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About company
ECN broker AzaForex was established in 2016 in Saint Vincent and the Grenadines. At the time of writing, there is no regulatory authority.
The competitive advantages of the company are: popular liquid trading instruments with quotes from the largest first-level liquidity providers, trading without any restrictions and broker intervention, instant execution of orders even during news, cashback up to 30% of the spread of the traded volume, payment system commission coverage for deposits over $100, professional trading terminal Mobius Trader 7, broker analytics with many years of experience, high leverage, decent bonuses, no slippage, no delays, no requotes, tight spreads, competitive bonuses that increase the account balance.
Trading conditions
The broker provides access to the following types of trading accounts: Start Account ($1). Pro Account ($2000), Vip Account ($10,000). A demo account is also available for free use, so that novice traders can test trading strategies in conditions close to the real one. AzaForex provides access to the following assets for trading: precious metals, cryptocurrency, energy resources, Forex. To start trading, you need to register a trading account and make a minimum deposit of $1. The broker's website has a section with educational materials: trading terminology and a guide to online trading, a trader's blog, a FAQ section, a guide to the trading platform. The section of trader's tools is also available to the company's clients: graphical tools and strategies, Virtual Private Server service, indicators, daily trading analytics and recommendations, economic calendar. Among other things, bonuses from the broker are available to traders: a CD bonus up to $2000 and a bonus for a promotional article on the Internet, a 120% loyalty bonus, a crypto bonus up to 25% when depositing funds in cryptocurrency. Clients can also become members of the Introducing Broker affiliate program.
Trading platforms
AzaForex cooperates with the developer of trading platforms Mobius Soft Ltd. and provides its clients with access to the Mobius Trader 7 trading platform. The web terminal and mobile application are also available free of charge.
Technical support
The customer service works 24/5 and processes all requests by phone +447723399001, email support@azaforex.com. There are technical support accounts in instant messengers and social networks.
Deposits/Withdrawals
Clients can withdraw profits or fund their trading account in the following ways: Wire Transfer, Bank Card, Cryptocurrency, Skrill, Neteller.
Trader reviews
There are quite a lot of reviews about this company on the Internet. There are both positives and negatives. Main complaints: slow withdrawal of funds, lack of a regulatory body.
Broker Advantages
- Affiliate program
- Small minimum deposit
- Wide range of assets
- Bonuses for traders
Broker Disadvantages
- Lack of regulator
- Registration in an offshore zone
Conclusion
Regardless of the beautiful websites of brokers or promises of big profits, always carefully check all the details: the reputation of the company, the broker's trading experience, real trading conditions, the presence of a reliable regulator, truthful reviews of traders and statutory documents on the company's website. This review is not a recommendation or advice.
