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However I don’t understand at all why the design of personal account is so old . I’ve been trading Forex with AAFX for almost 2 years by now. Basically, I knew the conditions from the very beginning, I’m not a newbie on Forex. I chose AAFX because they offer an opportunity to start trading with ECN with just $100.
AAFX has been my broker for a long time now. But honestly, their trading conditions have stopped satisfying me. But then they added the MT5 platform to their list of platforms.
You can open 2 types of accounts for the minimum deposit, which differ in spreads – with fixed spreads and with floating spreads. Fixed spreads start with 2 pips, which is slightly higher than the account with floating spreads, but still lower than other brokers. I personally opened an account with fixed spreads and am very satisfied with my decision. When I tell “a good broker” I mean that it offers decent order execution and it’s no problem to withdraw earnings from your trading account. As for me, I’m not interested in other details widely discussed on thematic forums such as commissions, spreads, slippage.
Out of nowhere their compliance department emailed me, telling me that my trading account with about 10,000 USD has been terminated, and that the money was gone for no acceptable reason. I had a long conversation with them to the extent that I hired a recovery expert who helped me to recover my funds. Really, it was a traumatic experience with this broker. Yes, of course, a large leverage is risky.
Operational since 2014, AAFX Trading is an online forex and CFDs broker. The broker specializes in offering its clients online trading services for financial instruments such as currency pairs, commodities, stocks and market indices. AAFX also maintains offices in Malaysia and Hong Kong. Using the latest and most advanced security system, AAFX Trading aims to provide its clients with a safe and secured online trading environment for them to carry out their trading activities.
Finding a perfect brokerage is like finding perfect running shoes. They have to be there, you can’t run without them, but when you run, you simply don’t notice they are there. If you do – something went wrong and you need another pair of shoes. If spreads are too wide or there are hidden commissions, you will notice that you are giving the broker too much of your profits. If orders execution is no good, you will get mad at your broker for missing some good trades .
With a broad range of tradable assets and a number of accounts with higher deposits linked to tighter spreads, InstaForex appeals to traders looking for flexible trading conditions. You only need to have a set up MetaTrader 4 on your computer, then you run AAFX .exe file and enter account credential. The good thing about it is that you also have the option to use demo account for your trading, so you can start risking the real money only when you are confident enough in your strategy.
I started trading with this company with a $500 starting capital. I was able to increase it to $2000 in a month, and requested a withdrawal which got into my account in just 1 business day. Everything is pretty much good about AAFX. I will share my feelings about trading at the AAFX. I know how useful reviews from real clients are. I’ve been trading with the company for quite a while.
I faced the same problem back in 2015 but it was resolved and company gave me its appologies. I liked the fact that the MT5 was added here – it is definitely a step in the right direction. By the way, I would rather be neutral because it is available everywhere, but it can really be used to achieve profits. And here you can really try without experience – there are all the opportunities to get used to it. You can have bonuses only for deposits of $ 500 or more. Generally speaking, I liked trading here.
But I have already written about the leverage, and here you can use good training materials from the company and analytics, and spreads are low . They can be, education is ok but it isn’t structured and that’s hard to learn there from scratch. I mean, you can learn some info there, but learning won’t be step-by-step. If you really want to learn how to trade, I reccommend you to combine education with demo-trading. I’ve wrote a couple disadvantages but to be fair, these ones aren’t important. Yes, I wish education to be far more complex and step-by-step designed but that’s not the most important thing if we talk about brokerage.
Lack of commissions is another sign that a broker is unlikely to be ECN. They have refused to talk about it or respond to my messages ever since. These thieves had the gall to want to re-victimize me by requesting that I pay back negative balances incurred on my accounts as a result of their illegal tampering.
Contact Summitrecoup Dtcm to help recover all your scammed funds. Got all my funds recovered after weeks of getting in touch with them… over $256,850 recovered after my trust wallet account was being hacked and manipulated. I was scammed twice before by fake recovery company who said they could help but didn’t. So far that’s the broker with the best trading conditions for me. I made a deposit for $500 half a year ago and I have already withdrawn over $2000.
Trust in the Forex trading business is almost entirely founded upon regulation. We spend many hours evaluating the safety of each broker by delving into their fine print and confirming each one of their regulatory licences on the online registers. The more top-tier authorities a broker is regulated by, the higher its trust rating.
But only when you have no experience in trading and you don’t know how to use it. Besides, you don’t have to put the maximum leverage in your trades, you can experiment with its size. Because on the one hand, the big leverage from AAFX Trading gives traders a lot of freedom in trading, and the ability to choose how much they want to risk.
I contacted customer services several times sending different mails and trying to call and they had answers as to where my all money is or when I will get it. I was devastated, most of these these companies are complete jokes. Fortunately, I was angrily surfing the internet when I saw this one recovery company, and decided contact them to report the situation. I actually got my deposited money back after certain hours. I really commend their efficiency, swiftness and reliability. There might be a problem with their systems, and their customer services reps are probably just getting paid for signing up every morning.
I was looking for respectable broker with longstanding reputation and AAFX was one of brokers that I tested and I like it the most. There was a number of reasons, but the main one is that I reached real traders that work with AAFX and got their oppinion. Also, one of the reasons to choose AAFX was the fact they accept clients from the USA. I don’t mean that I care about the US citizens, but I know that USSEC has severe regulations, so if my broker accept citizens from United States, that mean that everything is okey.
I am pleased with the fact that each of my orders passed here a second per second, no delays and difficulties. I have never seen such a high-quality trading platform. Trading conditions are not too strict and limited, which allows you to work normally regardless of the amount on your trading account. I’m glad that they haven’t forgotten about indexes, you can often find useful information on news and strategies here.. There are no commissions or any other trading fees.
However, sad that there are no copy-trading and no DMA access. I have been working with AAFX for several years, I have never had any technical or legal problems. I myself recommend this company to everyone who asks about making money on the Internet, and not only me, the reviews https://broker-review.org/ of other traders only confirm my words. I think that this broker can suit nearly any trader, except for some scalpers. It allows to choose between fixed and floating spreads and you will not see any commissions and swaps here. It feels like such trading conditions are ideal.
AAFX moves to building a strong reputation, but I think company pays not enough time to promote itself and establish a stable connections with all the traders. Yeah, it has really fast support service and I can get clear answer really in a time, but media presence isn’t enough, as I think. And that’s why AAFX is sometimes underestimated on the market… There is a lot of assets, including cryptocurrencies, stocks, currencies, and others. You can trade in MT4 and use spreads from 0 pips.
Trading platforms we consider include MetaTrader4, MetaTrader5, cTrader and proprietary mobile and web-based platforms. Each year we spend thousands of hours testing brokers by opening accounts, testing their platforms, and rating them according to a set of over 200 metrics. We deposit real money with the brokers to ensure that the products and user experience they advertise are consistent with reality. AAFXTrading.com is completely unregulated.
The company have negative reviews on many sites, an overwhelming majority of them are obviously copied. Negative campaigning is a common thing in the forex world. And it seems like the broker doesn’t care.
Commission of 50 dollars for withdrawing money to a bank account. Large leverage is too risky, the bank transfer takes a long time and the commission is $50. I don’t leave a demo either, it’s good that you can use it at any time.
The FPA now considers AAFXTrading.com to be a scam. Tried to contact the support via email but no response. This review came from the same location used by AAFXTrading’s representative to submit comments to reviews. Customer support is available 24/5 through Live Chat, Email, and Phone. Customer support representatives typically get back to clients within minutes.