Just keep in mind – you shouldn’t risk the amounts you cannot afford. This applies not only to Forex brokers but also to any active investments. When I visited the website for the first time – I saw many different opportunities. After I opened the account with them, it was a simple and user-friendly interface. To open a new account, to top up an account or withdraw the money, relevant promotions and so on.
Most of all I liked that the Terms and conditions section is in front of your eyes. AAFXTrading has a user-friendly website design with a clean and simple layout, making it easy to navigate and find the information you need. The account opening process is straightforward and takes aafx reviews only a few minutes to complete. The platforms used by AAFXTrading, MetaTrader4 and MetaTrader5, are known to be efficient and easy to use, and the customer support team is available 24/5 to answer any queries. The safety of client funds is a top priority at AAFXTrading.
- Of course, some might have better conditions, lower spreads etc., but it wouldn’t make such a big difference.
- When you start out, I advise you to trade with fixed spreads.
- It goes against our guidelines to offer incentives for reviews.
- The main difference between these is that the ECN account offers much tighter spreads that are variable, while the Fixed account offers fairly wide spreads that start from 2 pips.
- AAFX Trade has registration in Saints-Vincent and Grenadines.
- The broker offers a variety of Metatrader platforms for trading.
The company has grown over the years to become a well-established forex broker, and it is regulated by the Financial Services Authority (FSA) in Saint Vincent and the Grenadines. AAFX provides a mobile trading version of the MetaTrader 4 platform to all clients, and the app is available for both Android and iOS devices. The mobile app provides much of the functionality that can be found in its desktop counterpart, but there are some limitations. Taking into account all the features and services that the broker has, we can say that there are both advantages and disadvantages. But the disadvantages are insignificant and do not affect the profit. After studying the terms and conditions of this broker, I did not find any pitfalls or significant disadvantages.
The minimum lot size for trading on AAFX is 0.01, also known as a micro lot, which is ideal for beginner traders who want to minimize their risks. AAFX Trading supports trading in various currencies, including USD, EUR, GBP, AUD, CAD, CHF, JPY, SGD, and NZD. Clients can choose the currency they wish to deposit, withdraw, and trade in, subject to the broker’s terms and conditions.
Safety & Security of AAFX
The spread are really tight with this broker, EURUSD is like there is no spread at all. Made some profits and some losses, got 700% profits, and decide to withdraw my funds, and recieved it fast to my skrill account. They are fair and not mess with your account when you made some profits. Many brokers manupilate during news which makes you believe that they are market maker. AAFX has been very nice in this case so far and I hope they will stay the same.
AAFX offers three account models — a Fixed account, an ECN account and a VIP account. All are available with a base currency of either USD, EUR or GBP. Both the Fixed and ECN accounts are commission-free but have different spread offerings. While the Fixed account has fixed spreads starting from two pips, the ECN account provides variable spreads starting at 0.2 pips.
responses to “AAFX Trading”
Yeah, Honestly, working with this broker was quite good. But it didn’t affect my trading and experience in any way. Hoping for better results as I am getting more familiar with new strategies… If you do not consider the extreme size of leverage, everything is OK.
AAFX
My (as well as many of my friends) experiecne proves that AAFX is good broker and that’s the most important point. Of course, we can seek for the regulations or other points. But from the logical point and people’s experience it’s importance is extremely low. That’s like people that overestimate chance to get seek cause of coronavirus, but underestimate other probabilities. To me, not everything in this article matches how it all really is. Yeah, the brokerage has a little problem with the registration, and it’s registered off-shore.
AAFX Trading Overview
And I try to find benefits where I can.I was incredibly upset when I realized that I couldn’t try something passive here, I especially wanted to work with copying. You can find videos on basic forex education, as well as explaining fibonacci or candlestick patterns. I found cryptocurrency videos especially informative, as I wasn’t so into crypto these days. I was wrong, crypto is a phenomenon, with great technology in the background. It is extremely easy to talk to their staff on their website as each page has access to chat with one of their team members who are always helpful and friendly. Their website is also user-friendly making it easy to find the information you need.
I can also write about excellent affiliate programs. The broker has 2 of them, you can freely get acquainted with their conditions on the official website of the broker. The availability of Islamic accounts is also an indisputable advantage. The company cares about its audience and wants to create a comfortable trading environment for people with different religious beliefs.
FXView Demo Account
It has certain peculiarities which one may indicate as drawbacks, but I ain’t care at all. Unlike many other offshore-registered forex brokers, AAFX is not a member of any third-party dispute resolution organizations. Unfortunately, this could in many cases mean that there is nowhere to turn in case any issues arise when trading with this broker. They promote their high leverage as a way to earn money. To prevent this, you need to open a deal and have some additional funds on your deposit as a coverage, that’s the only way to use such leverage correctly. AAFX Trading cautions possible traders that Forex and CFDs trading constantly carries a high level of risk, thus may not be appropriate for all investors.
All the good reviews are FAKE
Look at all the reviews with 2 reviews comment right below their names. You will see that they also posted one more phony review on the same day on non financial companies, without one exception. AAFX Trading does not charge inactivity fees, but it’s best to check with the broker for the most up-to-date information regarding any other fees.
The MT5 is an amazing trading platform and I absolutely think all traders should use it. I am really excited that AAFX made this platform available to clients. I’ve been working with the company for two years and haven’t seen any problems. Thanks for the article, I was interested in reading it. However, it speaks about numerous complaints and lawsuits.
You must register and deposit to access advanced lessons. AAFX Trading offers a feedback option to allow traders to submit their compliments or complaints. From the reviews we have seen, this broker appears to pay great attention to customer feedback. AAFX Trading customer service is available for 24 hours per day, five days a week. Traders can reach out to them through email, live chat, and phone.