Global Market Index vs PaxForex

Global Market Index vs PaxForex Comparison Table 2021
Global Market Index PaxForex
Global Market Index offers multiple asset classes on five powerful trading platforms. PaxForex is an offshore broker offering $10 minimum deposits & MT4 trading.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Awards
Best Liquidity Provider 2017
Best Trading Environment 2017
Best Trading Platform Provider 2016
Best Forex Broker 2016
Fastest Growing Broker 2016
Best EA Trading Platform 2016
Best Forex Broker 2014
Best Forex Broker 2012
Best Forex Trading Platform 2012
Best Forex Broker 2011
Bonus
None 100% loyalty deposit bonus up to $10,000
Instruments
Forex, CFDs, Metals Forex, stocks, indices, metals, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$2,000 $10
Payment Methods
Mastercard, Skrill, Visa, Wire Transfer Cashu, FasaPay, Neteller, Perfect Money, QIWI, Skrill, UnionPay, Visa, Webmoney, Wire Transfer
Minimum Trade
0.01 lots 0.0001 lots
Regulator
FCA, VFSC FSA
Margin Trading
No No
Margin Rate
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
Mobile Apps
Yes Yes
Auto Trading
Yes (APIs) Yes (EAs)
Trade Signals
No Yes
Social Trading
No Yes
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- -
CFD
Trade index and commodity CFDs with up to 1:200 leverage and floating spreads. Trade across markets with leveraged CFDs.
Leverage
1:200 1:500
FTSE Spread
Floating 9
GBPUSD Spread
N/A 0.5
Oil Spread
Floating N/A
Stocks Spread
N/A Variable
Forex
Major and minor currency pairs including EUR/USD with low spreads. Trade FX with tight spreads & 1:500 leverage.
GBPUSD Spread
Floating from 1 pip 0.5
EURUSD Spread
Floating from 1 pip 0.4
EURGBP Spread
Floating from 1 pip 1.5
Assets
40+ 60
Cryptocurrency
Crypto trading not offered Trade popular cryptos against the US Dollar.
Spread
From 3 pips
Coins
BTC, ETH, LTC, XRP