Regulated MT5 alternative to an unregulated MT4 broker.
LHFX trades on MT5 with $3 per side commissions, a $10 minimum and regulators in Mauritius and South Africa. PaxForex is an unregulated MT4 broker registered in Saint Vincent and the Grenadines with spread-only pricing.
LHFX vs PaxForex at a glance.
| Feature | LHFX | PaxForex |
|---|---|---|
| Commission per lot | $3 per side ($6 round turn) | No commission (spread-only on Standard and VIP) |
| Minimum deposit | $10 | $10 (Cent), $100 (Mini), $2,000 (Standard), $10,000 (VIP) |
| Typical EURUSD spread | Raw from 0.0 pips | From around 0.4 pips on Standard and VIP |
| Maximum retail leverage | 1:500 | 1:500 |
| Platforms | MetaTrader 5 only | MetaTrader 4 only |
| Forex pairs / total instruments | 41 forex pairs, 144 total | 60+ forex pairs, around 115 total |
| Execution model | STP/ECN | STP/ECN (no published proof) |
| Regulation | FSC Mauritius (GB23202204), FSCA South Africa (FSP 52816) | None (registered in Saint Vincent and the Grenadines) |
| Crypto deposits and withdrawals | BTC, ETH, USDT and more | Bitcoin and Ether |
| Islamic accounts | Yes, swap-free with holding fee after grace period | Not publicly disclosed |
The areas where LHFX offers a clear advantage over PaxForex.
LHFX is a direct MetaQuotes licensee on MT5. PaxForex is MT4 only, which limits hedging modes and modern indicators.
LHFX uses a published $3 per side commission with raw spreads from 0.0 pips. PaxForex bundles cost into wider spreads, which is harder to compare against ECN benchmarks.
LHFX typically takes under 20 minutes for crypto withdrawals. PaxForex publishes manual processing timelines from 30 minutes to several hours.
LHFX accepts BTC, ETH, USDT and other major crypto for deposits and payouts. PaxForex accepts Bitcoin and Ether only.
LHFX offers swap-free Islamic accounts on request. PaxForex does not publicly advertise swap-free.
PaxForex has genuine strengths. Here is where they come out ahead.
PaxForex offers a Cent account where balances are denominated in cents, useful for very small position sizing. LHFX does not offer a cent account.
PaxForex lists 60+ currency pairs versus 41 at LHFX. Useful if you trade exotic crosses.
PaxForex has been live since 2010. LHFX trades under a younger consolidated brand.
PaxForex lists 40+ individual stock CFDs. LHFX focuses on forex, indices, commodities and crypto.
Moving from PaxForex to LHFX takes minutes, not days.
$10 minimum deposit. Registration takes about 2 minutes.
Upload a government-issued ID. Most verifications complete within a few hours.
Deposit via crypto or card and place your first trade on MT5 or LHFX Trade.
$10 minimum deposit. Registration takes about 2 minutes.
Upload a government-issued ID. Most verifications complete within a few hours.
Deposit via crypto or card and place your first trade on MT5 or LHFX Trade.
Open an LHFX account from $10 on MT5, regulated by FSC Mauritius and FSCA, with payouts typically under 20 minutes.