AAFXTRADING

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Advantages:

Not found

Disadvantages:

Not found

About company:

AAFX Trading offers trading multiple currency pairs and various CFDs on the widely used MetaTrader 4 platform.

About company. Fund security

We have not found any company history. With the help of third-party resources, we managed to find out that the company was founded in 2004, and has been online since 2012.

The brand is owned and operated by AAFX Trading Company Ltd., a company operating under the jurisdiction of Saint Vincent and the Grenadines (SVG). The firm also has offices in Australia and Hong Kong. AAFX TRADING COMPANY LIMITED is regulated by the FSA.

SVG-based International Business Companies (IBCs) provide financial services under a local financial regulatory regime that is one of the most liberal. The registration procedure is one of the easiest in the world. In the process, companies face little oversight, if any, from the regulator.

That is why, if you are planning to invest a large amount of money, we would advise you to choose brokers regulated in the EU, Australia or another jurisdiction where your investments will be insured.

Trading conditions

AAFX Trading clients are offered a choice of 2 types of accounts: with fixed spreads and ECN. Unlike most brokers, this one does not charge any commission to ECN account holders.

Both account types offer micro lots.

In addition, swap-free (Islamic) accounts are also available with this broker.

Minimum deposit

The minimum deposit is $ 100.

Spreads and commissions

It looks like AAFX Trading has a competitive trading environment. AAFX Trading Fixed Spreads average 2 pips per EUR / USD, while ECNs are really low and start at 0.5 pips on EUR / USD and there is no commission charged.

Leverage

Available leverage up to 1: 2000. This is a very high leverage value. On the one hand, traders have the opportunity to make money quickly, and on the other hand, to lose it quickly. We advise you to be careful when trading with leverage.

Trading platforms

This broker supports the popular MetaTrader4, which comes in desktop and mobile versions.

MT4 is the choice of millions of traders around the world. This software supports popular indicators for trading and charting, in addition, you can create your own EA or trade with existing ones.

The broker supported the Vertex trading platform but abandoned it.

Bonuses / Promotions

The broker has a 35% welcome bonus for deposits from 500 EUR / USD.

It is also possible to re-deposit the bonus. For details, please contact the manager.

Significant services

AAFX Trading offers Islamic accounts (no swaps). The broker claims that his accounts are significantly different from Islamic accounts of other companies, since AAFX Trading does not impose any additional fees for trading on such accounts, including increasing spreads.

Support service

Support works by phone, live chat, you can also order a call using the feedback form. The company is represented on social networks: Twitter, Facebook, LinkedIn /

The company's website is supported in more than 30 languages, including Russian. True, the information is translated using an ordinary search engine translator. We tried to ask a question in Russian to the support service via an online chat. It should be noted that the answer came almost instantly, but in English, and was translated into Russian with the help of a search engine translator.

Ways of payment

AAFX Trading offers a wide variety of payment methods for clients: bank transfer, credit / debit cards and e-wallets Neteller, Skrill, Paynow, PerfectMoney and Fasapay.

Withdrawals are processed within three business days, bank transfers may take longer.

Criticism of traders

There are various reviews about the broker on the net. Moreover, almost equally positive and negative. Most of the complaints are related to the inability to get into your personal account, the delay in the withdrawal of funds.

In our opinion, the main problem with this broker is that it is registered offshore. Here are the pros and cons of AAFX Trading in a nutshell:

Pros:

competitive spreads; Islamic accounts; bonuses.

Minuses:

registered offshore; no PAMM accounts; no trading signals; there is no choice of trading platforms.

FAQ - BROKER QUESTIONS AAFXTRADING

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Can the broker AAFXTRADING be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. AAFXTRADING received a rating of 1 out of 5 on our resource.