PaxForex
Valutrades
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Overview
PaxForex was founded in 2011 and is headquartered in Saint Vincent and the Grenadines, while Valutrades was established in 2008 and is based in UK. PaxForex holds licences including Financial Services Authority (FSA), while Valutrades is regulated by Unregulated among others. PaxForex serves 350+ clients worldwide; Valutrades has 10,000+. The minimum deposit is $10 at PaxForex and $0 at Valutrades.
| Feature | PaxForex | Valutrades |
|---|---|---|
| Min. Deposit | $10 | $0 |
| Regulation | Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825 | Unregulated |
| Founded | 2011 | 2008 |
| Country | Saint Vincent and the Grenadines | UK |
| Clients | 350+ | 10,000+ |
Fees
Fees are a critical factor when choosing between PaxForex and Valutrades, directly affecting your bottom line as a trader. Valutrades has a lower barrier to entry with a minimum deposit of $0 (vs $10 at PaxForex). PaxForex charges withdrawal fees while Valutrades does not, a notable advantage for frequent withdrawers. PaxForex charges deposit fees; Valutrades does not. The two brokers are broadly comparable on fee structure.
| Feature | PaxForex | Valutrades |
|---|---|---|
| Min. Deposit | $10 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
PaxForex offers MT4, MT5, cTrader, while Valutrades 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 | Valutrades |
|---|---|---|
| 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 | iPhone,iOS,Mac,iPad,Android,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how PaxForex and Valutrades 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. PaxForex scores higher overall in education and research.
| Feature | PaxForex | Valutrades |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 Valutrades 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 | Valutrades |
|---|---|---|
| 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 Valutrades offer live chat support. Both provide phone support. Email support is available at both brokers. PaxForex supports 15 languages and Valutrades supports 2, giving PaxForex broader global reach. Both brokers are comparable on support quality.
| Feature | PaxForex | Valutrades |
|---|---|---|
| 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 |