
7 Relentless Exposures of AAFX Trading Why It’s a Crypto Scam Hazard
7 Relentless Exposures of AAFX Trading Why It’s a Crypto Scam Hazard
-
CFTC Red List Status Signals Unregistered Activity
The U.S. Commodity Futures Trading Commission has placed AAFX Trading on its RED list, identifying it as an entity offering forex services in a manner that requires registration yet is not registered. This status is not a casual warning — it is a formal regulatory alert that AAFX is operating in a legal gray zone, bypassing oversight that protects traders.
-
Expert Analysts Reject Its Trustworthiness
Broker safety evaluators publicly state they would not trust AAFX Trading. A key reason: it lacks regulation by any major, credible financial authority. Without enforceable oversight, your funds are not held to safe standards. One safety review bluntly warns that the broker’s regulatory claims are weak and that using it means exposing money without real protection.
-
Public Forums Describe Account Wipes & Trade Manipulation
On Forex Peace Army and other trading forums, multiple users claim that AAFX manipulated their MT4 accounts. Some report that after requesting withdrawals, their entire balances were wiped out by “invalid trades” or “system errors.” Others state that trades closed at arbitrary prices or accounts were terminated without notice. One user says they lost over 20,000 USD from two accounts after requesting a mid-size withdrawal.
-
Trustpilot Reviews Reveal Deep Discontent & Accusations of Fraud
While some reviews claim positive experiences, many are scathing. One commenter states that reviews are “mostly fake,” and calls AAFX “horrible, dishonest, scam broker” citing inflated spreads and criminally slow execution. Another said they made gains, attempted withdrawal, then the broker shut down their account and threatened legal action for speaking out. These stories echo classic patterns of brokers that operate until profits rise, then block exits.
RECLAIM ALL
-
Regulation Claims Are Misleading & Misplaced
AAFX asserts it is registered in Saint Vincent & the Grenadines under AAFXTRADING COMPANY LTD. However, SVGFSA (the authority in SVG) does not issue forex or brokerage licenses, only business entity registrations. Thus, the claim of regulation is misleading. Meanwhile, Hong Kong’s SFC had previously listed it as unauthorized, and the CFTC’s action further undercuts any credibility. Its “license” is more a veneer than a shield.
-
Recovery Warnings & Scam Exposure by BrokerWatch Sites
BrokersView, a dedicated broker rating site, outright labels AAFX as a
scam. It lists multiple violations: operating without legitimate license, alerts from Hong Kong regulatory bodies, and repeated complaints about fund inaccessibility. It warns investors that money placed with AAFX is not safe and cannot be legally protected in many jurisdictions.
- Some Users Report Initial Success, But Later Blockades
Some MyFxBook or platform reviews say they traded with AAFX for years and had few issues at the start — fast execution, acceptable spreads, successful withdrawals. But those experiences often change when accounts grow. One user said AAFX stopped accepting U.S. clients and disabled some deposit options. Another reported that after profits rose, withdrawal features glitched or requests were delayed indefinitely. That shift — from functional to hostile — is textbook scam escalation.
Conclusion — AAFX Trading: A Crypto Scam You Must Reclaim From
AAFX Trading is not a broker with occasional shortcomings — it is a broker whose foundational elements are built to extract, block, and vanish profits. It holds no meaningful regulation, is flagged by the CFTC, and is labeled “scam” by broker analysts. User stories of frozen accounts, wiped balances, and manipulation are consistent and disturbing.
In crypto and forex, your broker is your partner — but only if it honors the path out. AAFX’s business model appears to favor capital inflow above all, then rearranges rules when a trader seeks to exit. That is not error, it’s design.
If you have funds in AAFX, treat it as a crypto reclaim priority. Immediately:
- Initiate a small withdrawal request and document every step
- Record all emails, screenshots, trading logs, and communication
- Report the case to regulators, consumer agencies, and fraud bodies
- Avoid paying any “unlock” or “tax” fees they demand
- Warn others publicly and share your story
Use this broker as a stark example: no matter how advanced a trading platform or how polished a site, without verifiable regulation and proven withdrawal history, you are at risk. AAFX does not meet those essential criteria — it fails integrity where it matters most.
Do not trust it; fight it.