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95.2
Points
Overall
92
Points
Commissions & Fees
91
Points
Licensing & Safety
94
Points
Platforms & Tools
Each broker we review is judged on the same 10 key areas. We include different instruments and holding positions overnight. We check not only the licenses the broker claims to have for different countries, but whether these licenses are up to date too. We look for specific features such as customizability and trading signals.
100+Number of instruments
Open Account
100,000+ Traders
Regulated by
FSA(SVG)FSA(SVG)

PaxForex review

31 July 2020 - Kate Leaman

Our expert review of PaxForex looks at a broker that’s been in business since 2010 and is licensed by the SVG FSA. The broker offers multiple account types to suit a wide range of trading needs and allows you to get started with as little as $10. You can trade forex, stocks, metals, and cryptocurrencies at PaxForex, via MetaTrader 4 which is also available on mobile devices. Paired with competitive spreads across asset classes, PaxForex is a great choice for low-cost, on-the-go trading.

 

  • ProOffers more than 100 instruments
  • ProBenefit from daily technical analysis of forex
  • ProLicensed by SVG FSA
  • ProBest broker for small depositors
  • ConOnly authorized by one regulatory body

PaxForex overall scores

In this review, you can find all the information you need to decide whether PaxForex is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how PaxForex scored in each of our high-priority categories.

Commissions & Fees
92 Points
Payments
99 Points
Licensing & Safety
91 Points
Customer Service
98 Points
Trading Platforms & Tools
94 Points
Education
97 Points

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