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Comparison PaxForex vs XTB
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares PaxForex vs XTB. Is PaxForex or XTB 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 XTB has a commission fee of from 0.3 pips. For trading in Forex, the commission fee of PaxForex is spreads from 0.4 pips, while the commission fee of XTB is from 0.1 pips. We can also analyze commission fees for trading CFD: they are spreads from 5 pips in PaxForex vs 0.08% minimum $8.00 USD in XTB. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: spreads from 50 pips and from 0.3 pips for PaxForex and XTB, respectively. 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, ETFs Trading, Forex Trading, Crypto Trading are provided by XTB. Concerning the platforms, PaxForex uses Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App, while XTB uses 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 XTB was founded in 2002 in United Kingdom, and it is regulated by FCA, IFSC, KNF, CNMV and CMB. We can withdraw funds from PaxForex with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is varies. And XTB provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is free. The withdrawal time for PaxForex is within 1 business day, and that one for XTB is n/A.
Overall, PaxForex boasts 4 stars versus XTB 4.3 stars.