PaxForex Abaunion Limited
PaxForex Broker Service Review. A MT4 FX and CFD broker with Equinix LD4 and NY4 trading servers.
PaxForex Current Promotions
The following is a list of promotions currently offered by PaxForex (Abaunion Limited).
Who is PaxForex?
PaxForex is an online FX and CFD broker founded in 2011.
The broker is regulated and licensed by Labuan IFSC (Labuan International Business and Financial Centre).
PaxForex offers comprehensive trading environment and tools needed by both novice and professional traders.
From educational materials to market analyses, you can find many tools for free by registering with PaxForex.
PaxForex’s team of supporting professionals provide a level of service that is second-to-none.
Working around the clock ensures clients and partners are continually supported.
PaxForex’s client support team are fully trained to handle enquires in multiple languages.
Technical assistance is available 24 hours a day to provide leading and instant support for any technical, MT4, trading or market enquiries.
Go to PaxForex Official Website
Regulation and Segregated Banks of PaxForex
When entering the multi-trillion dollar a day markets, clients look for a broker they can trust, who can deliver excellence without diluting any of the services offered.
PaxForex provides a fully secure and regulated trading environment using the STP forex model that is supported by full market depth liquidity.
At PaxForex, they have made every effort to ensure that their clients and partners benefit from a fully regulated and secure trading environment.
PaxForex understands the importance of delivering transparency, security and most of all the peace-of-mind that all of the clients’ merit.
Ultimately, PaxForex has created a platform and trading environment for the clients to trade forex with full confidence.
PaxForex prides itself on the unrivalled protection and security of clients’ funds.
All deposits remain fully protected as they are kept separately from company funds and are held at globally recognised banks.
This ensures that funds belonging to clients cannot be used for any other unauthorised purpose.
Visit PaxForex Official Website
Trading Conditions of PaxForex
In PaxForex’s trading accounts, you can trade various financial instruments of Forex, Precious Metals, Stocks and Cryptocurrency pairs.
The available trading platform is MT4 (MetaTrader4) which is compatible with many types of devices including Windows, MAC, Android and iOS devices.
PaxForex uses tradings servers in London (Equinix LD4) and New York (Equinix NY4).
The maximum leverage is 1:500.
The minimum trading cost is spread as low as 0.4 pips.
You can start trading with PaxForex from $100 of minimum deposit.
Open PaxForex Real or Demo Account
Comparison of PaxForex Account Types
By signing up with PaxForex, you can choose from the following 4 account types.
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) | 0.01 (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 |
Trading forex with PaxForex is based on the STP and DMA model (Direct Market Access).
Liquidity is supplied by the FX banks and ensures total anonymity, full market depth and large order execution capabilities.
Tailored solutions are available for Fund Managers, Hedge Funds, professional and private traders.
Each account type has different advantage, and with PaxForex, you can also use all account types to diversify your trading strategies.
PaxForex has also prepared a Islamic Swap-Free account for Muslims.
Open PaxForex Real or Demo Account
1. Cent Forex Account
PaxForex’s Cent account is suited for traders who want to start small.
The Cent account allows you to trade from $0.1 worth of volume.
The lot size (contract size) in PaxForex’s Cent account is 1,000 units. And the minimum trading volume is 0.0001 lot.
On PaxForex’s Cent account, you can start trading from 10 USD of minimum deposit amount, while the recommended deposit amount 100 USD.
If you are beginner to Forex trading, then PaxForex’s Cent account get you started from small amount.
2. Mini Forex Account
PaxForex’s Mini account type is suited for traders who want to start small, but with the standard conditions.
While PaxForex’s Mini account type accepts deposits from 100 USD, you can trade with the standard FX trading conditions.
The Forex spread is tighter than the Cent account, and the lot size is 100,000 units.
PaxForex’s Mini account will allow you to invest in the Forex market without exposing too much risks.
3. Standard Forex Account
For traders who can’t device which account is better for your trading strategy, PaxForex’s Standard account can be the best option.
PaxForex’s Standard account has the lowest Forex spread among other account types, which is 0.4 pips.
PaxForex’s Standard account has the very standard conditions with extra merits such as “Personal Education”, “Personal Manager” and “Trading of Shares”.
You can use PaxForex’s Standard account from 2,000 USD of minimum deposit amount.
Open PaxForex Standard Account
4. VIP Forex Account
PaxForex’s VIP account is dedicated for professional traders with deposit above $10,000.
By opening PaxForex’s VIP account, you can get all the advantages of the broker’s service.
Traders of PaxForex’s VIP account can benefit from priority execution.
By holding PaxForex’s VIP Forex Account, you can also have free access to their VPS (Virtual Private Server) to run EAs (Expert Advisers) on MT4 24/7 non-stop.
5. Islamic Swap-Free Forex Account
PaxForex’s Islamic Swap-Free account is available only for traders of Muslim beliefs who cannot earn or pay any interest due to Sharia law.
PaxForex’s Islamic Swap-Free account charges and credits no overnight financing fees, but you can hold positions without worrying about such conditions.
To open PaxForex’s Islamic Swap-Free account, please first signup for PaxForex online and send a request before making a deposit.
Go to PaxForex Official Website
What you can invest in with PaxForex?
By opening one trading account with PaxForex, you can invest in over 100 financial markets from different asset classes including Forex, Metals, Cryptocurrency and Stocks.
To invest in different markets at the same time, you do not need to open other accounts.
Which market are you interested in investing? Here are the introductions of the 4 main markets available for trading on PaxForex MT4.
Open PaxForex Real or Demo Account
1. Forex Currency Pairs
Forex currency pairs are the most popular markets among online investors on PaxForex MT4.
On PaxForex MT4, you can trade all kinds of Forex currency pairs including majors, minors and exotics with no extra commissions.
The trading cost is as low as 0.4 pips which equals to only $4 per 100,000 dollars worth of transaction.
When trading Forex currency pairs on PaxForex MT4, you can also benefit from the high leverage up to 1:500.
Visit PaxForex Official Website
2. Gold and Silver (Precious Metals)
On all account types of PaxForex, you can also invest in Precious Metals (Gold and Silver).
On PaxForex MT4, you can utilize up to 1:100 leverage for trading of Gold and Silver.
The trading conditions of Gold and Silver on PaxForex MT4 are as follows.
Precious Metals | Contract Size (Lot Size) | Minimum Trading Volume | 1 Pip Value |
---|---|---|---|
Gold | 100 oz | 0.1 lots | 1 USD |
Silver | 5,000 oz | 0.1 lots | 50 USD |
Open PaxForex Real or Demo Account
3. Shares (Stocks)
PaxForex has picked up all the popular stocks and offers them in a form of CFD (Contract For Difference).
The available stocks (shares) for trading include major companies such as Apple, Facebook, Microsoft, Alibaba, Google, Bank of America, Amazon and Twitter.
On PaxForex, you can profit from both rising and falling market prices, and also the high leverage up to 1:4.
Note that stock trading is available only for the Standard and VIP account types.
On PaxForex, you can follow the trend of the world’s financial market by participating easily on the MT4.
Visit PaxForex Official Website
4. Cryptocurrency pairs
On PaxForex MT4, you can also invest in Cryptocurrency markets.
The available Cryptocurrencies for trading are Bitcoin, Ethereum, Ripple and Litecoin, and they are all paired with USD.
The Cryptocurrency market price involves particular market trend, high volatility and unprecedented opportunities.
Trading financial assets with high volatility such as Cryptocurrency pairs include higher risks, but PaxForex will limit the maximum loss with the NBP (Negative Balance Protection).
Deposit and Withdrawal of PaxForex
To PaxForex’s live trading accounts, there are many methods to deposit funds including bank wire transfer, online wallets, credit/debit cards and Cryptocurrency (Bitcoin and Ethereum).
For traders, PaxForex recovers all fees for deposits of $300 or above (except for a Bank transfer).
The available base currencies are USD, EUR, GBP and CHF.
PaxForex makes sure to process 90% of all deposits within 7 min and 75% of withdrawals in less than 30 min.
With PaxForex, all your funds are held in segregated accounts, specially designated as “Clients Accounts”.
Visit PaxForex Official Website
List of Fund Deposit Methods for PaxForex MT4
Please refer to the below table for the list of all fund deposit methods available for PaxForex MT4.
Funding Methods | Processing Time | Minimum Deposit Amount | Commission |
---|---|---|---|
Neteller | 1 hour | 10 USD | 3.2% -3.7% + $0.29 (Minimum Fee is $1) |
Bank Transfer | 3 to 5 working days | 100 USD | Fees by Intermediary Banks |
VISA and Mastercard | 1 hour | 15 USD | 3.75% – 8.5% + $0.5 (depends on the country) |
Skrill (Moneybookers) | 1 hour | 10 USD | 2.9% – 3.9% + $0.38 |
Perfect Money | 1 hour | 10 USD | None |
WebMoney | 1 hour | 10 USD | 0.8% |
QIWI | 1 hour | 10 USD | 4% |
FasaPay | 1 hour | 10 USD | 0.5% |
Bitcoin | 24 hours | 0.01 BTC | None |
Ethereum | 24 hours | 1 ETH | None |
To make a deposit to your PaxForex MT4 account, follow the easy steps below.
- Login to myPaxForex from PaxForex Official Website
- Go to page “Deposit/ Withdrawal”
- Fill Deposit Forex form according to the instructions
Go to PaxForex Official Website
List of Fund Withdrawal Methods for PaxForex MT4
Please refer to the below table for the list of all fund withdrawal methods available for PaxForex MT4.
Withdrawal Methods | Processing Time | Minimum Withdrawal Amount | Commission |
---|---|---|---|
Neteller | 1 Business Day | 10 USD | None |
Bank Transfer | 1 Business Day | 100 USD | Fees by Intermediary Banks |
VISA and Mastercard | 1 Business Day | 15 USD | 5.5% (Minimum fee is 10 USD) |
Skrill (Moneybookers) | 1 Business Day | 10 USD | 1% to 3.9% + 0.35 USD |
Perfect Money | 1 Business Day | 10 USD | 2.5% |
WebMoney | 1 Business Day | 10 USD | 0.8% |
QIWI | 1 Business Day | 10 USD | 1% |
FasaPay | 1 Business Day | 10 USD | 0.5% |
Bitcoin | 1 Business Day | 10 USD | 7% + 0.0006 BTC |
Ethereum | 1 Business Day | 10 USD | 7% |
To make a fund withdrawal from your MT4 account, please login to the client portal from PaxForex Official Website.
Go to PaxForex Official Website
Download PaxForex MT4 (MetaTrader4) for free
PaxForex has chosen the most popular trading platform in the world, MT4 as the base platform for Forex trading.
To trade Forex, Metals, Stocks and Cryptocurrency pairs, you must login to PaxForex MT4.
PaxForex MT4 is where you can access to over 100 financial markets, analyse the market trends and place orders.
PaxForex MT4 is compatible for any popular devices including Windows, Android, iPhone, iPad, iPod and MAC.
To download PaxForex MT4, visit PaxForex Official Website and find the download links.
Download PaxForex MT4 platforms
Merits of using PaxForex MT4 platforms
- Simple and User friendly interface
Are you new to MT4 (MetaTrader4) trading platforms? The platform is easy to use. You can also refer to MT4 User Guide. - Customizable view
PaxForex MT4 is easily customizable. You can put any group of colors for every forex chart to make the platform your style. - Three Major types of forex charts
PaxForex MT4 supports 3 different chart patterns including Bars, Candlesticks and Line Chart. Switching between chart patterns is easy with one click. - Nine time frames
Analysis of the market is always important. See different time frames to understand the market trend in long term and short term. - More than 50 built-in indicators
PaxForex MT4 has built-in customer indicators for free that help traders during the analyzing process. - Ability to use as many indicators on one chart
Once you download PaxForex MT4, the platform is all yours. Apply any types of indicators as many as you want to see through the market. - Multiple chart setups
On PaxForex MT4, you can monitor multiple market charts at the same time. Are you trading multiple markets? Don’t worry, you just need to open more charts to monitor them all at once. - Automated trading, and real-Time data export via DDE protocol
PaxForex MT4 supports use of EAs (Expert Advisers). Do you prefer automated trading robot for trading Forex? Run it on PaxForex MT4 unlimited.
Visit PaxForex Official Website
PaxForex Trading Servers for Fast Execution
One of PaxForex’s main focuses is on the “Execution Quality” and “Speed”.
PaxForex achieves this by deploying IT infrastructures in Equinix data centers in London (Equinix LD4) and New York (Equinix NY4).
PaxForex connects these servers to the major exchanges (liquidity providers) with fibre optic cables to establish stable and fast connection.
Take advantage PaxForex’s fast execution to experience less slippage on MT4.
Open PaxForex Real or Demo Account
How to open FX account and Start trading with PaxForex?
- Register yourself a client area (here)
PaxForex’s Client Area is a useful tool for your funds management and trading account management. It contains loads of useful information as well. After registration you will get an access to all PaxForex’s services and also will be able to a trade on forex. - Download PaxForex MT4 terminal
It’s necessary to download the trading terminal to start trading. PaxForex MT4 is a modern, functional terminal, available for installation to pc as well as to all mobile devices from PaxForex Official Website. - Try yourself on demo-account
PaxForex’s Demo-account gives you an opportunity to get experience of real trading with virtual money without risking your own real money. - Open real trading account using your Client Area
Choose your trading account type (Cent, Mini, Standard or VIP) and leverage. - Make a deposit to your real trading account
Once you have mastered trading on demo-account, make a deposit to your real account and start earning real money. - Conduct successful trading on PaxForex MT4
Choose the most appropriate type of account. Get profit not only from currency trading, but from indices, futures, gold and silver trading. Be sure to check the trading conditions of different account types and contract specifications.
Go to PaxForex Official Website
Why invest in Forex and CFDs with PaxForex?
There are many reasons to choose PaxForex as your broker, and we have picked up some reasons here for you.
- No Dealing Desk Intervention
On PaxForex MT4, all orders are executed directly through to a selection of regulated and leading liquidity providers. - Trading Anonymity
Anonymous trading allows PaxForex to accept and protects all trading strategies against any manipulation. - Award-winning MT4 Platform
The PaxForex MetaTrader 4 is the preferred choice for professional traders and is the most advanced trading platform available in the forex market. - No Re-quotes
PaxForex’s STP and DMA trading model protects clients from any third party manipulation and dealing desk re-quotes. - Competitive Pricing
Best bid and ask pricing ensures that trades are executed at the most competitive prices. Smart pricing creates competition between leading liquidity providers that drives down forex spreads. - Personal Segregated Accounts
PaxForex offers its clients a unique service of opening a personal segregated account which provides ultimate protection for clients. - Pioneering Gold Trading
PaxForex provides a dedicated programme for Forex and gold traders with best pricing and highest rewards. - STP and DMA Forex Model
Trading forex with a broker that offers a no conflict-of-interest policy is critical to ensure protection against manipulation. - Interbank Conditions
All clients of PaxForex benefit from interbank trading conditions that provides for commercial turnover and trading directly with leading banks. - High-Speed Execution
Not having the ability to execute orders in a fast and reliable way, renders all other benefits useless. It’s ALL about speed. Experience PaxForex’s leading forex execution. - Leading Liquidity
Wide range of world banks provide liquidity to PaxForex to ensure stability, full market depth and low forex pricing. - Cutting Edge Technology
Using the latest technologies to automate all bid and ask prices in all trading platforms, orders are executed at the lowest possible prices without re-quotes. - Segregated Clients Funds
All funds held by PaxForex on behalf of clients are kept separate from company funds (fund segregation) in leading banks.
Table of Contents
- Who is PaxForex?
- Trading Conditions of PaxForex
- What you can invest in with PaxForex?
- Deposit and Withdrawal of PaxForex
- Download PaxForex MT4 (MetaTrader4) for free
- PaxForex Trading Servers for Fast Execution
- How to open FX account and Start trading with PaxForex?
- Why invest in Forex and CFDs with PaxForex?
PaxForex Ratings And Reviews
PaxForex's Rate
PaxForex's Trading Accounts
PaxForex (Abaunion Limited) offers 4 trading account types.
PaxForex In The News
PaxForex Company Profile
Trade with passion. PaxForex offers the online trading environment with the most advanced trading platform.
Regulations & Licenses | |
---|---|
Company | Abaunion Limited |
Founded | 2011 (13 years) |
Country Base | St Vincent and the Grenadines |
Headquaters | 1825, Cedar Hill Crest, Villa, Kingstown, St Vincent and the Grenadines |
Traders Rating | |
Supported Platforms | |
Maximum Leverage | 500:1 * |
Crypto-Currencies | Not Available |
Negative Balance | Offer Negative Balance Protection |
Client Funds Safety | Segregated |
Deposit Methods | |
Withdrawal Methods |
Disclaimer about leverage:
Leverage is offered based on your knowledge and experience. The leverage /margin requirements may be subject to change as subject of applicable regulation in your country of residence.
PaxForex FAQ
Everything you need to know about PaxForex (Abaunion Limited).
Available Maximum Leverage on PaxForex The maximum leverage 1:500 is only for Forex pairs The maximum leverage for Precious Metals The maximum leverage for Cryptocurrency pairs The maximum leverage for Shares (Stocks) NBP (Negative Balance Protection) Flexible Leverage option from 1:1 to 1:500 Diversification...
PaxForex stands out as a distinguished provider in the online forex trading realm, attributed to its robust technology infrastructure, exceptional account features, and stringent security measures. Among its various account options, the VIP account type is particularly noteworthy for its extensive features tailo...
PaxForex, a rapidly growing forex broker, has established a robust platform that supports efficient and secure transactions for depositing and withdrawing funds. This article outlines the comprehensive deposit and withdrawal processes and policies at PaxForex, highlighting the flexibility and security offered to...
PaxForex is renowned for its reliability and advanced features in the world of online Forex trading. This article focuses on the safety measures and regulatory framework that underpin the operations at PaxForex, ensuring that it stands out as a secure platform for traders globally. Robust Technological Infras...
PaxForex, known for its robust trading infrastructure and varied account types, offers competitive trading conditions that attract a wide range of traders. Among the key considerations for any trader are the costs associated with trading, specifically the spread costs and any applicable commissions. This art...
PaxForex provides its traders with an impressive array of features and tools through the MetaTrader 4 platform. One of the most critical aspects of its offering is the high leverage available across its various account types, allowing traders to magnify their trading results under certain conditions. This ar...
PaxForex stands out in the competitive forex trading industry not only for its robust trading platforms and optimal trading conditions but also for its generous bonus schemes that benefit both new and seasoned traders. This article focuses into the details of PaxForex's bonus promotions, highlighting how they ar...
PaxForex stands out in the Forex market for providing a reliable, feature-rich trading environment. Known for competitive spreads and a robust trading platform, PaxForex caters to various types of traders, offering tailored account types, advanced trading tools, and dedicated customer support. Here’s a compr...
PaxForex tailors its offerings to suit a diverse clientele ranging from novices to seasoned forex professionals. An essential component of their offering is the structured minimum deposit requirements across various account types, which we will explore in detail in this article. Understanding Minimum Deposits...
PaxForex offers a streamlined withdrawal process designed to accommodate the needs of traders globally. This article provides a detailed examination of the fund withdrawal procedures at PaxForex, emphasizing the speed, security, and various methods available. Overview of Withdrawal Methods PaxForex supports ...
well am only happy i was able to rec0 ver waht i l0s t t0 s0me fa.ke trade c0mpany by rthnkS t0 MAKETPEACE N3T th3y were able t0 pull out my fu nds. vIsIt them 2day f0r h3Ip