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AAAFx regulation and how it scores

Regulation carries the heaviest weight in the score, which is why it is scored first. Here is AAAFx's licensing and the protections behind it.

Facts last checked . Read the full AAAFx review.

Regulation and safety

Regulated by
Mwali International Services Authority, Comoros Union (BFX2025097)
Regulator tier
Tier 3
Register entry
MISA broker register, licence BFX2025097
Client money segregated
Yes
Held at
Top-tier banks
Negative balance protection
Yes
Compensation scheme
No statutory investor compensation scheme
Audited by
Independent external auditor
Not available to
Afghanistan, Belarus, Burundi, China, Congo, Crimea region of Ukraine, Cuba, India, Indonesia, Iran, Iraq, North Korea, Palestine, Romania, Russia, Sri Lanka, Sudan, Syria, Taiwan, Turkey, United States, Venezuela, Yemen, Hong Kong

What this means

Regulation carries the heaviest weight in the score, which is why it is scored first.

AAAFx lists its regulation as Mwali International Services Authority, Comoros Union (BFX2025097).

Client money is held separately from the firm's own money, at Top-tier banks. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by No statutory investor compensation scheme, which pays eligible clients up to its limit if the firm fails owing client money.

Questions about AAAFx regulation

Is AAAFx tier-one regulated?

AAAFx's strongest licence is recorded as Tier 3.

Who regulates AAAFx?

AAAFx is regulated by Mwali International Services Authority, Comoros Union (BFX2025097).

Does AAAFx offer negative balance protection?

Yes. AAAFx offers negative balance protection, so a losing position cannot leave you owing the broker more than your account held.

Regulation at brokers under the same regulator

More about AAAFx