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AAFX Trading Review ️ Pros and Cons Revealed

August 11, 2020

I like how easy it is to participate in these referral programs. I’ve recommended AAFX to some of my friends and they registered. Afterwards I found python distributed computing library out that I can actually get some $$ from AAFx for my referrals. All I had to do is send the list of e-mail addresses that were my recommendations.

Who is the best forex teacher on YouTube?

  • No Nonsense Forex. 278K subscribers. Trading Forex For Beginners – The No Nonsense Forex Way. Info. Shopping.
  • Rayner Teo. 1.58M subscribers. The Ultimate Candlestick Patterns Trading Course (For Beginners) Info. Shopping.
  • Trading 212. 873K subscribers. The Stochastic Oscillator Explained. Info.

Urgent issues can also be addressed through Skype. There is also a live chat facility available through the website’s home page for the convenience of the customer. Discover a broker you can trust by reading our in-depth and honest reviews, created by industry experts.

In which countries does this broker work?

And I used it safely, trading gold with AAFX trading broker. AFX Trading provides its clients with the well-known and popular award-winning MT4 as a trading platform. AAFX Trading is a atfx review global forex broker company that is based in Australia. This is a no-dealing-desk broker founded in 2010. AAFX Trading is one of the world’s fastest-growing Forex and CFD providers.

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Well, I thought that bonus requirement would be hard to fullfill, but no, for me it took just 1.5 months of active trading and I got my money + bonus. Seems good, even so good to be true, but it really works. Well, I think that’s not so significant costs for AAFX, especially cuz traders are investing money back, as well as I did. MetaTrader 4 is the trading platform that AAFX Trading offers to its clients. In addition to PC desktop version, MetaTrader 4 for MAC, MetaTrader Web and MetaTrader Mobile are also provided by request. AAFX Trading doesnt only provides the trading platform but also offers informative tutorials for the novice traders who have not used MetaTrader 4 before.

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These are the types of rallies that smart traders take advantage of. Beginners can try to trade in the quieter, but, unfortunately, overnight period from 1 a.m. To 9 a.m., and it is advisable not to use pairs with the participation of the Japanese Yen.

aafx trading review

Those two go hand in hand a not so ethical broker will decrease leverage forcing their client into a margin call and clear out their biggest positions. They do this when they are investing or betting against their clients. I have never once seen an issue ever with this. Aafx can safely be called the company which has won a certain position in the market, received the constant clients and quietly develops in conformity with market tendencies. Broker’s been on the market for over 5 years and has positive feedback from many traders.

A new trend that is picking up momentum is trading in cryptocurrencies. AFX Trading offers its clients a variety of bonuses, promotions, and rewards. CFD trades on different markets have no commission but do wrap a spread around the market price of a certain instrument. A margin means that it is the amount of money essential in your account in order to open a place.

I moved to AAFX Trading Service use: LiveLength of use: 3

At first, I could not choose a trading platform. Opinions were divided, someone said that MT4 is the most popular trading software and I don’t need anything else. Other traders recommended MT5 to me because there are more opportunities for analysis.

When the price stands in one place, speculative operations in the forex market are meaningless. Sometime before the opening of the European session the currency rate is set, so the morning hours may interest traders. The period when trading is carried out at two trading floors simultaneously. This is the time of high volumes and intensive market movements. In our case, the Asian and European or European and American sessions intersect.

Capital Ratio120%

In my opinion, it is an excellent solution for traders to trade actively and profitably. 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? 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.

Current global market trends can also be analyzed on the MT4 trading platform which gives inbuilt research tools. A bonus is a way to reward traders for deciding to choose a certain broker since once the account is opened, the trader will have the same expenses as any other. The bonus is just a reward for the trader’s choice that gives some of these expenses back to the trader, once proving himself as an active trader. Each broker charges its own costs which entail commissions, spreads, and margins.

Yes, AAFX provides free training for all its clients, regardless of the type of account. 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. 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.

75-90% of retail investors lose money trading these products. I also like the fact that the broker supports mt4. I feel that I am not the only person in the world who thinks that mt4 is one of the most functional and convenient trading platforms which exist nowadays. I got used to using this platform and I don’t look forward to changing my trading habits at the moment. The good thing about the educational series is that it is offered to everyone and clients do not have to necessarily make a deposit to unlock the content.

I like this brokerage service, and I will continue trading with it. 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. 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. Well, as far as I know, it’s possible to withdraw funds to a card, an e-wallet or make a bank transfer.

Is AAFX a ECN broker?

AAFX (AAFX Trading) is an STP and ECN broker, which was founded in 2014. The broker is headquartered in Hong Kong and has offices in Australia and in Saint Vincent and the Grenadines.

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.

Best Liquidity Providers Lowest Spreads Starting From 0 Pips

As you know, today all brokers charge fees for tight spreads on their ECN accounts. At first, I was happy about that but then I discovered one intricacy. 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. However, I think it’s no problem to adapt to this restriction and scalp profitably with this broker.

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In general, the broker is good for those who trade intraday and over longer horizons. 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.

Do you like AAFX Trading features and traits? Share your answers below

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.

I received all the money that I took out for these 5 years. I have never (!) expected money for more than a day. AAFX Trading is not a secure Forex tradeallcrypto broker since it does not hold a license from any worldwide serious Forex authority. I would like to note its commission-free and swap-free nature.

So, if you take your chances, you’ll get good profits from trading. I chose this broker even despite the fact that it doesn’t have any huge regulations, just small ones. Regulations, indubitably, are significant things, but reliability of a broker in my opinion might be checked by other things. For example, customer support or depositing and withdrawing money processes. They really help traders to understand whether this broker deserves to be trusted or not. To my mind, there are many other ways how to check a broker, but I know only these ones.

Open Forex Trading Accounts

They have refused to talk about it or respond to my messages ever since. These thieves had the gall to want to re-victimize me by requesting that I pay back negative balances incurred on my accounts as a result of their illegal tampering. It was gut wrenching and I hope somebody holds them accountable somehow, someday.

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. But there is one more thing that many people miss. This is why offshore registration is considered a drawback. This is a country or territory with special business conditions for foreign companies, usually with lower taxes and fees.

Posted in Forex Education by LEAP