Comparison PaxForex vs UFX

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare PaxForex vs UFX. Which of them: PaxForex or UFX a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. PaxForex has a commission fee of spreads from 5 pips, and UFX has a commission fee of from 130. For trading in Forex, the commission fee of PaxForex is spreads from 0.4 pips, while the commission fee of UFX is from 2. We can also analyze commission fees for trading CFD: they are spreads from 5 pips in PaxForex vs from 50 in UFX. For a more complete picture, let’s consider trading in the metal market, where PaxForex and UFX have commission fees of spreads from 50 pips and from 50, 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 UFX provides customers with Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading. As for platforms, PaxForex offers Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App, while UFX offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, 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. PaxForex was founded in 2014 in St. Vincent and Grenadines, and it is regulated by Not Regulated. And UFX was founded in 2007 in Republic of Vanuatu, and it is regulated by VFSC. We can withdraw funds from PaxForex with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is varies. And UFX provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. The withdrawal time for PaxForex is within 1 business day, and that one for UFX is up to 10 business days.

As a result, the rating of PaxForex is 4 stars versus that of UFX of 3.6 stars.