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PaxForex Review Scores


Overall score: 3.5 / 5

Total votes: 39
Platform
1
Pricing
1
Customer service
1
Features
1
1 - Worst 5 - Best

PaxForex Discussion

Professional4X
Dec 18 2019 at 00:34
1189 posts
USE EXTREME CAUTION WITH THIS BROKER.

Paxforex has numerous reports against them for fraudulent behaviors.

Link: https://www.forexpeacearmy.com/community/search/3666/?q=paxforex

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If it looks too good to be true, it's probably a scam! Let the buyer beware.
Alex_Brien
Apr 22 2019 at 13:37
1 posts
Hello, there I just wanted to say thanks to the Pax team by providing me with some education about the forex market.
Marcus (Liesnikov)
Apr 21 2019 at 05:37
2 posts
Very good spreads and no trading commissions, no liquidity issues, pretty fair behavior also during red news. Immediate transfers and good withdrawal speed.

Great support, especially supports agent Joseph.
Zalen
Jul 09 2018 at 05:38
1 posts
I like the broker, all is fine. The only thing that I find really pressing is the registration. I understand that this is for the safety of my funds, but I am just expressing my impression and emotions, ok? I loved the minimum deposit, that is why I am here, actually. Well, anybody can afford losing those 10 bucks, and it is possible to test the broker, as well. A good broker, I love all about it.
Leturik
May 21 2018 at 05:49
3 posts
Among other advantages of the platform, I believe, is the 24/7 work of the support service. I have never contacted them yet (well, I believe, I will never have a reason to contact them), but the fact itself, that they are available all time. Well, it gives me a good feeling. Moreover, the company organizes competitions and special offers. I love it. Other than that, the broker is like many others.
Herolot
Apr 29 2018 at 06:21
1 posts
When I was looking for a broker to trade with, I liked PaxForex because of its trading conditions. It also has a demo-account, where I could check how trading goes there and to test new strategies. I like the accounts, everybody can select the best option. The platform is really fast. The only issue I had is when once I had to call their support, and they weren’t responding, I guess, about 15 minutes. But well, I managed to get them. they solved the issue I had, and other than that delay, all works very well there 😉.
saiful_fx
Jul 06 2017 at 12:25
8 posts
Deposited USD 2000 on the standard account. Made a profit of USD 7620 in a month (I am a long-run investor). Received the total of USD 9620 to my Neteller account within an hour. Wow!

The client area is the best I have ever seen. The house is full of good people.

Overall an excellent broker out there. Long live PaxForex!
qazisahib09
Jan 12 2017 at 08:21
2 posts
No issues with execution or withdrawals. Have tried both standard and mini accounts. customer service is good too. Don't know why some people are complaining about them.
Salma61
Sep 22 2016 at 13:59
1 posts
I am working on forex not more then two years. in short time i get too many experience from different brokers. I am also worked on pax forex but my experience in shot on paxforex.
Paxforex platform and their customer support is best and their fast reply and inquiry on phone give you comfortable on trading. Paxforex have instant execution and low spread and high leverage facilities on trading. For beginners its a great platform for trading without money and in low amount deposit any one can get contest prize by win. I wish paxforex grat success in near future.
qambari
Aug 04 2016 at 10:18
1 posts
hello
i have account in paxforex they are good , have difrent account type for beginers and profetional traders and some promotions to start the suport and live chat support is so fast and good
i am glad with them
internetional
Apr 21 2016 at 10:07
1 posts
jaimepm posted:
Information about this forex in FSA. (svfga.com)

The Financial Services Authority wishes to advise that an entity called “PaxForex” claiming to offer Forex Services as a registered St. Vincent and the Grenadines International Business Company, is not and has never been registered by the St. Vincent and the Grenadines Financial Services Authority.

The purported entity PaxForex advertises its services through the website https://www.paxforex.com/paxforex. It also claims that its address is Cedar Hill Crest, Villa,
Saint Vincent and the Grenadines. The Financial Services Authority therefore advises that persons who have paid funds to PaxForex through its website and are experiencing difficulties recouping their funds, should consider contacting their relevant authorities.

Issued By:
Financial Services Authority
29th May, 2014

They arent Regulated. Be aware

There is no website on svfga.com
Ghibranalief
Mar 15 2016 at 07:04
1 posts
First time using MetaTrader platform PaxForex, I was very impressed with the speed of trading software this broker, although by means of the internet that is not fast. I've tried using MetaTrader software from other brokers, but metatrader PaxForex is better. Although in appearance, is almost the same, but, when I was trading with MetaTrader PaxForex, always smoothly without a hitch, never interrupted, and never bothered server. Although I use a simple modem facilities.

In addition, I was very impressed with the service online, when I ask some things that the less I understand. All my questions answered by them quickly and satisfactorily, although I can not speak English well enough. They patiently serve me.
devibhara
Feb 16 2016 at 07:23
1 posts
my name bharath
My first experience with PaxForex regarding spreads and speed of execution was quite good, the spread are on average for most pairs, not too low and not too high, the speed of execution is quite fast nothing to complain about it, regarding support it's really fast and online most of the times, and I liked I got a call from the manager on my first day that makes the client more comfortable and customer support is very helpful.
Adaman
Feb 15 2016 at 05:56
16 posts
Paxforex has been very good to me. Great execution speeds, no stop hunting, no outrageous price spikes when other brokers had delivered price spikes.respectful bonuses, prompt customer service responses.I have had zero issues with this broker. MT4 works well, service is outstanding.This is the best broker I have used so far.

amer ibrahim hameed (amir5hilo)
Feb 12 2016 at 11:51
1 posts
Hi all , m name is amir from IRAQ , I'd like o say something about his company ' Paxforex ' ... really it is good company , with very active and fast support customer response , tight spread , many ways to deposit and/or withdraw , regulations certificates .
It is trusted company ( not like BFOREX - whom scamming me ) .. I recommend it to my friends here in IRAQ .. hope to Paxforex long life .. regards .
hbakhtiyar
Feb 12 2016 at 11:41
1 posts
PaxForex very remarkable. What distinguishes the other is an online chat and customer service. Very friendly, very professional, will always answer to what you should know. They are the only one in this area that will even call you internationally to welcome and help you. Other brokers rarely do this. The broker has a highly competitive spreads, execution orders very quickly and without requotes, this is how you test the quality of your broker. Please test them.
peter2206
Feb 12 2016 at 11:40
1 posts
PAX Broker is the BEST. Paxforex provide the best clients support 24/7/ different Leverage as advanced.
dahmane (dahmane)
Feb 10 2016 at 12:59
1 posts
I have experience with paxforex company. Paxforex provide different types of deposit . Paxforex also provide high leverage with minimum depsoit. Execution order syestem is very fast and very low spread for scalping ,Live chat supporter very quickly response. I recommend for every trader choose Paxforex company for trading.
PaxForexTrader
Dec 22 2015 at 21:03
8 posts
I'm trading with paxforex from 2012, so far most of the time everything is smoothly, they stand CHF event, although many brokers became bankruptcy those time, I have many friends who had accounts with regulated brokers and they still can not receive funds.
paxforex has better spreads than saxobank as I have account there. Also I have account with IronFX and still can not withdraw funds from them, so compare to two big brokers paxforex is doing very well.
I saw the notice on the svfga web site, and ask about it my manager. As I understand there is some misunderstanding, svfga wrote that paxforex is not register with them. And it is true, because paxforex is a brand name, the company name is Laino Group. So if you ask them about Laino Group it will be ok.
Sarawuth1
Aug 11 2015 at 12:26
1 posts
I cannot withdraw money. i sent e-mail to company and try to contract many thing as possible but they not answer me my account 73128. This money is from IB commission.
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