AFFX-Overview of Minimum Deposit, Spreads & Leverage

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

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?

Account Type

AFFX Fees

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

Deposit and Withdrawal

AFFX only accepts payments via Pay Solutions, WinTech, and Tether.