AAFX Trading Questions & Answers

Of course, the biggest difference is the type of spread. ECN is just variable spreads. FIXED means only fixed spreads.

I guess you are asking for the trading software. My advice is to start with MetaTrader 4. Why? I will explain. First, this trading app is so called the golden standard in the industry. Almost every broker has included in its offerings. Probably it is the most popular trading app in the same time, used by million of traders worldwide. Second, it is simple to use, the interface is intuitive and takes a little or no time to get acquainted with. Third, even tough it it relatively simple to use, it is powerful. Almost all the importan indicators, and other analysis tolls are included. And finally, this a platform that is suitable for every level of experience. You can find beginners just starting out on their trading journey, or professionals with decades of experience. Additionally, once you feel comfortable trading with MT4, it will be so easy for you to switch to any other trading app, as I said, it is the golden standard in trading ;)

Yes of course. The swap free option in the accounts description means the possibility to open an Islamic account. I would be surprised if I knew that AAFX can't provide accounts for Muslim traders. That would be unacceptable.

When the price stands in one place, speculative operations in the forex market are meaningless. Sometime before the opening of the European session the currency rate is set, so the morning hours may interest traders. There are also periods between sessions, i. E. the period when trading is carried out at two trading floors simultaneously. This is the time of high volumes and intensive market movements. 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.

The broker offers a variety of Metatrader platforms for trading. The trading platform offered by the broker is MT4 and MT5 for PC, MAC, mobile, and tablet or Web Trader (MetaTrader product, but no need to download and install the app). Of course, each platform has its advantages and disadvantages. For example, for a beginner I would recommend using Metatrader 4 or its light version for web trading.

Yes, we live at a time when we're being offered something good and we can't believe it. All this is sad, really... Don't worry, there won't be any unpleasant surprises, it's OK.

When you get the bonuses, they become part of your capital and you are free to use them in trading. And you can withdraw them from your account after a full workout. It's convenient and profitable, especially if you trade on a regular basis.

There's MT4, so it works well, as in any other brokerage. I noticed no lags and no delays, response time is fast.

Look, it's likely that there may be some peculiarities due to geographical location. I've read that it can affect certain conditions. I had a $100 limit. Also, I just checked official website and double-checked it. It's exactly like that. You probably need a hundred bucks to open trading account here.

Well, swaps, roll-overs and overnight fees are basically the part of cost to your trading that you pay to your broker for holding your position into the next trading day. That's what they don't charge.