Comparison PaxForex vs Vantage FX
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare PaxForex vs Vantage FX. Which of them: PaxForex or Vantage FX a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. Now, let’s compare commission fees in Forex, the commission fee of PaxForex is spreads from 0.4 pips, and the commission fee of Vantage FX is from 0.0 pips + $3 commission per 1 lot. For a more complete picture, let’s consider trading in the metal market, where PaxForex and Vantage FX have commission fees of spreads from 50 pips and from 0.23 pips, respectively. You can read more detailed information on commission fees in the online broker reviews.
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 Forex Trading, Crypto Trading are provided by Vantage FX. As for platforms, PaxForex offers Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App, while Vantage FX offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, 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 Vantage FX was established in 2009 in Australia, and it is regulated by ASIC. We can withdraw funds from PaxForex with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is varies. And Vantage FX provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. The time for withdrawal in PaxForex is within 1 business day, and that one in Vantage FX is 3 - 10 business days.
As a result, the rating of PaxForex is 4 stars versus that of Vantage FX of 4.9 stars.