Verified: The Domain Name Of Paxton Trade Was Registered In 2018 And Is A Broker For Online Trading. The Company Is Currently Unregulated. Please Be Aware Of The Risks In Case Your Funds Are Damaged.
Note: Paxton Trade Is An, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of Regulators To Hold Companies Accountable, The Lack Of Supervision Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Trader.
According To The Company's Official Website:
Paxton Trade Is An International Brokerage Based In Mauritius. It Offers A Variety Of Financial Instruments, Including Forex And Contracts For Difference (CFDs). The Company Operates As An Online Trading Platform That Allows Users To Trade Multiple Assets.
Additionally, Paxton Trade & Investment Pty Ltd Is Located In Pacific Pines, Queensland, While Paxton Trading Inc Also Operates In The Food Retail Industry. The Company Appears To Have Multiple Facets And Locations, Indicating That Its Business Structure Is Diverse.
Opening An Account With Paxton Trade Is Very Simple. Just Click On The "Open A Trading Account" Link And Fill In The Required Information. After Successfully Creating An Account, You Will Need To Send Documents To Be Verified To Complete The Registration Process.
These Documents Can Be Sent By Fax, Scan Or Email. Once Your Documents Are Approved, You Can Fund Your Account And Begin Trading.
The Company Has Expressly Stated That It Does Not Establish Accounts With Residents Of Certain Jurisdictions, Including The United States, Japan, North Korea, Iran, The European Union And The European Economic Area.
Deposit And Withdrawal
Paxton Trade Accepts A Variety Of Payment Methods, Such As:
Credit/Debit Card (Visa, MasterCard): Credit/Debit Card Processing Takes Approximately 24 Hours (from The Time Of Receipt).
Telegraphic Transfer: Telegraphic Transfer Deposits Take Approximately 1 - 2 Business Days To Process (from The Date Of Receipt).
The Minimum Deposit Amount To Open An Account At Paxton Trade Is $100/€100/£100.
To Withdraw Funds, You Can Either Log Into Your Account And Follow The Instructions To Make The Withdrawal, Or You Can Fill Out A Withdrawal Request Form. You Can Also Scan And Email The Request Form To: [email protected]. To Process Your Withdrawal Request Quickly And Efficiently, Please Refer To The Following Guidelines:
Withdrawal Requests Are Usually Processed Within Three Business Days Of Receipt Of All Required Documents.
The Company Claims That Funds Can Be Transferred Directly To Your Bank Account Or Returned To Your Credit Card Via Telegraphic Transfer. However, Withdrawals Can Only Be Made Using The Exact Same Method You Used When You Made The Deposit. For Example, If You Deposit With A Specific Credit Card, Your Funds Can Only Be Refunded To The Same Credit Card.
In Order To Withdraw Funds From Your Account, You Must Maintain Margin Requirements In The Presence Of Unpositioned Squaring Positions. If You Request To Withdraw Funds From Your Account And The Company Claims That It Cannot Satisfy A Trader's Request Without Closing A Partial Unpositioned Squaring Position, And They Will Not Be Able To Fulfill Your Request Until You Close Enough Headstock To Make A Withdrawal.
Please Note: In Accordance With International Anti-money Laundering Regulations, Paxton Trade Can Only Transfer Funds To The Bank Account Or Credit Card You Used For Your Initial Deposit. A Copy Of The Credit Card Should Be Provided Upon Registration And Approved By Paxton Trade Compliance.
Regular Money Transfers Take Approximately Three To Six Business Days To Be Approved; However, Keep In Mind That There Are Several Factors That May Affect The Speed At Which Funds Are Credited/debited To Your Account. These Factors Include, But Are Not Limited To, The Specific Service You Use To Send/request Funds.
Approved Telegraphic Transfer Withdrawals Will Be Forwarded To The Company's Bank On The Day Of Approval, Which The Company Claims To Have Sent From Their Bank On The Same Day. Telegraphic Transfers Will Typically Take Place Between Multiple Banks In Multiple Countries, Which Can Take Longer As It Usually Takes Several Business Days For Foreign Financial Institution Groups To Remit Funds Around The World. After Processing, For Any Withdrawal Via Bank Telegraphic Transfer Or Credit Card, The Funds Arrive In Your Bank Account In About 7 Working Days.
Trading Platform
Paxton Trade Has 3 Trading Platforms To Choose From:
MetaTrader 4: Take Advantage Of One-click Operation, Optimal Order Execution, Advanced Technical Analysis And Unparalleled Automation!
MT4 WebTrader: A User-friendly Web Platform That Synchronizes All Trades With Your MT4 Account.
Mobile And Tablet Traders: A Trading Platform Optimized For Tablets And Mobile Devices, Fully Synchronized With Your MT4 Account.
Account Types
The Company Offers Demo And Standard Accounts, As Well As Elite Accounts To Choose From. Here Are The Different Features Of The Accounts:
Demo Account: Minimum Requirement Of 0 Dollars, 24/5 Customer Support, $100,000 Virtual Currency, Support For MT4 Trading Platform.
Standard Account: Minimum Requirement Of 1000 Dollars, 24/5 Customer Support, Can Work With Multiple Currencies, Support For MT4 Trading Platform.
Elite Account: Minimum 10,000 USD, 24/5 Client Support, Multiple Currencies, Support For MT4 Trading Platform.
Contact
Tel: + 61 870 783 602
Email: [email protected]
Address: Plot 40, Silicon Avenue Suite 403, 4th Floor, The Catalyst Building Cyber City, Ebene, Mauritius.
