AAFx Broker Reviews and Full Information

Are you sure AAFX Trading is a scam or is it a legitimate broker?

AAFX Trading is not a safe Forex broker because it doesn't hold the license of any necessary Forex authority. Therefore, the broker is suspected of being a fraudulent business because it was not verified for its legal compliance before the company was established. It was never scrutinized regarding its security and can conduct business however it wants.

About AAFX Trading
Registered in St. Vincent and the Grenadines
Type of License Offshore License
Are AAFX Trading safe to trade No
Recommended Licenses FCA in UK & ASIC in Australia
Alternative Broker F Markets is approved to ASIC in Australia

 

AAFX Trading is an investment firm that specializes in commodities, stocks, CFDs, currency trading and commodities through its registered and incorporated offices located in St. Vincent and the Grenadines (SVG). But, SVG has earned the reputation of being a renowned zone for its highly open and accessible area with minimal supervision of financial firms compared to other authorities. This requires more stringent compliance, ensuring the highest level of client security.

In addition, the broker boasts it was registered and incorporated as a company in Malaysia as part of the company business solutions SDN BHD and operation of the office in Hong Kong. But, there isn't another law that the company complies with, and the firm opts for the most efficient and cost-effective method of delivering their financial solutions to foreign clients. As it is unregulated by the government of Hong Kong, the company appears on the SFC warning list, which blocks customers from investing in that AAFX trading business .

Additionally, there are many negative reviews on the company's services and guilty verdicts on scams. AAFX Trading customers faced typical fraud issues. AAFX Trading clients faced specific fraud problems when they withdrew their profits. The company offered a myriad of excuses that the request could not be fulfilled. In addition, some issues involved manipulation of trades, faking the details of the request and more. These issues generally are not the positive impression of the business and create a suspicion regarding them that could result in significant capital losses.

Conclusion

This is why we always advise investing with the brokers that are regulated only if they are situated in reputable jurisdictions. They offer supervised investment services. They are managed and are regularly informed about every action they take or interact with the client and protect investors through numerous methods.

Summary
Properties Values
Name
AAFx
Minimum Diposit
$ $50
Leverage
2000:1
Regulation
,,,
Headquarters
Saint Vincent And Grenadines
Established
2013
Address
Suite 305, Griffith Corporate Centre, Beachmont, Box 1510 Kingstown, Saint Vincent And Grenadines
Platform
MT4,,,,
Payment Method
Visa,Mastercard,Wire,Skrill,Neteller,Webmoney,Bitcoin,Fasa Pay,,,,
Overview
Properties Values
Spreads
0.5-3 Pips
Min Position size
0.01
Broker Type
MM ( Market Maker),ECN (electronic communications networks),,,,
Account Type
Mini account,Scalping,Standard,,,,
Brokers by Country
Asian Forex Brokers,,,,
Techniques
Scalping Forex Brokers,Hedging Forex Brokers,Automated Trading Brokers,Mobile Trading Brokers,,,,
Instruments
Forex Trading Brokers,Gold Trading Brokers,CFD Trading Brokers,Stock Trading Broke,Oil Trading Brokers,Commodity Forex Brokers,Metal Trading Brokers,,,,
Account currency
USD,,USD,,USD,,USD,,USD,,USD,
Tools
Economic Calendar,Charting Software,Pip Calculator,Margin Calculator,Profit Calculator,,,,
Website Languages
en,,,,
Support languages
en,,,,
Bonus
Yes
Reviews Rating
4
Withdrawal Fee
No
Trading Signals
Yes
Free Education
Yes
Daily News
Yes
Demo account
Yes
Swapsr
Yes
Pors
1. Tight spreads (from 0.8 pips on ECN accounts and 0.7 pips on VIP accounts).
2. 150+ trading instruments.
3. 3 types of partnership programs.
4. Support of STP and ECN technologies.
5. 0% withdrawal fee.
Cors
1. Offshore license.
2. No investment programs.
3. Customer support operates 24/6.
Display Analysis
Yes
Serving country
CN,HK,MY,VC,,,,
Not Serving country
,,,
Contests
Yes
Market analysis
Yes
Copy Trading Brokers
Yes
Bitcoin Forex Brokers
Yes
Social trading
Yes
Web trading
Yes
Forex pairs
Yes
CFDs
Yes
Crypto
Yes
Hedging
Yes
PAMM
Zulu trade,Myfxbook Auto trade,Mql5 signals,,,,
Mobile Trading
Yes
Scalping
Yes
Automated Trading
Yes
Partnership Programs
Yes
Free Phone
+19142335216
Customer Support
24/7
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