AAAFx Review – is AAAFx Scam or Legit Broker?

AAAFx

1.9

Rating

1.9/5

Pros

  • EU accredited and controlled
  • Demo trading balances
  • Investors Compensation Fund around 30,000
  • Leverage around 500:1
  • Generous welcome incentive

Cons

  • Forex and other stores have been recorded under propagates
  • Not a lot of information about the company that possesses AAAFx
  • Limited variety of fiscal tools in comparison to other brokers

AAAFx is an EU regulated forex broker with enrollment number 2/540/17.2.2010. AAAFx was created in Athens, Greece in 2008, also now employs 70 people in its own offices. This Forex Currency trading brokerage is more working across 176 states, in 11 languages, as well as regulatory consent for numerous nations in Europe. The attention with the trading brokerage is currently Contracts for Difference, cryptocurrencies, along with FX pairs. Among the others, customers may enjoy low commissions, negative balance security, Islamic balances, and also watertight security on most trades. FX traders have the option of a live account and demonstration trading account, together with a generous bonus on your before all else deposit. The reduced spreads and indigenous mobile programs permit comprehensive use of the Forex stores in tablets tablet computers and phablet apparatus.

Overview/ desktop

AAAFx has already been operational for a decade and now frees itself as a cheap provider of Forex trading. The minimal deposit for Forex balances are 200/$300/250. The customer-centric temperament with this Forex trader helps to ensure that every customer receives support whatsoever times. The business ‘s tax ID number is 998281207, and also every one of those standing employees at the company,” (Hellenic Capital Market Commission) is fully supported by A1, A2, B, C, or D certification. Information on individual employee certificates are offered. AAAFx is likewise susceptible to the MiFID directive. This legal condition (2004/39/EC of the European Parliament and Council) lets organizations to use with absolute stability across multiple European nations. In addition, the Investor Compensation Fund provides investment policy to customers in the sum of 30,000 at the eventuality of the corporation ‘s insolvency.

Account Types

Various account types are obtained, for example Classic Accounts and also Profit-Sharing Accounts.

Read another review  ATFX Review - is ATFX Scam or Legit Broker?

Classic consideration: that really is excellent for Forex traders wishing to do copy and manual trading products and services. That is found via the MetaTrader 4 or even another ZTP trading platform. ZuluTrade is appropriate to both professional Forex traders, however, both trading platforms permit its usage of trading signs, EAs, opening/closing trades and much more.

Profit-sharing accounts: there’s not any registration fee linked to the profit-sharing accounts, and also the commissions are 5 cheaper per good traded. Everybody else is advised to make use of the profit-sharing accounts through MetaTrader 4, or even ZuluTrade. When a regular monthly benefit is generated, this trader is going to be charged 20 percent in operation prices.

Islamic accounts may also be available without swaps, however, there are restrictions on such accounts. They can’t be held along with some non-Islamic account.

Demo consideration options: demonstration accounts are obtained; nevertheless they cannot be associated with Signal Providers out of ZuluTrade. In the event you reduce your login credentials together with your demonstration accounts, it is possible to merely produce yet another individual onsite.

Trading Platform/ applications

AAAFx provides 3 kinds of trading platforms for customers, for example: ZuluTrade, MetaTrader 4 (MT4), and also ZTP. All those 3 programs Provides a strong set of resources and tools for Forex traders:

  • ZuluTrade – that really is suited to money pairs trading in CFDs. It’s also most useful for manual trading and automobile trading. This online system operates off your smartphone, tablet computer, and phablet. Traders from 192 states can get this stage and copy other men and women ‘s trades. ZuluTrade is offered in a number of languages, on both Android, iOS, and Windows apparatus.
  • MT4 – MetaTrader 4 is arguably your entire world ‘s greatest trading platform for Forex and CFDs. It permits to get EA’s (Expert Advisors), algorithmic trading, and manual trading. ) It needs that an setup and is appropriate to the Windows apparatus. Customers may utilize MT4 for live demo or trading.
  • ZTP – this innovative trading strategy gives the complete collection of technical signs, ZuluScripts indicators, and also alarms per order. Traders may set their particular algorithmic solutions with trading robots, EAs and more with virtual servers.
Read another review  FXGiants Review - is FXGiants Scam or Legit Broker?

Deposit options

Deposit options add a vast variety of globally accepted banking procedures. These include Visa, MasterCard, China UnionPay, Bitcoin, Swissquote Bank SA, Eurobank, Wirecard Bank, Skrill, Neteller, GiroPay, EPS, Sofort, Teleingreso, iDEAL, Qiwi along with other options. Various currencies are supported for example EUR, also GBP, JPY, AUD, and USD. Processing times vary between instantaneous on bank cards and bank cards into several small business days with bank cables.

Markets

Markets Consist of Forex, metals, Bitcoin, and CFDs. Unlike lots of other important Forex brokerages, there aren’t any shares provided only at that broker. Customers may locate the Key Info Documents specially useful since it offers advice on CFDs, CFD goods, and Forex. The list of stores comprises the next:

  • CFDs – Nikkei 225, USD/JPY along with also others.
  • CFD Commodities – golden, crude petroleum,
  • Forex – you can find 3 9 major, exotic and minor money pairs in AAAFx, for example EUR/USD, GBP/USD, USD/JPY, along with others.
  • Cryptocurrency – Bitcoin trading is obtained

Bonuses

AAAFx now provides customers a 10 percent bonus on all deposits. This profit-sharing offer was made designed for all currencies received medially April 1-9, 2018 at 9 PM UTC during June 2-9, 2018 in 9 PM UTC. It’s all up to the direction to ascertain if to amend, expand, or finish this promotional deal.

Customer Support

Forex traders may get customer care by clicking on the contact button. AAAFx does a nice job of providing professional client service and support to its documented traders. By way of instance, you will obtain connected with support using the live chat work and also talk with a live operator. Other options involve email service ([emailprotected]), and also telephone service (20-34112034).

Support options are available to customers in other nations such as the subsequent:

  • Moscow Russia – 7 – 499-918-7379
  • London UK – 44 – 20-341 – 12034
  • Melbourne Australia – 6-1 – 3-9 – 008-4201
  • Tokyo Japan – 81 – 3 – 45208926
  • Madrid Spain – 3 4 – 9 1 – 761-0907
  • Mexico City, Mexico – 52 – 55 – 41708143
  • Athens, Greece – 30 – 213 – 017-6382
  • Beijing, China – 86 – 10 – 84184556
  • Bogota, Colombia – 5 7 – 1 – 381-9344
Read another review  Halifax NZ Review - is Halifax NZ Scam or Legit Broker?

Customer service agents are available 24/5 in 8 PM on Sunday at 9 PM on Friday. Service is found in a number of languages, including English, Portuguese, Spanish, Italian, German, French among others.

Safety

The protection of trades and trades is ensured with complete regulation and licensing. This valid brokerage sports that the subsequent EU Regulated Broker identification:2/540/17.2.2010. What’s more, the investors reimbursement finance protects traders up to 30,000. All capital are kept in a segregated account from company financing within an added shield. The business ‘s Tax Identification Number is currently 998281207. The complete refund policy for trading related problems is essential, also that ECN broker is devoted to responsible trading methods.

Ease of Use

AAAFx is one of the very most userfriendly Forex brokerages. Every one of those categories – programs, spreads, Bitcoin, touch us and more are recorded for quick and effortless access. With ultra-thin spreads, most customers will not have any issue trading a vast assortment of Forex pairs like EUR/USD, USD/JPY, GBP/USD, EUR/CHF, EUR/GBP, along with USD/CAD. You may fund your accounts using prompt deposits, and also live support is easily accessible to assist. The indigenous programs will be ideally suitable for iOS along with Android, also you’re able to trade onto your own Windows/desktop platform too.

Final Thoughts

AAAFx is definitely a superb provider of Forex trading, also using 3 trading platforms that are unique. If you’re a newcomer or an expert Forex trader, you’ll discover the variety of resources and tools a lot of to your liking. It’s an easy task to prepare a free account, also this EU license brokerage passports it-services around Europe, with lots of safety features on top of that.