Comparison E*TRADE vs PaxForex
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare E*TRADE vs PaxForex. Which of them: E*TRADE or PaxForex a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of E*TRADE on regular transactions of the stock exchange is $6.95, and PaxForex has a commission fee of spreads from 5 pips. For a more complete picture, let’s consider trading in the metal market, where E*TRADE and PaxForex have commission fees of $1.50 per contract and spreads from 50 pips, respectively. You can read more detailed information on commission fees in the online broker reviews.
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 E*TRADE provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading, Robo Advisor, and PaxForex provides customers with Stocks Trading, Forex Trading, Crypto Trading. As for platforms, E*TRADE offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while PaxForex offers Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. E*TRADE was established in 1982 in United States, and it is regulated by FINRA,. And PaxForex was established in 2014 in St. Vincent and Grenadines, and it is regulated by Not Regulated. Withdrawal of funds from E*TRADE can be done using Bank Wire, Visa/Mastercard 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 time for withdrawal in E*TRADE is 3 days, and that one in PaxForex is within 1 business day.
Overall, E*TRADE boasts 4.3 stars versus PaxForex 4 stars.