Forex trading account types
| Cent |
| Minimum deposit$10 |
| Min. Spread2.4 |
| Shares |
| Priority execution |
| Min. lot size0.0001 |
| Open |
| Mini |
| Minimum deposit$100 |
| Min. Spread1.4 |
| Shares |
| Priority execution |
| Min. lot size0.01 |
| Open |
| Standard |
| Minimum deposit$2 000 |
| Min. Spread0.4 |
| Shares |
| Priority execution |
| Min. lot size0.01 |
| Open |
| VIP |
| Minimum deposit$10 000 |
| Min. Spread0.4 |
| Shares |
| Priority execution |
| Min. lot size0.01 |
| Open |
| Account type | Cent | Mini | Standard | VIP |
| Min. Spread | 2.4 | 1.4 | 0.4 | 0.4 |
| Personal education: | - | - | + | + |
| Recommended deposit: | $100 | $500 | $5 000 | $50 000 |
| Minimum deposit: | $10 | $100 | $2 000 | $10 000 |
| Account currency | USD | USD, EUR, GBP | USD, EUR, GBP | USD, EUR, GBP |
| Max. leverage: | 1:500 | 1:500 | 1:500 | 1:500 |
| Min. volume lot: | 0.0001 | 0.01 | 0.01 | 0.01 |
| Lot size | 1 000 | 100 000 | 100 000 | 100 000 |
| Gold and silver: | + | + | + | + |
| Shares | - | - | + | + |
| Max. lot size: | ∞ | ∞ | ∞ | ∞ |
| Margin call | 55% | 10% | 10% | 10% |
| Stop out: | 20% | 5% | 5% | 5% |
| VPS by Request | $25/mon | $25/mon | $25/mon | free |
| Priority execution | - | - | - | + |
| Personal manager: | - | - | + | + |
| Swap free: | - | +* | +* | +* |
| Open | Open | Open | Open |
*Upon the client's request (for Muslims only)
Forex Account Types
Paxforex broker is a fast growing forex trading company with a highly experienced management board, committed to offering our clients the highest quality forex service, technology, support, and terms of business within the Forex Trading industry.
At PaxForex we provide you with the flexibility to choose among 5 different Forex Trading account types. Our objective is to meet your individual needs while offering a professional and personal service irrespective of the forex type of account you may choose. Each Forex account type gives the forex investor full access to the highly accredited MetaTrader4 trading platform, which includes unlimited charts and technical indicators, automated trading, mobile trading software and access to detailed forex account information. Our clients often start trading from mini forex trading account to feel all features.
All clients are assisted directly by our traders, who can be conveniently contacted via email, telephone and chat services. Regular intra-day market updates as well as a strategic outlook on the main currency pairs are delivered free of charge.
Forex mini account
Forex Account designed for new forex traders. Allowing to trade Forex without exposing clients to high risk. The minimum deposit is 100 USD. Has competitive Forex spreads.
Standard Forex Account
Forex Account funded at 2000 USD and up to 9 999 USD and is appropriate for experienced as well as professional Forex traders with a distinctive knowledge of the Forex. Has lowest forex spreads, allowing to trade Forex, Gold, Silver.
VIP Forex Account
Forex Account funded at 10 000 USD and more. It is designed for experienced and professional Forex traders who are ready to trade significant volumes. Has lowest Forex spreads, allowing trading Forex, Gold, Silver, plus direct access to their own personal Account Manager, through phone, chat or email.
Cent Forex Account
Designed for newcomers who wants to get an expirience of real money trading with lowest risks. Cent forex account is a perfect way to adjust your own trading strategy, or expert advisor testing with the broker trading conditions.
Islamic Forex Account
PaxForex introduces special accounts - Islamic swap-free accounts. Rather than swap, a settled financing charge (commission) is applicable on the account and it bases on the asset traded and the amount of lots only, not on the interest rate. This account was initiated specifically for clients of Muslim beliefs who cannot earn or pay any interest due to Sharia law.
You can start with forex trading mini account to taste real trading and then move on and achieve better and better results.