Comparison DEGIRO vs PaxForex
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare DEGIRO vs PaxForex. Which of them: DEGIRO or PaxForex a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of DEGIRO on regular transactions of the stock exchange is 4, and PaxForex has a commission fee of spreads from 5 pips. For trading in Forex, the commission fee of DEGIRO is 5, while the commission fee of PaxForex is spreads from 0.4 pips. When analyzing commission fees in CFD: DEGIRO provides 4, and PaxForex provides spreads from 5 pips. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: - and spreads from 50 pips for DEGIRO and PaxForex, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading are provided to customers by DEGIRO and Stocks Trading, Forex Trading, Crypto Trading are provided by PaxForex. Concerning the platforms, DEGIRO uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, 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. DEGIRO was founded in 2013 in Netherlands, and it is regulated by AFM, DNB. And PaxForex was founded in 2014 in St. Vincent and Grenadines, and it is regulated by Not Regulated. Withdrawal of funds from DEGIRO can be done using Bank Wire with a withdrawal fee of 0. And PaxForex provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of varies. The withdrawal time for DEGIRO is 1-2 business days, and that one for PaxForex is within 1 business day.
Overall, DEGIRO boasts 4.1 stars versus PaxForex 4 stars.