AAAFx is an international CFD broker offering forex, commodities, indices, and cryptocurrencies. This overview looks at the services offered, including spreads, commissions, demo accounts, and fees.
AAAFx was founded in 2008 and is headquartered in Greece. FSCA-regulated broker HCMC has since opened thousands of real-money trading accounts for clients in 176 countries.
The available platforms are MT4, MT5, and ActTrader. For copy trading, AAAFx supports ZuluTrade. Each of them has manual and automatic trading capabilities.
MT4 is widely used by traders of all experience levels. The platform contains over 30 technical analysis tools, 50 customizable indicators, and nine timeline options. It also has automated and social trading capabilities through the ZuluTrade add-on. It’s a great all-around, easy-to-use platform.
MT4 is available as a free download from the AAAFx website and is compatible with both Windows and Mac computers.
AAAFx also offers the MT5 platform, offering a next-generation trading experience. MT5 offers 21 timeframes, allowing traders to conduct in-depth market analysis. The platform also has two more pending orders than MT4, including a buy-stop limit order and a sell-stop limit order for an even more personalized trading experience.
The MT5 platform is compatible with most devices, including Windows, Mac OS, iPhone, iPad, and Android. It is also available in a wide variety of browsers, including Google Chrome, Mozilla Firefox, and more.
The ZuluTrade web platform is designed for social and automated trading. The platform does not require installation and allows clients to invest in traders from over 190 countries. Accounts are protected by ZuluGuard and Margin Call-o-Meter, limiting losses if traders deviate from their usual strategies. There is also an algorithmic trading option provided by ZuluScripts that allows users to write code to make trades.
The only serious drawback of the platform is the limited analysis and charting tools. As a result, manual traders will be better suited to the MT4 platform.
AAAFx offers CFD trading on forex, commodities, indices, stocks, and cryptocurrencies.
The AAAFx fee structure combines spreads and commissions. Spreads are competitive, starting at 0.0 pips for major currency pairs.
The fees charged by AAAFx vary by account type.
Overnight swaps, or rollover rates, are charged on positions opened after 5:00 pm ET. See the broker’s rollover calendar for details.
Overall, if you choose AAAFx compared to companies like Pepperstone or ICMarkets, the broker’s commissions are quite competitive.
AAAFx offers a mobile version of the MT4 platform. The application has almost all the features of a desktop program, albeit with fewer configuration and analysis tools. Mobile users continue to benefit from one-touch trading, visual market information, analytic charts, and multiple order types.
Perfect for traders on the go, the mobile app can prevent you from missing out on market opportunities and can be installed on both iOS and Android devices.
Several payment options are available for depositing and emptying live trading accounts. Visa and MasterCard can be used in euros, US dollars, Swiss francs, and pounds sterling. Deposits can also be made via bank transfer, Skrill, Neteller, VirtuaPay (East Africa), FairPay (Latin America), and Match2Pay (BTC, USDT, and ETH).
Transactions for deposits made with payment cards and Neteller are processed instantly. Skrill and e-payments may take one business day, while bank transfers may take 2-3 business days. There is no deposit fee, although it varies depending on the transaction method, and a conversion fee may apply if the deposit currency is different from the account currency. The minimum deposit required is $10.
Withdrawals must be made using the same deposit method as the deposit. Withdrawals are free of charge for all types of payment methods.
The broker offers traders a demo account to test the platforms. Funded with virtual money but using real-time market information, demo accounts allow you to risk-free explore trading strategies, chart types, and analysis tools.
The demo account will expire after 30 days of inactivity.
AAAFx offers the following accounts:
The AAAFx support team is available 24 hours a day, 5 days a week. Customer service representatives, who open one hour before markets open on Sundays (21:00 UTC) and close one hour after on Fridays (23:00 UTC), can help in English.
Contact customer support via:
AAAFx uses Secure Sockets Layer (SSL) encryption of website traffic. Additional cybersecurity measures include firewalls, authentication systems, and access control mechanisms. Overall, we are confident that AAAFX is a reliable broker.
AAAFx accepts traders from Australia, Thailand, the United States, South Africa, Singapore, Hong Kong, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar, and most other countries.
Traders cannot use AAAFx from Belarus, Belgium, Burundi, Myanmar, Cuba, DR Congo, India, Iran, Iraq, Japan, Lebanon, Libya, Mali, Nicaragua, Korea, Somalia, Sudan, Syria, Turkey, Puerto Rico, Venezuela, Yemen, Zimbabwe, Sri Lanka, New Zealand, Afghanistan, Canada, and the United Kingdom.
AAAFx offers a variety of tradable manual trading tools as well as excellent social and automated trading services. The fees charged by AAAFx are similar to those of other brokers. However, there are several negative customer reviews online.