PaxForex Review –【HOAX Or LEGIT】Is PaxForex Broker Legit?
Are you interested in learning more about the PaxForex Broker and does it really fulfil its promises of being one of the best brokers providing traders with low spreads, fast executions and 24/5 multilingual support? PaxForex Broker is known in the industry as being one of the most comprehensive Forex and CFD brokers. They are accessible to traders from all over the world. They are an offshore broker registered in Saint Vincent and the Grenadines and has been operating under Laino Group Limited since 2011.
Offering a simple and user-friendly interfaces has made them one of the biggest favourites among traders and explains why some many beginner traders are able to get comfortable on the platform quickly. They offer trading on the MetaTrader 4 platform and comes with a multitude of features including automated trading, a range of technical and fundamental analysis tools and multiple order type options. Traders can also access the following features through their cabinet login area:
3 types of Forex charts: Bar, Candlestick and Line
Customisable interface with many different technical indicators
1-click trading capability
Detailed price analysis on 9 different time frames...
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What Are The Minimum Deposits And Fees To Join And Start Using PaxForex Broker's Services?
As is a common practice in the brokerage industry, most brokers would require a minimum deposit amount to open a new brokerage account with them. with PaxForex, only a small minimum deposit of 10 GBP/USD is required to set up a new account. From our experiences with brokers, those that charge a minimum deposit amount are usually those that provide additional services that are premium and not available for free on other platforms. Therefore, a small minimum deposit amount is not something that would worry us when we are setting up a new brokerage account.
Brokers that do not charge minimum deposits usually do so as a promotion to attract new clients. However, they will tend to recoup that costs through other means, such as increase commissions and fees on their other services that may not be as obvious for traders. Therefore, if you would like to have some of the more advanced research tools and advanced trading features, then PaxForex Broker is one that we think you should check out.
What Are The Main Features And Benefits Of Using PaxForex Broker's Services?
Trade on MT4, MT4 mobile and MT4 multi-terminal, which allows the trading of multiple accounts simultaneously
Access high leverage of up to 500:1
Support options include email, phone, FAQ live chat and contact form
Allows a multitude of trading strategies including news spike trading, scalping, EAs, copy-trading and more. It also offers ECN accounts for all clients
Allows trading of the usual CFD offerings and also a small number of cryptocurrencies...
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