AAAFx Review

AAAFx Review

Introducing AAAFx

AAAFx was founded in 2008 and is an international CFD broker. The headquarters of the brokerage company is in Athens, Greece. The firm is operating under the brand of Finvasia Group Alliance, which is a forex broker company in Greece. 

The company has proper regulation of the Hellenic Capital Market Commission, FSCA regulations and all European Union Member states. 

A great option for forex traders to invest in the market. There are many advanced services and tools that the broker offers. 

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Is AAAFx Safe?

AAAFx is a secure trading platform. It has multiple registration and regulation. The company maintains full transparency to ensure reliability, security and peace for the clients to trade. 

The group regulations that the company has are: 

  • St. Vincent Grenadines 
  • Hellenic Capital Market Commission, Greece
  • Financial Sector Conduct Authority, South Africa (licence no.: 2017/315029/07)

The company also has high security for the funds. It ensures safety with the following protections: 

  • Responsible fiduciary 
  • Dedicated audits and compliance reviews 
  • Negative balance protection 
  • Segregated funds and records
  • Strong IT policies 

Thus, a highly secure trading platform for global traders. 

Products Available

AAAFx traders can have most of the instruments to trade online. Here we have the list of markets traders can invest with the broker: 

  • Forex

Traders can invest in various currency pairs with the broker. There are 70 FX pairs. 

  • Commodities

Various commodities are available for traders to invest. There are contract based tradable goods. 8 commodities to trade. 

  • Stocks

The broker provides 424 stocks to trade. 

  • Indices

Equity or stocks indices are accessible for the traders. The indices are of big companies with good market positions. 11 stock indices are available. 

  • Precious Metals 

Traders can invest in gold, silver, platinum and other precious metals. 

  • Energy

Energies are the products with good market value. Traders can invest in 3 energies. 

  • Cryptocurrencies 

Cryptocurrencies are digital coins, traders can invest in the following: Litecoin, Bitcoin cash, Ethereum and Ripple. Overall there are five cryptocurrencies. 

Leverage

Leverage is the facility that brokers provide to support their clients with funds. Traders can use the fund which is like a loan to open high market positions and earn double. 

However, it involves risk. The leverage available with AAAFx is 1:30 for European clients and 1:500 for other global traders. 

Account Types Available

At AAAFx traders can have three types of accounts to invest in. These accounts are for various traders with different goals. They can use the accounts to invest and achieve their trading goals. 

The three account types are:

  • ECN Account 
  • ECN Plus Account
  • ECN Zulu Account 

Also, there is an Islamic account facility for the Sharia law followers. 

ECN Account

ECN is the basic account of the broker. It has minimum chargers for the traders of $0.99 per $100K. Also, there are low swap charges applicable. In addition, advanced technology makes trading more convenient. 

ECN Plus Account

ECN Plus account requires a minimum deposit of $10. Moreover, It is also a reward that traders can long for. The account is the best combination for traders as it has zero commission and raw spreads with no markup. 

ECN Zulu Account

The ECN Zulu account is for the advanced active traders. The account automatically connects with the Zulu platform. The commission chargeable for the account type is $10 per $100K. 

Accounts: At Glance

FeaturesECN AccountECN Plus Account ECN Zulu Account
Minimum deposit $10$10000$300
Commission $0.99 per$100k$0 per$100k$10 per $100k
Deposit Bonus 100% 100%100%
Average Spread Zero pipsZero pipsZero pips
Islamic AccountYesYesYes

Pros and Cons

AAAFx traders can enjoy several facilities with the broker. They offer clients with the best services, but still have some disadvantages which makes it a real broker. 

Pros:

  • Competitive spreads
  • Allows scalping 
  • Hedging 
  • Low charges 
  • Types of account 
  • Trading platform 

Cons:

  • Limited educational material 

Trading Platforms

Trading platforms are services which supports clients to trade easily. It has various features making investing simple. The most popular trading platforms MetaTarder4 and MetaTrader5 are available with AAAFx. 

Also, the broker has a ZuluTrade trading platform. 

MetaTrader4 (MT4)

MetaTrader4 is a widely accepted trading platform. The user-friendly interface and the best services make it a common choice among traders. Moreover, the platform has more than 30 technical analysis tools, 50 customisable indicators, and 9 timeframes. 

MetaTrader5 (MT5)

MetaTrader5 is the advanced version with the best trading services. Traders can have automated trading with next-generation experiences. There are more than 21 timeframes, thus traders can have in-depth market analysis. 

There are pending order types, and more advanced services for the clients to make efficient trades. 

Zulu Trade

ZuluTrade is a web based trading platform. It has a social and automated trading facility which is unique. Traders can use it easily as it does not require any installation. 

Furthermore traders can use it to trade in more than 190 countries. The accounts have protection of ZuluGuard and Margin Call-o meter.

Act Trader 

ActTrader is a user-friendly terminal. There is simple navigation, and deep liquidity features available for the traders. The trading volume of upto $5 trillion per month is available. 

A good platform for traders to invest and make trades. 

Trading Fees

Trading fees is the charge to use the platform services to invest in the markets. AAAFx has various charges for the services, traders can know about the trading fees with the following information: 

The structure of AAAFx combines two things, spreads and commission. It has competitive spreads that start from zero pips. While the commission is based as per the trading account. 

  • ECN account: $0.99 per $100k
  • ECN Plus account: $0 per $100k
  • ECN Zulu account: $10 per $100k

Other than this, the overnight swaps are charged on the position held by the trader. 

Mobile Application

AAAFx provides its clients with mobile applications to trade easily. The mobile version is available in MetaTarder4. The app has the ability to offer clients with the desktop platform, there are customisation and various analysis tools to trade. 

Users of mobile can benefit from one touch trading. They can trade in assets easily, have visual market information and data, analysis charts and order types. Thus, provides all the necessary tools to make easy trading. 

Payment Methods

AAAFx has multiple payment methods. Traders can use them to make easy transactions online. Also they can fund their accounts and also make withdrawals. The available payment methods with broker are: 

  • Visa card 
  • Mastercard 
  • Skrill 
  • Neteller 
  • VirtualPay
  • FairPay
  • Match2Pay

Customer Support

AAAFx has the professional team to support their clients. It operates 24 hours and five days a week. The representatives assist their clients in the English language. Additionally traders can contact the team using the following: 

  • Email: contactus@aaafx.com 
  • Live chat
  • Contact via telephone

Conclusion

AAAFx is a well known forex broker. Traders can invest with it easily using advanced tools. The trading platforms, various account types and services make trading effortless. 

It is the best available in the market having a range of offerings. Traders can invest in financial instruments like energies, forex pairs, and other instruments. Thus, it covers all the major products and services to have everything under a roof. 

A global service provider with the best tools, platforms and services. 

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