PaxForex
World Forex Review
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Overview
PaxForex was founded in 2011 and is headquartered in Saint Vincent and the Grenadines, while World Forex Review was established in 2008 and is based in Vanuatu. PaxForex holds licences including Financial Services Authority (FSA), while World Forex Review is regulated by Vanuatu Financial Services Commission (VFSC) among others. PaxForex serves 350+ clients worldwide; World Forex Review has 10,000+. The minimum deposit is $10 at PaxForex and $100 at World Forex Review.
| Feature | PaxForex | World Forex Review |
|---|---|---|
| Min. Deposit | $10 | $100 |
| Regulation | Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825 | Vanuatu Financial Services Commission (VFSC) |
| Founded | 2011 | 2008 |
| Country | Saint Vincent and the Grenadines | Vanuatu |
| Clients | 350+ | 10,000+ |
Fees
Fees are a critical factor when choosing between PaxForex and World Forex Review, directly affecting your bottom line as a trader. PaxForex has a lower barrier to entry with a minimum deposit of $10 (vs $100 at World Forex Review). Both brokers charge withdrawal fees. PaxForex charges deposit fees; World Forex Review does not. Overall, PaxForex scores higher on fees in our assessment.
| Feature | PaxForex | World Forex Review |
|---|---|---|
| Min. Deposit | $10 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
PaxForex offers MT4, MT5, cTrader, while World Forex Review supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. PaxForex supports social and copy trading features, which World Forex Review does not offer. The two brokers are closely matched on platform offering.
| Feature | PaxForex | World Forex Review |
|---|---|---|
| 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 | Android Apps,iPhone/iPad,Desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how PaxForex and World Forex Review 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 | World Forex Review |
|---|---|---|
| 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 World Forex Review 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 | World Forex Review |
|---|---|---|
| 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 World Forex Review offer live chat support. Both provide phone support. Email support is available at both brokers. PaxForex supports 15 languages and World Forex Review supports 2, giving PaxForex broader global reach. Both brokers are comparable on support quality.
| Feature | PaxForex | World Forex Review |
|---|---|---|
| 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 |