Comparison PaxForex vs Tastyworks
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares PaxForex vs Tastyworks. Is PaxForex or Tastyworks a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of PaxForex on regular transactions of the stock exchange is spreads from 5 pips, and Tastyworks has a commission fee of $0. 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, Forex Trading, Crypto Trading are provided to customers by PaxForex and Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Futures Trading are provided by Tastyworks. Concerning the platforms, PaxForex uses Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App, while Tastyworks uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, 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. PaxForex was established in 2014 in St. Vincent and Grenadines, and it is regulated by Not Regulated. And Tastyworks was established in 2017 in United States, and it is regulated by FINRA, NFA and SIPC. We can withdraw funds from PaxForex with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is varies. And Tastyworks provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $25-45. The withdrawal time for PaxForex is within 1 business day, and that one for Tastyworks is 3 business days.
Overall, PaxForex boasts 4 stars versus Tastyworks 4 stars.