Sign Up

PaxForex Alternative: Why Traders Switch to LHFX

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.

Open an LHFX AccountTry a Free Demo

Quick Comparison

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, 132+ 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 available
Not publicly disclosed

Where LHFX Wins

The areas where LHFX offers a clear advantage over PaxForex.

01

MetaTrader 5

LHFX is a direct MetaQuotes licensee on MT5. PaxForex is MT4 only, which limits hedging modes and modern indicators.

02

Transparent $3 per side

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.

03

13 minute auto-payouts

LHFX averages 13 minutes for crypto and e-wallet withdrawals. PaxForex publishes manual processing timelines from 30 minutes to several hours.

04

Broader crypto support

LHFX accepts BTC, ETH, USDT and other major crypto for deposits and payouts. PaxForex accepts Bitcoin and Ether only.

05

Swap-free Islamic accounts

LHFX offers swap-free Islamic accounts on request. PaxForex does not publicly advertise swap-free.

Where PaxForex Wins

PaxForex has genuine strengths. Here is where they come out ahead.

Cent account option

PaxForex offers a Cent account where balances are denominated in cents, useful for very small position sizing. LHFX does not offer a cent account.

More forex pairs

PaxForex lists 60+ currency pairs versus 41 at LHFX. Useful if you trade exotic crosses.

Operating since 2010

PaxForex has been live since 2010. LHFX trades under a younger consolidated brand.

40+ individual stocks

PaxForex lists 40+ individual stock CFDs. LHFX focuses on forex, indices, commodities and crypto.

Who Should Choose LHFX

  • Choose LHFX if regulated execution by FSC and FSCA is a baseline requirement.
  • Choose LHFX if you want transparent $3 per side commissions instead of bundled spreads.
  • Choose LHFX if MetaTrader 5 hedging and modern features matter.
  • Choose LHFX if 13 minute crypto payouts beat manual processing.
  • Choose LHFX if you want a swap-free Islamic account.
Open an LHFX Account

Who Should Stick with PaxForex

  • Choose PaxForex if you want a Cent account for micro-sized testing.
  • Choose PaxForex if 60+ forex pairs including exotics is a hard requirement.
  • Choose PaxForex if you specifically want spread-only pricing with no commission.
  • Choose PaxForex if you trade individual stock CFDs alongside forex.
  • Choose PaxForex if you are locked into MT4.

Making the Switch

Moving from PaxForex to LHFX takes minutes, not days.

1

Open an LHFX Account

$10 minimum deposit. Registration takes about 2 minutes.

2

Verify Your Identity

Upload a government-issued ID. Most verifications complete within a few hours.

3

Fund and Start Trading

Deposit via crypto, Skrill, or Neteller and place your first trade on MT5 or LHFX Trade.

Frequently Asked Questions

Learn more:Account Types·Spreads & Fees·ECN Execution·Leverage·Demo Account·Deposit & Withdrawal·Security & Official Channels·LHFX vs FBS·LHFX vs XM

Ready to Try LHFX?

Open an LHFX account from $10 on MT5, regulated by FSC Mauritius and FSCA, with payouts averaging 13 minutes.

Create Your Account