AFFX

AFFX, operating under the domain affxprime.com, is a forex and CFD broker registered in Thailand. The company was founded on 26 August 2021, and its registered address is 6148 Klongtoey Nua, Wattana, Bangkok 10110. The broker markets itself under the brand 'Asia Future Trading' and positions itself as a trusted and professional trading provider.

The broker offers trading in multiple asset classes, including forex, metals, oil, indices, and cryptocurrencies. It provides the MetaTrader 5 (MT5) platform to its clients, along with demo accounts for those who wish to test the environment before committing real funds.

AFFX is not regulated by any financial authority. According to FXCanary's records, the broker has no regulators on file. The absence of regulation means there is no external oversight of the broker's operations, client fund handling, or dispute resolution processes. Traders considering AFFX should be aware that unregulated brokers carry significant risks, including potential loss of funds without legal recourse.

The broker's website makes claims about fund safety and being a '100% A Book Broker', but these assertions are not backed by any regulatory audit or independent verification. In FXCanary's assessment, the lack of regulation is a critical red flag, and the broker has been assigned a Scam Risk Score of 75/100 (Severe).

AFFX offers six distinct account types to cater to different trader profiles and capital levels. The Standard and Cent accounts have a low minimum deposit of $15, making them accessible for beginners or those wanting to start small. The Social and Social Cent accounts require $100, while the Zero account demands $1,000. The ECN account is the most premium, requiring a $10,000 minimum deposit.

All account types share a maximum leverage of 1:400, which is relatively high and can amplify both gains and losses. The broker claims tight spreads, with the average EUR/USD spread at 0.2 pips on the Zero account. The ECN account likely offers raw spreads with a commission, though specific commission details are not provided in the available information.

The broker exclusively offers the MetaTrader 5 (MT5) platform, a widely used trading platform known for its advanced charting tools, algorithmic trading capabilities, and multi-asset support. MT5 is available for desktop, web, and mobile devices, allowing traders to access the markets from anywhere.

In terms of tradable instruments, AFFX covers forex currency pairs, precious metals (such as gold and silver), crude oil, stock indices, and a selection of cryptocurrencies. This range allows traders to diversify their portfolios across different asset classes, though the exact number of instruments within each category is not specified.

The minimum deposit requirement varies by account type. The most accessible entry point is $15 for the Standard and Cent accounts, while the Social and Social Cent accounts require $100. The Zero account demands $1,000, and the ECN account requires a substantial $10,000. This tiered structure allows traders with different budgets to choose an account that suits their capital.

No specific information about funding methods (such as bank wire, credit cards, or e-wallets) is available from the known facts or the website snippet. Traders would need to contact AFFX directly or register to see the available deposit and withdrawal options. The lack of transparent funding information is another point of caution for potential clients.