AAAFx Review

AAAFx is one of the leading brokers that offers trading services in a variety of instruments including Forex, Cryptocurrencies, Commodities, Stocks and Indices.

AAAFx Review – Pros and Cons

Let us take a look at the pros and cons of AAAFx broker.

AAAFx Review – Pros

Pros / Cons
  • Low commissions
  • Offers 70+ currency pairs, 10+ indices, 100+ stocks, 6 crypto pairs and 5 commodities for trading
  • Regulated by HCMC & FSCA
  • ECN account
  • Minimum deposit: $10
  • No learning resources

 

AAAFx Review – Overall Summary

AAAFX is a 2008-founded online Forex and CFD electronic communications network (ECN) brokerage. Its headquarters are in Greece, and it is regulated by the Hellenic Capital Market Commission. AAAFx is fully regulated in all European Union member countries. It offers trading in an array of instruments, which includes Forex currency pairs and crosses, global equity indices, commodities such as gold, silver, crude oil, natural gas, and copper, as well as major cryptocurrencies.

AAAFx Review  – Is Trading with AAAFx Safe?

Regulation is one of the most important criteria while choosing a broker as it gives a sense of security. AAAFX is regulated by The Hellenic Capital Market Commission. Because of the regulations in place, regulated brokers are extremely unlikely to manipulate market prices. This will be honoured if you send a withdrawal request to AAAFX.  Moreover, their  regulated status may be revoked if they violate any regulatory rules. Since its inception in 2008, AAAFx has a history of operation for over 14 years with satisfied customers.

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AAAFx Review – Trading Platforms

AAAFX offers MetaTrader 4 and 5, Acttrader, and the ZuluTrade platform.

AAAFx Review – MT4 Trading platform

The MT4 platform is widely regarded as the gemstone software among trading platforms. Although the (MT4) trading platform was designed primarily for Forex trading, you can also trade other types of financial instruments via CFDs. MT4 provides a multilingual interface, instant execution, built-in guides, and a comprehensive technical analysis package to traders. It also comes with a plethora of indicators and charting tools as well as custom indicators and time periods.

Features of AAAFx’s MT4

  • 20+ technical tools for analyzing the market

  • Simple interface

  • Available on windows desktop, Mac/iPad, Android, and iOS

  • Track real-time market price

  • Compatible with Windows, iPhone, and Android, or trade directly from the web.

  • Automated trading  feature available

  • Get more than 70 forex currency pairs, global indices, and commodities to trade.

  • Use over 1000 free and downloadable indicators/EAs.

  • Fast execution speed because of the presence of multiple servers across the globe.

  • 9 different timeframes

  • Built-in economic calendar

  • Trailing stop feature

AAAFx Review – MT5 Trading Platform

In 2010, the MT5 platform was released, and it supports faster-than-ever processing technology and new layouts. It’s like the advanced version of the MT4, though most traders prefer using the MT4 trading platform. AAAFx’s MT5 platform provides a diverse range of trading instruments, including Forex, Cryptocurrency, and CFDs.

Features of AAAFx’s MT5

  • 21 different timeframes

  • Hedging and scalping allowed

  • Regular trade alerts

  • Stop-limit orders

  • Available on windows desktop, Android, and iOS

  • More than 30 built-in indicators and 40 technical objects

  • Get access to historical chart data for up to 30 years.
     
  • Scripts have built-in and modifying options
    .
  • There are six different types of pending orders available, in addition to market execution.

  • A built-in economic calendar that keeps you updated on every volatile event.

  • The ability to download a detailed account statement for a specified time period

AAAFx Review – ActTrader Trading Platform

ActTrader is a simple, user-friendly terminal. Since its launch in 2000, it has been at the forefront of the online trading industry, integrated with the latest infrastructure. With robust technology, the platform focuses on simplicity, readability, and challenging existing trading traditions. ActTrader has seen a great increment in its volume. It has reached  $5 trillion per month, demonstrating the platform’s deep liquidity.

Features of AAAFx’s ActTrader

  • A wide range of pre-installed indicators

  • Trade in 11 different timeframes. 

  • Available on windows desktop, Mac/iPad, Android, and iOS

  • Working has been made easier with the one-click trading option.

  • Several drawing tools are available for use on the charts.

  • Set up key price alerts so you don’t miss out on any opportunities.

  • Export account data directly to Excel for maximum convenience.

  • Set up key price alerts so you don’t miss out on any prospects.

  • Export account data directly to Excel for better usability.

  • Colourize your trading terminal to create a fun workspace for yourself.

  • Stream platform prices however you want.


AAAFx Review – ZuluTrade Platform

With ZuluTrade, customers can copy trades of professional traders. On the other hand, MT4 is an independent trading platform that was created for trading FX, commodities, and other products. It is one of the most advanced and user-friendly platforms available.

Features of ZuluTrade

  • Interact with fellow traders and discuss strategies

  • Copy trading strategies of expert traders

  • Use ZuluGaurd – it provides account protection as it monitors the expert’s behaviour and unfollows the signal provider if the trading strategy is altered to avoid losses.

  • Use Automator to perform automated trading and eliminate emotions

  • Zulutrade offers a Combo feature where traders are grouped in combos as per their risk tolerance and strategies. You can choose a combo to follow. Zulu Trade’s Certified Management Portfolio Team oversees each combo.

AAAFx Review – Trading Accounts

With AAAFx, you can open 3 types of account: ECN, ECN+, and ECN  Zulutrade. ECN accounts (Electronic Communication Network) are designed to match buy and sell orders by providing direct access to liquidity providers. AAAFx is able to seamlessly pass on the best prevailing market prices and liquidity to all of our clients through their Prime LPs, with lesser spreads. Also, traders with religious beliefs can go for Islamic accounts.

AAAFx Review – ECN Account

– Minimum deposit: $10
– Commission : $0.99 per $100k per side
– 100% deposit bonus
– Spreads begin from 0.3 pips
– Leverage – 1:500

AAAFx Review – ECN + Account

– Minimum deposit : $10,000
– Commission : $0 per $100k
– 100% deposit bonus
– Spreads begin from 0.3 pips
– Leverage – 1:500

AAAFx Review – Zulutrade (For Copy Trading)

– Minimum deposit : $300
– Commission : $10 per $100k per side
– 100% deposit bonus
– Spreads begin from 0.3 pips
– Leverage – 1:500

AAAFx Review – Demo Account:

You can open a demo account with AAAFX. To sign up, click here.

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Perks of Signing Up with AAAFx

AAAFx Review – Deposit Bonus

When a new trader joins AAAFx, he or she can receive a 100 percent deposit bonus. For example, if you deposit $1,000, they will deposit $1,000 more into your account. As a result, you will have a total equity of $2,000 to trade with. The bonus is credited to your trading account as extra margin. It is immediately added to your trading account as a Credit, increasing the total equity of your trading account.

AAAFx Review – Negative Balance Protection

Negative balance protection safeguards traders against losing more money than they deposit into their trading account. AAAFx operates on the basis of ‘negative balance protection, which means that traders cannot lose more than his or her total invested capital.

AAAFx Review – Trading Calculators

Knowing how to manage your risk as a trader is critical. A trading calculator helps in calculating the potential profits, losses, and trading costs. AAAFx has three calculators: swap, margin, and pip. Swap calculator is available for all the three asset classes – forex, commodities, and indices.

AAAFx Review – Economic Calendar

An economic calendar lists upcoming news events and data releases concerning the economy and financial markets. AAAFx has an in-built economic calendar that helps in analysing more than 500 indices of the world’s largest economies. This data is real-time and is collated from various public resources.

AAAFx Review – VPS Hosting

Forex VPS is a service that allows traders to implement their expert advisors on a dedicated server that will run 24 hours without interruptions, individually from the trader’s own computer, but without the trader’s engagement. AAAFx provides a free VPN hosting service that allows you to trade from all over the world without interference or without having to worry about internet or power failures.

Advantages of Using VPS

  1. VPS allows the trading platform to run indefinitely, making it perfect for using trading robots or trading signals.

  2. It facilitates you to trade from all over the globe, even if an internet connection is unavailable, the power is cut out, or the system crashes.

  3. VPS enables traders to perform trades at any time with minimal delay, resulting in less slippage.

  4. VPS provides anonymity, privacy, and security, allowing you to trade with confidence, and ensuring that your critical data is secure.

AAAFx Review – Trading benefits

Payment and Withdrawals Method Offered by AAAfx

AAAFx offers various reliable deposit and withdrawal options to make the payment process smooth. Trading accounts can be funded via bank wire transfers, credit and debit cards such as Visa, MasterCard, and UnionPay, as well as Skrill and Neteller. AAAFx now accepts Bitcoin as a funding method for trading accounts, which is great news for all cryptocurrency holders.

Payment Features Include –

  • No Deposit or withdrawal fee.

  • All funds are held in Tier 1 banks and are completely separated from the company’s funds.

  • The minimum deposit is $10

  • Instant deposit and withdrawals 

  • Acceptance of global currencies

Payment Options

Bank card:  Visa & MasterCard
Bank Wire: Eurobank, Dixipay, Help2pay, Fairpay, and Payretailors
E-wallets- Fairpay, Skrill, Neteller, match2pay.

Withdrawal Options

Bank card:  Visa & MasterCard
Bank Wire: Eurobank, Dixipay, Help2pay, Fairpay, and Payretailors
E-wallets- Fairpay, Skrill, Neteller, match2pay.

Note – depending on the payment process, the deposit and withdrawal can happen instantly or take 2-3 days. Payments with cards and e-wallets are processed instantly.

AAAFx Review – Customer Support

You can talk to AAAFX’s customer support via chat, email, or phone. The team is available 24/5 and offers multilingual services. English, Greek, German, French, Spanish, Italian, Portuguese, Russian, Chinese, Arabic, and Japanese are among the languages supported.

Contact Details

Registered address: Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown, St. Vincent and the Grenadines
Email id: customercare@aaafx-international.com
Phone call:
Central Hotline : +(30) 213-0117-498
Colombia, Bogota: +(57) 1-3819344

AAAFx Review – How Can I Sign Up for AAAFx?

Opening an account with AAAFx is a quick and past process. Here’s how you can open you account –

1) Visit: https://www.aaafx.com/global/ and click on join now

2) You will be asked to add  your personal details like account type, name, country phone number, email, etc.

3) After that, you have to upload an ID proof, and click and upload a selfie for security purposes.

4) The next step is to add your proof of residence.

5) After submitting all your essential documents, your account will be activated.

Note: you can use your real account only when you have made deposits and all the essential documents have been approved.

AAAFx Review – Final Thoughts

Suitable for both beginners and experienced traders, AAAFx is one of the best brokers available in the market. It is regulated and the minimum deposit requirement is $10. If you are a new trader, AAAFx can be a good choice for you as it is Zulutrade integrated – meaning you can easily copy the trades of experienced traders and get an edge in the market.

AAAFx Review – FAQs

The minimum requirement for opening an account with AAAFx is $10.

Yes, it offers maximum leverage of 1:500 on forex, 1:200 on indices, 1:100 on commodities, 1:5 on crypto and stocks.

AAAfx offers MT4/MT5, ActTrader and Zulutrade

Yes, AAAFx is regulated by HCMC (Greece), FSCA (South Africa).

No, you would require an email id to sign up. Your email id is verified to check your authenticity. AAAFx also asks for your phone number so that they can reach and help you if any problem arises in future.

Yes, you can create a free demo account with AAAFx.

The market opens at 22:00 UTC on Sunday and closes at 22:00 UTC on Friday.

No, they don’t charge any withdrawal fee.

AAAFx provides three different accounts: the ECN account, the ECN Plus account, and the ECN Zulu account.

Depending on the payment gateway, it can happen instantly or take 2-3 business days.

Yes, AAAFx is a legit broker and is regulated  by The Hellenic Capital Market Commission (HCMC), Greece and Financial Sector Conduct Authority (FSCA), South Africa