B

Evans and Partners

6/10

PaxForex

7.6/10
5/10RegulationWinner6/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsWinner7.5/10
10/10SupportTied10/10

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Overview

Evans and Partners was founded in 2012 and is headquartered in USA, while PaxForex was established in 2011 and is based in Saint Vincent and the Grenadines. Evans and Partners holds licences including Unregulated, while PaxForex is regulated by Financial Services Authority (FSA) among others. Evans and Partners serves 10,000+ clients worldwide; PaxForex has 350+. The minimum deposit is $500 at Evans and Partners and $10 at PaxForex.

PaxForex wins this category
FeatureEvans and PartnersPaxForex
Min. Deposit$500$10
RegulationUnregulatedFinancial Services Authority (FSA), Registration Number 21973 IBC 2014 1825
Founded20122011
CountryUSASaint Vincent and the Grenadines
Clients10,000+350+

Fees

Fees are a critical factor when choosing between Evans and Partners 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 Evans and Partners). PaxForex charges withdrawal fees while Evans and Partners does not, giving Evans and Partners an edge for frequent withdrawers. Evans and Partners applies inactivity fees on dormant accounts; PaxForex does not. PaxForex charges deposit fees; Evans and Partners does not. Overall, PaxForex scores higher on fees in our assessment.

PaxForex wins this category
FeatureEvans and PartnersPaxForex
Min. Deposit$500$10
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesNo

Platforms

Evans and Partners offers MT4, MT5, cTrader, while PaxForex supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. PaxForex supports social and copy trading features, which Evans and Partners does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureEvans and PartnersPaxForex
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4,MetaTrader 5Web, iPad, mac, Desktop, iPhone iOS

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Evans and Partners and PaxForex compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.

Tied
FeatureEvans and PartnersPaxForex
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Evans and Partners 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.

PaxForex wins this category
FeatureEvans and PartnersPaxForex
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Evans and Partners and PaxForex offer live chat support. Both provide phone support. Email support is available at both brokers. Evans and Partners supports 2 languages and PaxForex supports 15, giving PaxForex broader global reach. Both brokers are comparable on support quality.

Tied
FeatureEvans and PartnersPaxForex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian