B

lqdfx

8.4/10

PaxForex

7.6/10
10/10WinnerRegulation6/10
1/10FeesWinner10/10
9/10PlatformsTied9/10
10/10Education & ResearchTied10/10
10/10WinnerDeposits & Withdrawals7.5/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

lqdfx was founded in 2017 and is headquartered in Portugal, while PaxForex was established in 2011 and is based in Saint Vincent and the Grenadines. lqdfx holds licences including Financial Conduct Authority (FCA), while PaxForex is regulated by Financial Services Authority (FSA) among others. lqdfx serves 200,000+ clients worldwide; PaxForex has 350+. The minimum deposit is $250 at lqdfx and $10 at PaxForex.

lqdfx wins this category
FeaturelqdfxPaxForex
Min. Deposit$250$10
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F272Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825
Founded20172011
CountryPortugalSaint Vincent and the Grenadines
Clients200,000+350+

Fees

Fees are a critical factor when choosing between lqdfx and PaxForex, directly affecting your bottom line as a trader. PaxForex has a lower barrier to entry with a minimum deposit of $10 (vs $250 at lqdfx). PaxForex charges withdrawal fees while lqdfx does not, giving lqdfx an edge for frequent withdrawers. PaxForex charges deposit fees; lqdfx does not. Overall, PaxForex scores higher on fees in our assessment.

PaxForex wins this category
FeaturelqdfxPaxForex
Min. Deposit$250$10
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesYesNo

Platforms

lqdfx 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 lqdfx does not offer. The two brokers are closely matched on platform offering.

Tied
FeaturelqdfxPaxForex
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsWeb, iPad, mac, Desktop, iPhone iOS

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how lqdfx 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
FeaturelqdfxPaxForex
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. lqdfx accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while PaxForex supports 4 (bank transfer, credit/debit card, Skrill, Neteller). lqdfx uniquely supports PayPal among the two brokers. lqdfx scores higher on deposit and withdrawal flexibility.

lqdfx wins this category
FeaturelqdfxPaxForex
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesYes
NetellerYesYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both lqdfx and PaxForex offer live chat support. Both provide phone support. Email support is available at both brokers. lqdfx supports 8 languages and PaxForex supports 15, giving PaxForex broader global reach. Both brokers are comparable on support quality.

Tied
FeaturelqdfxPaxForex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian