AAAFx

The Company. Security of Funds

AAAFx provides online trading for over 50 currencies as well as indices, oils metals, binary options, and metals. If you’re a copy-trader with ZuluTrade and are looking for a broker, AAAFx is a great choice for you because AAAFx is, in actual ZuluTrade’s own brokerage located in Athens, Greece. Since it is a Greek broker, licensed with the Hellenic Capital Market Commission (HCMC), Triple A Experts Investment Services S.A. is in the scope of European Union regulations so investors are protected.

According to EU rules on financial management, the funds of clients are separated from the operating funds of the business. Additionally, the payment of compensation to investors to cover liabilities that arise due to the provision for investment-related services are covered by the regulations of the Investor Compensation Fund. The coverage amount for services provided to the customer is set at thirty-thousand (30,000) euros per person.

The licensed companies by HCMC must also comply with ESMA guidelines for the sale of complicated products that specifically identified as one of them. Since AAAFx is a broker regulated by the EU, AAAFx is entitled to offer services that cross borders within Europe’s Union as part of the MiFID Passporting Regime.

Trading Conditions

Minimum Initial Deposit

To start a live account on AAAFx you need to make a deposit of 300 dollars, the the average in the current market.

Spreads & Commissions

AAAFx’s sole account offers tight flexible spreads that average 0.2 percent on EUR/USD. but a high commission of $10 per standard lot is charged. Thus, the the average price of trading for this pair is 2.2 percent per lot. Most brokers offer spreads in the band of 1.0 1.5 – 1.5 pips.

Leverage

The maximum leverage offered by AAAFx is 1:500 which is an extremely high ratio. However, many brokers provide leverage greater than or equal to 1:500. Be aware that, however, higher leverage levels carry more risk. This is the reason why the two organizations CySEC and FCA took measures to limit the leverage levels offered by brokerages that are licensed.

Trading Platform

In terms of platform, there aren’t any issues with AAAFx: it is possible to trade using Metatrader 4 (MT4) and take benefit of its numerous advantages like Expert Advisors (EAs). The platform is available in mobile and desktop variants that work with Android and iPhone and iPad, which is disappointing especially for Mac as well as Linux users who have Windows Mobile phones as they will not be capable of trading with AAAFx.

AAAFx also provides the internet-based ZuluTrade Platform, equipped with indicators for technical analysis (Trend Oscillators and Trends and volumes Bill Williams etc.) along with chart charts (Candlesticks, OHLC, lines) that you can customize in accordance with your needs for trading. Additionally, ZuluScripts(tm) allows trading robots to be utilized or built using your own algorithm to run the strategies you use to trade.

No matter if you’re an individual trader or prefer trading signals you will be delighted to be aware that with this broker, you are able to use almost any strategy for trading which includes the scalping and hedges.

Promotion

AAAFx is a reputable broker that provides a variety of special offers:

– – up to 30 percent BONUS on any deposit (of at minimum $500);

– $100 Refer-A-Friend Bonus;

Bonus of $25 for new customers.

Methods of Payment

In contrast to most brokerages, AAAFx does not offer the following withdrawal and deposit methods like banking wire transfers, debit and credit card and e-wallets Skrill, Neteller, Sofort, giroPay, iDEAL, QIWI, Przelewy24, EPS, and Teleingreso.

Conclusion

AAAFX is operated by Zulutrade is a trusted registered Greek-registered Forex and binary trading broker operating in the Forex market since. One of the issues we have with AAAFX is the fact that it charges hefty commissions.