AAFX Trading Broker Review

Regulated by: FSA

Headquarters: Saint Vincent and the Grenadines

Spread: 0.3 pips (EURUSD)

Leverage: 2000:1

Minimum Deposit: $100

Open Account

There are only a few offshore forex brokers out there that are willing to offer trading accounts for US citizens because of fears of being fined by US authorities. AAFX is one of those very rare forex brokers. It has its headquarters in Saint Vincent and the Grenadines and is being regulated by SVG FSA.

The company was founded in 2013 and delivers forex trading services to clients from over 100 countries including the US. AAFX Trading provides negative balance protection which means that you will never owe to the company more than you deposited. Those of you trading since 2015 (the sudden decision of SNB to remove EURCHF 1.20 cap) will praise the significance of negative balance protection function.

AAFX Trading is regulated by St. Vincent & the Grenadines FSA

AAFX Trading is a relatively recently founded company, however it boasts a strong industry reputation. SVG FSA is not one of my favorite financial regulators. On the other hand, the Broker gets my sympathy due to its pro-customer approach. The extensive and outstanding customer services offered by AAFX Trading includes, but not limited to, superior educational material, comprehensive market analysis, segregated customer accounts and social responsibility contributions. AAFX Trading is a significant financial sponsor of projects involving foreign organisations such as the Red Cross and UNICEF.

Account Types

AAFX Trading offers its clients two different types of forex trading accounts. The first is Fixed Account. As you might guess from the name, the instrument spreads don’t change depending on the time of day or volatility. The spreads are fixed and the major pairs, such as EURUSD, GBPUSD, USDJPY and USDCHF, have 2 pips spread. Traders can choose their account currency between USD, GBP and EUR. Maximum leverage for accounts up to $20000 is 1:2000 and for accounts bigger than $20000 is 1:1000. AAFX Trading does not charge any commission for the trades on Fixed Account other than the spreads. Traders may use Expert Advisors (EA) on this type of account and minimum deposit to start trading is $100.

Spreads as low as 0.3 pips

ECN Account is the second account type offered by AAFX Trading. ECN Account has almost the same features other than spreads with Fixed Account. The spreads on ECN Account is variable and could narrow as small as 0.3 pips on EURUSD. The low spreads come at a cost; commission. In addition to the spreads, you are charged with a certain amount of commission for each executed trade.

Customer Support

AAFX Trading provides customer support in a broad variety of languages including Arabic, Chinese, Czech, Croatian, Dutch, English, French, Greek, Indonesian, Indian, Italian, Japanese, Korean, Malay, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Spanish, Thai, Turkish, Ukrainian, Urdu, and Vietnamese. The website has a Live Chat feature where you can get accurate and easy answers to your questions.

Trading Platforms

AAFX Trading provides its customers the MetaTrader 4 trading platform. In addition to the PC desktop version, MetaTrader 4 is also available on request for MAC, MetaTrader Web, and MetaTrader Mobile. MetaTrader 4 is the most used trading platform in the forex industry. It has very handy charting and tracking features for forex traders such as automated trading systems (EAs), Technical Indicators and different timeframes.

Withdrawal and Deposit Methods

AAFX Trading Clients can deposit and withdraw money using eight different methods. Such options include Wire Transfer, Debit Card, Credit Card, Web Money, Skrill, Neteller, Bitcoin, Fasapay. I would point out that there are not too many forex brokers offering Bitcoin as a method for deposit and withdrawal. Even though, my best choices for financial transactions with forex brokers are international wire transfer and credit card, offering Bitcoin as an alternative is a huge plus.

Trading Instruments

In addition to forex pairs as trading instruments, AAFX Trading gives its clients the opportunity to invest in company stocks, commodities, world equity indices, precious metals, oil and cryptocurrencies. Only cryptocurrency offered by AAFX Trading is Bitcoin, and traders are able to trade it with a 10:1 leverage. The Broker does not charge any extra commission or fee for Bitcoin transactions. On the other hand, AAFX Trading offers a wide range of commodities for trading. Those commodities are Gold, Silver, Corn, Wheat, Coffee, Sugar, Soybean, Cotton, Natural Gas, Rice, Copper, Palladium, Platinum and Cocoa.

Bonus and Promotions

  • 35 percent Welcome Bonus – New traders who deposit at least 500 USD receive a tradable bonus of 35 per cent.
  • Redeposit Bonus of 30 per cent – Existing customers will be able to enjoy an exclusive 30 per cent bonus on top of the amount they deposited.
  • AAFX offers the ability for existing or new customers to receive a free smartphone based on the amount deposited and the lots exchanged.


AAFX Trading is an off-shore forex broker and I’m typically very vigilant about off-shore forex brokers as you know. They do not weigh heavy on my reliability scale. Nevertheless, as a result of its pro-customer approach such as segregated accounts, quick and reliable customer services and generous rewards and promotions, AAFX Trading becomes an outlier, getting an appropriate rating in the reliability department. And of course, AAFX Trading could be an alternative for residents of the US who are searching for a higher leverage. The Broker is one of the few offshore forex brokers accepting US clients.

Broker Detail
Adress: Suite 305, Griffith Corporate Centre, Beachmont, Box 1510 Kingstown, St. Vincent and the Grenadines
Phone: +19142335216


E-Mail: [email protected]
Regulator: FSA
Year Founded: 2013
Precious Metals:
Soft Commodities:
Cryptocurrencies: Bitcoin

Account Options
ECN Account:
Swap-Free Account:
Nano Account:
MAM / PAMM Account:
Demo Account:
Funding Methods: Wire Transfer, Debit Card, Credit Card, Web Money, Skrill, Neteller, Fasapay, Bitcoin
Withdrawal Methods: Wire Transfer, Debit Card, Credit Card, Web Money, Skrill, Neteller, Fasapay, Bitcoin

Customer Services
Live Chat:
24 Hours Support:
Languages: Arabic, Chinese, Czech, Croatian, Danish, Dutch, English, French, German, Greek, Indonesian, Indian, Italian, Irish, Japanese, Korean, Malay, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Spanish, Swedish, Thai, Turkish, Ukrainian, Urdu, Vietnamese

Leverage: 2000:1
Spreads: As low as 0.3 pips for EURUSD on ECN account
Minimum Deposit: $100
Fixed Spreads:
Automated Trading:
API Trading:
Negative Balance Protection:
Accepts Clients from the US:

1) 35% Welcome Bonus - The new traders who deposit a minimum of amount of 500 EUR/USD get the 35% tradable bonus.

2) 30% Redeposit Bonus - Existing clients will be able to enjoy this special 30% bonus on top the amount they deposited.

3) AAFX rewards either existing or new clients the opportunity to get a free smartphone conditional on the amount deposited and lots traded.

Supported Platforms: MetaTrader 4
Mobile: IOS, Android

Risk Warning:

Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.