Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, aaafx broker 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. The broker does not accept clients that are residents of the United States of America (USA), United Kingdom, Afghanistan, Japan, Iraq, New Zealand, Cuba, Iran, North Korea, Sudan, and Syria. Please note that the above list of countries is subject to change according to regional and international regulations, and as a result is not exhaustive. You can get the latest up to date list directly from the brokers website. All new clients are made to provide verification documents in order to ascertain their identity.
Mobile 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.
Trade AAAFX MetaTrader 4 on iOS Devices
Global traders aren’t subjected to the same restrictions but they should still be cautious. Leverage gives you larger exposure to the market even with a small deposit for a trade. However, ignoring risk management rules could wipe out your capital.
You must be diligent and thorough in your AAAFX review selection process to safeguard your hard-earned money. It’s crucial to do your due diligence and research the reputation, track record and trust worthyness of AAAFX. You must also ensure the AAAFX broker’s profile, trading tools, fees and regulation aligns with your needs and goals. They don’t offer Peer-to-Peer trading and they don’t offer spot trading. However, they have negative balance protection which is quite important nowadays.
- With ultra-fast execution speeds from 10 milliseconds, short-term traders can also secure optimal prices in fast-moving markets.
- In order to close a short position on AAAFX, it is necessary to buy back financial instruments.
- Webinars are a great way for traders to interact with instructors and ask questions on complex topics.
- So, in conclusion, AAAFx is generally a low risk trading platform.
- To be honest, the platforms have plenty of indicators for analysing the markets and managing trades.
VPS provides endless operation of the trading platform and makes it more suitable if you use trading robots or trading signals. AAAFX ECNplus account is the best for me because it literally has no costs attached to it. Spreads are raw and there are no commissions on deposits and withdrawals. Choosing this broker was a no-brainer for me, their leverage strikes the right balance, aligning well with responsible trading practices.
- Between 74-89% of retail investor accounts lose money when trading CFDs.
- If you choose to invest in this platform, you will have the opportunity to search for signal providers who are ranked based on their performance statistics.
- In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitability by placing well-planned trades.
- AAAFX offers various funding payment methods listed in your AAAFX dashboard if available in your region.
- A comprehensive Frequently Asked Questions (FAQs) is provided with over 100 questions and their detailed answers available.
- Financial regulation and licensing are crucial for creating a secure trading environment for AAAFX traders.
The conclusion of our AAAFx Review
Trading accounts can be funded through all the regular means such as bank wire transfers, credit & debit cards like Visa, MasterCard, and UnionPay, as well as Skrill and Neteller. Fortunately for all cryptocurrency holders out there, AAAFx now also accepts Bitcoin as a funding method for trading accounts, both for EU and non-EU users. AAAFx customer service offers help to its customers in English, and their customer service is reliable and always willing to help. I would’ve liked to see them available on weekends as well like other brokers such as FBS. The team can be reached through email, instant web chat and various phone lines from different countries.
Please bear in mind that these resources provided by AAAFX do not guarantee any results when trading. When we checked on the AAAFX website, these educational resources were not available in every language. Also some financial instruments mentioned in any AAAFX educational resources may not be available in your region. The next step involves submitting identification documents for AAAFX account validation and making a deposit. Once completed, AAAFX users can download the trading platform of their choice.
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Compared to other forex & CFD brokers, AAAFx does not offer the largest selection of trading assets, although certainly enough to satisfy the needs of most traders. It’s also worth noting that the selection of instruments has grown in recent years, for instance through adding more stock CFDs. ECN Zero Account with a minimum deposit of $50,000 offers trading with low spreads starting from 0.0 pips and with no additional commission charged ($0 per $100k). I like that they operate as an ECN broker using the Non-Dealing Desk (NDD) brokerage model. This means that your trades go straight through to the market without any broker interference.
Customer Support
AAAFX charting tools such as trendlines, channels, moving averages, and momentum indicators are utilised frequently on AAAFX. A AAAFX investor is said to have market exposure when they have an open position on AAAFX. The only way to completely remove the risk is to close all AAAFX open positions. In order to close a short position on AAAFX, it is necessary to buy back financial instruments. Selling long positions is required in order to close out AAAFX long positions. It’s possible to fill an AAAFX open position in as little as a few minutes or as much as a few years, depending on the approach and the goal when trading on the AAAFX platform.
I like that AAAFX lets me withdraw funds even when I have active trades as long as there’s enough free margin. The trade conditions have remained consistent, featuring raw spreads and fast execution. One thing to note, however, is that EU-based users trading with the Greece-registered entity do not have access to ZuluTrade.
Withdrawals can be made through the same methods used for deposits. However, it’s important to note that AAAFX may charge withdrawal fees depending on the method and the amount withdrawn. Bank transfers tend to have longer processing times, while e-wallets generally offer faster withdrawals. I have been a customer of theirs for over 6 months and haven’t had any issues with withdrawals or deposits yet. It’s true that they do not charge commissions on withdraws and deposits, but it’s also true that transactions are always subject to the credit card processing fee.