AAFX Trading
Questions & Answers

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

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.

The amount of leverage depends on the type of assets you are going to trade. And for less volatile assets like currency pairs, leverage can actually be as high as 1:2000.

Why wouldn't you need them? It is not a question of whether or not you need it, it is a question whether or not that would be extra useful for you. That's a boost, and they are giving it to you as a perk, why not use it for your own good and favorable results :))

I don't know exactly whether scalping is allowed on this platform, but I know for sure that conditions here are favorable for scalpers. Execution is lightning fast, as I'm, a daytrader, and have no complaints about it. So, I'm fully convinced of the absence of any slippages or requotes which can potentially influence scalpers' yield.

That's a relevant question I guess. Many traders are inclined to pick different methods which are the most convenient for them, and, of course, it's crucial for a broker to deliver this choice. I actually chose Bitcoin as primary withdrawal method mainly because there are certainly no latencies in transactions processing, as the technology itself is cutting-edge one, and, surely, increased safety is ensured too. And, topping it off, min. Sum for requesting a withdrawal is pretty much acceptable.

I must say I am quite satisfied with the spreads. I trade only a few major forex pairs, and I was surprised to witness a couple of times even zero spread on the EUR/USD pair. You can see from the table I have attached here that the average spread for all the major pairs is below 1 pip. Objectively these are good spreads for the ECN account type, and if you are looking for tight spreads you should consider this broker and this account. I personally recommend it!

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 ;)