AZAforex Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Mobius Trader 7
- 2012
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Mobius Trader 7
- 2012
Our Evaluation of AZAforex
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
AZAforex is a high-risk broker with the TU Overall Score of 2.31 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by AZAforex clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. AZAforex ranks 379 among 414 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
The broker is suitable for novice traders who are prepared to improve their skills on a real account with minimum risk.
Brief Look at AZAforex
AZAforex is a brokerage company that provides its clients with a modern Mobius Trader 7 trading terminal for all devices, fast order execution with a speed of 0.1 seconds and tight spreads. Additionally, the broker's clients can use the transfer service between accounts with exchange at market spreads. AZAforex offers ECN trading with fixed spreads. Also, the broker's clients can trade on the following instruments: Forex, CFDs, indices, energies and binary options. On the AZAforex website, daily trading recommendations are published for clients, bonuses, investment programs are available: PAMM and trust management, an affiliate program with high commission rates. Also, AZAforex clients receive a personal manager, unlimited access to training materials and round-the-clock support service 24/5.
- Flexible approach to incentivizing traders. The incentive instruments feature the broker’s own rebate, several types of bonuses, free analysis of strategies, trading signals, etc.
- Access to trading CFDs and binary options.
- Attractive conditions for the start: minimum deposit is USD 1 and leverage is up to 1:1000.
- Not licensed by regulators.
- Metatrader trading platforms that feature most expert advisors and indicators are not available. The broker offers a proprietary platform written in the JS language.
AZAforex Summary
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | Mobius Trader 7 (Desktop, Web, iOS, Android, Linux) |
|---|---|
| 📊 Accounts: | START, PRO, VIP |
| 💰 Account currency: | USD, EUR, GBR, JPY, AUD, CAD, CHF, NZD, UAH, RUB, CNY, ILS, IDR, MYR, THB, VND, BTC, BCH, ETH, DASH, LTC, XMR |
| 💵 Replenishment / Withdrawal: | Bitcoin BTC, Bitcoin Cash BCH, Ethereum ETH, Dashcoin DASH, Litecoin LTC, Tether USD - ERC20 USDT, Visa/MasterCard, Bank Transfer, Advacash, Skrill, Neteller, FasaPay, Bitcoin, Capitalist, Kuna, Payeer |
| 🚀 Minimum deposit: | 1 USD |
| ⚖️ Leverage: | Up to 1:1000 |
| 💼 PAMM-accounts: | Yes |
| 📈️ Min Order: | $10 or 0.0001 |
| 💱 Spread: | From 0.00001 pips |
| 🔧 Instruments: | Forex, Forex ECN, Energies, CFD Indices, CFD Stocks, Cryptocurrency, Binary Options |
| 💹 Margin Call / Stop Out: | 10-100% / 5% |
| 🏛 Liquidity provider: | HSBC, UBS, Barclays, Credit Susse, Commerzbank, JP Morgan Chase, Nomura |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market execution |
| ⭐ Trading features: | 0.01 second order execution, free trading without delays, no requotes and no freeze levels. |
| 🎁 Contests and bonuses: | Crypto bonus up to 25%, CD bonus from 200 to 2000 USD, Loyalty bonus 120%, no deposit bonus for each unique article. |
AZAforex Key Parameters Evaluation
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Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Start | USD 10 | no |
| Pro | USD 4 | no |
| VIP | USD 1 | no |
Experts also performed a comparison of the actual spread charged by Aza Forex on the EUR/USD currency pair at minimum volatility on the Start account and the actual spread of other brokers.
| Broker | Average commission | Level |
|---|---|---|
|
$12 | |
|
$1 | |
|
$8.5 |
Investment Options
Investment programs of the broker are not listed as a separate category. Aza Forex offers a symbiosis of PAMM accounts and social trading as investment products:
the service provides an opportunity to copy trades of traders or invest in strategies of one or several managers.
the broker forms the rating of managers, where users can see the managed amount, return, the ratio of invested money and own funds, the fees from profitable trades, number of investors and traders that copy signals, and the position in the rating.
each account shows information on equity, conditions of investing, trading statistics, etc.
The drawback of the service is the lack of risk management instruments.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Aza Forex Partnership program
The broker offers the following types of partnership programs:
Sub Partnership. Attract partners with a network of referrals from all around the world and get up to 10% of their fees.
Introducing Broker. This is a standard program for everyone. The broker offers several business models of rewards and free marketing tools: promo code generators, banners, logos, ready-made lending pages.
The broker also offers assistance to partners 24/5 and special offers for sub-partners.
Comparison of AZAforex with other Brokers
| AZAforex | RoboForex | Pocket Option | Exness | IC Markets | 4XC | |
| Trading platform |
Mobius Trader 7 | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, cTrader, MT5, TradingView | MT5, MT4, WebTrader |
| Min deposit | $1 | $10 | $5 | $10 | $200 | $50 |
| Leverage |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:1 to 1:500 |
| Trust management | Yes | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0 points | From 0 points | From 1.2 point | From 1 point | From 0 points | From 0 points |
| Level of margin call / stop out |
10% / 5% | 60% / 40% | 30% / 50% | No / 60% | 100% / 50% | 100% / 50% |
| Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution |
| No deposit bonus | $10 | No | No | No | No | $50 |
| Cent accounts | Yes | Yes | No | No | No | No |
User Satisfaction