Founded in 2010, AAFX Trading is an online forex and CFD broker that is based in St. Vincent and the Grenadines but has offices in Australia, Hong Kong, and Malaysia. They offer online trading in over 250 financial instruments, spread across currency pairs, indices, commodities, cryptocurrency, and stocks. The broker provides clients with the famous MetaTrader 4 and MetaTrader 5, multiple payment options, educational resources, and useful trading tools, such as daily market news and technical analysis. They offer ECN model of trade execution with competitive execution speeds and spreads, and there are no commissions.
AAFX Trading Review Introduction
In this AAFX Trading review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including AAFX Trading.
AAFX Trading Platforms & Tools
AAFX Trading provides clients with MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are the two most widely used platforms for trading forex and CFDs. Both platforms are available as web terminals that can run on most modern web browsers, desktop applications for Windows and Mac computers, and mobile apps for Android and iOS devices.
MT4 features a customizable interface, multiple indicators and tools, complex charting capability, and automation tools. MT5 is an improvement on MT4, with more advanced charting and automation tools, and it is very useful for trading stocks. In addition to the tools that come with the trading platforms, the broker provides other helpful trading tools, such as Daily Market Review, Daily Market News, and Economic Calendar.
AAFX Trading Research & Education
The broker has an education center on the website with a huge collection of training videos in English and Arabic. The videos cover basic forex education that is targeted at beginner traders, as well as advanced trading topics like Fibonacci analysis, candlestick patterns, chart pattern formations, trading indicators, trading strategies, and cryptocurrency trading.
AAFX Trading Trading Accounts
AAFX Trading offers a variety of account types, all of which are swap free, and there are no commissions — all trading fees are in the spreads. Here are the account types:
- Fixed Account: The minimum deposit is $100 and fixed spreads that start from 2pips for major currency pairs.
- ECN Account: Variable spreads from 0.2 pips and a minimum deposit of $100.
- VIP Account: For high net-worth traders. The minimum deposit is $20,000.
AAFX Trading Account Funding
AAFX Trading accepts different account funding and withdrawal methods, including credit/debit cards, Bitcoin, bank wire transfers, and electronic payment processors, such as Skrill, Neteller, FasaPay, and WebMoney. All deposits are instantly processed, except bank transfers that may take a few working days. The broker processes all withdrawals within 3 days, but the payment channel may take additional time. Transaction fees depend on the channel
AAFX Trading Customer Service
The broker’s customer support desk is available 24/5, and you can reach them via email, phone, and instant web chat. You can also reach them on Facebook, Twitter, YouTube, and LinkedIn.
AAFX Trading Regulation
AAFX Trading is a brand of AA Business Solutions BHD, which is registered in St. Vincent and the Grenadines (SVG) with the reg. no: 22916 IBC. The broker is licensed and regulated by the Financial Services Authority of the St. Vincent and the Grenadines (FSA SVG). They are also registered in Malaysia and Hong Kong.
AAFX Trading Review Summary
AAFX is an online trading broker that offers forex and CFDs in over 250 instruments through the flexible MT4 and MT5 platforms. They offer some helpful trading tools and a huge collection of educational videos.
It is worth mentioning that some of the trading products and services in this AAFX Trading review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the AAFX Trading broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.