Score
South Africa
|
5-10 years
| https://aaafx.com/global/
Website
Rating Index
MT4/5
Full License
AAAFx-FX-Demo
Influence
C
Influence index NO.1
United States 4.05
MT4/5 Identification
Full License
United StatesInfluence
C
Influence index NO.1
United States 4.05
LicensesLicensed Entity：SIKHULA VENTURE CAPITAL (PTY) LTD
License No. 49299
South Africa
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Cote d'Ivoire aaafx.com United States Cote d'Ivoire| AAAFxReview Summary | |
| Registered | 2009 |
| Registered Country/Region | South Africa |
| Regulation | FSCA (Exceeded) |
| Market Instruments | Forex, Indices, Commodities, Stocks, Cryptos |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | RAW Spread from 0.0 pips |
| Trading Platform | MT4, MT5, ZuluTrade |
| Minimum Deposit | $100 |
| Copy Trading | ✅ |
| Pormotions | ✅ |
| Customer Support (24/5) | contactus@aaafx.com |
| Live Chat 24/5 | |
| Facebook, Twitter, Instagram, LinkedIn | |
| 3rd Floor, 34 Whiteley Blvd, Melrose Arch, Birnam, 2196 South Africa | |
| Regional Restrictions | Belgium, UK |
AAAFx is a multi-asset broker. It offers a wide range of trading products, covering forex, indices, commodities, stocks, and cryptocurrencies; meanwhile, it supports multiple trading platforms such as MetaTrader 4, MetaTrader 5, and ZuluTrade. It is suitable for both novice beginners and experienced traders.
| Pros | Cons |
| MT4 and MT5 provided | Exceeded license |
| Flexible account types | Commission fees charged |
| Demo account available | |
| Spreads as low as 0 | |
| Live chat support | |
| Various payment options | |
| No deposit and withdrawal service fees | |
| Promotions offered | |
| Copy Trading provided |
AAAFx is regulated by the FSCA (Financial Sector Conduct Authority), but its regulatory status shows 'Exceeded,' which may indicate potential risks and does not necessarily mean it is completely unsafe.
| Regulated Authority | Current Status | Licensed Entity | Regulated Country | License Type | License No. |
| Financial Sector Conduct Authority (FSCA) | Exceeded | SIKHULA VENTURE CAPITAL(PTY)LTD | South Africa | Financial Service Corporate | 49299 |
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Commodities | ✔ |
| Cryptos | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
| Account Type | ECN | ECN Zero | ECN PLUS | Islamic | Us Cent |
| Minimum Deposit | $100 | $100 | $5,000 | $100 | $100 |
| Spreads from | 0.0 pip | 0.3 pips | 0.0 pip | 0.0 pip | 0.0 pip |
| Commission | $2.5 | $0 | $1 | $2.5 | $2.5 |
| Maximum Leverage | 1:500 | 1:500 | 1:500 | 1:500 | 1:500 |
AAAFx offers traders leverage of up to 500 times. High leverage is suitable for experienced traders with a high risk tolerance and mature risk management strategies.
The fee structure of AAAFx varies by account type. The spread can be as low as 0.0 pips for some accounts, such as the Standard Account; the spread for the ECN Zero Account starts at 0.3 pips. Commission starts from $0.
Commission
| Assets | ECN | ECN Zero | ECN PLUS | Islamic | Us Cent |
| Forex (per $100K) | $2.50 | $0 | $1.00 | $2.50 | $2.50 |
| Indices (per $100K) | $2.50 | $0 | $1.00 | $2.50 | $2.50 |
| Commodities (per $100K) | $2.50 | $0 | $1.00 | $2.50 | $2.50 |
| Stocks (per lot) | 0.09% | 0.08% | 0.07% | 0.09% | 0.09% |
| Cryptocurrencies (per lot) | 0.001*Price | 0.0008*Price | 0.0007*Price | 0.001*Price | 0.001*Price |
The platform supports multiple mainstream trading platforms, such as the popular MetaTrader 4/5, as well as ZuluTrade, which focuses on social trading.
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 5 | ✔ | Windows, Android, iOS, Web | Experienced Traders |
| MetaTrader 4 | ✔ | Windows, Android, iOS, Web | Beginners |
| ZuluTrade | ✔ | Android, iOS, Web | / |
AAAFx supports credit cards (VISA), wire transfers, e-wallets (Skrill, AstroPay), and cryptocurrencies (BTC, ETH, etc.). The minimum deposit is $100, and most methods offer instant account funding.
Withdrawal methods are the same as deposit methods, with a minimum withdrawal of $10 and a maximum processing time of 12 hours.
| Payment Options | Region | Currencies | Minimum Deposit/Withdrawal | Service Fee | Processing Time (Deposit/Withdrawal) |
| VISA | World Wide | EUR, USD, CHF, GBP | $100/$10 | $0 | Instant/Up to 12 hrs |
| FNB | South Africa | ZAR | $100/$10 | $0 | 2-3business days/Up to 12 hrs |
| helpay2 | South East Asia | MY, TH, ID, PH, VN | $100/$10 | $0 | Instant/Up to 12 hrs |
| FairPay | Latin America | BR, CL, CR, EC,SV, MX, PA, PE | $100/$10 | $0 | Instant/Up to 12 hrs |
| PayRetailers | Mexico | MXN | $100/$10 | $0 | Instant/Up to 12 hrs |
| FairPay | Latin America | CL, CR, EC, MX, PE | $100/$10 | $0 | Instant/Up to 12 hrs |
| Virtualpay | East Africa | TAS, KES, MTN | $100/$10 | $0 | 1-2business days/Up to 12 hrs |
| Skrill | World Wide | EUR, USD, JPY,CHF, GBP, AUD | $100/$10 | $0 | Instant/Up to 12 hrs |
| NETELLER | World Wide | EUR, USD, JPY,CHF, GBP, AUD | $100/$10 | $0 | Instant/Up to 12 hrs |
| korapay | Nigeria, Kenya | NGN, KES | $100/$10 | $0 | Instant/Up to 12 hrs |
| AstroPay | World Wide | Multiple Currencies | $100/$10 | $0 | Instant/Up to 12 hrs |
| Capital Wallet | World Wide | BTC, ETH, USDT, USDC | $100/$10 | $0 | Instant/Up to 12 hrs |
Through the ZuluTrade platform, AAAFx's copy trading feature helps traders filter and follow traders who match their investment style and risk preferences based on data.
Customers with slightly larger trading volumes (with a minimum deposit of $5,000) are eligible for a free VPS.
The company has stood the test of time and is proud to be one of the most trusted brokers in the forex market, serving retail as well as institutional clients for over 15 years now.
AAAFx offers a variety of account types, including ECN, ECN Zero, Islamic, and US Cent accounts. I prefer the ECN Zero account for its no-commission trading, but the ECN PLUS account with its tighter spreads also offers benefits. I like that AAAFx allows me to choose the account type based on my trading style and risk tolerance.
AAAFx commission structure depends on the account type. For ECN Zero accounts, there’s no commission, but for ECN accounts, it’s $2.5 per side. The spreads start from 0.0 pips for ECN accounts and 1.1 pips for Standard accounts. I personally prefer the ECN account for tighter spreads, but I always factor in the commission when making a decision.
AAAFx spreads are competitive, with Standard accounts starting from 1.1 pips and ECN accounts offering spreads as low as 0.0 pips. I find that the ECN account is great for more active traders like me, though I do need to account for the commission of $2.5 per side. For me, AAAFx trading fees are manageable, but the commission in certain accounts is something I always consider.
AAAFx withdrawal times are generally fast, especially with VISA, MasterCard, and e-wallets. I’ve noticed that withdrawals are usually processed within 12 hours, which is impressive. However, I prefer to check the processing times for each method when I use AAAFx login to ensure smooth transactions.
Please enter...
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now
Gökhan 7430
Turkey
He gave me a 200 dollar bonus and never let me use it. My money was always liquid because of him, and some people don't even give their profits.
Exposure
12584612
United Arab Emirates
IB name: cocoinvest99@gmail.com Sales name: Fateh. Before I introduce clients to AAA, both parties have agreed to pay rebates every Friday. I have been waiting for 1 month so far. But they don't pay. I don't know if this platform is going out of business. I suspect they are doing a scam.
Exposure
FX2150998169
Hong Kong
I knew teacher Li at the end of 2018. And the teacher said he was a professional teacher with forex and he helped people invest. I’m a new hand. So I became so curious and asked him how? The teacher said it was hard to explain it clearly. Simply put, you give us your money and we help u profit on a no-risk basis. And the teacher should be giver 30% of the profit. This teacher kept posting the profitable screenshots and telling me how good his team was. So I believed him. I deposited in early March, 2019. And the teacher helped me trade everyday cuz I knew nothing about the investment. The teacher changed my login password and told me I could see the operate situation. At about 19:00, March 12, 2019, the teacher asked me add more money cuz the XAU/USD market was bullish! The teacher just pressured me and asked me to login to QQ and he would instruct me. I transferred 67,800 that day. There was another teacher arranged by the teacher Li helped me invest since march 13. But the price of my order went down since April 4! And the teacher bought over 10 lots of XAU/USD which were unprofitable on April 8! I lost from over $1,000 to $9,000! I was so worried that I asked the teacher what should I do? And my family didn’t support me! The teacher asked me to trust him and he wouldn’t let me lose!!!
Exposure
Daily Life
Ecuador
Reports of difficulties in withdrawing funds and potential scams add to the caution. Regional restrictions and commission charges are additional considerations in this complex trading landscape. I'm weighing the pros and cons carefully as I navigate my way through the markets with AAAFx.
Neutral
XGOLD
Belarus
The availability of demo accounts is a great feature, providing a risk-free space for honing trading strategies. The flexible leverage options, ranging from 1:1 to 500:1, cater to both conservative and more aggressive traders. The tight spreads are a definite advantage, making transactions cost-effective. Plus, supporting both MT4 and MT5 platforms gives me the flexibility to choose what suits me best. On the downside, the lack of regulation is a concern, and I've heard murmurs about potential difficulties in withdrawing funds and encountering scams. I'm proceeding with caution, keeping an eye on developments.
Neutral
Hachi
Thailand
I am someone who has been in the Forex industry for many years. There are quite a few brokers that I have tried. I think that each broker has both advantages and disadvantages. which makes me It is not specific to use a single broker for investing. Because I like diversification more. I started using AAAFx broker about 6 months ago and I am quite a heavy investor, but I have never had any problems with withdrawals. Especially during this period when brokers have top-up activities as well. The money I added Still get a bonus It gives me money to invest in more risks. I avoid reading bad and unrealistic comments because I firmly believe that brokers with more than 16 years of experience like AAAFx will definitely not ruin their name by not being able to withdraw money.
Positive
big4846
Thailand
After I tried the services of AAAFX broker for a period of time. I have to admit that this broker is definitely one of the trustworthy brokers. Including easy and convenient trading on the widely popular MT4 and MT5 platforms. Also, the lowest commission of 0 here is a great consideration for those just starting out in trading. Trustworthiness: AAAFX broker has a years-long track record and a reliable reputation in the trading industry. This helps build confidence among customers. MT4 and MT5 Platforms: These platforms offer traders the convenience to start and execute trades. Zero Percent Commission: Zero percent commission is attractive to new traders who may want to try trading without the high costs.
Positive
Pietro8832
Italy
The speed of order execution at this broker makes me think I made the right choice when I opened a trading account with this company. I knew that such trading conditions would help me to succeed. And as it turned out I was right.
Positive
繁星空
Malaysia
The most basic account type can be opened with only $10, and whose spread & commission are very low. There is even a 100% deposit bonus. But all this is just their side story. They don't offer free demo accounts, so you can't test their real trading conditions at all.
Neutral
如意10214
Hong Kong
There is $8000 or so left in my account, while it was scammed by the platform.Hope you select the platform wisely.
Exposure
如意10214
Hong Kong
The platform continue the practice of withdrawing refusal. Its foreign customer service support said he couldn’t speak Chinese and asked me to contact Chinese customer support. However, when I replied in English, he is gone...
Exposure
FX3548826967
Hong Kong
My money deposited in formax was transferred into aaafx. Having tried to enquire the customer service personnel about that several times, I wasn’t able to withdraw any money.
Exposure
如意10214
Hong Kong
I have failed to contact the customer service for several months.No matter how long the customer service always didnt reply.Withdrawal was also unavailable.Please keep away from this platform.Anyway,I don't know why they don't respond.
Exposure
如意10214
Hong Kong
It must be a fraud platform since it refuses my application for withdrawal several times and its customer service personnel give me a cold shoulder. I can’t get in touch with them both by Wechat or on the website. That’s really arrogant!
Exposure
如意10214
Hong Kong
I have contacted the customer supports several times, asking for withdrawing, but they make no answer. However, the platform will send you an email everyday on time to inform the profitability.
Exposure
如意10214
Hong Kong
I continued to contact the customer service this week, but they still ignored me. Do you think I will give up in this way? No, it only reinforces the fact that I keep exposing them until I can withdraw. To prevent more people from stepping into their trap, I insist on exposing them once a week.
Exposure
如意10214
Hong Kong
The platform gives no access to withdrawal with grinding reasons these months.The customer service is out of contact totally.Exposure of AAAFx!
Exposure
陈梦
Hong Kong
Formax Forex gives no access to withdrawal, privately transferring the amount in the account to AAAFx , and then says that only 4% of the full amount can be paid each month, and then it becomes a new payment plan to ban withdrawing money to before a new plan carried out. Now it requires 30% of clients’ withdrawal privately.
Exposure
FX3089772123
Hong Kong
The withdrawal of gold can only be 4% of the full amount, and it is necessary to pay the service charge, so that it is not enough to pay the charge with the fund.I hope everyone will stay away from this pitted platform!
Exposure