PaxForex
PaxForex is an online trading broker providing diverse Forex and CFD trading services across over 70 tradable assets. They offer the MetaTrader 4 platform for web, des...
Tags:Forex BrokerBasic Information
Full Company Name: PaxForex (Laino Group Limited)
Country: St. Vincent and the Grenadines
Founded: 2010
Minimum Deposit: $10
Trading Platforms: MetaTrader 4 (MT4)
Minimum Trade Size: 0.01 lots
Business Model: No Dealing Desk (NDD), Market Maker (MM)
Deposit Methods: Supports multiple funding options, including credit cards, debit cards, bank wire transfers, and e-wallets (such as Skrill, Neteller)
Server Time Zone: GMT+2 (Daylight Saving Time applicable)
Email: [[email protected]](mailto:[email protected])
Phone: +44 20 8144 4433
Headquarters Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines
Regulatory Information
- No formal regulatory oversight
- License Number: Not applicable
- Regulatory Details: PaxForex operates without formal regulation, emphasizing transparency and security through its robust platform and trading conditions.
Account Types
| Account Type | Cent Account | Mini Account | Standard Account | VIP Account |
|---|---|---|---|---|
| Minimum Deposit | $10 | $100 | $2,000 | $10,000 |
| Spreads | From 2.4 pips | From 0.3 pips | From 0.4 pips | From 0.3 pips |
| Commission | None | None | None | None |
| Tradable Instruments | Forex, Metals | Forex, Metals, Energies | Forex, Metals, Energies, Indices, Cryptocurrencies, Stocks | Forex, Metals, Energies, Indices, Cryptocurrencies, Stocks |
| Trading Platforms | MT4 | MT4 | MT4 | MT4 |
| Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 | Up to 1:500 |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution |
| Swap-Free Option | Available | Available | Available | Available |
| Hedging Margin | 50% | 50% | 50% | 50% |
| Margin Call Level | 50% | 50% | 50% | 50% |
| Stop-Out Level | 20% | 20% | 20% | 20% |
| Minimum Trade Lot Size | 0.01 lots | 0.01 lots | 0.01 lots | 0.01 lots |
| Maximum Trade Lot Size | 100 lots | 100 lots | 100 lots | 100 lots |
| Maximum Number of Positions | No limit | No limit | No limit | No limit |
Relevant Navigation
FxPro is an international CFD and forex broker, regulated by the UK’s FCA, CySEC of Cyprus and the SCB in the Bahamas. FxPro’s account opening process is fast, fully online, and user-friendly. FxPro has a well-performing customer service that provides fast and relevant answers and can be contacted in many languages.
