AZAforex Journal

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AZAforex Profile
Year
2016
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Afghanistan, Cuba, Iran, Mauritania, Myanmar, North Korea, Pakistan, Sudan, Syria
Broker type
DMA, ECN pricing
Dealing book
A-book
Tier
3
Execution speed
10 ms
LPs total
7
LPs quality
Tier-1 Banks
LPs names
Barclays, Commerzbank, Credit Suisse, HSBC, JPMorgan, Nomura, UBS

AZAforex Accounts
DMA
ECN
Minimum Deposit
1 $
2000 $
Leverage
1000 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1 pips
0.5 pips
Commission
3 $/lotRT
3 $/lotRT
Volume
Unlimited
Unlimited
Margin Call
100 %
100 %
Stop Out
5 %
5 %
Execution
Market
Market
Spread
floating
floating
Scalping
Unlimited
Unlimited
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, PAYEER, ADVCash, NixMoney, Capitalist, Kuna, Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dash, Tether, Monero, Ripple
Base currency
USD, EUR, GBR, JPY, AUD, CAD, CHF, NZD, UAH, RUB, CNY, ILS, IDR, MYR, THB, VND, BTC, BCH, ETH, DASH, LTC, XMR
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker

Is AZAforex safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is AZAforex trusted?

  • Information transparency: sufficient ★★★
  • Customer service: prompt, helpful ★★★★★
  • AZAforex website: highly detailed, updated ★★★★★
  • AZAforex popularity (by visitor count): low visits ★★

How AZAforex works



NO Re-Quotes, NO broker manipulation for client trading
The company opens all client orders on the interbank market.



1.14 AZA Not Market Maker - We have no obligation to make a market price to you if your favourable price level cannot be obtained or there is no buyer in the market, nor to buy back any Securities, Structured Investments and Trading Assets or other investments from you unless we have written an option requiring us to do so in certain circumstances.


Do you offer ECN trading?
AZA provides its customers with ECN symbols for trading, created to exclude superfluous intermediaries when making deals on the interbank market, and thereby to provide the most favourable terms to traders for each deal. Namely, the high execution speed of orders spreads from 0 pips and the best quotes of the first level.
All deals are opened at the market price from the liquidity provider and are withdrawn to the interbank market.
The distinctive advantage of accounts is that there is no conflict of interest between the broker and the client! When trading on the market, the company receives profit from spreads and trade commissions paid by the trader and is directly interested in the long-term growth of trade turnover on the account of each client.

Where do prices come from?
AZA uses the liquidity of the interbank market, which includes quotations of the 7 largest international banks.


We further provide you with real-time tradable BID-ASK tradable prices by collecting and aggregating information sourced through, independent price providers, relevant exchanges and interbank participants who normally supply liquidity and information to the global FX and Futures market and distributes the real-time BID-ASK tradable prices to you via our proprietary and 3rd party trading platforms.
The Company is proud to offer ... negative balance protection to protect and enhance the trading of its clients. Nonetheless, it is prohibited to use these features in bad faith.



Comments

Sony

I've got reply from the broker about crypto trading:

"We offer 6 types of accounts where cryptocurrency is the base currency. Profit is calculated in this cryptocurrency. These accounts can have leverage up to 1000:1 for trading currency pairs, etc.

When trading cryptocurrencies, the leverage is up to 100:1, for deposits over $500 up to 50:1."




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