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AAAFx group includes 2 related companies.
AAAFx GR - located in Greece, regulated by the Hellenic Capital Market Commission (HCMC).
AAAFx SA - located in South Africa, regulated by the Financial Sector Conduct Authority (FSCA).
Be aware, AAAFx GR applies some trading restrictions following Regulatory Compliance to the European Securities and Markets Authority (ESMA).
AAAFx group accepts clients from all over the world, excluding USA, Quebec (Canada), United Kingdom, Belarus, Burundi, Burma-Myanmar, Cuba, Congo, India, Iran, Iraq, Japan, Lebanon, Libya, Mali, Nicaragua, North Korea, South Korea, Somalia, Sudan, South Sudan, Syria, Turkey, Puerto Rico, Venezuela, Yemen, Zimbabwe, Sri Lanka, New Zealand, Afghanistan.
Forex broker offers the following underlying assets for trading.
| 70+ Currency Pairs | Based on major and minor world currencies. |
| 5 Crypto Pairs | Based on Bitcoin, Ethereum, Litecoin, Ripple, USDC. |
| 11 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 5 Metal CFDs | Based on Gold and Silver. |
| 3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
| 400+ Stock CFDs | Based on shares of US, UK and EU companies. |
AAAFx is a forex & CFD broker registered in Greece and South Africa. The broker is fully regulated in both of the countries it is present, which also means that its Greek entity is subject to the EU’s ESMA rules.
For its Greece-regulated branch, AAAFx is obligated to follow the strict ESMA regulations pertaining to trading leverage, negative balance protection, and classification of clients as either professionals or non-professionals. Although this means that trading conditions may not be as flexible as elsewhere, it also adds an extra layer of safety and security which many traders appreciate.
Specifically, the leverage regulations for non-professional traders that applies both in Greece and elsewhere in the EU says that major forex pairs can be traded with a maximum leverage of 1:30, while gold, minor forex pairs, and major stock indices can be traded with a maximum leverage of 1:20. Other assets come with even lower leverage. In general, the rule here is that the more volatile the asset is, the lower the leverage will be.
AAAFx offers trading in a number of different markets, including forex, cryptocurrencies, commodities, single stocks, and stock indices. Among these asset classes, AAAFx offers the widest selection of instruments in the stock market, where it supports trading in stocks from over 400 companies listed in the US, UK, and EU.
Compared to other forex & CFD brokers, AAAFx does not offer the largest selection of trading assets, although certainly enough to satisfy the needs of most traders. It’s also worth noting that the selection of instruments has grown in recent years, for instance through adding more stock CFDs.
In terms of trading platforms, AAAFx global (the entity for non-EU users) supports the well-known MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, a web-based trading platform known as ZuluTrade, and Act Trader.
Among these platforms, MT4 and MT5 probably do not need an introduction here. ZuluTrade, on the other hand, is a less known social trading platform that makes copy-trading easy, even for complete beginners. Similarly, Act Trader is not a very common platform, although it does have its own base of dedicated users. Like MetaTrader, Act Trader is available in both a downloadable desktop version and a web-based version.
One thing to note, however, is that EU-based users trading with the Greece-registered entity do not have access to ZuluTrade.
When it comes to account types, AAAFx’s options depend on which branch is used. For the South Africa-registered branch, there are four types to choose from: – ECN, with spreads from 0 pips and commissions from $2.5 per $100k
– ECN Plus, with spreads from 0 pips and commissions from $1.5 per $100k
– Islamic, with spreads from 1.8 pips and commissions from $2.5 per $100k
– ECN Zero, with spreads from 0 pips and zero commissions (min. Deposit $50,000)
For European traders using the Greece-based entity, the account types are:
– ECN, with spreads from 0 pips and commissions from $0.99 per $100k
– ECN Plus, with spreads from 0 pips and no commissions
– ECN Zulu, with spreads from 0 pips and commissions from $10 per 100k
Trading accounts can be funded through all the regular means such as bank wire transfers, credit & debit cards like Visa, MasterCard, and UnionPay, as well as Skrill and Neteller. Fortunately for all cryptocurrency holders out there, AAAFx now also accepts Bitcoin as a funding method for trading accounts, both for EU and non-EU users.
AAAFx’s customer support is open 24 hours a day on all trading days via phone, email, and live chat. The broker offers local phone support for the UK, Australia, Greece, Japan and Colombia.
Overall, we believe AAAFx is a good forex broker, especially for traders who are interested in social trading and copy trading via their ZuluTrade platform. The broker is also strictly regulated within the European Union, which makes it a much safer choice than the many unregulated and offshore-based forex brokers.
As a newcomer of the trading world, my three months of trading experience with AAAFX has been a learning curve. Recognizing that trading is a challenging endeavor, I turned to AAAFX's ZuluTrade features. It became clear that being a skilled trader isn't the only path to profit – a realization that dawned on me after my initial struggles. Instead of abandoning the market, I opted for a different approach: social trading.
The speed of order execution here is just cosmic! However, some services could be improved. Though it is not so essential.
I did not even know there are this many of forex pairs exist in the world :)) I now have more assets that I know of and can handle lol. Luckily, AAAFx have very reasonable costs to trade all of them and very good conditions in terms of the execution speed and leverage. I am able now to easily chart all of them with ease.
Great broker with great cost-efficiency. I mean by that I don't have to deposit millions to get solid ECN execution and low commissions per trading volume.
Fast vps, much better that i've used before, recommend! Kyc is not so strict btw =)
It's all good with the broker. All the trading conditions are pretty appealing for all types of trading strategies. Especially for the intraday ones, when you trade relentlessly during the busy market hours. But I sometimes lack some webinars or other analytical stuff. I think a broker of this caliber should provide some for its customers.
Satisfactory trading conditions for forex scalpers. The AAAFX's ECN Plus account suited me the best. Really tight spreads and low commissions.
This one is an affordable ECN broker. I would put it this way. As I don't have to pay big bucks to get the straight execution. All it takes is just $100 and you're good to commence.
Recently traded an NFP news release on AAAFX's ECN Plus account, and didn't experience any significant slippage. Impressive. I like it.
I've been trading with AAAFX for some time now and have found that trading US30 has paid me more compared to currency pairs. While I still trade currency pairs on AAAFX, I've found that trading US30 has been more profitable for me.
I think it's the first time I see such an abundance of trading platforms. The Acttrader platform is a great alternative to MTs. Plus Zulutrade for copytrading – tons of possibilities.
Overall, I have a neutral experience with AAAFX. While they offer competitive rollover fees and ECN spreads, I would also like to see more options for different trading instruments and improved customer support in the future.
AAAFX is a reliable company through and through. I have been a customer of theirs for over 6 months and haven't had any issues with withdrawals or deposits yet. It's true that they do not charge commissions on withdraws and deposits, but it's also true that transactions are always subject to the credit card processing fee.
I have been trading with AAAFX Forex Broker for the past few months and I am very impressed with their customer service. I had a few questions about my account and they were able to answer them for me in a timely manner. It was annoying that I had to verify my identity before I could make any kind of deposit at all. This was because I wanted to connect with experienced traders, but it's understandable that they want to make sure they have all KYC in order before taking on new clients.
This broker is highly recommended and regulated. I can safely say that I can trade with my mind at ease with AAA Forex.
I make the most out of my brokers at all times. When USDZAR is selling I trade with a broker that charges swaps because this pair has positive swaps when shorting. AAAFX does not charge swaps which is good for me when going long with USDZAR, but when selling I go elsewhere just for the positve swap.
I have come to realize that this broker does not have any market research at all. I have to use offsite third-party sources to get information about what's happening in the market which can be time-consuming.
AAAfx has reliable customer care, and my account manager is always easy to reach and responds promptly. My former broker was not always replying and had poor communication. Thanks for all.
I have no consistent trading experience. But I participate in the market via the Zulu copy trade features offered by AAAFX.
This broker is highly regulated and won 2022 most transparent broker award. I can safely say that I can trade with my mind at ease with AAA Forex.
AAAFX ECNplus account is the best for me because it literally has no costs attached to it. Spreads are raw and there are no commissions on deposits and withdrawals.
Tight spreads, regulated broker that is located in Greece, recommend. Miss the usdt withdrawals here though.
I employ fund managers to manage trading accounts that we use to hedge against exchange rates because we deal with suppliers in a number of countries. We currently have 9 managers using AAAFx trading accounts. I recommend AAAFx because there is no limit on the number of accounts you can have with this broker.
The spreads are tight. Just what a retail trader needs. With these tight spreads, I get to enter into profit easily when I am scalping. The leverage also helps me to build small accounts faster since I get to use big lot sizes.
Took me less than a day to get my withdrawal amount. No fuss, I like this thing about them.
Good as well for scalping and day trading. Tight spreads, stp model, easy to withdraw, no problems with KYC.
It's possible to add VPS. After that, the execution speed will be best for HFTs. No monkey business.
Customer support is good. Was it not for their live chat agent, I wouldn’t have continued to open a trading account with them as I encountered some deposit issues. I got some help, and I really appreciate it.
Can vouch for AAAFx as a good broker to trade with. Been using them for a year and the services have proven good to this day!
Been trading with this broker for more than 2 years, no complaints.
The trading platform is robot-friendly. It is responsive to the different types of robots that I have tried. The trade execution speed is okay. My robot gets to automate many trades at a time without issues with lagging execution.
I’ve been trading with them for good 2 years and never faced any issue. Trading conditions always remain excellent and they process withdrawals on time. One of the most reliable brokers in my opinion.
With this broker I have some of the tightest spreads for exotic forex currencies. Here I am able to trade ZAR or MXN as low as some 6 pips. There is also small fixed commission of $2.5 per traded lot, but I find that it is not at all high. With this broker I am also able to use solid leverage on exotic currencies, which is good for execution of my strategy. What I also find good here is that I am able to setup my own trading robot on their web-based platform. On a negative side, this broker support mostly wire transfers, where my bank is charging me $50 per transfer. I really hope that they will introduce wallet transfers in the near future.
It was annoying that I had to verify my identity before I could make any kind of deposit at all. This was because I wanted to connect with experienced traders who could immediately begin managing my account. To my surprise, there was not even a moment's delay in the verification process. I did everything within a minute. I appreciate the priority the service places on funds security, too.
