AAAFx Review

Overall AAAFx is considered low-risk with an overall Trust Score of 89/100. AAAFx can be summarised as a trustworthy and worthwhile broker that is very competitive in terms of its trading fees (against major currency pairs).

AAAFx at a glance

Overall Rating

• 4.5/5

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OPEN AN ACCOUNT

Min Deposit

USD 100

Regulators

HCMC, FSCA

Trading Platform

MT4, MT5, ActTrader

Crypto

Yes

Total Pairs

500+

Islamic Account

Yes, only for global clients

Trading Fees

Low

Account Activation

24 Hours

AAAFx Review – 12 Key Point Quick Overview (2025):

1. ☑️ Who is AAAFX?
2. ☑️ Safe it Scam
3. ☑️ Pros and Cons
4. ☑️ Leverage
5. ☑️ Accounts
6. Market Instruments
7. Fees
8. Deposit and Withdrawal
9. Trading Platforms
10. How to open an account
11. Customer Support
12. Education 

They are headquartered and regulated in Greece by the Hellenic Capital Market Commission, as well as fully regulated in South Africa by the FSCA.

AAAFx Pros and Cons

Who is AAAFx?      

According to research in South Africa AAAFx, Finvasia group alliance is an online CFD ECN (electronic communications network) brokerage launched in 2007. AAAFx also offers trading in Forex currency pairs and crosses, global equity indices, stocks, the commodities of gold, silver, crude oil, natural gas, and copper, and major cryptocurrencies like Bitcoin. Minimum margin requirements differ and maximum leverage within the European Union is restricted to 30:1 for European clients as per ESMA regulations, and 1:500 for global clients.

Safe or Scam?

One of the best benchmarks to measure the safety of a broker like AAAFx is to establish which regulating authorities are watchdogs over its actions. AAAFx is regulated under the Hellenic Capital Market Commission (HCMC) in Greece, and the Financial Sector Conductor Authority (FSCA) in South Africa. Hence the level of investors’ protection is of a high standard.

AAAFx investors based in the EU, are protected by the Greek Guarantee Fund which will act in order to reimburse investors or any of the contracting parts in case an Investment Firm is bankrupt or not able to fulfill its obligations. The maximum amount of compensation is €30 000 per investor.

Leverage

AAAFx offers a maximum leverage ratio of 1: 30 for clients under the EU entity as per ESMA regulations and 1:500 for those under the Non – EU entity.

AAAFx accounts

AAAFx follows an ECN account model and offers 4 different accounts namely the ECN account, ECN Zero account, and ECN Plus account, and Islamic account option is also available for global clients.

ECN account

Low commission charges and low swap charges combined with advanced technology make your trading experience exemplary in every sense.

ECN Plus account

With a commission of only R27.23 ZAR / $1.5 per R1600000 / $100k, and the minimum deposit of R18153.90 ZAR / $1,000, traders can experience fast trade execution and raw thin spreads.

ECN Zero account

Account different from the others with benefits of trading without commission (R0 ZAR / $0 per R1600000 / $100k), and minimum deposit of R907695 ZAR / $50,000.

Islamic account

AAAFx offers trading with 0 swap charges and the commission of R45.38 ZAR / $2.5 per R1600000 / $100k for global clients of the Islamic faith with the minimum deposit of R1700 ZAR / $100.

Market Instruments

The most popular market instruments available from most brokers for trading include:

Forex

Forex trading describes the currency exchange market which refers to the global, decentralized marketplace where individuals, companies and financial institutions exchange currencies for one another at floating rates.

Commodities

Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and plays a major role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.

Indices

Equity, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.

Stock CFDs

Stock CFDs are a low-cost way of taking the advantage of price movements in the share prices of the companies. An advantage of trading with Stock CFDs over Stocks is low capital requirement.

Cryptocurrencies

AAAFx offers trading with 6 major cryptocurrencies including Bitcoin, Litecoin, Ethereum, and more. Bitcoin is the most popular digital currency and dominates 50% of the total crypto market cap. Litecoin is similar to Bitcoin but differs in terms of scalability. Ethereum is the second most popular cryptocurrency after Bitcoin and allows developers to create smart contracts on a platform.

AAAFx Fees

Cost depends on different factors, like spread and margins, and AAAFx clients may also experience different fee structures according to their country or place of residence. The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move.

Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position, and the leverage applied to your trading account.

AAAFx Spreads are variable and begin at 0.0 pips for all major Fx pairs.

The commission charged by AAAFx depends on the account type. For the ECN account – $2.5 per $100k; for ECN Plus account – $1.5 per $100k and for ECN Zero account – $0 per $100k, and $2.5 per $100k for the Islamic account.

Overall Rating

• 4.5/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 100

Regulators

HCMC, FSCA

Trading Platform

MT4, MT5, ActTrader

Crypto

Yes

Total Pairs

500+

Islamic Account

Yes, only for global clients

Trading Fees

Low

Account Activation

24 Hours

Deposit and Withdrawal

Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can be done in the same ways.

Depositing funds and executing withdrawals with an AAAFx account can be done easily and securely. Both may be made by credit cards, debit cards, bank wire, e-wallets, and cryptocurrencies. Withdrawals are generally made through the same channel that deposits have been made.

10 Best Forex Brokers in South Africa for 2025

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

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ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

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#2

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FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

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#3

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CySEC, MWALI, FSCA

$25

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#4

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CySEC, FCA, FSA, FSCA

$100

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#5

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CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

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#6

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CySEC, ASIC, FSA, BVI, FSCA

$25

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#7

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ASIC, CySEC, FSA, SCB

$200

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#8

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ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

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FCA, CySEC, FSCA, SCB

$100

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#10

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FSCA, FSC, ASIC, CySEC, DFSA

$5

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#1

4.8/5

User Score

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#2

4.7/5

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#3

4.7/5

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#4

4.4/5

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#5

4.7/5

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#6

4.0/5

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#7

4.7/5

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#8

4.8/5

User Score

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#9

4.5/5

User Score

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#10

4.9/5

User Score

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Trading Platforms

The forex trading platform provided by AAAFx to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms. A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.

AAAFX provides MetaTrader 4, MetaTrader 5, ActTrader, and for Social trading – ZuluTrade. ZuluTrade allows customers to take advantage of all of ZuluTrade’s social trading and trade copying features. MetaTrader 4 is an independent trading platform, developed for trading FX, commodities, and other products and is one of the most advanced and easy platforms to use.

MetaTrader 5, compared to MetaTrader 4, has more trading functionalities, technical indicators, and graphical objects. ActTrader is designed for both new, and experienced users. It provides fast and easy access to global markets to trade various instruments.

MT4 provides traders with a multilingual interface, instant execution, built-in guides, and a complete technical analysis package including a wide range of indicators and charting tools, custom indicators, and time periods. Automated trading is also offered through the MetaTrader 4 platform where traders can create and test automated trading strategies by using the MetaEditor, Strategy Tester, and Compiler tools.

MT5 platform was released in 2010. with new and updated features. AAAFx’s MetaTrader 5 offers 21 different time frames, 6 types of pending order types available along with the market execution, in-built and modifying options for Scrips, and many more.

ActTrader is the platform that has been the front-runner in the trading industry since 2000. The platform offers the ‘best in class’ technology and focuses on simplicity, readability, and challenging the well-known trading traditions with robust technology.

How to open an account

Similar to a bank, to register a forex trading account with AAAFx for the first time, you will be required to go through a basic “know your customer” process, which will allow AAAFx to ascertain your submitted details and ensure the safety of your funds and account details.

With AAAFx the documents necessary to open an Individual Account are the following:

• A copy of a valid official identification document with a photograph (passport, ID, or driver’s license)
• A copy of a recent ‘Proof of Residence’ document containing your full name and address (a utility bill, bank statement, etc.)

These documents can be uploaded to your web account or sent by email to contactus@aaafx.com for global clients, or for EU clients at support@aaafx.com. After filling in an online application, the account will generally be activated within 1-2 business days if all necessary documents are approved and a deposit is made.

Customer Support

Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it. In the case of AAAFX customers can reach the support team via chat, email, or phone. Customer support is available 24/5 in English.

Education 

Before starting to trade, potential clients of AAAFx should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading. AAAFx offers no real educational information, as they are focusing on offering a brokerage service instead of luring new clients with high transaction costs.

Research

To be able to trade with confidence, traders should do as much as possible research about this kind of speculative trading before commencing, but also preceding every daring deal to ensure that they don’t lose money unnecessarily and trade as profitable as possible. With AAAFx they have access to multiple resources on the website and trading platforms.

Awards

AAAFx has been awarded:

• ‘Most Transparent Broker’ at the Ultimate Fintech Awards in 2025.
• ‘Best FX Service Provider’ at the Forex Expo Dubai 2025
• ‘The Best CFD Broker’ at the Forex Expo Dubai 2025

Conclusion

AAAFx can be described as a company that offers retail Forex/CFD trading with professionalism and integrity. Traders not interested in a wide range of obscure assets to trade, but want a cheap ECN-style trade offering, will find AAAFx worth considering, especially if they have a relatively small deposit to start off with.

Disclaimer

AAAFx warns potential customers that Forex and CFD trading always carries a high risk and may not be suitable for all investors. Before deciding to trade with AAAFX, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.

AAAFx warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence AAAFX cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

Frequently asked questions

Trading environment

How many instruments can I trade with AAAFx?

You can trade 500+ total pairs

Which platforms are supported by AAAFX?

AAAFX provides the following popular trading platforms:

• MT4
• MT5
• ActTrader
• Social trading: – ZuluTrade

Does AAAFx offer leverage?

Yes, AAAFx offers maximum leverage of 1:500 for global clients, and 1:30 for EU clients.

What spreads can I expect with AAAFx?

AAAFx offers AAAFx spreads that are variable, beginning from 0.0 pips on the EUR/USD currency pair.

Does AAAFx charge a commission?

Yes, the Commission charged by AAAFx is based upon the chosen account type, starting from $0/$100k for ECN Zero Account, followed by $$2.5/$100k for a standard ECN account and $1.5/$100k for ECN Plus Account, and $2.5 per $100k for the Islamic account.

Is AAAFx regulated?

Yes, AAAFx is regulated by HCMC and is FSCA compliant.

Is AAAFx a recommended forex trading broker for experts and beginners?

AAAFx offers a fair-trading environment for experienced traders.

What is the overall rating out of 10 for AAAFx?

9/10

Accounts

What is the difference between a demo and a live trading account?

A demo account is offered by broker companies and funded with virtual money that enables a prospective customer to experiment with the company’s trading platforms and its features, before setting up a real account funded with the customer’s actual money.

Does AAAFx offer a demo account?

Yes

How long is the demo account valid?

The demo account can be used at any time, it expires 30 days after inactivity.

Which live trading accounts does AAAFx offer?

AAAFx offers 4 different accounts namely the ECN account, ECN Plus account, and ECN Zero account and the Islamic account available for global clients.

What are the available deposit currencies for a live trading account?

The default currencies available for deposit are US Dollar, Euro, Swiss Franc and Pound Sterling, with addition to more currencies based on region.

Deposits and withdrawals

What is the minimum deposit for AAAFx?

R1700 ZAR / $100

How do you make a deposit and withdrawal with AAAFX?

AAAFX offers the following deposit and withdrawal methods:

• Bank wire – FNB, KoraPay (through Praxis), DixiPay, Help2Pay,FairPay, PayRetailers
• Bank cards – Debit/Credit card
• e-wallets – FairPay, VirtualPay, Skrill, Neteller
• Cryptocurrency – match2pay (eth, btc and usdt), Capital Wallet

Withdrawals can be done the same way via:

• Bank wire – FNB, KoraPay (through Praxis), DixiPay, Help2Pay,FairPay, PayRetailers
• Bank cards – Debit/Credit card
• e-wallets – FairPay, VirtualPay, Skrill, Neteller
• Cryptocurrency – match2pay (eth, btc and usdt)

Does AAAFx charge withdrawal fees?

AAAFx doesn’t charge any withdrawal fees, but clients may encounter third-party fees.

How long does it take to make a withdrawal?

Depending on bank services it may take several days for the money to be available.