AAFX Trading Reviews 95 Reviews of Aafxtrading com

AAFX Trading Reviews 95 Reviews of Aafxtrading com

Its entry-level accounts have a minimum deposit of 100 EUR, but high trading costs, with spreads of 2 pips (EUR/USD) on its Standard Account. Trading costs improve significantly on its commission-free VIP ECN Account with spreads of 0.5 pips (EUR/USD), but this is in exchange for a minimum deposit of 20,000 EUR. The roots of forex that is foreign exchange market can be traced backed to the end of 1970’s after many countries decided to unpeg their currency against dollar and gold. Forex or FX or Forex market became a decentralized hub for currency trading. Currencies are bought, sold and exchanged at the live forex rate.

  • It’s my personal record, so there’s no point in stopping.
  • It seems to me that it is very important to use the right categories and work more on yourself.
  • When you are trading actively, you can fulfill the 35% bonus requirements maximum in half of the year .
  • In my opinion, broker has a number of advantages, and it pleases with its minimum deposit of $ 100, not like some brokers allow to trade only if the account has not less than $ 2,000.
  • Your other market instruments consist of Commodity markets which offer different asset opportunities for traders.
  • 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.

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. Deposit methods include Credit/Debit Cards, and a range of e-wallets such as Skrill, Neteller, WebMoney, Fasapay, STICPAY, MoneyGram, etc. One of the most prevalent online trading scams is to initially display profitable trades that give the investor a false sense of confidence, and get them hooked to the idea of ‘easy money’.

It was a tough decision because I didn’t always believe in this way of making money. I am a fan of traditional business and have always believed only in the fact that you can only make money by buying something cheaper and selling it at a higher price. The spreads are pretty low and there are no commissions, so I take the major part of my profits.

By the way, this account is also good for algorithmic trading, it excludes the possibility of closing a position if the spreads widen too much. Trading currency pairs in the forex market with AAFX Trading takes up most of my daily time now. Nevertheless, I think it would be wrong to keep all my money with one broker, so the company I opened my account with.

Who are Forex Brokers?

It’s really easy to criticize because we can always be dissatisfied with something or want something more. I can say that if you take the basic functions that a broker should perform, aafx can handle it. There is a normal common trading terminal, there is a clear withdrawal system, there are tools for analysis and popular assets. In addition, there is a team of trained managers. Offered spreads are as low as 0.6 pips, over 80 Technical Analysis objects, and many other features. A client reported that he wanted to withdraw his funds, approximately €67,000.

aafx trading reviews

I think that all people that think that offshore registration is bad should ask Americans, why they don’t trade themselves. Yes, we know that American people have a lot of investments. But they don’t trade themselves, they just give their money to investment funds, because it’s impossible to trade on their own. I enjoy trading with AAFX and hope they will never make a mistake to obtain the US license. Another important aspect we consider when comparing brokers is the cost of trading. When evaluating trading costs, we always consider the minimum deposit required to open an account and the ongoing trading costs, including the spreads and commissions.

Forex 35% Welcome Bonus- AAFX Trading

I can trade with all tools that aafx provide because service, platform and conditions is comfortable for me. Actually, my switching to aafx was quite an unpredictable move of myself. The thing is that I used to trade with another broker which turned out to be a pretty suspicious organisation. https://broker-review.org/ I just came across with wome talks or gossips on the internet telling that the broker is on the vege of collapsing. Surely, I didn’t want to waste time without trading and started asking my friends for a piece of advice and they told me that aafx is a decent broker which can be worked with.

I missed the opportunity to copy trades in the company. Yes, AAFX provides quite a lot of education materials. The broker provides free access to various training videos and e-books and stuff.

aafx trading reviews

AAFX Trade has registration in Saints-Vincent and Grenadines. I can agree, that’s not the best jurisdiction to be registered, but many brokers simply don’t have even such registrations. That’s first point, so AAFX is mb better than other brokerages in this regard. Secondly, AAFX has good reputation, that’s go without any doubts, if you will search the internet, you’ll find that there are a lot of positive reviews and extremely low amount of negative. As for me, that’s much more important sign in my opinion.

Is AAFXTrading a good and legitimate company?

Since you have significantly more, it makes sense to take advantage of the offer. This will substantially increase your possibilities. And even if you can’t withdraw the bonus due to non-compliance with the turnover conditions, the profit will also be significant. Good company overall, I don’t know any criteria to judge the brokerage, but AAFX trading seems to be good enough.

As long as I;m making lots of trades on a daily basis this is also very important for me that AAFX has got a fantastic offer on spreads and commissions. Basically spreads are the only applicable fees with this brokerage. Moreover, these spreads are very tight themselves.

I’ve started trading forex only 3 months ago.I’ve finished trading courses and was very nervous to open my live trading account. Had a difficult time choosing my perfect brokerage, so I created a special spreadsheet with all the parameters that can influence on my choice of the company. Seriously, I’ve spent over a week comparing the spreads, commissions, awards, bonus programs and all these type of things.The min.depo here is only $100 which fits me perfectly. I’m only beginner and I’m kinda prepared to lose my first deposit.

aafx trading reviews

I know that many brokers officially do not prohibit to trade with many small deals, but in reality, they pull the pin on as much as they can. And here I had to take a risk, even that the reviews proved that aafx has nothing against the scalpers. I can confirm, no problems with scalping at AAFX.

AAFX Trading Review Scores

That’s what I call a comprehensive approach and security. 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. But a lot of brokers don’t have any registration at all, and they work quite well.

Birthday Forex Bonus – FXClearing

They said it’s because my trades were placed at invalid prices whatever that meant. As you all know to make money with AAFX Trading you need to have a lot of time to learn demo trading. I have spent plenty of time on searching for a proper broker. Everything because previous brokers didnt satisfy my needs. I chose this one, because it seemed to me tat it’s pretty reliable and i was convinced in it, when I applied to customer support here and they politely responded all my questions. Moreover, what was really wondering to me is the presence of redeposit bonus, y’all heard about something like this?

We will take tight spreads and we will provide you with fast withdrawals”. And all of their promises are true, so when I trade with AAFX I catch up a thought that company is fair with me and that’s why I respect it. I can’t even catch why people can adhere to such articles. Let’s be fair, regulations very ofthen simply don’t work and if brokerage will be unfair, regulations won’t secure your money and you will lose tham, that’s true..

We rate brokers more highly that process withdrawals within 24 hours by multiple withdrawal methods and without charging processing fees. We found that InstaForex charges a withdrawal fee and AAFX Trading does not. Overall, AAFX Trading has better deposit and withdrawal processes than InstaForex. Copy trading is a great option for beginner traders who can’t trade full-time or lack experience with Forex trading. In this case both AAFX Trading and InstaForex offer copy trading.

Indeed, with moderate volatility in place, the spreads really almost don’t widen at all, remaining fixed on the value of about 0.6 pips. As a result, it is often the case that you open a deal , and bam – it’s already in the black! In case with other brokers however, you often have to wait for minutes until the spread value is balanced by the return. It might get pretty stressful while scalping, especially when you have just a couple of minutes per deal.

The reason why I decided to work with the broker is that it offers a trading account with fixed spreads. From my point of view, night is the best period for trading because it’s less stressful compared to what I see in the daytime. It feels like everything is sleeping and I don’t feel a big stress when trading during this period. As a result, I enjoy a higher percentage of profitable trades.

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