Last update: 23 July 2020
5 min read
Non-recommended broker
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AAFXTrading review

23 July 2020

This broker was not featured in our 2023 Broker Review Audit. This is because, in the past 12 months, it has failed to pass our initial screening process and is not recommended by our team of experts. As such some of the information found here may be out of date.

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One of the fastest growing CFD and Forex trading providers in the world, offers multiple trading platforms, market leading customer service, excellent products and services in more than 20 languages. Having won the Best Broker Of Asia 2013 award from the Malaysian Investor Show is a regulated and licensed company that specialises in commodities, stocks, currencies and CFDs. Dedicated to protecting their clients’ financial and personal details, this company uses up to the minute security systems and software to ensure optimal protection. is incorporated in St Vincent & the Grenadines and is fully regulated and licensed there, operating in compliance with international standards. The company is also registered and incorporated in Malaysia and has an office in Hong Kong.









Forex, Indices, Oil, Stocks, Commodities, Bonds

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Benefits Offered by offers many benefits to its client including:

  • No fees or commission
  • Rapid execution of trades
  • Minimum trading values from $100
  • Tight Spreads
  • Quick withdrawals
  • Simple payment options
  • Negative balance protection
  • Real time market analysis
  • 24 hour commentary and news
  • 6 times daily market updates
  • In house real time news feed
  • Choice of fixed and variable spreads
  • Choice of over 200 instruments
  • Charting aids and trading signals
  • Trading specialists on hand
  • 25% bonus for first deposits

Account Types Offered by This Broker offers two main types of accounts: ECN accounts and Fixed accounts. Investors can choose the account that suits them best depending on how much Forex trading experience they have. The details for each account are as follows:

Fixed Account

  • Choice of currencies – EUR, GBP or USD
  • Contract sizes – 1 lot equals 100,000
  • Leverages of 1:10 to 1:2000 on amounts between $50 and $20,000 or 1:10 to 1:500 on amounts over $20,000
  • Spreads from 2 pip
  • No commission charged
  • Fixed spreads
  • No limit on number of open orders
  • 1000 lots per order
  • Expert Advisors allowed
  • Hedging permitted
  • Minimum deposit amount – $100
  • Choice of currencies – EUR, GBP or USD
  • Contract sizes – 1 lot equals 100,000
  • Leverages of 1:10 to 1:2000 on amounts between $50 and $20,000 or 1:10 to 1:500 on amounts over $20,000
  • Spreads from 0.5 pip
  • No commission charged
  • Fixed spreads
  • No limit on number of open orders
  • 1000 lots per order
  • Expert Advisors allowed
  • Hedging permitted
  • Minimum deposit amount – $100

There are also Forex VIP accounts which are aimed at professional traders, starting with a minimum deposit of $20,000 for the MT4 platform or $100,000 for the ECN network. Leverages are available up to 1:2000 up to an account size of $250,000 or 1:1000 for an account of $500,000. VIP account holders have personal access to telephone trading lines and can trade on dealing desk platforms. They can also trade full contracts on spot metals, energy products and other special assets. Some of the other advantages of the VIP account include:

  • 30% welcome bonus on deposits up to $100,000
  • Access to all tradable instruments
  • Ability to request other instruments
  • Tighter spreads
  • Swap free accounts
  • Zero commission
  • Unlimited live chat sessions with a technical analyst between 10 am and 1.30 pm
  • 3 private half hour consultations with James Muta, the company’s chief market analyst
  • Complimentary subscription to the broker’s daily market update SMS
  • Higher leverages
  • Better execution
  • Quicker withdrawals and deposits’s Trading Platform offers the popular and user friendly MT4 platform with its high quality, rapid trade execution, no requotes, no rejections and flexible leverage. The platform offers the following features:

  • More than 100 instruments including futures, CFDs and Forex
  • Spreads from 0 pips
  • EA functionality
  • One click trading
  • Inbuilt news functionality
  • Technical analysis tools including 50 charting capabilities and indicators
  • Three chart types
  • Optional micro lot accounts
  • Hedging permitted
  • Swap free accounts available

Traders can also access their accounts through tablets and mobiles simply by using the same login details they would use on their PC. Features of MT4 Mobile and Tablet include:

  • Complete MT4 account functionality
  • Three chart types
  • 30 technical indicators
  • Full trading history
  • Inbuilt news functionality and push notifications Financial Services

partyThis broker takes the security of its clients’ funds seriously and to that end, all funds are kept in segregated accounts, with funds being deposited with international global banks that have a credible reputation. This broker also provides an automatic risk management system to ensure that the balance of its clients’ accounts will never become negative. All funding methods have SSL security and the company is licensed and regulated by the FSA.

Many deposit and withdrawal methods are offered by this operator including:

  • Bank wire transfer
  • Visa
  • Skrill
  • MasterCard
  • FasaPay
  • Payza
  • Webmoney
  • Perfect Money
  • Western Union
  • Neteller
  • Moneygram

Customer Service Support Options

Clients can access the support representatives 24 hours a day, 5 day a week to get their concerns and questions addressed. Several telephone contact numbers are provided for offices in Hong Kong, St Vincent & the Grenadines and Australia, and five email addresses are provided to help traders to connect with the most appropriate team to respond to their enquiry. Urgent issues can also be addressed through Skype. There is also a live chat facility available through the website’s home page for the convenience of the customer.

Overall, there are several positives to choosing as your preferred broker. The good choice of instruments and assets together with the impressive range of banking options and excellent customer support services make this broker an attractive option, and as there are accounts tailored to the needs of both novice and experienced traders with many appealing features, it is easy to see why this broker is becoming more popular, especially thanks to its licensed and regulated status.
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4 comments on “AAFXTrading”

  1. Kristoffer Yoransson says:
    Country & city: Uppsala, Sweden
    Rating: .....
    I made my first withdrawal yesterday after I fulfilled requirements fro welcome bonus 35%! This is exactly what I withdrew - the sum of bonus. Even remained in the black. I was trading to complete bonus requirements for more than half a year. It is not like I’ve been trading actively, more like average. It turns to be, that I’ve got more profit from bonus than from the trading itself. I’m a novice and I’m just polishing my system that is why I cannot boast of giant incomes. I know for sure broker proceed steady money withdrawal, including bonuses. Of course, you need some time to get the welcome bonus withdrawal, but it is better than nothing. Especially if you start trading this is some extra profit. I’m wondering if I deposit this money to my account again and get 25% for the next deposit and then going to work it out. Is it going to work? XD
  2. Emilio Kuenka says:
    Country & city: Barselona, Spain
    Rating: ....
    I started trading with AAFX, because this broker offers a wide choice of CFD on stock markets shares. I wanted to try investing in shares, but I wasn’t ready to open an account with the regular stock market broker, that is why I decided to start with CFD. It is funny, but somehow slowly I moved from CFD to regular forex pairs and from the position trading to scalping. I’m scalping on the account with the fixed spreads. by the way, AAFX is one of the brokers, which allows doing micro trading and doesn’t block accounts for this. Of course, two pips on EUR/USD is not the most favorable spread, yet not the worst either. I could take a closer look for various brokers, except so far I don’t see any sense. Here I already know whom I’m dealing with and I`m happy. Moreover, I have a few share deals which are hanging in the black and it is too early to close them ;)
  3. Alfred Ziegmah says:
    Country & city: Germany
    Rating: .....
    You can talk a lot whether it is a good broker or bad. Until you get your first money on the account – nothing is important. I became confident in aafx after the third withdrawal. For the first time I withdrew 150 bucks, and for the third time – 700 dollars. Everything went easily. Now I can think about larger amounts.
  4. Anubhav says:
    Country & city: Thailand, Bangkok
    Rating: .....
    I can honestly say that AAFX Trading as a broker completely satisfies me. I’m trading on ECN account and I was a little bit afraid at the start that the spreads can be wide (after all broker can increase them as there no fixed values), but they stay around the minimum almost all the time. It is clear that the broker is not trying to cheat on traders putting on top additional charges, but keeps average market spread. It can be increased a little bit if there is volatility on the market, but when it’s quite the spread is minimal. This makes me happy and inspires confidence, for these reasons I will stay with AAFX Trading.