AAFX Trading Review

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User Rating

4.25/5


AAFX Trading is a well-established broker since 2004. AAFX Trading has headquarters in Australia, Hong Kong, Malaysia, New Zealand, Qatar, Saint Vincent and Grenadines, Saudi Arabia, United Arab Emirates and United States. They are generally well-suited for AAFX Trading to provide their Forex/CFD trading services to global clients.


This broker has also been regulated by FSA (St. Vincent & Grenadines) 22916 IBC. Simple yet detailed information upon this broker can be seen below.


Company Information

Website
aafxtrading.com

Established
2004

Country
Australia, Hong Kong, Malaysia, New Zealand, Qatar, Saint Vincent and Grenadines, Saudi Arabia, United Arab Emirates and United States

Regulation
FSA (St. Vincent & the Grenadines) 22916 IBC

Features

Bonus offers

Trading contests

Free education

Personal manager

Segregated accounts

Affiliate program

Islamic accounts available

US traders are welcome



Account Information

Apart from the forex demo account, this broker offers Fixed, VIP and ECN. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by AAFX Trading is up to 1:2000. Meanwhile, you can open an account with a starting capital of $100

If you want to look for further information about this broker's offered account(s), please take a look at the list below.


Minimum Deposit

$100

Maximum Leverage

1:2000

Spread

Fixed and Variable


Minimum Deposit $100

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

Browser-based platform

Automated trading

Instruments Traded

Besides lots of currency pair, AAFX Trading also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Agriculture, Metals, Energies and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:2000

Gold & silver
1:200

Indexes
1:200

Agriculture
1:200

Metals
1:200

Energies
1:200

Cryptocurrencies
1:10


Minimum Deposit $20000

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Browser-based platform

Instruments Traded

Besides lots of currency pair, AAFX Trading also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Agriculture, Soft commodities, Metals, Energies and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:2000

Gold & silver
1:200

Indexes
1:200

Agriculture
1:200

Metals
1:200

Energies
1:200

Cryptocurrencies
1:10


Minimum Deposit $100

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Browser-based platform

Instruments Traded

Besides lots of currency pair, AAFX Trading also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Agriculture, Soft commodities, Metals, Energies and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:2000

Gold & silver
1:200

Indexes
1:200

Agriculture
1:200

Metals
1:200

Energies
1:200

Cryptocurrencies
1:10

Payment Methods

Bitcoin : As a payment method, Bitcoin is reliable for its low cost and quick process. Brokers have been integrating Bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.

FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

WebMoney : WebMoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept WebMoney today. Like other online payment services today, WebMoney is supported by mobile applications to make transactions more efficient.

AAFX Trading also provides payment with Credit/debit cards and Payza



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, AAFX Trading offers you MetaTrader 4, MetaTrader 5, WebTrader and MetaTrader 4 Web (VPS).

Customer Support

Do you have any question or find any trouble related to AAFX Trading? If you do, you should reach AAFX Trading's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

Chinese
English
French
Russian
Spanish

Office
Support

Email
Support

Call
Support

Chat
Support



FAQ About AAFX Trading

Is AAFX Trading a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if AAFX Trading is a good broker for you or not by reviewing the criteria. In general, AAFX Trading provides trading service in Forex , Gold & silver , CFD , Oil , Stocks , Indexes , Agriculture , Metals , Energies , Cryptocurrencies and Soft commodities . As for the payment methods, you can choose between Bitcoin, Credit/debit cards, FasaPay, Neteller, Payza, Skrill and WebMoney. The customer support is available via Live chat, Phone and Skype.


What is the minimum deposit for AAFX Trading?

The starting capital in AAFX Trading is $100.


Is AAFX Trading regulated?

AAFX Trading is regulated by FSA (St. Vincent & Grenadines) 22916 IBC. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Is AAFX Trading legit?

AAFX Trading is a brokerage company offering trading services for clients since 2004 with offices in Australia, Hong Kong, Malaysia, New Zealand, Qatar, Saint Vincent and Grenadines, Saudi Arabia, United Arab Emirates and United States.


Give Your Review and Rate This Broker



9 Reviews


Martaka Riyanti

Apr 12 2021

I've been trading for three years. All the time, the most significant leverage I knew was 1:500. I even knew nothing about 1:1000, although many brokerage services started providing it long ago.
I was shocked to hear about their enormous 1:2000. My first reaction was - it's a joke. Later I got more than enough confirmations that it's true.
So, I joined them solely to try that leverage, and I did. The signup procedure was quite standard, and everything I saw on the site was quite typical. They offer Metatraders like many other brokers, but that leverage turned me upside down.
As for me, I increased several deposit this way but barely lost them too. Luckily, I managed to stop at the right moment. Nevertheless, it's a fantastic tool.

Gerard Camacho

Apr 5 2021

I found a lot of assets that I use in trading in the AAFX. But the educational information is more suitable for beginner traders here. It's as simple as possible. For example, there are short video tutorials that explain everything about trading in simple terms. And I want more professional knowledge additionally. But there is no such information. As for analytics, I'm okay with AAFX. Every day there is a one-minute video about market news. In addition to it, there is a very detailed report on technical analysis of the market.

Taufik

Mar 25 2021

Every company has certain strengths and weaknesses - this is perfectly normal. And this broker is no exception. But it doesn't spoil the overall impression of the company, in general it can be indicated by the fact that there is no social trading and low bonuses, I can't say that this is bad news for everyone - but someone may give up on this company just because of this. The mobile app, on the other hand, is a real firestarter. I personally really like it!

Ziad Issa al'Kais

Feb 10 2021

1. There is a demo. There is no time limit. You can use it almost always.
2. bonuses. Very small in my opinion. Other companies for a long time already offer 100 % with the same standard workout.
3. Analytics. It is rather standard than specific. But it suits most traders regardless of the strategies they use.
4. Trained analysts. Really great professionals. You can safely go to them for help or recommendation.

Danny Peek

Feb 1 2021

Traded with AAFX in 2018 but I stopped after they closed my accounts and denied me withdrawals. I used chargebacks but did not work, had to use the services of globalreclaimai website to build a case against them and get all my money back. it was successful.

Keil Graham

Jan 13 2021

My trading experience isn’t very big, so when it comes to choosing a new broker I often face difficulties. Several times I had a hard time trading with some brokers because they did things that I don’t like. For example, some tried to cheat me each time I tried to place a market order. In times of high volatility, I was struggling to enter the market due to multiple requotes.
When I stumbled on AAFX, I certainly had bad expectations. Fortunately, the company soothed my fear. Their customer support team was very polite and courteously guided me through the whole registration process and helped me to deposit funds. The trading process is hassle-free here - I can enter the market whenever I want. It makes me want to further collaborate with the company.

Freel

Dec 21 2020

This brokerage is good because of low spreads and high-leverage, that's true. But there are also points that make me not so positive about this brokerage. First of all, I'm speaking about its education quality, if you're just starting to trade, I think it wouldn't help you so much. Secondly, high-leveraged trading can be both beneficial or ruin your trading, so you should be carefull with it. I don't recommend to start with 1:2000 leverage. Also, don't forget about AAFX bonus - to withdraw it, you need to fullfill bonus requirement.

Kemi Uchechi

Nov 24 2020

I paid attention to AAFX initially because of its huge leverage. I think that many people have learned about this broker because of this reason, and I am no exception. It has long been interesting for me to try to trade a little with such a large leverage. But as I have given it a try, I realized that a broker can offer more than that.

 

AAFX Trading is a fairly reliable brokerage with which you can trade on two trading platforms - MT5 and MT4. There are also several types of accounts, which is quite convenient, as it is possible to open an account depending on the desired spreads.

Xavi Vos

Nov 11 2020

I consider myself a promising trader because I do it as a serious business, because I spend a lot of time in the market looking for useful information, because I analyze every step of the market and generally strive to make it my main job.
I chose this company because it has a good reputation. And here they always try to add something new and interesting. For example, since recently, MT5 has appeared here. Before that, I had not tried to work with this platform, but it turned out that there are other indicators to try. Educational materials have now become more substantial too. I would like even more help from an analyst - I hope this will be the next innovation in the company.