how-to-open-paxforex-mt4-fx-trading-account how-to-open-paxforex-mt4-fx-trading-account

PaxForex vs USA Brokers

Since its inception in 2011, PaxForex has been offering services to a vast clientele of 190,000 customers globally, including those in the USA.

When compared with local USA brokers, PaxForex stands out with several significant advantages.

For instance, PaxForex offers a higher leverage of up to 1:500, which is a stark contrast to the 1:50 leverage typically provided by US brokers.

This means, while trading with a US broker requires at least $2,231.70 as margin to open 1 EUR/USD Standard Lot, with PaxForex, you only need $223.17 for the same.

Additionally, PaxForex offers lower spreads, starting from 0.4 pip on a Standard account and 0.8 pip on a Mini account.

Moreover, trading with PaxForex is commission-free, and the company even covers all fees for deposits amounting to $300 or more.

The range of trading instruments is broad, encompassing over 60 currencies, various cryptocurrencies, and commodities like gold and silver, along with American stocks.

PaxForex employs STP+ECN market execution, ensuring no requotes and that all deals are executed at market price.

There’s no FIFO (First In, First Out) rule, allowing traders the flexibility to close their positions in any order they choose.

The platform supports scalping, copy trading, and the use of Expert Advisors (EAs), enhancing the trading experience.

Additionally, PaxForex does not charge any commission on deposits starting from $300.

These features collectively make PaxForex an attractive option for those seeking a trusted broker with reasonable pricing.

Go to PaxForex Official Website

What is PaxForex?

Since 2011, PaxForex has been a standout choice in the Forex trading world, offering its services to over 190,000 clients globally, including those in the USA.

Known for its competitive edge, PaxForex provides numerous advantages over local USA brokers.

PaxForex currently offers the following 4 account types for traders.

Account Types Cent Mini Standard VIP
Required Minimum Deposit $10 $100 $2,000 $10,000
Account Base Currencies USD USD, EUR, GBP USD, EUR, GBP USD, EUR, GBP
Minimum Forex Spread 2.4 pips 1.4 pips 0.4 pips 0.4 pips
Trading Commission None None None None
Forex Leverage 1:1 – 1:500 1:1 – 1:500 1:1 – 1:500 1:1 – 1:500
Available Low Volume 0.0001 (1 lot = 1,000) 0.01 (1 lot = 100,000) 0.1 (1 lot = 100,000) 0.01 (1 lot = 100,000)
Forex Trading Available Available Available Available
Gold and Silver Trading Available Available Available Available
Shares (Stock) Trading Not Available Not Available Available Available
Stop Out % 20% 5% 5% 5%
VPS Service $25 per month $25 per month $25 per month Free
Islamic Swap Free Account Not Available Available Available Available
Sign Up Links Open Cent Account Open Mini Account Open Standard Account Open VIP Account

Open an account with PaxForex

Key Advantages of Trading with PaxForex

Higher Leverage:
PaxForex offers a leverage of up to 1:500, significantly higher than the typical 1:50 offered by US brokers. This allows for a lower margin requirement, making it more accessible for traders to open larger positions.
Lower Spread:
Enjoy competitive spreads as low as 0.4 pip on a Standard account and 0.8 pip on a Mini account.
No Commission Trading:
PaxForex ensures cost-effective trading by not charging any commission for trades, and even recovers all fees for deposits of $300 or above.
Diverse Trading Instruments:
Trade across a wide spectrum including over 60 currencies, various cryptocurrencies, precious metals like gold and silver, and American stocks.
STP+ECN Market Execution:
Benefit from no requotes and market price execution, ensuring transparency and efficiency in trading.
No FIFO Rule:
PaxForex allows the flexibility to close positions in any order, providing more control to traders.
Scalping, Copy Trading, and EAs:
These trading strategies are fully supported, catering to a range of trading styles and preferences.

Go to PaxForex Official Website

Why Choose PaxForex?

Professional Background:
Founded by a team of professional traders and experienced investors, PaxForex has a deep understanding of what traders need.
Personalized Service:
PaxForex emphasizes a strong bond with customers, providing personalized services and staying true to high industry standards.
Robust Customer Support:
Available 24/7 via various channels, ensuring assistance is always at hand.
Commitment to Excellence:
With a focus on providing the fairest, most flexible, and stable trading environment, PaxForex stands out in the Forex trading industry.

PaxForex distinguishes itself with its unique blend of competitive trading conditions, diverse account types, and a client-centric approach.

Whether you’re a novice or a seasoned trader, PaxForex offers an environment that not only meets but exceeds expectations.

Start your trading journey with PaxForex to experience a new level of trading excellence.

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