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

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. From time to time, I manage to grab a couple of hundred bucks. I like AAFX Trading because of extremely high leverage.

I think what attracts most clients here is having two adequate trading platforms and access to a lot of leverage, because that can be helpful in their work. 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. AAFX Trading is an investment company specializing in stocks, commodities, CFDs, and currency trading through its incorporated and registered office in St. Vincent and the Grenadines .

Yes, whether withdraw the money or not is also a very important moment for me (what is the point to trade with someone, who doesn’t make withdrawals at all?). The second point I consider when I evaluate the broker – this is the platform performance. Generally, if everything is ok with these two metrics, this means that you can normally trade and the broker will withdraw your profit.

  • I prefer to analyze the chart myself first and then check myself with a detailed technical analysis from AAFX.
  • Indeed, there are bonuses, several trading platforms, many trading instruments, account types and so on.
  • In general, AAFX is a good broker, with good conditions for both long-term trader and scalpers.
  • I thought for a long time but still made this decision.

Otherwise, you are highly likely to lose your budget and be left with nothing in the pockets. Of course, it is a bit funny that for absolutely every brokerage company you can find similar articles that prohibit trading or urge traders not to cooperate with a broker. Any company has positive and negative reviews. But I can say for sure that everything should be checked in practice, because the feedback is written by both upset by the loss of clients, competitors, etc. 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.

AAFX Trading Details

Investing in contract-based tradable goods is a dependable way to alleviate risk during times of inflation or economic uncertainty. To attract new business from traders, Forex brokers normally lure them with eye-catching deposit bonuses. For new investors, this can be very handy, but one has to know what to determine is a decent bonus. There are, however, execution-only brokers, they do not get involved with any direct personal investment guidance.

aafx trading reviews

Exactly, I don’t know why so many people believe that SEC is something good? Yes, the US is superpower with developed economy. It’s simply impossible for broker to provide good service and low spreads, when it’s obliged to pay 40% taxes and pay the license.

In order to withdraw a certain amount of the bonus, you need to trade a certain volume. As you know, there is a leverage here that helps to trade large volumes so that it is not difficult to fulfill the requirements. That’s why it’s very important to turn such a great opportunity offered by AAFX Trading into a tool of profit and not a tool of loss. As of now I have decided to focus on currencies only.

However, I think it’s no problem to adapt to this restriction and scalp profitably with this broker. I see that many people have already signed off on the fact that the American or European license is much more expensive and it isn’t profitable for the broker. A consumer is looking for an opportunity to maximize his profit, and a businessman is looking for its own.

I chose a broker by the number of assets and spread size. Both items in the AAFX Trading are good enough for me. There are more than 1,000 assets, including stocks, currencies, commodities, etc. 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.

At first i was surprised to see many bad reviews about this company. I also did submit withdraw once of about $6000 and they processed same day. I’ve also been practicing for quite a while before I started working with real money and I don’t regret anything. I am sure that if I had hurried up or stayed with nothing, or just lost interest in this area and would never have been satisfied with even starting. I can’t say that everything at once started to turn out one hundred percent, of course the real market and money are very different emotions. But I can’t exactly call myself disappointed.

Trade on webTrader Now!

Variable spreads are of course always changing and are therefore subject to change. Although the contract for differences trading is a method of offshoot trading that allows traders to gamble on the rising or falling prices of fast-moving global financial markets. This type of trading of shares does incur commission. CFD trades on different markets have no commission but do wrap a spread around the market price of a certain instrument. I was just google it about my forex broker “aafxtrading” And the second website on google takes me to here.

aafx trading reviews

For example, the regulatory body of Hong Kong SFC listed this broker as unregulated and fraudulent. They stated that the company does not have an office in their region and is scamming people from Asia. This broker did not score well during our testing process and is not recommended by our experts. We strongly suggest choosing a broker that has gained a high score through excelling in all departments instead. To learn more about how we test and recommend brokers, read our methodology.

Can I trust AAFX Trading?

In the beginning I made a mistake and I opened a real account right away, even for a small amount. I did not focus on my education or on gaining theoretical and practical knowledge. There are basics of technical and fundamental analysis, information on trend reversal and continuation figures, basic indicators, a lesson on cryptocurrencies. I was in search because I wanted to start trading stocks on the stock exchange, but I realized that now it is difficult for me, so I decided to start trading here.

aafx trading reviews

On the one hand, today we have access to a huge selection of tools and services. Let’s take this company as an example – two modern trading terminals, ready-made analytics, two types of spreads , a wide range of leverage – and this is all good. I was going to write a long time ago, but I couldn’t find all the time. Still, it’s important, especially since many of us really focus on feedback in order to find something suitable for us. So, if we talk about AAFX, I think that many people will be satisfied with the fact that there are a lot of tools that can be used for various strategies.

Open real account or open demo account with AAFX Trading

They do not have regulations for many regions, which is why there are many warnings against them. An offshore regulation does not allow them to operate on the soil of any country if they do not comply with the regulations of the country. Seems that this company does not pay much attention to it, however.

Perhaps I’m an eternal optimist but I think that those times are already in the past, when a good broker can just rapidly become a scammer and betray its clients. Anyway, companies-shifters are left behind in the past 20 years ago. 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. And yes, media presence of the company is something rather interesting.

I joined aafx trading two months ago following the recommendation of my friend; he is trading here for a while. I’m a scalper, and he recommended this broker to me because the conditions for scalping are really nice here. I don’t know any other broker, which could offer convenient scalping options on ecn – but here you can, and it is really profitable. One important rule is not to trade at the moment of the coming out of some important news, if your strategy is not nailed for it, and spreads will be tight. And an additional bonus – shortly I will complete all the requirements of the welcome bonus, this is more than 1000$ from 3000$, which I placed as my first deposit.

At least I’m trading 2 months and I faced no problems. FIXED – fixed spreads – if you have certain difficulties with calculations – from 2 pips. To trade in plus you need capital, knowledge and a broker that does not create problems. There are no surprises or stressful moments, everything works at the level, money goes, it’s a real business, not a survival game.


อีเมลของคุณจะไม่แสดงให้คนอื่นเห็น ช่องข้อมูลจำเป็นถูกทำเครื่องหมาย *