Aaafx Review & Ratings

The last two documents are an unusual request among forex brokers, especially for account opening. Overall, since trading involves significant risks we hardly advise to all traders notwithstanding their expertise level, we do advise to select broker carefully from the list of the regulated brokers.

ZuluTrade’s proprietary platform, providing a fully-fledged web-based Trading Station for Forex and CFDs manual trading. Bonuses and promotions have been prohibited under European Union regulations, so are neither offered nor available to clients. Swap-free Islamic accounts, and demo accounts, are also available, as is typically the case with Forex/CFD brokerages. The minimum deposits are $300, €250, ¥35,000, £200, Fr250, and 370 AUD.

AAAFx Forex Broker Review

They have awesome affiliate programs, Referral and Signal Provider, which pays $4 per standard lot you help trade. For talented programmers, they have this Zulu scipting feature, where the market is largely untapped yet.

Best Forex Api Brokers

It has to be kept in mind by the trader that a lot of things can happen over the trading platform and if it is not the latest, developed on low-level languages, then some problems can happen over time. Lagging, sudden freezes are two of the most common complaints the brokers receive on their customer support if they actually have one. You should consider whether you can afford to take the high risk of different types of brokers losing your money. MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world. 74% of retail investor accounts lose money when trading CFDs with this provider.

AAAFx Forex Broker Review

A) It’s not possible to get cashback or rebate on existing accounts. You need to open new account (different E-mail address) through our IB link. Customer service is available via email, live chat and phone. Broker’s website is available in English, French, German, Spanish, Italian, Russian, Chinese, Hebrew, Arabic and Greek. Islamic accounts (swap-free) are available to all citizens of Islamic countries. Finally with its native mobile applications for iOS, Android, and Windows you can auto-trade from anywhere, anytime and also enjoy support in multiple languages.

FXreviewsaccords traders and investors with some of the best hand picked brokers that can harvest their needs for booking profits in the world of financial market. The educational material and courses are distinctly lacking compared to other advanced financial services providers who offer a wide range of material. It includes a tutorial, webinars, articles, videos on demand.

Trading Conditions

The minimum for credit cards and e-payment methods is set at $300, and for bank wires, it is $2 000. This type of account is recommended for both novice or advanced users and provides an easy and simple way to trade without specific experience required. Forex broker services can also be provided for institutional clients and large companies such as investment banks. In our view, this is refreshing, as they are focusing on offering a brokerage service instead of using the common tactic of offering low-quality education to suck in new clients with high transaction costs. A reasonably wide range of assets are offered for trading, especially within the Forex universe, although this is still a relatively narrower offering than what is typically offered by most Forex/CFD brokerages.

Aaafx is an online broker that offers the trading of forex, CFDs and cryptocurrencies using their trading platforms. Aaafx was established in 2008 in Athens, Greece, which is where the company’s head office is located.

AAAFx Forex Broker Review

AAAFx is an online Forex and CFD ECN brokerage launched in 2008. They are headquartered and regulated in Greece, being one of only two Forex/CFD brokers who are truly Greek. As they are regulated in Greece by the Hellenic Capital Market Commission, they are also fully regulated in all European Union member states. Since I have accepted their explanation and received all my money, it is appropriate for me to amend my previous negative review on their service. I would, therefore like to retract my previous warning on AAAfx and amend the rating of their service to a 3 Star .

An account inactivity fee is a fee charged to the registered brokerage client. A Tier 1 bank is considered the safest and most secure regarding client capital.

Benefits Of Trading With Aaafx

Autochartist offers a simple user interface that can be customized to suite how you like to trade. You can start using the MetaTrader 4 platform with AAAFX in multiple formats including through an online web platform, Through a downloadable application for Windows PC’s and Apple Macintosh computers. AAAFX MetaTrader 4 is compatible with the latest macOS Mojave. AAAFX allows traders to trade on mobile devices through Android and IOS devices like the iPhone. Once you have logged into your AAAFX account you will see the below trading platform options available to you. If you are looking for Forex brokers to trade currency pairs on global Forex markets AAAFX offer over 15 currency pairs. Be aware that Different entities under AAAFX Brand offer different trading instruments due to regulatory restrictions.

  • Commissions are fixed and comprise another 0.8 pips on EUR/USD.
  • A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.
  • Trading spot currencies involves substantial risk and there is always the potential for loss.
  • They integrate with brokers to provide their platforms which can be used for copying the trades of successful expert traders across different brokers.
  • Spoke to their support and they say they split the funds into two transactions, which is rather odd.
  • Just like most brokers, forex traders on Aaafx pay a spread.

The only two words that were somewhere related to accounts were a live and a demo. The broker’s minimum deposit is as high as $300 with additional commission charges that vary with account types. Financial market trading is incomplete https://forex-trend.net/ without the intervention of a financial service provider. The broker is a central body which provides you with basic amenities required to pursue trading. AAAFx was established in 2008 with its headquarters in Athens, Greece.

AAAFx offers multiple tradable instruments and excellent social and automated trading services. However, the fees charged are fairly high, particularly the $25 AAAFx Forex Broker Review withdrawal fee. As such, we recommend caution when considering opening an account with AAAFx, and if in doubt, consider alternatives covered on this website.

What Are Tier 1 Banks And Why Should Aaafx Use Them?

The company claims that within the last five years, they have opened thousands of live accounts from 176 forex broker types countries all over the world. Forex trading can involve the risk of loss beyond your initial deposit.

AAAFx Forex Broker Review

As with currency exchange markets, commodity markets offer trading in contract-based tradable goods. Forex trading, or currency or FX trading, involves the currency exchange market where individuals, companies, and financial institutions exchange currencies for one another at floating rates.

Aaafx Supported Languages

For a complete spreads table refer to the broker’s official website. ZuluTrade is the largest network of talented Forex and Crypto Traders from 192 countries that you can simply choose to follow and automatically set your account to copy their trading signals. The AAAFx MetaTrader 4™ provides you with the most essential tools and resources needed to analyze the Market and improve your Forex and CFDs manual trading performance. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.

You are able to check every AAAFX supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with AAAFX.

On top of that, the deposits via credit and debit cards above $1,000 require another set of documents including copy of the card itself and recent card statements. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.CookieDurationDescriptioncookielawinfo-checkbox-analytics11 what types of brokers are there monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category “Necessary”.cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website.

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