AAFXTrading is an online broker offering a wide range of trading assets including major forex, minor forex, exotics forex, metals, commodities, energy, cryptocurrencies, stocks, and indices. The broker is regulated by the Financial Services Authority (FSA) in Saint Vincent and the Grenadines. AAFXTrading distinguishes itself through its fast withdrawals, instant execution, generous welcome bonus, extensive asset portfolio, and high leverage of up to 1:2000.
Pros and Cons
Pros
- Leverage of up to 1:2000
- 35% welcome bonus on your initial deposit (minimum $500) into your first live account
- Low spreads and zero commission
- Fast withdrawals
- Instant market execution
Cons
- Limited deposit methods
Recommended For
AAFXTrading offers a range of features and services that make it a versatile choice for traders of different backgrounds and experience levels. Geographically, AAFXTrading accepts clients from all countries, making it accessible to a global audience. This broker is particularly useful for traders who prioritize fast withdrawals and instant execution, as these are among its top features. For novice traders, AAFXTrading offers educational tools to help develop their trading skills and knowledge. The availability of free demo accounts allows beginners to practice trading strategies without risking real money. Moreover, the broker’s mobile compatibility with both Android and iOS devices ensures that traders can access their accounts on the go. Experienced traders will appreciate the ECN or VIP account type offered by AAFXTrading. These accounts provide variable and raw spreads that may be more favorable for advanced trading strategies such as scalping and hedging. The inclusion of the popular MetaTrader4 (MT4) and MetaTrader5 (MT5) platforms further enhances the trading experience for all users. While AAFXTrading offers a wide range of tradable assets, including forex, metals, commodities, energy, crypto, stocks, and indices, it is worth noting that the broker has limited deposit methods available. However, the multitude of other features provided by AAFXTrading compensates for this drawback.
Regulated By
- Financial Services Authority (FSA) Saint Vincent and the Grenadines
- Forex License from Comoros (Mwali)
Top Features
- Wide Range of Assets: Traders have access to over 100+ traded assets including major forex, minor forex, exotics forex, metals, commodities, energy, crypto, stocks, and indices.
- High Leverage: The broker offers a high leverage of up to 1:2000 across all account types which can maximize potential profits.
- Trading Features: AAFXTrading supports advanced trading strategies such as scalping and hedging. It also provides features like one-click trading and trading off charts.
- Client Support: The broker provides round-the-clock customer support via chat, phone, email, and Skype. It also offers personal account managers to assist traders.
Overview
- Type of Broker ECN
- Regulation & Licensing Financial Services Authority (FSA) Saint Vincent and the Grenadines, Comoros Forex License (Mwali)
- Clients Accepted from All countries
- Assets Offered Major Forex, Minor Forex, Exotics Forex, Metals, Commodities, Energy, Crypto, Stocks, and Indices
- Platforms Available Metatrader4 (MT4) and Metatrader5 (MT5)
- Mobile Compatibility iOS and Android
- Payment Types Accepted Skill, Neteller, Perfect Money, WebMoney, Crypto, Sticky, Fasapay
Account Types
|
|
Fixed Account |
ECN Account |
VIP Account |
|
Account Currencies |
USD, EUR, GBP |
USD, EUR, GBP |
USD, EUR, GBP |
|
Minimum Deposit |
$100 |
$100 |
$20,000 |
|
Available Leverage |
1:2000 |
1:2000 |
1:2000 |
|
Commission Per Trade |
0% |
0% |
0% |
|
Decimal Pricing |
0.01 |
0.01 |
0.01 |
|
Trading Instruments |
Forex, Metals, Commodities, Energy, Crypto, Stocks, and Indices |
Forex, Metals, Commodities, Energy, Crypto, Stocks, and Indices |
Forex, Metals, Commodities, Energy, Crypto, Stocks, and Indices |
|
Min. Lot Size Per Trade |
0.01 |
0.01 |
0.01 |
|
Spreads |
0.01 |
0.01 |
0.01 |
|
Spread Condition |
Fixed |
Variable |
Raw |
|
Demo Account |
Yes |
Yes |
Yes |
|
Swap/Rollover Fee |
No |
No |
No |
|
Copy Trading Support |
Yes |
Yes |
Yes |
Trading Platforms
- MetaTrader4 (MT4)
- MetaTrader5 (MT5)
Trading and Investment Tools
- One Click Trading Y/N
- Trade off Charts Yes
- Email Alerts Yes
- Mobile Alerts Yes
- Stop Order Yes
- Market Order Yes
- Trailing Stop Order Yes
- OCO Orders Yes
- Limit Order Yes
- 24hr Trading Yes
- Charting Package No
- Streaming News Feed Yes
Compliance & Regulation
When it comes to the crucial matter of compliance and regulation, AAFXTrading is authorized and regulated by the Financial Services Authority (FSA) in Saint Vincent and the Grenadines. This regulatory oversight ensures that the broker operates within established guidelines and maintains transparency in its dealings with clients. Furthermore, it holds a Forex License from Comoros (Mwali). AAFXTrading does not hold regulatory licenses from European, North American, Asia-Pacific, or Middle Eastern regulatory bodies. While some traders may value regulatory licensing from specific regions more than others, AAFXTrading’s compliance with the FSA regulations provides a level of assurance regarding the broker’s commitment to maintaining industry standards.
Fees & Commissions
- Rollover Fee $0
- Margin Interest 0%
Pricing
AAFXTrading positions itself as an affordable broker in the market with competitive spreads. They offer a high leverage of 1:2000 across all account types – Fixed, ECN, and VIP – providing greater trading potential for traders. Furthermore, they do not charge any commission or swap fees on trades, which is a significant advantage for cost-conscious traders.
Service Details
- Supported Languages English, Arabic, Chinese, Hindi, Indonesian, Japanese, Korean, Malay, Portuguese, Russian, Spanish, Thai, Turkish, Urdu, Vietnamese
- Customer Service By Chat, Phone, Email, and Skype
- Customer Service Hours 24/5
- Email Response Time 30 Minutes
- Telephone Orders No
- Personal Account Manager Yes
Reliability & Security
The safety of client funds is a top priority at AAFXTrading. They ensure this through several measures such as segregating client funds from the company’s own funds preventing misuse under any circumstances. They also feature an automated risk management system on their platforms to prevent account balances from going negative during trading. Additionally, all account funding options feature SSL Security ensuring secure transmission of sensitive information. Despite their lack of wider geographical regulatory compliance, these security measures indicate a commitment to customer fund safety and transactional security.
User Experience
AAFXTrading has a user-friendly website design with a clean and simple layout, making it easy to navigate and find the information you need. The account opening process is straightforward and takes only a few minutes to complete. The platforms used by AAFXTrading, MetaTrader4 and MetaTrader5, are known to be efficient and easy to use, and the customer support team is available 24/5 to answer any queries.
Final Thoughts
AAFXTrading is a reliable online broker with a wide variety of assets and features that make trading easy and secure. The broker offers competitive spreads, fast withdrawals, and an attractive welcome bonus of 35% (on your initial deposit into your first live account – minimum $500). AAFXTrading is suitable for all traders, regardless of their experience level, and provides a safe and secure trading environment.
Trading Platform Screenshots
Contact Info
FAQs
Q: Is AAFXTrading regulated?
A: Yes. AAFXTrading is an authorized and regulated brand under AA Business Solutions SDN BHD and subject to oversight by FSA.
Q: What is the minimum deposit for AAFXTrading?
A: For the Fixed and ECN account, the minimum deposit is $100. For the VIP account, it is $20,000.
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