AAFX Trading has been operat...
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 the 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.
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-based 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.
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 transfers.
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.
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 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.