AAFX Broker Review 2024

AAFX is a dominant Forex broker offering over 1000 tradable instruments to clients in 150 countries. This broker has 3 main account types, including Fixed, ECN, and VIP accounts with spreads as low as 0.4 pips.

AAFX has numoures bonuses such as 35% welcome bonus, redeposit bonus, and iPhone/iPad promotion.

AAFX Company Information & Regulations

AAFX Trading Company Ltd has quickly become one of the world's fastest-growing Forex and CFD providers. The company offers foreign exchange and CFD trading on multiple platforms.

Here are some key points about AAFX Trading:

• Market leader in customer service, offering products and services in over 20 languages
• Won the best broker of Asia in 2013
• Regulated by FSA and Mwali
• Incorporated in Saint Vincent and the Grenadines (Registration number: 22916 IBC)
• Compliant with international legislation and regulation standards

AAFX Trading places a strong emphasis on fund safety, prompt customer support, and providing industry-leading trader tools. This commitment to excellence has established AAFX as a trusted and reliable platform for global forex and CFD trading.

AAFX Broker Summary of Specifications

Let's take a closer look at what makes AAFX Trading stand out in the crowded forex broker market.

AAFX Broker Account Types

AAFX Trading offers several account types to suit different trading styles and preferences:

Fixed account

This account is perfect for traders who want to have fixed spreads on their traders. Let’s see some of the key features of this account type:

• Fixed spreads starting from 2 pips
• Leverage up to 1:2000
• No commissions
• Minimum deposit: $100

ECN Account

  This account suits traders who want to trade various instruments with low variable spread and no commission. Here are some of the key features of this account type:

• Variable spreads starting from 0.6 pips
• Leverage up to 1:2000
• No commissions
• Minimum deposit: $100

VIP Account

AAFX VIP account is best for high-volume traders. This account enables traders to buy and sell with a maximum leverage of 1:2000. Some it’s key features include:

• Tightest spreads starting from 0.4 pips
• Leverage up to 1:2000
• No commissions
• Minimum deposit: $20,000

Pros and Cons of AAFX Broker

Let's weigh the pros and cons of trading with AAFX:

AAFX Sign-Up & Verification Guide

Getting started with AAFX Trading is a straightforward process. Here's a step-by-step guide:

1. Visit the AAFX Trading website (www.aafxtrading.com);
2. Click on the "Open Live Account" button;
3. Select your account type (Individual or Corporate);
4. Fill in the required personal information, including name, email, password, address, date of birth, and phone number;

5. Login to your account and go to the verification tab;
6. Upload necessary verification ID and proof of address documents;
7. Upload proof of payment documents;
8. Submit your application.

AAFX Broker Trading Platforms

AAFX provides it’s trading services on propriety platform called AAFX platform which is only available on web brawsers. This platform allows users to trade their favorite instruments in various markets, including Forex, indices, commodities, cryptocurrencies and more.

AAFX Broker Spreads and Commissions

AAFX Trading offers competitive spreads and a commission-free trading environment:

There are no commissions charged on any of the account types, making AAFX an attractive option for cost-conscious traders.

AAFX Deposit and Withdrawal Methods

it’s time to go through deposit and withdrawal methods in our AAFX broker review. This broker provides a range of convenient deposit and withdrawal options:

AAFX covers all deposit and withdrawal fees for payments. However, this broker doesn’t offer credit or debit deposits and withdrawals, which could be a major downside for many traders.

AAFX Copy Trading & Investment Options

Since AAFX doesn’t offer MetaTrader 4 and 5 trading platforms, it has no investment options such as copy trading or social trading.

If you are looking for a broker with copy trading options, we recommend AvaTrade, Pepperstone, and IC markets.

Tradable Markets & Symbols on AAFX

AAFX Trading offers access to over 1000 financial instruments across various markets:

• Forex: Major and minor currency pairs
• Precious Metals: Gold and silver
• Energies: US Oil, Natural Gas, and UK Oil
• Equity Indices: S&P 500, FTSE 100, DAX 30, and more
• Commodities: Agricultural products
• Stocks: Shares of major global companies, including AAPL, AMZN and more
• Cryptocurrencies: Bitcoin

Trading hours, minimum/maximum lot sizes, and leverage details are clearly specified for each instrument, allowing traders to decide based on their trading strategy and risk appetite.

AAFX Broker Bonuses and Promotions

AAFX offers attractive bonuses to both new and existing clients:

Welcome Bonus

• 35% bonus on first deposit
• Minimum deposit: $500
• Send a bonus request through email or live chat

In order to recieve this bonus traders need to follow these simple steps:

1. Create an account in AAFX broker;
2. Read the terms and conditions;
3. Deposit at least $500;
4. Submit a request to recieve your bonus through live chat or email support.

Redeposit Bonus

• 25% bonus on deposits of $500 or more
• 30% bonus on deposits of $1000 or more
• Can be claimed up to two times
• Traders can’t withdraw bonuses

iPhone and iPad promotion

Meet these qualifying factors to have a chance at winning an iPhone 6S or iPad pro

AAFX Broker Support

AAFX Trading prides itself on providing excellent customer service:

AAFX Broker Restricted Countries

AAFX Trading does not provide services to residents of certain countries, including:

• Japan
• Australia
• Brazil
• Tahiti
• North Mariana Islands
• Guinea-Bissau
• Turkey
• USA
• Iraq
• Libya
• South Sudan

This list is not exhaustive, and AAFX reserves the right to refuse service to anyone for any reason. Traders should check the broker's terms and conditions or contact customer support to confirm their eligibility.

AAFX Broker Trust Scores & Reviews

AAFX Trading has received mixed reviews from traders on reliable review websites.

It’s essential to recognize that personal experiences may differ, so prospective clients are encouraged to do extensive research before setting up an account.

AAFX Broker Education

AAFX Trading provides a comprehensive education center for traders of all levels:

• Educational videos
• E-books on forex trading
• Research reports
• Trading tools (calculators, converters, economic calendar)
• Regular market analysis and updates

These resources cover topics from forex basics to advanced technical and fundamental analysis.

TradingFinder Expert Suggestion

AAFX offers intriguing offers such as a $100 minimum deposit, no trading commissions, various leverage options (up to 1:2000), and 6 fee-freefee-free deposit methods.

However, its lack of proper regulation by tier-1 authorities, such as FCA, CySEC, and CFTC, restricts it from reaching its full potential.