PaxForex
Traders Trust
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Overview
PaxForex was founded in 2011 and is headquartered in Saint Vincent and the Grenadines, while Traders Trust was established in 1998 and is based in Cyprus. PaxForex holds licences including Financial Services Authority (FSA), while Traders Trust is regulated by Financial Conduct Authority (FCA) among others. PaxForex serves 350+ clients worldwide; Traders Trust has 10,000+. The minimum deposit is $10 at PaxForex and $100 at Traders Trust.
| Feature | PaxForex | Traders Trust |
|---|---|---|
| Min. Deposit | $10 | $100 |
| Regulation | Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825 | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f├ó╦å┼í├é┬║r Finanzdienstleistungsaufsicht (BaFin), The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ├ó╦å┼í├óÔé¼┬á e la Borsa (CONSOB), Finansinspektionen (FI), Netherlands Authority for the Financial Markets (AFM), Financial Services Authority (FSA) |
| Founded | 2011 | 1998 |
| Country | Saint Vincent and the Grenadines | Cyprus |
| Clients | 350+ | 10,000+ |
Fees
Fees are a critical factor when choosing between PaxForex and Traders Trust, directly affecting your bottom line as a trader. PaxForex has a lower barrier to entry with a minimum deposit of $10 (vs $100 at Traders Trust). PaxForex charges withdrawal fees while Traders Trust does not, a notable advantage for frequent withdrawers. Traders Trust applies inactivity fees on dormant accounts; PaxForex does not. PaxForex charges deposit fees; Traders Trust does not. Overall, PaxForex scores higher on fees in our assessment.
| Feature | PaxForex | Traders Trust |
|---|---|---|
| Min. Deposit | $10 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
PaxForex offers MT4, MT5, cTrader, while Traders Trust 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 | PaxForex | Traders Trust |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web, iPad, mac, Desktop, iPhone iOS | MT4, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how PaxForex and Traders Trust 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 | Traders Trust |
|---|---|---|
| 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 Traders Trust supports 2 (bank transfer, credit/debit card). PaxForex uniquely supports Skrill and Neteller among the two brokers. PaxForex scores higher on deposit and withdrawal flexibility.
| Feature | PaxForex | Traders Trust |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both PaxForex and Traders Trust offer live chat support. Both provide phone support. Email support is available at both brokers. PaxForex supports 15 languages and Traders Trust supports 2, giving PaxForex broader global reach. Both brokers are comparable on support quality.
| Feature | PaxForex | Traders Trust |
|---|---|---|
| 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, and Chinese |