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Comparison PaxForex vs TradeStation
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare PaxForex vs TradeStation. Which of them: PaxForex or TradeStation a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of PaxForex on regular transactions of the stock exchange is spreads from 5 pips, and TradeStation has a commission fee of 4. When analyzing commission fees in CFD: PaxForex provides spreads from 5 pips, and TradeStation provides 4. For a more complete picture, let’s consider trading in the metal market, where PaxForex and TradeStation have commission fees of spreads from 50 pips and 4, 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 PaxForex provides customers with Stocks Trading, Forex Trading, Crypto Trading, and TradeStation provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading. As for platforms, PaxForex offers Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App, while TradeStation offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, 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. PaxForex was founded in 2014 in St. Vincent and Grenadines, and it is regulated by Not Regulated. And TradeStation was founded in 1982 in United States, and it is regulated by SEC, FINRA. We can withdraw funds from PaxForex with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is varies. And TradeStation provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $35 for US domestic withdrawals. The withdrawal time for PaxForex is within 1 business day, and that one for TradeStation is 3-5 business days.
Overall, PaxForex boasts 4 stars versus TradeStation 3.8 stars.