PaxForex

Briefly about the company

The PaxForex company specializes in the promotion of services and online trading in the financial markets since 2011. The PaxForex trademark belongs to LainoGroupLimited, the registered office of which is the islands of Saint Vincent and the Grenadines. Official partners are registered in London, Fr. Meng, Nigeria.

Regulatory organization

At the moment, the broker’s official website does not contain information about the regulatory organization.

Company Services

PaxForex provides its clients with a number of services:

  • Forex trading
  • Partnership programs
  • Studying programs

Account types

PaxForex clients can use 4 types of accounts:

Cent– suitable for beginners and for testing automated advisors.

  • Minimum deposit: $ 10
  • Recommended deposit: $ 100
  • Account currency: USD
  • Trading leverage: 1: 500
  • Lot size: 1000
  • Gold and Silver: Yes
  • Promotions: no
  • Margincall: 55%
  • Stop out: 20%
  • VSP on demand: $ 25 / mo
  • Spread: 2.0 pips
  • Minimum lot: 0.0001

Mini– optimal for beginners, as it is subject to minimal risks.

  • Minimum deposit: $ 100
  • Recommended deposit: $ 500
  • Account currency: USD, EUR, GBP
  • Trading leverage: 1: 500
  • Lot size: 100 000
  • Gold and Silver: Yes
  • Promotions: no
  • Margincall: 10%
  • Stop out: 5%
  • VSP on demand: $ 25 / mo
  • Spread: 0.8 pips
  • Swapfrey: yes
  • Minimum lot: 0.01

Standard– used by experienced traders.

  • Minimum deposit: 2000 $
  • Recommended deposit: 5000 $
  • Account currency: USD, EUR, GBP
  • Trading leverage: 1: 500
  • Lot size: 100 000
  • Gold and Silver: Yes
  • Promotions: yes
  • Margincall: 10%
  • Stop out: 5%
  • VSP on demand: $ 25 / mo
  • Personal manager: yes
  • Swapfrey: yes
  • Spread: 0.3 pips
  • Minimum lot: 0.1
  • Personal training: yes

VIP– Recommended only for professional traders.

  • Minimum deposit: $ 10,000
  • Recommended deposit: $ 50,000
  • Account currency: USD, EUR, GBP
  • Trading leverage: 1: 500
  • Lot size: 100 000
  • Gold and Silver: Yes
  • Promotions: yes
  • Margincall: 10%
  • Stop out: 5%
  • VSP on demand: free
  • Personal manager: yes
  • Swapfrey: yes
  • Spread: 0.3 pips
  • Minimum lot: 0.01
  • Personal training: yes

In addition to the above types of accounts, the company offers to useFIX accountwith a fixed 4-digit spread. This account gives you the opportunity to trade with $ 100 currency and metals. More detailed information about the account can be obtained by contacting the specialists of this broker.

Trading instruments

Provided financial instruments of PaxForex:

  • currency pairs: 60
  • shares: 34
  • metals: gold and silver

Trading platform

PaxForex provides an opportunity to work on the basis of the MetaTrader4 trading platform. The MetaTrader4 trading terminal is suitable for trading on Android, IPhone, iPad and PDA (Windows Mobile).

Training

The company conducts freeteachingonline Forex trading courses from scratch. This is a great opportunity for newbies to explore issues related to the international foreign exchange market. For more effective training, clients are invited to familiarize themselves with trading recommendations from the company’s analysts, view the sections “What is Forex” and the PaxForex Blog.

Partnership programs

The company offers participation in the following partnership programs:

IB Master– an affiliate program that provides additional opportunities for earning funds from a deposit for each client attracted by his partner, therefore it is perfect for those whose client base of active traders is quite wide.

Regional IB– designed for experienced partners who have their own client base in their region. Provides additional opportunities for expanding your own business.

WhiteLabel– an affiliate program for those who wish to try their hand at the Forex market under their own brand. Partners will be able to use the full range of administrative tools.

Spread refund– involves the return to clients of a part of the spread amount for each closed deal during a month of trading. The program is designed specifically for IB partners to attract new customers through the provision of discounts.

Account replenishment / withdrawal of funds from the account

PaxForex offers its clients a wide range of deposit and withdrawal methods: WebMoney, PerfectMoney, Neteller, bank transfer, credit / debit cards, Skrill, QIWI, OkPay, FasaPay, UnionPay, UPayCard.

Additional services

In addition to standard services, PaxForex offers its clients daily analytics and an overview of current news, which, if desired, can be used by everyone when making trading decisions.

The broker is regulated by the following regulators:

Broker is not regulated

 

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