AAAFx Journal
Journal status: live AAAFx joined in | not yet |
AAAFx Profile
Website
Year
2008
Country
Greece
Branches
1
Regulation
HCMC Greece
Registration
HCMC Greece
Investor protection
Fund protection
Athens Stock Exchange Members' Guarantee Fund (ATHEX)
Publicly traded
no
Restricted in
Not serving
х American Samoa, Belgium, Burma, Canada, Guam, Iran, Myanmar, North Korea, Northern Mariana Islands, Puerto Rico, Sudan, Syria, US, US Virgin Islands
Broker type
DMA, ECN pricing
Dealing book
A-book
Tier
3
Execution speed
21 ms
LPs total
5
LPs quality
Tier-1 Banks, Other
LPs names
AvaTrade, FXCM PRO, Formax International Market, IG Markets, Swissquote
AAAFx Accounts
DMA
ECN
Minimum Deposit
10000 $
10 $
Leverage
30 : 1
30 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
0 pips
0 pips
Commission
0 $/lotRT
2 $/lotRT
Volume
...
999 lots
Margin Call
100 %
100 %
Stop Out
70 %
70 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Skrill, Neteller, Giropay, EPS, Klarna, IDEAL, Przelewy24, QIWI, Bitcoin, China UnionPay
Base currency
USD, EUR, GBP, AUD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
Update broker |
- Full listing profile: AAAFx broker profile
Is AAAFx safe?
- Investor protection: Athens Stock Exchange Members' Guarantee Fund (ATHEX)
- Regulation: HCMC Greece
- Registration: HCMC Greece
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is AAAFx trusted?
- Information transparency: sufficient
★★★ - Customer service: prompt, helpful
★★★★★ - AAAFx website: semi-detailed, updated
★★★ - AAAFx popularity (by visitor count): low visits
★★
How AAAFx works
Enjoy raw ECN spreads and lightning-fast trade execution at very low cost. Low commission charges and low swap charges combined with our advanced technology make your trading experience exemplary in every sense. We do not impose any restriction on any trading strategy either.
https://aaafx.com/account-types
3.4. Capacity
We act as an intermediary, by Straight-Through-Processing or hedging your orders to our Liquidity Provider(s), in a way to maintain (in our name) with the relevant Liquidity Provider the same open positions as those that you maintain with us.
"Execution" means the completion of clients’ orders by AAAFx’s through the trading platform(s) it makes available to you from time to time, where AAAFx acts as an intermediary, fully hedging and/or Straight-Through-Processing (STP) such orders to its Liquidity Providers.
9.9.2. AAAFx reserves the right to widen its variable spreads, disable trading to any or all instruments, adjust leverage, change its rollover rates and/or increase the margin requirements under certain market conditions including, but not limited to, when the trading desk is closed, around fundamental announcements, as a result of changes in credit markets, at times of extreme market volatility or when one or more Liquidity Providers have taken one or more of the above measures and/or when AAAFx deems that such exposure is risky and that it is not possible for AAAFx to mitigate its risks.
9.11. Negative Balance Protection
...AAAFx operates on a ‘negative balance protection’ basis which means that the client cannot lose more than his/ her overall invested capital (deposit)...
https://aaafx.com/Assets/AAAFx/RetailClientAgreement.pdf
2.1. Execution Venues
(a) Model of executing clients’ orders All transactions carried out by AAAFX through the Platform are executed outside regulated markets, MTFs or OTFs.
Unless otherwise notified to you, AAAFX does not execute clients’ orders against its own book. This means that although AAAFX appears as the client’s counterparty in a transaction, all client orders are covered on a one-to-one basis, by the execution of transactions corresponding to each client order against third party Firms (“Liquidity Providers”), AAAFX acting as a Straight-Through- Processing (“STP”) Broker. In accordance with this method of execution of transactions, the execution venue for each transaction is the relevant Liquidity Provider, taking as well into account that the price of the client’s transaction is determined based on the price offered to AAAFX by the said Liquidity Provider.
(b) Selection of Liquidity Providers Although there is a multitude of available potential Liquidity Providers operating worldwide, the execution of orders by AAAFX with any one of these Liquidity Providers is subject to the opening of an account by AAAFX with the relevant Liquidity Provider(s) and to the establishment of a business relationship between AAAFX and each Liquidity Provider...
(a) Model of executing clients’ orders All transactions carried out by AAAFX through the Platform are executed outside regulated markets, MTFs or OTFs.
Unless otherwise notified to you, AAAFX does not execute clients’ orders against its own book. This means that although AAAFX appears as the client’s counterparty in a transaction, all client orders are covered on a one-to-one basis, by the execution of transactions corresponding to each client order against third party Firms (“Liquidity Providers”), AAAFX acting as a Straight-Through- Processing (“STP”) Broker. In accordance with this method of execution of transactions, the execution venue for each transaction is the relevant Liquidity Provider, taking as well into account that the price of the client’s transaction is determined based on the price offered to AAAFX by the said Liquidity Provider.
(b) Selection of Liquidity Providers Although there is a multitude of available potential Liquidity Providers operating worldwide, the execution of orders by AAAFX with any one of these Liquidity Providers is subject to the opening of an account by AAAFX with the relevant Liquidity Provider(s) and to the establishment of a business relationship between AAAFX and each Liquidity Provider...
https://aaafx.com/assets/docs/Execution%20Policy.pdf
Triple A Experts Investment Services S.A. (“AAAFx” or “the Company”) is a member of the
Athens Stock Exchange Members’ Guarantee Fund (the “Fund”), which is the applicable
Investor Compensation Scheme for customers of Greek Investment Firms that are not credit
institutions, which was established under the provisions of the Greek Act 2533/1997 (the
“Law”).
Any compensation provided to clients by the Fund shall not exceed € 30.000. This limit applies to each clients’ aggregate claims against the Company.
Any compensation provided to clients by the Fund shall not exceed € 30.000. This limit applies to each clients’ aggregate claims against the Company.
https://www.aaafx.com/Assets/AAAFx/InvestorCompensationScheme.pdf
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