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Comparison Firstrade vs PaxForex

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Firstrade vs PaxForex. Is Firstrade or PaxForex a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of Firstrade on regular transactions of the stock exchange is $0, and PaxForex has a commission fee of spreads from 5 pips. 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 Firstrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, and PaxForex provides customers with Stocks Trading, Forex Trading, Crypto Trading. As for platforms, Firstrade 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. Firstrade was founded in 1985 in United States, and it is regulated by SEC and FINRA. And PaxForex was founded in 2014 in St. Vincent and Grenadines, and it is regulated by Not Regulated. Withdrawal of funds from Firstrade can be done using Bank Wire with a withdrawal fee of $30 domestic US, $50 international. And PaxForex provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of varies. The time for withdrawal in Firstrade is 2-3 business days, and that one in PaxForex is within 1 business day.

As a result, the rating of Firstrade is 3.9 stars versus that of PaxForex of 4 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
Firstrade
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
PaxForex
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
CFDs
Metals
Cryptocurrency
Firstrade
Stock
$0
ETFs
$0
Options
$0
Mutual Funds
$0
Bonds
$40
Forex Spreads
N/A
CFDs
N/A
Metals
N/A
Cryptocurrency
N/A
PaxForex
Stock
Spreads from 5 pips
ETFs
N/A
Options
N/A
Mutual Funds
N/A
Bonds
N/A
Forex Spreads
Spreads from 0.4 pips
CFDs
Spreads from 5 pips
Metals
Spreads from 50 pips
Cryptocurrency
Spreads from 95 pips

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading
Firstrade
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading
PaxForex
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
Firstrade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
PaxForex
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4

Tools

Tools
Research & Analysis
Education
Demo account
Firstrade
Research & Analysis
Education
Demo account
PaxForex
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Firstrade
Android App
iOS App
PaxForex
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Cryptocurrency
Firstrade
Minimum deposit
$0
Bank Wire
Visa/Mastercard
Cryptocurrency
PaxForex
Minimum deposit
$10
Bank Wire
Visa/Mastercard
Cryptocurrency

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
Firstrade
Bank Wire
Visa/Mastercard
Withdrawal Time
2-3 business days
Withdrawal Fee
$30 domestic US, $50 international
PaxForex
Bank Wire
Visa/Mastercard
Withdrawal Time
Within 1 business day
Withdrawal Fee
Varies

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Firstrade
Сountry of Origin
United States
Year Founded
1985
Regulated By
SEC and FINRA
PaxForex
Сountry of Origin
St. Vincent and Grenadines
Year Founded
2014
Regulated By
Not Regulated

Customer Service

Customer Service
Phone
Email
Live Chat
 
Firstrade
Phone
Yes
Email
Yes
Live Chat
No
PaxForex
Phone
+44 1259207457
Email
info@paxforex.com
Live Chat
Yes

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