And I would like to emphasize once again – in full. I agree regarding the spreads, they are really pretty tight comparing to other brokers. And by the way, shares available not only for VIP clients, but there is also a list of shares, which are available for everyone. Just VIP can access more, they have special conditions and so on. Since the website of the broker is not functioning, we couldn’t test the platform and verify the quality. However, there are many reviews by the clients, as well as regulatory body warnings, that are showing who this broker is.
There is always something to take a careful look at in conditions. Nevertheless, I opened another account with the broker. I opened a Fixed account after I read about fixed spreads.
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I can really say that my AAFX broker is reliable. A reliable and trustworthy broker is very important for a company like forex trading. This broker is not only serving me with their different trading structure such as variable spreads, ECN account, high volume leverage but also there the trading platform is very secure. I know that my investments are saved on their platform.
So the range of assets and trading conditions is large, while the high level of leverage offers flexibility for different trading methods. MT4 and MT5 platforms are available in several versions for any type of gadget. If we speak about forex trading, then fixed spreads start with 2 pips, for example, on eurusd, while variable spreads start from 0.5 pips on the same currency pair.
We are committed to the fair handling of reviews and posts regardless of such relations. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Many FPA Day trading members complained about problems with AAFXTrading, and three of them brought FPA Traders Court complaints against the company. The FPA now considers AAFXTrading.com to be a scam.
Yesterday I had a technical problem related to my Internet. I contacted the support team and did everything according to their advice and the problem was solved within 10 minutes. I really like the fact that this broker offer minimum deposit 100$ because I have no more money to invest in trading activity. I think its enough to start trading and earn money. The broker has many ways to deposit as well as to withdraw. The minimum deposit amount is only $100, you can start trading on a real account starting from such a small amount.
Weak broker regulation (but it’s compensated by tight spreads and high leverage). That’s reasonbly fair if you understand how much regulations cost. Now I have opened several accounts and I`m testing various trading strategies. Trading conditions are the same as in many other companies. I heard about this broker for a long time, but I never dared to try trading here. And then, a month ago, I finally decided to remedy the situation.
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Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent. It’s grown by $ % in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade. AAFX Trading safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. AAFX Trading also urges its clients through its web platform to always look for the SSL security sign on the browser while operating AAFX Trading.
- AAFX support claims there are no swap fees at all.
- Be aware that different entities under the AAFX Trading Brand offer different trading instruments due to regulatory restrictions.
- I’m also very glad I’ve never had to face the withdrawal problems.
- It’s been a month only since I’ve started working with them.
- It’s easy to understand what is so “dangerous” in AAFX and other decent brokerages with an offshore registration.
CFDs are complex instruments, due to leverage retail accounts lose money. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. Personally, I think the fact that it isn’t very profitable to practice scalping with a brokerage isn’t its disadvantage. My opinion is that scalping isn’t the peak of a career for real, professional traders.
My forecasts were obviously weak and not fully thought out. But I couldn’t stop myself and I began to understand the market in more detail. It took quite a long time, but as a result I became what I am today – a trader with a good account and knowledge of the market. And I have not changed my broker during this time.
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Yes, AAFX provides quite a lot of education materials. The broker provides free access to various training videos and e-books and stuff. In fact, it isn’t always convenient to learn from the broker’s training materials, but if you are a beginner trader, it will help you. But I would still recommend to combine training from a broker with some additional courses to make training more effective.
However, we cannot guarantee that the site is a scam. Before you shop at a site you do not know, check for yourself. Remember, that Forex trading isn’t ‘free money’ and you should be skilled enough to earn there. First and foremost, trading is a pleasure when Mt4 works properly and brokers don’t put sand in your wheels.
This Report Can Help You Determine If Aafxtrading Com Is A Legitimate Website
You’re right, these are really very important nuances that also caught my attention. A very decent company, which is really surprising, given how many dishonest brokers Venture fund are now and how hard it is to find something good. Really, sometimes we have to blame someone for our failure. It’s hard to admit it’s our fault for what happens.
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The assets list includes forex currency pairs and few dozens of CFDs. This is why I chose this brokerage and I recommend it because their promises were Price action trading not different from what I really got once opened a live trading account with them. Always had a difficult time making up my mind about the broker.
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Good spreads, especially on the ECN account, executions are also fast which results in few slippages and requotes. What I can also point out is that support works fast. You just open the chat in the browser and get the answer any time of the day or night. Very important for forex brokerage in my opinion. The minimum deposit was only 100 dollars, which was a pleasant first impression.
I like that AAFX has such an affordable minimum deposit. Frankly speaking, it’s a little embarrassing when other companies immediately demand a considerable amount from you to start. This is not very conducive to further cooperation. I have never seen that the spread of a currency pair such as EURUSD was less than 1.5 pips. You can get fixed spreads on Fixed Spreads account and variable spreads on ECN account.
Here you can choose from three types of accounts available, and they can be with both variable and fixed spreads. The broker offers a very large leverage, I only once had the desire to use it on aafx trading review a cross rate, it was successful, but I do not risk anymore. Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources.
I moved to AAFX Trading on purpose, at that time I was already trading with another broker successfully, but I decided to try a new broker hoping that it would be better. Nice broker and it does not even require a big deposit. If you are looking for a good reliable broker, you can safely try it. All brokers need to make money, and it is important for you as a potential client to figure out how AAFX Trading does this. AAFX Trading review discusses any commissions, fees, or spreads AAFX Trading will ask for.