AAFX Trading Reviews Read Customer Service Reviews of aafxtrading com

aafx reviews

However, the broker does not provide any compensation scheme. Moreover, AAFX Trading offers excellent customer support services, which include an extensive knowledge base, live chat, email support, and phone support. AAFX Trading is an excellent choice for traders looking for a reliable, customer-oriented broker with a track record of excellence in the forex industry. Quality education is very important for novice traders, while experienced traders need tools for conducting technical and fundamental analyses. The broker provides extensive educational material, including video tutorials for teaching how to use trading platforms, educational videos on trading, and e-books to help new traders along.

Ideal broker

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The broker’s entity is registered in St. Vincent and the Grenadines. AAFX Trading provides negative balance protection and ensures that all clients’ funds are held in segregated accounts. AAFX Trading supports both the popular MetaTrader 4 and the more advanced MetaTrader 5 platforms, offering traders flexibility in their choice of trading software. While the broker’s range of tradable assets is not extensive, it is diverse, encompassing forex pairs, commodities, stocks, indices, and cryptocurrencies. Additionally, AAFX Trading offers a variety of account types, each with its own unique features and benefits, making it accessible to traders with different levels of expertise.

Not big, but reliable broker for scalping

I managed to withdraw my earnings and it shows that I don’t need to worry about my capital and focus on polishing my trading skills. When I visited the website for the first time – I saw many different opportunities. The website seems to be very overwhelmed and it was quite complicated to get through.

Our Take on AAFX Trading

Trading CFDs is best for speculating short and medium-term as you can go short or long, use leverage, and trade more liquid assets. On the other hand, real shares are better for investing long-term as you do not pay rollover fees. Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.

INEPT AND INCOPERATIVE CUSTOMER SERVICE

aafx reviews

However, in order to open this account type, traders need 20,000 USD minimum initial deposits. I have been trading with AAFX Trading for quite aafx trading a while now. The positive thing is 100% negative balance protection. You have to agree, not every broker can offer you balance protection.

Top 5 Brokers

There are very few problems with the AAFX, and payments don’t take more than a few days. So I can’t understand where the negative comments for this broker comes from, as me and my friends never faced such troubles. It’s really easy to criticize because we can always be dissatisfied with something or want something more. I can say that if you take the basic functions that a broker should perform, aafx can handle it.

Trading Platforms

Their spread is relatively cheap and affordable but, of course, not the most reasonable. It would be better if the broker considered increasing other methods of payment, such as PayPal. This is the first broker that withdraws money within 30 minutes. When a broker withdraws funds for 8 hours, this is equally faster than other brokers.

aafx reviews

Due to the volatility of BTC, anything can happen in that period of time. In my case, by the time my transaction was confirmed 36 hours later, I had lost 10% of my money. Please be aware that withdrawals from Aafx (until they increase their blockchain transaction fees) are dangerous and you can lose a large portion of your capital in the process. From stat-arb and trend-following CTA to fixed-income relative value.

Finding the right broker is never an easy feat as there are so many brokers in the market these days. The most important aspect to look for though is trustworthiness. You need to be able to fully trust your broker before depositing your hard-earned cash into a trading account on their platform. In this review of AAFX, we’ll dive deep to find out everything worth knowing about this broker.

  1. AAFX Trading is a regulated broker, it is regulated by the International Financial Services Commission (IFSC) of Belize.
  2. It’s a good idea to use the demo account for practicing and learning the trading platform, but do not spend too much time on the demo.
  3. It has very handy charting and tracking features for forex traders such as automated trading systems (EAs), Technical Indicators and different timeframes.
  4. Traders can download this platform directly from the AAFX Trading website and follow the provided installation guide.
  5. Moreover, this regulator requires brokers to insure deposits and ensure that depositors get paid first in the event of bankruptcy.

Like most traders, I have my favorite indicators and drawing tools, which include RSI, moving averages, and channels. I prefer using candlestick charts for the insights they offer through candlestick patterns. I find it easy to use and combine various indicators in MT5.

They promote their high leverage as a way to earn money. To prevent this, you need to open a deal and have some additional funds on your deposit as a coverage, that’s the only way to use such leverage correctly. In addition to daily reports, the broker expands its research offering within the client portal, where traders can access daily news in video format.

I am a client of this broker myself, so I’m writing this review.Besides, these conditions are available to everyone! Because broker’s requirements to minimum deposit size are very low. AAFX Trading is committed to providing clients with the best possible trading experience, so they offer a wide range of trading instruments and platforms. They also have an excellent customer support team, which is available 24/5 to assist clients with any queries they may have.

aafx reviews

I don’t have a tiny bit of trust to brokers who offer fantastic tariffs, excessive bonus programs or promise to make you rich in a snap of fingers. AAFX is just an ordinary broker with a wide variety of tradable instruments including crypto and commodities apart from forex. Their support answers in a timely manner and in my experience every problem and question gets resolved within minutes.

AAFX Trading is regulated by several financial authorities, ensuring the safety of traders’ funds and transactions. There are no deposit fees, withdrawal fees, or inactivity fees, which is always a good start. One thing that is good with this broker is that it offers both fixed-spread and floating-spread accounts, with trading fees depending on the account type you pick. Trading fees on EUR/USD start from 0.4 pips when using the VIP account, but this takes a large chunk of cash to open the account.

For AAFX Trading, the minimum deposit is $100 and the broker offers several deposit methods, including credit/debit cards, Skrill, Neteller, FasaPay, Perfect Money, and local bank transfer. When it comes to the crucial matter of compliance and regulation, AAFXTrading is authorized and regulated by the Financial Services Authority (FSA) in Saint Vincent and the Grenadines. This regulatory oversight ensures that the broker operates within established guidelines and maintains transparency in its dealings with clients. Furthermore, it holds a Forex License from Comoros (Mwali). AAFXTrading does not hold regulatory licenses from European, North American, Asia-Pacific, or Middle Eastern regulatory bodies.

Both the Fixed and ECN accounts are commission-free but have different spread offerings. While the Fixed account has fixed spreads starting from two pips, the ECN account provides variable spreads starting at 0.2 pips. Meanwhile, AAFX’s VIP account claims to offer clients with starting balances of $20,000 access to commission-free and swap-free trading.

Yes, we live at a time when we’re being offered something good and we can’t believe it. All this is sad, really…Don’t worry, there won’t be any unpleasant surprises, it’s OK. I’ve been trading https://forexbroker-listing.com/ with AAFX Trading for two years now. I traded by myself the first year and unfortunately, I haven’t reached desired success in that field, all the time I was trading near zero profit.

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