Score

1.32 /10
Danger

AquaFX

Singapore

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Regulatory Index0.00

Business Index5.54

Risk Management Index0.00

Software Index4.00

License Index0.00

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No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Broker Information

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Company Name

Silverskills

Company Abbreviation

AquaFX

Platform registered country and region

Singapore

Company website

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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AquaFX · Company summary
AquaFXReview Summary
Founded2022-11-24
Registered Country/RegionSingapore
RegulationUnregulated
Market InstrumentsForex, Metals, Indices, Energies, and Cryptocurrencies
Demo Account
LeverageUp to 1:1000
SpreadStarting from 1 pips
Trading PlatformAquaFX
Min Deposit$10
Customer SupportPhone:UK +357 22030234USA +357 22030234IND +91 357 220302
Email:sales@AquaFX.com
Online Chat
Twitter: https://twittercom/Aquafx 7? t=9EwIr-r3QA8135A4TLz6Xw&s=08Facebook: https://www.facebook.com/people/Aqua fx/100089837567639/? mibextid=ZbWKwlInstagram: https://instagram.com/aquaf x? igshid=ZDdkNTZiNTM=YouTube: https://youtube.com/@aquafx5404Linkedin: https://www.linkedin.com/company/aqua-fx11we/

AquaFX Information

AquaFX is a broker that provides various trading products involving forex, metals, indices, energies, and cryptocurrencies. At AquaFX, traders can open 3 real accounts, such as Classic, STANDARD, and ECN Royale. These accounts offer commission-free, spreads as low as 1 pips, and 24/7 professional customer support and assistance. However, this broker offers leverage up to 1:1000 and is not regulated.

AquaFX Information

Pros and Cons

Pros Cons
Various trading tools including forex, metals, indicesUnregulated
Demo account availableNo MT4/MT5
Leverage up to 1:1000No online Islamic account
Spread as low as 1 pipsLittle information on deposits and withdrawals
24/7 Customer Support
50% Stop Loss
Commission free

Is AquaFX Legit?

AquaFX is not regulated, which means that traders trading safety here will not be guaranteed by formal regulatory agencies.

Is AquaFX Legit?
Is AquaFX Legit?

What Can I Trade on AquaFX?

AquaFX offers various trading instruments, mainly consisting of forex, metals, indices, energies, and cryptocurrencies. Next, a brief introduction to these products.

Metals: Prudent traders can also choose precious metals such as gold or silver to resist market price fluctuations.

Indices: AquaFX provides major global stock market indices, including the S&P 500 Index, FTSE 100 Index, Nikkei 225 Index, etc.

Energies: Energy includes oil and natural gas. Traders are generally optimistic about their potential opportunities.

Cryptocurrencies and Forex: Cryptocurrencies and Forex have always been popular among traders. Cryptocurrencies offered by AquaFX include Bitcoin, Ethereum, Litecoin, etc.

Tradable Instruments Supported
Forex
Metals
Indices
Cryptocurrencies
Energies
Shares
ETFs
Bonds
Mutual Funds

Account Type

AquaFX provides account types: Classic, STANDARD, and ECN Royale for different traders. All three real accounts have leveraged up to 1:1000. The minimum amounts for Classic, STANDARD, and ECN Royale are $10, $500, and $2500 respectively.

Account Type(REAL)ClassicStandardECN Royale
Minimum Amount$10$500$2500
Minimum Trading Volume0.010.010.01
Swap Free AccountYesYesYes
Spread Starts from1.8 pips1.5pips1pips
Pips CommissionNoNoNo
Leverage1:10001:10001:1000
Account Currency TypesUSDUSDUSD
Margin Call70%70%70%
Stop Out50%50%50%
Order Executioninstant Executioninstant Executioninstant Execution
Account Type
Account Type
Account Type

AquaFX Fees

AquaFX's spreads are as low as $1, and the account is free of commissions and swap fees, which will reduce traders' investment costs. Traders need to understand that the minimum spreads for Classic, STANDARD, and ECN Royale are 1.8pips, 1.5pips, and 1pips respectively.

Leverage

AquaFX provides leverage up to 1:1000 depending on the account and product instrument. High leverage means that investors will bear greater property loss risk.

Deposit and Withdrawal

AquaFX did not explain more information about deposits and withdrawals. The only relevant information is that the Minimum Amount is $10.

Customer Support Options

AquaFX provides 24/7 customer support, contact methods include phone, email, and online. In addition, traders can also learn about AquaFX through social media, such as Facebook, Twitter, Instagram, YouTube, and Linkedin.

Contact Options Details
Phone UK +357 22030234USA +357 22030234IND +91 357 220302
Email sales@AquaFX.com
Online Chat
Social Media Twitter: https://twittercom/Aquafx 7? t=9EwIr-r3QA8135A4TLz6Xw&s=08Facebook: https://www.facebook.com/people/Aqua fx/100089837567639/? mibextid=ZbWKwlInstagram: https://instagram.com/aquaf x? igshid=ZDdkNTZiNTM=YouTube: https://youtube.com/@aquafx5404Linkedin: https://www.linkedin.com/company/aqua-fx11we/
Supported Language English
Website Language English
Physical Address Suite 305, Griffith Corporate CentreBeachmont, Kingstown, St Vincent and The Grenadines
Customer Support Options

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MAHIPAL BIKUNDIA
more than one year
THIS COMPANY IS THE BEST FOR FOREX MARKET,IN THIS THE SUPPORT TEAM SUPPORTS ANY TIME TO HELP THE CUSTOMER AND SOLVE ANY PROBLEM IN A VERY SHORT TIME
THIS COMPANY IS THE BEST FOR FOREX MARKET,IN THIS THE SUPPORT TEAM SUPPORTS ANY TIME TO HELP THE CUSTOMER AND SOLVE ANY PROBLEM IN A VERY SHORT TIME
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2023-06-08 18:18
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Pooja Sharma
more than one year
GREAT WORK FOR FOREX TEDERS WITH 24/7 CUSTOMER SUPOORT WITH LEARNING & SET OUR FUTURE EARNING GOAL.
GREAT WORK FOR FOREX TEDERS WITH 24/7 CUSTOMER SUPOORT WITH LEARNING & SET OUR FUTURE EARNING GOAL.
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2023-06-06 17:14
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