AZAForex Review

Regulated by: SVG, FSA

Headquarters: Saint Vincent and the Grenadines

Spread: 0.1 pip for EURUSD on VIP Accounts

Leverage: 1000:1

Minimum Deposit: $1

Open Account

Established in 2016 and regulated by SVG FSA, AZAforex has been a well-known broker. The Broker operates offices in the United Kingdom and Saint Vincent & the Grenadines. AZAforex offers its clients the modern Mobius Trader 7 trading terminal for desktop and mobile.  Clients of the broker can also utilize the service to transfer funds between accounts at market spreads. ECN trading with fixed spreads is available at AZAforex.

Forex, metals, energies, crypto currencies, world stock indices, company shares and binary options are among the instruments available to the broker’s clients. Daily trading suggestions, bonuses, and investment programs are available for clients on the AZAforex website. AZAforex clients also get a personal manager, unrestricted access to training materials, and prompt customer service, which is available 24 hours a day, seven days a week.

AZAForex Account Types

You can trade with leverage ranging from 1 to 500 with AZAForex. If you wish to boost your trading account’s leverage to 1:1000, make a deposit of 500 to 2000 USD and submit a request through the Client Portal.

START Account: This is the most basic account type with a minimum deposit as low as 1 USD.  Spreads on major pairs like EURUSD could be as low as 1.1 pips. On the other hand if you like to open a ECN START account, the spreads could drop to 0.3 pips on major currency pairs such as EURUSD and GBPUSD but with 0.003% commission per order.
PRO Account: The minimum deposit requirement is $2000 for PRO accounts. Average spreads on major currency pairs are 0.5 pips for this account type. PRO accounts qualify for swap free option. Other features of PRO account are same with START account.
VIP Account: You have to deposit at least $10000 in order to open a VIP account. VIP account holders can benefit tighter spreads which could be as low as 0.1 pips for the major pairs. Additionally, contrarily to other account types, ECN VIP accounts are free of commission.

AZAForex Customer Support

Customer service is crucial to any broker’s or company’s success. AZAFX provides customer service through the following channels: Live Chat, Email, Online Form, Call Back and Social Media. AZAForex staff is trained to assist clients with market, trading, and operational questions. Live chat and phone are the quickest ways to contact the customer service representatives.

On its website, the Broker provides substantial market research and educational resources including daily market analysis, trader’s blog, economic calendar and trading terminology.

AZAForex Withdrawal and Deposit Methods

You can deposit and withdraw using to and from AZAForex using crypto currencies, Bank Transfer, Credit / Debits Card, ADVCASH, Payeer, Perfect Money, Capitalist and Kuna. With the exception of wire transfer, which takes between 3 and 5 business days to arrive in your account, the most of those payment choices are instant. We recommend depositing and withdrawing through crypto currencies due to low cost and speed.

AZAFOREX Trading Platform

AZAForex offers its clients the trading platform Mobius Trader 7. The Broker claims that MT7 combines the benefits of all prominent Forex trading methods on the market and outperforms existing alternatives significantly. Mobius Trader 7 is an in-house trading platform that has been developed by AZAForex. The Broker does not currently provides the industry standard MetaTrader and cTrader.

Some leading features of Mobius Trader are no restrictions on stop and limit levels, high-speed execution, partial closing, free transfers of funds between accounts and market volume tool tips.

AZAForex Trading Instruments

You can invest in forex, crypto currencies (BTC, BCH, ETH, DASH, LTC and XMR) corporate shares, precious metals, stock indexes, energy products and binary options once you open a trading account with AZAForex. All majors, minors, exotics, and crosses are included in the list of forex pairs. Please note that AZAForex is one of the few forex brokers that offer binary options to clients.

AZAForex Bonus and Promotions

AZAForex provides several different bonus and promotion opportunities to its clients. To be eligible for the free bonus and promotions, you must first create a real live trading account, go through the verification process, and fund your account.

  • 25% Crypto Bonus: AZAForex grants a bonus up to 25% when you deposit funds using crypto currencies.
  • CD Bonus: At least 2000 deposit is required to be qualified for CD Bonus. $200 bonus for deposits from $2000 to $9999, $100 bonus for deposits from $10000 to $19999 and $2000 for deposits for $20000 and more. This offer is available for one trading account only.
  • 120% Loyalty Bonus: AZAForex can increase your account balance by 120% with a Loyalty bonus for deposits of 500 USD or more.
  • Trading Rebates:  AZAForex offers up to 30 % of the spread or 50 USD for every trade worth 1M USD. This promotion applies to all three account types.
  • Free VPS: Clients who open a VIP account for $10,000 USD or the equivalent in another currency and hold at least $5,000 USD or the equivalent in trading accounts are eligible for a free AZA VPS.

AZAForex Final Word

AZAForex offers online trading in a variety of markets including crypto currencies and binary options in addition to traditional forex, commodities and CFD products. Traders with various trading goals and backgrounds can choose from a variety of account types offered by the Broker. In addition, traders can take use of significant bonus opportunities and extensive market analysis materials to improve their trading performance.


Broker Detail
Adress: First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines.
Phone: +44 772 339 90 01
Web: https://azaforex.com/
E-Mail: [email protected]
Regulator: SVG FSA
Year Founded: 2016
Instruments
Forex:
Precious Metals:
Energy:
Soft Commodities:
Indices:
CFDs:
Stocks:
ETFs:
Bonds:
Options:
Cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, DASH, Litecoin, Monero
Account Options
ECN Account:
Swap-Free Account:
Nano Account:
MAM / PAMM Account:
Demo Account:
Funding Methods: Wire Transfer (SWIFT), Credit/Debit Card, ADVCASH, Payeer, Perfect Money, Capitalist, Kuna, Cryptocurrencies
Withdrawal Methods: Wire Transfer (SWIFT), Credit/Debit Card, ADVCASH, Payeer, Perfect Money, Capitalist, Kuna, Cryptocurrencies
Customer Services
Live Chat:
24 Hours Support:
Languages: English
Trading
Leverage: 1000:1
Spreads: 0.1 pip for EURUSD on VIP Accounts
Minimum Deposit: $1
Fixed Spreads:
Automated Trading:
Hedging:
API Trading:
Negative Balance Protection:
Accepts Clients from the US: