I don’t have that much experience in forex, but not that long ago I came across AAFX trading broker. I had a chance to read the overview and reviews. I read on Quora about the ways to check the broker on reliability. The questions list from different users ended up to be quite long. Approximately I understand what kind of risks are out there if start trading with AAFX Trading. And I’m more interested in how to make a correct estimation of the conditions and to check if they work for you. Should I take into account some specifics of my trading strategy or is it better to concentrate on the main criteria? For example, if the broker doesn’t cause any issues and steadily withdraw the money – then can I ignore better conditions and get less profit, but to be confident in withdrawals any time?
When I was just starting forex - I didn’t really understand what the right way to choose the broker, after I got bad experience – I understood that it is important to scan the broker on the potential scam. And now I try to understand, how to choose the broker with the most relevant conditions. What can be ignored and what is not. Here I can also give an example. Let’s say AAFX trading has 1:2000 leverage, but I don’t know at all how I could use it. Seems like an advantage, but personally I don’t need it. I hope, my explanation is clear enough. I decided to choose a particular broker as I’m checking it right now and understood that it is easier to clarify everything on the real example (as many answers on Quora are very theoretical).
When I was just starting forex - I didn’t really understand what the right way to choose the broker, after I got bad experience – I understood that it is important to scan the broker on the potential scam. And now I try to understand, how to choose the broker with the most relevant conditions. What can be ignored and what is not. Here I can also give an example. Let’s say AAFX trading has 1:2000 leverage, but I don’t know at all how I could use it. Seems like an advantage, but personally I don’t need it. I hope, my explanation is clear enough. I decided to choose a particular broker as I’m checking it right now and understood that it is easier to clarify everything on the real example (as many answers on Quora are very theoretical).