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Comparison Interactive Brokers vs PaxForex
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Interactive Brokers vs PaxForex. Is Interactive Brokers or PaxForex a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of Interactive Brokers on regular transactions of the stock exchange is $0.005, and PaxForex has a commission fee of spreads from 5 pips. Now, let’s compare commission fees in Forex, the commission fee of Interactive Brokers is 0.20 basis points, and the commission fee of PaxForex is spreads from 0.4 pips. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: 0.15 basis points and spreads from 50 pips for Interactive Brokers and PaxForex, 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 Interactive Brokers provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor, and PaxForex provides customers with Stocks Trading, Forex Trading, Crypto Trading. Concerning the platforms, Interactive Brokers 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. Interactive Brokers was founded in 1978 in United States, and it is regulated by NYSE, FINRA, SIPC. And PaxForex was founded in 2014 in St. Vincent and Grenadines, and it is regulated by Not Regulated. We can withdraw funds from Interactive Brokers with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0. 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 Interactive Brokers is 3-5 days, and that one for PaxForex is within 1 business day.
As a result, the rating of Interactive Brokers is 4.1 stars versus that of PaxForex of 4 stars.
Types of trading
Security & Fairness
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