PaxForex Vs XTB

How PaxForex and XTB Compare in 2024

PaxForex or XTB who is better?

Compare PAXFOREX Versus XTB and IC Markets broker accounts.


Compare PaxForex Vs XTB Side by Side

So you are looking for a broker, PaxForex or XTB who should you choose?

When trading on financial markets you will want to know all about who PaxForex or XTB are, and how they compare. You will naturally want to know how long PaxForex and XTB have been in business and what reputation PaxForex and XTB have. On top of this, you will need to discover if PaxForex and XTB match your trading needs.

Having a reputable and dependable broker is crucial to your trading. The reason for this is quite a simple one You need to be sure in the knowledge that your money is in a segregated bank account with a financially regulated broker. Let us see how PaxForex and XTB compare.

Well in our side by side comparison we make it easier for you to see what is right for you. As with anything the final decision on which broker to trade with should ultimately be based on what and how you going to trade.

Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of PaxForex and XTB side by side.

If you're itching to start trading, we can assist you in making a well-informed decision when comparing PaxForex and XTB. By comprehensively comparing PaxForex and XTB features and services, you can choose a trading platform that best suits your needs and preferences. We aim to equip you with the knowledge to make an educated decision and feel confident in your trading journey with PaxForex, XTB or an alternative broker.

Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on PaxForex and XTB. To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page.

Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the PaxForex platform or XTB that they are regulated. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.


PaxForex

(2/5)
Benefits of PaxForex?
  • Established in 2010
  • PaxForex have been in business for 14 years.
  • Head quarters in Saint Vincent and the Grenadines.
  • Live Chat
  • PaxForex Min deposit $10
PaxForex screenshot paxforex sign up here
Your capital is at risk
Reputation Support
Good
Good

PaxForex Regulation

PaxForex is regulated by the Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825.

Excluded Countries

PaxForex Fees

Deposit fee No for deposits over $300
Commission No
Inactivity fee No
Withdrawal fee 10
Min trade varies
Max trade varies
Min deposit $10
View all spreads
& fees here
Your capital is at risk

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all PaxForex
funding options here
Your capital is at risk

PaxForex Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

PaxForex Platforms

Web,iPad,mac,Desktop,iPhoneiOS

PaxForex Languages

English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

See PaxForex
features here
Your capital is at risk

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See PaxForex
instruments here
Your capital is at risk

PaxForex Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the PaxForex website. Our records were last updated on .

Visit PaxForex today
Your capital is at risk

XTB

(4/5)
Benefits of XTB?
  • Established in 2002
  • XTB have been in business for 22 years.
  • Head quarters in Poland.
  • Live Chat
  • Segregates clients funds
  • XTB Min deposit $0
XTB screenshot XTB sign up here
76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Reputation Support
Good
Good

XTB Regulation

XTB is regulated by the FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19).

Excluded Countries

US, IN, PK, BD, NG , ID, BE, AU

XTB Fees

Deposit fee No
Commission Yes
Inactivity fee Yes
Withdrawal fee varies
Min trade 0.01 Lot
Max trade 100 Lot
Min deposit $0
View all spreads
& fees here
76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all XTB
funding options here
76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

XTB Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

XTB Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

XTB Languages

English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish

See XTB
features here
76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See XTB
instruments here
76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

XTB Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the XTB website. Our records were last updated on .

Visit XTB today
76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

IC Markets

(4/5)
Benefits of IC Markets?
  • Established in 2007
  • IC Markets have been in business for 17 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • IC Markets Min deposit $200
IC Markets screenshot IC Markets sign up here
Losses can exceed deposits
Reputation Support
Good
Good

IC Markets Regulation

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

Excluded Countries

US, IR, CA, NZ, JP

IC Markets Fees

Deposit fee Varies
Commission Yes
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $200
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all IC Markets
funding options here
Losses can exceed deposits

IC Markets Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

IC Markets Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

IC Markets Languages

English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

See IC Markets
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See IC Markets
instruments here
Losses can exceed deposits

IC Markets Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the IC Markets website. Our records were last updated on .

Visit IC Markets today
Losses can exceed deposits

PaxForex Vs XTB Table of Contents

PaxForex and XTB in Detail

PaxForex Review Screenshot

The PaxForex online trading platform gives traders from all over the world access to over 188 financial instruments including over 5,600 available instruments. There are over 350+ registered customers that have taken advantage of the PaxForex platform.

PaxForex are regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825.

PaxForex Review Screenshot

XTB is a renowned Poland financial trading brokerage established in 2002.

XTB serves customers globally and are regulated by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19). Depending on the country you are trading from PaxForex may serve you from a different business entity to comply with its financial regulators.

XTB is listed as a publically traded company on a major stock market. As part of their regulatory requirements XTB has to disclose a yearly report publically. Because of this extra level of auditing and regulation XTB can be considered trustworthy. PaxForex is listed as a publically traded company so are a reputable broker.

XTB is a popular well known financial trading platform serving over 935,000 customers.

Benefits of PaxForex and XTB Compared

Below, we will give you a summary of the benefits PaxForex and XTB offer side by side.

PaxForex offers a minimum deposit of 10 while XTB have a 0 minimum deposit.

Why smaller trading deposits are good and how PaxForex and XTB compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either PaxForex or XTB. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. PaxForex requires a minimum deposit of 10, whereas XTB mandates a minimum deposit of 0. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's PaxForex or XTB, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

PaxForex allows traders to trade up to 188 financial instruments while XTB have around 5,600 on their trading platform.

The more instruments available on PaxForex and XTB trading platforms the more potential financial instruments you can buy or sell for your portfolio. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of PaxForex or XTB.

The PaxForex trading platform has 42 stocks listed while XTB has 1,696 stocks listed.

PaxForex allows retail traders to trade the following assets Forex trading, CFD trading, on the PaxForex Web,iPad,mac,Desktop,iPhoneiOS trading platforms.

Alternatively XTB allows retail traders to trade Forex, CFDs, Cryptocurrency on the XTB MT4, Mirror Trader, Web Trader, Tablet & Mobile apps trading platforms.

Compare PaxForex and XTB in more detail below.

Drawbacks of PaxForex and XTB Compared

Below we compare what drawbacks PaxForex and XTB have side by side.

Various potential downsides can be associated with certain brokers, including PaxForex and XTB. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by PaxForex compared to XTB. High trading fees and commissions can significantly impact potential profits. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of PaxForex versus XTB.

Broker paxforex XTB IC Markets
Inactivity Fees No Yes No
Withdrawl Fees 10 varies No
Withdrawal Processing Time Varies Varies Varies
Min Deposit 10 0 200
Social Trading No No Yes
Excluded Countries US, IN, PK, BD, NG , ID, BE, AU US, IR, CA, NZ, JP

PaxForex Vs XTB Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with PaxForex or XTB. A diversified portfolio with PaxForex or XTB can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like PaxForex or XTB, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as PaxForex and XTB.

Broker paxforex XTB IC Markets
Instruments Available 188 5600 2250
Offers share dealing No No Yes
Number of Shares 42 1,696 2,100
Offers US Stocks Yes Yes Yes
Offers UK Stocks No Yes Yes
Offers German Stocks No Yes Yes
Offers Japanese Stocks No Yes Yes
Offers Indices Trading Yes Yes Yes
Number of Commodities 40 21 20
Offers Metals Commodities Yes Yes Yes
Offers Energy Commodities No Yes Yes
Offers Agricultural Commodities No Yes Yes
Offers Forex Trading Yes Yes Yes
Number of Forex Pairs 62 57 61
Offers Major Forex Pairs Yes Yes Yes
Offers Minor Forex Pairs Yes Yes Yes
Offers Exotic Forex Pairs Yes Yes Yes
Offers CFD Trading Yes Yes Yes
Offers Social Trading No No Yes

PaxForex Vs XTB Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both PaxForex and XTB, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both PaxForex and XTB offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with PaxForex or XTB is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with PaxForex or XTB could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on PaxForex, XTB, and all brokers are subject to regulation.

We compare PaxForex vs XTB Crypto options below side by side.

Broker paxforex XTB IC Markets
Allows Cryptocurrency Trading (availability subject to regulation) Yes No Yes
Cryptocurrencies Offered BTC, ETH, LTC, XRP ADA, BTC, BCH, DSH, EOS, ETH, IOTA, LTC, NEO, XRP, XLM, TRX, XEM, XLM, XMR BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC

PaxForex Vs XTB Commission and Fees

knowing your trading and commission fees with PaxForex vs XTB is extremely important. For the majority of the PaxForex 188 financial instruments and XTB 5,600 available financial instruments .

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with PaxForex and XTB. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with PaxForex and XTB before you invest because you must know what you are paying.

You ideally want to choose a broker like PaxForex or XTB that does not charge too much for withdrawal fees. High trading fees and commissions will eat into your profits. The fees will be noticeable if you have a low budget and do not intend to invest so much with PaxForex or XTB. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential PaxForex and XTB fees, of course. Make sure you do your research and check the commission and fees with both PaxForex and XTB before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with PaxForex or XTB be aware of or 3rd party payment provider fees and currency conversion fees.

PaxForex does not charge inactivity fees, while XTB does charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant PaxForex and XTB accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your PaxForex or XTB account, or choose to close it.

Usually, the associated fees for dormant PaxForex or XTB accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live PaxForex or XTB trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like PaxForex or XTB you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay PaxForex or XTB nothing for this. If this is the case, it can be a big problem. Constant deposits will eat into your profit, so this will take some consideration before you sign up.

Let's see how PaxForex vs XTB compare side by side for commissions and fees.

Broker paxforex XTB IC Markets
Min Deposit 10 0 200
Inactivity Fees No Yes No
Withdrawal Fees 10 varies No
Deposit Fees No for deposits over $300 No Varies

PaxForex Vs XTB Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the PaxForex and XTB platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an PaxForex or XTB demo account.

Broker paxforex XTB IC Markets
Offers MT4 No No Yes
Offers MT5 No No Yes
Offers cTrader No No Yes

PaxForex Vs XTB Mobile Trading

Trading on your mobile with PaxForex and XTB can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and PaxForex and XTB mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with PaxForex or XTB. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with PaxForex or XTB can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with PaxForex or XTB is essential. Likewise, if you have an android phone, it's crucial to verify if PaxForex or XTB broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if PaxForex and XTB have trading apps compatible with your device.

Broker paxforex XTB IC Markets
Web Platform Yes Yes Yes
IOS Trading App Yes Yes
Android Trading App Yes Yes
Microsoft Trading App No Yes

PaxForex Vs XTB Trading Account Types Offered

PaxForex Vs XTB Demo Account

A demo account with PaxForex or XTB is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an PaxForex and XTB demo account.

PaxForex Vs XTB Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if PaxForex or XTB offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

Both PaxForex and XTB do offer Micro accounts.

PaxForex Vs XTB Standard Account

A standard account is available on PaxForex and XTB to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Both PaxForex and XTB do offer clients Standard accounts.

PaxForex Vs XTB MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with PaxForex or XTB or alternative.

PaxForex and XTB do not offer clients MAM accounts.

PaxForex Vs XTB ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with PaxForex or XTB or alternative.

PaxForex does offer clients ECN accounts, while XTB does not offer clients ECN accounts.

PaxForex Vs XTB Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with PaxForex or XTB or alternative.

Both PaxForex and XTB do offer clients Islamic accounts.

PaxForex Vs XTB STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with PaxForex or XTB or alternative.

Both PaxForex and XTB offer clients STP accounts.

PaxForex Vs XTB Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

PaxForex and XTB do not offer clients Managed accounts.

Broker paxforex XTB IC Markets
Offers Demo Accounts Yes Yes Yes
Offers Micro Accounts Yes Yes No
Offers Standard Accounts Yes Yes Yes
Offers MAM Accounts No No Yes
Offers ECN Accounts Yes No No
Offers Islamic Accounts Yes Yes Yes
Offers STP Accounts Yes Yes No
Offers Managed Accounts No No No

PaxForex Vs XTB Withdrawal and Funding Methods

PaxForex and XTB have multiple deposit and withdrawal options. Funding and withdrawing from your PaxForex and XTB accounts to your chosen payment method should be straightforward. Lets see how PaxForex and XTB compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from PaxForex or XTB.

Broker paxforex XTB IC Markets
Payment Methods Credit cards, Debit cards, Bank Transfer, Neteller, Skrill, Perfect Money, WebMoney, QIWI, FasaPay, Bitcoin, Ethereum, Credit cards, MasterCard, Maestro, Visa, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Poli, Paysafe, Payoneer, Credit cards, Debit Cards, PayPal, Wire Transfer, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, RapidPay, Klarna, Vietnamese Internet Banking, Online Digital Wallets, USDT (Tether),

PaxForex Vs XTB Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of PaxForex or XTB support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the PaxForex and XTB support is always available when needed. PaxForex and XTB customer support is not just useful. broker customer support is crucial to your trading success!

PaxForex Vs XTB Live Chat

Live chat is important for several reasons. When you encounter a problem with PaxForex or XTB trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

Both PaxForex and XTB offer livechat support.

PaxForex Vs XTB Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either PaxForex or XTB you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the PaxForex or XTB support team to answer satisfactorily. Email support with PaxForex and XTB will be needed.

Both PaxForex and XTB offer email support.

PaxForex Vs XTB Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either PaxForex or XTB. We can get straight to the point, saving us time and frustration.

Both PaxForex and XTB offer phone support.

Lets see how PaxForex and XTB customer support compare side by side.

Broker paxforex XTB IC Markets
Offers Live Chat Yes Yes Yes
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Support Email [email protected] [email protected] [email protected]
Phone +44 2035040387 44 2036953085 No

PaxForex Vs XTB Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether PaxForex and XTB are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that PaxForex or XTB have these in place, please be extremely cautious before you proceed with them.

We compare PaxForex Vs XTB financial regulation and licensing side by side below.

Broker paxforex XTB IC Markets
FCA Regulation No Yes No
CySEC Regulation No Yes Yes
MiFID Regulation No No No
ASIC Regulation No No Yes
FSCA Regulation No Yes No
DFSA Regulation No Yes No
MAS Regulation No No No

PaxForex Vs XTB Risk Management Features

When trading with either PaxForex or XTB you will want to understand and make full use of all the risk management features on your PaxForex or XTB trading platforms.

We compare side by side the trading risk management features offered by PaxForex and XTB below.

PaxForex Vs XTB Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

PaxForex does not offer clients hedging, while XTB does offer clients hedging.

PaxForex Vs XTB Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both PaxForex and XTB do offer clients stop losses. Stop Loss and Take Profit are not guaranteed on PaxForex or XTB. You must still monitor any live trades and your financial exposure and financial risk.

PaxForex Vs XTB Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both PaxForex and XTB do offer clients limit orders.

PaxForex Vs XTB Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

Both PaxForex and XTB do offer clients negative balance protection.

Broker paxforex XTB IC Markets
Offers Hedging No Yes Yes
Negative Balance Protection Yes Yes Yes
Guaranteed Stop Loss Yes No No
Offers Limit Orders Yes Yes
Offers Trailing Stops Yes Yes

PaxForex Vs XTB Verdict

We hope this PaxForex Vs XTB guide has helped you decide who is best to trade with out of PaxForex and XTB.

When choosing a broker like PaxForex or XTB for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with PaxForex or XTB are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as PaxForex or XTB, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with PaxForex or XTB.

Also, before you sign up with online brokers like PaxForex or XTB, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with PaxForex or XTB before investing money into something.

Beware of the risks that come with trading with PaxForex or XTB. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all PaxForex and XTB educational resources and financial research tools. If you are new to trading, sign up for a demo account with PaxForex and XTB to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using PaxForex or XTB will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if PaxForex and XTB fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with PaxForex or XTB if your investment strategy is more long-term.

PaxForex and XTB Alternatives

If PaxForex and XTB are not what you are not quite what you are looking for we list some of the best PaxForex and XTB alternatives below.

Other PaxForex and XTB Vs Comparisons

If you are still looking for an alternative to PaxForex and XTB and want to see how PaxForex or XTB compares Vs other brokers check out the PaxForex Vs and XTB Vs list below.

PaxForex Vs Alternatives

Still not happy have a look at some of our alternative PaxForex Vs side by side comparisons below

XTB Vs Alternatives

Still not happy have a look at some of our alternative PaxForex Vs side by side comparisons below

PaxForex Vs XTB Frequently Asked Questions

We answer some of the most frequently asked PaxForex Vs XTB questions below.

Is PaxForex any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is PaxForex legit? - PaxForex are regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825 and have been in business since 2010

Is XTB any Good?

XTB are regulated by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) and have been in business since 2002.

Which is better PaxForex or XTB?

PaxForex does not have a high rating, while XTB does not have a high rating.

Is PaxForex a con?

PaxForex is regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825 and have been in business since 2010. We recommend looking at a PaxForex alternative that has more financial regulation.

Is XTB a con?

XTB is regulated by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) and have been in business since 2002. We recommend looking at a XTB alternative that has more financial regulation.

What happens if PaxForex or XTB go bust?

PaxForex and XTB are regulated, which means that as part of their regulatory obligations PaxForex and XTB have to offer a certain level of financial protection to their clients. PaxForex and XTB should by law keep client funds separate from PaxForex and XTB funds. If either PaxForex or XTB goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the PaxForex and XTB websites and regulators.

Are PaxForex or XTB good for beginners?

PaxForex and XTB offer low deposits and access to a selection of market insights and news resources. Both PaxForex and XTB offer demo accounts. Demo trading accounts are a big plus for PaxForex and XTB as it shows they are interested in their customers.


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