62 reviews of AAFX Trading are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
I'm happy with this broker's ability to use different leverage. In particular, from 1:10 to 1:2000. This is a huge range, which opens up great opportunities. By the way, the smallest leverage is in cryptocurrencies. In this matter, I would like to have more opportunities. In general, AAFx did not cause me any doubts, because the company has been working on this market for years and most of the reviews that I found said about its confident position in the modern trading world. I am satisfied with the number of assets that are offered. In principle, it is possible to trade by indicators and work by fundamental analysis. There have never been any problems with the withdrawal of funds, it comes a few hours after I make it out in my personal account.
AAFX is quite good both for newbies and professional traders. Broker use Metatrader 4, so trading platform may improved with modified algorithms and trading robots. As former newbie, that started trading with Metatrader, I can say that this platform is okey for beginners. Also there are a lot of payment and withdrawal methods, so you can get your money as it's convinient to you. I'm okay trading with AAFX, as it's a good broker that already proved that it's good.
I like this broker because it offers a great service, which is much better than in other companies where I traded before. First of all, I am satisfied with the minimum deposit amount, it is really small, but it allows you to test all the functions of Meta Trader and see if you should continue working on Forex or try something else. There are a lot of metals, stocks, currency pairs, everyone can find something for himself. I am satisfied with the speed of the platform. I can't remember if any of the functions didn't work or if there were certain difficulties with the platform as a whole. I can withdraw funds to the resource that is most comfortable for me today. This broker has a great emphasis on training, which is definitely suitable both for beginners and experienced traders who are constantly learning new strategies.
I like this broker because it accepts a wide range of clients and everyone here can find convenient conditions for trading. From the advantages of working in AAFx you can note a large number of assets for every taste, so that everyone can find something for himself. For me it is especially important to have an affiliate program, so that I can keep recommending the company to my colleagues and get the rewards for it. I do this anyway as you see, but nice to know that your broker is your partner in all senses. This broker doesn't have any hidden functions, which suddenly appear in the process of trading and can negatively affect your capital. All the rules of use are written on the website and fully correspond to the reality. Here you can use different leverage up to 1:2000, which opens up wide opportunities to use profitable but risky assets. Another big advantage of AAFx is the small spreads, which will allow you to conduct a large number of transactions on stocks and other assets and, hopefully, to take a larger profit. Withdrawal funds on this platform is convenient, there are no hidden commissions. I use it regularly, I withdraw funds to the card, everything comes quickly. I have no idea what problems can arise when working on AAFx. Everything here is thought out in such a way that each client feels comfortable and could earn accordingly to the time, knowledge and amount of capital involved in the process.
AAFх has several advantages. Firstly, excellent order execution speed. It’s the most important thing for me, as trader, as it determines when I will enter the deal. Sometimes, just a couple of seconds may turn win to loss. Secondly, I really enjoy support of any type of transaction. But most importantly, there is a large number of assets and probably the largest leverage in the industry. I wouldn’t recommend using it all t time, but if you are confident, then leverage can help break the jackpot. Otherwise, if you constantly take risks, then chance to make a fatal mistake and lose everything is so big. So it is better to choose 1: 100 max.
I’m not going to tell some stories here that my broker became my best friend now and when markets are no good, we jump into his private jet and go to Las Vegas to waste some money we’ve made when the markets were better. No. This is just an ordinary forex brokerage that does its job perfectly fine. There isn’t much more that I can ask for. They have really good trading conditions including leverage, margin requirements, spreads, commissions, etc. The only important feature that they have and it stands out is the welcome bonus of 35% to initial deposit. Unlike it happens with some other companies, here this bonus is totally withdrawable. YOu can either trade with these money or take them out to your bank account. But no miracles here, you do need to complete the turnover requirement before you get the money. I do only 4-5 trades a week so was not capable to complete such requirements, but if you scalp and do dozens of trades as a daily routine, this broker’s bonus will be totally real to withdraw. Just have to warn you. Myself I had an idea that one can develop an algo aimed to scalp the market with near zero result in order to get this bonus. No, this will not work out, because this is AAFX policy that you can’t exit a trade earlier than in 60 seconds. So trade smart and may profit be with you.
AAFX has ruined some of my illusions about what a good brokerage must be like. I previously thought that slippages or requotes are normal and inevitable. It turned out that this is not always true. Perhaps, if you trade during economic news releases this can be true, but during normal exchange working hours it is not. Proven by AAFX. The tight spreads that the brokerage offers are a great bonus that I get with good executions that I really need at most.
I can't say I've got much experience with different brokerages, so this would be incorrect to say that I absolutely love AAFX and this is the greatest broker in the world. But I always get very serious when it comes to finance and potential risks. So when I got interested in forex markets, I've done a thorough research before opening an account with anyone. So far I can say that did a good choice choosing AAFX, because I have nothing to complain about. I know people who deal with bad brokers can't stop complaining, lol. This makes me think AAFX is good :)
They offer free demo account which I have been using for several months before funded my live trading account. The platform is MT4 and Webtrader. No MT5, no custom trading terminals. The minimum deposit is $100. Along with unlimited leverage this can give a good start to people like me.
AAFX has got a nice practice to pay their customers for referring friends. This is something we do anyway, when someone is asking our opinion on a certain brokerage that we've checked out already. I feel grateful that finally someone decided to share their profits with me when I chose to be a part of their marketing. The good point here is that you don't need to spread rumours or give out coupons near the mall entrance. If you trade with this brokerage yourself and find the service good and prices fair (I do!), you can feel free to let others know that there is such a wonderful brokerage right there. And get paid for it. Thanks! That's a good opportunity!
AAFX provides excellent orders execution along with fair pricing policies on their services. Couldn't really hope for much more :) However this brokerage really works hard on maintaining quality service and customer retention. New customers have a chance to get 35% withdrawable bonus and there is also a redeposit bonus. It would have been too generous probably to give out 35% just like that, this is why the offer is valid only if you trade some certain amount of lots in a certain period of time. In my opinion, these requirements can be fulfilled only under condition you trade actively during the day.
By the way, scalping strategies are allowed at AAFX. The only problem here is that the trade exit must not be earlier than 60 seconds since entry. Arbitrage automated strategies are also something AAFX does not like and forbids.
The rest of trading conditions are excellent. You can trade using MT4 platform and can feel free to use Expert Advisor strategies.
They start at 2 pips for EURUSD and remain in between 2-6 pips for currency pairs normally. Variable spreads seem to be even better, but they are floating which can get a bit frustrating. For CFDs spread is always different and depends on the instrument. I trade oil and gold. For both spread is $0.03.
It goes up to 1:2000 for currencies trading on forex market. CFDs leverage is limited to 1:200 most of the times. Metals can get 1:500. I think that this type of leverage is simply indicating that traders have near-unlimited opportunity to use leverage, but have to control risks themselves. Come on, we are all grownups here. Limit you risks per trade, trade smart.
There are none that I know of for sure. Withdrawals are free. Spreads are the only expenses per trade. Depositing is also free for sure.
I don't really understand why AAFX brokerage is still not in the top of all ratings. I've been working with them for over 2 years now and they only get better so far. The most fascinating feature is their commissions policy. You only pay spread per transaction which is in quite tight in comparison to AAFX competitors. There are no swaps for overnight positions, so the brokerage is suitable for long-term trading and investments. No hidden fees, no extra commissions per trade. This is not just a forex brokerage, so if you prefer CFDs, feel free to consider this option as well. Someone would mention 1:2000 as an advantage, but in my opinion in real life people do not use such leverage, so this is probably some type of a promotional feature used to stand out among other brokers. IMHO, low spreads and reliable orders execution of AAFX is enough to stand out, but I'm not that profound in marketing to judge on this matter.
In the beginning, I opened an account with Aafx just to invest in stock market shares without swaps with leverage – I’ve read, that this broker offers such conditions. But then I got interested in scalping somehow because it’s kind of boring to wait for years, then the deal will bring you profit. I think, that trading should bring not only money but also pleasure, that’s is why I started to put hands into scalping. I like scalping; this is a very dynamic style and you don’t get bored. And Aafx has good conditions equally for both scalping and investment. Maybe, this is not the only broker where you can scalp with benefits and do long term trading, but I don’t know any others and this one works for me.
I change my hardware all the time. Too many coffees spilt on my laptops, lol. This is why I prefer to have access to markets through web trading platforms. Installing all this soft is such a torture! Unfortunately, all unique offers that I’ve examined were either too plain or simply inconvenient to use. Glad that AAFX support pointed out that they have Webtrader among other options. This metatrader product completely satisfies me + ther is also a mobile app that I can use too. I do recommend AAFX for trading forex and CFD! Very thoughtful and professional support they’ve got there.
Some people say that AAFX welcome bonus is a mere illusion. In order to get +35% to your deposit you need to trade a total volume of $6000000 dollars on your account. Don’t get desperate! 6 millions sounds like a lot, but have you forgotten all about the leverage? No, I don’t suggest using 1000X leverage and lose all of your deposit in just one trade. But how about 100:1? Why not? If you only have a depo of $1000 the mission seems not so impossible to complete! Once again, if you do not feel comfortable trading under bonus pressure, simply ignore it. AAFX has got nice trading conditions anyway. But in my opinion +35% is a nice motivation. The bonus is withdrawable! This is why I insist so much on applying some effort to complete the bonus requirements. If you are still not persuaded, then just forget all about bonuses. I was simply trying to share my positive experience. :)
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