PaxForex
Uniglobe Markets
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Overview
PaxForex was founded in 2011 and is headquartered in Saint Vincent and the Grenadines, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. PaxForex holds licences including Financial Services Authority (FSA), while Uniglobe Markets is regulated by Unregulated among others. PaxForex serves 350+ clients worldwide; Uniglobe Markets has 10,000+. Both brokers share the same minimum deposit of $10.
| Feature | PaxForex | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $10 | $10 |
| Regulation | Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825 | Unregulated |
| Founded | 2011 | 2008 |
| Country | Saint Vincent and the Grenadines | Marshall Islands |
| Clients | 350+ | 10,000+ |
Fees
Fees are a critical factor when choosing between PaxForex and Uniglobe Markets, directly affecting your bottom line as a trader. Both require a minimum deposit of $10. PaxForex charges withdrawal fees while Uniglobe Markets does not, a notable advantage for frequent withdrawers. PaxForex charges deposit fees; Uniglobe Markets does not. The two brokers are broadly comparable on fee structure.
| Feature | PaxForex | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $10 | $10 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
PaxForex offers MT4, MT5, cTrader, while Uniglobe Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. PaxForex supports social and copy trading features, which Uniglobe Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | PaxForex | Uniglobe Markets |
|---|---|---|
| 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 | Windows ├é┬¼├ó╦åÔÇÿ MacOS X. Multiple Terminal. Android. IOS. |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how PaxForex and Uniglobe Markets compare. PaxForex runs regular live webinars; Uniglobe Markets does not. PaxForex has a video library; Uniglobe Markets does not. PaxForex publishes daily market commentary; Uniglobe Markets does not. PaxForex integrates third-party research tools (Trading Central, Autochartist); Uniglobe Markets does not. PaxForex maintains an archive of past webinars for on-demand viewing. PaxForex scores higher overall in education and research.
| Feature | PaxForex | Uniglobe Markets |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
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 Uniglobe Markets 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 | Uniglobe Markets |
|---|---|---|
| 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 Uniglobe Markets offer live chat support. Both provide phone support. Email support is available at both brokers. PaxForex supports 15 languages and Uniglobe Markets supports 2, giving PaxForex broader global reach. Both brokers are comparable on support quality.
| Feature | PaxForex | Uniglobe Markets |
|---|---|---|
| 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 |