phpxedit.exe is a application which is most likely NOT a virus. So, if phpxedit.exe is on your system, it is most likely ok, and will NOT cause problems. Even if your system is clean, it is still recommended to purchase a good antivirus with a good detection rate, in order to yourself your PC against potential security problems.
Normally, this application is stored in C:\Program Files\PHP Expert Editor\phpxedit.exe.
The MD5 checksum for this file is cf160b5fa7fe421324c622b5308386b5.
This application is NOT registered as a Windows service. This is good.
This executable runs as a 32-bit program. It can not benefit of the full power of nowadays' PC CPUs. This is quite normal because the makers did not bother to upgrade it to 64-bit code.
phpxedit.exe appears to have visible windows. This is good because it doesn't operate in some kind of stealth mode. Its operation is clearly displayed to the user.
The machine code of this exe appears to be compressed or encrypted so it can not be quickly analysed.
A digital certificate is missing from this program. The authors did not bother to sign it. This is probably bad.
It has an uninstall string in registry, which is good. si are uninstall.