Abstract:A1FX, founded in 2006, is an old brokerage registered in Turkey. The trading instruments it provides cover Indices, currency pairs, commodities. It provides 4 types of accounts. It is unregulated.
A1FXReview Summary | |
Founded | 2006 |
Registered Country/Region | Turkey |
Regulation | No regulation |
Market Instruments | Indices, currency pairs, commodities |
Account Type | Standard Account, Special Account, PRO Account, VIP Account |
Demo Account | ✔ |
Trading Platform | MT5 |
Min Deposit | $1500 |
Customer Support | Phone: +90 850 532 32121;+90 530 167 6623;90 212 371 1818;+90 212 371 1800; |
Email: info@a1fx.com | |
Physical Address: Esentepe District, Buyukdere Street, 1st Levent Plaza, No: 173, Floor 5, Sisli / Istanbul |
A1FX, founded in 2006, is an old brokerage registered in Turkey. The trading instruments it provides cover Indices, currency pairs, commodities. It provides 4 types of accounts. It is unregulated.
Pros | Cons |
Lots of instruments | No regulation |
Demo account available | The minimum deposit is too high |
It is clear that A1FX is currently unregulated.
A1FX offers traders the opportunity to trade forex pairs, commodities, stocks, cryptocurrencies, indices.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Stocks | ✔ |
Cryptocurrencies | ✔ |
Indices | ✔ |
Futures | ❌ |
Options | ❌ |
A1FX offers 4 different types of accounts to traders - Standard Account, Special Account, PRO Account, VIP Account. It also provides demo accounts. Standard Account's minimum deposit is the lowest - $1500. VIP Account's minimum deposit is the highest - $50000. It also provides demo accounts.
Account Type | Standard Account | Special Account | PRO Account | VIP Account |
Leverage | 1:10 | 1:10 | 1:10 | 1:10 |
Spreads | Dinamik | Dinamik | Tighter Spreads | Tightest Spreads |
Minimum Deposit | $1500 | $5000 | $15000 | $50000 |
Commissions | $0 | $0 | $0 | $0 |
SWAPs | $0 | $0 | $0 | $0 |
A1FX claims to charge no commissions and swaps. Standard Account's spreads and Special Account's spreads are dinamik. PRO Account's spreads are tighter than Standard Account's and Special Account's spreads. VIP Account's spreads are the lowest.
A1FX's trading platform is MT5 Margin WebTrader, which supports traders on web and mobile.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 Margin WebTrader | ✔ | Web, Mobile | Proficient |
MT4 | ❌ |
A1FX provides accounts of 8 banks - Garanti Bank, Vakif Bank, Deniz Bank, Takas Bank, and so on. Traders can Deposit and withdraw money from these accounts.
Forex broker scams continue to evolve, employing new tactics to appear credible and mislead unsuspecting traders. Identifying these fraudulent schemes requires vigilance and strategies beyond the usual advice. Here are five effective methods to help traders assess the legitimacy of a forex broker and avoid potential pitfalls.
Doo Financial, a subsidiary of Singapore-based Doo Group, has expanded its regulatory footprint by securing new offshore licenses from the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).
A new programme has been launched by CFI to address the growing need for transparency and awareness in online trading. Named “Trading Transparency+: Empowering Awareness and Clarity in Trading,” the initiative seeks to combat misinformation and equip individuals with resources to evaluate whether trading aligns with their financial goals and circumstances.
The Royal Malaysia Police (PDRM) has received 26 reports concerning the Nicshare and CommonApps investment schemes, both linked to a major fraudulent syndicate led by a Malaysian citizen. The syndicate’s activities came to light following the arrest of its leader by Thai authorities on 16 December.