Triangle Support Services Group

Is AAFX trading a scam? Can I trust this broker?

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. Maybe the internet just dropped out, I don’t know. 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 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.

  • A client reported that he wanted to withdraw his funds, approximately €67,000.
  • I have been working with AAFX for over 6 years, so I have accumulated enough experience.
  • The clients are clearly appreciated and they are not offended.
  • And I think it’s very good at both earning and withdrawing money.

Normally the country of residence of the broker would provide the regulatory authorities under which they would fall. By submitting your review you agree to the REVIEWS.io terms & conditions. Personally, I don’t see any hurdles which can prevent you from trading cryptos using this broker. I have absolutely no problems trading cryptocurrency, so I think that you will have neither. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.

They are predictable because they are always intact. It’s probably too early for me to draw conclusions, but on a demo account I liked the Metatrader 5 trading platform. I realized that this is a very functional software with many features and I think it will be easier to trade with it. Aafx spreads are really low and there are no commissions. I find it awesome that I don’t need to share all of my profits with the broker, I can save them to myself and reinvest or withdraw. However, this ECN account is not a miracle to be honest.

AAFX Trading vs 4XCUBE vs Binarycent – A Comparison

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. 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.

aafxtrading review

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. 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. 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.

even though only software from MT is available, the broker is anyways good.

Offered spreads are as low as 0.6 pips, over 80 Technical Analysis objects, and many other features. After conducting some research on various social media platforms , as well as online trading forums, a general theme emerged where users were dissatisfied with their experience with AAFX Trading. Based on this user feedback, it appears that AAFX Trading is not a trustworthy broker, and hence, extreme caution should be applied before investing through their brokerage platform. It is always possible to sustain a loss of some or all of an initial investment. Prospective traders have to be assured that whoever they choose to invest with will give them the required support and assistance whenever and wherever they might need it. AAFX Trading’s customer services support team is available 24 hours a day, five days a week via phone, email, or live chat.

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. 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.

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. The spreads on the ECN account are relatively tight. But I want to note that the training in AAFX is quite simple. It doesn’t suit me, because it’s designed for beginners. So I would not say that the broker only seeks to profit from the clients and gain at their expense.

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 is 100% right, but in practice that’s not so important and that’s what I’m talking about. My experiecne proves that AAFX is good broker and that’s the most important point.

Trade with a Regulated Broker

It is not always beneficial if you use small amounts, but reliable, because they do not change regardless of the market situation. 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.

aafxtrading review

All funding methods have SSL security and the company is licensed and regulated by the FSA. Although brokers may have reasonable trading fees, many traders are caught out by the high non-trading fees charged by some brokers, including deposits and withdrawals. Traders want to be able to deposit and withdraw funds quickly and cheaply. Most brokers have multiple funding methods with zero fees for making deposits, but some brokers make it more expensive and take longer to process withdrawals. All brokers mentioned on this site offer online trading with leveraged instruments.

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. I can trade with all tools that aafx provide because service, platform and conditions is comfortable for me.

Visit AAFX Trading website

We also ensure all reviews are published without moderation. Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

aafxtrading.com Reviews

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. 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.

AAFX Trading is a 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. The company offers Foreign Exchange and CFD trading on multiple trading platforms, including the globally popular MetaTrader 4 platform. In regard to what exactly is a Forex broker, it is a firm that gives traders admittance to platforms that let them buy and sell foreign currencies. The different names for Forex brokers are retail forex brokers or currency trading brokers.

Account Types Offered by This Broker

I enjoy trading with AAFX and hope they will never make a mistake to obtain the US license. Surprisingly, but it is geting harder and harder to find an mt4 broker with good trading conditions. I have noticed the tendency among the brokers to create their own trading platforms. I don’t see anything bad here, but I got accustomed to metatrader 4 so much that I a reluctant to alter my trading habits.

It’s not allowed to hold a trade for less than 60 seconds. Even if you dare to close it earlier, your profit will be taken by the profit. Perhaps, it’s the liquidity provider’s requirement and the broker has to obey, but I have already https://broker-review.org/ adapted to this restriction and it doesn’t prevent me from scalping profitably. If a broker has a score less than 80, like this one, we won’t recommend it to you. So that we don’t waste your time, we don’t update these reviews either.

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. One of the most prevalent online trading scams is to initially display profitable trades that give the investor a false sense of confidence, and get them hooked to the idea of ‘easy money’. Once this confidence is established, the investor will be marketed the idea of investing more money to earn greater returns.

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. For me, this was a confirmation of the fact that you can work here. Therefore, I would not even pay attention to such reviews. I’d say it really is unsafe to trade with wide spreads and excessive commissions that all regulated brokerages apply.

Leave a Comment

Your email address will not be published. Required fields are marked *