✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will analyze the broker PaxForex (also called paxforex.com – diversofx.lat), is a Forex and CFD broker. Is PaxForex really recommended to make an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
You might be wondering why we did a review on PaxForex. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
✅ The broker mentions being part of: not mentioned.
✅ Regarding its location, the broker mentions being based on: it is not mentioned.
✅ If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.
📌 Remember: the best (and safest) option are regulated brokersas they must meet very strict requirements. Work with an unregulated broker it is very risky. 📌
If now we go on to analyze account types offered by PaxForex, we note that it offers 4 different types of account / plans: Cent Account, Mini Account, Standard Account and VIP Account. We will leave you an image with a little information about each type of account.
Cent account: minimum initial deposit of $10, spread of 2.4 pips, minimum trade size 0.0001 lots.
Standard Account: minimum initial deposit of $100, spread of 1.4 pips, minimum trade size 0.01 lots.
Privileged Account: minimum initial deposit of $2.000, spread of 0.4 pips, minimum trade size 0.01 lots.
VIP account: minimum initial deposit of $10.000, spread of 0.4 pips, minimum trade size 0.01 lots.
In the following image you can have more information about the types of account. Click here to see the image in full size.
La platform to operate that PaxForex offers is: platform MT4.
We will now analyze the different resources and aids for the trader that PaxForex provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.
PaxForex provides the following aids or resources to traders or stakeholders: some live charts, analysis, economic calendar, calculators, glossary, really not much more than this.
| Other information about PaxForex |
Some more information in case you want to contact the company, or see its website for yourself.
🌏 Website: paxforex.org
📞 Telephone number: +44 203 504 0303 | +44 (0) 844 507 0446
📧 Email: [email protected]
>>> Assessment on PaxForex <<
Ending with this section, in our opinion Do we believe that the company PaxForex is trustworthy? Should you invest your money with the company?
After analyzing it, we recommend to be careful, since it is a completely illegitimate broker that is not registered or regulated, in addition, when looking for reviews about PaxForex we only find reviews that are negative and entertain about this broker. We suggest using caution.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.
[democracy id = ”1008 ″]
I need help, three days ago I called to withdraw and they told me that in 24 hours everything would be ready in the account, but I still have nothing and yesterday I called all day and nobody answered. What can I do?
Hi Pablo, thank you for sharing your experience with PaxForex. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
regards