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Comparison PaxForex vs TD Ameritrade
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares PaxForex vs TD Ameritrade. Is PaxForex or TD Ameritrade 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 TD Ameritrade has a commission fee of $6.95. Now, let’s compare commission fees in Forex, the commission fee of PaxForex is spreads from 0.4 pips, and the commission fee of TD Ameritrade is $0.10 per 1,000 units. 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 PaxForex provides customers with Stocks Trading, Forex Trading, Crypto Trading, and TD Ameritrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading. Concerning the platforms, PaxForex uses Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App, while TD Ameritrade 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 TD Ameritrade was established in 1975 in USA, and it is regulated by SEC, FINRA. Withdrawal of funds from PaxForex can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of varies. And TD Ameritrade provides the ability to withdraw funds using Bank Wire with a withdrawal fee of free. The time for withdrawal in PaxForex is within 1 business day, and that one in TD Ameritrade is one Business Day.
As a result, the rating of PaxForex is 4 stars versus that of TD Ameritrade of 4.5 stars.