AAFX Trading Reviews 107 Reviews of Aafxtrading com
The spreads and leverage offered by the AAFX Trading broker differ with the type of account. For the record, AAFX Trading provides three types of accounts, namely Fixed, ECN and VIP account. The choice of account depends on the trader’s experience and risk tolerance. I’m new in trading, I just opened an account with Aafx Trading broker recently. Slowly figuring out the trading, practicing on a demo account.
- I’m fan of classic trading platform MetaTrader 4 and I’m sincerely glad that broker provided it to me after opening trading account.
- Calls can be made directly or through a callback request.
- They promote their high leverage as a way to earn money.
- For ECN account users, spreads start from 0.6 pips and average markups on EUR/USD are around 0.8 pips.
- The inclusion of the popular MetaTrader4 (MT4) and MetaTrader5 (MT5) platforms further enhances the trading experience for all users.
Overall, the education and research options are fairly average. Moreover, AAFX Trading offers excellent customer support services, which include an extensive knowledge base, live chat, email support, and phone support. AAFX Trading is an excellent choice for traders looking for a reliable, customer-oriented broker with a track record of excellence in the forex industry.
Trade with a Regulated Broker
There is always someone to ask a question and specify everything you do not understand. One of the biggest advantages of aafx is that there are no withdrawal fees or anything else. You cannot close a deal within 60 seconds after opening it. In fact you can, but if you profitd from such a deal, it will be removed from your account.
AAFX Trading is well-equipped to make the experience absolutely easy for the traders. We have got better news options that will be easy for you to keep an eye on the trends or the changes that can impact your investment goals. What I have read on websites about the forex, turned out to be true – AAFX TRADING is a broker, which allows scalping-trading! Wherein it is quite ok on Meta Trader, but if the broker has its own platform, he can do whatever he wants. Good, that AAFX acts honestly in that term and completes its broker’s job with high quality. AAFX Trading offers the MT4 as its trading platform coupled with a variety of third party trading tools.
I did a bitcoin purchase and was told…
AAFX Trading’s website should provide all the information one needs to gain skills and knowledge to be able to trade successfully with them. A bonus is a way to reward traders for deciding to choose a certain broker since once the account is opened, the trader will have the same expenses as any other. The bonus is just a reward for the trader’s choice that gives some of these expenses back to the trader, once proving himself as an active trader.
“The most cost-effective account types”
There are no commissions, which means spreads are higher than other brokers on their fixed accounts but are still competitive on other accounts. For beginner traders setting up a micro forex account will be absolutely worth it. It will require low capital and generally takes about $100 to set up an account.
AAFX fees compared to AvaTrade fees
And secondly, there are no programs like PAMM accounts or deals copying, which kind of allow to earn even without knowing the market. To be honest, I don’t believe that it’s possible to earn without any knowledge of the market, even though the passive investments. But some newbies are starting exactly with such services, slowly switching to active trading. Unfortunately, this is not the place, here you will have to bury your head from the start.
This helps to protect clients’ funds in the event of the company’s insolvency. AAFX Trading uses state-of-the-art encryption technology to secure all client data, including personal information aafx reviews and financial transactions. 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.
Actually, this is not scary, the main is not starting to trade on real money until you will be stably in black on a demo account. AAFXTrading is a reliable online broker with a wide variety of assets and features that make trading easy and secure. The broker offers competitive spreads, fast withdrawals, and an attractive welcome bonus of 35% (on your initial deposit into your first live account – minimum $500). AAFXTrading is suitable for all traders, regardless of their experience level, and provides a safe and secure trading environment. Finding a good forex currency broker can be a lot easier.
AAFX Trading Risk management
The account opening process is straightforward and takes 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. Their valuation is also connected to other markets such as currencies and commodities. Indices follow the performance of a basket of grouped stocks. For instance, the US30 or Dow Jones index follows the top 30 US companies, and therefore, indicates the state of health of the American economy as a whole.
Euro, Pound, Gold and Crude are more attractive for me as a trader because their behavior can be explained logically. I can’t say anything bad about the trading process with this company. My orders are executed as it should be without any attempts to cheat on the part of the broker.
ECN Account
Traders can download this platform directly from the AAFX Trading website and follow the provided installation guide. Mobile versions are available in the Google Play Store and App Store for free. With MT4, you don’t have to worry about your device’s memory or speed as the apps are lightweight and don’t require a lot of space or computing resources. And I think it’s nice.After trading a little, I withdrew my funds with a small profit of $ 15, heh. The final step is to make a deposit and start trading.
With the MT4, you need not worry about memory or speed of your device since the apps are lightweight and do not require much space or computing resources. The safety of funds is something that prevail for me. This one ensures a comprehensive funds security, and that’s why I didn’t hesitate a lot when I firstly entered the website. However, the regulator is known to be quite average in strictness, and unfortunately, there are no other regulatory entities that supervise this broker. 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.
AAFX Trading takes users privacy seriously and is compliant with the EU General Data Protection Regulation. The registration process with this broker is quite straightforward. Beginner traders can learn the basics of trading by visiting the educational section on AAFX website. Some of the lessons that are available without registration include an introduction to forex trading, trading terminologies, and fundamental trading strategies. You must register and deposit to access advanced lessons. AAFX Trading customer service is available for 24 hours per day, five days a week.
As mentioned above, AAFX Trading is a non-dealing desk (STP+ECN) broker. This type of broker acts as a bridge between clients and liquidity providers and mostly charges variable spreads. In case you have already made your decision to open a live trading account with AAFX, we are here to guide you through the entire process.