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. The MT5 is an amazing trading platform and I absolutely think all traders should use it. I am really excited that AAFX made this platform available to clients.
- Of course, each platform has its advantages and disadvantages.
- This is the time of high volumes and intensive market movements.
- AAFX Broker also provides a user-friendly trading environment with powerful tools and platforms to support trading activities.
In addition to these lot sizes, AAFX Trading also offers the option for traders to trade fractional lots, which allows for even more control over trade size. Fractional lots allow traders to trade with specific unavailable trade sizes with standard lot sizes. This can be particularly useful for traders who want to implement specific risk management strategies. The company has over 100 employees who work to ensure that clients are well-catered for and that the trading conditions are optimal. Customer support is available 24/5 and can be accessed through email, phone, or live chat, with multilingual support available.
Such a variety of promotions so it’s a great sound for newbies. They can increase their equity with different options and trade bigger volumes. Before we look at the deposit methods accepted by this broker, it is worth noting that your money is safe with them. Firstly, they fall under strict regulation of the Financial Services Authority of St Vincent and the Grenadines.
AAFX Fixed Spread Account
Brokers provide different trading software for their clients. This is normally called a trading platform and it is used for making trades. AAFX Trading offers several different ways you can deposit or withdraw.
Well, aafx trading is good for me, I would love to have better educational materails. They fudning and withdrawals are very very fast and secure. It is always possible to sustain a loss of some or all of an initial investment. AAFX Trading does offer its clients an educational video library that is available in both English and Arabic. The videos cover a wide range of trading-related subjects, including MT4, trade strategies, crypto-currencies, and more.
AAFX Trading Platforms
The broker supports multiple payment methods such as bank transfer, credit/debit card, Skrill, Neteller, and other e-wallets, making deposits and withdrawals easy. It is unusual since all cryptos at every forex broker, go with the commission. And considering aafx trading review the price of Bitcoin this commission is quite a burden I must say/
But AAFX offers not only commissionfree crypto trading but also rather high leverage. Such volatile assets bear a lot of risks so brokers try to restrict leverage to reasonable levels.
Once you realize that your margin isn’t enough to make good profits, and u are ready to take these risks, u can use leverage. 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. Spreads start from as little as 1 pip on the US 500 when using the ECN account type. Which is totally fine, since you can withdraw directly to your exchange and transfer to fiat.
2000 upto leverage
Unlike most brokers, AAFX Trading does not require a deposit to grant access to the demo trader. However, you need to deposit to access in-depth educational materials and a dedicated account manager. The minimum deposit required to open an FXView Account is USD 50. FXView provides access to 2 different live trading accounts, Raw ECN, and Islamic, Swap-Free.
AAFX fees compared to AvaTrade fees
By solution, I mean its mediating abilities, to speak so. It delivers competitive trading conditions and it doesn’t concede top-ranked brokerage companies, and, in some aspects, it may even excel them. Like, leverage offered by the broker is very high which opens dozens of opportunities for those who trade small margins. Big leverage can of course be jeopardy, meaning that it can potentially bring substantial losses, but I hope you are wise traders and know how to deal with leverages. I’m imressed with trading conditions that company provides to its clients. I am a client of this broker myself, so I’m writing this review.Besides, these conditions are available to everyone!
AAFX Trading has a rating of 4.8/5 on TrustPilot after 50 reviews and 3.5/5 on Forex Peace Army after 66 reviews. Most of the reviewers are happy with this broker’s easy to use platforms, customer service, spreads, educational resources and withdrawals. Even so, there are several complaints about its tedious verification process. There are no deposit fees, withdrawal fees, or inactivity fees, which is always a good start.
One thing that is good with this broker is that it offers both fixed-spread and floating-spread accounts, with trading fees depending on the account type you pick. Trading fees on EUR/USD start from 0.4 pips when using the VIP account, but this takes a large chunk of cash to open the account. For ECN account users, spreads start from 0.6 pips and average around 0.8 pips on EUR/USD.
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. Aafx trading gets you good odds in this challenge, which are flexible trading conditions, high levels of available leverage and high speed execution. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. The process of registration was the smoothest in my life.
INEPT AND INCOPERATIVE CUSTOMER SERVICE
Apart from cryptocurrencies; AAFX provides a wide array of classes, including a huge number of stocks. So fear not, you won’t have a shortage of instruments for trading. As mentioned earlier, social copy trading with AAFX Trading takes place through the MT4.
Many clients have reviewed AAFX Trading on various platforms, and the reviews are generally positive, with clients praising the excellent trading conditions and customer support. AAFX Trading has established itself as a reliable and reputable forex broker in the industry. AAFX Trading offers the renowned MT4, a trading platform that is popular with both beginner and experienced traders, and a variety of third party trading tools.
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. There are, however, execution-only brokers, they do not get involved with any direct personal investment guidance.
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. Despite successful transactions, withdrawals became a nightmare. They were constantly unable to process my requests and the support team was unresponsive.