PaxForex vs FXCM

PaxForex vs FXCM Comparison Table 2021
PaxForex FXCM
PaxForex is an offshore broker offering $10 minimum deposits & MT4 trading. FXCM are an FCA regulated, London based broker. Companies under the FXCM umbrella are also regulated in Australia and South Africa.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Bonus
100% loyalty deposit bonus up to $10,000 None
Instruments
Forex, stocks, indices, metals, cryptocurrencies CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$10 £300
Payment Methods
Cashu, FasaPay, Neteller, Perfect Money, QIWI, Skrill, UnionPay, Visa, Webmoney, Wire Transfer Credit Card, Debit Card, POLi
Minimum Trade
0.0001 lots Varies by asset
Regulator
FSA FCA, CySEC, ASIC.
Margin Trading
No Yes
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 iOS and Android
Auto Trading
Yes (EAs) No
Trade Signals
Yes No
Social Trading
Yes Yes
Copy Trading
No Yes
Islamic Account
Yes No
Account Currencies
- USD, EUR, GBP, CAD, AUD, ZAR, CHF
CFD
Trade across markets with leveraged CFDs.
Leverage
1:500 1:30
FTSE Spread
9 1.18 pts var*
GBPUSD Spread
0.5 0.5 pips*
Oil Spread
N/A 0.05 (var)*
Stocks Spread
Variable 0.2% Var*
Forex
Trade FX with tight spreads & 1:500 leverage.
GBPUSD Spread
0.5 0.5 pips var*
EURUSD Spread
0.4 0.2 pips var*
EURGBP Spread
1.5 0.5 pips var*
Assets
60 40
Cryptocurrency
Trade popular cryptos against the US Dollar.
Spread
From 3 pips
Coins
BTC, ETH, LTC, XRP