PaxForex vs Trade Republic

PaxForex vs Trade Republic Comparison Table 2021
PaxForex Trade Republic
PaxForex is an offshore broker offering $10 minimum deposits & MT4 trading. Trade Republic is a German-based mobile-only securities bank and stockbroker that supports stocks, derivatives and crypto trading.
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 Stocks, ETFs, Indices, Derivatives, Cryptos
Demo Account
Yes No
Minimum Deposit
$10 $0
Payment Methods
Cashu, FasaPay, Neteller, Perfect Money, QIWI, Skrill, UnionPay, Visa, Webmoney, Wire Transfer Credit Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.0001 lots 0.01 lots
Regulator
FSA BaFin, Bundesbank
Margin Trading
No No
Margin Rate
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
STP Account
No Yes
ECN Account
No No
DMA Account
No No
Mobile Apps
Yes iOS & Android
Auto Trading
Yes (EAs) No
Trade Signals
Yes No
Social Trading
Yes No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
- EUR
CFD
Trade across markets with leveraged CFDs. Trade Republic offers over 40,000 derivatives assets, including CFDs, with no commission charges or spread mark-ups.
Leverage
1:500
FTSE Spread
9 Market
GBPUSD Spread
0.5 Market
Oil Spread
N/A Market
Stocks Spread
Variable Market
Forex
Trade FX with tight spreads & 1:500 leverage. Trade Republic offers derivatives trading on a range of currencies for its European clients.
GBPUSD Spread
0.5 Market
EURUSD Spread
0.4 Market
EURGBP Spread
1.5 Market
Assets
60 Limited
Cryptocurrency
Trade popular cryptos against the US Dollar. Trade Republic supports derivatives trading on four leading cryptocurrencies.
Spread
From 3 pips Market
Coins
BTC, ETH, LTC, XRP BTC, ETH, LTC, BCH
Binary Options
Binary options trading not offered Binary options are offered on popular financial markets.
Payout
Undisclosed%