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PaxForex Review 2025: Same Broker, New Domain, and Ongoing Red Flags

WikiFX | 2025-07-31 13:57

Abstract:PaxForex.com was seized by U.S. authorities. PaxForex.org emerged soon after—same company, same logo, no license. Here’s the full review based on verified records and user complaints.

PaxForex Review: A Tale of Two Domains and One Controversial Broker

If you‘re searching for a PaxForex review, you’ll notice two nearly identical domains:

  • paxforex.com — banned in the U.S.
  • paxforex.org — now actively operating

This isnt a case of coincidence or brand imitation. The two domains are linked to the same company: Laino Group Limited, and the transition raises significant concerns for traders in 2025.

PaxForex.com: Banned and Seized by U.S. Authorities

In mid-2021, the U.S. Commodity Futures Trading Commission (CFTC) filed charges against Laino Group Limited(PaxForex) for offering illegal leveraged retail forex and commodities contracts to U.S. clients. By 2022, a federal court in Texas issued a permanent trading ban, and paxforex.com was officially seized.

Source: WikiFX Report – PaxForex U.S. Ban

Since then, visitors to paxforex.com from U.S. IP addresses have only seen a government seizure notice issued by the FBI and DOJ.

Withdrawal Complaints: “$3,000 Gone” – Real User Exposures

Before and after the domain seizure, traders reported serious issues with PaxForexs operations—including delayed withdrawals and complete fund losses.

On WikiFXs exposure section, a trader from the Netherlands shared their experience:

“I cant get my money back. $3,000 for me is gone right now, because of this criminal organization.”

These reports are still visible online and further support the risk profile of PaxForex—even under a new domain.

PaxForex.org: A Mirror of the Past?

After paxforex.com was banned, a new domain—paxforex.org—began operating.

You might expect this to be a new company. But all available evidence indicates it is the same broker under a different URL.

Side-by-side comparison of WikiFXs archived pages (picture3) and the current website (picture4) shows:

  • Company name identical: Laino Group Limited
  • Same platform name and logo
  • Page structure and design nearly identical
  • Both listed as “unregulated” on WikiFX

These are not isolated similarities. They point to a deliberate rebrand effort, with paxforex.org continuing operations under the same ownership after paxforex.com was shut down.

Regulatory Warnings Continue

Despite changing its domain, PaxForex remains unregulated and listed with multiple global warnings:

  • Not registered under FCA, BaFin, CySEC, or ASIC
  • Appears in WikiFX negative risk ratings
  • Reported by the National Securities and Stock Market Commission of Ukraine

These facts reinforce the pattern: a banned brand reappearing without resolving its legal or regulatory issues.

Conclusion: A Reputation Not Redeemed by a New URL

Changing a website doesnt erase the past. The PaxForex brand—now operating via paxforex.org—continues under the same ownership and with similar practices that got paxforex.com banned by U.S. law enforcement.

For anyone seeking a trustworthy CFD forex broker in Europe or globally, the advice is clear:

Choose platforms licensed by FCA, BaFin, CySEC or other Tier-1 regulators.

Always verify using tools like WikiFXs broker checker, and avoid offshore operators with banned domains and unresolved complaints.

FAQ

Q: Why was PaxForex.com shut down?

A: The U.S. CFTC and federal court banned it in 2021 for operating as an unlicensed FCM.

Q: Is paxforex.org a new company?

A: No. It uses the same brand, same operator (Laino Group), and same website structure.

Q: Is PaxForex regulated today?

A: No. It remains unlicensed and has been flagged by multiple regulators and platforms like WikiFX.

Q: Is it safe to trade CFDs with PaxForex in 2025?

A: Given its history, domain switch, and lack of oversight—it is a high-risk broker.

Related broker

No Regulation
PaxForex
Company name:PaxForex
Score
1.60
Website:https://paxforex.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.60

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