AAAfx
3.3

AAAfx

Regulation: Hellenic Capital Market Commission HCMC Greece, Financial Sector Conduct Authority FSCA South Africa

Pros
  • Ultra Low commissions
  • Islamic Accounts supported
  • Negative Balance Protection
Cons
  • Both deposits and withdrawals are subject to fees.
  • High minimum deposit requirement

Established in 2008, AAAfx broker offers trading services in regulated environment. 

Location: South Africa

Operated by Sikhula Venture Capital (Pty) Ltd.

Regulation: Hellenic Capital Market Commission HCMC Greece, Financial Sector Conduct Authority (FSCA) South Africa

South African Financial Sector Conduct Authority

ECN Broker: yes

Trading instruments: Forex, Indices, Commodities, Stocks, Cryptocurrencies

AAAfx broker Trading Features

Registration process

Sign-up within a minute and setup a LIVE or DEMO trading account and answer a brief questionnaire, and submit Proof of ID and a recent Proof of Residence to complete your verification within 5 minutes.

Islamic accounts: yes

Negative balance protection: yes

Leverage up to 1:500

Micro Lots – in smaller increments of 0.01 lots on FX and most CFD’s

Fast execution – get in and out of a trade in quick time with NO re-quotes

Hedging: allowed

Scalping: allowed

The minimum lot size for Metals and CFDs varies between 0.01 and 1 standard lot. Minimal volume information per symbol can be found under every symbol’s specifications.

Advantages of trading using VPS

Free VPS Hosting Lower latency and uninterrupted trading around the clock for your EAs

Minimum delay

VPS allows your trades to be executed at any time with minimum delay which results in less slippage.

Endless operation

VPS provides endless operation of the trading platform and makes it more suitable if you use trading robots or trading signals.

No local connection

It allows you to trade from any place in the world even if proper internet connection is not available, the power runs out or system crashes.

Safety

VPS offers anonymity, privacy and security which allows you to trade with peace of mind, knowing your essential data is safe.

Account types

GeneralECNZeroVIPIslamicSwap FreeUS Cent
Min. Deposit$50$50$5,000$50$50$50
Spread (min.)0.00.30.00.00.00.0
Leverage (up to)500x500x500x500x500x500x
Base currenciesUSD / EUR / CAD / AUDUSD / EUR / CAD / AUDUSD / EUR / CAD / AUDUSD / EURUSD / EURUS Cent
Min. 0.01 lotyesyesyesyesyesyes

PAMM/MAM Program allows experienced traders, often known as Money Managers, to manage multiple trading accounts simultaneously. This means investors can access the expertise of professional traders without having to trade themselves.

What is PAMM or a MAM account?

PAMM/MAM programs are innovative solutions in the world of managed trading, providing unique advantages for both traders and investors. It represents a unique and powerful way for investors to access professional trading expertise while maintaining control and transparency over their investments. These programs offer a win-win scenario where Money Managers can leverage their skills to attract capital, and investors can potentially benefit from the financial markets without the need for active trading.

  • Dedicated Account Managers for Investors and Managers
  • Flexibility in setting parameters and conditions for the account
  • Ultra-low commissions with raw spreads
  • Security of funds with a trusted broker
  • Transparency for the investors-no hidden clauses
  • Full control to investors related to deposits and withdrawals
  • Total deposit must be a minimum of $5,000.
  • Minimum 4 sub accounts required.
  • Each investor should sign-up the POA and agree with all the conditions.

Payment options

Minimum deposit requirement is $50 and account can be opened in USD / EUR / CAD / AUD.

Payment methods include Wire Transfer, Credit Card, Help2play, Fairpay, Pay Retailers, Virtualpay, Skrill, Neteller, Korapay, AstroPay, Capital Wallet (Crypto)

The minimum withdrawal amount is $10. There is no ceiling limit on withdrawals. All the withdrawals are processed within 24 working hours.

Trading Platforms Overview

Broker provides several trading platforms:

Meta Trader 4

MetaTrader 4 (MT4) is a cornerstone in the world of online trading platforms, known for its powerful features and user-friendly interface due to its versatility, powerful analytical tools, and support for algorithmic trading. Its user-friendly interface caters to traders of all levels, making it a reliable choice for those seeking a comprehensive and accessible trading experience.

Fast & Efficient

Suitable for Social trading

Crypto Denominated Accounts

Supports all Available Trading Instruments

30 Built-in Indicators & 31 Charting Tools for Technical Analysis

9 Time frames to choose from

Meta Trader 5

MetaTrader 5 (MT5) is the successor to MetaTrader 4 (MT4) and represents a significant advancement in the world of online trading platforms. Developed by MetaQuotes Software, MT5 offers traders and investors a more versatile and feature-rich trading experience. Its expanded asset classes, enhanced technical analysis tools make it a unique and versatile choice for traders and investors seeking a comprehensive trading experience.

Act Trader

ActTrader is a cutting-edge trading platform that has been instrumental in shaping the landscape of online trading. Renowned for its versatility and user-friendly interface, ActTrader empowers traders with a wide range of tools and features designed to enhance their trading experience.

Zulutrade

ZTP is a ground-breaking social trading platform that empowers traders by connecting them with a diverse community of signal providers. Its transparency, automation, risk management tools, and support for multiple asset classes make it a unique and valuable tool for both novice and experienced traders seeking to enhance their trading strategies and results.

Social Trading

Community-Driven Insights

At the heart of social trading is the sense of community. Traders and investors from around the world come together on our social trading platform to share insights, strategies, and experiences. This collective wisdom can be invaluable, especially for newcomers to the world of trading.

Transparency

Every trader’s performance, including their gains and losses, is visible to the community. This transparency fosters trust and allows others to make informed decisions when choosing whom to follow or copy.

Risk Management

Our social trading platform provides risk management tools that allows users to control their exposure. This includes setting limits on the amount to invest, defining stop-loss levels, and adjusting the size of copied trades.

Promotions

Deposit a minimum of $100 and receive a matching bonus in your trading account.

With Triple A Fx Bonus, trade double with the same deposit

We always endeavor to work towards the best interest of our clients. While trading in volatile times, if your account goes into negative, we have got your back! We will reset your negative balance to zero, so that you do not bear any extra loss. You can deposit and start trading again. Hence, you cannot lose more than what you deposit.

What is Bonus?

The Bonus provides additional margin to your trading account. It is straight away added as a Credit to your trading account, and it increases your trading account’s total equity.

AAAfx Support and Education

Customer service is available via email, live chat and phone. Broker’s website is available in English, French, German, Spanish, Italian, Russian, Chinese, Hebrew, Arabic and Greek. 

At the time of the review, there were no educational material available for traders on the broker’s site.

How was the rating of AAAfx performed compared to other brokers? 

This 2024 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on AAAfx FX broker performance and features. 

Overall our online AAAfx review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online AAAfx or you find inaccurate details AAAfx broker review please get in touch with us and the changes will be applied.  

Deposit a minimum of $100 and receive a matching bonus

5.0
Regulation and Security
4.0
Platforms and Features
3.0
Deposit and Withdrawal
1.0
Educational Material
3.3 Overall Rating

top forex broker

 

New Brokers

Regulation: Financial Conduct Authority (FCA)

Regulation: CySEC

Regulation: CySEC Cyprus, FSA St Vincent, FSCA Financial Sector Conduct Authority South Africa

Regulation: UK by the Financial Conduct Authority FCA , Australian Securities and Investments Commission ASIC, Cysec Cyprus, Financial Sector Conduct Authority South Africa FSCA

Regulation: Central Bank of Ireland, ASIC, FSCA, Japan, Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority (FRSA) Cyprus Securities and Exchange Commission, Israel Securities Authority

© ForexExplore.com 2007 – 2024 Trading financial instruments carries high level of risk to your capital with the possibility of losing more than your initial investment. This site will not be held liable for any loss or damage in result from using the information within the site including forex Broker reviews 2024, market analysis, trading signals, learning resources and comparison tables. The data within this website is not necessarily real-time nor accurate and do not represent the recommendations of the employees. Currency trading is not suitable for all investors. Before deciding to trade currency or any other financial instrument please consider consider your investment objectives, level of experience, and risk appetite. While we do our best to provide up-to-date information, we strongly encourage you to verify it directly with the broker of your choice.