Abshire Smith
PaxForex
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Overview
Abshire Smith was founded in 1997 and is headquartered in United kingdom, while PaxForex was established in 2011 and is based in Saint Vincent and the Grenadines. Abshire Smith holds licences including Financial Conduct Authority (FCA), while PaxForex is regulated by Financial Services Authority (FSA) among others. Abshire Smith serves 10,000+ clients worldwide; PaxForex has 350+. The minimum deposit is $500 at Abshire Smith and $10 at PaxForex.
| Feature | Abshire Smith | PaxForex |
|---|---|---|
| Min. Deposit | $500 | $10 |
| Regulation | Financial Conduct Authority (FCA) | Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825 |
| Founded | 1997 | 2011 |
| Country | United kingdom | Saint Vincent and the Grenadines |
| Clients | 10,000+ | 350+ |
Fees
Fees are a critical factor when choosing between Abshire Smith and PaxForex, directly affecting your bottom line as a trader. PaxForex has a lower barrier to entry with a minimum deposit of $10 (vs $500 at Abshire Smith). PaxForex charges withdrawal fees while Abshire Smith does not, giving Abshire Smith an edge for frequent withdrawers. Abshire Smith charges deposit fees; PaxForex does not. Overall, PaxForex scores higher on fees in our assessment.
| Feature | Abshire Smith | PaxForex |
|---|---|---|
| Min. Deposit | $500 | $10 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | No |
Platforms
Abshire Smith offers MT4, MT5, cTrader, while PaxForex supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Abshire Smith | PaxForex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4, cTrader Platform | Web, iPad, mac, Desktop, iPhone iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Abshire Smith and PaxForex compare. PaxForex runs regular live webinars; Abshire Smith does not. PaxForex has a video library; Abshire Smith does not. PaxForex publishes daily market commentary; Abshire Smith does not. PaxForex integrates third-party research tools (Trading Central, Autochartist); Abshire Smith does not. PaxForex maintains an archive of past webinars for on-demand viewing. PaxForex scores higher overall in education and research.
| Feature | Abshire Smith | PaxForex |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Abshire Smith accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while PaxForex supports 4 (bank transfer, credit/debit card, Skrill, Neteller). PaxForex uniquely supports Skrill and Neteller among the two brokers. PaxForex scores higher on deposit and withdrawal flexibility.
| Feature | Abshire Smith | PaxForex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Abshire Smith and PaxForex offer live chat support. Both provide phone support. Email support is available at both brokers. Abshire Smith supports 2 languages and PaxForex supports 15, giving PaxForex broader global reach. Both brokers are comparable on support quality.
| Feature | Abshire Smith | PaxForex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian |