.4 pips minimum spread, 0.01 minimum lot size, USD/EUR/GBP account

Standard – $2,000 minimum deposit, 0.4 pips minimum spread, 0.01 minimum lot size, USD/EUR/GBP account, education resources, shares available, personal manager

VIP – $10,000 minimum deposit, 0.4 pips minimum spread, 0.01 minimum lot size, USD/EUR/GBP account, education resources, shares available, personal manager, priority execution

Islamic swap-free conditions are also available upon request with the mini, standard, and VIP accounts.

Benefits

Benefits of trading with paxforex include:

Daily free signals

MT4 multiterminal

Copy trading service

$10 minimum deposit

MT4 platform download

100% loyalty deposit bonus

Drawbacks

Problems highlighted in paxforex.Com customer reviews include:

Untrustworthy regulator

Trading hours

Server times for each market are listed below. All times are GMT+2 and GMT+3 in the summer.

Cryptos – 00:00 – 23:59 monday to friday

Metals – 01:00 – 24:00 monday to friday

Shares – 16:30 – 23:00 monday to friday

Forex – 00:00 – 24:00 monday to friday

Indices – varies, check the website

Support

Trading support is available 24/5 in multiple languages:

Email – info@paxforex.Com

Telephone – +44 2035040303

Online contact form – contact us page

Live chat – available in english, russian and thai

Reviews of customer support at paxforex are decent, with reports of reliable staff on-hand to respond to most queries. For the quickest recourse, we’d recommend using the live chat service.

Paxforex is headquartered at suite 305, griffith corporate centre, kingstown, saint vincent and the grenadines.

Security

MT4 uses industry-standard security protocols which include SSL encryption, as well as a dual-factor authentication option at the login stage. Transactions within the client area are also encrypted.

Paxforex verdict

Paxforex offers a good range of assets with low spreads and leverage up to 1:500. The ECN broker also provides a choice of four competitive account types that suit all levels, as well as several deposit and withdrawal options. The only real disappointment is the lack of reputable regulatory oversight.

Accepted countries

Paxforex accepts traders from australia, thailand, united kingdom, south africa, singapore, hong kong, india, france, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.

Traders can not use paxforex from united states, germany, canada, japan, new zealand.

Does paxforex offer a no deposit bonus?

At the time of writing, paxforex isn’t offering no deposit welcome bonus deals. A 100% loyalty deposit bonus is available on payments over $1,200, however. Traders should check the broker’s website for news of future promotions.

Does paxforex accept US clients?

No, paxforex does not accept US clients. The broker does, however, accept clients from most other countries.

What should I do if there’s a problem with my paxforex withdrawal?

Withdrawals can be made from within the paxforex cabinet area but if you need any help you can contact the customer support team by email, phone, or live chat.

Is paxforex legit?

Paxforex is a legitimately registered company, however, it is not rigorously regulated despite 10 years of industry experience. Interested traders should conduct thorough research before depositing money with offshore brokers.

How do I register for a paxforex demo account?

You can register using the link on the main page, which will take you to an online registration form. Once you have filled out your personal details, you will receive an email containing your mypaxforex cabinet and MT4 login credentials. Download the MT4 platform and start trading right away.

Paxforex

Promotion name: new year promo 2021 – bonus wheel

Bonuses:
1. “50% or 90% discount VIP” bonus
2. “50% discount standard” bonus
3. “free VPS” bonus
4. 50% off on “100% deposit” bonus
5. “10%, 15%, 20% or 30% deposit” bonuses

Withdrawal requirements:
the bonuses cannot be withdrawn.

More information:
you need to make a deposit equal or above required amount to get the prize that you won and send a request.

Information about the broker:
paxforex is non-regulated broker which offers accounts from $10, leverage up to 1:500 and spreads from 0.4 pips.

Promotion valid: until february 1st, 2021

Do you recommend this bonus?

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�� paxforex | $7 no-deposit welcome bonus

Link:$7 no-deposit welcome bonus from paxforex

Dates: all year 2018

Available to: new clients

Bonus: $7 on live account, no deposit required.

How to get: register a new mini account.

Withdrawal: trade the required number of lots to withdraw the bonus.

Latest promotions:

Extra promotions:

Mduduzi

Good forex brokers I recommend

Mduduzi

Queenbaby

My experience with paxforex so far is good the bonus is cool if you understand the terms and there support is helpful too.

Mahmoud abdelgany

Best forex bouns i trust paxforex

Mahmoud abdelgany

Paxforex is a good broker. Trading conditions are usual for trading market, many brokers are trying to attract new clients and are offering great options, which paxforex doesn’t have. Though this broker has a huge advantage: it is very reliable

@bathangers. Getting 15$ for 1,5 lot with profit 1 pips i(if you get profit from all of your trades) LOL. How if you get some loss. I think you are nob

Arinzechukwu

Pax forex made me proud last year when i made my first withdrawal through the timely help of my account manager i recommend pax forex for any one looking for a reliable broker.

Bathangers

HAHAHAHAHAHAHAHA ARE YOU KIDDING?

1.5 lot with profit 1 pip, ALREADY WORTH $15.
But you can only take $5.

These good comments with 5 stars is so FAKE.

Tri cahyono

Good the best respon fastest

FX_MOOSE

Very fast verification, deposited the 7USD instantly after verification, will try working on the account and update if im able to withdraw profits

Anamul kabir

I have been trading with paxforex since 2018. Excellent retail broker with good online support I did not have any issue of deposit and withdrew it takes very short time in payment. My account manager was so supportive as well as always ready to help. I strongly recommend new traders to trade with paxforx. Welcome bonus $7 is awesome.

Naveed ullah khan

My personal experience about paxforex was very good, it's quite a decent broker. Terms of trade are average. I have never noticed that the broker interfered with the work. I am satisfied with the paxforex, they have very good support. Paxforex is one of good broker, fast executions, latest fx news for client information, very helpful broker. Administrative so fast. I trust in their discipline. Personally I was tempted by low sperades, the lack of slippage and swaps,the minimal requote as well as the easy to understand and user-friendly website. Paxforex is different from other brokers, paxforex have a lot of ways to deposit and withdraw and give the new customer a lot of promotions to make them feel comfortable with trade in paxforex.

Vsadnik

It's quite a decent broker. Terms of trade are average. That's what really attracted me and because of what I trade and so far I do not intend to change the broker, so this is exceptional honesty. I have never noticed that the broker interfered with the work.

Tupaifx

Paxforex was founded in 2011 by professional traders with a lot of experience in forex, stocks, options, cfds and others. The one of the largest brokers who are give comfortable trading conditions to their customers. They have good support by their website, live chat and also email to help every client, so they provide service for trading at the financial markets with a lot of tutorials and trading tools, paxforex was also one of the best brokers with a great spreads, instant executions and excellent quality of customer support.

Their goal is the opportunity to create for the clients fairest, most flexible and most stable environment for trading. Thank you very much paxforex.

Afamsqueen

I have know paxfoerex, for 3 years now, i must rate them five stars they are reliable not only that they can be trusted the support is supper fast placing order is one click execution i rate them 100% in terms of deposit and withdrawal. My experience working with them is great. I recommend them.

Paxforex – laino group

Paxforex was founded by a team of professional traders with the help of investors. The owners of the company have extensive experience in forex, stocks, options and cfds markets as traders and dealers. We have gained our experience by working in managerial positions with the largest brokers, who are now our major competitors. Even though we are not a company of a big size, we are big enough to always meet our customers’ demand on time, and small enough to provide unique products and services in the industry.

As traders we know by experience exactly what our clients deserve. Providing services and trading at the financial markets is all we do. Our knowledge and experience has provided us with the opportunity to create for you the fairest, most flexible and most stable environment for trading.

If you’re looking for a company where you get the same people on the phone year after year, you’ll be happy with paxforex. The paxforex customer support team is available 24-hours a day, 5 days a week via live chat, skype, email, call back request and telephone. Our philosophy is creating a strong bond between company and customers, and that has helped us to keep high industry standards. That’s why many customers around the world decide to work with paxforex and recommend us to other customers.

The best part of our business is meeting people like you that are pushing their trading strategy to a new level. People that aren’t afraid to explore new fields and new markets. People that are thinking ahead to maximize their profit and the security of their funds. People that are providing a service. And, more recently, people that have been made redundant, and are starting their own businesses.

Paxforex does not charge any fees for the international transfer of funds from your forex account, except for credit / debit cards (2.5%), since it is necessary to cover the costs associated with payment processing system through credit cards. Additional surcharge may be associated with certain conditions of the payment system, or with the interest of banks for maintenance operations for the withdrawal of funds.

To provide the best trading experience for our clients, paxforex offers traders competitive low spreads for any trade size with no restrictions or commissions. Prices are collected from the most reliable and reputable liquidity providers and the best BID/ASK is presented to our clients without any intervention or manipulation.

To provide the most advantageous trading environment for all account types paxforex gives variable leverage; from 1:1 for the old-school conservative traders to 1:500 for aggressive ones. Please remember that highest leverage increases your initial deposit as well as possible trading risks.

Do you want to know how to start trading or how to withdraw your first forex million? Or even not the first one? Well, we really can help you with that! Around the clock 5 days a week!

Brokerage info:
legal name: laino group
operational since: 2011
domiciled country: saint vincent and the grenadines
headquarters city: saint vincent and the grenadines cyprus
international offices: london, UK
regulation: non–regulated
monthly volume in USD: undisclosed
number of liquidity providers: tba
managed account services: no
markets/instraments: forex, stocks, commodities
parent/subsidiary/affiliations: privately held firm

Account parameters:
broker type: ECN/STP
account types: cent\fix\mini\standard\VIP
MAM/PAMM accounts: no
min. Deposit: $10
minimum lot size: 0.001 (micro) lots
max leverage: 1:500
spread type: variable
execution type: market
payment options: visa\mastercard, bank transfer, bitcoins, ethereum, upaycard, webmoney, okpay, fasapay, kiwi, neteller, unionpay, perfectmoney
withdrawal options: same as deposits
accept US clients: yes

Trading features:
currency pairs total: 60+ currency pairs, 2 metal pairs, 40+ american stocks
trading platforms: MT4
commission fees: 14/11/8/7-standard/advanced/premium/VIP
news trading: no
mirror/social trading: coming
scalping: yes
hedging: yes
expert advisors: yes
swap free: yes
API support: no
OCO orders: yes

Paxforex review

Regulated by: FSA

Headquarters: saint vincent and the grenadines

Ranking: 17

Spread: as low as 0.4 pips for EURUSD

Leverage: 500:1

Minimum deposit: $10

Paxforex review & author's comment

Paxforex was founded by a team of professional traders in 2010 and is registered in saint vincent and the grenadines. The company’s owners have extensive experience as traders and dealers in the forex, stocks, options and cfds markets. They have gained their experience through working for the prestigious forex brokers for years in managerial positions.

The broker provides traders the advantages to use an offshore forex broker with quick registration procedure, low trading fees and a high leverage of up to 1:500. Although paxforex is regulated by any financial watchdog, it has become a praised forex broker among retail forex and CFD traders in recent years. The broker owes these praises to its welcoming policy to accept traders from all over the world, including the united states.

Paxforex account types

Paxforex offers a variety of different account types to ensure that there’s something for every need, from the newbie traders to forex veterans. There are a total of four trading accounts types for the traders’ choice; cent, mini, standard and VIP.

Cent: cent accounts allow traders to execute trades with much lower contract size. Thus, it is recommended for newbie traders to train and improve their trading without staking a lot of money. Paxforex requires at least $10 for cent accounts, though, $100 is suggested. Spreads begin at 2.8 pips for this type of account. The maximum leverage for cent accounts is 500:1 and clients can use the private VPS service for a monthly fee of $25.

Mini: this account is intended for new forex traders just like the cent account. A minimum deposit of $10 is expected but the suggested deposit amount is $500. Spreads go down as low as 1.4 pips. Accounts are available in USD, EUR and GBP and maximum leverage is 500:1. Margin call and stop-out rates are set at 10 percent and 5 percent respectively and traders can opt for swap-free account on request, plus all other features listed under cent account.

Standard: required minimum deposit for a standard account is $2,000 deposit amount. However, paxforex suggests an initial deposit of $5,000. Spreads start at 0.4 pips for this type of account and traders also are offered free training services. The minimum volume lot is set at 0.1, and traders are also assigned to personal account manager in addition to the entire services provided for mini account.

VIP: VIP account is intended for veteran and risk-taker forex traders. This account comes with the lowest trading fees and direct access to their own dedicated account manager via phone, live chat or email. It requires a minimum deposit of $10,000. However, the broker recommends a minimum deposit of $50,000. The VIP account traders can benefit from VPS services for free along with all the other services that are provided under the other account types.

In addition to the account types mentioned above, paxforex offers swap-free accounts for clients of muslim beliefs who cannot earn or pay any interest due to sharia law.

Paxforex customer support

Paxforex clients can access customer support through a variety of options including phone, email or live chat. All of these methods are available for 24/5 and competent to respond to the inquiries from existing and future clients with the most useful and accurate information.

The broker also provides a helpful FAQ section in addition to these contact options which features comprehensive answers to many of the most frequently asked questions.

Email: [email protected]

Telephone: +44 203 504 0387

Fax: +44(0)844 507 0446

Paxforex trading platforms

Paxforex provides the industry’s most commonly preferred trading platform, metatrader 4. The MT4 platform is available in its traditional desktop format, as well as on mobile devices via the MT4 mobile platform.

Metatrader 4 remains one of the industry’s most successful forex trading platforms, and is viewed by many as the pinnacle of forex trading platforms. MT4 has been a highly effective, and user-friendly platform for forex traders for more than a decade. To paxforex none of that has changed.

The MT4 desktop version is a platform which is visually simple but technically powerful. The platform allows traders to utilize a plethora of charting tools and technical indicators without any extra fee. Traders who wish to automatize their trading strategies can also make use of expert advisors (EA).

Paxforex withdraw and deposit methods

Paxforex clients can choose withdraw and deposit funds into their account through wire transfer, credit / debit card, neteller, skril, okpay, qiwi, fasapay, perfect money, webmoney, unionpay, bitcoin, ethereum and uphold.

For most methods, the minimum deposit is either $10 or $30, but for wire transfer, which usually takes between 3 and 5 business days, the minimum deposit amount is set at $100. All methods, except perfect cash, okpay, unionpay and neteller incur some kind of fee when you deposit and withdraw.

The minimum withdrawal is $10, but it is $30 for unionpay and $100 for wire transfer and credit / debit card.

Paxforex trading instruments

Paxforex offers trading services in forex, precious metals, company shares and cryptocurrencies. All major forex pairs, minors and various exotic currencies are available for investing. The spreads vary depending on the type of account that the client has selected.

The major pairs such as EURUSD, GBPUSD, USDJPY and USDCHF charge a spread of 0.3 pips to 3.0 pips depending on the account type. On the other hand, the spreads for minor pairs such as AUDJPY, EURJPY and GBPJPY change from 2.0 pips to 12 pips according to the account type.

Apart from forex pairs, paxforex provides opportunity to speculate on gold, silver, bitcoin, ethereum, ripple, litecoin and company shares.

Paxforex bonus and promotions

100% loyalty deposit bonus – paxforex doubles your margin for every $1200 deposit. This is a stackable bonus which means that you can activate the 100% for every deposit of at least $1200 with the condition that at least 31 days have passed following the previous deposit.

Other bonus and promotions – various arbitrary bonuses and promotions such as 4th of july independence day bonus, labor day promo, etc…

Does paxforex accept US clients?

Yes, paxforex accepts clients from the US.

Paxforex review final word

Paxforex is not regulated but follows a pro-customer approach with attractive trading conditions and superior client relations. Maximum leverage is 500:1 and spreads could lessen as low as 0.3 pips depending on the account type. Traders can invest in precious metals, company shares, cryptocurrencies in addition to forex pairs through the state-of-art metatrader 4 trading platform. A notable further benefit of paxforex is the 100% loyalty deposit bonus which doubles the client’s margin for every deposit over $1200. Along side all the other things being said, paxforex is another off-shore choice for US clients who are in search of a forex brokers.

Paxforex – laino group

Do you want to know how to start trading or how to withdraw your first forex million? Or even not the first one? Well, we really can help you with that! Around the clock 5 days a week!

Paxforex review (#1 rated broker!)

Paxforex is currently my #1 rated forex broker. I’ve been dealing with this group for over 5 years, and have nothing but positive experiences to report. All of my withdrawals have been fast, on time and the support response times are exceeding my expectations.

They are available in most countries including australia, united kingdom, france, south africa, thailand, hong kong, india, qatar, luxembourg, saudi arabia, italy, kuwait, denmark, sweden, norway and many others. They are currently not available in the united states, germany, japan and new zealand.

Founded in 2010, the paxforex brokerage is located at 1825, cedar hill crest, villa, kingstown, st. Vincent and grenadines. They are regulated by the SVGFSA, and require a minimum deposit of just $10 in order to get started.

Paxforex review

There are many reasons why paxforex is my top broker choice for active forex traders in the countries they’re available. Obviously, my personal experience with the group is what matters most to me, but there are specific features and benchmarks that I require.

Firstly, they provide access to the metatrader 4 platform, which is still the best platform for all forex traders. Over 90% of my accounts are in MT4, and only 10% of them are in MT5. I still don’t see a major reason to utilize the MT5 platform, unless you are doing exhaustive testing of trading strategies. For trading, especially with forex robots, you are best sticking to the MT4 platform as it has a much longer track record of reliability.

Next, paxforex offers incredible execution times with “industry leading datacenters in london (equinix LD4) and new york (equinix NY4).” with these hubs, connected via fibre optic cables, trades are processed fast and efficiently.

Lastly, is their low spreads. I like to make quick trades, frequently scalping the markets with different automated trading solutions, and low spreads are necessary for this. So, it’s perfect that they are able to meet my demands for low spreads even on their cent accounts.

Account types

For traders interested in opening an account with the paxforex brokerage, there are three different account options available. Traders can sign up for a mini account with a minimum deposit of $100. This account offers traders a minimum spread of 1.4 and a minimum lot size of 0.01. Next, there is the standard account which requires a $2000 deposit and offers a minimum spread of 0.4 and a minimum lot size of 0.01. Last is the VIP account, which requires a $10000 deposit and provides traders with a 0.4 minimum spread.

Each account meets market requirements, and is in line with the other top brokers. The broker is very accessible, as traders can start with a deposit as low as $100.

Withdrawals & deposits with paxforex

Earlier in the review I mentioned that the paxforex withdrawals are fast and on time. Now, I’ll walk you through the options you have when using this broker for putting in funds and more importantly taking out your winnings.

When depositing, you will get your funds processed and ready to trade within 1 hour, unless you use a bank transfer which takes 3-5 days. In terms of options, you can use neteller, credit / debit cards, skrill, monye bookers, perfect money, webmoney, QWI fasapay and uphold. There is a small fee depending on the deposit method that you choose.

In terms of withdrawing your funds, it will generally take 1 working day to process. If you use a bank transfer there is an additional 4-7 business days for the bank to process the withdrawal. The same goes for credit cards which will add on an addition 5-15 days.

The minimum withdrawal is 10 USD for most withdrawal methods, with credit cards at 15 USD and bank transfers at 100 USD. The fees are pretty close to what you see in the deposits, ranging from 0% to 5.5% (credit cards). I generally do bank wires for all of my withdrawals.

Leverage

Paxforex provides just about ever leverage possible, going all the way up to 1:500. This is the highest you really ever want to go, as far as I’m concerned.

With 1:500 leverage, you will be able to open very large positions, giving you significantly more buying power than you would on lower leverage accounts.

Educational guides & videos

It’s common for brokers like paxforex to provide education, but rarely is it useful. In this case, there are both guides and videos aimed mostly at new traders. If you already know what you’re doing there’s really nothing much to learn here. It’s really just an effective resource for newbies or traders that want to get a bit of a better understanding of the trading process.

The videos on MT4, and MT4 mobile are great to get better acquainted with the trading platform. The rest of the videos provide helpful tidbits, but nothing that’s going to transform your ability to trade.

For more advanced information on forex trading you are better off here at forex robot nation, or at other well-known resources like forex factory, or babypips.

Technical analysis (forex signals)

While I don’t use it as often as I should, the paxforex blog is filled with forex analysis. In many cases, they will provide traders with free forex signal opportunities. These signals are available to all traders, and while they aren’t as reliable as the best forex signals providers I’ve ranked, they can be helpful when you’re just starting out.

In the example above, you can see the paxforex analyst is recommending traders take a short position on the NZDUSD pair. They provide details as to why they believe this is a viable trade opportunity and include multiple take profit levels.

Likely, this isn’t a resource that you need to rely on, especially if you use the #1 signal service I recommend, learn 2 trade. That being said, it’s nice to have the option, and I appreciate brokers that put forth an effort.

Frequently asked questions

At this time, paxforex is not accepting any US clients. There are many other options for US clients in the forex market like forex.Com, oanda and FXCM just to name a few.

2. Are there any deposit bonuses available?

There are no deposit bonuses available right now, but there’s frequent promotions running. At the time of writing this they have are providing traders with the chance to “spin paxforex new year 2021 roulette” to qualify for a prize.

3. Have you ever had any issues with withdrawals?

Personally, I have never had a single problem with a withdrawal. If you ever run into any withdrawal issues, simply contact support via phone, live chat or email to get help.

Yes, I am confident in this broker and their services.

5. What is the minimum deposit?

The paxforex minimum deposit is $100. This small deposit is great for new traders that just want to play around on a micro account to get a better feel for live trading conditions

6. I heard paxforex was seized, what does this mean?

The broker has an ongoing dispute with the CFTC in the US, which is why they are no longer offering their services to US clients.

Paxforex conclusion

As it stands, paxforex is the #1 rated brokerage here at forex robot nation. There are some areas where they can improve, like with regulation or opening their services up to more countries, but I’m confident that they will take positive steps in these areas soon.

If you are able to use this broker, then I recommend that you do. They provide everything any trader needs in order to be successful. A solid platform, high leverage, tight spreads, top of the line execution times and a fast withdrawal process.

Thanks for reading the review, and please leave your comments and reviews below the article now.

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