AAFX Trading Review Is aafxtrading com a good forex broker or a scam?

03 июл 2020

For example, for a beginner I would recommend using Metatrader 4 or its light version for web trading. It well known that only broker with right terms and conditions for traders will be successful, stable and won our authority at the end.I want to trade comfortly so that’s why I’m here. Broker support customers with welcome, redeposit and refer a friend bonuses. Small minimum depo enter and flexible accounts conditions is fine for all. AAFX offers opportunity to use both fixed spreads and variable ones. I think fixed spread will be good in case you’re trading in the long-term, but if you’re scalper or short time trader, than variable spread is better.

Comparison of AAFX with other Brokers

One of the biggest advantages of aafx is that there are no withdrawal fees or anything else. You cannot close a deal within 60 seconds after opening it. In fact you can, but if https://forexbroker-listing.com/ you profitd from such a deal, it will be removed from your account. So just in case you have to be more careful with it, if you don’t want to get into an unpleasant situation.

Trading Platform

AAFX provides access to the full set of MetaTrader platforms. The biggest weakness of the MetaTrader platforms is that they look a bit dated. MetaTrader 4 (MT4) was released in 2005 and MetaTrader 5 (MT5) was released in 2010. Since their release, the platforms have not changed much. Yes, they look like old windows programs, but they can easily run on old computers as well.

AAFX TRADING Review

This broker can process your deposit and withdrawal requests wherever you are. As long as you have a good internet connection and you are a registered AAFX user, you can withdraw funds from your trading account. Withdrawal requests are processed within three business days. In regard to what exactly is a Forex broker, it is a firm that gives traders admittance to platforms that let them buy and sell foreign currencies.

  1. They ensure this through several measures such as segregating client funds from the company’s own funds preventing misuse under any circumstances.
  2. The broker is legally registered and regulated under its official business name AAFXTrading Company Ltd. by the Mwali International Services Authority (MISA).
  3. I noticed no lags and no delays, response time is fast.
  4. MetaTrader platforms are popular among brokers because they offer an extensive range of technical analysis tools and support algorithmic trading.
  5. I have never seen that the spread of a currency pair such as EURUSD was less than 1.5 pips.

THEY DID NOT GIVE MY MONEY

They have also added a live chat option to their website for faster assistance. This shows that AAFX Trading is committed to providing excellent customer service to their clients, continuously working to improve in this area. AAFX Trading has a customer service rating of 3.9 stars on Trustpilot, based on 109 reviews. While this rating is quite good, there have been some negative reviews about the broker’s customer support. Each regulator has its own requirements for brokers, which may differ substantially.

It`s possible even opens web platform to monitor a market fast without lunching any other apps. AAFX offers a lot of features and tools using which, I can create something else. I mean, this broker has a kind interface, a wide range of assets, etc.

IFX Brokers Fees and Spreads

One of the main things I want to say is customer support. These guys answered my question very politely and intently. Which is totally fine, since you can withdraw directly to your exchange and transfer to fiat. However, Aafx uses such low transaction fees (53 sat/vB), it takes between hours for the blockchain transaction to be confirmed.

AFX Trading offers its clients a variety of bonuses, promotions, and rewards. There are 152 assets available for trading with AAFX. Traders have access to trading 62 FX pairs, 13 commodities, 11 indices, 2 cryptocurrencies, and 64 shares as CFDs. Keep in mind that MT4 doesn’t support multi-asset class trading, so for those looking to trade assets other than FX, we recommend going straight for MT5.

Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers. This means that the traders receive direct access to the broker’s liquidity providers. AAFX is not involved in dealing; all quotations come directly from the market, which guarantees fair prices, tight spreads and maximumquick execution. AAFXTRADING does not provide opportunities for passive investing, but the conditions for the traders are attractive. The clients of the company can work with currency pairs and CFDs on stocks, equity indices, energies, precious metals,commodities and cryptocurrencies.

Fast withdraw like when i request for withdraw i get in few hours. I suggest this broker to everyone who looking for a good broker. Yeah, I know what you mean) I love trading for the same reasons. I’ve been trading with the aafx for six months now and I’ve felt how much my level of trading has increased.

Yes, AAFX is one of the few brokers that is working with US clients. However, our personal recommendation would be one of between Forex.com, FxChoice and Pax due to better trading conditions. The AAFX Trading brokerage combines all the services in one offer. High and flexible leverage together with low fees and fast connection are the main strength from the trading point of view. You can get fixed spreads on Fixed Spreads account and variable spreads on ECN account. Well, aafx trading is good for me, I would love to have better educational materails.

For novice traders, AAFXTrading offers educational tools to help develop their trading skills and knowledge. The availability of free demo accounts allows beginners to practice trading strategies without risking real money. Moreover, the broker’s mobile compatibility with both Android and iOS devices ensures that traders can access their accounts on the go. Experienced traders will appreciate the ECN or VIP account type offered by AAFXTrading. These accounts provide variable and raw spreads that may be more favorable for advanced trading strategies such as scalping and hedging.

MetaTrader’s platforms can smoothly run on even low-budget devices and they are reliable and trusted. Keep in mind that MT4 was built for trading currencies and if you are planning to trade various asset classes, such as stock CFDs and others, it’s best to pick MT5. There are 64 available stocks as CFDs for trading with AAFX. Trading CFDs is best for speculating short and medium-term as you can go short or long, use leverage, and trade more liquid assets. On the other hand, real shares are better for investing long-term as you do not pay rollover fees. The most catchy thing about it — zero commissions and swaps.

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. There’s MT4, so it works well, as in any other brokerage. I noticed no lags and no delays, response time is fast. Yes, we live at a time when we’re being offered something good and we can’t believe it.

I realized that my friend cannot fool me and I created a real account.So, I trade on the platform for a year. I replenished my account several times, and twice withdrew the money. This is a quick and convenient way.I like this broker, so I can advise him.

Except for the increased number of timeframes, it’s nearly the same platform. It’s believed that it works faster because it’s a 64-bit program but you can hardly notice any difference. 1) 35% Welcome Bonus — The new traders who deposit a minimum of amount of 500 EUR/USD get the 35% tradable bonus. The website has a Live Chat feature where you can get accurate and easy answers to your questions. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs.

It will all depend on what goals you set for your trading. For example, a very strong point of mt4 is the perfectly supported algorithmic trading capabilities. The MQL4 IDE is built into the program and you can create robots of any degree of complexity right in the program.MT5 is an even more advanced version that also supports algorithmic trading. aafx trading review In addition, the fifth version allows hedging, there is an improved chart and more timeframes, exclusive first class indicators, MT5 Supreme Edition integration and much more. Aafx is a nice broker to deal with.Perhaps, one of the most important things to bear in mind is to understand whether a broker is trustworthy or if it is just a total scam.

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