AFFX-Overview of Minimum Deposit, Spreads & Leverage
Abstract：An unregulated Thai broker, AFFX offers trading in forex, stocks, indexes, commodities, and cryptocurrencies. It provides MT5 platform and demo accounts to trade. AFFX's leverage is up to 1:400, the average EUR/USD spread is 0.2 pips. Demo accounts are available and the minimum deposit requirement to open a live account is 100 USD.
| AFFX Review Summary | |
| Founded | 2021 |
| Registered Country/Region | Thailand |
| Regulation | No regulation |
| Market Instruments | Forex, stocks, indexes, commodities, cryptocurrencies |
| Demo Account | ✅ |
| Leverage | Up to 1:400 |
| EUR/USD Spread | Average 0.2 pips |
| Trading Platform | MT5 |
| Social Trading | ✅ |
| Min Deposit | $100 |
| Customer Support | Tel: +852 39570742 |
| Email: info@affxprime.com | |
| Line: @affxth | |
| Facebook, Twittter, Instagram, and Youtube | |
| Company address: A68,3F, Manning Industrial Building,116-118 How Ming St, KwunTong, Hong Kong SAR | |
| Regional Restrictions | The United States of America, European Countries, the Islamic Republic of Iran and Israel |
An unregulated Thai broker, AFFX offers trading in forex, stocks, indexes, commodities, and cryptocurrencies. It provides MT5 platform and demo accounts to trade. AFFX's leverage is up to 1:400, the average EUR/USD spread is 0.2 pips. Demo accounts are available and the minimum deposit requirement to open a live account is 100 USD.
Pros and Cons
| Pros | Cons |
| Various trading products | Regional restrictions |
| Demo accounts | No regulation |
| Cent account offered | No popular payment options |
| Multiple account types | |
| Commissio-free for most accounts | |
| Tight EUR/USD spread | |
| MT5 support | |
| Social trading |
Is AFFX Legit?
No, AFFX has no legal license. Regulated status means a safer investment; conversely, an unregulated trader must be aware of investment risks.
What Can I Trade on AFFX?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Indexes | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit |
| Standard | $15 |
| Social | $100 |
| Cent | $15 |
| Social Cent | $1,000 |
| ECN | $10,000 |
| ZERO | $1,000 |
AFFX Fees
| Account Type | Spread | Commission for FOREX, Metal, Oil, Indices | Commission for Crypto |
| Standard | From 2.0 pips | ❌ | |
| Social | |||
| Cent | ❌(FOREX and Metal only) | Not applicable | |
| Social Cent | |||
| ECN | From 0.0 pips | $3 per lot per side | 0.04% per side |
| ZERO | $3.5 per side | ||
Leverage
AFFX offers leverage up to 1:400 for all account types. Leverage magnifies the returns from favorable movements in a currency's exchange rate. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Mac, Windows, Web Terminal | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
AFFX only accepts payments via Pay Solutions, WinTech, and Tether.
Read more
WikiFX Review: Is Ultima Markets Legit?
Ultima Markets has played a significant role in the forex trading industry for decades. WikiFX created a comprehensive review to help you better understand this broker. We will analyze its reliability based on specific information, regulations, etc. Let’s get into it.
WikiFX Review: Is FXTRADING.com still reliable?
FXTRADING.com is an online brokerage firm that offers trading services for various financial instruments such as forex, cryptocurrencies, shares, commodities, spot metals, energies, and indices. WikiFX has comprehensively reviewed this broker by analyzing its regulations, specific information, etc. so that you have a deep understanding of this broker.
Financial Educator “Spark Liang” Involved in an Investment Scam?!
A 54-year-old foreign woman lost her life savings of RM175,000 to an online investment scam that promised high returns within a short timeframe. The scam was orchestrated through a Facebook page named "Spark Liang."
Why is there so much exposure against PrimeX Capital?
In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.
WikiFX Broker
Latest News
AIMS Broker Review
WikiFXThe Hidden Checklist: Five Unconventional Steps to Vet Your Broker
WikiFXRussia to Fully Ban Crypto Mining in 10 Regions Starting January 1, 2025
WikiFXYAMARKETS' Jingle Bells Christmas Offer!
WikiFXWhy is there so much exposure against PrimeX Capital?
WikiFXTwo Californians Indicted for $22 Million Crypto and NFT Fraud
WikiFXWikiFX Review: Is Ultima Markets Legit?
WikiFXColorado Duo Accused of $8M Investment Fraud Scheme
WikiFXMTrading’s 2025 "Welcome Bonus" is Here
WikiFXFCA's Warning to Brokers: Don't Ignore!
WikiFXRate Calc
