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You usually get a demo account topped up with virtual money, which you can play around with without risk. In the main menu in the top pane, you can choose to open an account. A small digital form pops up for you to fill in. I’m a hardcore scalper and this broker more than just suited me in this regard. I traded on their ECN account and it’s greatest advantage is that it comes without commission. None of the brokers I have seen does such a favor.
Yeah, it’s not cool that a broker registered whatever, but that doesn’t make it a scammer. I’ve been working with the aafx myself for a year now, and I’ve never had any problems. But I have never been scammed, taken my money from my account, or taken any additional commissions or hidden charges. Trading can be a great way of acquiring great returns from your investment. However, it is important to understand that a beginner needs to learn things before he can make the investment and enjoy the benefits.
This is how it comes, that AAFX can work almost for every trader, although it doesn’t seem like that at first sight. Since AAFX Trading has an offshore regulation and several regulatory warnings, we can say that your money is not safe with this broker. The platform is available in mobile and web versions, and for all devices – Windows, Mac, iOS, Android.
In this light AAFX is just another broker who has chosen to follow the demand, not the rules of politicians. And that’s why I don’t see the company as a guarantee that I’m going to make money, and if that doesn’t happen, I’ve contacted a fraudster. NO, YOU DIDN’T. Actually, a brokerage company for me is a tool that I can use to make a POTENTIAL profit.
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However, there are many reviews by the clients, as well as regulatory body warnings, that are showing who this broker is. Among the things I don’t like I can mention the fact that they have not offered MT5 support yet. As a software engineer I do understand what a pain it can be to adopt new technologies but sometimes you just have to. The broker always offer them and they make trade here interesting and I get more profit.
The broker offers a variety of Metatrader platforms for trading. The trading platform offered by the broker is MT4 and MT5 for PC, MAC, mobile, and tablet or Web Trader . Of course, each platform has its advantages and disadvantages. For example, for a beginner I would recommend using Metatrader 4 or its light version for web trading. All with different conditions for different traders and their deposits or trading strategies.
What is the best time of the day to trade with aafx trading?
Maybe this is due to the fact that they have such a huge client base and a lot of servers, so the load on the servers is within acceptable limits. I am more inclined to the variant that they have adjusted their work quality, so the trade is carried out accurately. Last week I opened an account with AAFX Trading broker. I thought for a long time but still made this decision. A friend of mine is trading here and is very impressed with some of the conditions.
I can’t remember where I found this broker, but prolly because of some reviews I once face. Generally, the conditions here are pretty appealing, you know, you can trade on different platforms, use many assets…it be better to add some more platforms beside MT’s. AAFX Trading offers the MT4 as its trading platform coupled with a variety of third party trading tools. MT4 is the most popular trading platform in the industry. We find AAFX not to be the best option for those looking for social trading. This is because it does not provide enough resources for this purpose.
- It has headquarters in Hong Kong and Australia, making it an international company.
- I started trading with AAFX Trading three years ago.
- I lost a couple bucks on money transfer fees , but I felt safe later once I tested the money flow in both directions.
- As they can get competitive spreads and no additional fees required.
- The broker is not ideal, although it has everything to be.
- Reviewers satisfied with AAFX Trading most frequently mention demo account, long time, and high leverage.
Deposit methods have many ways to be processed. There are cryptocurrency, fasapay, skrill and many other alternative payment methods. AAFX offers fast and straightforward deposits. The broker offers a wide range of funding methods, so the clients can choose one that is more suitable for them or available in their location.
There are the right platforms for trading — these are MT4 and MT5. There are no hidden commissions in AAFX Trading. The spreads on the ECN account are relatively tight. But I want to note that the training in AAFX is quite simple. It doesn’t suit me, because it’s designed for beginners.
Claim your listing for free to respond to reviews, update your profile and manage your listing. Aafx registered in saint vincent/grenadines + malaysia incorporation. I’m personally happy that I work with this broker.
When I trade with a broker, I know that AAFX has flexible conditions for traders. There are no significant drawbacks unless you are a scalper. I also do scalping, but my positions are on average in the market for about 5 minutes.
This condition was not critical for my strategies performance, so I simply adjusted them to meet broker’s requirement. Tight spreads they offer and no additional commission https://forexbroker-listing.com/ and swap was worth this little inconvenience. So I’d definitely recommend this broker for algorithmic trading. Adding to the protection is two-factor authentication.
AAFX Review Conclusion
To attract new business from traders, Forex brokers normally lure them with eye-catching deposit bonuses. For new investors, this can be very handy, but one has to know what to determine is a decent bonus. All accounts are commission-free, and there is relatively high leverage available on many instruments. It’s easy to understand what is so “dangerous” in AAFX and other decent brokerages with an offshore registration. They don’t bring enough money to Uncle Sam’s pocket. With all the respect to the great Uncle, taxes are extremely high in the US.
Although AAFX Trading is a suspicious offshore broker, the user reviews show that it can actually be trusted and the company provides high-quality service. It has several account types with very good trading terms, but they are strange because it is unclear how the company make any profits from this. The trading platform is the MT4 software for both computers and mobile devices, so you will have no issues using it. AAFX Trading has features available to make the experience easy and provide great convenience. Irrespective of your experience level you can start with a demo account to understand the platform and its features before you choose to invest your real money.
If it goes further this way, then I will increase the trading volumes with AAFX. Especially that I had enough time to grow the deposit and fulfill bonus requirements. I’m used to dividing my trading capital and financial instruments between several accounts. I came to trading because I was just wondering if it is really possible to make money on the market. And then it became a real business for me – with great prospects and stable profits.
I like this broker
It comprises global networks that offer transactions 24 hours a day and close only on the weekends. The foreign exchange market, or FX, is the original financial market that was formed to bring structure for improving the global economy. Besides, it provides a venue for selling, buying, exchanging, and speculating the current series.
Anyway, companies-shifters are left behind in the past 20 years ago. There are acceptable terms of aafx trading review trade in the AAFX. They are especially suitable for those who follow a high-leverage strategy.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange, or any kind of trading you should carefully consider your investment objectives, level of experience, and risk appetite. No information or opinion contained on this site should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services. Past performance is no indication or guarantee of future performance.