AAAfx AAAfx - Zulutrade's forex broker review

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AAAfx execution and slippage

0.73 pips

 

 

Slippage is the difference between the price at which the order has been placed and the price at which it has been executed by the broker. The less slippage you get, the better your trading results will be. 

Our slippage data about AAAfxis sampled by 10 of the most popular forex trading strategies in Zulutrade.com.

 

0.00 pips

AAAfx slippage with Kama-spot trading strategy

Kama-spot is a forex trading strategy, based on technical analysis. It trades mainly EUR/USD, GBP/USD and USD/CHF

Average profit:                14.0 pips
Average trade lifespan:  19 hours
Most traded pairs:               EUR/USD, GBP/USD and USD/CHF

 

0.00 pips

AAAfx slippage with Saved FX trading strategy

Average profit:                  16.0 pips

Average trade lifespan:    1 day

Most traded pairs:                 EUR/USD, GBP/USD, USD/CHF
0.31 pips

AAAfx slippage with Qurenix trading strategy

Average profit:                  9.0 pips

Average trade lifespan:  5 hours

Most traded pairs:             EUR/USD
0.05 pips

AAAfx slippage with Forex Cruise Control trading strategy

Average pips/trade:           5.0

Average trade lifespan:   18 hours

Most traded pairs:              GBP/USD
0.03 pips

AAAfx slippage with For333 trading strategy

Average pips/trade:           12.0

Average trade lifespan:   15 hours

Most traded pairs:              GBP/USD, EUR/USD, AUD/USD
0.20 pips

AAAfx slippage with Azar Consulting trading strategy

Average profit:                   28.0 pips

Average trade lifespan:   3 days

Most traded pairs:               EUR/USD
0.00 pips

AAAfx slippage with The Best Player trading strategy

Average profit:                  22.0 pips

Average trade lifespan:   13 hours

Most traded pairs:               EUR/USD
0.00 pips

AAAfx slippage with Xiaolidao trading strategy

Average pips/trade:           9.0 pips

Average trade lifespan:   1 day

Most traded pairs:               EUR/USD
1.42 pips

AAAfx slippage with Youron trading strategy

Average profit:                  9.0 pips

Average trade lifespan:   11 hours

Most traded pairs:               EUR/USD, GBP/USD
5.32 pips

AAAfx slippage with Duanxian(GBP\USD) trading strategy

Average profit:                      10.0 pips

Average trade lifespan:      1 days
 
Most traded pairs:                   EUR/USD, NZD/USD, GBP/USD

Trading Accounts

 

Account type  Minimum deposit Minimum trade size Maximum leverage Spreads (& commission)
Standard $300 0.01 1:500 0.2 pips + $10 per lot per side

 

AAAFx offers its clients a single account with leverage up to 1:500, variable and the option to trade in micro lots on the popular Metatrader 4, that is fully integrated with the largest Social Trading Network, Zulutrade. Therefore, no commission is charged for trading signals.

 

Besides, anyone of Islamic faith can apply for a swap-free (Islamic) account with AAAFx.

 

The Company. Security of Funds

 

Company

Country

Regulation

Triple A Experts Investment Services S.A.

Greece

HCMC

 

AAAFx offers online trading in over 50 currency pairs, indices, oil, metals and binary options. If you are copy-trader using ZuluTrade, then AAAFx is an excellent choice for you as AAAFx is, in fact, ZuluTrade's own brokerage, operating out of Athens, Greece.  Being a Greek broker licensed by the Hellenic Capital Market Commission (HCMC), Triple A Experts Investment Services S.A. falls under European Union regulations so investors are better protected. 

 

In accordance with EU financial regulations, client funds are segregated from the company’s operational funds.  Besides, the compensation payment to investors for liabilities arising from the provision of investment services is governed by the provisions on the Investor Compensation Fund. The coverage amount for the investment services offered to the Client comes up to thirty thousand (30,000) EUROS per person.

 

The companies licensed by HCMC are also required to abide by ESMA guidelines on the sale of complex products where online forex is specifically mentioned as such. As a EU-regulated broker, AAAFx is entitled to offer cross-border services within the Union under the MiFID Passporting Regime.

 

Trading Conditions

 

Minimum Initial Deposit

In order to open a live account with AAAFx you have to deposit $300, which is average for the market.

 

Spreads & Commissions

AAAFx`s sole account provides tight variable spreads, averaged 0.2 pips on EUR/USD, however salty commission of $10 per standard lot applies. So, average cost of trading for this pair is around 2.2 pips per lot, while most brokers provide spreads within the range of 1.0 – 1.5 pips.

 

Leverage

The maximum leverage level offered by AAAFx is 1:500, which is a high ratio. Yet, many brokers provide leverage equal to or exceeding 1:500. Keep in mind, however, that high leverage levels involve greater risk. That is why both CySEC and FCA undertook measures to restrict leverage levels provided by regulated brokerages.

 

Trading Platform

 

Platform-wise, there are no surprises with AAAFx here: you can trade with Metatrader 4 (MT4) and take advantage of all its goodness, such as for example Expert Advisors (EAs). The platform is available as desktop and mobile versions for Android and iPhone, which is a bummer for Mac and Linux users with Windows Mobile phones as they won't be able to trade with AAAFx.

 

AAAFx also offers the web-based ZuluTrade Platform, equipped with technical analysis indicators (Trend, Oscillators, volatility, volumes, Bill Williams etc.) and charts (Candlesticks, OHLC, lines) you can tailor according to your trading requirements. In addition, ZuluScripts™ allows trading robots to be used or developed via your own algorithms to run your trading strategies.

 

Whether you are a manual trader or choose to trade signals, you would be happy to know that with this broker you can use pretty much any trading strategy, including scalping and hedging. 

 

Promotion

AAAFx is a generous broker that offers a number of promotions:

 

- up to 30% BONUS on all deposits (of at least $500);

- $100 Refer-A-Friend Bonus;

- $25 Welcome bonus.

 

Methods of Payment

 

Unlike most brokers, AAAFx does not offer a variety of deposit and withdrawal methods: bank wire transfer, credit/debit cards and e-wallet Skrill, Neteller, Sofort, giroPay, iDEAL, QIWI, Przelewy24, EPS, and Teleingreso.

 

Conclusion

 

AAAFX, owned by Zulutrade, is a reputable, Greek-registered forex and binary options broker that has been active in the Forex industry since 2008. Our may concern with AAAFX is that it charges salty commission fees. To sum up the above, here are the advantages and drawbacks with regards to this broker:

 

Pros Cons
EU regulated broker Salty commission fees
Tight spreads  
STP execution available  
Bonuses offered  

                                                                                                

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Spread

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Slippage

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Requotes

Pros

Cons

 

 

Price feed

Pros

Cons

 

 

Platform

Pros

Cons

 

 

Deposit/Withdraw

Pros

Cons

 

 

Customer service

Pros

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Summary

Pros

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Traders` reviews for AAAfx Add review

AAAFX and Zulutrade SCAM Binary Options

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

ED_Forex 04/01/2015

Excellent Services

I am using this broker for the services to use zulutrade! both services are excellent in terms of execution and slippage which is very minimal compared to other brokers, there is no commission and support is always there fro me. Spread are also regular for the retail forex sector. I totally recommend them.

linafx 11/14/2012

AAAfx is a very good broker

I'm frankly impressed by the quality of service this broker provides , my main reason to go with them was the zulutrade integration which proved itself an excellent one. I have no issues with them so far.

Sven 11/13/2012

AAAFX is a good broker

I use Zulutrade and AAAFX is my favorite broker – slippage is low, payments department and customer support are always replying almost immediately to my question. So far I haven’t had any problems with my account.

Sjord van de Kamp 07/16/2012

Low slippage and no commissions at aaafx

I am very happy with AAAfx – before I was trading with another broker on Zulutrade and there was high slippage every day (sometimes over 6 pips!). I was never refunded or compensated for the slippage. I switched to AAAfx and the problems disappeared – now I see way less slippage, I pay no commission and I am happy with the overall performance. The customer support is also very helpful.

Chris K. 07/16/2012

Tried AAAfx for a while, happy with their data feed

This is the same company as Zulutrade. I signed up with them because they accepted US clients but after one month they told me they’re not allowing US traders any more so my account was sold to FXDD.

It’s a bummer, because AAAfx’s data feed was really good and seems like a genuine raw interbank quote. The slippage was often 1-3 pips, which was the disadvantage of the broker. I don’t know how they handle such complaints, though, since I left before I could express my concerns.

Customer support was good but tech support was a bit slow.

Amanda Blunt 07/16/2012

AAAfx is better for trading with Zulutrade

I use two accounts for trading with Zulutrade – 4XP and AAAFx. The second one performs better and I am not charged for any commissions. The execution of the signals happens on time. I don’t use this broker for manual trading but for working with Zulitrade, AAAFx are the best.

Ibrahim 07/16/2012

AAAfx started slow but are improving fast

I’m not a full-time trader but I have been trading the pairs for a long time now. I’ve used many different brokers, including AAAfx. At first I had some issues with them – delays in deposits and withdrawals, I was asked to submit all sorts of papers and documents, there was slippage and executions were sometimes delayed.
I figured I’d give them another chance since they were a new broker and I have to say, for the last 3 months things have really improved. I think AAAfx have taken the right directions and if nothing changes, I will keep trading with them.

andrew 07/16/2012
Forex