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AAAFx Review
Overall, AAAFx is considered low risk, with an overall Trust Score of 89 out of 100. AAAFx is licensed by zero Tier-1 Regulators (high trust), one Tier-2 Regulator (average trust), and one Tier-3 Regulator (low trust). AAAFx offers four different retail trading accounts: ECN Account, ECN Plus Account, ECN Zero Account, and Islamic Account.
- Lesche Duvenage
Jump to:
Overview
Regulation and Safety of Funds
Awards and Recognition
Account Types and Features
Account Registration
Broker Comparison
Trading Platforms
Range of Markets
Fees
Deposit and Withdrawels
Education and Research
Bonuses and Promotions
Affiliate Programs
Customer Support
Social Responsibility
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.5/5
Min Deposit
USD 50 / 1230499 VND
Regulators
HCMC, FSCA
Trading Desk
MetaTrader 4
MetaTrader 5
ZuluTrade
ActTrader
Crypto
Yes
Total Pairs
500+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
The broker is a reputable CFD and Forex broker that has carved out a niche in the competitive trading landscape. One of there distinguishing features is its low minimum deposit requirement of $100, which makes it accessible to traders with varying levels of investment capital.
To meet the diverse needs of traders, the broker provides a variety of account types, including ECN, ECN Plus, ECN Zero, and Islamic accounts. Each account type has its own features and benefits, allowing traders to select the one that best matches their trading goals and risk tolerance.
The broker offers a diverse range of trading platforms, including the popular MetaTrader 4 and MetaTrader 5 platforms and ActTrader and ZuluTrade.
These platforms provide a user-friendly interface, advanced charting tools, and a wide range of technical indicators, making it easier for traders to analyze market trends and efficiently execute trades.
The broker is a compelling broker option for Vietnamese traders. The platform supports multiple languages, including Vietnamese, and provides customer support tailored to the needs of regional traders.
Furthermore, the broker offers various payment methods commonly used in Vietnam, allowing for seamless deposits and withdrawals.
Top 3 AAAFx User Reviews
- Charlotte Tran (May 2023) “Customer service is excellent, as evidenced by thorough familiarity with the products and prompt responses to questions.”
- Michael Nguyen (May 2023) “Trading strategies of all kinds find favourable conditions. For scalpers, the broker offers very tight spreads and low transaction fees.”
- Isabella Hoang (February 2023) “My initial impression was confusing. The broker appears to lack widespread recognition within the forex market despite providing a trading environment of the highest quality. It offers better trading conditions than the vast majority of FX brokers.”
Advantages that AAAFx has over competitors
- The broker is known for the speed and accuracy with which trades are executed, which is critical for traders who rely on timely market entries and exits.
- While they serve a global market, it also provides features beneficial to traders from specific regions, enhancing its appeal to a broader audience.
- The broker provides a platform in multiple languages, making it convenient for a global clientele.
- The broker does not restrict itself to a single type of trader. AAAFx has features to suit your needs, whether you are involved in high-frequency trading, algorithmic trading, or are a beginner.
- The broker offers high leverage, maximizing traders’ trading potential and returns.
- They provide a variety of account types, including ECN, ECN Plus, ECN Zero, and Islamic accounts. This variety allows traders to choose an account that best suits their trading needs and ethical concerns.
- The broker has a $100 minimum deposit requirement, making it highly accessible to traders of all levels, including those new to trading or with limited investment capital.
- AAAFx offers a variety of trading platforms, including MetaTrader 4, MetaTrader 5, ZuluTrade, and ActTrader. These platforms cater to various trading styles, providing features ranging from advanced charting tools to social trading capabilities.
- The broker is known for its competitive spreads and low commissions, making it an affordable option for most trading strategies, including scalping.
- Traders can access various financial instruments, including Forex, commodities, indices, and cryptocurrencies.
- The broker accepts several payment methods, such as credit/debit cards, bank transfers, and e-wallets, making it easier for traders to manage their funds.
- The broker compensates for its lack of extensive educational resources with strong customer support through several channels, including live chat, email, and phone.
- They are regulated by reputable financial authorities, which adds an extra layer of security and credibility to its services.
Who will Benefit from Trading with AAAFx?
- Multi-language support and a variety of payment methods are available to global traders.
- Diverse Asset Traders can choose from a wide range of financial instruments.
- Risk-averse traders can manage risk by adjusting leverage settings.
- Experienced traders can select from various account types, including ECN, ECN Plus, and ECN Zero.
- Scalpers can benefit from low commissions and competitive spreads.
- Social traders can use the ZuluTrade platform to engage in social trading.
- Traders looking for Reliable Support can rely on knowledgeable customer service for assistance.
- Islamic traders can choose a Sharia-compliant Islamic account.
- Beginner traders can begin with a low minimum deposit of $100.
- High-frequency traders will appreciate the speed and accuracy with which trades are executed.
- Algorithmic Traders can use the MetaTrader 4 and MetaTrader 5 platforms for automated trading.
What is AAAFx?
The broker is a forex trading platform with zero commission trading and raw spreads starting at 0.0 pips.
What are the trading conditions at AAAFx?
They offers excellent trading conditions, including quick trade execution and spreads close to zero.
AAAFx At a Glance
| 🏛 Headquartered | Athens, Greece |
| 🌎 Global Offices | Greece, South Africa |
| 🏛 Local Market Regulators in Vietnam | The State Bank of Vietnam (SBV) |
| 💳 Foreign Direct Investment in Vietnam | 22.40 Billion USD (Dec 2022) |
| 💰 Foreign Exchange Reserves in Vietnam | 85,801 million USD (Feb 2023) |
| ✔️ Local office in Hanoi? | No |
| 👨⚖️ Governor of SEC in Vietnam | SBV Governor, Nguyen Thi Hong |
| ✔️ Accepts Vietnamese Traders? | Yes |
| 📊 Year Founded | 2007 |
| 📞 Vietnam Office Contact Number | None |
| 📱 Social Media Platforms | Facebook |
| ⚖️ Regulation | FSCA, HCMC |
| 1️⃣ Tier-1 Licenses | None |
| 2️⃣ Tier-2 Licenses | Financial Sector Conduct Authority (FSCA) |
| 3️⃣ Tier-3 Licenses | Hellenic Capital Market Commission (HCMC) |
| 🪪 License Number | South Africa – 49299 Greece – 998281207 |
| ⚖️SBV Regulation | No |
| ✔️ Regional Restrictions | USA, Puerto Rico, Quebec (Canada), United Kingdom, Sri Lanka, New Zealand, Japan, India, Afghanistan, OFAC-sanctioned countries |
| ☪️ Islamic Account | Yes |
| 💻 Demo Account | Yes |
| 🛍 Retail Investor Accounts | 4 |
| ✔️ PAMM Accounts | Yes |
| 💻 Liquidity Providers | Unknown |
| ✔️ Affiliate Program | Yes |
| 📱 Order Execution | Instant, Market |
| 📊 Starting spread | 0.0 pips EUR/USD |
| 📉 Minimum Commission per Trade | From $1.5 per side, per lot |
| 💰 Decimal Pricing | 5th decimal pricing |
| 📞 Margin Call | 100% |
| 🛑 Stop-Out | 70% |
| 📉 Minimum Trade Size | 0.01 lots |
| 📈 Maximum Trade Size | Unlimited |
| ✅ Crypto trading offered? | Yes |
| ✔️ Offers a VND Account? | No |
| 📉 Dedicated Vietnamese Account Manager? | No |
| 📈 Maximum Leverage | 1:500 |
| 📊 Leverage Restrictions for Vietnam? | No |
| 💳 Minimum Deposit (VDN) | USD 50 / 1230499 VND |
| ✔️ Vietnam Dong Deposits Allowed? | Yes |
| 📊 Active Vietnam Trader Stats | 90 million+ |
| 👥 Active Vietnam-based AAAFx customers | Unknown |
| 🔁 Vietnam Daily Forex Turnover | 9.9 billion USD (2019) |
| 💰 Deposit and Withdrawal Options | Bank Cards EFT via FNB (South Africa) Help2Pay FairPay Pay Retailers Virtual Pay Match2Pay Skrill Neteller AAAFx Crypto Payments |
| 💻 Minimum Withdrawal Time | Instant |
| ⏰ Maximum Estimated Withdrawal Time | 2 – 3 days |
| 💳 Instant Deposits and Instant Withdrawals? | Yes |
| 🏛 Segregated Accounts with Vietnamese Banks? | No |
| 📱 Trading Platforms | MetaTrader 4 MetaTrader 5 ZuluTrade ActTrader |
| 💻 Tradable Assets | Forex Indices Commodities Stocks Cryptocurrenc |
| ✔️ Offers USD/VND currency pair? | No |
| 📊 USD/VND Average Spread | None |
| ✅ Offers Vietnamese Stocks and CFDs | No |
| 💻 Languages supported on the Website | Arabic, Portuguese, Chinese, Spanish, French, Indonesian, Thai, Vietnamese |
| ☎️ Customer Support Languages | Multilingual |
| 👥 Copy Trading Support | Yes |
| ⏰ Customer Service Hours | 24/5 |
| 📞 Vietnam-based customer support? | No |
| 💸 Bonuses and Promotions for Vietnamese? | Yes |
| 📚 Education for Vietnamese beginner traders | No |
| 📱 Proprietary trading software | Yes |
| 🤝 Most Successful Trader in Vietnam | Most Successful unknown, but the top include Dao Thi Kim Ngan, Tran Minh Tuan, Pham Quoc Dat, etc. |
| ✔️ Is the broker a safe broker for Vietnam Traders? | Yes |
| 🎖 Rating for Exness Vietnam | 7/10 |
| 🥇 Trust score for Exness Vietnamese | 89% |
| 👉 Open Account | 👉 Open Account |
Regulation and Safety of Funds
Regulation in Vietnam
The broker is not currently regulated by the State Bank of Vietnam (SBV). However, there global regulations are listed in the table below.
Global Regulations
| Registered Entity | Country of Registration | Regulatory Entity | Tier | License Number/Ref |
| Sikhula Venture Capital (Pty) Ltd. | South Africa | FSCA | 2 | 49299 |
| Triple A Experts Investment Services Single Member SA | Greece | HCMC | 3 | 998281207 |
Client Fund Security and Safety Features
Security while Trading
- The broker has an overall Trust Score of 89 out of 100, indicating that it is a low-risk and trustworthy broker. The Hellenic Capital Market Commission (HCMC) in Greece and the Financial Sector Conduct Authority (FSCA) in South Africa regulate the company.
- These regulatory bodies ensure the broker follows all necessary financial and security standards. The HCMC, in particular, regulates Greek-based brokers, which adds to AAAFx’s credibility and security.
- Another factor contributing to the broker’s reputation as trustworthy is its adherence to multiple regulations in prominent jurisdictions worldwide.
- They provides the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms regarding trading platform security. These platforms are well-known for their strong security features, which provide traders with a secure and dependable trading environment.
How secure is trading with AAAFx?
Trading with the broker is safe because the company has strong systems and policies.
What are the reviews of AAAFx like?
According to reviews, users find the brokers trading conditions suitable for any trading strategy.
Awards and Recognition
Received the following recent awards and recognition:
- Best FX Service Provider in 2022, awarded during the Forex Expo in Dubai.
- Most Transparent Broker in 2022, awarded during the UF Awards in Cyprus.
What are some notable awards and recognitions that AAAFx has received in the forex industry, and how do these accolades reflect the broker’s performance?
The broker has garnered recognition in the forex industry through various awards, which may include accolades for excellent customer service, innovative trading platforms, or overall broker performance.
How do AAAFx’s awards and recognition contribute to its credibility and trustworthiness in the forex market, and what benefits do traders derive from choosing an award-winning broker?
The brokers awards and recognition signify its credibility and industry reputation, reinforcing the trust that traders can place in the broker’s services. Choosing an award-winning broker often assures traders of superior trading conditions, reliable customer support, and access to innovative trading tools.
AAAFx Account Types and Features
| 💻 Live Account | 💰 Minimum Dep. | 📊 Average Spread | ✔️ Commissions | 📈 Average Trading Cost |
| ECN Account | USD 50 / 1230499 VND | 0.0 pips | From $2.5 | 5 USD |
| ECN plus Account | $1000 / 24609 VND | 0.0 pips | From $1.5 | 5 USD |
| ECN zero Account | $10,000 / 246099,VND | 0.0 pips | From $1 | 2 USD |
| Islamic Account | $100 / 2460999, VND | 1.8 pips | From $2.5 | 7 USD |
ECN Account
The broker offers traders the ECN Account, granting them an exceptional trading environment featuring unprocessed ECN spreads, rapid trade execution, and minimal expenses.
By leveraging advanced technology alongside competitive commission and swap charges, traders can enjoy a truly unrestricted and outstanding trading experience while employing various strategies.
ECN Plus Account
Traders who deposit a minimum of $1,000, can enjoy advantageous trading conditions encompassing remarkably low commissions starting from $1.5 per side (per every $100K traded) and raw and narrow spreads.
This account is specially tailored for traders seeking the utmost dedication without engaging in substantial trade volumes.
ECN Zero Account
With a minimum deposit of $10,000, they provides ECN zero account types for larger accounts. These account types are greatly advantageous as traders enjoy numerous benefits, including zero commissions on Forex and raw, narrow spreads without markups.
Additionally, AAAFx ensures exceptional trade execution to enhance the trading experience further.
Demo Account
The broker provides a demo account for traders who want to become acquainted with the platform and practice trading without risking real money.
The demo account simulates a trading environment resembling real-world trading conditions, allowing users to test various strategies and platform features. Users can create a demo account by following these steps:
- Access their web account.
- Navigate to the “Account Management” section.
- Choose the option to create a trial account.
Traders will have access to virtual funds once the demo account is set up, which they can use to place trades and experiment with different trading techniques. This feature is especially useful for newcomers to the forex market who want to gain experience before trading with real money.
The demo account is linked to the ZuluTrade platform, a popular social trading platform that allows users to follow and copy successful traders’ trades. This integration adds another layer of functionality and allows traders to test auto-trading service.
While the demo account does not involve real money, it must be approached with the same seriousness and discipline as real trading.
This will allow users to gain a realistic understanding of the platform and its features, allowing them to make more informed decisions when they begin trading with real money.
Islamic Account
The broker provides a specific account type tailored for traders practicing the Islamic faith. With just $100, one can open an account and begin trading.
Moreover, individuals utilizing this particular account will enjoy zero swap charges and exceptionally low commission fees of as little as $2.5 per side (per every $100K traded). Please note that a standard administrative fee applies to this specialized Islamic account option.
Professional Account
The broker does not offer a separate account for Professional traders.
Spread Betting Account
AAAFx does not provide spread betting to Vietnamese traders.
Base Account Currencies
The base account currencies available to Vietnamese include the following:
- USD
- CAD
- EUR
- AUD
Basic Order Types
- Market Order – A market order can be either a buy or a sell order that executes at the current market price. This is the current price displayed on your platform’s chart. If you place a market order, you will be immediately entered at the best available price.
- Market orders are most effective when a trading opportunity requires prompt action. Click buy/sell at market to enter the trade immediately.
- Stop Order – A stop order can be either a buy or sell stop, depending on whether you wish to purchase above or below the market.
- This is useful for trading breakouts or trend continuation strategies when you want the market to continue moving in the same direction.
- Limit Order – Alternatively, if you believe the price will reverse when it reaches a certain price, you can place a limit order.
- Limit orders can be either buy or sell limits, depending on the market’s direction before your anticipated reversal.
- A sell limit is used to sell above the market, while a buy limit is used to purchase below the market.
Does AAAFx offer a demo account?
Yes, a demo account is available.
What is the execution speed at AAAFx?
The broker has the fastest execution time of less than 10 ms.
How to open a AAAFx Account – A Step-by-Step Guide
To open an account, Vietnamese can follow these steps:
Step 1 – Open up the Website.
navigate to the website and select the “Demo Account” option
Step 2 – Insert your credentials.
This will redirect the trader to a registration page where the trader can register using their credentials, or they can register by providing their First and Last name, email address, and mobile number.
Step 3 – Verify and log into your account.
Traders will receive an email to the address that they provided with confirmation that their demo account registration has been successful. Log in wit OTP
Step 4 – Click on Manage Accounts
This will redirect the trader to a registration page where the trader can register using their credentials for Demo Account
Step 5 – Fill in Preference
Fill in your preference for a Demo account
What information do I need to provide during the account opening process?
During the account opening process, you must provide personal information such as your name, email address, phone number, and country of residence.
How long does it take to open a AAAFx account?
Opening an account, is usually quick and simple, and you can begin trading within a few minutes of completing the registration process.
How to Close an AAAFx Account
To close a live trading account with AAAFx, Vietnamese traders can follow these steps:
- Contact customer support team to begin the account closure process. You can do so by visiting the AAAFx website and clicking the live chat button in the bottom right corner or emailing the broker’s back-office department.
- Make sure to withdraw any remaining funds before closing your account. This is accomplished by logging into your account, going to the “Withdrawal” section, and following the instructions.
- Customer service team will walk you through the remaining steps of the account closure process after you contact them and withdraw your funds. Depending on the broker’s requirements, this may entail submitting additional documentation or filling out specific forms.
- Verify that your AAAFx trading account has been successfully closed after processing your account closure request. You can contact customer service again to confirm the closure, or you can check your account status directly on the platform.
Are there any fees for closing my AAAFx account?
No, there are no fees associated with closing your account. However, depending on the withdrawal method chosen, fees may be associated with transferring or withdrawing your remaining funds.
Can I cancel a deposit request before closing my AAAFx account?
Yes, you can cancel a deposit request by emailing the customer support team at [email protected] or through the website’s live chat support.
AAAFx vs. Exness vs. AXI – A Comparison
| 🥇 AAAFx | 🥈 Exness | 🥉AXI | |
| ⚖️ Regulation | FSCA, HCMC | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA | ASIC, SVG, FCA, FMA, DFSA |
| 📱 Trading Platform | MetaTrader 4 MetaTrader 5 ZuluTrade ActTrader | MetaTrader 4 MetaTrader 5 Exness App Exness Terminal | MetaTrader 4 |
| 💰 Withdrawal Fee | No | No | Yes |
| 📊 Demo Account | Yes | Yes | Yes |
| 📈 Minimum Deposit | USD 50 / 1230499 VND | $10 / 244450 VND | USD 0 / 0 VND |
| 📊 Leverage | 1:500 | Unlimited | 1:500 |
| 📊 Spread | From 0.0 pips EUR/USD | Variable, from 0.0 pips | From 0.0 pips EUR/USD |
| 💰 Commissions | From $1 | From $0.1 per side, per lot | From $3.5 |
| ✴️ Margin Call/Stop-Out | 100%/70% | 60%/0% | From 90%/50% |
| 💻 Order Execution | Market, Instant | Market | Market |
| 💳 No-Deposit Bonus | No | No | No |
| 📊 Cent Accounts | No | Yes | No |
| 📈 Account Types | ECN ECN Plus ECN Zero Islamic | Standard Account Standard Cent Account Raw Spread Account Zero Account Pro Account | Standard Account Pro Account Elite Account |
| ⚖️ SBV Regulation | No | No | No |
| 💳 VND Deposits | Yes | Yes | Yes |
| 📊 Vietnamese Dong Account | No | Yes | No |
| 👥 Customer Service Hours | 24/5 | 24/7 | 24/5 |
| 📊 Retail Investor Accounts | 4 | 5 | 3 |
| ☪️ Islamic Account | Yes | Yes | Yes |
| 📉 Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| 📈 Maximum Trade Size | Unlimited | Unlimited | 1,000 (US500) |
| 💰 Minimum Withdrawal Time | Instant | Instant | Instant |
| 📊 Maximum Estimated Withdrawal Time | 2 – 3 days | Up to 72 hours | Between 1 to 3 Days |
| 💸 Instant Deposits and Instant Withdrawals? | Yes | Yes | Yes |
Overall Rating
- 4.5/5
Min Deposit
USD 50 / 1230499 VND
Regulators
HCMC, FSCA
Trading Desk
MetaTrader 4
MetaTrader 5
ZuluTrade
ActTrader
Crypto
Yes
Total Pairs
500+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
AAAFx Trading Platforms
Offers Vietnamese traders a choice between these trading platforms:
- MetaTrader 4
- MetaTrader 5
- ZuluTrade
- ActTrader
MetaTrader 4
MT4 platform is popular among traders because it provides comprehensive features and tools to enhance the trading experience. The platform offers real-time market prices, access to a large MQL trading community, and over 1,000 free indicators and expert advisors (EAs).
While the MT4 platform was designed primarily for forex trading, it also supports trading in other financial instruments, such as commodities and cryptocurrencies.
MetaTrader 5
The broker also provides the MT5 platform, an upgraded version of the MT4 platform that offers more features and better performance. The MT5 platform, like its predecessor, supports Forex, commodities, and cryptocurrency trading, making it a versatile option for traders.
ZuluTrade
The brokers integration with the ZuluTrade platform gives traders access to a comprehensive social trading experience to follow and copy successful traders’ trades.
The ZuluTrade platform offers a comprehensive statistical analysis of the traders’ performance, allowing users to decide which traders to follow and copy.
Furthermore, this platform is especially useful for traders who prefer a hands-off approach to investing or want to learn from experienced traders.
ActTrader
The brokers ActTrader platform is a user-friendly and customizable trading platform with advanced charting tools, real-time market prices, and various order types.
The platform is appropriate for novice and experienced traders, offering a seamless trading experience across multiple financial markets.
Can I access AAAFx’s trading platforms on different devices?
Yes, the brokers trading platforms are available for desktop, web, and mobile devices, allowing you to access and trade from anywhere.
Can I use automated trading strategies on AAAFx’s trading platforms?
Yes, automated trading strategies using expert advisors (EAs) are supported by the brokers trading platforms, including MT4 and MT5. You can create or download EAs to help you automate your trading and capitalize on market opportunities.
Trading App
Investment Programs
The broker does not offer a separate investment program.
Which Markets Can You Trade?
Vietnamese traders can expect the following range of markets:
- Forex
- Indices
- Commodities
- Stocks
- Cryptocurrency
Financial Instruments and Leverage offered
| 🔨 Instrument | 💰 Number of Assets Offered | 📈 Max Leverage Offered |
| ➡️ Forex | 70 | 1:500 |
| ➡️ Indices | 11 | 1:200 |
| ➡️ Commodities | 8 | 1:100 |
| ➡️ Stocks | 392 | 1:5 |
| ➡️ Cryptocurrency | 4 | 1:5 |
Can I trade CFDs on AAAFx’s platform?
Yes, the broker provides CFD trading on various assets such as stocks, indices, commodities, and cryptocurrencies. CFDs allow you to speculate on the price movements of these assets without actually owning them.
What are the benefits of trading cryptocurrencies with AAAFx?
Trading cryptocurrencies allows you to capitalize on the cryptocurrency market’s volatility and potential profit opportunities. Popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin can be traded with competitive spreads and low slippage.
Broker Comparison for a Range of Markets
| 🥇 AAAFx | 🥈 Exness | 🥉 AXI | |
| ➡️️ Forex | Yes | Yes | Yes |
| ➡️️ Precious Metals | Yes | Yes | Yes |
| ➡️️ ETFs | No | No | No |
| ➡️️ CFDs | Yes | Yes | Yes |
| ➡️️ Indices | Yes | Yes | Yes |
| ➡️️ Stocks | Yes | Yes | Yes |
| ➡️️ Cryptocurrency | Yes | No | Yes |
| ➡️️ Options | No | No | No |
| ➡️️ Energies | Yes | Yes | Yes |
| ➡️️ Bonds | No | No | No |
Trading and Non-Trading Fees
Spreads
The broker provides traders with optimal trading conditions at highly competitive rates, offering ultra-thin spreads starting as low as 0.0 pips. This grants access to institutional-grade liquidity while keeping costs minimal.
The broker association with leading liquidity providers enables these advantageous trading circumstances, ensuring that traders receive the finest choices for their individual trading endeavors.
Traders can expect some of the following spreads:
- EUR/USD – 0.0 pips
- EUR/GBP – 0.6 pips
- NZD/CAD – 2.8 pips
- NASUSD – 0.8 pips
- H50HKD – 5 pips
- XAU/USD – 0.6 pips
- XAG/USD – 1.4 pips
- AAPL – 0.1 pips
- BTC/USD – 63.3 pips
- ETH/USD – 4.6 pips
Commissions
When traders use the ECN Zero Account, the broker provides commission-free trading for Forex. However, different accounts will incur commissions based on the specific financial instrument they trade with.
Overnight Fees, Rollovers, or Swaps
Swap rates are important for traders who keep their positions open overnight. Every trading pair, except those on Islamic accounts, incurs swap charges at 00:00 Server time.
Even though markets are closed during the weekend, banks still calculate interest for held positions. If a position is held overnight on a Friday, triple (3X) swap rates will be applied.
Furthermore, they strive to offer competitive and affordable swap charges to provide traders with greater flexibility in trading decisions.
Deposit and Withdrawal Fees
The broker does not charge any deposit or withdrawal fees.
Inactivity Fees
The broker imposes fees for inactivity on dormant accounts; nonetheless, the broker undisclosed the specific amount of this fee.
Currency Conversion Fees
Traders will be subject to currency conversion fees if they deposit or withdraw in currencies other than their account’s base currency.
Does AAAFx have any hidden fees?
No, the brokers fees are transparent, and there are no hidden fees. You can view their complete fee schedule on their website or contact their customer service.
What are the first deposit fees for AAAFx?
They do not charge any fees for the initial deposit. However, certain payment methods may incur fees not under there control.
AAAFx Deposits and Withdrawals
Offers Vietnamese traders the following deposit and withdrawal methods:
- Credit and Debit Cards
- EFT via FNB (South Africa)
- Help2Pay
- FairPay
- Pay Retailers
- Virtual Pay
- Match2Pay
- Skrill
- Neteller
- Crypto Payments
Broker Comparison: Deposit and Withdrawals
| 🥇 AAAFx | 🥈 Exness | 🥉 AXI | |
| ⏰ Minimum Withdrawal Time | Instant | Instant | Instant |
| 💳 Maximum Estimated Withdrawal Time | 2 – 3 days | Up to 72 hours | Between 1 to 3 Days |
| 💰 Instant Deposits and Instant Withdrawals? | Yes | Yes | Yes |
Deposit Currencies, Deposit and Withdrawal Processing Times
| 💳 Payment Method | 💳 Deposit Processing | 💳 Withdrawal Processing |
| 💰 Credit/Debit Card | Instant | Instant |
| 💰 EFT via FNB (South Africa) | 1 – 2 business days | 1 – 2 business days |
| 💰 Help2Pay | Instant | Instant |
| 💰 FairPay | Instant | Instant |
| 💰 Neteller | Instant | Instant |
| 💰 Skrill | Instant | Instant |
| 💰 AAAFx Crypto Payments | Instant | Instant |
| 💰 Korapay | Instant | – |
| 💰 AstroPay | Instant | – |
Is there a withdrawal limit at AAAFx?
No, there are no limits on the amount or frequency of withdrawals.
Does AAAFx offer free deposits and withdrawals?
Yes, the broker provides free deposits and withdrawals.
How to Deposit Funds step by step
Step 1 . Log into the Client Portal.
The first step is logging in to your AAAFx account
Step 2. Click on “Funds” and then “Deposit”.
Go to the ‘Deposit‘ section and click on ‘Fund your account‘. Once logged in, navigate to the ‘Account Management’ or ‘Banking’ section and select the ‘Deposit Funds’ option.
Step 3. Deposit Method
Select your preferred method. The broker accepts various payment methods, including credit/debit cards, bank transfers, and e-wallets. Choose the most convenient payment method for you. Enter the amount you’d like to deposit.
Depending on the payment method selected, you might have to provide additional information, such as credit card or bank account information.
Double-check all the details to ensure they are correct before confirming the deposit.
Depending on the payment method, you may be required to go through a verification process before the deposit can be finalized.
Is there a minimum deposit amount for AAAFx?
Yes, the broker has a minimum deposit amount of $100 for the ECN and Islamic Accounts.
Are there any fees for deposits with AAAFx?
No, the broker does not charge any deposit service fees. However, certain payment methods may incur fees not under there control.
Fund Withdrawal Process
Please follow these simple steps:
Step 1 . Log into the Client Portal.
Log into your trading account with your email address and password.
Step 2. Set up a Bank account at ‘Bank setup
Once logged in, go to the withdrawal section.
Step 3. Click on “Funds” and then “Withdraw”.
Fill out an online withdrawal form through your account. Your withdrawal will be processed within the next 24 business hours.
All withdrawals will be processed via the method which was used to make a deposit in the trading account.
No transaction fee is charged either on deposits or on withdrawals.
We reimburse the transaction cost incurred by you up to 5% of your deposit amount, into your trading account.
Can I withdraw the bonus funds from my AAAFx account?
No, you cannot withdraw the bonus funds from your account until you meet certain trading conditions, such as completing a certain number of trades.
Is AAAFx a reliable broker for withdrawals?
Yes, the broker is a well-known and regulated broker with a reputation for dependable and efficient withdrawal processes. They have a proven track record of providing their clients with timely and secure transactions.
Education and Research
Education
The broker does not provide any educational material.
They do not provide any educational material. Research and Trading Tool Comparison
| 🥇 AAAFx | 🥈 Exness | 🥉 AXI | |
| ➡️ Economic Calendar | Yes | Yes | Yes |
| ➡️ VPS | No | Yes | Yes |
| ➡️ AutoChartist | No | No | Yes |
| ➡️ Trading View | No | Yes | No |
| ➡️ Trading Central | No | Yes | No |
| ➡️ Market Analysis | Yes | Yes | Yes |
| ➡️ News Feed | Yes | Yes | Yes |
| ➡️ Blog | Yes | Yes | Yes |
AAAFx also offers Vietnamese traders the following additional Research and Trading Tools:
- Trading Calculators
- Economic Calendar
What types of educational materials are available on AAAFx?
They do not currently offer comprehensive educational materials to traders.
Does AAAFx offer research and analysis tools?
While the broker does not offer in-depth research and analysis tools, they provide access to various tools and pointers that can assist traders in staying informed about market trends and developments.
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Bonuses and Promotions
Offers Vietnamese traders the following bonuses and promotions:
- Deposit Bonus
- Free VPS
- Referral Bonus
Deposit Bonus
The deposit bonus is one of the most straightforward bonuses offered. When traders deposit $100 or more into their trading account, they receive a matching trading credit.
This bonus effectively doubles the initial trading capital of new traders, allowing them to test the platform and place trades without risking their funds.
It is a great way for traders to familiarize themselves with the platform’s features and trading instruments while having the potential to profit.
Free VPS
The broker provides a Free Virtual Private Server (VPS) to traders who deposit at least $5,000 and seek more than just financial incentives. A VPS is especially advantageous for traders relying on automated trading strategies or executing trades with minimal latency.
The VPS ensures that trading operations run smoothly even when the trader’s computer is turned off, creating a more dependable and effective trading environment.
Referral Bonus
Additionally, the broker offers a referral bonus program to expand its customer base through word-of-mouth advertising. When opting for the referral bonus, the referring trader and the referred trader can earn $25.
This creates a win-win situation where existing traders are incentivized to bring new traders onto the platform, and new traders benefit from the bonus as a welcome gift.
The referral bonus fosters a sense of community among traders and provides active traders who refer multiple new clients with an additional revenue stream.
Does AAAFx offer a deposit bonus for new clients?
Yes, they provide new clients with a 100% deposit bonus, doubling their initial deposit and potentially increasing their trading capital.
Does AAAFx offer any other promotions or bonus programs?
In addition to the deposit bonus, they offer a “Refer & Earn” program and a “Free VPS” service, which provide additional benefits to traders.
How to open an Affiliate Account with AAAFx
To register an Affiliate Account, Vietnamese traders can follow these steps:
Sep 1. Visit the Website
Visit the website and navigate to the Affiliate section. You can usually find this in the main menu at Promotions.
Step 2. Join Now
Find the option to register as an affiliate and click the associated button to initiate the registration process.
Step 3. Complete the Registration
Complete the registration form with the required information. This includes your personal information, preferred payment method for affiliate commissions, and contact information.
Read and comprehend the terms and conditions of the Affiliate Program in detail. Ensure that you accept these terms before continuing.
Submit your application after completing the registration form and accepting the terms and conditions. The broker typically reviews and approves affiliate application submissions within a few business days.
Affiliate Program Features
- The Affiliate Program is a lucrative opportunity for traders who wish to increase their income by referring new customers to the platform.
- Affiliates can earn an unlimited amount of commissions for each successful referral, offering the potential for substantial long-term income.
- Affiliates can remain in the Refer and Earn program or switch to the Introducing Broker (IB) program after referring 10 clients. This flexibility enables affiliates to tailor their referral strategy to their preferences and objectives.
- The broker offers weekly IB commission pay-outs for IB program participants, ensuring timely access to earnings.
- Affiliates are provided free marketing materials, such as banners and landing pages, to promote the platform and attract new customers.
- The simplicity and adaptability of the IB program offered by AAAFx make it suitable for traders and marketers of all skill levels. This program leverages existing networks and experience to provide affiliates with growth opportunities.
- AAAFx provides diverse trading instruments, such as Forex, commodities, and cryptocurrencies.
- Lastly, AAAFx’s ECN trading offering with competitive spreads and low commissions enhances the appeal for referred clients, making it easier for affiliates to attract more clients and increase their referral earnings.
How are the commissions calculated in the AAAFx Affiliate Program?
In the Affiliate Program, commissions are typically calculated based on the trading activity of the clients you refer. Your commissions will increase the more clients you refer and the more they trade.
Does AAAFx offer any additional incentives for top-performing affiliates?
The broker may provide additional incentives to top-performing affiliates, such as higher commission rates or exclusive promotions. These bonuses can help you increase your earnings even more.
Customer Support
The broker provides robust customer support to assist traders with any problems. The broker’s customer service team is responsive and knowledgeable to accommodate its global clientele, offering assistance in multiple languages.
For prompt assistance, traders can contact the support team via phone, email, or live chat. However, some users have reported problems with the broker’s inactivity fee, which could be an issue for traders who do not trade frequently or maintain a large account balance.
Overall, the customer service is a valuable resource for traders who place a premium on dependable assistance throughout their trading journey.
| Customer Support | AAAFx Customer Support |
| ☎️ Telephone/WhatApp | Central Hotline : Colombia, Bogota: +(30) 213-0117-498 +(57) 1-3819344 |
| 🗺️ Website URL | https://aaafx.com/global/ |
| [email protected] | |
| 📙 FAQ’s | https://aaafx.com/global/faq |
| 🎓 Customer Service | Live Chat (24/5, Monday-Friday) |
| 📍 Follow Us | Facebook |
What are AAAFx’s customer support hours?
The brokers customer support is available 24 hours a day, 5 days a week, on all trading days.
Can I request assistance in cancelling a transaction or order through customer support?
Yes, you can cancel the transaction or order by contacting the live chat support or emailing them at [email protected].
Our Verdict
After thoroughly examining there trading platforms, customer service, and bonus offerings, we discovered that the broker has several strong points that make it a viable option for traders.
Account types such as ECN, ECN Plus, ECN Zero, and Islamic Account provide flexibility for traders with varying needs and styles. Platforms like MetaTrader 4, MetaTrader 5, ZuluTrade, and ActTrader offer a stable trading environment supporting manual and automated trading strategies.
We did, however, identify some areas where AAAFx could improve. A significant disadvantage is the lack of extensive educational materials, particularly for novice traders who may require comprehensive resources to navigate the complexities of financial markets.
Furthermore, while the broker has received mostly positive feedback, the broker’s lack of response to negative comments raises concerns about the quality of customer service.
In terms of bonuses, they provide a well-balanced mix of monetary incentives and value-added services, such as a free virtual private server (VPS) for traders who deposit at least $5,000.
These bonuses are intended to attract and retain traders, but it is critical to carefully read the terms and conditions to understand the implications fully.
Overall, AAAFx appears to be a trustworthy broker with many features that appeal to many traders. However, the lack of educational resources and mixed customer service reviews indicate room for improvement.
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Conclusion
For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.
Based on our findings, this evaluation comprises positives, disadvantages, and an overall score. We want to assist you in locating the ideal broker for your requirements.
Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.
Pros and Cons
| ✔️ Pros | ❌ Cons |
| AAAFx offers robust trading platforms with several features | AAAFx does not offer any comprehensive educational material to beginners |
| Traders can use ZuluTrade to access social trading opportunities | The demo account expires after 30 days |
| There is an economic calendar on the AAAFx website | There is a lack of standalone trading tools and research on the AAAFx website |
Frequently Asked Questions
How do I open a live account with AAAFx?
You can register for a live account on their website.
Does AAAFx allow all trading strategies?
Yes, the broker does not impose any restriction on any trading strategy
Does AAAFx have Nasdaq 100?
Yes, the broker offers Nasdaq 100 as an Index CFD.
Does AAAFx offer customer service?
Yes, you can communicate with them directly via Live Chat, email, telephone, or social media.
How experienced is the team at AAAFx?
The team has more than sixteen years of industry experience.
Is AAAFx Safe or a Scam?
Yes, they are safe and regulated broker, authorized and regulated by the Hellenic Capital Market Commission (HCMC) and the Financial Sector Conduct Authority (FSCA).
Is AAAFx regulated?
Yes, the broker is regulated by the FSCA in South Africa and HCMC in Greece.
What kind of assets can I trade on AAAFx?
You can trade forex currency pairs, cryptocurrencies, shares, global indices, and more.
How long does it take to withdraw from AAAFx?
The withdrawal process is quick and efficient, with funds typically being processed instantly or within two business days.
Does AAAFx have VIX 75?
No, the broker does not offer trading on the VIX 75.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is volatile and may change anytime, even if the information supplied is correct when going live.
Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all Vietnamese investors.
Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.
Corporate Social Responsibility
The broker does not provide any information regarding CSR projects or initiatives.