AAAFx Review

AAAFx Review | Real Review By a Forex Trader

ECN Broker With Social And Copy Trading

  • HCMC regulated ✔
  • Bitcoin Deposit
  • $10 Minimum Deposit
  • MT4, MT5, ACT platforms
  • 250+ markets to trade
  • ZuluTrade integration
ECN Trading • Cryptocurrency CFD Trading

AAAFx Review

AAAFx has some standaout characteristics as a CFD provider. It offers 'ECN' type trading, with accounts and spreads geared for traders who use techniques such as automated trading and scalping (with no restrictions on trading strategies), but it also happens to have a special integration with ZuluTrade, the social and copy trading platform and it provides a user friendly platform (ActTrader).

The social and copy trading platform ZuluTrade and the broker AAAFx are closely linked, and the trader can trade with AAAFx as their chosen broker on the ZuluTrade platform. This means in effect that the trader can use a broker with rapid order transmission and low spreads with ZuluTrade, just 'out of the box'.

However the trader can also trade with AAAFx without using copy trading, just using ZuluTrade's social trading features for example or can trade with AAAFx without using ZuluTrade if they wish, trading this broker's range of markets in an ECN trading environment on MT4, MT5 and ActTrader. All of these platforms allow the use of EA robots (i.e. automated trading). ActTrader can be seen as a user friendly plafrom which also allows EAs.

Account types

There are three account types which can be chosen. The ECN zulu Account links to ZuluTrade and can be used for copy trading and trading where the trader makes the trading decisions. A potential advantage of it is that it is automatically connected to ZuluTrade. This account has spreads from 0, plus a commission charge of $10 per lot.

This is a higher commission charge than the ECN Acccount, which also has spreads from zero, but features a very competitive commission charge of $0.99 per lot (but this is not a ZuluTrade account). The third option is the ECN plus Account. This requires a minimum deposit of $10,000 or those in the AAA category in the Loyalty Program. Whaty does this offer ? Spreads from 0, with no commission charge.

What is the minimum deposit ?

The minimum deposit is $10.

Key features of AAAFx

  • AAAFx offers ECN trading.
  • AAAFx provides the MT4 platform as well as MT5 and ActTrader.
  • AAAFx can offer very low spreads, with ot without a commission charge.
  • AAAFx offers Cryptocurrency CFD trading. In Cryptocurrency CFD trading the trader does not own the cryptocurrency, rather speculates on its price movement. As they do not own it, no wallet is needed and the trader can go long or short. Cryptocurrencies can be extremely volatile.
  • AAAFx integrates with social and copy trading platform ZuluTrade.

Online trading platforms

AAAFx offers Metatrader 4 (MT4) and the successor to MT4, namely Metatrader 5 (MT5). As an ECN broker it provides an environment for traders who wish to use MT4's automated trading features (EAs). It also offers ActTrader. This is a web trader designed for the trader who executes their own trades but also offers trading with robots via EAs.

Bitcoin deposits

Traders can deposit directly to their trading account using the Cryptocurrency Bitcoin (BTC), via the trader's Bitcoin wallet.

AAAFx International

This review is of AAAFx, which is regulated within the EEA. However there is additionally AAAFx International, which is based in St Vincent and the Grenadines (residents of the EEA cannot sign up for AAAFx International). These brokers have similar features, but also differences such as maximum leverage (which is 500:1 for AAAFx International vs for AAAFx). AAAFx International.

Automated trading with robots

Traders can trade with Expert Advisors on MT4, MT5 and ActTrader.

How many Forex pairs are offered ?

There are 70+ Forex pairs available at AAAFx.

How many Stocks CFDs are offered ?

There are 100+ Stocks CFDs.

Copy and social trading

ZuluTrade is a dedicated social and copy trading platform. Social trading adds commentary from and about other traders, thus allowing the trader to inform their trading with the views and actions of other traders and to add their own views and actions to a feed. Copy trading is a type of trading automation where the trader picks a trader whose trades are then copied into their account. ZuluTrade ranks traders on the network.

To use ZuluTrade, the trader connets their broker account to ZuluTrade. AAAFx and ZuluTrade are part of the same group, and ZuluTrade is fully integrated with AAAFx, providing social and copy trading. As noted above, to use ZuluTrade, the trader opens an ECN zulu Account. ZuluTrade is free for AAAFx clients, while traders using other brokers add up to an extra 2.5 pips to the spread.

Cryptocurrency CFDs

AAAFx provides Cryptocurrency CFD trading in Bitcoin (BTC/USD), Ethereum (ETH/USD), Litecoin (LTC/USD), Bitcoin Cash (BCH/USD) and Ripple (XRP/USD). AAAFx.

What is the full range of markets available at AAAFx ?

The full range is Forex, Indices, Energy, Metals, Cryptocurrencies and Stocks CFDs, for a total of 250+.

What leverage is available ?

Leverage varies depending on the market. Leverage is from 1:2 for Cryptocurrencies to for Forex, for retail clients.

How may the trader deposit into their account ?

Deposit methods include Bitcoin, credit cards, China UnionPay, Bank Wire (Swissquote and Eurobank), Skrill and Neteller, Giropay, EPS, DirectPay24/Sofortuberweisung, iDeal, Przelewy24 and QIWI. Bitcoin deposits typically take up to 30 minutes, but network congestion can increase this to a matter of hours, however it is one of the quickest methods to deposit at AAAFx, apart from credit cards, China UnionPay and Neteller. There are no deposit or withdrawal fees charged by AAAAFx.

What currencies are accounts available in ?

Accounts are available in US Dollar, Euro, Japanese Yen and Australian Dollar.

What are the minimum and maximum lot sizes ?

the minimum lot size is 0.01 lots and the maximum in 100 lots, per trade.

Is AAAFx regulated ?

AAAFx is regulated by the Hellenic Capital Markets Commission (HCMC) in Greece, with id: 2/540/17.2.2010 and by the FSCA in South Africa.

Why might a trader choose to trade with AAAFx ?

Firstly, because it offers a range of ECN accounts. Next because it has a relatively wide range of markets and offers a solid selection of Cryptocurrency CFDs to trade. Finally because it offers MT4 and a web trader and integrates with ZuluTrade's social and copy trading features. Thus AAAFx supports trading where the trader executes their own trades, social trading where the trader can inform their trading with the views of others, copy trading where the traders may choose a trader to copy their trades, and trading with online trading robots, which execute trades on behalf of the trader.