I'm currently testing my strategy here and the broker's 1:2000 leverage is an essential component of my trading approach. Specially for this, I opened a Fixed account with the broker. I usually test strategies on real accounts. I guess I have reached my goal at 75%, the strategy still needs to be improved.
Aafx is an officially licensed broker which can be trusted and which has cool trading conditions. I mean that there are no commissions and low spreads combined with the high leverage and negative balance protection. So, if you take your chances, you'll get good profits from trading.
Aafx has something specially for my trading system. As I'm not new to trading I developed my own trading strategy. Basically it consists of defining long term trends and constantly adding positions throughout the trend. It requires two things:
1. High leverage. As you add positions you need leverage to do it. Nothing too crazy, 1:500 is usually enough. In some cases 1:1000.
2. Swap-free. AAFX offers this as a default on EVERY account. This is what you cannot see very often as a trading condition. As a matter of fact I've never seen this option on any broker.
Glad to found my forex broker. Wish everybody the same.
I've been interested in fixed spreads for a long time. But almost everywhere they start from 3 pips. And here it's only from 2. Still, it's a big and very pleasant difference. So now I have a new and interesting stage in my work.
I like to use different trading strategies. Here i found all that i need. Dozens of stocks indices currencies commodities and bitcoin
Intuitive trading platform with the opportunity to launch an algotrade robot
Large leverage 1:2000
Min depo 100
With 500 depo u get 35% welcome bonus
Broker AAFX Trading gives you the ability to plan my day the way I want. It seems to me that this is the main advantage. Because we all do not like when the schedule and the boss prevent us from living the way we want. Therefore, Forex trading allows us to have financial freedom.
Why AAFX Trading, you may ask? It's that simple! Three simple things:
1) Excellent trading software with a full range of functions and tools for analysis and trading;
2) Leverage 1:2000;
3) Bonuses for all deposits.
I think I need to keep trading with this broker.
By the way, this is a legal company and all information can be easily verified.
Taking into account all the features and services that the broker has, we can say that there are both advantages and disadvantages. But the disadvantages are insignificant and do not affect the profit. So you can make your own conclusions. After studying the terms and conditions of this broker, I did not find any pitfalls or significant disadvantages.
I'm personally happy that I work with this broker. Finding it was one piece of luck. I didn't discover it on my own. I'm a member of one trading group and some of folks gave me a link to this broker. I'm grateful to that guy and I feel that I owe to him because his tips turned out to be a good gift for me.
I value this broker for a very wide range of leverage size. To be short, here I can be either a long-term investor with 1:10 for example or aggressive speculators and this time I can count on 1:2000 that might sound insane for overcautious guys. They just don't know how to use it. Such leverage requires big practice in the past, I mean greater experience with smaller leverage. Of course, if you lack sufficient trading experience, you'd better refrain from extreme leverage.
My trading experience with AAFX is very good so far. The speed of orders is pretty impressive, especially compared to my last broker.I also like the possibility to trade with 1:1000 leverage, which I never did before. I must be careful though.
Yeah, Honestly, working with this broker was quite good. Of course, I found some small minuses in its work. But it didn't affect my trading and experience in any way. Hoping for better results as I am getting more familiar with new strategies...
I trade Forex in this company. But there are a few financial markets customers can gain assess to. I like a comfortable Personal Account here. I think, it`s cool, when every detail has carefully been considered. It is showing professionalism of the company. There are many useful features in account. It`s possible even opens web platform to monitor a market fast without lunching any other apps.
Every trader know you can't recover funds that have been lost on the market as a result of bad financial decisions. And every AAFX client knows this company has been operating successfully since 2014 and they didn't scam anyone. Shame on new for spreading these slanderous rumours to promote your scam!
I was looking for a broker which would fit ALL my needs (and I'm very demanding, believe me). And my friend once advised aafx. I went straight to the site to see what the broker was like. An hour later, I already opened an account with fixed spreads here. The deposit cost me only $100, which is very competitive compared to other brokers. I also like the fact that a broker doesn't limit you in your choice of leverage, I appreciated it. It's all about knowing how to use it ;)
When people talk about this broker, they usually mention its high leverage. Such high leverage as 1:2000 is available for ECN and FIXED accounts. For an account with large deposits leverage level is lowered for some assets to 1:500. By the way, I took my trading strategy, which I use in trading, from the electronic books at the broker's web site and modified it for my own needs. I like the speed of execution of requests and the smooth running of the trading platforms. The broker has really low spreads and the minimum deal size is 0.01 lots.
Some people are naive. They think they can make a quick buck here... lol... Frankly, that's what I thought too.
As you all know to make money with AAFX Trading you need to have a lot of time to learn demo trading.
This is important.
You can't do it any other way!
Trading has fascinated me for a long time and I think I've succeeded in it. I do not think that the broker is to blame for my achievements or failures. It's just a tool. So I just work on myself, take profit and feel that I have enough for a cozy and calm old age.
I like that the brokerage is simply doing its job well. There are no excessive promotional campaigns, meaning they don't spend fortunes on ads about how easy that is to become a professional trader and how fast you can become a millionaire. The less money is spent on ads, the better trading conditions they can offer. Tight spreads and excellent execution. This is the kind of promotion I'd like my broker to have and this is what AAFX has got.
AAFX is one of the best brokers on the market. There are tight spreads, so you can trade even of highly volatile market. For those, who want trading to be even more predictable, there is fixed spreads option. I don't use it, but a lot of my friends do and are very satisfied. Another advantage is small initial deposit - only $100. So every person can try AAFX and than make a decision. For those, who are interested in withdrawals, I can say that for the whole time there were no problems and I always get my money in 2-3 days. In case if there may be some delays, I can always contact with support to get information in detail.
Now I have no opportunity to work in the usual way due to taking care of my children, so I decided to find another kind of earnings for myself. I tried my hand at trading on the financial market. I have to say that it was successful, and I have to thank AAFX Trading broker for that! The broker is very adequate, works great, no complaints so far.
Not bad conditions, in fact, for trading, various kinds of bonuses, and funds can be withdrawn very quickly.
I think the only drawback for me is that clients have to open a position for at least 60 seconds on all account types. Of course, I understand that this is done to protect themselves, including the protection of other traders from the trading platform hangs. But some trades, when the market turns in the opposite direction, I want to close immediately.
I understood the risks of this business and I wanted to choose something that would really be a great support and confidence for me in the future.
And I'm glad that I made the right choice, because this is the broker where I noticed a normal demo that I can use anytime and this is where I learned the difference between the different types of spreads and believe me - it was an amazing discovery for me. Because with this I was able to adjust my work and allocate capital more accurately and keep risks under control.
Here I also started to pay more attention to news and fundamental analysis in general, which is also a profitable direction in the market.
Answer: Of course, the biggest difference is the type of spread. ECN is just variable spreads. FIXED means only fixed spreads.
Answer: 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.
Answer: 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.
Answer: 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.
Answer: 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 :))
Answer: 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.
Answer: 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.
Answer: 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!
Answer: 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 ;)
AAFX Trading has a rating of 3.3 stars from 109 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with AAFX Trading most frequently mention demo account, long time and high leverage. AAFX Trading ranks 16th among Currency Trading sites.