Also, according to my trading plan i do a lot of analyzes and researches of all kinds of markets and instruments. I chose this broker because i thought that it suited my needs best than others. I tried lots of brokers and this one amazed me a lot. There are dozens of currency pairs to tade with tight spreads and I am fond of currency trading actually.

Companies providing online brokerage services without a license cannot provide their clients with any sort of protection. Execution-only brokers typically don’t offer personal investment advice. They charge much lower rates, but their traders have to manage their trades entirely on their own. The contract for differences trade is a form of trading that allows traders to gamble on the rising or falling prices of fast-moving global markets. This type of trading does incur a commission, and CFD trades on different markets have no commission but do include a spread around the market price for a particular instrument.

SCAM! Warning your money!

Although they could have refused because the AAFX has nothing to do with my purse issues. I haven’t been trading for a long time, so the first thing that attracted me to AAFX was the education and detailed technical analysis. You know, it’s essential to have the information you can rely on. Yes, the aafx has all the information available to anyone who trades on the aafx. In my opinion, it is an excellent solution for traders to trade actively and profitably. If you keep judging all Forex companies by their regulation and some hyped article, you might end up thinking that honest Forex brokers simply do not exist.

• Current global market trends can also be analyzed on the MT4 trading platform which gives inbuilt research tools.
• In order to withdraw a certain amount of the bonus, you need to trade a certain volume.
• Therefore, I would not even pay attention to such reviews.
• Those of you trading since 2015 (the sudden decision of SNB to remove EURCHF 1.20 cap) will praise the significance of negative balance protection function.
• ActTrader has witnessed a multi-fold increase in the trading volume up to $5 trillion per month, substantiating the deep liquidity on the platform.

Since forex and CFDs trading is something you should always consider as risky, you should be cautious and only invest the amount of money you are prepared to risk losing. This is especially true for the leveraged accounts and the margin used to sustain their positions. Some people might not realize that retail currency traders can use brokers to access the 24-hour currency market. For example, forex brokers are available for individual traders as well as for institutional clients and large businesses.

AAAFx Review

Since there are many options for trading at the moment, we decided to do a couple of reviews, to make sure that our readers are in a good place. Now, in this particular article, we tried to answer the main questions about the AAFX Trading broker. Read our updated AAFX Trading review and see if this is the broker for you. You ought to receive an instant reply to your query, if not fast. Nevertheless, fraudsters cut off communications upon receiving your money. It is improbable to deliver a friendly interface without proper customer relations.

The app has a limited selection of tools for market analysis using 3 chart styles displayable on 9 timeframes, 30 indicators, and 24 analytical tools. You can open trade positions and then monitor them in real time, adjusting and closing them at will. The trading app is simple, customisable, and user-friendly.

But on the other hand, they are stuck with purely MT terminals and don’t give us any right to choose, I would like to have some choice and variety. I’ve been trading for many years, I’m even in my third year of teaching trading. I trade with the best broker today, in my opinion, AAFX Trading broker. So, I decided to trade Forex with AAFX Trading broker.

That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like AAFX Trading and trade with licensed brokers. AAFX Trading can be considered as a low-cost broker, given its tight spreads and zero commissions, they offer the best platforms coupled with a variety of third party trading tools. According to other reviews, they have the best customer service I have heard of. They are easily reachable through multiple channels and their employees are knowledgeable.

Personally, I don’t live in the USA, but it was the sign that the broker is serious and reliable. I decided to try trading through it and made the right choice. They offer a very tight spread and they have the Islamic account option, where you can open a trade for weeks swap free. Also, when you introduce a friend to the system, you get the commission directly to your trading account.

It also has fantastic automated trading capabilities. That being said, each platform can hold its own and be suitable depending on your trading preferences. AAAFx gives you access to trade a decent selection of over 500+ financial instruments including Forex, Indices, Commodities, Stocks and Cryptocurrencies. The broker offers tight spreads and competitive trading fees with multiple payment options available for quick and easy account funding. I moved to AAFX Trading on purpose, at that time I was already trading with another broker successfully, but I decided to try a new broker hoping that it would be better. Nice broker and it does not even require a big deposit.

The mobile app is ideal for checking and managing my positions when I am not at my computer. It can be a great way to see what is happening around the markets whenever you feel like it. The broker also offers social trading via ZuluTrade; a leading social trading platform used by millions of traders from around the world. When the price stands in one place, speculative operations in the forex market are meaningless.

Broker AAFX Reviews

AAFX is registered in Saint Vincent and the Grenadines. And therefore U can trade cryptocurrencies here. However, this ECN account is not a miracle to be honest.

This raises the first red flag in AAFX Trading Review. I tested my favorite cross pairs with CHF on a real account, enjoyed execution. I should also note that I didn’t have any problems with withdrawing earnings too.

It’s not allowed to hold a trade for less than 60 seconds. Even if you dare to close it earlier, your profit will be taken by the profit. Perhaps, it’s the liquidity provider’s requirement and the broker has to obey, but I have already adapted to this restriction and it doesn’t prevent me from scalping profitably. I signed up with this brokerage service from an affiliate link he gave to me. Yeah, I did him a favor by letting him earn on me, but I was ready for this and I respect this person. Afterall, he recommended me a good broker he has been trading with for more than two years.

Trading Instruments

It is also very important for me that the broker offers 100% balance protection. I started trading here not long ago, but I like what I see. I read a lot of of reviews on aafx but maybe this is a moment write my own commentary. https://broker-review.org/ I have my own opinion about how things are working in our world and always recommend to everyone to think by your own head. The website has a Live Chat feature where you can get accurate and easy answers to your questions.

I did not focus on my education or on gaining theoretical and practical knowledge. There are basics of technical and fundamental analysis, information on trend reversal and continuation figures, basic indicators, a lesson on cryptocurrencies. It is also written on the website that the average spread of the company on the euro/dollar pair is 0.8 pips, but I have seen much smaller spreads here.

Precious metals are another dependable investment for traders. This consists of the trading in gold and other precious metals which are hard commodities. A lot riskier is your energy products because this is affected by political and environmental situations. The great supply and demand however of this make it a popular trading choice.

Trading Conditions

Moreover, there are several types of account as far as I am concerned, and each of them contains particular unique conditions, starting from minimum deposit and ending with spreads. For example, the very first type of account has fixed spreads and 100$ minimum deposit. Guess that it would suit the Forex Brokers most part of traders. The matter here is to understand that you must develop the skills and move forward in trading, otherwise it’s a pure stagnation and no development. AAFX Trading provides its clients a choice in various types of accounts in addition to offering a demo account to get started.