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paxforex review sreenshotReviewed broker: Paxforex

Registered company: Laino Group Limited

Established in 2011

Location: Saint Vincent and the Grenadines

Regulation: no

USA traders: not allowed

Payment options: Credit cards, FasaPay, Neteller, OKPAY, Perfect Money, QIWI, Skrill, UnionPay, WebMoney, Wire Transfer

Trading platforms: MetaTrader 4

Demo account: yes

Account base currency: EUR, GBP, USD

Currency pairs: 67

Customer support: email, phone, live chat, skype, web form

Free VPS: yes

Account types: Mini, Standard, VIP, Cent

Islamic accounts: yes

Minimum deposit requirement: $10

Promotion: No deposit $7 bonus for new registrations – can only be used for trading

Minimum position size: 0.01 lot

Maximum leverage: 1:500

Variable spread: yes

Spread starts from 3 pips

Hedging: yes

Scalping: yes

Expert Advisors: allowed

Trailing stop: yes

One click trading: yes

Mobile trading: yes

Automated features: yes

Margin call: 10%

Stop out level: 5%

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