AAFX Trading Review
Reason to avoid: Offshore company. Negative Reputation.
Listed Date: October 3, 2018
Top 3 Forex Brokers
Beware AAFX is a Non-Regulated broker. It is NOT SAFE to trade.
- Our Review
- AAFX Trading User Reviews
- AAFX Trading News
Is AAFX Trading Scam or Legit Broker?
AAFX Trading is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Thus, the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, was never monitored in terms of its safety, and simply may operate the business in any way it wishes.
About AAFX Trading
| 🗺️ Registered in | St. Vincent and the Grenadines |
| 🗺️ Type of License | Offshore License |
| 🛡️ Is AAFX Trading safe to trade | No |
| 🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
| 🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
What is AAFX?
AAFX Trading is an investment company specializing in stocks, commodities, CFDs, and currency trading through its incorporated and registered office in St. Vincent and the Grenadines (SVG). However, SVG is a known area for its very liberal zone with a slight regulation of the financial companies compared to other reputable authorities that requires a way more strict compliance that ensures a higher level of clients’ protection.
- Moreover, the broker claims its incorporation and registration in Malaysia under the business solutions company SDN BHD and operation of the office in Hong Kong. Yet, there is no any other regulation that the company does comply with, therefore the company chooses the easiest and cheapest way to perform and deliver its financial services to international clients. Being unregulated in Hong Kong, the company appears in the SFC warning list that prevents clients from an investment with the AAFX Trading company (check warning here).
- Also, there are numerous negative reviews about the company's services, along with the guilty verdicts about the scam operation. The AAFX Trading clients faced typical fraud issues while trying to withdraw profits, the company gave numerous excuses why the request can not be performed. As well as the problems with trading manipulations, faking the facts of the requests, etc. All in all, problems like this prove that the company is not reliable, and clients may face capital losses, putting their investments at risk.
Overall AAFX Ranking
Due to the regulation and safety issues, we revealed during our research of AAFX, we do not rank positively AAFX, based on our Expert Opinion with over 10 Years of experience in Forex Trading.
- AAFX Overall Ranking is 2 out of 10 based on our testing and compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers.
| Ranking | AAFX | BlackBull Markets | BDSwiss |
|---|---|---|---|
| Our Ranking | ⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
| Is Broker safe? | No | Yes | Yes |
| Advantages | None | Trading Conditions | Platforms |
AAFX Alternative Brokers
We found that AAFX has a lot of issues, mainly in respect of its safety and customer care. For this reason, we have come up with much better Alternatives to AAFX with tight regulations and great trading conditions. We select Good Brokers and trustworthy options for your comparison below:
- HFM – Good for Currency trading
- Dukascopy – Excellent for Shares, Futures Trading
- FXTM – Good for Beginners
AAFX Deposit & Withdrawal
AAFX offers fast and straightforward deposits. The minimum deposit is 100 EUR/USD. The broker offers a wide range of funding methods, so the clients can choose one that is more suitable for them or available in their location. Deposit methods include Credit/Debit Cards, and a range of e-wallets such as Skrill, Neteller, WebMoney, Fasapay, STICPAY, MoneyGram, etc.
- For customers wanting to fund using a debit or credit card, we require a photocopy or scan of the front and back of the card, blacking out all but the last 4 digits of the card number when sending.
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.
AAFX Deposit & Withdrawal
AAFX offers the popular trading platforms - MT4 and MT5. Clients can trade on MT4 with no requotes, with flexible leverage ranging from 1:1 – to 2000:1. MT4 platform gives access to over 100 Instruments Including Forex, CFDs, and Futures, spreads as low as 0 pips, full EA (Expert Advisor) functionality, technical Analysis Tools with 50 indicators and charting tools.
The AAFX MT5 platform offers all the pioneering features that the AAFX MT4 has, enabling trading with over 1000 Instruments, including Stock CFDs, Stock Indices CFDs, Forex, CFDs on Precious Metals, and CFDs on Energies. Offered spreads are as low as 0.6 pips, over 80 Technical Analysis objects, and many other features.
AAFX Review Conclusion
Based on our research results, we advise avoiding trading with AAFX. Instead, we recommend investing only with regulated brokers that are located among reputable jurisdictions and offer respective overseen investment services. Therefore, we advise trading with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as BDSwiss and XM.
- Overall ranking and experience for AAFX is Negative
Aafx is a broker which offers outstanding leverage. Being conservative about trading with leverage, I should say that I can see both sides of such a leverage of 1:2000. On the one hand, it is great to have such an opportunity to boost your account and make decent and big profits within some short period of time. However, on the other hand, the whole situation of the leverage of 1:2000 looks extremely dangerous to me. This leverage is so huge that you can lose $100 within a minute. Imagine you do a mistake in a volume of trade?! I feel that it is too risky for the sensible trading. Surely, the question of leverage is quite subjective. There are some people who feel fine with that especially if they know how to use money and risk management in order to save their budgets from harm. I think the broker suits such tarders perfectly. I believe EAs are necessary to avoid manual mistakes with volumes.
I do not know how I will continue to trade here. I opened an AAFX Trading demo account and am trying to trade currency pairs with Metatrader 5. At first I thought it was a very heavy trading platform. I'm a newbie here and something is still difficult for me. For example, I cannot figure out how to use indicators correctly. For example, MACD. What a nightmare, to be honest. I go to YouTube and watch a video. I also read various AAFX Trading reviews and see that people are doing well. That means I need to study more. It's good that this broker has a website that has educational information. Many nights awaiting me without sleep until I learn everything. I think it will be difficult, but I have to do it. Forex trading can be difficult, but big money doesn't come easily to anyone. Unless, to Pablo Escobar) but, who knows ..)
I’m not a professional trader. That’s just like fun for me. From time to time, I manage to grab a couple of hundred bucks. I like AAFX Trading because of extremely high leverage. I enter the market very rarely but when I do, I put a large volume on the table. If the market goes against me, I put more haha. I know this is a dangerous strategy but the market is keen on reversing, and the only way to catch strong trends is to start seeking the reverse. The brokerage offers attractive trading conditions for that approach, so I got nothing to complain about.
I started with this broker 2 years ago and I still work with him. The first 3 months were not successful for me in terms of making profits, because I was learning and getting to the bottom of things. After I understood the trading, my monthly profit is at least 25% of my deposit. Now it is my main income. I like that the broker offers two popular trading platforms to choose from - MT4 and MT5. I have tried trading on both, each has its advantages and disadvantages, so I am happy to be able to choose. I have an ECN account with a minimum deposit of $100. Here there is floating spread and very big leverage up to 1:2000 offered. Wide choice of CFD instruments: 15 commodities, including oil, gold, copper, silver, sugar, etc. Withdrawing money does not cause me any troubles either. Now I don't see any reason at all why I should try another broker. I'm pretty sure all best conditions for traders are here. By the way, there are also Islamic accounts.
I have been trading with AAFX Trading for quite a while now. The positive thing is 100% negative balance protection. You have to agree, not every broker can offer you balance protection. MT4 platform is also a positive thing for me. I don't know new programs well enough, Metatrader is for me a usual and convenient program. I can also write about excellent affiliate programs. The broker has 2 of them, you can freely get acquainted with their conditions on the official website of the broker. The availability of Islamic accounts is also an indisputable advantage. The company cares about its audience and wants to create a comfortable trading environment for people with different religious beliefs. The technical support service also works competently and quickly. When I opened a VIP account I had a lot of questions about the offered conditions. They were fast and efficient in helping me.
AAFXtrading.com is a FRAUD - SCAM Broker. They changed my trade lot sizes to make sure that I'd lose. They are not a true ECN and was dissatisfied as I have a winning strategy. Here are the logs that state the change. There were 10 orders that they changed. They did not delete the logs fast enough as these are the only 3 that are showing the close sizes. All other orders were deleted from the logs. Expert log 17th 2 02:29:34.584 Fxcore100EA_BUY EURUSD.ecn,M15: open #3989611 buy 0.69 EURUSD.ecn at 1.19911 ok Journal log 17th 0 02:29:34.584 '2132594309': order was opened : #3989611 buy 0.69 EURUSD.ecn at 1.19911 sl: 0.00000 tp: 0.00000 0 21:07:39.420 '2132594309': close order #3989611 buy 69.00 EURUSD.ecn at 1.19911 sl: 0.00000 tp: 1.19203 at price 0.00000 0 21:07:40.342 '2132594309': order #3989611 buy 69.00 EURUSD.ecn at 1.19911 sl: 0.00000 tp: 1.19203 closed at price 1.19149 ********************** Expert log 16th 2 23:43:38.542 Fxcore100EA_BUY EURUSD.ecn,M15: open #3988757 buy 0.43 EURUSD.ecn at 1.19961 ok Journal log 16th 0 23:43:38.542 '2132594309': order was opened : #3988757 buy 0.43 EURUSD.ecn at 1.19961 sl: 0.00000 tp: 0.00000 Journal log 17th 0 21:09:41.747 '2132594309': close order #3988757 buy 43.00 EURUSD.ecn at 1.19961 sl: 0.00000 tp: 1.19203 at price 0.00000 0 21:09:43.262 '2132594309': order #3988757 buy 43.00 EURUSD.ecn at 1.19961 sl: 0.00000 tp: 1.19203 closed at price 1.19151 **************** Expert log 16th 2 23:13:29.583 Fxcore100EA_BUY EURUSD.ecn,M15: open #3988474 buy 0.27 EURUSD.ecn at 1.20015 ok Journal log 16th 0 23:13:29.583 '2132594309': order was opened : #3988474 buy 0.27 EURUSD.ecn at 1.20015 sl: 0.00000 tp: 0.00000 Journal log 17th 0 21:10:06.882 '2132594309': close order #3988474 buy 27.00 EURUSD.ecn at 1.20015 sl: 0.00000 tp: 1.19203 at price 0.00000 ********************** Contact me if you'd like proof as i have all logs available. DO NOT TRUST.
I can understand people who haven't experience or are very picky about their choice of a broker, BUT for me, it is strange that people write entire articles only accusing them. Maybe you should at least explain WHY? I have been trading with this broker for over five years, and I am tired of explaining on traders' forums that AAFX is a good broker. Most of the accusations fall on the fact that the broker only has an offshore license. However, no one knows how much a full-fledged regulation costs? I know. A country may demand from an enterprise from 30 to 45% of taxes on its income from this, its economy grows. But, these are colossal sums for any company. If you have traded on AAFX Trading at least once, you may notice that the broker's commissions are minimal or completely absent. Now, imagine if the company goes onshore? Will you be eager to pay higher commissions to let the company pay for these regualtory fees? I doubt that!
Well, any brokerage company may be considered unsafe if you do not understand the user agreement or the services of the company. And this is true because we always want to make great profits, but we're not always ready for the fact that we will have to work very hard to achieve results. Despite the fact that this company can save money on some technical issues. It doesn't save at all on useful services for traders, and in my opinion it is quite profitable. For example, there is a demo, which is constantly available and allows you to find answers to all your questions. The same applies to several types of spreads - you can always choose something optimal for yourself. After all, even fixed spreads are low here.
The author of the article, in my opinion, is right only from one point of view and simply ignores the second. Yes, regulations make a broker safer, but regulated brokers cannot be flexible in offering their services. AAFX Trading offers 1:2000 leverage, which I use from time to time for profitable trades that significantly exceed my account capital. I could not have such trades if it was not for AAFX. However, no regulator from Europe will allow a broker to offer such high leverage. Moreover, I know at least 5 cases when even fully regulated brokers were scammers, so regulation is not a guarantee of security.
To me, not everything in this article matches how it all really is. About the problem with the registration. Yeah, the brokerage has a little problem with the registration, and it's registered off-shore. But a lot of brokers don't have any registration at all, and they work quite well. Yeah, it's not cool that a broker registered whatever, but that doesn't make it a scammer. I've been working with the aafx myself for a year now, and I've never had any problems. Well, in general, there were some small issues - when the execution of an order took a little more time than I would like, or when the server had a little problem due to the fact that it was overloaded. But I have never been scammed, taken my money from my account, or taken any additional commissions or hidden charges. The broker is more than reliable.
I do not have any excessive requirements and expectations for a brokerage company, because some time ago I studied this issue in detail enough to understand exactly what awaits me in the end and whether I can calculate and get what I think will be useful to me. And that's why I don't see the company as a guarantee that I'm going to make money, and if that doesn't happen, I've contacted a fraudster. NO, YOU DIDN'T. Actually, a brokerage company for me is a tool that I can use to make a POTENTIAL profit. It seems to me that it is very important to use the right categories and work more on yourself. Then you will succeed and you won't have any illusions.
Okay, you think like this, that's your right, I can't say you how you should think. However, do you think it's a problem that brokerage is offshore registered. I was trading both with regulated by FCA brokerage and with SVG licensed brokerage. Of course, trading with FCA brokerage is 'more safe', but I know some cases when regulated brokers turned to be scam. Also, regulated broker have many restrictions, as leverage restriction (it's only 1:20). On the other hand, SVG regulation allows aafx to provide extremely high leverage. I agree, 2000 is exremely giant, but 1:200 is real case for some small-amount traders. I suggest not just judge brokerage by offshore or not, but to make a deeper research. When I got interested in Aafx - I read around 100 reviews and contacted with 2 traders - I got positive feedback, so I don't see any point not to trust company.
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. There is a normal common trading terminal, there is a clear withdrawal system, there are tools for analysis and popular assets. In addition, there is a team of trained managers.
I cannot agree with the fact that this broker has a bad reputation, all because I have a lot of friends who trade here - and everyone is happy with the cooperation. I've been working here myself for a long time and I rarely come across any technical issues, and I've never had any major complaints about the aafx over the years. I just do not know what kind of complaints can arise directly to the company, which gave us a normal terminal and gives us the opportunity to work with a large set of assets and indicators, in addition, there are excellent adjustable settings that allow you to adapt everything for yourself. If we talk about the procedure of withdrawal of funds, it is notable for its simplicity and at the same time, everything is loyal with commissions and spreads.
It's both truth and misleading in one sentence. Yeah, AAFx Trading is off-shore registered brokerage and company never hide this, it's clearly stated in the brokerage official website. However, that doesn't mean that mean that brokerage isn't safe. I think everything is determined with brokerage reputation - AAFX Trading has good one. Let's be fair, each trader understand that offshore registration is because of taxation, not because brokerage wants to be a scam. Moreover, just keep in mind that regulations are about making restrictions - for deposit, for minimum deposit or for minimum lot, nevermind for what, but regulations take a part of traders' freedom, promising us safety. It's approach that's accepted by many traders - trade with a lot of restricitions, but with understanding that your brokerage is regulated, but it doesnt' mean that it's 100% right. I think all this regulations in nothing good for traders, they bring restictions only and aren't useful at all. It's always better to be guided with reputation. I came to AAFX by my friend suggestion and I trade there for 2 years. Everything okey, broker always withdraw money, has a fast support service and all benefits, but also provides huge leverage and 100 dollars min depo, much lower than all 'regulated' brokers. Spreads are also lower, so think twice about this!
I can't even catch why people can adhere to such articles. Let's be fair, regulations very ofthen simply don't work and if brokerage will be unfair, regulations won't secure your money and you will lose tham, that's true.. So what the point to care about this? AAFX Trade has registration in Saints-Vincent and Grenadines. I can agree, that's not the best jurisdiction to be registered, but many brokers simply don't have even such registrations. That's first point, so AAFX is mb better than other brokerages in this regard. Secondly, AAFX has good reputation, that's go without any doubts, if you will search the internet, you'll find that there are a lot of positive reviews and extremely low amount of negative. As for me, that's much more important sign in my opinion. Of course, I can't say that article's author isn't right, from technical side he (or she) is 100% right, but in practice that's not so important and that's what I'm talking about. My (as well as many of my friends) experiecne proves that AAFX is good broker and that's the most important point. Of course, we can seek for the regulations or other points. But from the logical point and people's experience it's importance is extremely low. That's like people that overestimate chance to get seek cause of coronavirus, but underestimate other probabilities.
Okey, I understand that there is informational era and author is free to post anything what he or she wants. But I don't understand what's the point to create review only from one end. it seems, if we read this text, that AAFX has nothing positive to offer its clients, as author simply doesn't mentioned nothing. What's correct in this article: 1. Company name 2. Registration and Malaysian license info 3. AAFX description (brokerage for stocks, CFD and Forex) 4. Explanation that SVG is liberal zone What's wrong: 1. Claiming that SVG registration is something bad (that's the main point of this article). That's not true and that's mislead. There are some scam companies under the US or EU registration and there are fair companies under off-shore registration. Just remember OFF-SHORE registraion is about TAXATION, not about company quality. Regulations means nothing, but reputation means a lot 2. There was no mention that AAFX won prize as Asian BEST brokerage in 2013 3. Registration in Malaysia is additional feature and it's not the cheapest way. Malaysia is perspective market and that is ADVANTAGE, not disadvantage. 4. I can't find ANY fraud verdicts, there are only pre-payed reviews from competitors with no proofs, or complaints from people that think that forex is a way to earn with no skills So, as I said, regulations means nothing and I can claim AAFX to be 100% reputable and safe. For my 2 years of trading there was no single situation when brokerage acts incorrect. By the way, lets reader decide, I just express my opinion.
Since CySEC and other European regulators not even speaking of american ones have started limiting brokerages with strange rules like "do not provide enough leverage for retail customers" - since those times all these talks about regulations and licenses stopped having much sense. You either let customers have what they want or go for regulations and licenses. This is basically the choice brokers have got nowadays. In this light AAFX is just another broker who has chosen to follow the demand, not the rules of politicians.
I don't mean to sound rude, but I have an economic background, I traded with a very famous American broker at one time, so I can explain everything in detail. To begin with, I'm not personally trading with AAFX, but my brother is and he is very pleased. When he read this article, he asked me to explain everything, because he already wanted to withdraw money and find other broker. I will now write the same thing I told him. Shortly - statement that offshore registration equals to unreliable broker is wrong. Let's start with the basics of economics - rich countries have more money. According to the law of competition, they want to protect their dominance. If the country has more money, the prices are higher, but the income is also higher. There is such a thing as Purchasing Power Parity. If we compare the USA with a less developed country, we can see that it is 1 PPP in the USA, and in less developed countries it is from 2 to 4. This means that in these countries you can buy 2-4 times more goods than in the U.S. for 1 dollar. But the salaries are 6-10 times lower there, so people live poorer. This has always been the case. People from poor countries simply couldn't get into the rich ones and earn as much As americans or Europeans do. Now everything has changed - we have the Internet. Look, traders in Kenya or Malaysia trade in the U.S. stock market, earn the same money as traders from the U.S., but live in countries where almost everything is 2-4 times cheaper. It turns out that the US or EU lose their money, that goes to less developed countries. They don't want to lose their money, so limit that in every possible way. As a result, for many brokers it is simply impossible to get a license. More precisely, they can get it. But it costs money, a lot of money. Millions. Taxes in the U.S. are actually about 45% on financial services. The AAFX takes a fair commission. But if it registers in the U.S., it will have to take twice as much money to compensate for the taxes. Add to this the fact that each trader will have to pay 40% of what he or she has earned in the form of taxes or deal with bureaucracy, proving that he or she will pay taxes in another country. Interesting prospect? Would you like to trade in this way? There are also about 1400 SEC instructions that regulate each transaction, so in order to make a deposit or withdraw money, you will have to wait not for 1-2 days, as in the AAFX, but much longer. I hope you understand why the AAFX isn't trying to get the US or EU license?. The broker wants to be convenient for the client, not for Uncle Sam (or for aunt Merkel).
I've been working with the company for two years and haven't seen any problems. Thanks for the article, I was interested in reading it. However, it speaks about numerous complaints and lawsuits. But there aren't any. I would like to see concrete examples of court cases. I will only speak for my own, but I think many traders will agree with me. 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.
No news available.
AAFX has many competitive advantages over the other brokerage companies, and if you are considering this broker you should know where they shine.
The range of instruments available for trading, with an offer of more than 1000 instruments, is no match for the others.
The maximum leverage ratio is 1:2000. I don’t remember seeing any other legit broker with such a generous leverage.
As for options for account types, the offer is simple – Fixed, ECN and VIP accounts. The fixed one, which I use the spread on major fx pairs is fixed on 2 pips, plus there are no trading commissions, which makes it one of the most cost-effective accounts.
First of all, these guys are on of the most informative players out there. I love their daily market look-up, great reads and can actually help you find trade ideas. i have been trading with them for a bit now. their conditions are pretty solid.
The leverage they offer is massive, up to 1:2000, which is insane… but in a good way if you know how to handle it. Spreads are very tight, especially on the ECN account, starting from 0.5 pips on EUR/USD, no commission on top either! You can get fixed, variable or even raw spreads with the accounts. MT5 covers all my trading needs.
I’m not well versed in what these licenses mean. I don’t know which one is better.
But it seems to me that any license indicates that the broker is trying to comply with some rules.
It’s great that this broker provides its new customers with some bonuses. Beginning traders need support and broker gives it.
The customer support of this broker is one that I appreciate a lot. When I was just starting out, I had a lot of silly questions about how to use the MT4. Now those questions seem silly because I have experience, but I am certain that many other traders have similar issues and questions when starting out. It is quite impressive how the customer support handles their clients and responds to questions very politely. The trading conditions are good, and are actually the main reason I use the platform.
The AAFX trading platform might not have the longest list of trading instruments and the most trading platforms available, but the spreads, leverages, and pricing make the broker worth it.
There are not so many cryptocurrencies for trading here. but it all compensates by the large variety of stocks.
Welcome bonus was quite useful for me in the beginning of my trading path.
I do not endorse it to everyone cuz you need to have some trading experience to use it properly.
However, I also can’t deny that it’s a great way to increase the overall equity for opening more orders.
Fortunately, I managed to figure everything related to the bonuses out and start trading profitably with it. It gave a decent impulse to my deposit.
I really enjoy trading here because of the trading conditions of the broker. They are fair and they appeal to both pros and newbies alike. The leverage is most especially attractive to pro scalping traders because it allows them to amplify profits in a short time. But precision is most important to them. The trading instruments provided should be more in number I think.
After working with these guys for about a year I can make up my mind and express my impressions.
In general, everything was okay. Literally, I didn’t encounter any hardships while adapting here, or while trading. The platform performs perfectly, without glitches, lags, requotes and other bs.
Support always shows up whenever you need an aid, and I had a chance to contact with them on a couple of questions, they have explained my all peculiarities and that’s it.
Moreover, the company is reputable! I guess it’s one of the most vital thing for traders. Don’t even question its competence.
Why do guys believe that offshore license means unreliability…
I have traded with a bunch of brokers with offshore license including this one and never faced any troubles.
In case of any hardships, you just contact client support which responds quickly as a rule, so difficulties vanish right away.
Do you know why the community sometimes is so ignorant in such questions? Is it somehow connected with the experience or what?
Generally speaking, AAFX Trading is a pretty good broker! It is one of the fastest-growing CFD providers.
I would put into three main categories the features that can make this broker a good place to conduct your trading activities.
– Competitive trading: there are no commissions or fees, tight spreads, fast execution, fast withdrawals and many payment methods, low initial depo requirements
– Market Analysis: live market analysis, live news feed, frequent commentary articles
– Tempting offerings: 35% welcome bonus, trading signals and an incredibly large leverage ratio of up to 1:2000.
I get that people like the technical side of this platform, which can be all fine and elegant, what I do carry about is the human-side of this operation. How’s the customer support down there?
When I firstly made a click in the search engine and entered the website, what do you think I did the first? Exactly. Started to pester client support team to get insightful information about provided services.
Of course, I knew that the broker did is best to emphasize all crucial conditions right on the front page, preliminary highlighting it with bold, but at the same time, I also wanted to know more about “human-side operation”.
These guys have broken down all information I requested, and then I went researching rest info on my own. So, my experience of communicating with them is auspicious.
AAFX is an excellent broker for your trading needs. Of course it has some good sides and areas where they can improve their services even more, but in general it is a competitive broker.
Why do I think so?
Well, one of the biggest advantages of AAFX is the cost-effectiveness of their account options. Whether you choose fixed or the ECN account type, they don’t charge any trading commission, plus there is no swap fee if you hold your trades overnight. Isn’t this great!?
The minimum depo required is only $100 and the range of assets is quite wide.
I could scold them for not providing more advanced education for clients but won’t. The company is too good.
I think I created AAFX account last year or maybe a bit earlier and since that time I increased my initial deposit from $100 to $500. Which is quite an achievement for me since I have never traded before or done anything like that.
I suppose the big part of my success was the broker’s education and also the Youtube videos.
Trading should be stress-free honestly, and that’s exactly what AAFX offers. Their account setup is easy, smooth deposit and withdrawal processes, and a polite and helpful customer support, making trading on the platform a delight. Not too many trading instruments, which is a minus to some.
It was interesting to get more information about my primary broker, actually.
Speaking about my personal AAFX trading review, then I don’t want to pontificate too much and I’ll be pretty quick.
Trading conditions here are universal and versatile meaning that regardless of your experience, skill level and knowledge, you will be able to find a haven on the platform.
Min. deposit affordable for broad social layers, swaps are zero as well as fees. Leverage is beyond the limit, very high one, it creates good opportunities for those who know how to interact with it.
AAFX Trading has consistently proven to be a reliable platform, and one that I can count on for all my trading demands. The broker supplies, or provides me with the ideal trading environment in which I have lightning-fast execution of trades, tight spreads, irrespective of the account that I use, and a very secure platform, giving me peace of mind that I will not lose my money for no reason. Security is the number one factor to trading online, and AAFX prioritizes the security of its clients.
With their wide range of trading instruments and wide leverage options, AAFX Trading remains my top choice of trading companies. It could definitely improve, but they are doing a very beautiful job so far.
Was I surprised by such a huge leverage? EXACTLY!
Me, as a person who have been trading rather low volumes during the whole life, see in such leverage a big opportunity to multiply the deposit within short terms.
But guys, you shouldn’t be hasty and ignorant in this matter.
If your analysis, personal market perception and inner feelings tell you – don’t do it, cuz you’ll get uncontrolled, then listen to it. If you have made mistakes connected with leverage trading which caused unpleasant repercussions, then don’t even think of using it.
Approach it consciously. That’s where success is.
Trading is plain and simple if you know what to look for. In terms of the brokers, at AAFX, you can safely trade, lever your trades as much as you want and your trades are executed, you are golden.
Trading conditions here are rather attractive. When I say “rather” it means that it’s far from perfection, but space for improvement is always an indicator of a robust company which is developing.
Leverage 1:2000 on some assets is excessive, but at the same time, imagine how much opportunities it opens right in front of your face. However, remember acting wisely, without rushing and hasty decisions.
Absence of swaps is another feature and the most demanded thing for positional traders who tend to leave deals opened overnight.
Oh, yeah, minimum deposit size is acceptable whatsoever.
It is truly a nice broker. I cannot say that I am over the clouds, loosing my sleep over how great of a broker is, but at least I have no frustrations and disappointments from this broker, it works well, gets the job done, does what it is supposed to do on a good level
I got everything I need for successful trading from this broker.
And that’s why I don’t have any questions about whether I made the right choice.
I really can’t understand the tone of this review of AAFX Trading. I am happy I haven’t read this earlier, before I registered an account with this broker, it would have made me overthink my decision. My experience with AAFX has been quite positive, and I would say it’s 100% reliable. Recently I made my first withdrawal request, and there were no problems, delays or questions for additional information… they just transferred my funds.
However, I read that you recommend having an FCA licence as a regulation authority, but how that can be useful if a trader is not based in the UK?
Uhm, I guess if the trader isn’t based in the UK, then he doesn’t know about the existence of the FCA license, as he is provided with the information only about the jurisdiction he is right now.
But, still, knowing that your broker also has a regulation from such a reputable financial authority adds up some point to the company’s credibility. It’s a fact. Anyway, AAFX seems to be reliable even without this license.
There are three types of accounts for trading with this broker:
1. The Fixed account
2. The ECN account
3. The VIP account.
The major difference in the types of accounts is the spread and the execution type. With the fixed account, as the name implies, the spreads are relatively stable. So, it makes it easy to make calculations with this type of trading account.
With the ECN account, the execution of trades is done without any third party, independent of any interference by the broker. So, the spreads are either tighter or wider, depending on the condition of the market and the instrument being traded. Liquid instruments have tighter spreads in ideal market conditions.
The VIP account is for those who usually trade in high volumes. It has the best conditions for trading lots of money.
As a client of this broker who has already withdrawn profits from the trading account several times, I have no doubts about the reliability of the company. That is why I’m surprised by the ratings given in this article.And do you trust the testing made by the article’s author?
These ratings online are really relative. First, you have to consider the time the article was written. Brokers grow all the time and regulations change as well. This brings us to the second point. Regulations affecting you and the author might be different. You could be in different jurisdictions causing regulations to change, affecting the services of the broker. There are many other reasons why ratings could be relative, but you get my point.
Having been in the trading game for quite a while, I’ve seen my fair share of brokers. But let me tell you, using AAFX Trading Broker has been a breath of fresh air. There’s something about their platform that just clicks with me, you know? First off, I’ve got to say, their interface is like a comfortable old chair – familiar and easy to sink into. I’ve tried some platforms that make me feel like I’m translating alien hieroglyphs. Not with AAFX. It’s like they designed it with traders in mind, not rocket scientists. Now, execution speed is like my favorite fishing spot – you don’t want to waste time, and AAFX gets that. Trades go through faster than a wink, and that’s a big plus in my book. When the market’s moving, you don’t want to be caught napping hehe 😁. Their support team, well, they’re like that friend who always has your back. I’ve had my fair share of technical glitches, and every time, they’ve swooped in to save the day. And let’s not forget the spreads. They are good. I’ve been around long enough to spot a good deal when I see one, and AAFX’s spreads are definitely in the “good deal” category. Sure, I don’t get all emotional about brokers, but I have to admit, AAFX Trading Broker has a spot in my heart.
I consider AAFX Markets as one of my options to switch, and I have been studying this broker before making a decision. Regarding trading conditions, they seem to be competitive. In some aspects a much better compared to my current broker.
However, one of my conditions is to find a broker that offers withdrawals in crypto. Does AAFX do that?
Seems so. You can use the bitcoin network to deposit/withdraw money.
I wouldn’t say I am impressed by AAFX, but saying that the overall experience and ranking for AAFX is negative, I think it’s too much. 🤔The author of this text didn’t provide almost anything to support the negative experience.
My experience with this broker is quite good to be honest. I didn’t expect something amazing, but it has decent trading conditions, and basically the broker does what it should do.Can you tell me if I already trade with it for a month, can I withdraw money from my account?
As far as I know you can withdraw money at any moment as long as you verified your account and payment system.
It is possible to get your money back even if you haven’t opened a single deal.
I found a lot of worthy things here, really. First, and the most important thing about this broker is its trading conditions. I do confess that it’s the first broker I trade with 1:2000 leverage. I don’t always trade with this leverage size cuz it’s too dangerous but in some cases it really makes sense to take risks.
I have never seen such a high leverage before. I would be afraid to use all of that but am extremely curious about the profits I could make with it. Luckily, platform allows me to use decent risk management parameters, so I’ll make sure to try!
How can I change the AAFX leverage if I realize that 1:1000 is too much?
I know that the leverage of this broker changes automatically depending on the amount you trade.
But if you want to reduce the leverage manually, you can contact their support service. These guys are always happy to help.
Wanted to trade cryptos but detected only two pairs are available here. Anyway, it’s not a strong downside you know. You are still allowed to trade cryptos and the ability itself is a great advantage.
Trade here on MetaTrader 4 and from time to time use expert advisors that help me to determine best entry points and make less mistakes in analysis. In this case I am a bit dependent, but anyways it brings me some knowledge. It ensures me money, and i appreciate that.
How does this broker compare to others in terms of spreads in forex products? Is it competitive?
Hm… I reckon, if the company wouldn’t be competitive, then it would be eliminated by other market participants right away. In fact, spreads there are quite narrow. The main is to pay attention to the time when you trade, as it also matters. ECN account offers spreads as low as 0.6 pips and it seems to be quite appealing. Other brokers propose accs where spreads start from 1 pips or higher.
How long does it take to pass the registration and verification here?
Registration is pretty quick. All you need to do is fill in the basic form for your details and everything. If you register with google or facebook, it will be a lot quicker because it will autofill in some of the information for you. For verification, you need to submit a couple of documents for proof of your identity. Customer support would get back to you shortly after the submission. The ENTIRE process should only take you from a couple minutes, to a couple hours, in the worst case.
I think I will open one more account with this broker a bit later. I wanna make some trading experiment. I hope it will work as I expect.
I wouldn’t make experiments for my money if I weren’t confident with the broker. I trust it cuz it never let me down.
There are many advantages at this company. I like the amount of assets, I think everybody can find the favourite asset here. Besides that, company offer three trading platforms, such as Metatrader 4, Metatrader 5, and Webtrader. Choice is aleays good. There is one more advantages at AAFX Trading. Deposit methods have many ways to be processed. There are cryptocurrency, fasapay, skrill and many other alternative payment methods.
Excellent broker that in addition to variety of services offer nice conditions and all sorts of benefits.
When I examined the website for the first time, I noticed that here one may find everything he needs. Indeed, there are bonuses, several trading platforms, many trading instruments, account types and so on. Of course, it’ll be better to diminish minimum deposit for VIP account to make it more accessible for traders. The rest accounts are pretty available and contain interesting conditions.
In my opinion, broker has a number of advantages, and it pleases with its minimum deposit of $ 100, not like some brokers allow to trade only if the account has not less than $ 2,000.
And they always give timely notification about all changes and innovations…
Very handy trading terminal … I often use it….
Well done…
Many months ago I chose AAFX Trading for an objective reason, my colleague told me that this broker does not create problems and one can work here with a small investment. If you are not yet ready for something more serious. All this turned out to be true. So I do not plan to change anything, on the contrary, I want to replenish my deposit in order to work more seriously from the near future. I also read their analysis. Interesting things happen at times. Sometimes it’s something very standard.
I have contacted the technical support of AAFX Trading broker several times. I give the highest score for a quick solution to all questions, and each time without any problems and always in my favor. The clients are clearly appreciated and they are not offended. For now my trading is average, but I plan to diversify my assets for trading. So, I think it will get better.
In general, I am satisfied, because the broker is reliable, no delays in withdrawal and it was not difficult for me to withdraw a large sum of money (let’s say over $4000). But I remember at some point when I was waiting for verification I could not log in to the website, got worried for a second. But then the site worked. Maybe the internet just dropped out, I don’t know.
Name a couple of options that made you choose this broker?
Well, i choose aafx mostly because of big leverage size option. This broker has a huge amount of different trading instruments and including cryptocurrencies. Also, according to my trading plan i do a lot of analyzes and researches of all kinds of markets and instruments.
Please tell me if AAFX broker has any affiliate programs?
Yes, there is. Click on the partners’ section on the website and it will take you there.
For me this is a company to whom I can trust my money and that is why:
Pros
Commission-free and swap-free trading accounts
Choice between fixed and variable spreads
High leverage up to 2000:1. Control your risk management!
Registration and regulation with no questions
Deposit and re-deposit bonuses up to 35%
Cons
Limited analytical and research resources
Minimum deposit for VIP account is $20,000
Everyone has its own points about perfect broker. I dont think that there is one exist. So I always recommend people to find broker that will suitable only for them and their trading strategy. This information helps you to find your points of must.
I can trade with all tools that aafx provide because service, platform and conditions is comfortable for me.
This is not the first time I have come across reviews where their analytics are not very praised.
On the one hand, I agree.
On the other hand, it is a broker. It is not required to deal with informational data.
They give access to the market, access to working platforms – everything else is a job and a trader’s responsibility!
I have an experience with AAFX since 2015, worked with all major brokers, I can definitely say not all of them are clean, but mostly everything is in the hands of the trader, and problems with psychology (human factor) are the cause of loss of deposits. I know personally a lot of people who are now vacationing by the ocean with their profits from trading with AAFX Trading.
But if we move away from psychological motives and look at the real trading conditions offered by the broker, I can say that they are really competitive even among the best brokers. And for beginners here is a great opportunity to try trading on an account with fixed spreads. By the way, this account is also good for algorithmic trading, it excludes the possibility of closing a position if the spreads widen too much.
All good with this broker.
They are famou by their leverage size so bevare with your risk management. Trade always from your risks.
If you don’t know how to use it please check education platform on aafx before. There are videos in ebooks to learn.
As a big plus for me there is no fees on money transit and withdraw
AAFX Trading is normal and I have no complaints.
The main thing is that the money is withdraun without problems and blockages.
I want to tell you that at first I did not really believe in making money in the Forex market, but I have watched several video reviews of AAFX Trading broker and I got interested.
They promised bonuses and I decided to check it out. It turned out to be true.
Of course, at first I traded on demo account and now I also trade on demo account to test some new strategies.
Have you guys seen what’s been going on with the dollar recently? it’s mind blowing…
I put on sale EUR a week ago, this morning I put on withdraval at AAFX, in couple of hours the money was on the card…
Well, I do trading since pandemic and from that moment I stay wth AAFX. The reason is simple – I do a lot of day trades so I need a large leverage. I know that there is a 100% negative balance protection, but you shoud understand that its very risky. If you a newbie in a game ts better to start with demo or small deposit.
For a new clients aafx gives free 35% welcome trading deposit bonus with min 500$ deposit in a beginning.Good opportunity to start earning even from a start. No matter how much money do you have its all about your trading strategy. This is not a casino, so you should analyze and calculate your risks and what I realy like is how MT5 platform is looking now – plenty of instruments, indicators, tools for technical analyze and in-house news feed. You don’t even need no more info its all in one.
Without real trade practise its just a words, so you may not being afraid of lose all your money, cause of full balance protection from broker.
I was afraid of market for a very long time. A lot of my friends lost most of their deposits. I learn from others people mistakes. Don’t be so fast and don’t be slow in your decisions. Use all opportunities and instruments and follow your strategy. Its not as hard as it looks. I make money here, so why can’t you?
The negative balance protection is a really great innovation that works and has probably saved many people, but as someone with experience I would recommend trying to work as if this service didn’t exist and getting used to controlling the security of your money yourself.
What tools, services of AAFX do you find most valuable for your work in the market?
The platforms are familiar, it didn’t take time and nerves to get used to something new.
Bonuses are helpful if you make a normal deposit.
In my opinion, aafx is a nice broker to deal with. I like the fact that it doesn’t charge too much money from the traders who work with it, they are free to keep the major part of the profits to themselves. Some of the traders can also trade with huge leverage, but they must be careful not to lose everything at once. THe only thing I don’t like is that there is no choice of trading platforms.
I came here by chance but I remained fully satisfied.
Actually, my switching to aafx was quite an unpredictable move of myself. The thing is that I used to trade with another broker which turned out to be a pretty suspicious organisation. I just came across with wome talks or gossips on the internet telling that the broker is on the vege of collapsing. Surely, I didn’t want to waste time without trading and started asking my friends for a piece of advice and they told me that aafx is a decent broker which can be worked with.
So, for now I’ve been trading with aafx for about 5-6 months and I cannot say anything negative about my experience with it. Everything works pretty consistently, the trading platform is stable and never crashes, trading conditions are also satisfactory. I’m just happy with that.
I keep trading with this broker, although I had to reduce leverage to 1:300. Here I mostly appreciate swap free and commission-free trading. For me it’s a good advantage because I usually have a lot of locked positions.
Earlier I heard bout the broker but at that time I lacked experience, didn’t know some important stuff and respectively had no idea how I could benefit from aafx. I thought it wasn’t special and … feel kinda ashamed for this.
When I got back in a year or so I already knew what I wanted to get! well, two things attracted me.
1. I wanted to trade without swaps cuz my strategy needs no swap trading.
2. I wanted leverage to be sugfficient enough.
AAFX’s conditions tailored these needs.
Of course, that’s a great opportunity.
Additionally, don’t forget the bonuses that help you trade more and sometimes you don’t need to use high leverage… it’s risky, so don’t overuse it 😉
Honestly, I have a somewhat contradictory attitude to this broker.
On the one hand AAFX Trading gives great freedom and the opportunity to try different things, on the other hand it can be a bit insecure.
For example, leverage up to 1:2000 on currency pairs – it can be a big profit or increased risk for a small capital.
The bonus grid rolled out is cool, but if you plan to withdraw often – it can be something completely unnecessary really.
Perfect combination of high leverage and low fees. In most of the cases when you want to improve your cashflow, you need to either reduce your expenditures or increase your income. Aafx does both!
I want to open an account with AAFX Trading. What are the deposit methods, is it easy?
Yeah, it’s easy enough… Funding can be done with numerous payment methods, including wire transfer, CC, Webmoney, e-wallets.
I am of course happy with the fact that this company has become such a loyal solution for many investors and that you can take advantage of bonuses and other support from the company.
But on the other hand, they are stuck with purely MT terminals and don’t give us any right to choose, I would like to have some choice and variety.
I chose this broker because i thought that it suited my needs best than others. I tried lots of brokers and this one amazed me a lot. There are dozens of currency pairs to tade with tight spreads and I am fond of currency trading actually.
Speaking of AAFX broker, I was not going to write a review, but after reading here some aafx trading reviews I decided to leave my comment.
I came to work here two years ago after I decided to try an alternative broker.
I chose AAFX broker because of very good trading conditions and high leverage up to 1:2000.
In the beginning I made a mistake and I opened a real account right away, even for a small amount. I did not focus on my education or on gaining theoretical and practical knowledge. Then, after I lost a small amount of money I found an educational section on this web-site, where I watched a lot of educational videos which I was able to cover almost all my gaps in the field of trading. There are basics of technical and fundamental analysis, information on trend reversal and continuation figures, basic indicators, a lesson on cryptocurrencies.
After going through the video tutorials, my knowledge improved significantly, I supplemented my trading strategy, and I started trading in the plus. Now my results have exceeded all my best expectations, I am very glad that I am trading with AAFX broker.
What’s the point in trading with fixed spreads?
Once upon a time, back in the early days of my trading with AAFX Trading, I was trading with good profits using a grid of orders.
Exactly the point is a fixed spread, because you need to open and close orders at the same time! The price moves up and down, even if the trend is prolonged, you will make a profit on the correction. Moreover, there is no swap for me. The distance was 22 pips, taking into account the spread of 2 pips – this is the distance between the buy limit and sell stop, sell limit buy stop respectively.
Now the market conditions have changed, and I’m tired of placing these orders… Now I’m trading on account with floating spreads
I prefer trading with high leverages and this is the reason why I join the community of this broker. It offer good leverage actually which suit my goals in trading activity. I certianly recommend this broker.
I try to make the most of fixed spreads.
The reason why I decided to work with the broker is that it offers a trading account with fixed spreads. It’s named accordingly – Fixed. I’m a big fan of night trading. From my point of view, night is the best period for trading because it’s less stressful compared to what I see in the daytime. The market is very calm at night. It feels like everything is sleeping and I don’t feel a big stress when trading during this period. As a result, I enjoy a higher percentage of profitable trades. I can’t say that I can’t trade in the daytime at all. Of course, I can but I feel somewhat restrained when doing this in the daytime.
I’ve been trading for many years, I’m even in my third year of teaching trading. I trade with the best broker today, in my opinion, AAFX Trading broker.
Most of my students ask me at the beginning of their Forex journey, “”what is the most profitable approach to trading?”” And I usually answer that it depends on their personal circumstances and trading goals. But even more important is their personality, because in most cases trading comes down to psychology.
For example, if you are a beginner trader, you should start when trading with AAFX with higher timeframes, with a swing trading approach. That way, emotions won’t affect you as they do with most traders.
Scalping, on the other hand, is great for those who have a high temperament and a disciplined approach. So once you manage the higher timeframes, you can start trading on the lower ones as well.
What’s the best trading account for news trading here?
I believe you have to choose on your own, however I would advise you to use Fixed account with fixed spreads and 100$ of minimum deposit. If you can’t decide which type of accoutn to choose you can also apply to the customer support team, these guys like solve such tasks 🙂
I think that in the modern world of Forex and CFD trading, this broker may be one of the best. I say this becose I was impresed by the trading ofers that are available including interesting bonus systems, large leverag and the MT5 platform.
The company has been known for a long time and therefore I decided to open an account here. It was a tough decision because I didn’t always believe in this way of making money. I am a fan of traditional business and have always believed only in the fact that you can only make money by buying something cheaper and selling it at a higher price.
Does this remind you of something ?? 🙂
So, I decided to trade Forex with AAFX Trading broker. There was no such risk in my life, so there were some doubts.
There are also some things that I’m afraid of.
For example, if I do the wrong analysis of the market and something goes wrong. I understand that this can be learned, but how do I know that I’m ready?
I am also afraid of temptation. I think you understand what I mean. Leverage of 1: 2000 can actually help you make more money, but it also has the opposite effect. That’s the problem.
But I think that with time everything will be fine.
You are absolutely right. Take your time to get accustomed to trading because this activity is different from the traditional business or traditional work. I don’t know what stage you are at, but I recommend you to do everything gradually like coming in the hot water. You’d better start with demo account, then you can trade microlots without any leverage, then you can start trading decent sums of money and if it is not enough you can trade with leverage. Surely, aafx offers great conditions for trading with leverage, but you shouldn’t use it in the very beginning without proper knoledge and preparation. Otherwise, you are highly likely to lose your budget and be left with nothing in the pockets.
It is also written on the website that the average spread of the company on the euro/dollar pair is 0.8 pips, but I have seen much smaller spreads here. I have never met a broker with such good conditions. Traders are allowed to use scalping and news trading as well as algorithmic trading.
He scammed me by deleting my entire 16K euro account by manipulating my MT4 with two obviously fake operations of which I can show screenshots with proof of the falsity! Obviously they don’t answer me anymore. My complaint and my lawyer’s request are ready! Collect your money as soon as possible !! Don’t trust these scammers!
Last week I opened an account with AAFX Trading broker. I thought for a long time but still made this decision. A friend of mine is trading here and is very impressed with some of the conditions. After his AAFX Trading review, I decided to open an account here too. Demo account, because I needed to test the MT5 trading platform. This is the first time for me. I know that there are more indicators than MT4 and I decided to check it out.
But I want to ask not about the platform, but about bonuses. I know what I will get and my friend says that you can get it out. I want to ask you if it was difficult for you to fulfill the conditions for withdrawing money from AAFX Trading ??
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 to trade large volumes so that it is not difficult to fulfill the requirements.
Trading currency pairs in the forex market with AAFX Trading takes up most of my daily time now. I never thought it would be so exciting. Nevertheless, I think it would be wrong to keep all my money with one broker, so the company I opened my account with. 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.
Everything;s clear. u deposit money, trade, withdraw money. Good management is when there are no questions or issues. I have no questions and no issues.
Broker AAFX Trading has 3 main advantages:
1) Leverage 1: 2000;
2) Bonuses for each deposit (this can be withdrawn);
3) Fast support service 24/7.
This is not the case with other brokers that I know.
Scam broker!Warning! Save Your money !
The broker which offers incredible leverage which is able to boost your trading account within quite a short period of time. Surely, some might say that such a huge leverage as 1:2000 brings lots of risks and they are totally right, but having such an opportunity doesn’t mean that everyone should use this leverage to the full. More than that, I personally don’t recommend to trade with 1:2000 leverage even if you are an experienced trader. However, you can chose the leverage which will comfort you. More than that, aafx has negative balance protection which will save your account from going negative.
I opened a demo account AAFX Trading and want to try trading here. I am a beginner Forex and therefore everything that brokers can offer is important to me. As far as I know, AAFX Trading broker offers so many different advantages and all traders are delighted. I have a question. What is special about broker AAFX Trading that most other brokers do not have?
I heard that you offer 1:2000 leverage, but as my experience tells such leverage can’t be equally provided for all assets. I think at least it’s available for major currencies. Is it possible to trade cross pairs here with 1:2000 leverage?
If you want to trade cross pairs with an AAFX Trading broker with a leverage of 1:2000, then you really picked the right broker.
Indeed, for most of the cross rates, they do offer a leverage of 1:2000. It is almost unreal to find such a broker who would provide such good trading conditions for cross rates, and that’s exactly what it is here.
I agree that trading at Forex market with AAFX Trading broker, a trader can operate with the sums exceeding dozens and hundreds times the size of his account. The very leverage, if used skillfully, makes it possible to achieve higher profitability. But it is in skillful hands, and what to speak about beginners? Beginners trade haphazardly, so they can be lucky for a long time, but one day they start to lose money. The leverage only hastens the process of bankruptcy and that is its danger. Yes, Forex is unpredictable and analyzing it from the fundamental point of view is a thankless task, but what market is predictable?
That’s why it’s very important to turn such a great opportunity offered by AAFX Trading into a tool of profit and not a tool of loss.
I came to this broker to trade indices and metals. In my opinion, they are much easier to trade than currency pairs. What’s more, they are more liquid and therefore more profitable. Besides this, I appreciate the possibility to trade without commission, so I don’t need to share a part of my profit with the broker. It encourages me to trade more actively in the daytime.
I have the same experience .. Actually, I have a similar trading strategy.
I also love AAFX Trading because they have MT5. Market depth and a large number of indicators really help in analysis and trading.
I really like the fact that this broker offer minimum deposit 100$ because I have no more money to invest in trading activity. I think its enough to start trading and earn money.
I came here solely to trade currencies. Of course, currencies are not the only assets worth trading, but I’m not a high roller, although I relish a thought of becoming one at least in a couple of years, but as of now I don’t have enough margin to satisfy all my trading needs. As of now I have decided to focus on currencies only.
As a rule, currency trading is associated with major currency pairs, including AUD/USD, EUR/USD, NZD/USD, GBP/USD, USD/CAD, USD/JPY, and USD/CHF. Well, I also trade this stuff but I do it rarely. Instead, I prefer to work with cross pairs such as GBP/JPY, EUR/JPY, NZD/CHF, EUR/CAD, CAD/JPY, AUD/NZD, etc. They are much easier to trade especially in a range. For this purpose I use a custom indicator Spider. What’s more, it’s crucial that the broker provides 1:2000 leverage for this pairs. It’s a great advantage because as a rule, most brokers provide a relatively small leverage size for cross-pairs.
Aafx is a suitable broker for those who want to boost their trading accounts within a short period of time. That was the main reason for me to choose this broker, because it has nice trading conditions which would allow me to earn quite decent profits. First of all, the broker offers an enormous leverage which reaches the point of 1:2000. However, I don’t use it to the full because I know that it is going to be too risky. It is still important to realise that there is a room for growth and I can take even more risks in order to increase the profits.
The spreads are pretty low and there are no commissions, so I take the major part of my profits.
What I like about AAFX Trading is that when there is real trading, in periods of high volatility, I am not worried about connection or execution failures. As much as I have talked to traders, such problems as freezes or connection failures with the server are very common among different brokers. Nothing like that at AAFX Trading. Maybe this is due to the fact that they have such a huge client base and a lot of servers, so the load on the servers is within acceptable limits. I am more inclined to the variant that they have adjusted their work quality, so the trade is carried out accurately.
Another distinctive feature of the broker is that there are no commissions or swaps. Also this broker works with clients from the USA, this fact already speaks volumes. There are very few brokers, who have a sufficient level of regulation for them to be allowed to work in the USA. That is why I trade here.
This broker attracted me with its 1:2000 leverage. Earlier I traded with a smaller leverage size such as 1:300-1:500. So, when I first came to this broker’s site, I was puzzled. I thought that providing such leverage would be insane. So, my first thought was that it would be very dangerous to trade with such leverage.
However, once I viewed reviews of the broker’s clients, I decided to sign up to try this leverage. I can’t say that I didn’t lose. It took me some time to learn to use this leverage properly, but now I mostly earn with it. I can recommend not to scalp with 1:2000 leverage. It’s for long-term trading only.
What are the spreads types which are charged by aafx?
There are fixed and variable spreads actually. It depends on the type of your account. If we speak about forex trading, then fixed spreads start with 2 pips, for example, on eurusd, while variable spreads (on ECA accounts) start from 0.5 pips on the same currency pair.
AAFX Trading provides CFD trading services. This is what I needed. I was in search because I wanted to start trading stocks on the stock exchange, but I realized that now it is difficult for me, so I decided to start trading here.
AAFX Trading provides several popular trading platforms and a good selection of assets to trade. Frankly speaking, almost every broker has it. The interesting thing is that bonuses are always given here. I am wondering if it is really possible to withdraw these bonuses. This needs to be checked!
There is also a leverage of 1: 2000. At first glance it seems cool, but in fact it is also a big risk. Therefore, you need to be careful.
This broker has many advantages, although it also has one restriction you may have to get used to if you consider trading with this broker. The broker allows to trade with 1:2000 leverage and it doesn’t charge fees. Undoubtedly, commission-free trading and such a tremendous leverage size let trade more profitably, although it’s true only if by the time you joined the broker you had already gained enough experience. Otherwise, this leverage can only help to drain your depo very fast. However, you can always shift to lower leverage to make your trading less stressful.
As for the restriction, I told above, the broker doesn’t let hold a trade for less than 60 seconds. Even if you break this law and manage to earn money for less than 60 seconds, this profit will be taken by the broker. I think that this requirement can be irritating only for hardcore scalpers, but even they can adapt to this.
This broker has plenty of advantages and I’m sure that they attract traders. For example, here we can find the highest leverage I’ve ever seen, 1:2000. However, we should remember that the higher leverage, the higher risks. If you haven’t got enough experience in trading activity, especially trading with leverage, then you would better stay away from leverages at all. Otherwise, it’s the direct way to losing of all your accumulations. Nevertheless, leverages can possibly help you to generate much more money. Also, there are lots of trading platforms, despite MT4 and this fact will perhaps delight lots of traders.
I agree, the broker provides high leverage for trading. And, having penetrated into the essence of the matter, traders split into two camps: the first one associates high leverage with inevitable loss of the deposit. The others consider this instrument useful, moreover, they connect it with an opportunity of diversification due to small margin and good reserve of free funds. As a result a trader can trade at Forex market with sums that are much larger than allowed by the trading deposit in the absence of leverage; a broker gets an opportunity to attract many clients-traders even with small deposit amounts, dramatically increasing his trading turnover and the commission (spread) from each opened deal.
Before I finally decided to register an ECN account with this brokerage company, I hesitated a lot. Some folks came up with negative reviews heavily criticizing the broker’s 60-second restriction on trades. They described it as something terrible that makes scalping with the broker impossible.
By the time I saw those reviews I was prone to thinking more positively about the company because I saw more positive things rather than downsides. In particular, I liked their big leverage and no fees for all accounts. So, I firmly decided to sign up to try it all in practice.
Yeah, there’s a 60-second restriction on trades. You can’t hold a trade here for less than this period. You can do this technically but you will not get the earned profit, while your loss will remain with you. I think the broker simply meets its liquidity supplier’s requirement. I scalp on their ECN account and I already got used to this restriction. It doesn’t make my scalping impossible.
Not all of the traders pay attention to the fees which are charged by the broker but they can take the bigger part of their total profits. However, that is not about aafx because the spreads there are among the best on the market. If you trade with leverage (which is extremely high), the combination with the low spreads will give you outstanding trading results.
Totally agree with you here. High leverage and low spreads may lead to the decent trading results.
I know that AAFX Trading broker provides very high leverage for trading. What are the possibilities of using such leverage?
The main advantage of using high leverage is that it allows you to earn much more money than you would earn without using leverage. However, it’s also a very high risk to lose all your accumulations, because leveraging always implies high risks.
I have an interesting situation. I don’t have a lot of money on the deposit, 300 dollars. I’m thinking about which leverage to use. AAFX Trading provides the ability to trade with a leverage of 1: 2000. This is a great opportunity, but also the risk of losing everything. The good news is that I am using the MT5 trading platform. There are enough tools for good analysis!
I like to scalp on your ECN account. Tight spreads combined with no fees give me a very strong advantage. I have 1:500 leverage now. It generally suites me, but I want to try 1:2000. Is it available for regular users or for VIPs only?
That is a really nice broker for those who have low budgets. The key advantage of this brokerage, from my perspective, is that it offers a really big leverage which is 1:2000. So, technically, you’ve got an opportunity to earn a lot in a very short time, but this feature has the other side which is a huge risk. The spreads of AAFX are very tight and there are no commissions. It is great because due to such low fees, you’ll earn more and there will be no such a situation when all of your profits go to the broker. It is sad that the broker doesn’t welcome the scalpers, i.e. the deal should be open for more than 60 sec.
I started trading with AAFX Trading three years ago. At that time I was in a situation where I needed money urgently to pay off a debt. I understood that I needed money in a short period of time and I realized that I was unlikely to earn that much money anywhere. I started looking for quick ways to earn money online and that is how I came to know about trading on financial markets. I understood that I should not make mistakes, so I did my best in a short period of time to understand how it all worked out and how I could earn money. I found a broker with better conditions and higher leverage. This broker turned out to be AAFX Trading broker. In three months I started earning good money, and in eight months I fully repaid my debt. The broker was responsible for 50% of my success.
I saw a requirement to hold my trades for at least 60 seconds. What’s the purpose of it?
I think that in 60 seconds you will not be able to earn the necessary money, so I see no point in this. It’s my opinion.
I think I need to have more experience trading with 1: 2000 leverage. I’m serious. If you do not trade well, you can lose your entire deposit and no matter what kind of bonus you have. First you need to open an AAFX Trading demo account and try to trade virtual money. I am glad that there is such an opportunity. At first, I didn’t know which trading platform to choose. In the end, I chose MT5. There are more indicators and market depth here. A good advantage, but in order to use everything correctly, you need to study a lot and be careful.
You must understand that Forex trading will not make you millionaires quickly. This is a business that needs time.
Indeed, the broker AAFX Trading provides large leverage for trading, probably the largest that I have seen at the brokers I know. I also agree about using the MT5 program. Thanks to its simple interface and a wide range of analytical tools the program has gained popularity among brokers in many countries. The platform allows you to use two classic approaches for analysis – technical and fundamental. The first is represented by numerous tools, both basic and additionally developed by users. MT5 allows you to use several indicators and charts simultaneously, overlaying them on top of each other. The resulting tools can be saved as templates to simplify your work in the future.
Fixed spreads and 1:2000 is a wild mixture I tried here and it made me a returning client of this broker. I’m fond of trading at night when fixed spreads demonstrate their effectiveness, while 1:2000 allows me to earn more or…lose more if I’m wrong with my market forecast-)
I’m not a professional trader. That’s just like fun for me. From time to time, I manage to grab a couple of hundred bucks. I like AAFX Trading because of extremely high leverage. I enter the market very rarely but when I do, I put a large volume on the table. If the market goes against me, I put more haha. I know this is a dangerous strategy but the market is keen on reversing, and the only way to catch strong trends is to start seeking the reverse. The brokerage offers attractive trading conditions for that approach, so I got nothing to complain about.
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 (as I thought before) amount to open a deposit. As they say “a greedy pays twice”. Previously, companies that had only been around for a month had not bothered me. I used to not worry about companies that have only been around for a month. I opened accounts at any suspicious sites, where I could work with ten dollars, as I was assured by phone and as a result I lost more money than I could earn. I opened an account with AAFX Trading after recommendation of my acquaintance. AAFX Trading has all the licenses and the broker proved itself in the best way. 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.
This company gave me the chance to trade Forex. I always dreamed about it and now I have this opportunity. Only I can’t choose a trading platform! Please tell me what is the best trading platform here?
I like to trade MT5. This is a more modern trading platform and there is more functionality for market analysis. I think you will like it too.
My opinion of the company is rather positive. Adequate organisation, you don’t have to fear for your finances, they don’t cheat people. The trading conditions are a bit similar to others, there are a couple of differences, of course. There is a large choice of assets. That is, you can trade shares, currencies or cryptocurrencies, which is probably the biggest plus. Large size of the leverage offered up to 1:2000. As for me a great broker, I have been working with them for a long time, everything is super. I think it is possible to keep an amount over 10000$ on his trading account.
The broker has many ways to deposit as well as to withdraw. The minimum deposit amount is only $100, you can start trading on a real account starting from such a small amount.
A very well-known broker with excellent trading conditions, availability of many currency pairs for trading, 25 indices including the major ones like S&P 500, Dow, NASDAQ and including Bitcoin, Indian, Swiss, Russian and Japanese indices. Fixed spreads start at two pips.
This broker came in handy because by that time I was looking for a brokerage service with fixed spreads. I wanted to experiment with such spreads and I can say that my expectation was met. Such spreads don’t move during volatile session and makes my trading less nervous. I wonder how much it costs for the broker but it does it for us and I’m grateful for the opportunity to trade with fixed spreads.
I invested $ 2,000 in the fall of gold in six months, without limiting profitability and risk of 10%. I earned about 15% – not bad at all in six months in foreign currency. Partly lucky, of course.
Broker AAFX has been on the market for quite a long time and I read only positive reviews about the company, there are some who are not happy, but they are always necessary for balance, so that the company does not become arrogant. I myself have been trading with them for no more than a year, but after meeting them I left other platforms, here for my strategy the best trading conditions! two colleagues at work have been trading with this DC for about 8 years, they have never complained.
AAFX is a broker with instant order execution, tried to open even more than 10 deals, still the platform is not overloaded, this is an excellent indicator, if anyone who has experience in Forex trading will understand this is one of the company’s strengths!
Aafx trading withdraw takes place clearly within the time frame established by the regulations.
For me, there are categories of new Forex brokers who are gaining a reputation, and there are reference brokers who have proven themselves from an excellent side throughout Forex. AAFX is one of them!
The most important thing is that the trading conditions allow you to get it right.
Including trying assets, strategies and different interesting things.
When I first started trading, I had a small deposit. 200 dollars and together with the bonus it was 270 dollars. I understood very well what would happen to the EURUSD currency pair and therefore did not doubt myself. I used 1: 2000 leverage to triple my deposit in 2 days!
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You pay a little more up front than you would with regular spreads – but you are protected from spread widening right away. This is a plus if you are working with a large number of orders at the same time.
I have been trading with this broker for a long time. I have already come to the decision to open a VIP account. The question is for those who use this account. Is there a welcome bonus when opening this type of account? What other benefits are there for you?
What’s the essence of fixed spreads?
A modern forex broker is a combination of reliability, support and range of services. Does AAFX provide all that? Yes. Besides, there’s a large list of funding methods to choose from. The list of financial instruments has everything possible, starting from traditional currency pairs, energies and metals, and finishing with ETFs and cryptos. Margin requirements are moderate, leverages allow applying any trading method, although they are getting lower with large account balances above 20K.
If you’re a professional in the forex industry, you can take advantage of the variety of affiliate partnership programs with AAFX, as the broker is ready to share the revenue. Bonuses are attractive in all types: welcome bonus, redeposit bonus and even refer-a-friend bonus to be added to your trading account instantly after your mates deposit.
I like the structure of trading conditions depending on the account type. Fixed spreads allow disregard volatile periods in intraday high-frequency trading, while variable spreads suggest no additional commissions.
I love the fact that you can choose almost any kind of leverage at AAFX. While other companies have a maximum leverage of barely 1:30. And more often, even lower. In AAFX, you can choose leverage up to 1:2,000. And this leads to certain advantages.
First of all, it allows increasing of capital for trade. You can conduct profitable trades at the right time, even if you don’t have the necessary funds.
And second, a trader can enter the capital-intensive markets, even if he doesn’t have his own significant funds.
I don’t know about other traders, I had no problems. AAFX Trading has fulfilled its obligations all the time. I deliberately came here to trade and everything is fine. Leverage of 1: 2000 has helped several times when trading currencies. Have you ever had a case where 1: 2000 leverage helped in your trading strategy?
I can say that this broker definitely deserves attention because it offers some unique features. The first is 1:2000 leverage. To be honest, I have already seen this leverage size with other brokers, but taking into account that it’s rarely offered today, we can admit that it’s a unique feature.
The second unique feature is their commission-free ECN account. As you know, today all brokers charge fees for tight spreads on their ECN accounts. AAFX doesn’t do this. At first, I was happy about that but then I discovered one intricacy. It’s clear that none of brokers would give something just for fun and the broker’s commission-free trading on that account is compensated by one restriction you may find nasty if you are a hardcore scalper. So, the company doesn’t allow to hold a trade for less than sixty seconds. Even if you try to break this law and manage to earn something for less than a minute, your gain will be taken by the broker. I think the broker’s regulator made it do this. So, it only remains to put up with it. However, I think it’s no problem to adapt to this restriction and scalp profitably with this broker.
When I trade with a broker, I know that AAFX has flexible conditions for traders. There are no significant drawbacks unless you are a scalper. I also do scalping, but my positions are on average in the market for about 5 minutes. I asked this question to the broker, and the support answered me that this rule is set by the bank.
What is the condition for using leverage? Are there any restrictions for newbies?
I have been trading with this broker for a long time and am very happy with the trading conditions.
I like that the broker allows you to use huge leverage. I enjoy the risk 🙂
This broker has one interesting feature that allows it to stand out from other brokerage services. Here you can trade on an ECN account without commission. You know that ECN accounts usually come with a commission – a price traders are bound to pay for tight spreads. Here you can save money.
Nevertheless, there’s one pitfall here. When scalping you can’t hold a trade for less than 60 seconds. If you do, the broker will take your profit gained for this period. However, if you usually hold your trades for a longer period, it’s not a problem.
I chose a broker by the number of assets and spread size. Both items in the AAFX Trading are good enough for me. There are more than 1,000 assets, including stocks, currencies, commodities, etc.
The spreads on the ECN account are relatively tight. So, nothing prevents me from making profits. But I want to note that the training in AAFX is quite simple. It doesn’t suit me, because it’s designed for beginners.
I watched a few videos. Yes, they are quite detailed but do not contain any information that I would not know.
So I would like to see some courses for advanced traders here. It would be great if the training was done with a tutor. This would significantly improve the results of beginners. But overall, my review of the broker is positive.
There are the right platforms for trading — these are MT4 and MT5. The Personal Account is transparent. It has enough necessary information. Withdrawal of funds is fast. There are no hidden commissions in AAFX Trading.
Also, the site has analytics, both detailed and brief. I usually watch short video summaries. And then open the analytics and read the information on the asset that interested me.
I like this brokerage service, and I will continue trading with it.
It is right that this company has chosen to work with MT terminals, because here you can firstly work with algorithms, and secondly, you can conduct sufficiently competent analysis by yourself and at the same time have full control over the whole trading process. It’s really important both for beginners and for professional traders who work completely autonomously.
And the mobile application is excellent. I personally like it – no delays or deviations from the main terminal.
I have recently opened a Fixed account with AAFX trading and I like it so far. At first, I didn’t want to use 1:2000 but then I had a try and was impressed how profitable it can be. But I have one question regarding this leverage. Are there any restrictions on the use of this leverage?
Of the restrictions, we can say about the amount of the deposit. Leverage 1: 2000 will remain at the level of up to 20,000 US dollars on a standard account, such as FIXED AND ECN, after which it will drop to 1: 1000. But if you switch to a VIP account, you will again have access to a leverage of 1: 2000. Also, you should know that the AAFX company protects you from a negative balance, which means that if the account becomes negative, the company will reset it to zero, and the client will not be obliged to pay a negative result.
I found only general phrases in this article. I didn’t find any concrete facts. Is this PR for another broker comparing it to AAFX?
I can add from myself that I have withdrawn money from AAFX more than once. Usually, they came within a day. But there was one time when there were delays because of the limits on my e-wallet. This point was quickly cleared up with the AAFX support service. They helped me understand what was going on. Although they could have refused because the AAFX has nothing to do with my purse issues.
So I would not say that the broker only seeks to profit from the clients and gain at their expense. I’m impressed with the broker. And I think it’s very good at both earning and withdrawing money.
I haven’t been trading for a long time, so the first thing that attracted me to AAFX was the education and detailed technical analysis. You know, it’s essential to have the information you can rely on.
I prefer to analyze the chart myself first and then check myself with a detailed technical analysis from AAFX. It allows me to grow and develop as a trader.
Hopefully, I will improve my trading results soon and be able to move to more leverage. In AAFX, it can be taken up to 1:2000. But I consciously don’t take a big one until I learn how to make stable money in trading.
On the one hand I agree that having regulation, etc. is important. But on the other hand, practice shows that this is not some kind of guarantees and indicators of the quality of the company. On the contrary, as a rule, many modern brokerage companies use it as a cover and introduce some horrible restrictions, which prevent normal work and lead to the fact that the trader just can’t act as he wants and has to act strictly by the company’s rules.
And here we see a normally working mobile application, and demo, which is available at any convenient time and other pluses, including problem-free withdrawal of money, so that some shortcomings of this company can definitely be forgiven.
I agree that everything here is not as sweet and positive as it seems at first glance. For example, I’m totally unhappy with the fact that there’s no copy and social trading here, so there’s definitely no way to get at least something in a passive format.
But stable fixed spreads of just 2 pips is what I need. Because this corresponds to the orientation of the company even for small capitals for traders.
I also agree that tight fixed spreads are really good. Many people don’t realize how advantageous fixed spreads can be. Variable spreads can be very cunning – they tend to widen unexpectedly taking your stops. Fixed spreads will never do this and with fixed spreads it’s much easier to calculate your trade in advance.
There are acceptable terms of trade in the AAFX. They are especially suitable for those who follow a high-leverage strategy. I missed the opportunity to copy trades in the company. But for someone, it may not be significant.
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.
The educational resources here are not too powerful, but it can be interesting for newcomers who don’t have enough experience yet.
There are certain restrictions for this leverage. If you deposit no more than 20000$, you can use 1:2000. If you deposit an amount exceeding this sum, your leverage will be diminished to 1:10.
I’m trading 5 years already with AAFX. Seems not like it’s not safe to trade =)
At least my withdrawals are quite stable, especially taking in account that my depo is $24k
So that’s wrong saying it’s not safe. It’s offshore regulated, but quite reliable..
I assume it’s not regulated cause of leverage, but I’m trading with 1:400. so I don’t care about that, I don’t want to take such high risks with 1:2000. But I think the reason to be offshore regulated is because European regulators don’t allow such leverage
Yeah, you’re 100% right. European regulators are cutting leverages, some of them allow only 1:30, hah, so you wouldn’t trade even with 1:400. And 1:30 is extremely low, especially for traders from developing countries, for such people high leverage is a way to start making money without a lot of funds.
Is your 1:2000 leverage provided without any restrictions?
AAFXTRADING.COM
They just stole $50k (Fifty thousand USD) of my money out of my account.
I had this balance with no open trades for three days.
They placed fake trades, made my account zero and stole my money.
Even the withdrawal that I placed (and received an e-mail from them to proof) just disappeared from my dashboard.
I know other people, whose money has not been stolen.
The seem to just pick certain people in order to break down the credibility of the people whose money they did steal.
Also most of the posts defending them are by fake profiles that they create themselves.
Did you not leave your personal account available on your work computer or some other source? Such situations can only happen if someone has used your personal account. That’s why, for example, I never save passwords in my browser – it’s not safe. Accordingly, due to the fact that the required amount is not on the account, the company has cancelled the withdrawal. You should contact the company’s support team as soon as possible. In case he situation is real of course. To tell the truth, the story does not look very realistic. 50K, really?
Is there any education available?
Yes, AAFX provides quite a lot of education materials. The broker provides free access to various training videos and e-books and stuff. In fact, it isn’t always convenient to learn from the broker’s training materials, but if you are a beginner trader, it will help you. But I would still recommend to combine training from a broker with some additional courses to make training more effective.
I took a break from trading for a couple of months before I recently opened an account with AAFX.
The fact is that trading is a very tough business in which you have to spend a lot of time and effort to achieve something. And brokers with which I worked with before didn’t support its clients in this sense.
Support can be different, and when I write about support from a brokerage I mean its trading conditions, training and other stuff.
And AAFX is doing just fine with that. It’s as if I’ve regained my love for trading with this broker. It provides both free training and favorable trading conditions: a mobile trading app, low spreads, great customer support. So far I’ve managed to cope with stress, together with AAFX.
The broker is not ideal, although it has everything to be. I thought I would make great money on scalping as AAFX spreads are extremely small, but trading conditions are a bit limited. It is gratifying that you can use different trading accounts for trading, but they cannot be used to compensate for losing positions. In general, the broker is good for those who trade intraday and over longer horizons.
Personally, I think the fact that it isn’t very profitable to practice scalping with a brokerage isn’t its disadvantage. My opinion is that scalping isn’t the peak of a career for real, professional traders. Short-term trading can be done by any trader with almost any brokerage. But long-term trading requires more favorable trading conditions and more professional skills of traders.
Personally, I think AAFX has a strong point about trading with Expert Advisors and 2 – MT4 and MT5 trading platforms. And maybe a broker has some disadvantages, but they are compensated by a large leverage of 2000:1 – which I haven’t seen in any other brokers.
When you open a VIP account with AAFX, you get not only a personal manager. You will also have special conditions for spreads, you will get Raw spreads.
But the fact is that the broker’s account is already good. To trade successfully with AAFX, you don’t have to open an account for $20,000, because on an account for $100 trading conditions aren’t worse, spreads are not raw but tight enough. This is the strong side of the brokerage, the rule “The more money you have on your deposit, the better trading conditions you have”- does not work here.
I’m trading AAFX for 4 months. I’m in the beginning now, so that’s hard for me to adjust to this industry and be good in it. At least, this brokerage doesn’t make trading harder than it is. I haven’t faced any things like slippages or problems with my acc, so I think brokerage is good. However, I still can’t understand what advantages are for VIP clients. Support service also can’t explain me clearly. So, please, can someone explain what are another advantages except personal manager?
It was in this company that I was able to concentrate on training, because there are all the conditions for it – a good demo, training books, the opportunity to try different types of spreads…
In the last six months I’ve used this widely known leverage up to 1:2000 a couple of times and I can say it’s really cool, because in justified situations it’s really beneficial…
I wouldn’t say that’s the best broker I’ve ever worked with. But it’s reliable and adequate. It’s not enough for someone, and someone’s only looking for those qualities at a broker.Personally, I am quite satisfied with my cooperation with AAFX and will continue to work with it: most of all I like bonuses when making deposit and client support. Maybe I’ll find a better broker, maybe I’ll continue trading with this broker. I don’t know how the future will turn out.
You seem to underestimate a broker to me. It’s reliable and adequate, but that’s not all it can offer. AAFX once practically saved my ass, because I can be very impulsive (bad quality of a trader) and my account balance has become negative with a few trades. But the broker provides negative balance protection and I shouldn’t have paid back anything. Since then, I trust AAFX even more and try not to make stupid mistakes (again) lol)
What is the most favorable withdrawal method with this broker?
Well, as far as I know, it’s possible to withdraw funds to a card, an e-wallet or make a bank transfer. You can always withdraw to a card or e-wallet without any commission. But a bank transfer without a commission is withdrawn only for the amount of $ 10,000 or more.
What’s the difference between ECN and Fixed account?
ECN – variable spreads, which vary depending on how much you use for the trades. In my opinion, it is the best option for an experienced trader, who knows how to control the calculations and clearly assesses the situation.
FIXED – fixed spreads from 2 pips (depending on the asset type), which remain fixed, regardless of the amount used for the trade. It is not always beneficial if you use small amounts, but reliable, because they do not change regardless of the market situation.
ECN is account with variable spread. It’s usually between 1,2-1,5, but can sometimes reach 3-4 pips. Fixed account has (obviously) fixed spreads, so you always pay the same spread.
I can specifically mention the mobile application of this brokerage company. Because it’s really commendable.
Usually all companies save money on it and do not try to make it productive. And here you get a quality product that you can freely use on your smartphone and tablet…
Guys, trade at the aafx – there’s plenty of leeway here for you to develop and make money. Just stop counting on luck, study the market, especially since it is so interesting, you can turn your wings here and become a person of business…
Yes, the aafx has all the information available to anyone who trades on the aafx. In my opinion, it is an excellent solution for traders to trade actively and profitably.
I registered with aafx not so long ago, but compared to what I have seen in other companies, it is a real paradise for a trader, because everything works and money can be withdrawn without problems. I wanted to clarify – do they really have all the training materials in the open access? For all accounts?
Yes, AAFX provides free training for all its clients, regardless of the type of account. It is freely available. A broker really makes sure that its clients have access to the latest trading training materials. So, yeah, most of what traders wrote about a brokerage is true.
Okay, well… I like everything, although the bonuses could have been bigger… And so – in general, the terminal does not hang, all the assets you need to eat. I’m happy that there are no unexpected commissions, in general, all that was promised at the registration – they perform…
Of course, it is a bit funny that for absolutely every brokerage company you can find similar articles that prohibit trading or urge traders not to cooperate with a broker. Any company has positive and negative reviews. But I can say for sure that everything should be checked in practice, because the feedback is written by both upset by the loss of clients, competitors, etc. My first investment in the aafx was $500. After I earned about $300 more from the top, I made a withdrawal for the entire capital, and after 14 hours I got the entire amount on the card. After that I tried to replenish and withdraw different amounts, and each time the broker did not create any obstacles for me, and really did not take commissions neither for replenishment, nor for withdrawal. For me, this was a confirmation of the fact that you can work here. Therefore, I would not even pay attention to such reviews.
For me, my broker is key importance in trading, because it is my partner, that can provide me with the opportunity to trade and manage my money. With aafx I got full freedom of action and it seems to me that I will continue to cooperate only with this company. In addition, there are no commissions and spreads are within 3 pips.
See that there’s some negative opinions about AAFX brokerage, mainly about it SVG registation. To be fair, I don’t care about any regulations, I don’t like them at all. I was in doubts when I was looking for a broker. I like AAFX list of assets and their features, but I doubt about SVG registation. Finally, I made a decision to trade with AAFX and, to be fair, I’m 100% satisfied. If you think about this, I can make a suggestion – by guided about your own feelings of a broker, as all this regulations are more for regulators itself, not for traders. So think with your own head, not by others.
I’m now thinking to try trading BTCUSD, does anyone know about leverage for crypto there?
As far, as I remember the maximum leverage ratio offered by AAFXn is 1:50 for Bitcoin to USD trading, it’s lower than leverage for forex or CFD trading (when it’s up to 2000), but still good. Most brokers offer just 1:10 or 1:20 for BTC.
I don’t like situations where they start criticizing a company with which they didn’t personally cooperate. Because I, for example, have complaints about brokers, which are listed as the best and recommended. Everything has to be tested in practice. Because I’ve been trading at aafx for a couple of years now and I can say that I’ve never faced more thoughtful and at the same time advantageous working conditions for the client. That’s because they tell you all the details at once, they don’t emphasize that you invest a lot of money, if you are not fully confident in your abilities, every operation is simple and you can easily understand the capabilities of the platform. That’s what I call a comprehensive approach and security. And everything else is up to you.
Totally agree, AAFX is reliable brokerage, but there may be some qustions to it or problems. It’s okey, but people, that write reviews simply call it a not reliable broker only cause they think so. I don;’t like such approach. I trade with AAFX and I see as advantages, as well as disadvantages, but one is for sure AAFX is reliable company!
I can’t agree that this broker is not to be trusted. Based on my personal experience, I can say that it is possible to work here as you like and the broker will not interfere with you. First of all, MetaTrader that they use is an excellent trading terminal, where you can analyze and trade with almost any strategy. Secondly, there is a wide range of leverage, so even if you have a small capital, you can still provide yourself with normal conditions so that you can make good money. And of course, thirdly, there are no commissions or any hidden fees. Everything’s transparent, they’ve made everything so that the client will be fine. It’s a success.
There is no problem, I think that author that was writing this article never faced trading with aafx and just deliver some general points, without in-depth analysis. Can we claim this to be fair? No. As on my own, there is no matter in regulation, but the reputation really maters and I know that AAFX has good reputation and that’s why prefer it 🙂
I’m trading for a year and also don’t noticed any problems, I even don’t know anything about regulations. I make some googling and I still don’t understand what the problem. 90% of reviews are positive and that (for me) is a proof tha company is reliable. So why I should care about some ghostly bureaucratic things if I have a clear reputation and my own experience?
This is just a bad joke. As soon as I invest money or am interested in some company and not only in trading, I immediately come across negative reviews. But in this particular case, I won’t say anything bad about aafX, because I’m satisfied, I trade here all the time and see the positive dynamics, plus withdrawal is always fast and you can change the payment system if you need (here I did). So you have to check everything in person and then write. There are not many good brokers to ignore them.
I’d say it really is unsafe to trade with wide spreads and excessive commissions that all regulated brokerages apply. It is also unsafe to trade with unregulated new brokers, but if the company has been on the market for over 5 years like AAFX and has got this many positive reviews from real customers, I think tight spreads and favorable trading conditions are really worth trying. This was my motivation. For about 3 month I’ve been trading with AAFX and this was my best trading experience so far.
Can someone please tell me which account is better for fundermetal traders , is it fixed spread account or the ECN account with 0 spread please I need help
Dear Danny,
Please, have a look at our articles on Fixed Spread Forex Brokers https://55brokers.com/fixed-spread-forex-brokers/ and ECN Forex Brokers https://55brokers.com/ecn-forex-brokers/ that will help you to decide. You can choose a broker to trade from the presented lists of Regulated Brokers.
I see that many people have already signed off on the fact that the American or European license is much more expensive and it isn’t profitable for the broker. And it is true. I can only agree here. This is the rule of any business. A consumer is looking for an opportunity to maximize his profit, and a businessman (in our case a broker) is looking for its own. And it is so. From this point of view, offshore registration is beneficial both for AAFX and for the trader. The first one pays less taxes and can provide more flexible services, while the second receives better quality services and pay less commissions.
But there is one more thing that many people miss. This is why offshore registration is considered a drawback. And what is an offshore company at all? This is a country or territory with special business conditions for foreign companies, usually with lower taxes and fees. Of course, I can say, “Oh, yeah, that’s bad, they don’t pay taxes”. But to what country should AAFX pay taxes on our money? Maybe it should pay them to the US or German government? And here we come to the most important thing. Offshore is not a bad thing, it’s just the same country as the ones called “reputable” in this article. Now the economy has become global and any business chooses the jurisdiction that will allow it to provide the best services. Of course, the U.S. doesn’t like it, which actively promotes the idea that offshore companies should be banned. But it directly contradicts the rules of free capital movement.
As for the AAFX as a broker. I personally trade with this company and my 3 friends as well. None of us has had a single problem for years. All orders were executed very quickly and withdrawal of funds didn’t take more than a couple of days. So ask yourself the question: is registration important? Or is the company’s reputation important? Because the reputation of AAFX speaks in favor of that company.
If someone will ask me what I prefer – trading with tight spreads, high leverages and getting payments within 2 days, or high spreads, low leverages, but “regulations” I will choose tight spreads. You’re right that reputation is much more important than regulations. I know a lot of cases when regulated by the US SEC companies make fraud and some kind of scamm actions. So that’s not a guarantee. You just need to be guided with own mind and broker’s reputation. And as I know (and my experience confirms that) – AAFX has good reputation/
That’s true, I’ll prefer have a tight spreads and 1:2000 leverage, not a ghostly regulations, I know that AAFX has good reputation and always pay in time and answer any questions with perfect speed. I think that there is no need in rehulations and the best thing is the reputation. And I can say that AAFX build strong one…
Financial markets in the US and Europe are excessively regulated, because there are their own giants, hedge funds and large banks. And of course, these giants aren’t interested in someone who make money in the financial markets. They want people only to give them money and trade only through these large banks. You know, that many small companies in the United States are being shut down by SEC for minor mistakes. But SEC never touches large funds. The same thing happens in Europe. For example, there are very limited leverages and there is no reason to limit them. It’s capitalistic principle. If I want to take higher leverage and broker is ready to provide it, so why I cannot? I think that’s why AAFx is not registered in the EU or the US. I trade with AAFx and I understand that company seeks to provide real financial opportunities. I never had problems with withdrawals or the platform. However, they provide me large leverage, I used even up to 1: 1000 in very specific situations. This gives me the opportunity to vary the strategy and earn more. Regarding market requests, I never had a problem in 2 years, so I don’t understand how you can write about this. As a rule, negative reviews on AAFx or other brokers are written by people who lost money due to unsuccessful trading. I can find numerous negative reviews on the US banks or funds, as it’s people nature, to complain on everything. The AAFx is trying to promote (and rightly so) that you cannot earn on trading without skills and that they don’t promise profit. Broker just gives access to market, leverages, indicators and training materials and then it depends on your skills and understanding of the market.
Yeah, guys with several million can trade with large banks and they don’t need high leverage. But people like the author of this article forget that there are billions of people who don’t have “spare” $5-10 million to invest. And such people need another solution to climb up the ledder of success.
Would love to find out where exactly did you find the negative reviews, cause my experience was strictly positive with AAFX. The funny thing is that I’ve chosen this brokerage exactly because the reviews were so good on their service.
As its been mentioned in the article AAFX really does try to minimize operational costs in order to be able to provide best spreads and commissions to their customers. So far they succeed to do so and AAFX has the most fascination offer on the market on spreads. EURUSD pair can be traded with the spread of 0.5-2.0 pips depending on the account type and whether the customer prefers fixed or variable spread. There are no other commissions per trade apart from spreads. This would not have been possible if AAFX was regulated with SEC for example or had fancy offices in London. Most importantly they provide quality services which can be easily found out if you looked at the reviews carefully. I’ve ran through many of them before dared to open an account with this offshore brokerage, and I’ve never seen complaints on withdrawals as it is claimed in the article.
I agree, although this strikes their prestige in the eyes of those who are not familiar with them, but for people like me, it does not matter. Although I doubted whether to start working with the company, I tried it and now I can completely agree with you. Low spreads allow me to earn more and profit from small deals. It is much more profitable for me as a trader, but the company on this clearly does not receive additional profit.
No trick here, there really are no swaps or overnight commissions here. I understand your uncertainty though! If I haven’t checked myself out, I would have still be in doubts whether there is a pitfall here or not.
It is normal and even right that people doubt something and try to verify the truth of information.
I think the reputation of this company has long been positive and justified by the feedback from many satisfied customers.
And I wish this company prosperity and further success.
I don’t know what to think now. I am the current AAFX client and I didn’t know they’ve got an offshore registration. It started bothering me now after I read the article. 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 (taxes and leverage regulations). I’m still confused, but you know, it’s difficult to find another broker like AAFX, so I think for now I’ll just leave it and hope everything will be fine with this broker as it was before I read your opinion.
If you even don’t know about offshore regulation, that what’s the reason to care now. Offshore isn’t sth bad, that’s the same jurisdictions like other countries. For example, Lichtenstein is also considered an offshore, but you don’t think that Lichtenstein companies aren’t legit? So just don’t care, that’s my solution.
In real life the only diference between regulated brokerages and offshore registered ones is their fees policies. US and EU brokers tend to collect all kinds of fees from their clients and their spreads and commissions are just outrageous. I can’t blame them, their tax burden would have been too heavy otherwise. But the other question is whether I want to help anyone pay taxes out of my own pocket? Hmmm… no, thanks! I’d prefer some reputable broker registered in the Pacific Ocean somewhere if this can help me minimize trading costs and still get my money withdrawals in time.
Jeez, dude, that was a comment that explained a lot to me personally. The argument about the US SEC being unable to provide regulated ETF for cryptocurrencies is an eyeopener. I didn’t realize that you can’t ever trade crypt under a fully regulated and approved by SEC brokerage
AAFX is a reliable partner. I think this is what’s most important. People can discuss spreads and commissions as much as they want. I want my broker to provide a reliable connection and execution of my orders. Sounds simple, but trust me, so many online brokerages can’t cope with this simple task. AAFX does cope. As long as he does, I’m staying with them. Trust me, unreliable order execution can cost you much more than those pennies you can save by choosing a cheap but lousy brokerage.
Quite a shallow vision of a broker. If you keep judging all Forex companies by their regulation and some hyped article, you might end up thinking that honest Forex brokers simply do not exist. Here’s a question though, why do people manage to earn on here all the same – and on AAFX as well? Quite some food for thought, huh.
I also don’t understand why some people so hype regulations, it seems that they’re even obsessed with them. Of course sometimes regulations may be important, but AAFX has good reputation and is well-known in the industry, that there is no reason to care about this. Moreover, I have read about banc de binary case, just think about it – 100% regulated brokerage and he really have taken unfair actions for its traders. On the other hand, I can’t find any single bad review about AAFX, so I’ll prefer to trust majority opinion, than this misty regulations that don’t ensure anything!
What I find really amazing about all these warnings about the danger of trading with regulated brokerages only is how shallow is the knowledge base of the authors of these topics. Normally, the argument is that offshors are bad, not really explaining why they are bad. They are bad for the economies of the countries who apply over 30-40% taxes to businesses run on their territories. Businesses just goes away and settles at Bahamas. I can’t blame them, can you? )) The other argument in this article is that brokers must be regulated with a decent regulator. Who? SEC? Al right. For over 3 years now SEC has been unable to approve a single cryptocurrency ETF. Best brokerages located in the USA have been trying to break this SEC wall, but were pulling back their proposals one after another. Thousands of traders want to trade crypto ETFs but they can’t, because they live in the US and want to choose a brokerage that is regulated by SEC or some other outstandingly peeky regulator, whose main goal is to protect Uncle Sam’s interests. You can warn us as much as you want, but personally as long as I can get decent trading conditions and withdraw profits to my wallet, I don’t mind AAFX to be registered wherever they find it appropriate.
Exactly, I don’t know why so many people believe that SEC is something good? Yes, the US is superpower with developed economy. But there are high taxes and regulations. It’s simply impossible for broker to provide good service and low spreads, when it’s obliged to pay 40% taxes and pay the license. I think that all people that think that offshore registration is bad should ask Americans, why they don’t trade themselves. Yes, we know that American people have a lot of investments. But they don’t trade themselves, they just give their money to investment funds, because it’s impossible to trade on their own. I enjoy trading with AAFX and hope they will never make a mistake to obtain the US license.
I started trading in 2014. At that time, I did not even understand why regulation was needed. This broker was advised to me by my father, who is engaged in trading in a large company. I just looked at the demo account and I liked it.
AAFX is not a scammer. I received all the money that I took out for these 5 years. I have never (!) expected money for more than a day. This broker is trustworthy.
It is very rare when a broker does not spoil over the years, but on the contrary, it only gets better. This builds trust in the company and allows you not to worry about the conditions in which you will trade.
I don’t know what so dangerous you found in this broker. When I was going to open an account, I checked the company, learned all the information and reviews, it seemed to me like a pretty reliable broker. As for now, I’m trading for long enough and never had any problems…Personally, I’m satisfied with everything, with trading conditions, with money withdrawal policy – I didn’t have to wait longer than 24 hours even once, and I think, this is the most important indicator of the quality of AAFX Trading service…
It’s easy to understand what is so “dangerous” in AAFX and other decent brokerages with an offshore registration. They don’t bring enough money to Uncle Sam’s pocket. With all the respect to the great Uncle, taxes are extremely high in the US. If broker wants to minimize costs and offer the best conditions to their customers they have to register in offshore jurisdictions. Sure enough, government doesn’t like it.
I didn’t have any single problem with the money withdrawal for many years of cooperation with Aafx Trading. And I have made withdrawals at least 10 times for sure, lately, I’m withdrawing almost every month. I don’t know, what kind of problems people are facing, but I have some doubts that this is broker’s fault – it doesn’t make any sense for them to spoil their reputation just because of a few somebody’s bucks? I withdrew pretty big amounts, and nobody wanted to rob me… Honestly, isn’t it strange? =>Sarcasm<=
Agree, I also think that all these reviews about the broker not allowing to withdraw some 100-200 bucks – is total bullshit. I don’t know why people are writing this, but personally, I don’t believe in that. And also I don’t know who in their right mind would believe, that broker will be trying to scam 100-200 dollars out of the client or any other amount of money and risk their reputation because of that.
AAFX excution is fine, I like how they process the withdrawals on time I have not encountered any problems doing that and the swap fees are quite low I comfortably hold my positions overnight, their spread is relatively cheap and affordable but ofcouse not the cheapest. It would be realy better if the broker considerd increasing other methods of payment such as paypal.In my opinion AAFX is one of the competent brokers to trade with.
I absolutely agree with you!
This is the first broker that withdraw money within 30 minutes. There were cases when a broker withdrew money for 8 hours, but this is equally faster than other brokers. I find it difficult to find a better broker now than AAFX trading
My choice is AAFX
AAFX support claims there are no swap fees at all. I’m kinds lost now, cause you say there are some swap fees, but they are low. I’d appreciate if you could check once again and let me know if AAFX website lies about zero swap or not.
Yes, I heard about that story with the Hong Kong regulator, but I don’t really care about it. Further back, I created an account with AAFX Trading broker, and now I’ve already got some pleasant experience. The trading is fine, I’ve made already several withdrawals – so what’s the point if one of the regulators refused to recognize this broker? Many brokers just jump between regulators, but this doesn’t change a thing. What really matters is that the broker withdraws funds and the platform isn’t buggy. 🙂
I also don’t think that this is very important how many regulators broker has and what kind of companies these are. Perhaps I’m an eternal optimist but I think that those times are already in the past, when a good broker can just rapidly become a scammer and betray its clients. Anyway, companies-shifters are left behind in the past 20 years ago.
From the other side, if the company was created with the purpose to cheat on clients, then none of the regulators will prevent it from doing so. When people commit such crimes, then the regulators’ rules are nothing for them. It’s good, that AAFX operates on the market for too long to worry about it. When the company works honestly for so many years, it is more important than all kind of licenses…
I agree. All these licenses, agreements and so on can be purchased or downloaded from somewhere. But it’s absolutely no guarantee that you and your money will be perfectly safe. Actually, a good broker is time-tested. And the aafx handled it perfectly, I know a lot of people who have been trading here for a long time and do not want to change their broker. I belong to this category myself, and I think that I was very lucky to be here among my like-minded people and work exactly as I want.
I like the marketing way
AAFX has good marketing and PR deparments, that is clear and all of us can see how company is building its media presence, but I like not marketing, but the fact that it’s supported with a real things. AAFX isn’t promising something unreal, brokerage just comes and promise “We will let you access for a trading market, where you can earn with your skills. We will take tight spreads and we will provide you with fast withdrawals”. And all of their promises are true, so when I trade with AAFX I catch up a thought that company is fair with me and that’s why I respect it.
You’re right, sometimes companies in pursuit of good advertising begin to promise something that is not there or offer just fabulous conditions for trading, but in reality everything turns out to be different. There’s nothing superfluous here. And at the same time, everything that this broker offers can really be applied in practice and nothing to think about. This is a big plus and I also believe that this broker can be considered a worthy partner in our business.
I’m glad to find no false promises at AAFX site – broker promising everyone to get rich overnight is a definite NO. As long as they promise only something they can keep control of – I’m OK with AAFX promotions. And yes, media presence of the company is something rather interesting. Looking for more information on AAFX Trading I’ve seen a few interviews with company’s CEO, some interesting articles on the markets sponsored by the broker – that’s what i call a good marketing. So I agree.
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. Does AAFX cope with this? Absolutely, yes. All the rest are additional services, they can suit you or not, but this is another question.
It seems to me that the main problem is over-expectations.
Many traders believe that if a broker has a good reputation, they just have to make a profit, but a lot depends on us…