Yes, this is what I did, I came to AAFX from another broker, from Forex Club. Forex Club considers itself as a market leader, but they have fewer assets, than AAFX, and juts huge charges. Yes, they have additional investment programs, but I’m not interested in it, I’m trading on my own and I need good conditions. AAFX has something I really need, therefore I switched to them and don’t regret it. In fact, I haven’t used bonuses at all for a long time, because I once read that this way brokers block withdrawals.
It is extremely easy to talk to their customer service on their website as each page has access to the live chat. Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size of the position and the leverage applied to your trading account.
I made a decision to join this broker…
I think what attracts most clients here is having two adequate trading platforms and access to a lot of leverage, because that can be helpful in their work. So what guarantees of profit can a broker give if each of us trades independently? It is absolutely logical that a broker is responsible for the normal operation of the trading terminal and for the timely processing of withdrawals.
- A true ECN account instantly transmits your open or close order request to the LP.
- Although I tested the broker by trading short term on H1, I often hold trades for a long time and I frequently use locking.
- The former is suitable for traders who operate with high sums and provides them with the lowest fees possible.
But on the other hand I was getting my money in time all the time from AAFX. And people here in comments offer some decent explanations on why brokers prefer offshore registrations . You either let customers have what they want or go for regulations and licenses.
It supports the development of plugin apps using the MQL programming language and built-in MetaEditor programming interface. Thousands of plugin apps have already been developed and many of them can be acquired from the MQL market which is accessible from within the MT4 platform. Indicators, EAs, scripts, trading tools, etc are all available as plugin apps that extend the features of the MT4 platform – some of these are free whilst others are paid. These tools can immensely help you make better trading decisions. I find the MT4 platform to be the most user-friendly trading platform on the market.
AAFX Trading review: can you trust this broker?
I will not do business with them unless they fix their way of withdraw and deposit funds. I had a combined $21k on 2 accounts that were wiped out after I requested a $7550 withdrawal. They said it’s because my trades were placed at invalid prices whatever that meant. A few hours before he would finally be allowed to withdraw huge trades were placed and a large spike wiped out his account. All of the platforms presented here contain plenty of instruments for technical analysis. I tried here both MT4 and MT5 plaforms and devoted months to trading on both of them.
AAFX is recommended for more skilled and experienced traders. Being an awarded broker instils extra confidence in traders. AAFX Trading has obtained several awards https://broker-review.org/ during its many years in business. One of the awards that it has obtained is the Best Broker Award in Asia, 2013 which was won during the Malaysian Investor Show.
In contrast, regulated firms are required by law to adhere to a slew of regulations that ensure the safety of client’s funds. AAFX Trading is an unregulated broker platform similar to QualyCoin, which we reviewed earlier. Problem with unregulated brokers is that they are not reliable and abuse the regulations. Make sure to stay away from them as they are anonymous and that they can disappear any time without notice.
I like that AAFX has such an affordable minimum deposit. Frankly speaking, it’s a little embarrassing when other companies immediately demand a considerable amount from you to start. This is not very conducive to further cooperation. The AAFX Trading brokerage combines all the services in one offer.
How to trade with the leverage in AAFX?
The withdrawal procedure is also quick and easy. For frequent withdraws some of the merchants like Neteller keep funds on hold for 7 days so this kind of withdrawal will process in 8 to 15 business days. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs.
Only here I understood not only what it means to make money, but also how you can easily withdraw it to the bank card. I opened an ECN account here which has variable plus spreads. I also take part in an affiliate program of the broker to attract new traders and have already started earning from it.
Deposits and withdrawals were seamless, no more than 24 hours from my experience. Eventually, I have found a broker which supports my favourite trading platform and offers awesome trading conditions. I’ve traded with many brokers, but believe me, this broker offers some of the best trading conditions with serious regulation.
In order to withdraw a certain amount of the bonus, you need to trade a certain volume. As you know, there is a leverage here that helps Forex Brokers to trade large volumes so that it is not difficult to fulfill the requirements. As of now I have decided to focus on currencies only.
The videos cover a wide range of trading-related subjects, including MT4, trade strategies, crypto-currencies, and more. The choice about which platform to choose mostly depends on what a client would like to trade, therefore it will be one of the standards when choosing a broker too. AFX Trading offers its clients a variety of bonuses, promotions, and rewards.
Are Funds Safe With AAFX Trading?
I have chosen the broker carefully as I am a conservative trader. I exclusively prefer the MT4 platform as I have been trading on it for over five years. Fifth is the availability of MT4 and MT5 trading platforms. I think, this is very important for professional brokers. AAFX was able to optimize a small spread with which I had to work in Forex.
I like the conditions of the company much better than my first AAFX campaign. That’s why I will be transferring more money here. Order execution is better here, withdrawal is faster, spreads are smaller, leverage is bigger. It was hard to believe that earning at the financial exchange is not a fiction, but a reality. I had heard about this broker before and read AAFX reviews on the Internet, but I needed a big amount to open a deposit. Previously, companies that had only been around for a month had not bothered me.
Will Cardano Reach $1,000 By 2025: Expert Review
Of course, you can learn trading somewhere else. But still, I think good training is important for every broker. Every person who starts trading becomes a full market participant. I am satisfied that I chose this particular company.