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Comparison IronFX vs PaxForex
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares IronFX vs PaxForex. Is IronFX or PaxForex a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of IronFX on regular transactions of the stock exchange is spreads from 0.3 pips, commissions of 0.10%, and PaxForex has a commission fee of spreads from 5 pips. Now, let’s compare commission fees in Forex, the commission fee of IronFX is from 0.5 pips, 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: spreads from 0.04 pips and spreads from 50 pips for IronFX and PaxForex, 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 IronFX provides customers with Stocks Trading, Forex Trading, Futures Trading, Crypto Trading, and PaxForex provides customers with Stocks Trading, Forex Trading, Crypto Trading. As for platforms, IronFX offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while PaxForex offers 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. IronFX was founded in 2010 in Cyprus, and it is regulated by FCA, ASIC, CySEC, FSB. And PaxForex was founded in 2014 in St. Vincent and Grenadines, and it is regulated by Not Regulated. We can withdraw funds from IronFX 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 time for withdrawal in IronFX is 1 - 5 business days, and that one in PaxForex is within 1 business day.
Overall, IronFX boasts 4.8 stars versus PaxForex 4 stars.