Comparison PaxForex vs Vanguard
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare PaxForex vs Vanguard. Which of them: PaxForex or Vanguard a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. PaxForex has a commission fee of spreads from 5 pips, and Vanguard has a commission fee of $7 per trade (first 25). The full online broker reviews contains more detailed information on the brokers’ commission fees.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are PaxForex provides customers with Stocks Trading, Forex Trading, Crypto Trading, and Vanguard provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading. As for platforms, PaxForex offers Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App, while Vanguard offers Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. PaxForex was established in 2014 in St. Vincent and Grenadines, and it is regulated by Not Regulated. And Vanguard was established in 1975 in USA, and it is regulated by Various local Jurisdictions. Withdrawal of funds from PaxForex can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of varies. And Vanguard provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $10. The withdrawal time for PaxForex is within 1 business day, and that one for Vanguard is 3 Business days.
Overall, PaxForex boasts 4 stars versus Vanguard 3.9 stars.