How to open PaxForex's Cryptocurrency trading account? | Account Types & Promotions

PaxForex is a prominent Forex broker that offers robust cryptocurrency trading services through the acclaimed MetaTrader 4 platform, facilitating efficient and reliable trading. The platform is supported by advanced IT infrastructures in major global data centers, ensuring fast execution and low latency. PaxForex provides competitive trading conditions such as low spreads, high leverage, and rapid processing of deposits and withdrawals. A variety of account types are available, each designed to meet different trader needs, from beginners to professionals, including options for personal education and multilingual support. Additionally, PaxForex enhances trading experiences with features like zero commission on deposits over $300, diverse account options, and a 100% loyalty deposit bonus to support traders’ strategies and investment goals.

Go to PaxForex Official Website

PaxForex Cryptocurrency Trading Service

PaxForex stands out as a leading Forex broker, providing an extensive range of services tailored to cater to both novice and seasoned traders. This article will provide a detailed overview of PaxForex’s cryptocurrency trading services, highlighting the features that make it a top choice for traders looking for reliable and efficient trading platforms.

Invest in Cryptocurrencies

Robust Trading Platform: MetaTrader 4

At the core of PaxForex’s offerings is the MetaTrader 4 platform, recognized globally for its advanced capabilities. MetaTrader 4 is the preferred choice for traders due to its user-friendly interface and comprehensive tools that support effective trading strategies. The platform’s reliability is enhanced by its deployment on robust IT infrastructures within leading data centers in London (Equinix LD4) and New York (Equinix NY4). This strategic setup ensures minimal latency due to direct fiber optic connections to major exchanges and liquidity providers.

Key Features of PaxForex Trading:

Fast Execution:

Trades are executed swiftly to take advantage of the rapidly changing cryptocurrency markets. This speed is backed by state-of-the-art data centers which ensure that trading actions are processed without delay.

Competitive Spreads:

PaxForex offers low spreads, updating currency pair prices three times per second. This ensures that traders receive the most current and competitive rates, closely mirroring global market levels.

High Leverage Options:

Traders can benefit from high leverage, which allows them to control larger positions than their current account balance would ordinarily permit. This can potentially lead to higher returns, though it also increases risk exposure.

Efficient Deposit and Withdrawal Processes:

PaxForex prides itself on the efficiency of its financial transactions. Most deposits are processed within 7 minutes, and a significant majority of withdrawals are completed in less than 30 minutes, ensuring that clients have rapid access to their funds.

Diverse Account Options:

The broker offers various account types including Mini, Standard, and VIP, each tailored to different trader needs based on experience levels and investment amounts. These accounts come with distinct features like variable spreads and minimum lot sizes.

Multilingual Support:

Recognizing the global nature of trading, PaxForex provides customer support in multiple languages, catering to clients from over 50 countries daily.

Zero Commission on Deposits Over $300:

PaxForex does not charge any fees on deposits, and for amounts over $300, even third-party fees are covered (except for bank transfers).

Open an MT4 account

Educational and Supportive Services for Traders

For Beginners:

PaxForex offers free training, personal manager services, and an easy registration process, helping new traders navigate the complexities of forex and cryptocurrency markets.

For Experienced Traders:

Seasoned traders can benefit from optimal trading conditions like best spreads and trusted platforms, tailored to enhance their trading strategies.

PaxForex has established itself as a reliable and efficient brokerage, particularly attractive for those looking to trade cryptocurrencies. With its robust MetaTrader 4 platform, strategic infrastructure, and a range of supportive services, PaxForex creates optimal conditions for traders at all levels. Whether you are beginning in the world of Forex or are a professional in the financial markets, PaxForex provides the tools and resources needed to potentially enhance your trading success.

Invest in Cryptocurrency market

PaxForex’s Account Types

PaxForex caters to a diverse range of traders by offering different account types, each designed to meet specific trading needs and experience levels. Here, we explore the features of each account type, particularly emphasizing their suitability for cryptocurrency trading.

Go to PaxForex Official Website

Cent Account

The Cent Account is ideal for newcomers to forex and cryptocurrency trading. It allows for trading with real money but significantly lowers risks, making it an excellent choice for those newly exploring the trading arena. The account demands a minimum deposit of $10, with a recommended deposit of $100, and offers a minimum spread of 2.4. Traders can enjoy leverage up to 1:500, and the account is denominated in USD with a minimum volume lot of 0.0001 and a lot size of 1,000. This account is designed for traders to test strategies without significant capital outlay.

Open a Cent account

Mini Account

A step up, the Mini Account suits traders with some market experience. It requires a minimum deposit of $100 and a recommended deposit of $500, featuring a more favorable minimum spread of 1.4. Like the Cent Account, it offers leverage of up to 1:500 and includes additional currency options such as EUR and GBP. The minimum volume lot remains at 0.01, but the lot size increases to 100,000. The Mini Account also supports swap-free trading, appealing to traders following Islamic finance principles.

Open a Mini account

Standard Account

Designed for experienced traders, the Standard Account offers advanced features with a minimum deposit of $2,000 and a recommended deposit of $5,000. It boasts the lower spread of 0.4 and maintains the leverage of up to 1:500. Account currencies include USD, EUR, and GBP, and the lot size is consistent at 100,000. Traders benefit from additional services such as personal education and a personal manager, enhancing their trading experience and providing valuable insights. This account also allows trading in shares, broadening the investment opportunities for its holders.

Open a Standard account

VIP Account

The VIP Account is tailored for professional traders and individuals prepared to handle large volumes, requiring a minimum deposit of $10,000 and a recommended deposit of $50,000. It shares the low spread of 0.4 and offers significant advantages such as free VPS, priority execution, and the dedicated attention of a personal manager. With leverage up to 1:500, the account supports major currencies like USD, EUR, and GBP and facilitates extensive trading capacities with a lot size of 100,000. Swap-free options are available, providing flexibility in compliance with various trading preferences and principles.

Open a VIP account

General Features Across All Accounts

All account holders at PaxForex benefit from access to the MetaTrader 4 platform, known for its superior charting, automated trading capabilities, and comprehensive market analysis tools. Additional shared features include trading in gold and silver, a maximum leverage of 1:500, and the flexibility of infinite maximum lot size.

Choosing the correct PaxForex account depends on the trader’s level of experience, capital availability, and strategic needs. Beginners might prefer the Cent or Mini accounts to learn market dynamics safely, while experienced and professional traders might select the Standard or VIP accounts for their competitive spreads, advanced features, and comprehensive trading support.

Go to PaxForex Official Website

How to open an account with PaxForex?

Starting to trade cryptocurrencies with PaxForex involves a few straightforward steps that leverage its robust trading infrastructure and diverse account options. Here’s how to get started:

1. Choose an Account Type: Evaluate your trading needs and experience to select the most suitable account type offered by PaxForex. Options range from Cent accounts for beginners to VIP accounts for seasoned traders, each with distinct features like variable spreads and access to leverage up to 1:500.
2. Register and Verify Your Account: Complete the registration process on the PaxForex platform. This will include providing some personal details and passing a verification process to meet regulatory requirements.
3. Deposit Funds: Log into your PaxForex account and navigate to the “Deposit/Withdrawal” section to fund your account. PaxForex supports various funding methods, including bank transfers and electronic payments, with no deposit fees on amounts over $300.
4. Start Trading: Once your account is funded, you can start trading cryptocurrencies using the MT4 platform. You can take advantage of PaxForex’s competitive spreads and fast execution speeds to trade popular cryptocurrencies like Bitcoin and Ethereum.

Additionally, PaxForex provides educational resources and personal manager services to help new traders understand market dynamics and refine their trading strategies. With support for multiple languages and rapid processing of both deposits and withdrawals, PaxForex offers a conducive environment for trading cryptocurrencies efficiently.

Go to the Registration Page

PaxForex’s Cryptocurrency Trading Conditions

PaxForex allows users to engage in cryptocurrency trading with an emphasis on major cryptocurrencies like Bitcoin and Ethereum. Utilizing the MetaTrader 4 (MT4) platform, known for its reliability and range of features, PaxForex offers a robust trading environment. This article outlines the specific trading conditions offered by PaxForex for cryptocurrencies, focusing on various aspects such as spreads, leverage, and account features.

Key Cryptocurrencies Traded

Bitcoin (BTC)

• Symbol: #BTCUSD
• Market Cap: Over $327 billion
• Maximum Supply: 21 million coins
• Current Price: Approximately $12,859.21
• Historical Gain in 2017: 1973%

Bitcoin is the pioneering cryptocurrency, created by an anonymous entity under the pseudonym Satoshi Nakamoto. It remains the largest cryptocurrency by market cap.

Trade Bitcoin with PaxForex

Ethereum (ETH)

• Symbol: #ETHUSD
• Market Cap: Around $70 billion
• Maximum Supply: 93 million coins
• Current Price: Roughly $347.60
• Historical Gain in 2017: 9075%

Ethereum, developed by Russian programmer Vitalik Buterin, is the second largest cryptocurrency and has been endorsed by major corporations like Microsoft and Intel.

Trade Ethereum with PaxForex

Trading Conditions

Spreads and Swaps

• Bitcoin Typical Spread: 95
• Ethereum Typical Spread: 9

PaxForex offers competitive spreads for cryptocurrency trading, with notably low spreads on Ethereum compared to industry standards.

Leverage and Margin Requirements

• Stable Leverage: 1:5
• Margin Call: 10%
• Stop Out Level: 5%

The leverage offered by PaxForex for cryptocurrency trading is set at a stable rate of 1:5, which does not fluctuate based on the account balance or market conditions. This moderate leverage allows for enhanced control over risk management. The relatively low stop out level and margin call percentage also aid traders in managing positions during volatile market conditions.

Invest in Cryptocurrencies

Account Types and Features

PaxForex offers different account types, each suited to varying trader needs:

Standard Account:

Spreads start from 0.4 pip.

Mini Account:

Spreads begin at 1.4.

Open an account with PaxForex

Additional Features

100% Loyalty Deposit Bonus:

PaxForex currently offers a tradable deposit bonus with no withdrawal limits, enhancing the trading power of its clients.

STP+ECN Market Execution:

Trades are executed without requotes, and transactions are performed close to the current market prices, ensuring transparency and efficiency.

Personal Manager and 24/5 Support:

Traders can access personalized assistance and round-the-clock support to address any inquiries or issues.

Fast Deposits and Withdrawals:

For e-wallet users, funds typically appear in the respective IDs within 10 to 60 minutes, with the maximum processing time capped at one working day.

PaxForex stands out in the realm of cryptocurrency trading by offering robust conditions that cater to both novice and experienced traders. The platform combines competitive spreads, stable leverage, and a variety of account features with the reliability of the MT4 platform, making it an attractive choice for traders interested in Bitcoin and Ethereum.

Go to PaxForex Official Website

PaxForex Fund Deposit and Withdrawal Methods

PaxForex provides its clients with straightforward, secure online facilities to perform rapid deposits and withdrawals, facilitating smooth transactions in multiple currencies through various methods including bank transfers, credit/debit cards, and several digital payment systems.

To deposit funds into a Forex trading account at PaxForex, clients need to log into the myPaxForex portal, navigate to the “Deposit/Withdrawal” page, and follow the instructions provided on the deposit form. The process is designed to be user-friendly.

Features of Deposit Methods:

Instantaneous Transfers:

All transfers made through electronic payment systems are automatic, ensuring that funds become available for trading immediately.

Bank Transfers:

These are typically processed within 24 hours from the receipt of funds to the company’s bank account. However, depending on the bank, this can extend up to 3 to 5 working days.

No Deposit Fees:

PaxForex does not charge any fees for deposits. Any fees incurred are from the card processor or electronic payment systems. However, PaxForex covers all fees for deposits of $300 or above, except for bank transfers.

Variety of Methods:

Deposits can be made using Neteller, Skrill (Moneybookers), Perfect Money, among others, with fees varying by method. For instance, Neteller transactions carry a fee between 3.2% and 3.7% plus a minimum of $0.29, while Perfect Money offers a 0% fee on deposits.

PaxForex prioritizes the safety and security of all transactions. Advanced encryption technologies are utilized to ensure privacy and security over the Internet, and all personal information is held in the strictest confidence, not shared with any third parties.

Invest in Cryptocurrencies

Withdrawal Procedures at PaxForex

Withdrawals at PaxForex are processed daily from 9:00 to 18:00 Server time (GMT+2), except on weekends and holidays. Requests submitted after 18:00 (GMT+2) are carried over to the next working day. Importantly, funds withdrawals are only available to account holders and cannot be transferred to third parties.

Features of Withdrawal Methods:

Timely Processing:

Withdrawals via methods like Skrill, Neteller, and WebMoney are usually processed within one working day.

Withdrawal Limits and Fees:

The minimum withdrawal amount is $10. While PaxForex does not charge withdrawal fees for most methods, exceptions apply, such as for credit/debit card withdrawals which incur a fee of 5.5% (minimum $10 USD) to cover part of the card processor’s charges.

Bank Transfers:

Withdrawals by bank transfer are processed within one business day, but the funds may take between 4 to 7 business days to appear in your bank account, depending on your bank.

Funds are held in segregated accounts in investment-grade European banks, ensuring that clients’ capital is well-protected and managed with a high standard of accountability. PaxForex meets stringent capital adequacy requirements, comparable to those of banks, to further ensure financial stability and security.

Open an account with PaxForex

PaxForex 100% Loyalty Deposit Bonus

PaxForex offers an enticing 100% Loyalty Deposit Bonus, designed to significantly enhance the trading capabilities of its clients. This bonus is especially beneficial for those trading in the cryptocurrency markets, where additional funds can equate to greater leverage and increased position sizes. Here’s a detailed look at how the bonus works and the advantages it offers to traders.

Get a 100% Deposit Bonus

Eligibility and Activation

To qualify for the 100% Loyalty Deposit Bonus, PaxForex clients need to deposit $1,200 or more (or the equivalent in euros). Once the deposit is made, the bonus is activated. Importantly, this bonus is stackable; each time a deposit of $1,200 or more is made, the bonus is reactivated. This means that whether a trader makes two deposits of $1,200 each or a single deposit of $2,400, the total bonus activated remains the same.

Go to PaxForex Official Website

Bonus Distribution

The bonus amount is matched to the deposit and is distributed over the course of one year. The distribution starts almost immediately once the deposit clears, with the first installment of the bonus added to the trader’s account. The total bonus amount is divided into twelve equal parts, with one part disbursed each month. This gradual distribution helps traders increase their leverage steadily over the year, independent of their trading outcomes.

Get a 100% Deposit Bonus

Conditions for Monthly Bonus Receipt

To receive each monthly bonus installment, a few conditions must be met:

• At least 31 days must have passed since the last bonus installment.
• The trader must trade a minimum number of lots, calculated as the monthly bonus divided by ten.
• The equity on the trading account must not be less than the amount of the planned deposit bonuses.
• The net deposit amount (deposits minus withdrawals) must be positive.

In cases where a trader experiences a stop out, the next monthly bonus can still be granted after a fresh deposit is made, without necessarily completing the required number of lots.

Open an account with PaxForex

Usage and Limitations

The bonus funds are strictly for trading purposes and cannot be withdrawn. They are designed to increase the trading volume capacity, allowing traders to open larger positions and potentially increase their returns. The maximum bonus amount that can be received on a single forex account is capped at $10,000 or EUR 9,000, with a cumulative limit of $30,000 or EUR 28,500 across all of a client’s accounts.

Beyond the financial boost, the bonus comes with the promise of resources, training, and tools provided by PaxForex, aimed at helping traders expand their portfolios. These resources are invaluable, especially in the dynamic cryptocurrency markets.

Get a 100% Deposit Bonus

Long-term Relationship and Support

PaxForex emphasizes building a long-term relationship with its clients, providing continuous support and incentives to aid their success in forex trading. This bonus is part of PaxForex’s commitment to its clients’ long-term profitability and growth in the trading world.

The PaxForex 100% Loyalty Deposit Bonus is a powerful incentive that supports traders by providing them with additional trading funds over a year. This feature not only helps in managing risks by allowing more flexible margin usage but also in enhancing the potential for higher returns without immediate additional investment. Traders interested in taking full advantage of this bonus should ensure they meet the necessary conditions each month to maximize their trading strategy and results.

Go to PaxForex Official Website

PaxForex’s Allpips Web Platform

PaxForex introduces its cutting-edge web trading platform, Allpips, designed to cater to both novice and advanced traders in the global financial markets, including cryptocurrency trading. Allpips is an advanced multi-asset terminal that merges state-of-the-art technology with a user-friendly, classic design, eliminating the need for any additional software or updates.

Trade with the Allpips Platform

Key Features of the Allpips Platform

Access to Global Markets

Allpips provides direct access to all global financial markets through a single account, accessible via any standard web browser. This seamless access ensures that traders can engage with various asset classes, including cryptocurrencies, without the hassle of multiple platforms or systems.

Cost Efficiency

One of the standout features of the Allpips platform is its cost efficiency. Whether trading on real or demo accounts, users are not charged additional fees. The platform operates on a cloud-based system, ensuring that personal accounts and strategies are always secure and safeguarded against data loss or security breaches.

Trading Dashboard

The Allpips trading dashboard offers a comprehensive overview of a trader’s activities. It displays real-time updates on balance, margin, profit, and other critical trading metrics, allowing traders to monitor their portfolio’s performance closely and make informed decisions quickly.

Account Management

From the Allpips platform, traders can easily manage their accounts. The web-based nature of the platform means traders can access their account details, review their trading history, and make decisions on the go, from anywhere in the world, provided they have internet access.

One-Click Trading

The one-click trading feature on Allpips enhances the trading experience by allowing for fast and secure position entries. This is particularly beneficial in the fast-paced world of cryptocurrency trading, where market conditions can change rapidly, and speed is often crucial to capitalizing on trading opportunities.

Advanced Trading Tools

Allpips is equipped with some of the fastest charts in the industry and provides advanced tools for technical analysis. These features are designed to meet the needs of sophisticated investors by offering unique watchlists, multiple window functionalities, and various viewing methods to streamline the trading process. This level of customization ensures that traders can tailor their trading environment to their specific needs and preferences.

Open an account with PaxForex

Benefits of Using Allpips

Convenience

Allpips brings unprecedented convenience to trading, combining all necessary tools and functionalities in a single platform that is accessible from any device with a web browser. This eliminates the need for continuous software downloads or updates, keeping the trading process streamlined and efficient.

Security

Being a cloud-based platform, Allpips offers enhanced security features, ensuring that all personal and transactional information is securely stored. Regular updates and a robust security framework reduce the risk of security breaches, providing peace of mind for traders.

Adaptability

Whether you are just starting in the world of trading or are an experienced investor, Allpips provides the tools and functionalities needed to pursue and achieve investment goals effectively. The platform’s adaptability makes it suitable for traders with varying levels of experience and investment styles.

PaxForex’s Allpips platform stands out in the crowded market of web-based trading platforms by offering a blend of advanced technological features, ease of use, and comprehensive security measures. It is tailored to enhance the trading experiences of its users, ensuring they can access global markets efficiently and securely.

Trade with the Allpips Platform

PaxForex’s MetaTrader 4 Trading Platform

PaxForex offers its clients the renowned MetaTrader 4 (MT4) platform, acclaimed for its robust functionality and user-friendly interface, making it an optimal choice for Forex and cryptocurrency trading. This platform provides traders with powerful tools and features designed to enhance trading efficiency and performance.

Trade with MT4 Platform

Key Features of MetaTrader 4

Versatile Trading System

The MT4 platform is well-equipped with all the necessary trading tools and resources. It supports three major chart types—bars, candlesticks, and line charts—alongside nine different timeframes, allowing traders to analyze market trends effectively. With over 50 built-in indicators and the capability to run multiple indicators simultaneously, MT4 stands out as a highly customizable and comprehensive trading environment.

User-Friendly Interface

MT4 is celebrated for its simple and intuitive interface. Traders can customize the visual aspects of the platform, adjusting colors and styles to suit their preferences, which helps streamline the trading process and improve chart readability.

Automated Trading

One of the standout features of MT4 is its automated trading capabilities through Expert Advisors (EAs). These programs allow traders to automate their trading strategies, enabling them to execute trades 24/5 without human intervention. The integration of EAs is seamless, with traders able to install custom or third-party scripts easily.

Performance and Reliability

Speed and reliability are critical in trading, and MT4 excels in both. The platform ensures fast order execution and stable operation, crucial for trading in the volatile cryptocurrency market where prices can change rapidly.

Go to PaxForex Official Website

Accessibility

MT4 is accessible on multiple devices and platforms, including:

• MT4 for PC
• MT4 for Android
• MT4 for iPhone/iPad/iPod
• MT4 Mobile

This cross-platform accessibility ensures that traders can manage their accounts and trade from anywhere, at any time, directly from their preferred device.

Trade with MT4 Platform

Security

Security is a paramount concern in online trading, and MT4 addresses this with industry-leading encryption protocols. The platform uses a 128-bit encryption to secure the data exchange between the client terminals and the servers, protecting sensitive information against potential threats.

Go to PaxForex Official Website

Additional Features of MetaTrader 4 Multiterminal

For those managing multiple accounts, PaxForex provides the MT4 Multiterminal, which extends the functionality of the standard MT4 platform to allow management of several accounts from a single interface. This is particularly useful for account managers and traders handling multiple portfolios, providing:

• A safe work environment for trading CFDs, spot metals, shares, and futures.
• Multi-account management capabilities.
• Multi-asset trading from one platform.

The Multiterminal supports several languages including English, Chinese, Russian, and German, catering to a global audience.

Trade with MT4 Platform

MetaTrader 4 by PaxForex is a top-tier trading platform that offers extensive tools and functionalities required by traders in the fast-paced Forex and cryptocurrency markets. Its reliability, coupled with powerful analytical tools, automation capabilities, and the security measures it employs, makes it a premier choice for traders looking to optimize their trading strategies and potential.

Open an account with PaxForex

PaxForex Mobile Trading Platforms

PaxForex offers robust mobile solutions for traders through the MetaTrader 4 (MT4) platform, optimized for various devices including smartphones, PDAs, and tablets. These platforms ensure that traders can access the forex and cryptocurrency markets anytime and anywhere, providing a flexible and dynamic trading experience.

Download the Mobile App

MetaTrader 4 Mobile for Smartphones and PDAs

Full Account Management:

Traders can manage their trade accounts directly from their devices, making it easy to monitor and adjust trades on the go.

Accessibility:

With support for devices running Windows Mobile, the platform caters to a wide range of mobile users, ensuring they can trade from any location worldwide.

Advanced Trading Tools:

The mobile platform includes over 30 technical indicators, multiple chart types, and supports all types of orders, enhancing the trading experience with comprehensive analytical tools.

Security:

High levels of security ensure that all trading operations are safe, with data integrity and privacy maintained across all transactions.

Designed specifically for the smaller screens of smartphones and PDAs, this version of MT4 provides an optimal balance between functionality and ease of use. The interface is tailored to fit the unique capabilities and limitations of handheld devices, ensuring that traders can perform complex trading activities with ease and precision.

Go to PaxForex Official Website

MetaTrader 4 for Android

Comprehensive Trading Functions:

Android users enjoy a fully functional trading experience with complete sets of orders, trading history, interactive charts, and a vast selection of supported devices.

Integration and Performance:

The platform integrates seamlessly with Android technology, pushing the limits of what mobile trading apps can do, ensuring fast and reliable access to the forex markets.

Traders can download the MT4 platform on their Android devices to access all features available on the desktop version. This includes detailed charts and historical data analysis, enabling thorough market analysis and decision-making processes from anywhere.

Download the Mobile App

MetaTrader 4 for iPad

Enhanced Visual Experience:

The larger screen of the iPad provides a more detailed view of the market, making it ideal for traders who perform extensive technical analysis.

Customization:

Users can tailor the layout to their trading needs and preferences, enhancing their overall trading experience.

MT4 for iPad combines the portability of mobile trading with the advanced features typically found on desktop platforms. It allows traders to manage their accounts, use up to 30 technical indicators, and access all types of trading orders. The app’s design focuses on user-friendliness, accommodating both new and experienced traders.

Open an account with PaxForex

MetaTrader 4 for iPhone

Mobile Optimization:

Specifically designed for the iOS operating system, the MT4 app for iPhone ensures that traders have a powerful, intuitive, and responsive interface.

Functionality:

It provides all necessary trading tools, including comprehensive account management, technical indicators, and the ability to execute all types of trading orders directly from the iPhone.

The iPhone app offers a compact, efficient trading experience, suitable for traders who need to make quick decisions and manage their accounts while away from their main trading setups.

Download the Mobile App

MetaTrader 4 Multiterminal for PDA

Multi-Account Management:

Ideal for traders managing multiple accounts, this platform allows the simultaneous management of several accounts from a single interface.

Customizable Interface:

Users can choose from different chart types and set up alerts to stay informed of market movements and news.

Although designed for smaller screens, the PDA version does not compromise on the powerful features of the MT4 platform, ensuring that traders have full control over their trading activities.

Go to PaxForex Official Website

PaxForex’s mobile platforms deliver the power and functionality of MetaTrader 4 across all major mobile operating systems and devices. Whether using an Android smartphone, an iPhone, an iPad, or a PDA, PaxForex ensures that traders have continuous, secure, and effective access to the global forex and cryptocurrency markets. This accessibility allows traders to respond quickly to market changes and opportunities, no matter where they are.

Open an account with PaxForex

FAQs about PaxForex’s Cryptocurrency Trading Service

What trading platform does PaxForex use for cryptocurrency trading?

PaxForex uses the MetaTrader 4 (MT4) platform, known for its advanced capabilities, user-friendly interface, and comprehensive trading tools.

Where are PaxForex’s trading platforms hosted?

The platforms are hosted in high-performance data centers in London (Equinix LD4) and New York (Equinix NY4) to ensure minimal latency and fast execution.

What types of accounts does PaxForex offer?

PaxForex offers various account types including Mini, Standard, VIP, and Cent accounts, each tailored to different levels of trader experience and investment amounts.

Does PaxForex charge any fees on deposits?

No, PaxForex does not charge any fees on deposits over $300, and even third-party fees are covered, except for bank transfers.

How does PaxForex ensure security in trading?

Security measures include hosting on robust IT infrastructures and implementing advanced encryption technologies to secure online transactions.

What leverage does PaxForex offer for cryptocurrency trading?

PaxForex offers leverage up to 1:500, allowing traders to control larger positions than their current account balance would ordinarily permit.

How quickly are deposits processed at PaxForex?

Most deposits at PaxForex are processed within 7 minutes, ensuring traders have rapid access to their funds for trading.

What is the typical spread for cryptocurrencies like Bitcoin and Ethereum at PaxForex?

The typical spread is 95 for Bitcoin and 9 for Ethereum, with competitive rates closely mirroring global market levels.

Can traders access their trading platform on mobile devices?

Yes, traders can access the MetaTrader 4 platform on various devices including smartphones, PDAs, and tablets, ensuring they can trade anytime and anywhere.

What are the advantages of PaxForex’s loyalty deposit bonus?

The 100% loyalty deposit bonus enhances trading capabilities by providing additional funds which can increase leverage and position sizes.

What are the withdrawal times and fees at PaxForex?

Withdrawals are typically processed within one working day, and while most withdrawal methods are free, credit/debit card withdrawals incur a fee of 5.5% (minimum $10 USD).

Go to PaxForex Official Website

Posted by Maria Sanchez

• Maria Sanchez's Twitter Account
• Maria Sanchez's Latest Articles

Author Profile

Maria is an expert of financial markets, bringing all the information from English to Spanish for a better understanding of the online traders. She is also a day trader with experience in developing trading strategies that generate profit while minimizing risk and working under high pressured environment. While being a portfolio manager by herself, she focuses on marketing and consultancy of financial and Insurance products.