Pros and Cons
AAAFx was founded in 2008. It is an ECN broker with over 220 trading instruments available on its platforms. It is governed by the Hellenic Capital Market Commission and is also regulated in all European Union member countries. By adhering to strict financial standards, their mission is to provide global investors/traders with access to the world’s largest and most liquid market.
AAAFx offers its services in 176 countries.
MT4 is one of the most widely used trading platforms. It supports over 30+ technical tools, 50 + indicators, 9 timeline options. It is an excellent platform that is user-friendly. The MT4 trading platform is available on AAAFx’s website, and you can download it for free.
In terms of quality and use, MT4 is suitable for both new and experienced traders. It offers a myriad of trading services to traders, including advanced technical analysis, flexible trading system, algorithmic trading, Expert Advisors and mobile applications.
ZTP is a web-based trading platform for forex and CFDs trading. It offers technical charts, indicators, and other tools to meet the trading requirements of traders. Another benefit of this platform is that it allows you to design robots so you can automate your trading strategies. The account is protected against connectivity issues, and it doesn’t require the use of vps platform to run EAs effectively. This trading platform is integrated with the ZuluTrade trading account.
As a leading online forex broker AAAFx offers three types of accounts listed below:
With Classic accounts, you can do both manual and copy trading. Before opening a classic account, you will have to choose the trading platform of your choice (MT4 or ZTP). The Classic Live account is linked to ZuluTrade automatically and is recommended for advanced users. The minimum deposit for opening an account is $300 and the leverage offered is up to 1:500. It charges a commission of $2.5 per side per standard lot traded. Although spreads vary, they generally start from 0.1 pips.
Profit distribution Accounts are dedicated solely to copy-trading via the ZuluTrade Platform. Available for both new and experienced traders, this account can only be opened via ZuluTrade. It’s an easy and simple account to trade with. You can register for this account for free. It charges a commission of $5 per side per standard lot traded.
Traders with religious principles can take advantage of AAAFx International’s Islamic accounts. You can trade a variety of instruments with Islamic accounts. However, traders can’t open an Islamic and a non-Islamic account at the same time.
Some of the features of Islamic accounts-
- No hidden costs and tight spreads
- Swap free. You can hold your positions overnight
- Flexible margins
- Competitive trading conditions
AAAFx Trading Instruments
You can trade several instruments with AAAFx. These include:
- 36 Forex Currency Pairs (Major, Minor & Exotic Crosses)
- 10 Indices
- Major cryptocurrencies
AAAFx Deposit & Withdrawals
When it comes to deposits and withdrawals, AAAFx is flexible and offers plenty of payment options. You can make a deposit in your account via Bank wires, card payments, and online payments.
Ways you can fund your AAAFx trading account.
- Bank transfers – A bank wire transfer can take up to a day to complete.
- Card payments – You can deposit your funds via both MasterCard and Visa.
- Online payments – AAAFx uses Skrill and Neteller as payment portals for instant deposit processing.
AAAFx Minimum Deposit
AAAFx International allows you to begin trading with as little as $300. You can deposit funds via Bank Wire, which is available worldwide. Other options include banks cards and e-wallets. Depending on your funding option, your funds may reflect in your account instantly or take up to 1 business day.
AAAFx Demo Account
Demo accounts are available on AAAFx. You can also open a ZuluTrade Demo Account to experience ZuluTrade’s auto trading platform. For demo trading, traders can choose the MT4 trading platform for both forex and CFDs.
Contact and Customer Support
AAAFx offers 24/5 customer service to its clients. You can talk with customer service in your preferred language since a multilingual option is available. This includes English, Greek, German, Spanish, Russian, Chinese, Arabic and Japanese. You can also reach out to them through email and phone.
You can open an account with AAAFx in minutes. To fulfil the regulatory requirements, you also have to submit a few documents. After they get approved, you can access your trading account.