AAFX is a global FX broker that offers access to trading various CFD asset types, including Forex, commodities, indices, cryptocurrencies, and shares. The broker offers high leverage, up to 2000:1. AAFX is a regulated broker licensed in St. Vincent and the Grenadines. There are no commissions, only spread markups, and traders can choose between variable and fixed spread account types.
The broker offers a welcome bonus of up to 35% to new traders. Customer support is available in 20 different languages and the broker was awarded as the best broker of Asia in 2013 at the Malaysian investor show.
In this review of AAFX, we’ll dive deep to find out everything worth knowing about this broker. We’ll discuss its trading fees, safety and security, policies, trading software, research capabilities, educational material and more. In addition, if you decide to open a live trading account with AAFX, you will find a useful step-by-step guide.
Pros & cons of AAFX
- No inactivity fees
- Offers access to MetaTrader 4 and MetaTrader 5
- Fast and digital account opening/verification
- Offers access to trading Forex, Commodities, Indices, Cryptocurrencies, Shares as CFDs
- Regulated in St. Vincent and the Grenadines
- Offers both floating and fixed spread account types
- VIP account is available
- Doesn’t offer physical shares
- No micro account available. Deposits start from 100 USD.
- The number of regulators is only limited to 1.
AAFX Fact sheet
|Regulations||St. Vincent and the Grenadines. AAFXTrading.com is incorporated in Malaysia|
|Fees on deposits||0 USD|
|Fees on withdrawal||0 USD|
|Inactivity fees||0 USD|
|Minimum deposit||100 USD|
|Minimum account activation||100 USD|
|Number of available assets||152|
|Leverage up to||1:2000|
|Available trading markets||CFDs on Stocks, Commodities, Cryptocurrencies, Forex, Indices|
|Account currencies||EUR, USD, GBP|
|Live account types||ECN Spread, Fixed Spread, VIP|
|Negative balance protection||Yes|
|Part of compensation fund||Yes|
|Keeps funds on segregated bank account||Yes|
|Fees & spread|
|Forex||From 0.6 pips|
|Cryptocurrencies||From 110 pips|
|Platforms||MetaTrader 4, MetaTrader 5|
|Mobile trading support||Yes|
|Mac device support||Yes|
|Payment methods||Bank Transfer, Bitcoin, Crypto, Fasapay, Neteller, Perfect Money, Skrill, WebMoney|
|Minimum deposit||Bank Transfer, Bitcoin, Crypto, Fasapay, Neteller, Perfect Money, Skrill, WebMoney|
|Minimum withdrawal||Bank Transfer, Bitcoin, Crypto, Fasapay, Neteller, Perfect Money, Skrill, WebMoney|
|Withdrawal processing time||Instant|
|Time to open an account||-|