Global Broker Regulation & Inquiry App



Paxton Trade

Mauritius|2-5 years|
Suspicious Scope of Business|High potential risk|


Rating Index


+230 52970923
Suite 403, 4th Floor, The Catalyst Building, Cybercity, Ebene, Mauritius


No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core



Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-07-12
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Paxton Trade · WikiFX Survey

Users who viewed Paxton Trade also viewed..


10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website


10-15 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website

IC Markets

15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website


10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4 Full License
Official website

Paxton Trade · Company Summary

Paxton Trade Review Summary in 8 Points
Founded 2020
Registered Country/Region Mauritius
Regulation Unregulated
Market Instruments Forex,CFDs on Indices, Stocks, Commodities and Metals
Leverage Up to 1:500
EUR/USD Spread From 2.5 pips
Minimum Deposit USD 1000
Customer Support Phone, email, address

What is Paxton Trade?

Paxton Trade, an international brokerage firm headquartered in Mauritius, offers a diverse range of financial instruments, including Forex and CFDs on Indices, Stocks, Commodities and Metals. However, it currently operates without valid regulatory oversight, raising concerns for traders about its legitimacy and accountability.

Paxton Trade's homepage

In our upcoming article, we will present a comprehensive and well-structured evaluation of the broker's services and offerings. We encourage interested readers to delve further into the article for valuable insights. In conclusion, we will provide a concise summary that highlights the distinct characteristics of the broker for a clear understanding.

Pros & Cons

Pros Cons
• Multiple trading instruments • Unregulated
• High minimum deposit
• Lack of transparency from its one-page website
• Limited info on commissions


  • Multiple Trading Instruments: Paxton Trade offers a diverse array of trading instruments, spanning Forex, CFDs on indices, stocks, commodities and metals. This breadth of options enables traders to explore various markets, diversify their portfolios, and potentially capitalize on a wide range of market opportunities.


  • Unregulated: Paxton Trade operates without valid regulatory oversight, which raises concerns about the protection of client funds and overall transparency. The lack of regulation can leave traders vulnerable to potential risks and uncertainties in the market.

  • High Minimum Deposit: Paxton Trade imposes a high minimum deposit requirement at $1000, which can serve as a barrier to entry for many traders, particularly those with limited capital or those who prefer to start with smaller investments.

  • Lack of Transparency from Its One-Page Website: Paxton Trade's one-page website provides limited info without comprehensive information about its services, trading conditions, regulatory status, and company background. The minimalistic approach to website design create doubts among potential clients regarding the platform's credibility, transparency, and commitment to providing accurate and reliable information.

  • Limited Info on Commissions: Paxton Trade provides limited information about its commission structure, making it challenging for traders to fully understand the costs associated with trading on the platform.

Is Paxton Trade Safe or Scam?

When considering the safety of a brokerage like Paxton Trade or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

  • Regulatory sight: Currently, this broker operates without any legitimate regulatory oversight, raising concerns about transparency and accountability.

No license
  • User feedback: For a deeper insight into the brokerage, traders should read reviews and feedback from existing clients. These valuable inputs from users, available on trustworthy websites and discussion forums, can provide firsthand information about the company's operations.

  • Security measures: So far we have not found any security measures implemented from its one-page website.

In the end, choosing whether or not to engage in trading with Paxton Trade is an individual decision. It is advised that you carefully balance the risks and returns before committing to any actual trading activities.

Market Instruments

Paxton Trade offers a comprehensive array of market instruments tailored to meet the diverse needs of traders globally.

In the realm of Forex trading, clients can engage in currency pair transactions, capitalizing on the fluctuations of major, minor, and exotic currency pairs.

Additionally, Paxton Trade provides Contracts for Difference (CFDs) on indices, allowing investors to speculate on the performance of leading global indices such as the S&P 500, FTSE 100, and Nikkei 225.

Furthermore, traders can leverage CFDs on individual stocks, gaining exposure to renowned companies like Apple, Amazon, and Google.

For those interested in commodities, Paxton Trade facilitates trading in precious metals like gold and silver, as well as energy commodities such as crude oil and natural gas.

Account Types

Two distinct account types tailored to suit varying trading preferences and financial goals are available in Paxton Trade: the Micro Account and the Premium Account.

The Micro Account option requires a minimum deposit of 1,000 USD. This account type is ideal for those who are just starting their trading journey or prefer to trade with smaller amounts of capital.

On the other hand, the Premium Account is suitable for more experienced traders or those with larger investment portfolios, allowing deposits of up to 10,000 USD.


Paxton Trade empowers traders with leverage of up to 1:500, providing significant amplification of trading power to capitalize on market opportunities. This high leverage ratio enables traders to control larger positions with a relatively small amount of capital, potentially magnifying profits.

However, it's crucial for traders to apply prudent risk management strategies since higher leverage also entails increased exposure to potential losses.

Spreads & Commissions

Paxton Trade advertises a spread of 2.5 pips without providing information about commissions. For clarity on the cost structure, interested individuals are encouraged to directly contact Paxton Trade. Understanding the complete expenses associated with trading is important for making informed decisions.

Customer Service

Paxton Trade offers several customer service channels for trader support, including phone and email assistance and a physical address for inquiries. This multi-channel approach ensures timely and accessible support for traders' queries and concerns.

Address: Suite 403, 4th Floor, The Catalyst Building, Cybercity, Ebene, Mauritius.

Phone: +230-5-297-0923.


contact details


To sum up, Paxton Trade is an online brokerage firm located in Mauritius and offers a wide range of trading instruments, includingForex,CFDs on Indices, Stocks, Commodities and Metals. However, it's important to note that Paxton Trade currently operates without valid regulations from any authorities, raising concerns about its accountability and commitment to client safety.

Therefore, you should be cautious when deciding to trade with this broker and consider alternative brokers with established regulatory oversight to mitigate potential risks.

Frequently Asked Questions (FAQs)

Q 1: Is Paxton Trade regulated?
A 1: No, its been confirmed that the broker is currently under no valid regulation.
Q 2: Is Paxton Trade a good broker for beginners?
A 2: No, it is not a good broker because its not regulated by any authorities.
Q 3: Does Paxton Trade offer the industry leading MT4 & MT5?
A 3: No.
Q 4: Does Paxton Trade offer demo accounts?
A 4: No.
Q 5: What is the minimum deposit for Paxton Trade?
A 5: The minimum initial deposit to open an account is $1000.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Broker Information

Company Name

Paxton Trade Limited.


Paxton Trade

Regulatory Status

No Regulation

Platform registered country and region


Company website
Phone of the company
  • +230 52970923









Company address
  • Suite 403, 4th Floor, The Catalyst Building, Cybercity, Ebene, Mauritius









Customer Service Email Address

Company Summary

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment



Write a review

more than one year
I'm pretty disappointed. Out of the blue, they closed my position without any heads-up or explanation. Since then, I've been locked out of trading and can't even withdraw my funds.
2024-02-23 10:23
more than one year
The information provided on the website is too rudimentary, only knowing that this broker offers Forex and CFD investment services and its contact details, and nothing else...
2022-12-14 14:46
more than one year
I had trouble finding a good broker, but the Paxon trade is perfect for me. I like super low spreads and minimal lots. Withdrawing money went smoothly, so everything's good.
2022-12-10 16:05


Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong China

  • Taiwan

  • United States

  • South Korea

  • United Kingdom

  • Japan

  • Indonesia

  • Vietnam

  • Australia

  • Singapore

  • Thailand

  • Cyprus

  • Germany

  • Russia

  • Philippines

  • New Zealand

  • Ukraine

  • India

  • France

  • Spain

  • Portugal

  • Malaysia

  • Nigeria

  • Cambodia

  • Italy

  • South Africa

  • Turkey

  • Netherlands

  • United Arab Emirates

  • Colombia

  • Argentina

  • Belarus

  • Ecuador

  • Egypt

  • Kazakhstan

  • Morocco

  • Mexico

  • Peru

  • Pakistan

  • Tunisia

  • Venezuela

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information