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/10
The WikiFX Score of this broker is reduced because of too many complaints!

AAAFx

South Africa | 5-10 years |
Regulated in South Africa | Financial Service Corporate | MT4 Full License | Regional Brokers | Suspicious Overrun | High potential risk

https://aaafx.com/global/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

AAAFx-FX-Demo

United States
MT4
16

Influence

C

Influence index NO.1

Ethiopia 3.05
The WikiFX Score of this broker is reduced because of too many complaints!

MT4/5 Identification

MT4/5 Identification

Full License

16
Server Name
AAAFx-FX-Demo MT4
Server Location United States

Influence

Influence

C

Influence index NO.1

Ethiopia 3.05
Surpassed 45.40% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

contactus@aaafx.com
https://aaafx.com/global/
3rd Floor, 34 Whiteley Blvd, Melrose Arch, Birnam, 2196 South Africa
https://www.facebook.com/AAAFxOfficial

Licenses

Licensed Entity:SIKHULA VENTURE CAPITAL (PTY) LTD

License No. 49299

WikiFX Risk Alerts
2025-06-22
  • The number of the complaints received by WikiFX have reached 12 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
2

Basic Information

Registered Region
South Africa
Operating Period
5-10 years
Company Name
Sikhula Venture Capital (Pty) Ltd
Customer Service Email Address
contactus@aaafx.com
Company Website
Company address
3rd Floor, 34 Whiteley Blvd, Melrose Arch, Birnam, 2196 South Africa

Gökhan 7430

Unverified

Turkey

He gave me a 200 dollar bonus and never let me use it. My money was always liquid because of him, and some people don't even give their profits.

Exposure

2024-04-09

12584612

Unverified

United Arab Emirates

IB name: cocoinvest99@gmail.com Sales name: Fateh. Before I introduce clients to AAA, both parties have agreed to pay rebates every Friday. I have been waiting for 1 month so far. But they don't pay. I don't know if this platform is going out of business. I suspect they are doing a scam.

Exposure

2023-07-03

FX2150998169

Unverified

Hong Kong

I knew teacher Li at the end of 2018. And the teacher said he was a professional teacher with forex and he helped people invest. I’m a new hand. So I became so curious and asked him how? The teacher said it was hard to explain it clearly. Simply put, you give us your money and we help u profit on a no-risk basis. And the teacher should be giver 30% of the profit. This teacher kept posting the profitable screenshots and telling me how good his team was. So I believed him. I deposited in early March, 2019. And the teacher helped me trade everyday cuz I knew nothing about the investment. The teacher changed my login password and told me I could see the operate situation. At about 19:00, March 12, 2019, the teacher asked me add more money cuz the XAU/USD market was bullish! The teacher just pressured me and asked me to login to QQ and he would instruct me. I transferred 67,800 that day. There was another teacher arranged by the teacher Li helped me invest since march 13. But the price of my order went down since April 4! And the teacher bought over 10 lots of XAU/USD which were unprofitable on April 8! I lost from over $1,000 to $9,000! I was so worried that I asked the teacher what should I do? And my family didn’t support me! The teacher asked me to trust him and he wouldn’t let me lose!!!

Exposure

2021-03-12

Daily Life

Unverified

Ecuador

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.

Neutral

2023-12-04

XGOLD

Unverified

Belarus

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.

Neutral

2023-12-01

Hachi

Unverified

Thailand

I am someone who has been in the Forex industry for many years. There are quite a few brokers that I have tried. I think that each broker has both advantages and disadvantages. which makes me It is not specific to use a single broker for investing. Because I like diversification more. I started using AAAFx broker about 6 months ago and I am quite a heavy investor, but I have never had any problems with withdrawals. Especially during this period when brokers have top-up activities as well. The money I added Still get a bonus It gives me money to invest in more risks. I avoid reading bad and unrealistic comments because I firmly believe that brokers with more than 16 years of experience like AAAFx will definitely not ruin their name by not being able to withdraw money.

Positive

2023-11-09

big4846

Unverified

Thailand

After I tried the services of AAAFX broker for a period of time. I have to admit that this broker is definitely one of the trustworthy brokers. Including easy and convenient trading on the widely popular MT4 and MT5 platforms. Also, the lowest commission of 0 here is a great consideration for those just starting out in trading. Trustworthiness: AAAFX broker has a years-long track record and a reliable reputation in the trading industry. This helps build confidence among customers. MT4 and MT5 Platforms: These platforms offer traders the convenience to start and execute trades. Zero Percent Commission: Zero percent commission is attractive to new traders who may want to try trading without the high costs.

Positive

2023-10-06

Pietro8832

Unverified

Italy

The speed of order execution at this broker makes me think I made the right choice when I opened a trading account with this company. I knew that such trading conditions would help me to succeed. And as it turned out I was right.

Positive

2023-06-08

繁星空

Unverified

Malaysia

The most basic account type can be opened with only $10, and whose spread & commission are very low. There is even a 100% deposit bonus. But all this is just their side story. They don't offer free demo accounts, so you can't test their real trading conditions at all.

Neutral

2022-11-28

如意10214

Unverified

Hong Kong

There is $8000 or so left in my account, while it was scammed by the platform.Hope you select the platform wisely.

Exposure

2019-12-04

如意10214

Unverified

Hong Kong

The platform continue the practice of withdrawing refusal. Its foreign customer service support said he couldn’t speak Chinese and asked me to contact Chinese customer support. However, when I replied in English, he is gone...

Exposure

2019-08-03

FX3548826967

Unverified

Hong Kong

My money deposited in formax was transferred into aaafx. Having tried to enquire the customer service personnel about that several times, I wasn’t able to withdraw any money.

Exposure

2019-08-03

如意10214

Unverified

Hong Kong

I have failed to contact the customer service for several months.No matter how long the customer service always didnt reply.Withdrawal was also unavailable.Please keep away from this platform.Anyway,I don't know why they don't respond.

Exposure

2019-07-27

如意10214

Unverified

Hong Kong

It must be a fraud platform since it refuses my application for withdrawal several times and its customer service personnel give me a cold shoulder. I can’t get in touch with them both by Wechat or on the website. That’s really arrogant!

Exposure

2019-07-20

如意10214

Unverified

Hong Kong

I have contacted the customer supports several times, asking for withdrawing, but they make no answer. However, the platform will send you an email everyday on time to inform the profitability.

Exposure

2019-07-13

如意10214

Unverified

Hong Kong

I continued to contact the customer service this week, but they still ignored me. Do you think I will give up in this way? No, it only reinforces the fact that I keep exposing them until I can withdraw. To prevent more people from stepping into their trap, I insist on exposing them once a week.

Exposure

2019-07-05

如意10214

Unverified

Hong Kong

The platform gives no access to withdrawal with grinding reasons these months.The customer service is out of contact totally.Exposure of AAAFx!

Exposure

2019-06-30

陈梦

Unverified

Hong Kong

Formax Forex gives no access to withdrawal, privately transferring the amount in the account to AAAFx , and then says that only 4% of the full amount can be paid each month, and then it becomes a new payment plan to ban withdrawing money to before a new plan carried out. Now it requires 30% of clients’ withdrawal privately.

Exposure

2019-03-21

FX3089772123

Unverified

Hong Kong

The withdrawal of gold can only be 4% of the full amount, and it is necessary to pay the service charge, so that it is not enough to pay the charge with the fund.I hope everyone will stay away from this pitted platform!

Exposure

2018-10-10

19
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Official website

Website

Most visited countries/areas
Cote d'Ivoire
aaafx.com
198.107.197.24
Server Location
United States
ICP registration
--
Most visited countries/areas
Cote d'Ivoire
Domain Effective Date
0001-01-01
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC

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

Keywords

  • 5-10 years
  • Regulated in South Africa
  • Financial Service Corporate
  • MT4 Full License
  • MT5 Full License
  • Regional Brokers
  • Suspicious Overrun
  • High potential risk

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United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com