AAFX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.aafxtrading.com/open-an-account/live-trading, about the company's legal and temporary regulatory information, the company's address James Street, First Floor, First St. Vincent Bank Ltd Building, Kingstown, St. Vincent and the Grenadines...
AAFX Forex Broker
Basic information
Saint Vincent and the Grenadines
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
AAFX Information
AAFX is one of the worlds growing Forex & CFD providers. The company offers Foreign Exchange and 1000+ CDFs trading on multiple trading platforms, including the globally popular AAFX 4 platform.Thetradable instruments also include energies, commodities, stocks, cryptocurrency, equity indices, and precious metals. The broker also provides three accounts with a maximum leverage of 1:2000. The minimum spread is from 0 pips and the minimum deposit is $100. AAFX is still risky due to its unregulated status, and high leverage.
Pros and Cons
| Pros | Cons |
| Commission free | Unregulated |
| Swap free | High max leverage |
| 24/5 customer support | MT4/MT5 unavailable |
| Various tradable instruments | |
| Spread as low as 0 pips | |
| Demo account available |
Is AAFX Legit?
AAFX is not regulated, making it less safe than regulated brokers.
What Can I Trade on AAFX?
AAFX offers various market instruments, including forex, energies, commodities, stocks, cryptocurrency, equity indices, and precious metals.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Energies | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptocurrency | ✔ |
| Equity Indices | ✔ |
| Precious Metals | ✔ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
AAFX has three account types: fixed, ECN, and VIP. Traders who want low spreads can choose a VIP account, and those with a sufficient budget can also open a VIP account.
In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only. Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest in overnight positions, which is against the Islamic faith. AAFX also offers our Islamic accounts to all clients
| Account Type | Fixed | ECN | VIP |
| Maximum Leverage | 1:2000 | 1:2000 | 1:2000 |
| Spread | As low as 2 Pip | As low as 0.6 Pip | As low as 0.4 Pip |
| EA Allowed | ✔ | ✔ | ✔ |
| Swap free | ✔ | ✔ | ✔ |
| Minimum Deposit | $100 | $100 | $20000 |
AAFX Fees
The spread is as low as 0 pips, the commission is $0 and the swap is free. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:2000 meaning that profits and losses are magnified 2000 times.
Trading Platform
AAFX provides a propriety trading platform available on PC and Mac to trade, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.
| Trading Platform | Supported | Available Devices |
| AAFX | ✔ | PC/Mac |
Deposit and Withdrawal
The minimum deposit is $100 and a 35% bonus for the first-time deposit. AAFX accepts Perfect Money, Payza, Neteller, Skrill, Bitcoin, and WebMoney for deposit and withdrawal, whose deposit times are instant, withdrawal times are within 24 hours, and associated fees are 0.
| Funding Methods | Deposit time | Min. Deposit | Fees | Withdrawal time | Min. withdrawal | Restriction |
| Bitcoin | Instant | 100 EUR/USD | 0 | Within 24 hours | 100 EUR/USD | No |
| Skrill | Instant | 100 EUR/USD/GBP | 0 | Within 24 hours | 100 EUR/USD/GBP | No |
| Neteller | Instant | 100 EUR/USD/GBP | 0 | Within 24 hours | 100 EUR/USD/GBP | No |
| Perfect Money | Instant | 100 EUR/USD | 0 | Within 24 hours | 100 EUR/USD | No |
| WebMoney | Instant | 100 EUR/USD | 0 | Within 24 hours | 100 EUR/USD | No |
| Sticpay | Instant | 100 EUR/USD | 0 | Within 24 hours | 100 EUR/USD | No |
Rating Index
VIP
ECN
AAFX Similarly Rated Brokers
Latest Reviews
Kasper Pedersen
Norway
Perhaps this broker has the most favorable trading conditions among all companies I have dealt with. I guess that many traders will agree withme.
Positive
2023-11-09
Hendrik8739
Germany
If one going to look for downsides of this broker would have trouble finding any. AAFX broker excels in providing the best possible trading conditions for online trading for retail traders. Tight spreads, wide range of instruments, and they don’t charge any trading commissions or swap fees. The only field where they come short is the trading apps, only MT4 and MT5 is available.
Positive
2023-09-20
Renato Ribeiro
Portugal
The thing that attracted me most about this company was reliability. Broker doesn't have a super modern official website, but it has provided high degree of protection of its clients' funds. And company is financially stable as it seems to me.
Positive
2023-11-09