Traders can download this platform directly from the AAFX Trading website and follow the provided installation guide. Mobile versions are available in the Google Play Store and App Store for free. With MT4, you don’t have to worry about your device’s memory or speed as the apps are lightweight and don’t require a lot of space or computing resources.
- So my friend was still upset, but at least not in debt.
- It seems to me that it is very important to use the right categories and work more on yourself.
- So far I have made some profitable trades.Only issue I feel is that they have limited methods to make deposits and withdrawals.
- However, the multitude of other features provided by AAFXTrading compensates for this drawback.
In general, it is quite comfortable to work with AAFX, the brokerage provides quite favorable trading conditions. I have been trading with it for almost a year, no serious problems have occurred neither in work nor with withdrawal for all this time. This company was no exception and here appeared on MT5, which includes more advanced technical tools. The trade is going fine, and then there are no troubles with withdrawal – that’s already a lot, isn’t it? On the other hand, the spreads could be more favourable, plus the assets are still too few. If you prefer scalping in EUR/USD currency pair and that’s pretty much all you need, then AAFX is a good match.
Their trading conditions well balanced
Both the Fixed and ECN accounts are commission-free but have different spread offerings. While the Fixed account has fixed spreads starting from two pips, the ECN account provides variable spreads starting at 0.2 pips. Meanwhile, AAFX’s VIP account claims to offer clients with starting balances of $20,000 access to commission-free and swap-free trading. You can enjoy raw ECN spreads and lightning-fast trade execution at very low cost. Low commission charges and low swap charges combined with the brokers advanced technology to make your trading experience as smooth as possible. They also do not impose any restriction on any trading strategy either.
It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform. When compared to other brokers, AAFX Trading customer service ranks among the best. Unlike most brokers, this broker customer service is highly responsive and multilingual.
The margin requirement for gold (XAU/USD) trading at AAAFX is super affordable, which I think is great. To give you an idea, it’s just 2% of the current gold price. So, for instance, if gold is priced at $1,800 per ounce, I’d only need $36 as margin to trade one whole ounce of gold. This is way lower than what many other brokers ask for.Plus, the pip value for XAU/USD is $0.01, which helps me manage risk better and seize opportunities in the gold market. I find this affordability and low margin requirement at AAAFX very helpful for my gold trading.
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. 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.
Markets
As mentioned earlier, the typical spread for the EUR/USD pair with this broker is 0.6 pips. This broker does not charge any commission for all its three types of accounts. AAFX offers a first-time deposit bonus of up to 50% to entice new traders to sign up. This broker is perfect for both beginner and experienced traders, given that it provides well-structured and comprehensive educational materials covering all levels of trading.
There are, however, execution-only brokers, they do not get involved with any direct personal investment guidance. These brokers charge much fewer commissions but the traders have to take complete control over how they trade the markets. The commissions are the costs levied by the broker on a client for making trades on the client’s behalf. The level of commissions will differ between various brokers and it will also depend on the different kinds of services, accounts, and trades done by the brokers. Their valuation is also connected to other markets such as currencies and commodities. Indices follow the performance of a basket of grouped stocks.
AAFX fees compared to XM fees
AAFX Trading is a relatively recently founded company, however it boasts a strong industry reputation. SVG FSA is not one aafx trading review of my favorite financial regulators. On the other hand, the Broker gets my sympathy due to its pro-customer approach.
From stat-arb and trend-following CTA to fixed-income relative value. Firm’s he has worked at include big banks like Citi, and prominent hedge funds including D. AAFX Trading is a brokerage company offering trading services for clients
since
2004 with
offices in
St. Vincent & Grenadines.
I did a bitcoin purchase and was told…
Withdrawals, on the other hand, may take up to 2 business days. Traders must fill a withdrawal request for their funds to be processed. You can easily set up a demo account with AAFX by downloading the MT4 and adding the broker through the manage accounts button. The whole setup process should not take you more than five minutes. Unlike most brokers, AAFX Trading does not require a deposit to grant access to the demo trader. However, you need to deposit to access in-depth educational materials and a dedicated account manager.
Therefore, this isn’t really an issue from my perspective. The MT4 platform is a very popular choice that has become a standard for many brokers. It gives you the opportunity to trade manually or automatically using Expert Advisors (EAs).
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. AAFX Trading offers the MT4 as its trading platform coupled with a variety of third party trading tools.
I would have worked on it a little if I were a brokerage. AAFX ensures a convenient hassle-free trading process and a possibility to withdraw earnings each time I need this. That’s what makes me trust this company and want to continue working with it. There is a lot of things that I want to praise AAFX for. However I will mention high leverage and the absence of commissions as the main ones. AAFX is a legally registered forex broker located in Mwali, regulated by the Mwali International Services Authority (MISA).
AAFX fees compared to Interactive Brokers fees
3) AAFX rewards either existing or new clients the opportunity to get a free smartphone conditional on the amount deposited and lots traded. Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for.
AAAFx provides the desktop version of the MT4 platform which is downloadable on computers and the mobile versions available as Android and iOS apps. There is also the web version of the platform which can run directly in your browser without needing to download or install any software. I like to use the desktop platform for running my automated systems and conducting complex chart analysis. The mobile app is ideal for checking and managing my positions when I am not at my computer. It can be a great way to see what is happening around the markets whenever you feel like it.