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AZA Forex

AzaForex | 2024-09-13 13:52

Abstract:AZA Forex, established in 2016 and based in the Marshall Islands, offers a variety of trading services with over 100 financial instruments, including Forex, commodities, indices, stocks, and cryptocurrencies. But meanwhile, the biggest downside of AZA Forex is it remains unregulated, which poses risks to traders' investment protection.

AZA Forex, established in 2016 and based in the Marshall Islands, offers a variety of trading services with over 100 financial instruments, including Forex, commodities, indices, stocks, and cryptocurrencies. But meanwhile, the biggest downside of AZA Forex is it remains unregulated, which poses risks to traders' investment protection.

Pros and Cons

ProsCons
High leverage up to 1000:1Uncertain Fee Structure(No specific commissions)
Low spreads from 0.00001 pips on ECN accountsLimited market coverage (No futures)
Variety of account types, including Start,Pro,VIP,Demo Account

Is AZA Forex Legit?

Found in the Marshall Islands, AZA Forex is an unlicensed broker. Although it provides innovative systems and certain trading services, the absence of control is risky to client's investment protection.

Is AZA Forex Legit?

The official website of AZA Forex is set in 2016, but is prohibited now.

Is AZA Forex Legit?

What Can I Trade on AZA Forex?

AZA Forex provides many different kinds of financial instruments in numerous spheres.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Indices✔
Stocks✔
Cryptocurrencies✔
Futures❌
What Can I Trade on AZA Forex?

Account Types

Along with a Demo account, AZA Forex offers Start, PRO, and VIP accounts as among various live account options. It does not support Islamic accounts.

Account NameMin. DepositSpreadCommissionLeverageBest For
Start$10.0001NoUp to 1000:1New traders
PRO$2,0000.00004YesUp to 1000:1Experienced traders
VIP$10,0000.00001NoUp to 1000:1High-volume traders
Demo--No-Beginners (Virtual funds)
Account Types

AZA Forex Fees

Especially in terms of spreads and commissions, AZA Forex provides rather inexpensive fees when compared to industry norms.

AZA Forex Spreads and Commissions

Spreads differ among accounts; the VIP account has the lowest available range. The Start and VIP accounts do not incur commissions; the PRO account does.

AccountSpreadsCommissions
StartFrom 0.0001No
PROFrom 0.00004Yes
VIPFrom 0.00001No
AZA Forex Fees

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Mobius Trader 7✔Web, Windows, Mac, iOS, AndroidAdvanced traders need custom tools and strategies
MetaTrader 4✔Web, Windows, Mac, iOS, AndroidBeginners due to simplicity and widespread use
MetaTrader 5✔Web, Windows, Mac, iOS, AndroidExperienced traders requiring more advanced features like deeper market analysis and additional order types
TradingView❌--
Trading Platform

Deposit and Withdrawal

AZA Forex does not charge withdrawals or deposits fees. The kind of the account will determine the minimum deposit needed.

Deposit OptionsMin. DepositFeesProcessing Time
Bank Transfer$1NoInstant
Cryptocurrency$1NoInstant
E-wallet$100NoVaries
Credit/Debit Card$300NoVaries
Deposit and Withdrawal
Deposit and Withdrawal

Promotion

Promotions from AZA Forex range from up to a 25% Crypto Bonus to a 120% Loyalty Bonus and fee coverage for withdrawals. Rebates—a CD bonus for long-term investors—as well as free VPS services for VIP accounts help traders.

PromotionDetails
Crypto BonusUp to 25% bonus when depositing funds with cryptocurrency. Minimum deposit from $5 up to $30,000. Can be used for margin requirements and trading.
Loyalty Bonus120% bonus on additional investments to increase working capital. Helps support margin requirements and protects against Stop Out.
CD BonusLong-term investors can withdraw from $200 to $2,000. Passive profit with no limitation on own funds and protection from Stop Out.
RebateReceive up to 30% of the spread or $50 per 1M USD traded. Supports margin requirements, with no restrictions on withdrawing rebates.
VPS ServicesFree VPS for VIP accounts. Increases trading speed and ensures a stable connection with modern hardware, available 24/7.
Article BonusEarn a $10 no-deposit bonus for writing unique articles about forex. Unlimited number of articles and accounts. No hidden fees or commissions.
Fee CoverageAZA covers deposit fees from $100 for E-wallets and cryptocurrency, $300 for cards, and $1,000 for bank transfers through exchanges.
Promotion
Promotion
Promotion

Customer Support

AZA Forex offers sufficient channels of 5/24 client support. Some users still want 7/24 availability even if the support is sufficient.

Contact OptionsDetails
Phone+44 7700 100833
Emailinfo@azaforex.com
Support Ticket System✔
Online Chat✔
Social MediaTelegram: @azaforex
Supported LanguagesEnglish
Website LanguageEnglish
Physical AddressTrust Beach Lodge Apartment, Marshall Islands
Live Chat✔
Contact Form✔
Customer Support

The Bottom Line

AZA Forex provides competitive spreads and diverse account options, making it a potentially attractive choice for traders seeking flexibility. However, the uncertain commissions fee structure deters some traders. Its best suited for experienced traders who prioritize low spreads and advanced trading tools over regulatory security.

FAQs

Is AZA Forex safe?

No, AZA Forex is not controlled, hence there is danger.

Is AZA Forex good for beginners?

Yes, for AZA Forex provides a Start account with a minimal minimum deposit and quite cheap spreads(0.0001).

Is AZA Forex good for day trading?

Yes, its competitive spreads and quick execution fit day traders.

Related broker

No Regulation
AzaForex
Company name:AZA PRO LLC
Score
1.50
Website:https://azaforex.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.50

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