Your capital is at risk.
AAFX Trading Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $100
- MT4
- MT5
- WebTrader
- SVG FSA
- 2007
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $100
- MT4
- MT5
- WebTrader
- SVG FSA
- 2007
Our Evaluation of AAFX
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
AAFX is a reliable broker with the TU Overall Score of 7.4 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by AAFX clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews showed that the broker’s clients are mostly satisfied with the company.
AAFXTRADING is a broker offering services in over 150 countries. It is suitable for the traders who prefer to work using STP and ECN technologies.
Brief Look at AAFX
AAFXTRADING is an STP and ECN broker, which was founded in 2014. The broker is headquartered in Hong Kong and has offices in Australia and in Saint Vincent and the Grenadines. The company offers its clients access to trading 7 classes of trading instruments, including currency pairs and contracts for difference (CFDs) on stocks, equity indices, precious metals, energies, commodities and cryptocurrencies. AAFX Trading Company Ltd is a registered online trading broker with the company number 22916 IBC , based in Saint Vincent and the Grenadines. Read more about AAFX Available Countries.
- Tight spreads (from 0.8 pips on ECN accounts and 0.7 pips on VIP accounts).
- 150+ trading instruments.
- 3 types of partnership programs.
- Support of STP and ECN technologies.
- 0% withdrawal fee.
- No investment programs.
- Customer support operates 24/6.
TU Expert Advice
Financial expert and analyst at Traders Union
AAFX has been providing trading services to traders for over 7 years. The company is suitable for the clients who want to work directly with the liquidity providers. AAFXTRADING is an ECN and STP broker. These technologies provide direct access to markets, thus ensuring quick order execution and tight spreads for the users.
Commissions of AAFX can be considered beneficial. The traders can choose a trading account type they prefer – with floating or fixed spread. AAFXTRADING offers spreads from 0.7 pips for the clients with a VIP trading account and from 0.8 pips for the clients with an ECN trading account. Fixed spread for EURUSD is 2 pips. The broker does not charge deposit or withdrawal fees.
AAFX is suitable for novice traders, as it has an educational course, a free demo account without limitations, and low requirements for minimum deposit. Also, the broker will be a good choice for those who prefer automated trading; traders can use trading robots here.
- You want to pay only for the spread. AAFX’s spreads differ subject to the account type, with a minimum of 0.4 pips. Yet, there are no trading fees on all account types.
- You need a profitable partnership program. The broker’s partners receive payments not for referral’s trading, but for their deposits. The bonus is 10% regardless of the deposited amount.
- You don’t want to pay for withdrawals. AAFX’s clients get zero withdrawal fees and instant execution only for amounts over $10,000.
AAFX Summary
Your capital is at risk. Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | МТ4 (Desktop, Mobile, Web), МТ5 (Desktop, Mobile), WebTrader |
|---|---|
| 📊 Accounts: | Demo, Fixed, ECN, VIP |
| 💰 Account currency: | USD, EUR, GBP |
| 💵 Replenishment / Withdrawal: | Debit/credit cards, bank cards, Neteller, Skrill, FasaPay, Bitcoin |
| 🚀 Minimum deposit: | USD 100 |
| ⚖️ Leverage: | Up to 1:2000 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 Spread: | from 2 pips (Fixed), from 0.8 pips (ECN), from 0.7 pips (VIP) |
| 🔧 Instruments: | Currency pairs (62), CFDs on stocks (64), indices (11), metals (2), energies (3), commodities (8) cryptocurrencies (2) |
| 💹 Margin Call / Stop Out: | 50%/20% |
| 🏛 Liquidity provider: | More than 20 large banks |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market Execution |
| ⭐ Trading features: | No inactivity fee |
| 🎁 Contests and bonuses: | Yes |
AAFXTRADING offers its clients access to working with 150+ trading instruments. Marginal trading is available; leverage is up to 1:2000. Traders can work on Metatrader 4 and Metatrader 5 trading platforms. Potential clients can test broker’s conditions using a demo account. Swap free trading is available for Muslim traders (Islamic accounts).
AAFX Key Parameters Evaluation
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Trading Account Opening
In order to start trading on AAFX Trader, you need to become a broker’s client by opening a trading account. Here is a short guide:
In the top menu on the main page of the website, select Open An Account and click on Open Live Account.
Next, fill out the registration form. In order to register with the company, you need to provide your first name and last name, your address, date of birth, email, password, country and phone number.
Next is verification. For this you need to upload your ID document.
The following features are also available in the Personal Account:
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Reviews of quotations of trading instruments. The quotations are updated in real time mode, and therefore the traders always get the latest information.
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Daily News. The clients of the company can monitor relevant news. The company publishes news both in text format and as video reviews.
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Trading statistics. Traders can monitor statistics on open and closed trades. The clients can check their profit or loss from the trades, opening and closing price, statistics on trading different instruments, etc.
Regulation and safety
AAFX has three offices. The company’s headquarters are located in Hong Kong. Also, AAFXTRADING has offices in Australia and in Saint Vincent and the Grenadines. The funds of the clients are kept in separate, segregated accounts. For data transfer AAFX uses a secure socket layer (SSL), which reduces the risk of user information leakage.
Advantages
- The funds of the clients are separated from AAFXTRADING equity and kept on segregated bank accounts
- Negative balance protection
- If the broker violates its obligations written in the public offer, the client can file a complaint with the regulator
Disadvantages
- Deposit and withdrawal of funds using debit/credit bank cards Visa, Mastercard or Wire transfer is available only after a client account is duly verified
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Fixed | from $20 | No |
| ECN | from $8 | No |
| VIP | from $4 | No |
Swaps are charged (commission for position rollover to the following day).
Traders Union analysts also compared average trading commission on AAFXTRADING, RoboForex and FxPro. You can see the results of comparison in the table below.
| Broker | Average commission | Level |
|---|---|---|
|
$10.6 | |
|
$1 | |
|
$8.5 |
Account types
AAFX offers 3 account types. They differ by the amount of minimum deposit, types and size of spreads, etc. Marginal trading with leverage up to 1:2000 is available to traders. Minimum deposit on the platform is USD 100.
Account types:
Demo accounts are available for all types of trading platforms.
AAFXTRADING is a broker that provides traders with direct access to liquidity provides, free choice of suitable type of spreads and an opportunity to open a trading account that meets their financial possibilities. If you want to learn how to make money on AAFX, read the Traders Union article.
AAFX Trading - How to open, deposit and verify a trading account | Firsthand experience of TU
Deposit and Withdrawal
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AAFX processes a request for money withdrawal within 24 hours.
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The money can be withdrawn to Visa and Mastercard debit/credit cards, via a wire transfer, electronic payment systems Neteller, Skrill, FasaPay. It is also possible to use Bitcoin.
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Wire transfer takes 1-2 working days. In case of withdrawal via an EPS, the money is credited within several minutes after the broker approves the withdrawal request.
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AAFXTRADING does not charge deposit and withdrawal fees. Payment systems, however, may charge their commissions.
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In order to make a deposit, a user needs to pass verification.
Investment Options
Investment Programs, Available Markets and Products of the Broker
AAFX specializes in services for traders. The platform does not feature investment programs. Therefore, it is possible to earn a profit here only through active trading. However, AAFXTRADING is actively promoting its partnership programs. There are offers for all types of partners.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
AAFX’s affiliate programm
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Introducing Broker. AAFXTRADING offers a partnership program for account, hedge funds managers and other organizations involved in increasing the capital of their clients.
According to this partnership program, the clients can fully use AAFX Trading software, including all trading platforms, trade all types of assets, etc. The reward under the partnership program is credited per lot and depends on the number of clients. The maximum commission is provided for the partners who have 100+ clients; they are rewarded up to USD 20 per trading lot.
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White Label. This program is designed for large investment companies, brokers, banks, etc. Under this partnership program, the clients can also use the software and promote the services under their own label.
The broker provides trading platforms, back office, services, etc. The clients have support 24/6.
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Affiliate Program. This partnership program is for private traders, who can refer new users and receive a reward from AAFXTRADING for that. The broker provides traders with the promotion materials -–banners, landing pages, etc.
Under the Affiliate Program, traders can receive a bonus for each referred trader, who registered and funded his/her account. The bonus amount ranges from 5% to 10% depending on the deposit amount.
Customer support
The operators of the customer support team are online 24 hours a day. Customer support operates 6 days a week with Sunday off.
Advantages
- A person can ask a question in the online chat without being the broker’s client
- Support is available in 30 languages
Disadvantages
- Operates 24/6
The broker provides the following methods of contacting customer support:
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Phone number (specified in the Contact section);
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email;
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online chat on the website and in the Personal Account;
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callback;
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Skype.
Not only a registered client, but also a trader without an active account can contact the broker’s representative to ask a question.
Contacts
| Foundation date | 2007 |
|---|---|
| Registration address | Two Exchange Square 8 Connaught Place Central, Hong Kong. |
| Regulation | SVG FSA |
| Official site | https://www.aafxtrading.com/ |
| Contacts |
+85281981079
|
Education
AAFX has a separate section titled Education. The company offers a course of educational videos and also electronic books. The video course is published on the broker’s official website and also on AAFXTRADING channel on Youtube.
The broker does not have cent accounts, so the training on the demo account is the only way to test the knowledge you obtained.
Comparison of AAFX with other Brokers
| AAFX | RoboForex | Pocket Option | Exness | Forex4you | 4XC | |
| Trading platform |
MT4, MT5, Web platform | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MobileTrading, MT5 | MT5, MT4, WebTrader |
| Min deposit | $100 | $10 | $5 | $10 | No | $50 |
| Leverage |
From 1:1 to 1:2000 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:10 to 1:2000 |
From 1:1 to 1:500 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0.7 points | From 0 points | From 1.2 point | From 1 point | From 0.1 points | From 0 points |
| Level of margin call / stop out |
50% / 20% | 60% / 40% | 30% / 50% | No / 60% | 100% / 20% | 100% / 50% |
| Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | $50 |
| Cent accounts | No | Yes | No | No | Yes | No |
Detailed Review of AAFX
AAFXTRADING is targeted at the traders who prefer to work directly with the liquidity providers. Clients of the company have access to 150+ trading instruments. The users can work with Market Execution type of order execution. AAFX provides clients an opportunity to use automated trading and work with trading advisors.
AAFX in figures:
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Over 7 years in the market.
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150+ trading instruments.
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Spreads from 0.7 pips.
AAFX is a broker for active trading
AAFXTRADING uses ECN and STP technologies. This means that the traders receive direct access to the broker’s liquidity providers. AAFX is not involved in dealing; all quotations come directly from the market, which guarantees fair prices, tight spreads and maximum quick execution. AAFXTRADING does not provide opportunities for passive investing, but the conditions for the traders are attractive. The clients of the company can work with currency pairs and CFDs on stocks, equity indices, energies, precious metals, commodities and cryptocurrencies.
Trading with AAFX is performed through classic trading platforms MetaTrader 4 and MetaTrader 5. Web, desktop and mobile versions of the platforms are available. The broker does not set limitations to the use of any trading strategies.
Useful services by AAFX:
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Economic calendar. AAFXTRADING clients are always up to date on the coming economic events. A trader can select the events that interest him/her using filters. You can set up filters by the class and type of assets, on which an event may have an impact, date and time, expected volatility, etc.
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Blog. Broker’s experts regularly publish market reviews. The company’s blog features the events that happened in the financial markets the previous day or previous week and also their impact on specific assets.
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Video analysis. AAFT Trading analysts publish video reviews of economic events. The videos are published on the broker’s website and Youtube channel. The broker publishes video reviews daily.
Advantages:
7 classes of assets are available for trading.
The company keeps clients’ funds on segregated accounts to ensure their safety.
Negative balance protection.
Tight spreads (from 0.7 pips) on VIP accounts.
The broker provides free analytics and online instruments for improving the quality of trading.
35% Welcome Bonus.
1:2000 Leverage.
US clients accepted.
All clients, regardless of the amount of their deposit, have access to the broker’s analytics, economic calendar, demo accounts, Islamic account, etc.
User Satisfaction