AZAforex Review 2025

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  • Min Deposit: $1
  • Bonus: 25% Crypto Deposit Bonus, 120% Loyalty Bonus, 30% Spread Rebate
  • Payout: 90
  • Demo Account: Yes
  • Expiry Times: 30 seconds - 1 day
Country Flag Traders from United States welcome
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AZAforex is best suited to active traders looking for a choice of American and Chinese options, with different payout structures to standard high/low options. It’s also excellent for mobile traders, offering a dedicated app that provides a more comprehensive experience if you’re trading on the go compared to the mobile-optimized web browsers most firms use.

AZAforex offers competitive conditions for short-term binary traders. Payouts are high at 90% on popular assets and the $1 minimum investment is accessible for beginners. There’s also a range of low-cost deposit options. On the downsides, AZAforex is effectively unregulated, while support is slow in our experience and you can’t trade binaries on stocks or crypto. Dig into the full results of our AZAforex tests.

Pros & Cons

Pros

  • Payouts hit up to 90% on assets including currency pairs, with 1 day options offering the most.
  • Binary contracts start from 30 seconds, catering to ultra-short-term trading strategies.
  • A below average minimum deposit of $1, lowering the entry barrier for new binary traders.
  • Strong choice of convenient payment methods including e-wallets and cryptos like Bitcoin.

Cons

  • The platform trails alternatives like Capitalcore with an outdated design and weak charting package.
  • Customer support performed badly during our latest round of tests, with slow and unhelpful responses.
  • AZAforex is based offshore, operating with limited regulatory oversight, reducing trader protections.

Company Details

AZAforex Pro LLC was established in 2016 and is based in the Marshall Islands.

It claims to use segregated client accounts, keeping traders’ funds separate from business capital, helping to prevent misuse.

However, AZAforex is not regulated by a trusted body from BinaryOptions.net’s database of financial regulators. While not uncommon in the binary options industry, using an unregulated broker raises the risks as you may have no access to an ombudsman to resolve disputes or compensation schemes.

Accounts

AZAforex offers binary options trading on all three of its accounts: Start, Pro and VIP.

The accounts differ by their minimum deposits – $1 for Start, $2,000 for Pro and $10,000 for VIP – with the higher-tier accounts offering more favorable spreads.

Besides spreads, the Pro and VIP accounts have a wider range of CFDs than the Start account, including 9 currency pairs that can be traded via ECN execution and 11 currency pairs that can be traded with fixed spreads.

Importantly, the jump from the 1.1-pip minimum spread on the Start account to the 0.5-pip minimum on the Pro account is quite significant, so active traders who can afford the minimum deposit may prefer the Pro account. However, the 0.3-pip minimum on the VIP account requires a $10,000 minimum deposit, which may be out of reach for many beginners.

Besides this, the payouts and most other features are the same for all three account types. This extends to the multiple base currencies, which include BTC, BCH, ETH, GBP, USD, EUR, JPY, AUD, CAD, CHF, and NZD.

Start

  • Execution: Market
  • Minimum Deposit: $1
  • Spreads: 1.1-pip minimum
  • Binary Options: 59

Pro

  • Execution: Market, ECN
  • Minimum Deposit: $2,000
  • Spreads: 0.5-pip minimum
  • Binary Options: 60

VIP

  • Execution: Market, ECN
  • Minimum Deposit: $10,000
  • Spreads: 0.3-pip minimum
  • Binary Options: 60

How To Open An AZAforex Account

I didn’t have any issues signing up for an AZAforex account. It took me less than 5 minutes by following these steps:

  1. Choose which account you would like to open
  2. Enter basic personal details; your first and last name, email address, and phone number, and create a password
  3. Once this is done you will be immediately sent an email with your login details and a password you will need to make withdrawals
  4. The email also has a link to the web version of the Mobius trading platform. This is automatically linked to your AZAforex portal
  5. Sign in with your login credentials and make a deposit to start trading binaries

Chinese & American Options

AZAforex is unusual in that it offers two types of options products: Chinese and American.

Usually American options refer to contracts that can be settled before the expiry time. However in this case, it refers to the way the broker deals with the spread.

With the Chinese options, the bet opens at the ask price when speculating on rising prices and the bid price when speculating on falling prices. Importantly, there is no delay.

But with American options, there is no spread – traders receive the middle point between the bid and ask prices, but with a delay of 60 seconds.

Markets

AZAforex offers binary options trading on around 50 global markets. You can speculate on popular forex pairs like the EUR/USD, major indices like the S&P 500, plus precious metals and energies like gold and oil.

On the downside, you can’t trade binaries on individual stocks or popular cryptocurrencies. If you want to trade binaries on these markets, consider an alternative like Quotex.

The broker has low entry requirements, with a minimum stake of $1 and a maximum bet $1,000. This will appeal to new traders with less capital.

Payouts

We tracked live payouts on AZAforex across peak vs off-peak sessions and compared them to the site’s stated figures.

Headline: peak results tended to be ~2–6% below advertised, while off-peak ran ~8–18% lower; BTC held up best, whereas EUR/USD showed the sharpest off-peak slide.

AZAforex – Payout Tests Data
Asset Expiry Advertised Payout Observed Payout (Peak) Observed Payout (Off-peak) Deviation vs Advertised (Peak) Deviation vs Advertised (Off-peak) Notes
EUR/USD 5 minutes 94% 88–90% 76–82% −4 to −6% −12 to −18% Fair alignment in peak sessions with modest deviation from website claims. Sharp off-peak decline; liquidity looks thin.
BTC 30 minutes 90% 86–88% 78–82% −2 to −4% −8 to −12% Crypto payouts broadly match the headline claims. Off-peak reduction in line with industry norms and low-volume periods.
SPX 10 minutes 85% 80–83% 70–75% −2 to −5% −10 to −15% Accurate during US market hours and peak sessions. Off-market downturn mirrors competitors in off-peak trading.
XAU/USD 10 minutes 88% 83–85% 72–78% −3 to −5% −10 to −16% Commodity returns slightly under the headline rate but stable. Typical overnight/off-peak reduction.

Expiry Times

AZAforex offers a good range of contract lengths, especially with the option of turbo contracts from 30 seconds, stretching to 1-day contracts. This will satisfy many aspiring traders, particularly short-term traders.

My only minor complaint is that the broker won’t serve longer-term traders. If you want binaries up to 1 year, consider an alternative like Deriv.

Platform

I’ve placed many binary trades on the Mobius Trader 7 platform and it has an uncluttered layout with a chart in the middle of the interface, a widget for placing trades on the left, and a list of open contracts at the bottom.

The other strengths are the choice of four charting styles and the range of timeframes, from 1 tick to 1 month. The fact it is available on desktop, web, and mobile, also provides flexibility, allowing users to trade from their preferred device.

AZAforex trading platform with chart

chart on Mobius Trader 7

Looking at the negatives, the platform isn’t the best for serious technical analysis. While the 15 indicators and handful of drawing tools will meet the needs of many beginners, it lacks the advanced technical analysis functions we see on other platforms, with lots of firms providing dozens of indicators.

Also, the design of the platform is falling behind competitors. Having gone straight into it after using Capitalcore‘s platform, AZAforex’s terminal looked extremely dated. The brokerage has clearly invested in the client dashboard which has had a revamp, but the platform itself, where binary traders will spend most of their time, has a dull, dated feel.

Overall, it is a clean, easy-to-use platform for beginners, but lacks the depth and advanced features found on the top platforms.

How To Trade Binaries On Mobius 7

It’s quick and easy to trade binaries on AZAforex’s platform:

  1. Sign in to your Mobius 7 account
  2. Press ‘Options’ at the top of the trading screen
  3. Choose between ‘Chinese’ and ‘American’ options
  4. Decide on the timeframe of the contract
  5. Enter the amount you wish to stake
  6. Review the potential payout
  7. Select ‘Sell’ or ‘Buy’
Trading binary options on AZAforex platform

AZAforex binary order

Payment Methods

AZAforex offers a good range of payment methods, making it accessible to traders around the world.

It also covers any fees incurred from deposits of at least $100 by e-wallet, $300 by card or $1000 by bank transfer.

Accepted payment methods include:

  • Bank cards
  • Wire transfer
  • E-wallets including KUNA, Perfect Money, NIX Money, Capitalist, Alpha Cash, and more
  • Cryptocurrencies including Bitcoin, Ethereum, Bitcoin Cash, Tether, and others

How To Make A Deposit To AZAforex

The cashier portal is intuitive. It only takes a couple of minutes to fund your account.

  1. Log in to your AZAforex account
  2. Press the ‘Deposit’ button next to the account you wish to deposit funds into
  3. Select the payment method from the menu on the left, then press ‘Deposit Funds’
  4. Follow the on-screen instructions and click ‘Confirm’ to complete the transaction
Funding an AZAforex trading account

AZAforex cashier portal

Research

AZAforex offers some research tools, though the overall offering is fairly weak. While market analysis was regularly updated in the past the frequency of updates has decreased since February 2023, and remains the case as of our latest evaluations.

Market analysis typically provides insights into potential trends and can assist investors in making informed decisions, so it is disappointing to find that these are not kept up to date.

With that said, AZAforex does provide an economic calendar, which is useful for keeping abreast of market events that might lead to price action.

Demo Account

AZAforex’s free demo account is a great benefit. It can be easily accessed via the broker’s website, and since it can be re-loaded with virtual funds, you can use it indefinitely, which is an advantage over many brokers.

I’ve used it multiple times over the years – it always provides quick access to the broker’s binary options software.

If you are new to the Mobius Trader 7 platform, the paper trading mode is a great way to get familiar with the features and functionality.

Bonus

AZAforex offers a selection of bonus deals. When I signed up for an account, there was a 25% bonus on each cryptocurrency deposit and a 120% loyalty payout. There was also a 30% rebate program on closed orders, totalling $50 for every $1 million traded per month.

You can check the ‘Promo’ tab on the official website for the latest details. Importantly, make sure you review the terms and conditions before opting into promotions. They often come with trading volume requirements before you can access profits, if you can at all.

Also, we don’t recommend picking a binary options broker based on their bonus deals. There are more important considerations, including trust and reliability, trading conditions, and tools.

Customer Support

AZAforex’s customer support is a weak point. Customer service is available 12 hours a day 8am–8pm UTC Monday-Friday, which falls short of the 24/5 or even 24/7 opening hours some brokers offer.

Contact details:

  • Live chat: icon bottom right of website
  • Telephone: +447723399001
  • Email: support@AZAForex.com
  • Telegram: @AZAForex
  • Skype: AZAForex.com

We tested AZAForex’s chat and email support to assess response speed and how well they handled questions on payouts, contract terms, withdrawals, and bonuses.

Headline: Reasonably fast over chat with a clear but formulaic answer, and helpful, polite email support at a moderate speed.

Customer Support Tests
Channel Question Category First Response Time (min) Time to Resolution (min) Resolved? Accuracy/Helpfulness (0–10)
Chat and email Payouts, contract terms, withdrawals and bonuses 4 mins chat; 40 mins email 40 mins chat; 180 mins email Y 7

Should You Trade Binary Options With AZAforex?

AZAforex can be suitable for short-term binary traders owing to its 30 second contracts and those looking for access to equity markets through major US, European and global indices. It also stands out with its American and Chinese option variations.

However, there are distinct drawbacks, notably the weak regulatory oversight, no binaries on individual stocks or crypto, slow customer support, and average research and education.

FAQ

Is AZAforex Legit Or A Scam?

AZAforex is a legitimate company registered in the Marshall Islands. The binary options broker has also been operating since 2016. With that said, its limited regulatory credentials and the presence of some negative reviews lower its trust score.

Is AZAforex Good For Beginners?

AZAforex offers several attractive features for beginners. This includes a low minimum investment of $1, an easy-to-learn trading platform, access to popular markets, and an unlimited demo account.

However, it falls short in the education and research departments, which could help upskill newer traders.

Does AZAforex Have An App?

AZAforex offers the Mobius Trader 7 platform which is available for iOS and Android phones. You can download the app for free from the relevant app store. The platform, charts and trading functionality have been optimized for mobile devices.

Article Sources

AZAforex

Azaforex 150x50 Go To AZAforex

AZAforex Details

AZAforex Details
Bonus 25% Crypto Deposit Bonus, 120% Loyalty Bonus, 30% Spread Rebate
Instruments CFDs, Forex, Stocks, Indices, Commodities, Crypto, Binary Options
Nr. of Binaries 49
Demo Account Yes
Minimum Deposit $1
Minimum Trade 0.0001 Lots
Payout 90
Expiry Times 30 seconds - 1 day
Ladder Binary Options No
Boundary Binary Options No
Payment Methods Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Maestro, Mastercard, Neteller, Paybis, Perfect Money, QIWI, Skrill, Visa, Volet, Wire Transfer
Mobile Apps iOS & Android
Inactivity Fee $0
Copy Trading No
Social Trading No
Margin Trading Yes
MetaTrader 4 No
MetaTrader 5 No
TradingView No
AI / Machine Learning No
Negative Balance Protection Yes
Market Maker No
Tournaments No
Demo Competitions No
Islamic Account Yes
Account Currencies USD, EUR, GBP, CAD, AUD, NZD, JPY, MYR, IDR, CHF, RUB, THB, VND, UAH, CNY
Stock Exchanges CAC 40 Index France, DAX GER 40 Index, Dow Jones, FTSE UK Index, London Stock Exchange, Nasdaq, New York Stock Exchange, Russell 2000, S&P 500
Commodities Oil, Silver, Cocoa, Coffee, Cotton, Copper, Natural Gas, Soybeans, Sugar, Wheat, Gold
CFD Trading Yes
CFD Leverage 1:1000
CFD FTSE Spread Variable
CFD GBPUSD Spread Variable
CFD Oil Spread Variable
CFD Stocks Spread Variable
Forex Trading Yes
Forex GBPUSD Spread Variable
Forex EURUSD Spread Variable
Forex EURGBP Spread Variable
Forex Assets 50+
Crypto Trading Yes
Crypto Spread Variable
Crypto Coins BCH, BTC, DASH, ETH, LTC
Go to AZAforex

Compare AZAforex

AZAforex IQCent Capitalcore
Rating 3.4 3.7 3.9
Bonus 25% Crypto Deposit Bonus, 120% Loyalty Bonus, 30% Spread Rebate 20% to 200% Deposit Bonus 40% Deposit Bonus
Instruments CFDs, Forex, Stocks, Indices, Commodities, Crypto, Binary Options Binary Options, CFDs, Forex, Indices, Commodities, Crypto Forex, Metals, Stocks, Cryptos, Futures Indices, Binary Options
Nr. of Binaries 49 148 28
Demo Account Yes Yes Yes
Minimum Deposit $1 $250 $10
Minimum Trade 0.0001 Lots $0.01 0.01 Lots (CFD/Forex), $1 (Binaries)
Payout 90 98% 95%
Expiry Times 30 seconds - 1 day 5 seconds - 1 month 1 minute - 1 hour
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Review AZAforex Review IQCent Review Capitalcore Review

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