Score
AzaForex
Saint Vincent and the Grenadines|2-5 years| https://azaforex.com/
Website
Rating Index
Influence
Influence
C
Influence index NO.1
Ireland 3.23Surpassed 32.87% brokers
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+44 7723399001
Other ways of contact
Broker Information
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AZA PRO LLC
AzaForex
Saint Vincent and the Grenadines
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 500:1 |
| Minimum Deposit | 10,000 USD |
| Minimum Spread | 0.0001 |
| Products | Forex - 39 Forex ECN - 9 Forex fix spread - 13 Currency exchange - 3 Precious Metals - 5 Energies - 3 CFD Indices - 6 CFD Stocks - 27 Cryptocurrency - 6 Binary Options - 109 |
| Currency | -- |
|---|---|
| Minimum Position | 0.0001 lots |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 500:1 |
| Minimum Deposit | 2,000 USD |
| Minimum Spread | 0.00001 |
| Products | Forex - 39 Forex ECN - 9 Forex fix spread - 13 Currency exchange - 3 Precious Metals - 5 Energies - 3 CFD Indices - 6 CFD Stocks - 27 Cryptocurrency - |
| Currency | -- |
|---|---|
| Minimum Position | 0.0001 lots |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1000:1 |
| Minimum Deposit | 1 USD |
| Minimum Spread | 0.00001 |
| Products | Forex - 39 Forex ECN - 9 Forex fix spread - 13 Currency exchange - 3 Precious Metals - 5 Energies - 3 CFD Indices - 6 CFD Stocks - 27 Cryptocurrency - 6 Binary Options - 109 |
| Currency | -- |
|---|---|
| Minimum Position | 0.0001 lots |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
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- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
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- Underlying Risk
Capital
$(USD)
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AzaForex · Company Summary
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
| Pros | Cons |
| High leverage up to 1000:1 | Uncertain Fee Structure(No specific commissions) |
| Low spreads from 0.00001 pips on ECN accounts | Limited 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.
The official website of AZA Forex is set in 2016, but is prohibited now.
What Can I Trade on AZA Forex?
AZA Forex provides many different kinds of financial instruments in numerous spheres.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Futures | ❌ |
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 Name | Min. Deposit | Spread | Commission | Leverage | Best For |
| Start | $1 | 0.0001 | No | Up to 1000:1 | New traders |
| PRO | $2,000 | 0.00004 | Yes | Up to 1000:1 | Experienced traders |
| VIP | $10,000 | 0.00001 | No | Up to 1000:1 | High-volume traders |
| Demo | - | - | No | - | Beginners (Virtual funds) |
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.
| Account | Spreads | Commissions |
| Start | From 0.0001 | No |
| PRO | From 0.00004 | Yes |
| VIP | From 0.00001 | No |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Mobius Trader 7 | ✔ | Web, Windows, Mac, iOS, Android | Advanced traders need custom tools and strategies |
| MetaTrader 4 | ✔ | Web, Windows, Mac, iOS, Android | Beginners due to simplicity and widespread use |
| MetaTrader 5 | ✔ | Web, Windows, Mac, iOS, Android | Experienced traders requiring more advanced features like deeper market analysis and additional order types |
| TradingView | ❌ | - | - |
Deposit and Withdrawal
AZA Forex does not charge withdrawals or deposits fees. The kind of the account will determine the minimum deposit needed.
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Bank Transfer | $1 | No | Instant |
| Cryptocurrency | $1 | No | Instant |
| E-wallet | $100 | No | Varies |
| Credit/Debit Card | $300 | No | Varies |
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.
| Promotion | Details |
| Crypto Bonus | Up 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 Bonus | 120% bonus on additional investments to increase working capital. Helps support margin requirements and protects against Stop Out. |
| CD Bonus | Long-term investors can withdraw from $200 to $2,000. Passive profit with no limitation on own funds and protection from Stop Out. |
| Rebate | Receive up to 30% of the spread or $50 per 1M USD traded. Supports margin requirements, with no restrictions on withdrawing rebates. |
| VPS Services | Free VPS for VIP accounts. Increases trading speed and ensures a stable connection with modern hardware, available 24/7. |
| Article Bonus | Earn a $10 no-deposit bonus for writing unique articles about forex. Unlimited number of articles and accounts. No hidden fees or commissions. |
| Fee Coverage | AZA covers deposit fees from $100 for E-wallets and cryptocurrency, $300 for cards, and $1,000 for bank transfers through exchanges. |
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 Options | Details |
| Phone | +44 7700 100833 |
| info@azaforex.com | |
| Support Ticket System | ✔ |
| Online Chat | ✔ |
| Social Media | Telegram: @azaforex |
| Supported Languages | English |
| Website Language | English |
| Physical Address | Trust Beach Lodge Apartment, Marshall Islands |
| Live Chat | ✔ |
| Contact Form | ✔ |
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.
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