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.

AAFX Trading Review

4.52
202 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

AAFX Trading general information

Founded in: 2014 year
Headquarters:
Saint Vincent and the Grenadines
Offices in the country: Australia, Hong Kong
Website: www.aafxtrading.com
Website languages: English
Execution model:
NDD, ECN
Support languages: English
Regulated by:
ASIC (Australia)
FSA (Saint Vincent and the Grenadines)
Mobile trading: iOS, Android
Types of offered accounts:
Unlimited Demo Accounts, Standard Accounts, ECN accounts
Affiliate program: 1
Deposit bonus: 30 %
As a warm welcome to our newest traders, we are offering a 30% bonus on top of your initial deposit into your first AAFX live account.

AAFX Trading Forex broker description

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



Unique Selling Points

  • Competitive trading conditions: AAFX Trading is known for its competitive trading conditions, which include low spreads starting from 0.2 pips, flexible leverage options up to 1:2000, and no re-quotes or hidden fees. These trading conditions are designed to offer traders the best possible trading experience with minimal costs.

  • A diverse range of assets: AAFX Trading offers various trading instruments, including Forex, stocks, indices, commodities, and cryptocurrencies. This provides traders with a diverse range of assets to choose from and allows them to build a diversified trading portfolio.

  • Multiple account types: AAFX Trading offers different account types to suit different trading needs and preferences, including fixed and ECN accounts. Each account type has unique features, such as different spreads, commission structures, and minimum deposits, allowing traders to choose the account that best suits their trading style.

  • User-friendly platforms: AAFX Trading offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely used by traders worldwide and provide a range of advanced charting tools and trading features. The platforms are user-friendly and easy to navigate, making them attractive for novice and experienced traders.

  • Strong customer support: AAFX Trading provides 24/5 customer support through various channels, including live chat, email, and phone, with multilingual backing available. The broker's customer support team is knowledgeable and responsive, providing timely assistance to traders when needed.

  • Islamic account option: AAFX Trading offers Islamic accounts that comply with Sharia law and do not charge overnight swap fees. This makes it an attractive choice for Muslim traders who wish to trade in accordance with their religious beliefs.

  • Competitive affiliate program: AAFX Trading offers a competitive affiliate program that allows traders to earn commissions by referring new clients to the broker. The program is easy to join and provides traders with an additional income stream, making it an attractive choice for those looking to supplement their trading income.


Introduction

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 (FSA) of Saint Vincent and the Grenadines. The broker is known for its user-friendly trading platform, a diverse range of assets, and competitive trading conditions.

AAFX Trading accepts clients from over 50 countries, including Europe, the UK, Australia, and Asia. AAFX Trading review and check on the forex broker website shows that the broker offers various trading instruments, including stocks, Forex, commodities, cryptocurrencies, and indices. 

Traders can choose from multiple account types with leverage options up to 1:2000 and low spreads starting from 0.2 pips. The minimum deposit required ranges from $100 to $500, depending on the account type. 

AAFX Trading has implemented strict security measures to protect clients' personal and financial information, keeping client funds in segregated accounts. The broker supports multiple payment methods such as bank transfer, credit/debit card, Skrill, Neteller, and other e-wallets, making deposits and withdrawals easy. 

Customer support is available 24/5 and can be accessed through email, phone, or live chat, with multilingual support available. This AAFX trading review will reveal all you need to know about AAFX brokers. 


Supported Countries

AAFX Trading is a globally recognized NDD and ECN broker that provides services to clients from over 50+ countries worldwide. These include Australia, Canada, South Africa, Japan, India, Singapore, Malaysia, New Zealand, Thailand, Indonesia, China, Hong Kong, Vietnam, Philippines, Taiwan, South Korea, Pakistan, United Arab Emirates, Saudi Arabia, Kuwait, Bahrain, Oman, Qatar, Jordan, Lebanon, Egypt, Nigeria, Kenya, Ghana, Morocco, Tunisia, Algeria, Mauritius, Seychelles, Brazil, Argentina, Chile, Mexico, Colombia, Peru, Venezuela, Panama, Costa Rica, Guatemala, Dominican Republic, Ecuador, Bolivia, and Paraguay.

AAFX Trading restricted countries include United States of America, Iran, North Korea, Syria, Cuba, and Sudan.

AAFX Trading is known for its multilingual platform that supports multiple languages, including Arabic, Chinese (Simplified), Hindi, Indonesian, Japanese, Korean, Malay, Portuguese, Russian, Spanish, Thai, Turkish, Urdu, and Vietnamese.


Customer Service Rating

AAFX Trading has a customer service rating of 3.9 stars on Trustpilot, based on 109 reviews. While this rating is quite good, there have been some negative reviews about the broker's customer support. 

However, AAFX Trading has taken steps to improve its customer service, including increasing the number of customer support staff members and improving their response times. They have also added a live chat option to their website for faster assistance. This shows that AAFX Trading is committed to providing excellent customer service to their clients, continuously working to improve in this area.


AAFX Trading Platforms

AAFX Trading offers clients a range of advanced trading platforms that cater to the needs of different trading styles.

  • MetaTrader 4 (MT4): This platform is popular among traders for its user-friendly interface, advanced charting capabilities, and customization options. Traders can access various analytical tools and trading strategies with the MT4 platform, including Expert Advisors (EAs), which can automate trading strategies. MT4 is available for download on desktop and mobile devices.

  • MT4 Multiterminal: The MT4 Multiterminal platform is designed for traders who want to manage multiple accounts simultaneously. This platform allows traders to place orders, manage trades, and monitor market movements across multiple accounts simultaneously. MT4 Multiterminal is available for download on desktop devices.

  • WebTrader: AAFX Trading's WebTrader platform is a browser-based trading platform that can be accessed on any device with an internet connection. The platform provides traders with access to real-time market data, advanced charting tools, and a range of trading instruments. WebTrader is ideal for traders who prefer to avoid downloading software or who want to trade on the go.

  • MT5 (MetaTrader 5): MT5 is also offered as a platform option by AAFX Trading. MT5 is the successor to the popular MT4 platform and offers more advanced trading features such as more timeframes, additional technical indicators, and the ability to trade futures and options in addition to Forex. It is available for download on AAFX Trading's website and can be used on desktop and mobile devices.


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.


Trading Denominations on AAFX Trading

AAFX Trading supports trading in various currencies, including USD, EUR, GBP, AUD, CAD, CHF, JPY, SGD, and NZD. Clients can choose the currency they wish to deposit, withdraw, and trade in, subject to the broker's terms and conditions. 

Please note that exchange rates and conversion fees may apply when depositing or withdrawing funds in a different currency from your account base currency.


Company Structure

AAFX Trading was founded in 2014 and has its headquarters located in Saint Vincent and the Grenadines. AAFX stands for Advanced Automated Forex Trading. The company has a team of experienced professionals passionate about the financial markets, providing clients with excellent service and trading conditions. 

The company has grown over the years to become a well-established forex broker, and it is regulated by the Financial Services Authority (FSA) in Saint Vincent and the Grenadines.

The company has over 100 employees who work to ensure that clients are well-catered for and that the trading conditions are optimal. 

AAFX Trading is committed to providing clients with the best possible trading experience, so they offer a wide range of trading instruments and platforms. They also have an excellent customer support team, which is available 24/5 to assist clients with any queries they may have. 

Many clients have reviewed AAFX Trading on various platforms, and the reviews are generally positive, with clients praising the excellent trading conditions and customer support. AAFX Trading has established itself as a reliable and reputable forex broker in the industry. 

The company's commitment to providing clients with excellent trading conditions, platforms, and customer support has earned it positive reviews and an excellent reputation. AAFX Trading is a regulated broker, and clients can trade with the confidence that their funds are safe and that they will receive excellent service.


AAFX Trading Licenses and Regulatory Compliance

  • AAFX Trading is regulated by the Financial Services Authority of St. Vincent and the Grenadines, with license number 22916 IBC. 

  • The broker is registered with the Cyprus Securities and Exchange Commission (CySEC) with license number 405/19.

  • The company is also registered with the International Business Companies (Amendment and Consolidation) Act, chapter 149 of the revised laws of Saint Vincent and the Grenadines, 2009. 

  • Additionally, AAFX Trading is compliant with regulations set by the European Securities and Markets Authority (ESMA) and 


AAFX Trading Customer Protection 

AAFX Trading offers all its clients negative balance protection, ensuring that they cannot lose more than the balance in their trading accounts. The company also provides segregated accounts, where clients' funds are kept separate from the company's operating funds. 

This helps to protect clients' funds in the event of the company's insolvency. AAFX Trading uses state-of-the-art encryption technology to secure all client data, including personal information and financial transactions.


Trading Information

AAFX Trading offers different lot sizes, allowing traders more flexibility and control over their trades. The minimum lot size for trading on AAFX is 0.01, also known as a micro lot, which is ideal for beginner traders who want to minimize their risks. A standard lot is 1.0, and a mini lot is 0.1.

In addition to these lot sizes, AAFX Trading also offers the option for traders to trade fractional lots, which allows for even more control over trade size. Fractional lots allow traders to trade with specific unavailable trade sizes with standard lot sizes. This can be particularly useful for traders who want to implement specific risk management strategies.


Tradable Instruments

Here are the tradable instruments available on AAFX Trading:

  • Forex: AAFX Trading offers over 60 forex currency pairs, including major, minor, and exotic pairs. The maximum leverage offered for forex trading is 1:2000.

  • Stocks: Traders on AAFX can trade over 50 global stocks from popular companies like Amazon, Apple, Coca-Cola, and more. The maximum leverage offered for stock trading is 1:20.

  • Cryptocurrencies: AAFX Trading offers 10 popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple. The maximum leverage offered for crypto trading is 1:20.

  • Indices: AAFX Trading provides access to major global stock indices such as the S&P 500, NASDAQ, FTSE, and DAX. The maximum leverage offered for index trading is 1:200.

  • Commodities: Traders on AAFX can trade in precious metals such as gold and silver and energy products such as crude oil and natural gas. The maximum leverage offered for commodity trading is 1:200.


AAFX Leverage

AAFX Trading offers flexible leverage options to its clients, with a maximum leverage of 1:2000. The leverage varies according to the account type and the instrument being traded. For forex trading, the leverage is 1:2000 for the VIP account, 1:1000 for the fixed account, and 1:500 for the ECN account. 

For commodities and indices, the maximum leverage is 1:200 for all account types. While leverage can potentially increase profits, it also increases the risk of loss, so traders need to use leverage wisely and understand the potential risks involved.


Deposits and Withdrawals

Deposits 

For AAFX Trading, the minimum deposit is $100 and the broker offers several deposit methods, including credit/debit cards, Skrill, Neteller, FasaPay, Perfect Money, and local bank transfer. 

Each method has a minimum and maximum deposit amount, and most deposits are processed instantly. Local bank transfers may take 1-2 business days to process.

Method    

Minimum Deposit

Maximum Deposit

Processing Time

Credit/Debit Card

$100

$10,000

Instant

Skrill        

$100

$10,000

Instant

Neteller

$100

$10,000

Instant

FasaPay

$100

$10,000

Instant

Perfect Money

$100

$10,000

Instant

Local Bank Transfer

$100

Unlimited

1-2 Business Days


Withdrawals

In terms of withdrawals, AAFX Trading offers several methods, including credit/debit cards, Skrill, Neteller, FasaPay, Perfect Money, and local bank transfer. 

The minimum withdrawal amount is $50 for most methods, and the maximum withdrawal amount varies by method. Withdrawals may take between 1-7 business days to process, depending on the method used.

Method    

Minimum Withdrawal

Maximum Withdrawal

Processing Time

Credit/Debit Card

$50

$5,000

2-5 Business Days

Skrill        

$50

$5,000

1-7 Business Days

Neteller

$50

$5,000

1-7 Business Days

FasaPay

$50

$5,000

1-7 Business Days

Perfect Money

$50

$5,000

1-7 Business Days

Local Bank Transfer

$50

Unlimited

2-5 Business Days


AAFX Trading Education and Training

  • AAFX Trading offers a range of educational resources to help traders improve their skills and knowledge. These include e-books, video tutorials, webinars, and market analysis articles.

  • The educational resources cover a wide range of topics, including technical analysis, fundamental analysis, trading psychology, risk management, and trading strategies.

  • AAFX Trading also offers a demo account for traders to practice trading in a risk-free environment. The demo account is free and comes with virtual funds that traders can use to simulate real trading conditions.

  • Traders can also access a range of trading tools on the AAFX Trading platform, including economic calendars, trading calculators, and trading signals.

  • AAFX Trading provides one-on-one training for traders who want personalized guidance and support. Traders can request a personal coach who will provide customized training and advice on trading strategies and risk management.

  • AAFX Trading offers a referral program that rewards traders for referring their friends and family to the platform. Traders can earn up to $2,000 for each referral who opens a live trading account and meets the minimum trading requirements.

  • AAFX Trading regularly hosts trading contests and promotions to incentivize traders to improve their skills and knowledge. These contests offer prizes such as cash bonuses, trading credits, and gadgets.


FAQs

  • 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 personal 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. 


Conclusion

AAFX Trading is a reputable forex broker with a wide range of services that cater to the needs of traders around the world. With a track record of over a decade, the company has earned the trust of its clients, as evidenced by positive AAFX Trading reviews and ratings on various platforms. AAFX Trading is regulated by several financial authorities, ensuring the safety of traders' funds and transactions. 

Additionally, AAFX Trading offers a variety of account types, each with its own unique features and benefits, making it accessible to traders with different levels of expertise.

AAFX Broker also provides a user-friendly trading environment with powerful tools and platforms to support trading activities. With a variety of tradable instruments and competitive leverage rates, traders have access to a wide range of investment opportunities to suit their trading strategies. 

Moreover, AAFX Trading offers excellent customer support services, which include an extensive knowledge base, live chat, email support, and phone support. AAFX Trading is an excellent choice for traders looking for a reliable, customer-oriented broker with a track record of excellence in the forex industry. 

Contacts of AAFX Trading

Headquarters
Сент-Винсент и Гренадины, , КингстаунBeachmont, Griffith Corporate Centre
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+19142335216Телефон штаб-квартиры
Филиал
Hong Kong , Hong KongConnaught Place Central, Two Exchange Square 8
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+85281981079Локальный телефон
Филиал
Австралия , СиднейKing Street, 20
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+61280035080Локальный телефон

Recent customer reviews of AAFX Trading

Paul Moses 27 February 2024

Advantages: -The broker offers a huge spectrum of insturments to trade. By doing I can focus on many markets at the same time looking for the best trading scenario. -Sky high leverage that I can utilize to my advantage. Less capital on hand -more lots I can buy thanks to the leverage.

Disadvantages: One drawback in my view is the limited educational resources available for beginners.This part can be expanded.

Comment: AAFX Trading presents an attractive option for traders.
But, what is the diiference between ECN spread account and Fixed Spread account?

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Mayowa Oyedokun 21 February 2024

Advantages: nil

Disadvantages: nil

Comment: I invested a lot of money in AAFX investment but lost all of it until I invested in primecryptomarket.c=o=m. I started trading with 1000 USD and made 26,000 at the end of the first week. I requested for withdrawal and it went on very smoothly.

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Letterio Piazza 11 November 2023

Advantages: a) commitment to teaching traders new stuff via education center; b) interesting bonus system, I really adore it;

Disadvantages: No any, I unfortunately can't state that there's something I don't like.

Comment: As I stressed, the company is entirely flawless for me. It caters to my needs a positional trader by surrounding me with required instruments. I have a big assets selection at the disposal, as well as I feel free diving deep into affiliate marketing with'em.
To be fair, these are only plans, because now I'm plunged headlong into trading. I ain't have any qubbles.

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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.