Score
AzaForex
Saint Vincent and the Grenadines|2-5 years| https://azaforex.com/
Website
Rating Index
Influence
Influence
C
Influence index NO.1
Ireland 3.23Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Saint Vincent and the Grenadines
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
azaforex.com
Server Location
United States
Website Domain Name
azaforex.com
Server IP
184.154.13.150
Company Summary
AZA Forex, established in 2016 and based in the Marshall Islands, offers a variety of trading services with over 100 financial instruments, including Forex, commodities, indices, stocks, and cryptocurrencies. But meanwhile, the biggest downside of AZA Forex is it remains unregulated, which poses risks to traders' investment protection.
Pros and Cons
| Pros | Cons |
| High leverage up to 1000:1 | Uncertain Fee Structure(No specific commissions) |
| Low spreads from 0.00001 pips on ECN accounts | Limited market coverage (No futures) |
| Variety of account types, including Start,Pro,VIP,Demo Account |
Is AZA Forex Legit?
Found in the Marshall Islands, AZA Forex is an unlicensed broker. Although it provides innovative systems and certain trading services, the absence of control is risky to client's investment protection.
The official website of AZA Forex is set in 2016, but is prohibited now.
What Can I Trade on AZA Forex?
AZA Forex provides many different kinds of financial instruments in numerous spheres.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Futures | ❌ |
Account Types
Along with a Demo account, AZA Forex offers Start, PRO, and VIP accounts as among various live account options. It does not support Islamic accounts.
| Account Name | Min. Deposit | Spread | Commission | Leverage | Best For |
| Start | $1 | 0.0001 | No | Up to 1000:1 | New traders |
| PRO | $2,000 | 0.00004 | Yes | Up to 1000:1 | Experienced traders |
| VIP | $10,000 | 0.00001 | No | Up to 1000:1 | High-volume traders |
| Demo | - | - | No | - | Beginners (Virtual funds) |
AZA Forex Fees
Especially in terms of spreads and commissions, AZA Forex provides rather inexpensive fees when compared to industry norms.
AZA Forex Spreads and Commissions
Spreads differ among accounts; the VIP account has the lowest available range. The Start and VIP accounts do not incur commissions; the PRO account does.
| Account | Spreads | Commissions |
| Start | From 0.0001 | No |
| PRO | From 0.00004 | Yes |
| VIP | From 0.00001 | No |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Mobius Trader 7 | ✔ | Web, Windows, Mac, iOS, Android | Advanced traders need custom tools and strategies |
| MetaTrader 4 | ✔ | Web, Windows, Mac, iOS, Android | Beginners due to simplicity and widespread use |
| MetaTrader 5 | ✔ | Web, Windows, Mac, iOS, Android | Experienced traders requiring more advanced features like deeper market analysis and additional order types |
| TradingView | ❌ | - | - |
Deposit and Withdrawal
AZA Forex does not charge withdrawals or deposits fees. The kind of the account will determine the minimum deposit needed.
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Bank Transfer | $1 | No | Instant |
| Cryptocurrency | $1 | No | Instant |
| E-wallet | $100 | No | Varies |
| Credit/Debit Card | $300 | No | Varies |
Promotion
Promotions from AZA Forex range from up to a 25% Crypto Bonus to a 120% Loyalty Bonus and fee coverage for withdrawals. Rebates—a CD bonus for long-term investors—as well as free VPS services for VIP accounts help traders.
| Promotion | Details |
| Crypto Bonus | Up to 25% bonus when depositing funds with cryptocurrency. Minimum deposit from $5 up to $30,000. Can be used for margin requirements and trading. |
| Loyalty Bonus | 120% bonus on additional investments to increase working capital. Helps support margin requirements and protects against Stop Out. |
| CD Bonus | Long-term investors can withdraw from $200 to $2,000. Passive profit with no limitation on own funds and protection from Stop Out. |
| Rebate | Receive up to 30% of the spread or $50 per 1M USD traded. Supports margin requirements, with no restrictions on withdrawing rebates. |
| VPS Services | Free VPS for VIP accounts. Increases trading speed and ensures a stable connection with modern hardware, available 24/7. |
| Article Bonus | Earn a $10 no-deposit bonus for writing unique articles about forex. Unlimited number of articles and accounts. No hidden fees or commissions. |
| Fee Coverage | AZA covers deposit fees from $100 for E-wallets and cryptocurrency, $300 for cards, and $1,000 for bank transfers through exchanges. |
Customer Support
AZA Forex offers sufficient channels of 5/24 client support. Some users still want 7/24 availability even if the support is sufficient.
| Contact Options | Details |
| Phone | +44 7700 100833 |
| info@azaforex.com | |
| Support Ticket System | ✔ |
| Online Chat | ✔ |
| Social Media | Telegram: @azaforex |
| Supported Languages | English |
| Website Language | English |
| Physical Address | Trust Beach Lodge Apartment, Marshall Islands |
| Live Chat | ✔ |
| Contact Form | ✔ |
The Bottom Line
AZA Forex provides competitive spreads and diverse account options, making it a potentially attractive choice for traders seeking flexibility. However, the uncertain commissions fee structure deters some traders. Its best suited for experienced traders who prioritize low spreads and advanced trading tools over regulatory security.
FAQs
Is AZA Forex safe?
No, AZA Forex is not controlled, hence there is danger.
Is AZA Forex good for beginners?
Yes, for AZA Forex provides a Start account with a minimal minimum deposit and quite cheap spreads(0.0001).
Is AZA Forex good for day trading?
Yes, its competitive spreads and quick execution fit day traders.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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FX3550740498
Netherlands
I just took random short-term 30 sec trades I know I lose, but it helps for evidence purposes. Repeatedly I said 5 minutes, till 30 seconds trades are all manipulated and without a miracle impossible to win. With such big price manipulation and Scams. Look at this live example I took: how AZAForex manipulated and stole all my money. Option: EUR/USD *Initial trade Open price: 1.08295 *Manipulated Open Trade close price 1.08307 *📈 Correct Chart close price 1.08286 👉PLEASE Pay Attention now: If Close price differences b/n the manipulated open option trade 1.08307 minus the correct chart close price 1.08286 gives us a 21 price difference. If AZAForex was a reliable platform and not manipulated, the close price on the correct chart reading 1.08286 must be the same as the open option trade close price. This means the Manipulated 1.08307 price must also close at chart reading price point 1.08286. 👉PLEASE pay attention again here: If the price was not manipulated and the open option trade close price was the same as the correct chart close price that is 1.08286 AND THEN See above my initial strike point price of 1.08295 and the trade TYPE was Sell/Put the trade would have been WIN!! Due to this trade manipulation, I lost. *Trade type: 30 second Trade close time: 15,32.07 Yes, this is how this thieving illegal AZAForex organization steals people's money. I have been able to prove his illegality and theft time and time again. This was the exact information the screen showed before the trade ended: #ID: 2161813 (A) Open Price: 1.08336 #ID: 2161811 (B) Open Price: 1.08330 As soon as the trade ended, however, the numbers were changed and counted. The Open Price (A) number rose to 1.08349 and The Open Price (B) number moved higher to 1.08343. Take a good look at the screen evidence. This is how they blatantly cheat. ONLY after-hours trades where the fraudulent staff are not live will likely yield results. There is blatant fraud everywhere the survivors work.
Exposure
07-09
FX2298113204
Mexico
They did not let me withdraw more than $400 that I had in my account. The person made fun of me, because when I try to withdraw, it goes out of the account. my investment at the beginning was 600 pesos, and also the customer service they have is very bad
Exposure
2022-02-28
FX2943651916
Mexico
I deposited $500 and was unable to withdraw. They took my money away. Will they be punished?
Exposure
2021-08-10
FX1354276292
Cambodia
Reliable company! I had a very good impression of the company. A large selection of trading instruments, and high speed of order execution - that's what I like about AzaForex. In addition good analytics on the website.
Positive
2023-03-10