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AAAFx — Forex Broker

Doesn't accept US tradersUS traders
  • Bonus offers
  • Trading by telephone
  • PAMM accounts
  • Affiliate program
  • Islamic accounts available

  See AAAFx reviews

3.6/10 (7 qualified reviews)
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Company AAAFX Competitive Trading Solutions Ltd.
Founded and online since 2010
Offices in Greece
Payment options Show payment optionsHide
Demo platforms
  • MetaTrader 4 (Limited with 14 days of inactivity)
  • ZuluTrade (Limited with 30 days)
Account currencies Euro
Japanese yen
United States dollar
Currency pairs Show currency pairsHide
Regulated by HCMC (Greece), 998281207
Website available in Show website languagesHide
Support available in Chinese
English
Greek
Spanish
Support methods Email
Live chat
Phone
Trading server time zone GMT

Account Types

Minimum account size $300
Minimum position size 0.01 lot
Spread type Fixed
Spread on EUR/USD, pips 1.9
Trading instruments
Forex 1:200
Trading platforms ZuluTrade
Digits after the dot in quotes 5
Number of currency pairs 56
  • Browser-based platform
  • Automated trading

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Reviews 

36 reviews of AAAFx are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

  ED_Forex from Lebanon.
Tuesday, March 31, 2015

AAAFX scam broker claim that its both aaafx and zulutrade binary platforms have same prices running on when actually aaafx everytime and time creates a gap to the worse on aaafx live accounts platform, to give its binary clients worse entry price while the expiry price ends the same as of zulu platform.

After contacting aaafx about their SCAM, they reply by giving a screenshot from both platforms showing that prices are the same, aaafx are one of the most cruel brokers out there, aaafx play it as idiots, trying to decrease people awareness or mind cleverness by aaafx stupid ignorant replies.

It is just as if telling them that the snow color is white and they reply sone dust is on it making it black, briefly aaafx play it stupid in any complaint case raised by its clients!!!

Not to forget how aaafx and zulu create frozen priceson its platforms as shown in screenshots, clearly showing too fake charts of nonexistence curves but straight lines!!!

Bear in mind with aaafx and zulu traders and investors hard earned money will evaporate due to technical errors created by aaafx and zulu that they both refuse to take responsibility of by refunding clients accounts, instead zulu and aaafx(both same company) give scam excuses to run away with clients money.

I have many screenshots as PROOFS of AAAFX SCAM, unfortunately no option to upload files here.

Stay Away from the SCAM AAAFX and ZULUTRADE

 gerard from New Zealand. Trading account #2XXX5
Thursday, January 15, 2015

This is one of the worse brokers I have used. I am a signal provider at Zulutrade so have no decent options. Compared to IC Markets, the spread is huge and execution is slow. From a customer service point of view they are 24/7 and quite good and resolving issues. There back office is only open around the same time as London is open so not really 24/7. If I wasn’t a signal provider there I wouldn’t touch them. If I wanted to use other people’s signals I would debate it. They did credit me 300 USD on a new account, but to me that only shows that they are that confident you will loss more money then you make with them. This would suggest that they are pure market makers and the "no dealing desk" is probably a lie. They would probably use everything in their power to make you loss. Slow execution, slippage, spread re-quotes, stop hunting etc, etc. I have 2 accounts using the same ea and this account performs worse. On the bright side, there main advantage is zulu trade. They are from memory the same company (not sure on the details). Most of the brokers at Zulutrade have ridiculous spreads and are traditional market makers, but at least they tend to have the least amount of slippage. Don’t use tight stop losses and definitely don’t scalp. Stay with bigger timeframes if you can, at least an hour. If you don’t want to use zulu trade don’t use these guys. If you do then I would recommend these guys for that reason only.

  Viachaslau K. from Belarus. Trading account #2XXX6
Saturday, October 18, 2014

Just another scam brokerage firm

I have a negative experience with this 'brokerage' firm.

If you lose money that all is OK - no requotes, all is going well. But when you starting to win, please prepare for the full arsenall of broker weapons - virtual dealer, server shut down even two times per day when we have maximum market activity...

I have an LIVE account with them and earned 300% and started to receive server shut downs even twice a day and "all is fine with our servers" mails and no help with my issues.

My nickname at forex factory is stormex. You can view my profile and their live linked account...

Very bad broker. Very BAD!!!!

My case againt them is here

http://www.forexpeacearmy.com/forex-forum/scam-alerts-folder/36644-aaafx-scam.html

Stay away until I resolve my case!

  zsvaileron from Singapore. Trading account #AXXXXXX4
Tuesday, May 13, 2014

Zulutrade is a more than excellent broker. Their autotrading platform has the Zuluguard feature where you can tweak the settings to guard against potential heavy losses or if the Signal Providers you chose deviated from their usual stategies. They have awesome affiliate programs, Referral and Signal Provider, which pays $4 per standard lot you help trade. Do well and copiers will flock to you like bees to honey. For talented programmers, they have this Zulu scipting feature, where the market is largely untapped yet. That's a potential goldmine waiting to be harvested guys, indicators and EAs can be configured to work at their new state-of-the-art Zulu trading platform.

Lastly, their customer service is definitely top of the top-notch. I've tried a lot and cannot find one better. Not even remotely close. They will attend to your needs and requests politely and as efficiently as possible. Questions are answered in detail as if you are attending lessons. And no other brokers will end their e-mail with 'We are always faithfully here at your service.'. Top class treatment from a top class broker with a top class platform. 12 stars out of 10.

  Mike from UK. Trading account #2XXXXXXXXX6
Thursday, February 20, 2014

I set up an account on AAAFX due to zulutrade back in 2010. It was a disaster, there was always a discrepancy on price by at least 3 pips between 'signal providers' and my account even when they were executed on the same broker during periods of slow activity.

I was often left with phantom trades and the customer service was a disgrace they would always hunt the records and reject any claim if there were any manual settings used even though there is no way to use a signal provider according to THEIR advice unless you set manual settings.

A total scam, in the end a provider blew my account in the Yen intervention and I have never and will never replenish it.

  lenvdev from Oman. Trading account #0XXXXXX4
Wednesday, July 10, 2013

This broker is very very good,reasonable spreads, no extra commission, very good execution... excellent account support, Regulation. I think you do not need something else in a broker.

  GM44453 from Croatia, Zagreb. Trading account #AXXXXXXX1
Friday, September 21, 2012

AAAfx is an excellent company, providing really nice trading conditions. slippage is small to non-existings, spreads are low for retail forex; there is no delays in orders b/n my account and the SPs that i am following and there is a full refund policy. what more a follower to want?! 10stars guys!!

  Rob from Netherlands.
Thursday, August 30, 2012

I dont usually rate brokers but i will rate AAAfx as their support was excellent when i needed help with some documents. Proffesionalism is the key factor for me when i rate services.

  linafx from India.
Wednesday, August 29, 2012

very good and reliable broker! perfect fit for forex!

 Steve G. from United Kingdom.
Wednesday, August 29, 2012

After many scam brokers that kept telling my lies and wouldnt let me withdraw my money on time i was positively surprised by this broker. Up until know and after 3 and half months i only have good words about them , whatever i;ve asked them to do for me was accomplished. Respect for the client is what i seek and i found it here. Kudos to AAAfx.

  Timtrader from Germany.
Tuesday, August 28, 2012

I started with AAA not long time ago and everythings works fine at the momment , my main concern was the slippage that i had with some zulu providers and now that the slippage is gone i'm very satisfied.

  Malay from Russia.
Thursday, August 23, 2012

Dear AAAFx User

On a regular basis, AAAFx performs reviews to ensure your account's documentation and the information on your profile is accurate and up to date.

It seems that although currently you are holding an Islamic account with AAAFx, you have not yet provided an official documentation proving Islamic faith.

So you are kindly requested to provide relevant documentation as soon as possible.

  Dan from Malaysia.
Monday, January 9, 2012

Horrible service. Huge spread (at least double compared to other brokers).

Poor deposit and withdrawal processes. The support seems to know nothing except following the pre-written scripts (just rephrasing them sometimes). No point arguing with them since they wont even attempt to help you if they dont have the answer.

  jerome from Canada.
Saturday, December 17, 2011

Works correctly.

execution could be better.

Spread is also a little higher compared to others, but we have to remember that the spread is used to pay the signal providers... so in fact the spread is good if we consider this.

(you'll see increase in all spreads (or ECN commsssion) for any broker in zulutrade to pay the commission to the signal provider)

but if you open an account using an FXRebate site like fxrebategurus, you can reduce the spread by 0.75!!!!

so my final setup is really stable and profitable.

  Balázs from Switzerland.
Monday, December 5, 2011

I have just opened my AAAfx account, and had a very unpleasant surprise: their Moneybookers account is an EUR account, so transferring money from my Moneybookers USD account to their USD account requires 2 conversion: USD->EUR->USD. That costs about 5%. Additionally to their 2.9%+2.9€ fee, that makes me lose 9% of my equity just at deposit time.

I cannot say it is a warm welcome. :(

Visit AAAFx website. 

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