With some restrictions, it is available to clients across the globe. The fact that AAFX is not currently regulated by any government body may be of concern to clients, especially given the high-risk nature of leveraged trading. Many interesting and unorthodox payment methods available for deposit and withdrawal. I especially appreciate the presence of crypto payments. I don’t understand why companies are reluctant to implement those modern ways of payments?
About Forex Trading
Initially I was stuck due to the number of different pages with bunch of information on the site. I signed up, passed through verification and topped up money within a very short period.Whenever you have spare time, then you can read info about partnerships programs, bonuses and so on. The company’s focus on superior service has been frequently recognized by the industry.
Is AAFX Trading Regulated?
As soon as there is a signal on the chart, you enter the market and wait for profit. Such strategies are good to automate because the work involves the precise observance of rules.So if you write a program that performs the required actions, trading will take place around the clock. Forex trading is something incredible… ahhh… I’m serious! AAFX is legally registered under the name AAFXTrading Company Ltd, and alongside its headquarters in Saint Vincent and the Grenadines, it also has offices in Hong Kong and Malaysia.
Is AAFX Trading suitable for spread betting?
For me, the idea of trading with AAFX is so much better. In case you have any doubts, you can start with a minimum amount, then trade a little bit and make a test withdrawal - that's what I did with other brokers. This is a good way to find out who is a scam, and who is an honest broker. Just keep in mind - you shouldn't risk the amounts you cannot afford. This applies not only to Forex brokers but also to any active investments. I think that some assets here, like XAUUSD, bitcoin and some other could have had better spreads.
Customer Service Rating
Sometime before the opening of the European session the currency rate is set, so the morning hours may interest traders.There are also periods between sessions, i. The period when trading is carried out at two trading floors simultaneously. This is the time of high volumes and intensive market movements. In our case, the Asian and European or European and American sessions intersect.
Type of Trading Accounts
There are only two available trading platforms here, and they are more than enough. I absolutely love to use the mt4 and so far, I have been a very good trader using it here. AAFXTrading.com is a market leader when it comes to customer service, offering its clients top-notch products and services in over 20 different languages. The MT5 is an amazing trading platform and I absolutely think all traders should use it. I am really excited that AAFX made this platform available to clients.
When a broker is regulated by a governing regulatory organization, the risk is lowered for traders. This will determine if AAFX Trading is safe to trade with. The majority of brokers will provide various kinds of market instruments for trading. A new trend that is picking up momentum is trading in cryptocurrencies. 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.
Some features and services may vary depending on where you reside. They offer huge leverage that is so essential for tradin.Tons of instruments of different kind are avilable to you! You expectations will be met beyound your imaginations. The minimum deposit required to open an account with AAFX Trading is $100.
The broker’s customer support is available via two local phone numbers in Hong Kong and Australia, or via live chat on the website. According to information on the broker’s website, support is open 24 hours a day on all trading days. To welcome new traders, AAFX has launched a bonus program that gives out a 35% “welcome https://forexbroker-listing.com/ bonus” on top of the trader’s initial deposit (minimum USD/GBP/EUR 500). Take note, however, that there is a long list of complicated terms & conditions that govern the bonus payout, which makes it more or less worthless in our eyes. The company keeps clients’ funds on segregated accounts to ensure their safety.
Candlesticks are generally the most popular among traders as they suggest plenty of various patterns that are used for making trading decisions. That said, other chart types also have their advocates. My tests indicated that AAFX Trading fees for the Fixed Account were mostly higher than the industry average. However, it’s worth noting that the broker does not charge commissions, swap fees, or inactivity fees. We use dedicated people and clever technology to safeguard our platform.
AAFX Trading offers two of the most renowned trading platforms in the world – MetaTrader 5 (MT5) and its predecessor MetaTrader 4 (MT4), catering to both novice and experienced traders. The platforms are also available for mobile and tablets. AAFX Trading has one entity that is registered in St. Vincent and the Grenadines. This is an unregulated entity that provides negative balance protection and holds clients’ funds in segregated accounts.
AAFX Trading Clients can deposit and withdraw money using eight different methods. Such options include Wire Transfer, Debit Card, Credit Card, Web Money, Skrill, Neteller, Bitcoin, Fasapay. I would point out that there are not too many forex brokers offering Bitcoin as a method for deposit and withdrawal. Even though, my best choices for financial transactions with forex brokers are international wire transfer and credit card, offering Bitcoin as an alternative is a huge plus. AAFX is a registered but unregulated forex broker based in Saint Vincent and the Grenadines. Its leverage is among the highest available, making it suitable for clients interested in trading with the highest stakes.
This consists of the trading in gold and other precious metals which are hard commodities. A lot riskier is your energy products because this is affected by political and environmental situations. The great supply and demand however of this make it a popular trading choice.
I analyzed and compared many brokers and got to the conclusion that aafx trading suited me perfectly. It has certain peculiarities which one may indicate as drawbacks, but I ain't care at all. Unlike many other offshore-registered forex brokers, AAFX is not a member of any third-party dispute resolution organizations.
- 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.
- 2) 30% Redeposit Bonus - Existing clients will be able to enjoy this special 30% bonus on top the amount they deposited.
- AAFX Trading has established itself as a reliable and reputable forex broker in the industry.
- You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Customer support operates 6 days a week with Sunday off. Under the Affiliate Program, traders can receive a bonus for each referred aafx trading review trader, who registered and funded his/her account. The bonus amount ranges from 5% to 10% depending on the deposit amount.