Review summary
PAX-FOREX Global Limited is a forex broker registered in Belize and reportedly operating for 2-5 years. The entity's regulatory profile raises significant concerns. Public exposure and regulatory checks indicate it is classified as a "Clone Firm," meaning it falsely presents itself as holding licenses from regulators like the Cyprus Securities and Exchange Commission (CYSEC) and the Belize Financial Services Commission (FSC). It holds no valid, authoritative forex trading licenses. The broker's WikiFX score of 1.44 reflects this severe lack of credible oversight and the associated operational risks. In terms of trading conditions, PAX-FOREX offers multiple account types with a low minimum deposit starting from $5 and high leverage up to 1:1000. It supports popular MetaTrader platforms and allows strategies including scalping and the use of Expert Advisors (EAs). Overall, PAX-FOREX operates as an unregulated entity with a cloned regulatory status, presenting a high-risk profile for traders due to the complete absence of legitimate financial supervision. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-11)
