AAFX Trading Reviews 109 Reviews of Aafxtrading com

These guys are an absolute rip off….no questions asked. 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. AAFX Trading provides research tools such as annual calendars with current economic events and news reports on their website. Current global market trends can also be analyzed on the MT4 trading platform which gives inbuilt research tools. AAFX Trading is regulated by the Financial Services Authority (FSA) of St. Vincent and the Grenadines. This regulator is not as known globally as other regulators but has all the measures to safeguard users’ deposits.

Fees & Commissions

Probably there are some brokers with smaller and bigger spreads. For me, more important is that making a deposit/withdrawing process would go fast and smoothly, and in that regard, AAFX hasn’t let me down. AAFX offers free demo trading accounts to its clients. The Demo account can easily be opened from the broker’s home page and you’ll be able to see an “Open Demo Account” button in the top right corner. A demo account helps traders experience live markets without the risk of losing money. Demo trading is crucial for beginners to learn how to use trading platforms, indicators, and general trading.

  1. If you open a few deals in a week, then one of the main advantages of the broker will pass by you.
  2. The only way out was to get back to the accounts with fixed spreads.
  3. Lastly, you get your Equity or stock indices which are actual stock market indexes.
  4. He said he was trading here.I was afraid to start trading, because the broker is not very popular.

Trading platforms of AAFX reviewed

I like winning the money in currency tradingand the broker is just a source for me to make easy money online using internet. The trade is going fine, and then there are no troubles with withdrawal – that’s already a lot, isn’t it? On the other hand, the spreads could be more favourable, plus the assets are still too few.

Trading Platforms

Prospective traders have to be assured that whoever they choose to invest with will give them the required support and assistance whenever and wherever they might need it. AAFX Trading’s customer services support team is available 24 hours a day, five days a week via phone, email, or live chat. 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 swap free option in the accounts description means the possibility to open an Islamic account.I would be surprised if I knew that AAFX can’t provide accounts for Muslim traders.

Indices trading on AAFX

Having opened a real ECN account, I jumped with both feet into trading with majors. Well, some of my trades are losing, others give me a lot of joy. On the part of the broker, I can say that it does its job well. I managed to withdraw my earnings and it shows that I don’t need to worry about my capital and focus on polishing my trading skills. That is why you should only invest money that you are prepared — or can afford — to lose at such high risks.

Keep a record in case you need to show authorities. There are dishonest brokers out there who might use fake names. Doing a little research upfront can save you from trouble and protect your money. As everywhere else, there are issues with AAFX as well. I have never encountered a broker without any problems at all. But what attracted me to this company is that many issues can be resolved in favor of the trader.

I can recommend the AAFX broker to all traders, both beginners and professionals. AAFX is suitable for novice traders, as it has an educational course, a free demo account without limitations, and low requirements for minimum deposit. Also, the broker will be a good choice for those who prefer automated trading; traders can use trading robots here. Clients can trade on the respected MetaTrader 4 and MetaTrader 5 platforms.

This is the time of high volumes and intensive market movements. In our case, the Asian and European or European and American sessions intersect. These are the types of rallies that smart traders take advantage of.Beginners can try to trade in the quieter, but, unfortunately, overnight period from 1 a.m. To 9 a.m., and it is advisable not to use pairs with the participation of the Japanese Yen. Even if you have little money, you are in a constant battle in trying to make it a larger amount, and you need allies in war, you need a great broker in the battle to financial freedom. Aafx trading gets you good odds in this challenge, which are flexible trading conditions, high levels of available leverage and high speed execution.

AAFX Trading allows for both deposits and withdrawals through e-wallets and cryptocurrencies. Deposits are processed instantly, whereas withdrawals are completed within 24 hours. Like most traders, I have my favorite indicators and drawing tools, which include RSI, moving averages, and channels. I prefer using candlestick charts for the insights they offer through candlestick patterns. I find it easy to use and combine various indicators in MT5.

AAFX understands this well and provides 24/5 customer support. The support is available in over 20 different languages, and the team of customer support agents is accessible via email, live chat, or over the phone. Customer support offices are located in Australia, Hong Kong, and St. Vincent and the Grenadines. The customer support agents are friendly and professional and overall, the customer support provided by this company is good. The broker offers a welcome bonus of up to 35% to new traders.

However, Aafx uses such low transaction fees (53 sat/vB), it takes between hours for the blockchain transaction to be confirmed. Due to the volatility of BTC, anything can happen in that period of time. In my case, by the time my transaction was confirmed 36 hours later, I had lost 10% of my money. Please be aware that withdrawals from Aafx (until they increase their blockchain transaction fees) are dangerous and you can lose a large portion of your capital in the process.

It’s a pretty weighed move from the broker to ensure clients’ financial capabilities and to help them to make a bit more money that they could have afforded. I just downloaded MT5 and was surprised at what narrow spreads they provide, it’s just incredible. https://forexbroker-listing.com/ I am also a fan of cryptocurrencies on mt4, there is an opportunity to trade bitcoins and I was like is it really possible to trade bitcoin on MT4? Also, when I was replenished, they gave me a 35% bonus from the deposit, I recommend it to everyone.

These protections may include negative balance protection, segregated accounts, and investor compensation funds. Traders should understand the differences between regulations to evaluate whether the broker suits their needs. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. In retail market place there are many brokers available and I also traded with different brokers but wasn’t happy with them. But AAFX is a nice broker allows types of traders with no specific restriction. As a result traders can apply all strategies here very smoothly.

Awards gained by a brokerage by esteemed organizations do provide much more confidence in the world of forex. If I didn’t attend the website I would never be able to find otu that this broker offers welcome aafx trading bonus. Guess no) It offers redeposit bonus also for every redeposit 25% bonus on $500 deposit and 30% on $1000 or more deposit. At least I am passionate about bonuses and always try trading them.

The users can work with Market Execution type of order execution. AAFX provides clients an opportunityto use automated trading and work with trading advisors. Therefore, it is possible to earn a profit here only through active trading.

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