Score

1.95 /10
Danger

AAAFx

Comoros

5-10 years

Questionable Regulatory License

MT4 Full License

High Potential Risk

C

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Comparison

Quantity 14

Exposure

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Website

Score

Regulatory Index4.14

Business Index7.46

Risk Management Index2.39

Software Index7.37

License Index2.69

The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.
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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

AAAFx Global Ltd

Company Abbreviation

AAAFx

Platform registered country and region

Comoros

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2026-08-26
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • WikiFX has recorded a total of 12 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.

WikiFX Verification

AAAFx · Company summary
AAAFxReview Summary
Registered2009
Registered Country/RegionSouth Africa
RegulationFSCA (Exceeded)
Market InstrumentsForex, Indices, Commodities, Stocks, Cryptos
Demo Account
LeverageUp to 1:500
SpreadRAW Spread from 0.0 pips
Trading PlatformMT4, MT5, ZuluTrade
Minimum Deposit$100
Copy Trading
Pormotions
Customer Support (24/5)contactus@aaafx.com
Live Chat 24/5
Facebook, Twitter, Instagram, LinkedIn
3rd Floor, 34 Whiteley Blvd, Melrose Arch, Birnam, 2196 South Africa
Regional RestrictionsBelgium, UK

AAAFx Information

AAAFx is a multi-asset broker. It offers a wide range of trading products, covering forex, indices, commodities, stocks, and cryptocurrencies; meanwhile, it supports multiple trading platforms such as MetaTrader 4, MetaTrader 5, and ZuluTrade. It is suitable for both novice beginners and experienced traders.

AAAFx Information

Pros and Cons

Pros Cons
MT4 and MT5 providedExceeded license
Flexible account typesCommission fees charged
Demo account available
Spreads as low as 0
Live chat support
Various payment options
No deposit and withdrawal service fees
Promotions offered
Copy Trading provided

Is AAAFx Legit?

AAAFx is regulated by the FSCA (Financial Sector Conduct Authority), but its regulatory status shows 'Exceeded,' which may indicate potential risks and does not necessarily mean it is completely unsafe.

Regulated AuthorityCurrent StatusLicensed EntityRegulated CountryLicense TypeLicense No.
Financial Sector Conduct Authority (FSCA)ExceededSIKHULA VENTURE CAPITAL(PTY)LTDSouth AfricaFinancial Service Corporate49299
license

What Can I Trade on AAAFx?

Tradable Instruments Supported
Forex
Indices
Stocks
Commodities
Cryptos
ETFs
Bonds
Mutual Funds
assets

Account Type

Account Type ECN ECN ZeroECN PLUSIslamicUs Cent
Minimum Deposit$100$100$5,000$100$100
Spreads from0.0 pip0.3 pips0.0 pip0.0 pip0.0 pip
Commission$2.5$0$1$2.5$2.5
Maximum Leverage1:5001:5001:5001:5001:500
Account Type

Leverage

AAAFx offers traders leverage of up to 500 times. High leverage is suitable for experienced traders with a high risk tolerance and mature risk management strategies.

AAAFx Fees

The fee structure of AAAFx varies by account type. The spread can be as low as 0.0 pips for some accounts, such as the Standard Account; the spread for the ECN Zero Account starts at 0.3 pips. Commission starts from $0.

Commission

Assets ECN ECN ZeroECN PLUSIslamicUs Cent
Forex (per $100K)$2.50$0$1.00$2.50$2.50
Indices (per $100K)$2.50$0$1.00$2.50$2.50
Commodities (per $100K)$2.50$0$1.00$2.50$2.50
Stocks (per lot)0.09%0.08%0.07%0.09%0.09%
Cryptocurrencies (per lot)0.001*Price0.0008*Price0.0007*Price0.001*Price0.001*Price

Trading Platform

The platform supports multiple mainstream trading platforms, such as the popular MetaTrader 4/5, as well as ZuluTrade, which focuses on social trading.

Trading PlatformSupported Available Devices Suitable for
MetaTrader 5Windows, Android, iOS, WebExperienced Traders
MetaTrader 4Windows, Android, iOS, WebBeginners
ZuluTradeAndroid, iOS, Web/
Trading Platform

Deposit and Withdrawal

AAAFx supports credit cards (VISA), wire transfers, e-wallets (Skrill, AstroPay), and cryptocurrencies (BTC, ETH, etc.). The minimum deposit is $100, and most methods offer instant account funding.

Withdrawal methods are the same as deposit methods, with a minimum withdrawal of $10 and a maximum processing time of 12 hours.

Payment OptionsRegionCurrenciesMinimum Deposit/Withdrawal Service FeeProcessing Time (Deposit/Withdrawal)
VISAWorld WideEUR, USD, CHF, GBP$100/$10$0Instant/Up to 12 hrs
FNBSouth AfricaZAR$100/$10$02-3business days/Up to 12 hrs
helpay2South East AsiaMY, TH, ID, PH, VN$100/$10$0Instant/Up to 12 hrs
FairPayLatin AmericaBR, CL, CR, EC,SV, MX, PA, PE$100/$10$0Instant/Up to 12 hrs
PayRetailersMexicoMXN$100/$10$0Instant/Up to 12 hrs
FairPayLatin AmericaCL, CR, EC, MX, PE$100/$10$0Instant/Up to 12 hrs
VirtualpayEast AfricaTAS, KES, MTN$100/$10$01-2business days/Up to 12 hrs
SkrillWorld WideEUR, USD, JPY,CHF, GBP, AUD$100/$10$0Instant/Up to 12 hrs
NETELLERWorld WideEUR, USD, JPY,CHF, GBP, AUD$100/$10$0Instant/Up to 12 hrs
korapayNigeria, KenyaNGN, KES$100/$10$0Instant/Up to 12 hrs
AstroPayWorld WideMultiple Currencies$100/$10$0Instant/Up to 12 hrs
Capital WalletWorld WideBTC, ETH, USDT, USDC$100/$10$0Instant/Up to 12 hrs
Deposit and Withdrawal

Copy Trading

Through the ZuluTrade platform, AAAFx's copy trading feature helps traders filter and follow traders who match their investment style and risk preferences based on data.

Bonus

Customers with slightly larger trading volumes (with a minimum deposit of $5,000) are eligible for a free VPS.

Bonus

News

NewsCompleting 15 Successful Years in the Industry

The company has stood the test of time and is proud to be one of the most trusted brokers in the forex market, serving retail as well as institutional clients for over 15 years now.

WikiFX
2022-11-09 10:00
Completing 15 Successful Years in the Industry

User Reviews

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Daily Life
more than one year
Reports of difficulties in withdrawing funds and potential scams add to the caution. Regional restrictions and commission charges are additional considerations in this complex trading landscape. I'm weighing the pros and cons carefully as I navigate my way through the markets with AAAFx.
Reports of difficulties in withdrawing funds and potential scams add to the caution. Regional restrictions and commission charges are additional considerations in this complex trading landscape. I'm weighing the pros and cons carefully as I navigate my way through the markets with AAAFx.
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2023-12-04 17:07
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The availability of demo accounts is a great feature, providing a risk-free space for honing trading strategies. The flexible leverage options, ranging from 1:1 to 500:1, cater to both conservative and more aggressive traders. The tight spreads are a definite advantage, making transactions cost-effective. Plus, supporting both MT4 and MT5 platforms gives me the flexibility to choose what suits me best. On the downside, the lack of regulation is a concern, and I've heard murmurs about potential difficulties in withdrawing funds and encountering scams. I'm proceeding with caution, keeping an eye on developments.
The availability of demo accounts is a great feature, providing a risk-free space for honing trading strategies. The flexible leverage options, ranging from 1:1 to 500:1, cater to both conservative and more aggressive traders. The tight spreads are a definite advantage, making transactions cost-effective. Plus, supporting both MT4 and MT5 platforms gives me the flexibility to choose what suits me best. On the downside, the lack of regulation is a concern, and I've heard murmurs about potential difficulties in withdrawing funds and encountering scams. I'm proceeding with caution, keeping an eye on developments.
Translate to English
2023-12-01 18:31
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