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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

3.9
/ 5

AAFX Trading review

Updated on Jul 26, 2024
|
10 mins read

Overview

AAFX Trading has been operating as a forex and CFD broker since 2014. As this AAFX broker review indicates, the company is regulated by the Financial Services Authority...
See full overview for AAFX Trading
Countries
+39
Devices
Max insured
No
Our Verdict
3.9
/ 5
Commissions & Fees
4.1
/ 5
Deposit & Withdrawal
3.5
/ 5
Customer Support
3.8
/ 5
Account Opening
4.2
/ 5
Regulation & Safety
3.7
/ 5

Our 5-step process of verification and evaluation – How do we obtain information?

 

General inspection – 30%

Trading experience – 30%

Technical audit – 20%

Collective experience from collaborations with the broker – 10%

Interviews with real traders – 10%

 

See the entire process here.

Pros

  • Islamic account option

  • Competitive affiliate program

  • Competitive trading conditions

  • User-friendly platforms

  • Strong customer support

Cons

  • No US Clients

  • Limited trading restrictions

  • Limited research and analysis tools

General details

Type of accounts
Unlimited Demo Accounts
Standard Accounts
ECN accounts
VIP accounts
Execution Model
NDD
ECN
Deposit currency
AED
AUD
CAD
USD
EUR
GBP
MXN
NOK
NZD
RUB
SGD
TRY
Regulatory complience
Deposit payment systems
Withdrawal payment systems
Support Languges
Arabic
Chinese
Hindi
Indonesian
Japanese
Korean
Portuguese
Russian
Spanish
Thai
Turkish
Urdu
Vietnamese
Autotrading
MT4 EA MT5 EA Zulutrade MyFxBook
Contact details
[email protected] +19142335216

Customer reviews

Overall
score
4.5
/ 5
197 reviews

Read real reviews from traders all over the world:

S
Simphiwe Phiri
28 February 2024
Advantages: Fantastic trading conditions.
Disadvantages: Not a lot of trading instruments.
I know that some traders prefer having an excess of trading instruments. I do nt know why. However, I believe that AAFX has the right amount of everything.
P
Pierre Roux
28 February 2024
Advantages: High leverage cryptocurrency free demo
Disadvantages: education section is mostly for newbies
Good broker for knowledgeable traders.
See all 197 customers reviews
Accounts

Type of Trading Accounts 

AAFX Trading offers multiple types of trading accounts that cater to the diverse needs of traders. Below are the types of accounts available:

  • Fixed Account: This account type is suitable for traders who want to trade using a fixed spread. The minimum deposit required for a fixed account is $100, offering a leverage of up to 1:200.
  • VIP Account: The VIP account is designed for traders with substantial capital who want to enjoy exclusive trading conditions. With a minimum deposit of $20,000, traders can enjoy the benefits of low spreads, higher leverage, and a dedicated account manager.
  • Unlimited Demo Account: AAFX Trading also offers an unlimited demo account that allows traders to practice their trading skills without risking real money. This account type comes with virtual funds, and traders can use it to test their strategies and learn how to trade in a risk-free environment.
  • Standard Account: The standard account is the most popular and suitable for novice and experienced traders. It offers low spreads and flexible leverage and requires a minimum deposit of $100.
  • ECN Account: The ECN account is designed for traders who want to trade with direct market access. It offers tight spreads and low commissions and requires a minimum deposit of $1000. This account type is suitable for high-volume traders who want to execute trades quickly and efficiently.
Tradable instruments

Tradable instruments on AAXF Trading trading platforms include:

Currencies
60
Stocks
50
Cryptocurrencies
10
Indices
4
Commodities
4
Frequently asked questions

Find the right answer to your question below.

Is AAFX Trading a scam?

No, AAFX Trading is a legitimate Forex broker that is licensed and regulated by multiple financial authorities, including the FCA and ASIC.

How to Open an AAFX Forex Trading Account?

To open an AAFX Forex Trading account, simply follow these steps:

  • Visit the AAFX Trading website and click on “Open Account.”
  • Fill out the account registration form with your details
  • Choose the account type that suits your trading needs
  • Submit the required documents for account verification
  • Deposit the minimum required amount to fund your account
  • Once your account is approved, you can start trading on the platform.
Does AAFX Trading accept US clients?

AAFX Trading does not accept US clients. This is due to the strict regulations enforced by the United States Securities and Exchange Commission (SEC) and the National Futures Association (NFA) on forex trading activities.

AAFX Trading compared with alternative brokers

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