AAFXTrading – Is it scam or safe?

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AAFXTrading – Is it scam or safe?

AAFXTrading Company LTD is licensed and regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. The FSA license allows it to offer financial services, including forex.

However, there are a lot of negative posts and reviews in forex forums that inform about poor or lack of customer service, stop-loss hunting, fake prices, stealing money from profitable accounts, huge difficulties in withdrawing money. Moreover, there are recommendations not to deal with this company and it is confirmed as a pure scam.

So far, we haven’t received any complaints from clients of AAFXTrading.com.

If you feel frustrated by AAFXTrading.com and have something to share with us, please fill in the form below, describing your case:

53 Complains

  1. They wipe out any profitable account by placing fake trades with huge amounts of lots and produce fake spikes to hit stop loss orders. In December 2016, I opened an acoount with AAFXtrading and deposited nearly EUR29000. We are a team and have developed a trading xpert. Thanks to it we won EUR10,300 for just 8 days. AAFX immediately wiped out our account by placing fake deals with huge trading amounts and incorporated spikes of more than 200 pips. I represented them the evidence that we traded with small amount – up to 0.3lots. They asked me to give them our expert advisor. WTF. AAFX is a pure scam. They do not transmit e single trade and only wait the client to bankrupt. If this doesn’t happen, they place fake huge trades and bankrupt every account they don’t like. They scammed me near EUR40k. Stay away from AAFX. Pure scam!!

    • Look, AAFX Trading uses MT4/MT5. This platforms are one of the best in the industry and brokers can’t affect quotes. That’s why for me, as a person that understands how trading platforms work, sounds really insane. Brokerage simply can’t do this, even if it wants. If your story isn’t fake, than I assume that your account was hacked and fraudsters did that. That’s why it’s so important to anable two-factor authentification.
      I’m not sure if you were using the ECN account here as well. On ECN accounts quotes manipulations are not possible as well.

      • I use the ECN account in AAFX. And I never noticed any quotes manipulations. I think, it`s a myth created by traders. I know spikes can appear as technical glitches. But, in that case, they have been removed. And all consequences, whether losses or profits, were cancelled.

      • It really could be. No one is immune to some kind of hacking and fraud.
        But I don’t believe it’s the company’s fault either – such a great reputation is not built on defrauded customers.

    • I lost up to $55k while trading on Binary Options .I tried getting my money out from the option broker account and was unable to place a withdrawal. I found my self wading through excessively complicated terms which seemed impossible to meet, all because I traded with an unregulated broker. I did not panic, I have good news . I lost over $55k to an unregulated broker who stocked my trading capital and denied me access to my account. I have recovered all my lost funds, through the help of a certified binary recovery expert. If assistance is needed, kindly get in contact with {bsovar7 at gmail dot com} and you will be guided on effective steps to take and get back all your lost funds in days, You can also reach them via whatsapp +17809003704 Cheers

      • AAFX Trading is not a binary options broker. This broker provides an opportunity to trade on the Forex financial market and earn real money.
        When trading with this broker, no one had any problems with withdrawing funds, so your advertising is not needed here!

  2. AAFX is a scam company and I am their victim. Now is March 2017 and I’ve been trading with them for almost 4 months. I decided to withdraw some money but they didn’t send me anything. They gave me some sh*ty excuses and then blocked my accounts. I had almost USD63k and no open positions. I sent them many emails but no one replied. I called their Australian and Hong Kong numbers but no one answered. Stay away from AAFX

    • Very strange, I was withdrawing bigger amounts from them, and only once I faced a slight delay.
      You should definitely contact your manager. It seems to me that this is some kind of technical hitch.

    • I hope that after a while your question has been resolved. Because it cannot be what you say. AAFX Trading is a normal honest broker. I withdraw money every Tuesday or Wednesday to Neteller. There were no problems.

  3. AAFX is complete scammers. They widen spreads to unbelievable values. I saw spreads bigger than 200 pips in majors. I trade with some other brokers and there I have some success but with AAFX this is not possible. They extend their spreads that much so your stop loss is always hit, no matter what size of the market price is placed. Their zulu trade is a huge scam as well. They manipulate everything to make you lose all funds. Beware of AAFX.

    • Well, I would like to see how it happens.
      Especially with the fact that here you can work with fixed spreads…
      The rivalry has to be healthy.
      I don’t like it when people mislead their colleagues.

  4. AAFX Trading is a great broker, totally satisfies me. No problems with trading, a big plus for the first deposit – 35% bonus which is withdrawable when the requirements are completed! And you can make a withdrawal already in 2-3 months if you are trading actively. Plus, the withdrawal process does not take that much time as well, it took a couple of hours for the money to get to my account. It turns out to be additional profit, I think it is really cool.

  5. It doesn’t make sense to talk long. Quite a quality terminal and a large number of assets. Executions are quick, no commission, spreads are narrow, the staff is polite. Then everything depends on you.

  6. My trading experience is only positive – I’m trading with this brokerage for 2 years, I had faced some minor problems, but support team quickly resolved everything, so I don’t see this as disadvantage. In general, I’m satisfied – brokerage offers everything that I, as a trader, can demand – Metatrader 4, quick withdrawals and a full-day support.

  7. AAFXTrading broker turned out to be quite a good one. Yes, the site doesn’t always work well (have lagged two times, I mean a starting page, not a trading platfom), that hangs. But all this is compensated by the quick withdrawal of money without large commissions. A couple of times I got a emails that offered to switch to a VIP account, but I refused because I had just started working with a broker and it’s very expensive. And so in the brokerage work everything was quite open and honest. There were no set-ups or ufair motives, so I’ll continue working with a broker.

  8. If you know more about trading, you know it can be dangerous with any broker, especially if you do not know the market at all, but you want to immediately see instant profits.
    In fact, they have collected quite standard conditions, which will suit a classic trader, but you should try everything, because what suits me may not suit you at all and vice versa.

    • Well, it’s a big profit opportunity if you see a solid deal.
      In doing so, you can always reduce the risks. You have a stop-loss after all.
      It’s a risk only for a rookie who can risk the entire capitol without insurance. And for an experienced trader, it’s a great opportunity.

  9. The broker works quickly and reliably. For more than 4 months of work with it, I haven’t found any significant disadvantages. The platform for trading is of high quality, money comes quickly and without huge commissions – what more can I want?

  10. I’ve tried trading back in early 2000’s, then quit the idea, got a job, taken care of career, etc. Now that I’ve got some savings, I came back to the idea of investing this money. Sure enough not all the savings, but 10-20% of it is definitely worth risking if you expect above 50% yearly returns. Teletrade’s copytrading platform fits the idea perfectly. I don’t trade myself and invest in other trader’s ideas. Some of them have fantastic returns at first sight, but I suggest you to remember that the risks always correclate with potential profits. The best strategy is to look for traders who have no major drawdowns, use stop lossess, and have 50-100% expected yearly returns. Works for me, will probably work fine for you too 😉

  11. Well, I don’t know what the bad things I can say about…
    to this company, because if something was wrong, I’d have changed it a long time ago – it’s not a problem at all now. Yes, there are no original trading formats or any super instruments, but I can manage my money here in the way that is convenient for me.

  12. AAFX is a realist broker. It is a broker that knows its place in the market. It knows its weaknesses and strong points, and actively uses it to remain the best in its business.

  13. I’m trading a month with AAFX, overall I’m satisfied with trading. There’s educational center where I can learn about trading and industry in general and orders execution is quite fast. I haven’t made withdrawal yet, so I have a question about is identification needed to make a withdrawal?

  14. This is my first company, so I have nothing to compare it to.
    I’ve got low results so far. And I’m using a small amount of services. I only use fixed spreads so far. But they really remain the same in any market fluctuation.

  15. I do not fully understand the feedback, in which traders say that the company provides little training, etc. Because it is not the direct responsibility of a brokerage company. It is a bonus, nothing more.
    And in general, it is more focused on beginner traders, so they can try real trading.
    I use floating spreads (from 0.5 pips), continue working on MT4, sometimes using Expert Advisors.

    • I agree with you 100%. A broker has many other strong sides besides training. The AAFX offers its clients the opportunity to trade on the 2 most popular and used trading platforms – Metatrader 4 and Metatrader 5, large leverage 2000:1, and even have bonuses. As for me, it is always necessary to study trading, but the training that brokers provide is almost always designed for beginners who need to learn the basics.

  16. Just good brokerage, without any significant advantages or disadvantages. Everything there is quite typical, so I can’t even highight nothing unusual. The best thing I like is fast withdrawals but I don’t liket that there are no copy-trading.

    • AAFX offers a sufficiently large leverage for trading – 2000:1. And this is actually a very big leverage, I haven’t yet met another brokerage that would offer the same size.
      Some of the broker’s clients consider this size a disadvantage and some of its advantage. The reason for this is that the greater the leverage, the greater the risks.
      But I don’t really quite agree with this, because on the contrary, I believe that AAFX thus gives its clients the opportunity to decide how much they want to risk. In addition, no one is forcing you to choose the largest leverage for your trading, right?

  17. I was looking to trade with this brokerage for long time, but I was in doubts around one year. On the one hand, I was interested in 1:2000 leverage, it looks really interesting, but, on the other hand, I was afraid of changes and of such high-leverage. But after a year, I finally decided to try high-leveraged trading and it turned to be more profitable than I expected.
    All you need is just effective risk management, as you should never go all-in, that’s the basic idea. Ofc, that’s not the way for trading for every person. But if you’re interested, I think you should try it.

  18. Thanks so much Wizard Charles Group Hackers, i really don’t know what to say here and i don’t know if you will ever find out my post here so you could confirm how grateful i’m over the job i contacted you of which i nearly lost all my bitcoin to a bad black hat hacker who just came from nowhere to messed up my life all because i needed his help to help me access my spouse device so i can see the lady he is talking to online but instead he choose to work against me not only ripping me but went ahead to black mail me just to get another more money from my spouse but he failed and that couldn’t have happened if not for Wizard Charles Group Hackers intervention, i owe my life cause i’m still breathing today is all because of his intervention, he tracked down the hacker who worked against me and also help me to recover all my lost funds and still do the same job i needed of which is to gain access to my spouse phone and see who he is talking to and what they are both talking about cause he always denied me access to his phone. Indeed I’m grateful to Wizard Charles Group Hackers. Email: ( [email protected] com  )

    • I wonder how this relates to the AAFX brokerage company? I haven’t heard of any hacking attacks on their customers. Moreover, I haven’t heard of people storing money in bitcoins there. As far as I know, there are several base currencies in the brokerage company. But cryptocurrencies are not one of them. So it’s strange enough that you’re advertising such services in this thread.

  19. I will advice you to contact Mr Adam Wilson via, adamwilson.trading (AT) consultant .com, for better understanding because his strategies really helped me withdraw my money that was stocked in my broker account, and i even made more huge profits. He is genuine and honest. You can contact him if you discover that your broker is scamming you or you are having withdrawal issue’s/ Whats-app +1870 359 8734

  20. Recently, I began to think about the fact that almost all brokerage companies offer approximately similar conditions, so for example, now almost all companies offer access to two or more terminals. This company has also not been left out, and about a year ago there appeared MT5, although before that the company was limited to MT4. From what I like here, I can probably mention the demo, because it can be useful at any time. And it’s cool that you can come back to it at any time. But the analytics here is probably too standard, I think I can find all these data on any independent resource, perhaps they could add a little specificity…

  21. I’ve read a lot of reviews before starting trading with this company and a lot of peope said that brokerage offers good education system.
    Well, I can’t agree – it would help you to learn some basics, that’s true, but nothing more. Don’t think someone can read their ebooks and become a good trader, trading is much more complicated thing and you should learn a lot on your own if you want to achieve success.
    I’ve checked their ebooks and other content, it’s full of banal things, just to enhance your understanding of what trading is, in general. If you want to grow up – you should practice on demo/real account.
    Good that AAFX offers free demo without making deposit, so you’re free to master your skills with it. And minimum deposit is just $100, I think that’s low amount for those who want try trading and practice with real account. So don’t rely on education, that’s just a first step.

  22. My experience with AAFX has been positive. At first, I opened a demo account. And I liked the fact that it can be done in one click directly in the browser. I didn’t even need to download the platform.
    Next, I explored the possibilities of MT4 and MT5. It was exciting because, on the AAFX website, detailed information shows how platforms differ from each other.
    Now my live account is in MT5. Because it contains more assets and such a tool as Market Depth. I really need it in my strategy.
    So this is my AAFX review. I hope it will be useful.

  23. I recently signed up with AAFX. I watched a video about it on YouTube and decided to try trading here.
    I’ve been trading on a demo account for a couple of weeks. I have now deposited $ 250 and am testing the company. I am interested to see how the broker will handle my withdrawal request.
    So far, my impressions are as follows. Here is MT5, which is good. Since I have not traded on MT4 for a long time, I believe this platform is outdated.
    The company has about 1000 assets, mainly — stocks. They are also cool things.
    But the education/training here is effortless. It is more suitable for beginners, but not for professionals. I haven’t learned anything new about Fibonacci in the same way.
    I think the broker could use a broader range of training materials, but that’s okay.

  24. I have known about AAFX Trading for a long time. My project mates told me about it a few years ago. I remember that a trader has been working offline for a long time and has built a decent reputation for himself.
    Also, AAFX Trading has long enough been of the market (since 2012 I guess), and this is very important for a popular broker. Therefore, the broker does not lose in this.
    I only trade MT4, so AAFX is perfect for me. If you prefer to trade on multiple accounts and platforms, I advise you to pay attention to other well-known brokers.
    With regards to the AAFX scam. I assume that those who flood about this in reviews are most likely newbies who “burned” their balances due to inexperience. In my experience of trading here, I have never seen lags or slippages in the market.
    Trade wise! I advise you not to waste time and immediately contact technical support in case you see problems. Good luck!

  25. Collaboration with AAFX Trading started a year ago when I decided to trade with a broker who has METATrader 5. This trading platform would be perfect for me .. But I have never worked with it. I had a broker who didn’t have it. This was probably the only advantage for me in trading with AAFX Trading. So this is an ordinary broker .. but I want to say that this is an ordinary good broker and there are no problems to trade with him. True, there is such a temptation – this is a leverage of 1: 2000. Using it can be very risky, so this is not for beginners! Heard everyone! Not for beginners !!!

  26. AAFX Trading has been providing broker services for a long time .. but it so happened that I found out about it only 2 months ago. I immediately began to trade here. I liked the 1: 2000 leverage. Yes, this may be a lot for you, but I have been trading for a long time and I understand when it is better to use it. It is good that the broker does not limit the possibilities of its traders. I also liked the following about AAFX Trading:
    – Metatrader 4;
    – Metatrader 5.
    I was very happy to know that these 2 trading platforms are available for trading.
    And of course the support service. It was very much praised .. I decided to check .. I wrote a question about the withdrawal of funds and I was immediately answered. 24/7 work. Not a robotic kind of an answer! Unbelievable) Well, the withdrawal of funds is also very fast.))

  27. A reliable and predictable broker with a lot of positive aspects. I started working with them in 2018. At first I used MT4, for the last year I have been working on AAFX MT5 Mobile and Tablet Features.
    I downloaded the MT5 application to my mobile device and now I am in touch with the broker at any time. One of the positive aspects of using the application is the ability to quickly respond to unforeseen situations in the market. I want to note such features of the application as full MT5 account functionality, trading history journal, 30 technical indicators, 3 chart types.

  28. I have been working with AAFX for over 6 years, so I have accumulated enough experience. During this time, there were pleasant and difficult moments, much is not ideal in the system. But still I want to say that most of the negative reviews about AAFX that can be found on sites and forums are false! It’s easy to say AAFX traiding scam. Trading accounts have never been blocked in this system due to the lack of regular activity. I also had a period when I was not able to trade, but over the years my accounts were saved, and I did not have to activate them.
    I have withdrawn money more than once, amounts of 2-3 thousand dollars without any problems and questions. The withdrawal of money could be delayed only due to the fault of the banks or because of the weekend.
    For those who have lost their invested money, I would like to remind you that everyone knows what the risks are in Forex and it was exclusively their decision. Don’t blame AAFX for fraud. The company is obliged to honestly warn about the risk and clearly provide the stated service. I know how unpleasant it is to lose money, but the reason must be looked for first of all in your mistakes. Everyone loses money at least once, so you need to have patience.

    • AAFX offers good conditions. Even beginners can try their hand here, because the minimum deposit starts from $ 100. A good selection of payment systems, fixed spreads and a large selection of different trading instruments. There are also welcome bonuses. Of course, you should use them, having thoroughly studied all the conditions, because it will need to be worked out before you can withdraw money. And there is also a good teaching base here.

  29. I trade on MT4 account with fixed spreads, everything is fine. I liked the size of the leverage, you can play with the entire deposit. The broker does not allow pipsing and cancels trades less than 60 seconds long.
    Orders are executed instantly and without price slippage. The spread is one of the smallest, fixed, floating and not growing much during night trading hours. There were no problems with the withdrawal of funds. Overall, it appears that AAFX Trading offers some of the most favorable trading conditions in the forex market.

  30. Working with AAFX Trading is a very positive experience. High-quality, intuitive and convenient service. The guys from technical support work fast. Large selection of tools, but what else do you need for fruitful work?

    • Analysis, market research and trading views – these are the things needed for profitable trading. AAFX Trading has a bunch of similar tools in the MetaTrader5 platform. I think this is what a forex broker should do to support traders.

  31. They are all scam please always be careful when choosing where to invest and trade, i was scammed over $75,500 after they convinced me to invest with them hoping to get my profit back. After depositing my first $75,000 waiting to receive my profit after 7 days I waited for over 3 weeks no profit was sent to me , I contacted their customer support team they requested I deposit another $500 before they can processed my withdrawal request. I deposited the $500 making it total $75,500 and I waited to receive my payment still no profit was sent, i contacted their customer support again this time none of my messages or calls were answered. At this point I became frustrated because I lost all the money in my savings ,in search for help on how I can get access to my fund I was directed to contact some agencies who will help me recover my money back, I never believe because I don’t want to loose more again but I was forced to contact Mr. Alexander Elliot of binary option/bitcoin/forex recovery expert. I contacted him with his team on email and i was directed after getting my mails, he and his team asked me to forward some details to prove am not an impostors, I verified my identity and he asked me to provide all the details concerning my trade, i did exactly all he asked me to do, to God be the glory within 4-5 days I was able to accessed my fund again, the total money lost was recovered successfully. I will advise all scammed victims like me to kindly contact Mr. Alexander Elliot with the email below for help, he will assist you with all information needed to get back your fund successfully, reach him via his email. Good Luck as you contact him.

  32. I started trading with AAFX Trading because of my friends’ recommendations. Many people praised the company and told me about their experiences and earnings while trading with them. Now I realize that I can earn good money myself, only because there is training in Training Center in the form of video tutorials. I have learned a lot of useful things, learned to do technical and fundamental analysis. The knowledge I got really help me to trade on the stock exchange.

  33. At first I didn’t really know what makes a good broker to stand out among so-so brokers.
    Basically I chose AAFX Trading only because I compared the spreads of several companies and found the trading conditions here to be the most profitable ones.
    Later on I tried another brokerage but after several months of doubts switched back and transferred all the funds here as I realized that the slippages I had with the other broker significantly impacted my trading results and that was sure enough unpleasant and damaging for my financial results. Since than I trade with AAFX. I’m not sure if it’s the best broker ever, but the fact I have no reasons to complain speaks for itself.

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