PaxForex
Startrader
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Overview
PaxForex was founded in 2011 and is headquartered in Saint Vincent and the Grenadines, while Startrader was established in 2011 and is based in Hong Kong. PaxForex holds licences including Financial Services Authority (FSA), while Startrader is regulated by Financial Conduct Authority (FCA) among others. PaxForex serves 350+ clients worldwide; Startrader has 500,000 +. The minimum deposit is $10 at PaxForex and $50 at Startrader.
| Feature | PaxForex | Startrader |
|---|---|---|
| Min. Deposit | $10 | $50 |
| Regulation | Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825 | Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA) |
| Founded | 2011 | 2011 |
| Country | Saint Vincent and the Grenadines | Hong Kong |
| Clients | 350+ | 500,000 + |
Fees
Fees are a critical factor when choosing between PaxForex and Startrader, directly affecting your bottom line as a trader. PaxForex has a lower barrier to entry with a minimum deposit of $10 (vs $50 at Startrader). Both brokers charge withdrawal fees. PaxForex charges deposit fees; Startrader does not. The two brokers are broadly comparable on fee structure.
| Feature | PaxForex | Startrader |
|---|---|---|
| Min. Deposit | $10 | $50 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | Yes |
Platforms
PaxForex offers MT4, MT5, cTrader, while Startrader supports MT4, MT5, cTrader. PaxForex offers a mobile trading app; mobile availability for Startrader is limited. Both brokers support copy or social trading, catering to less hands-on investors. PaxForex edges ahead on platform breadth and functionality in our scoring.
| Feature | PaxForex | Startrader |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | Web, iPad, mac, Desktop, iPhone iOS | MT4, MT5 and Web Trader |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how PaxForex and Startrader 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.
| Feature | PaxForex | Startrader |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. PaxForex accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while Startrader supports 4 (bank transfer, credit/debit card, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | PaxForex | Startrader |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both PaxForex and Startrader offer live chat support. Both provide phone support. Email support is available at both brokers. PaxForex supports 15 languages and Startrader supports 2, giving PaxForex broader global reach. Both brokers are comparable on support quality.
| Feature | PaxForex | Startrader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Chinese |