AFFX Forex Broker

AFFX Review SummaryFounded2021Registered Country/RegionThailandRegulationNo regulationMarket InstrumentsForex, stocks, indexes, commodities, cryptocurrenciesDemo Account✅LeverageUp to 1:400EUR/USD SpreadAverage 0.2 pipsTrading PlatformMT5Social Trading✅Min Deposit$100Customer SupportTel: +852 39570742Email: info@affxprime.comLine: @affxthFacebook, Twittter, Instagram, and YoutubeCompany address: A68,3F, Manning Industrial Building,116-118 How Ming St, KwunTong, Hong Kong SARRegional RestrictionsThe United States of America, European Countries, the Islamic Republic of Iran and Israel An unregulated Thai broker, AFFX offers trading in forex, stocks, indexes, commodities, and cryptocurrencies. It provides MT5 platform and demo accounts to trade. AFFX's leverage is up to 1:400, the average EUR/USD spread is 0.2 pips. Demo accounts are available and the minimum deposit requirement to open a live account is 100 USD.Pros and ConsProsConsVarious trading productsRegional restrictionsDemo accountsNo regulationCent account offeredNo popular payment optionsMultiple account typesCommissio-free for most accountsTight EUR/USD spreadMT5 supportSocial tradingIs AFFX Legit? No, AFFX has no legal license. Regulated status means a safer investment; conversely, an unregulated trader must be aware of investment risks.What Can I Trade on AFFX?Tradable InstrumentsSupportedForex✔Stocks✔Indexes✔Commodities✔Cryptocurrencies✔Bonds❌Options❌ETFs❌Account Type Account TypeMin DepositStandard$15Social$100Cent$15Social Cent$1,000ECN$10,000ZERO$1,000AFFX FeesAccount TypeSpreadCommission for FOREX, Metal, Oil, IndicesCommission for CryptoStandardFrom 2.0 pips❌SocialCent❌(FOREX and Metal only)Not applicableSocial CentECNFrom 0.0 pips$3 per lot per side0.04% per sideZERO$3.5 per sideLeverage AFFX offers leverage up to 1:400 for all account types. Leverage magnifies the returns from favorable movements in a currency's exchange rate. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.Trading PlatformTrading PlatformSupported Available Devices Suitable for MT5✔Mac, Windows, Web TerminalExperienced tradersMT4❌/BeginnersDeposit and Withdrawal AFFX only accepts payments via Pay Solutions, WinTech, and Tether.