AZAforex Review 2022
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| AZAforex is an online broker offering a wide range of asset classes, helpful features, analytical tools and payment methods for clients across the world to get stuck into the financial markets. | ||
AZAforex is broker that offers traders CFD, Forex, Cryptocurrency, Binary Options and Stocks. Surprisingly, AZAforex does not support either of the enormously popular MetaTrader platforms (4 and 5).
In terms of features offered to traders, AZAforex has Demo Accounts and Islamic Accounts but is missing Social Trading, Signals and Auto Trading.
Cryptocurrency traders have a very decent number of coins to trade at AZAforex, 9 in fact: BTC, BCH, DASH, ETH, LTC, USDC, USDT, XMR and XRP.
Please note that AZAforex is an unregulated broker. With no regulatory oversight a broker can offer higher leverage and other features that regulated brokers can not, but it also means that traders need to be more careful. Don't deposit large sums before you feel confident that the operator is trustworthy.
AZAforex Summary
AZAforex is an online broker offering a wide range of asset classes, helpful features, analytical tools and payment methods for clients across the world to get stuck into the financial markets.
Ratings
| Bonus | None |
|---|---|
| Instruments | CFD, Forex, Crypto, Binary Options, Stocks |
| Demo Account | ✓ |
| Min. Deposit | $1 |
| Min. Trade | 0.00001 lots |
| Regulated By | |
| MetaTrader 4 | ✗ |
| MetaTrader 5 | ✗ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✓ |
| Mobile Apps | iOS & Android |
| Auto Trading | ✗ |
| Trade Signals | ✗ |
| Social Trading | ✗ |
| Copy Trading | ✗ |
| Islamic Account | ✓ |
CFD Trading
AZAforex boasts a wide range of CFD instruments, encompassing forex, cryptos, equity indices, stocks, precious metals and energies
| Leverage | 1:1,000 |
|---|---|
| FTSE Spread | Variable |
| GBPUSD Spread | Variable |
| Oil Spread | Variable |
| Stocks Spread | Variable |
Forex Trading
AZAforex clients can trade over 70 major, minor and exotic currency pairs
| GBPUSD Spread | Variable |
|---|---|
| EURUSD Spread | Variable |
| EURGBP Spread | Variable |
| Assets | 72 |
Cryptocurrency Trading
Nine different cryptocurrencies can be traded as CFD currency pairs against the US dollar.
| Spread | Variable |
|---|---|
| Coins | BTC, BCH, DASH, ETH, LTC, USDC, USDT, XMR, XRP |
Binary Options Trading
AZAforex offers binary options with time-dependent payouts that can be taken out on any asset included as a CFD or spot instrument
| Payout Percent | 70-90 |
|---|
Payment Methods
AZAforex accepts the following payment methods:
- QIWI
- ADVcash
- Debit Card
- Credit Card
- Wire Transfer
- Perfect Money
FAQ
Is AZAforex Safe?
In our review we gave AZAforex a low trust score of 20%, which means that traders should try things out before they deposit any larger amounts. What impacted the trust score the most is the fact that AZAforex is not regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.
Does AZAforex Accept PayPal?
No, AZAforex does not accept PayPal payments.
Is AZAforex Halal?
Yes, AZAforex does offer an Islamic trading account and should thus be Halal to trade with.
Is AZAforex Regulated in the UK?
No, AZAforex is unfortunately not regulated by the FCA here in the UK. See our list of FCA regulated brokers for safer options
Is AZAforex Regulated?
No, unfortunately AZAforex is unregulated as far as we know. Prudent traders will want to check out the list of FCA regulated brokers for alternatives.
AZAforex vs Other Brokers
If you want to compare AZAforex with other brokers, use the detailed comparisons below.
AZAforex vs |
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| AZAforex is an online broker offering a wide range of asset classes, helpful features, analytical tools and payment methods for clients across the world to get stuck into the financial markets. | ||