Forex account PaxForex

Forex account PaxForex

PaxForex can offer its clients 4 options for real Forex accounts, as well as a free demo account. The assortment of deposits allows taking into account the interests of both novice brokers and experienced traders. All the nuances of trading on each of the accounts can be clarified upon the official Forex broker’s website – PaxForex.

Forex account PaxForex: funds’ input and output

Funds’ transfer through the majority of providers is stated within 1 hour - this is possible only on weekdays from 9:00 am to 00:00 am GMT +3 GMT. The broker does not assign additional commissions for entering or withdrawing funds, but this does not exempt trader from paying the commission to the provider. At the same time, with PaxForex refunds the commission paid for transferring money to the deposit, in case the transfer amount exceeds $ 300, except for transfers made from credit cards and bank sets.

Processing of withdrawals from the deposit is carried out from 9:00 to 18:00 by the time of the server, during the same period; the withdrawal of funds is carried out, if this does not contradict the conditions of the provider. There is no output for weekends and holidays, similarly, a request sent in this period or after 18:00 on working days will be considered on the next business day.

Within the Forex broker's halt are freely available materials for learning Forex trading among the beginners. Available materials allow getting acquainted with the fundamental and technical analysis. In addition to encyclopedic data, there are reviews, an online blog and trade recommendations from the company's analysts.

 

The daily updated material block allows not only to study the basic concepts of trading within the market, but also to obtain the basic skills necessary for successful trading. The analytical department of the company offers its clients everything necessary for successful trading. Recommendations within this section are designed for absolute beginners, so detailed instructions for working upon the trading platform MetaTrader allows understanding all the nuances of trading. One can hone his/her skills upon a demo account, which is provided free of charge.

As for the analytics available upon PaxForex halt, one can use the following elements:

  • Fundamental analysis - daily analytics on leading currency pairs, metals and stocks allows using forecasts from leading Forex broker analysts to adjust their trading strategies, placing stops and orders;
  • Daily analyst - is a technical analysis of the main currency pairs, metals using basic indicators and recommendations for entering the market;
  • News of currency trading in the blog - this section allows being aware of all important events that can somehow affect the movement of currency pairs graphs;
  • Economic calendar - allows evaluating the value of various indicators, indices, reports, balances, which characterize changes in the economies of the world. A convenient filtering system allows sorting by currencies, events, dates. In addition to the actual values ​​of the indicators, the previous and forecast values ​​are published, which allows using the data within one’s own trading strategy;
  • Calculator Forex trader - another useful resource that gives an excellent opportunity to calculate the cost of price changes depending on the currency of the trading account, the shoulder and currency pairs. Automatic calculation of the cost of the item and walruses, depending on the values ​​set, allows making stable and profitable transactions in the trading market.

Forex account PaxForex provides the opportunity to use the most advanced tools within the Forex market.