Comparison AvaTrade vs PaxForex
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AvaTrade vs PaxForex. Is AvaTrade or PaxForex a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of AvaTrade on regular transactions of the stock exchange is average 0.13%, and PaxForex has a commission fee of spreads from 5 pips. Now, let’s compare commission fees in Forex, the commission fee of AvaTrade is from 1.3 pips, and the commission fee of PaxForex is spreads from 0.4 pips. When analyzing commission fees in CFD: AvaTrade provides from 0.13%, and PaxForex provides spreads from 5 pips. For a more complete picture, let’s consider trading in the metal market, where AvaTrade and PaxForex have commission fees of from 0.4pips and spreads from 50 pips, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are AvaTrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Bonds Trading, Forex Trading, Crypto Trading, Robo Advisor, and PaxForex provides customers with Stocks Trading, Forex Trading, Crypto Trading. Concerning the platforms, AvaTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while PaxForex uses Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. AvaTrade was established in 2006 in Ireland, and it is regulated by Central Bank of Ireland. And PaxForex was established in 2014 in St. Vincent and Grenadines, and it is regulated by Not Regulated. We can withdraw funds from AvaTrade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And PaxForex provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is varies. The withdrawal time for AvaTrade is 1 - 2 business days, and that one for PaxForex is within 1 business day.
Overall, AvaTrade boasts 4.8 stars versus PaxForex 4 stars.