Well, I'm trading with this brokerage since 2016, so I think my experience is long enough to build an objective opinion.
1. The list of assets is quite wide, you can trade Forex or invest in stocks/indices or even crypto. For those traders that are looking for expanding their portfolio that's the strong advantage. I started with Forex only, but now I've investments in almost all types of assets.
2. Brokerage offers high-leveraged trading. I think 1:2000 is too risky, but I'm trading with 1:400 and I'm okey with it.
3. There's some education and demo. I can't say they're of high-quality, but if you're new to trading, AAFX education materials can help you a little bit.
So if you're looking for a stable place for trading, I think AAFX is a nice one.
AAFX can be considered a reliable broker with great potential, because it has long been on the market and will certainly not leave its leading positions, because it has already been tested by a large number of traders with different levels of training and generally different requirements for the broker. There is a very convenient trading terminal and a lot of instruments that are available for different levels of accounts, so here you can trade in a convenient format and achieve your goals accordingly.
Honestly, I like the broker very much. The team created good conditions for trading... But I do not remember, is there a time limit for closing orders here? If yes, then of course it is a minus, but I trade on the long term and the other conditions here are great...
I read today that AAFx has too high fixed spreads and I also thought about it.
Because yes, on the one hand, it is stable to "give" the whole three points - it is a lot. But everything is stable, and you understand that with any changes in the market you will not "spend" more.
On the other hand, in one company, I encountered "fixed" spreads from 1.5 points. But in fact, they were also influenced by the market situation. And several times my losses because of it exceeded all my expectations.
So it's true that a lot is learned by comparison. And that's why I can't evaluate this company's spreads as high. For me, they are acceptable. And what is more important, they are stable and correspond to the spreads declared on the company's website.
Not long ago I decided to open a demo account with AAFX Trading. I needed it to learn how to trade Forex. I understood that this is what will give me a chance to have financial independence. In our unstable time, this is very important. Quarantine and the pandemic have shown us that there is the possibility of losing job at any time. This should not be allowed.
Forex trading is getting easier for me every day. I study. Here on the AAFX Trading website there is information and analytics for trading. It helps me a lot!
Actually, the thing I was most excited about was finding out that a broker had a bonus system. Of course, to get those bonuses, you have to fulfill some requirements: c But to me, it doesn't ruin the fact that aafx clients have the opportunity to increase their deposits for free, because the brokerage gave us this opportunity. But enough about that. Other than that, aafx is also good, knows a lot about good work with clients.
I have been working with AAFX Trading for a long time and my impressions are only positive. I do not have any complaints about the execution of orders, the withdrawal of profits is also OK. There is a demo account where anyone can try their skills.
In general, I don't have much experience in trading, and I started working with AAFX recently. Basically, I am satisfied with everything in the broker's work. I also like that there is a training and demo account - helps to gain some experience, which I slightly lack.
It's just as cool that you can choose between fixed or floating spreads, all for $100. But as a beginner I'm a little uncomfortable that a brokerage has such a big leverage - 2000:1. I have a little fear of clicking or choosing something wrong, and set the leverage too high. However, I think this feeling is typical for a beginner, and it should pass soon. Working with AAFX is interesting, and I want to know what I can learn with it.
AAFX Trading meets my main requirements - stable execution, orders are always able to enter the market, spreads are minimal, and even on strong news the spread is within adequate limits. And the support is great as well, if something needs to be clarified they give me the explanations without problems, even if I am a little bit slow in asking questions.
At first sight, AAFX appears to be a typical broker that offers a standard array of financial instruments and classical trading platforms Metatrader 4 and Metatrader 5. The broker also ensures quite normal execution, which doesn't make it unique either.
Nevertheless, its strikingly high leverage makes it stand out from other brokerage services that don't provide such a unique service. With 1:2000, you exceptionally increase your depo even a very small one. On the other hand, it can burn your depo for less than a minute.
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.
I trade intraday at the times of the news releases. This is my strategy. I like that the broker's website has a section that contains the latest news from the world of finance. I don't need to use multiple resources, everything is available on one. The educational center helped a lot. There are many videos where a beautiful girl clearly talks about trading, what strategies are there and what types of candle patterns you can see on the charts. Of course, I haven't made much money yet. I made a deposit of $ 500 and received a 35% bonus. I was already able to get them out. Many had problems with withdrawing money and supporting. Broker AAFX has no problem with this. I will continue trading here.
Started trading with this broker at the beginning of the year. And you know what, in general its a good broker.
* Hit once on a candlestick with a long shadow against an open position. The money was returned. * There were no problems with the withdrawal. The money was transferred a few hours after the order.
* Operational support, although not always sensible.
* Complaints about requotes. The site indicates the execution time of orders in 0.1 s. In case of strong volatility, the price changes even faster. Disagree with the recovot - choose market execution or place take profit.
Conclusion: before complaining and whining, make sure that there is no stupidity of your own.
I've been working with an AAFX broker for a long time and I haven't found any clear minuses yet. Also, congratulate me, I recently made my first withdrawal in bitcoins. Personally for me I don't see any big advantage in it, I was just curious to try it. So if you are also interested or need to, you know what broker provides this opportunity) Otherwise, a broker is not much different from the other good brokers. I like it also how well their clients support works, where you can address any question and at any time.
Many traders don't know about high-leveraged trading but that's the thing that can allow you to increase your profits significantly. Of course, there are a lot of risks but the opportunities are high as well. As far as I know, AAFX trading is the brokerage with the highest leverage (1:2000) on the market. So, my respect!
If you wanna try high leveraged trading, I think that's one of the best places.
It's believed that the main advantage of this broker is 1:2000, but it wasn't the thing that attracted me. I came here to trade with fixed spreads. I needed them for night trading and I got what I expected. It's so good to see that your spreads are always intact.
I came here solely to try their 1:2000 leverage. I'm not afraid of using it. You can lose with smaller leverage too, with this you can lose much faster, haha. Just be cautious, think twice and carefully analyze the market before opening a trade with this leverage.
The way this world works is that many people want to have money. Some people understand their possibilities and find a job they like. Some people have a difficult path and go by trial and error. And some people just don't do anything about it.
I understood that Forex trading was really a good job that could bring good money if people weren't afraid to take responsibility over their actions.
I trade with AAFX Trading. I also came here as a beginner, but thanks to the excellent education and my persistence I achieved quite good results already after half a year.
In fact, if you follow discipline, it's pretty easy to boost your account. AAFX Trading analytical tools can always come in handy
Started working with broker AAFX Trading. I have traded for a long time before and I cannot say that this is very different from others. When I received a 35% deposit bonus, I was surprised that it was very little. But then I was even more surprised when I received 25% on a repeated deposit)) What really makes him more interesting than others is the support service. They work very well. I still don't understand why they made the maximum leverage of 1:2000. Because of it, beginners can lose $ 100 deposit in one deal. Okay.
If I didn't attend the website I would never be able to find otu that this broker offers welcome bonus. It's required to deposit at least 500$ and you will definitely receive 35% bonus to your deposit.
Moreover, what was really wondering to me is the presence of redeposit bonus, y'all heard about something like this? Guess no) It offers redeposit bonus also for every redeposit 25% bonus on $500 deposit and 30% on $1000 or more deposit. It's a marvel! At least I am passionate about bonuses and always try trading them.
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.