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Established in 2014, AAFX Trading is a multi-asset broker based in St Vincent and the Grenadines. While the firm is not directly regulated by any international regulatory body, it is registered in St Vincent and the Grenadines and also in Hong Kong and Malaysia, where it has international branches and states that it acts in full compliance with international legislation and incorporated standards. The firm offers a range of tradable instruments, a handy demo account, and the opportunity to trade using the well-respected MT4 platform. All accounts are commission-free, and there is relatively high leverage available on many instruments.
AAFX Trading provides commission-free trading, with no added fees, which means the broker’s profits come purely from the spreads. Spreads start at very different levels, depending on the account type you choose. Spreads on a Fixed Account start at 2.0 pips, whereas an ECN Account or VIP Account will offer spreads starting at 0.2 pips. Typical spreads for each account can be found on the AAFX Trading website. Fixed and ECN accounts are free of both commissions and swap fees, and there are also no deposit and withdrawal fees levied by the broker, although you may incur transfer fees from your bank or other service you use to fund your account.
This broker offers the well-respected, award-winning MT4 as its main platform, with access to MT4 for Mac, PC, mobile and tablet. As MT4 traders are aware, the platform offers a range of charting tools, alerts, and technical indicators, and is capable of integrating a range of third party apps and add-ons, so can be highly customised to your needs. AAFX Trading also offers a WebTrader option, which allows the flexibility of trading from almost any device, without having to download or install any software. This is a more basic option, but still offers an array of features, along with simple, one-click trading.
At AAFX Trading, customer support is available 24 hours a day, 5 days a week by phone, email, or live chat. The live chat option can be accessed at the left-hand side of most pages on the website, and support staff are very quick to respond, with helpful and friendly advice. It should also be noted that the website is extremely well laid-out and user-friendly, making it very easy for new clients to find all the information they need, and there is also a comprehensive education section. These resources, used carefully, should reduce the need to contact customer support directly unless an issue or problem arises.
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