Interactive Investor
PaxForex
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Interactive Investor was founded in 1995 and is headquartered in UK, while PaxForex was established in 2011 and is based in Saint Vincent and the Grenadines. Interactive Investor holds licences including Financial Conduct Authority (FCA), while PaxForex is regulated by Financial Services Authority (FSA) among others. Interactive Investor serves 10,000+ clients worldwide; PaxForex has 350+. The minimum deposit is $1 at Interactive Investor and $10 at PaxForex.
| Feature | Interactive Investor | PaxForex |
|---|---|---|
| Min. Deposit | $1 | $10 |
| Regulation | Financial Conduct Authority (FCA) | Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825 |
| Founded | 1995 | 2011 |
| Country | UK | Saint Vincent and the Grenadines |
| Clients | 10,000+ | 350+ |
Fees
Fees are a critical factor when choosing between Interactive Investor and PaxForex, directly affecting your bottom line as a trader. Interactive Investor has a lower barrier to entry with a minimum deposit of $1 (vs $10 at PaxForex). PaxForex charges withdrawal fees while Interactive Investor does not, giving Interactive Investor an edge for frequent withdrawers. Interactive Investor applies inactivity fees on dormant accounts; PaxForex does not. PaxForex charges deposit fees; Interactive Investor does not. The two brokers are broadly comparable on fee structure.
| Feature | Interactive Investor | PaxForex |
|---|---|---|
| Min. Deposit | $1 | $10 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Interactive Investor 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 | Interactive Investor | PaxForex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web Trader, ProTrader, Tablet & Mobile apps | 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 Interactive Investor and PaxForex compare. PaxForex runs regular live webinars; Interactive Investor does not. Both provide video tutorials. PaxForex publishes daily market commentary; Interactive Investor does not. Both integrate third-party research tools. PaxForex maintains an archive of past webinars for on-demand viewing. PaxForex scores higher overall in education and research.
| Feature | Interactive Investor | PaxForex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Interactive Investor 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 | Interactive Investor | 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 Interactive Investor and PaxForex offer live chat support. Both provide phone support. Email support is available at both brokers. Interactive Investor supports 2 languages and PaxForex supports 15, giving PaxForex broader global reach. Both brokers are comparable on support quality.
| Feature | Interactive Investor | 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 |