AAFX Trading reviews of pros and cons Forex Brokers BabyPips com Forum

AAFX Trading reviews of pros and cons Forex Brokers BabyPips com Forum

This broker is one of the competent brokers to trade with. AAFX offers swap-free versions of all three account types. The swap-free accounts are also known as Islamic accounts. In order to abide by the religious law of Islam, the accounts do not charge traders with interests when keeping positions open overnight. When traders open accounts, they automatically get swap-free accounts since the broker doesn’t have swaps. They don’t charge commissions, and swap fees are absent, making them an attractive option for traders who want to keep their costs low.

Timeframe

As explained above, AAFX Trading provides a fully functional demo account. Traders need to make a deposit to trade on a demo account. This means that beginners can refuse if they do not like the demo experience. The AAFX Trading demo account simulates real market conditions and, therefore, gives practical experience of what to expect in real trading. Nevertheless, it is worth noting that the results obtained in demo trading should not be taken as evidence that you can earn in real trading. Such feelings should beware, because, the main part of success lies in the psychology of the trader.

• The choice of account depends on the trader’s experience and risk tolerance.
• I thought that the claim on the official website that AAFX doesn’t have commissions and swaps was just a marketing thing.
• AAFX has numoures bonuses such as 35% welcome bonus, redeposit bonus, and iPhone/iPad promotion.
• Taking into account all the features and services that the broker has, we can say that there are both advantages and disadvantages.
• You need to be able to fully trust your broker before depositing your hard-earned cash into a trading account on their platform.
• The broker is reliable, have been trading here long enough, no catch.

The broker’s customer support is available via two local phone numbers in Hong Kong and Australia, or via live chat on the website. According to information on the broker’s website, support is open 24 hours a day on all trading days. AAFX provides access to the full set of MetaTrader platforms. The biggest weakness of the MetaTrader platforms is that they look a bit dated. MetaTrader 4 (MT4) was released in 2005 and MetaTrader 5 (MT5) was released in 2010.

There are no deposit fees, withdrawal fees, or inactivity fees, which is always a good start. One thing that is good with this broker is that it offers both fixed-spread and floating-spread accounts, with trading fees depending on the account type you pick. Trading fees on EUR/USD start from 0.4 pips when using the VIP account, but this takes a large chunk of cash to open the account. For ECN account users, spreads start from 0.6 pips and average around 0.8 pips on EUR/USD. Moreover, AAFX Trading offers excellent customer support services, which include an extensive knowledge base, live chat, email support, and phone support. AAFX Trading is an excellent choice for traders looking for a reliable, customer-oriented broker with a track record of excellence in the forex industry.

AAFX Trading provides research tools such as annual calendars with current economic events and news reports on their website. Current global market trends can also be analyzed on the MT4 trading platform which gives inbuilt research tools. This regulator is not as known globally as other regulators but has all the measures to safeguard users’ deposits. To attract new business from traders, Forex brokers normally lure them with eye-catching deposit bonuses.

AAFX Copy Trading & Investment Options

AAFX Trading has established itself as a reliable and reputable forex broker in the industry. It is unusual since all cryptos at every forex broker, go with the commission. And considering the price of Bitcoin this commission is quite a burden I must say/But AAFX offers not only commissionfree crypto trading but also rather high leverage. So fear not, you won’t have a shortage of instruments for trading. AAFX Trading offers many tradable instruments in the Forex, CFD and commodity markets. Forex offers include more than 60 currency pairs, consisting of all major directions and several exotic ones.

AAFX TRADING Review

They ensure this through several measures such as segregating client funds from the company’s own funds preventing misuse under any circumstances. They also feature an automated risk management system on their platforms to prevent account balances from going negative during trading. Additionally, all account funding options feature SSL Security ensuring secure transmission of sensitive information. Despite their lack of wider geographical regulatory compliance, these security measures indicate a commitment to customer fund safety and transactional security. With due respect, we have thoroughly reviewed your account, and we can confirm that all your withdrawals were successfully processed, and none were declined due to dishonesty. Please understand that this is not an error on our part, and such situations do not justify labeling our company as a scam.

But more importantly there is a minimum slippage percentage. It is crucial when you make tons of trades in a short period of time like me. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.

Safest Forex Brokers 2025

Some of the lessons that are available without registration include an introduction to forex trading, trading terminologies, and fundamental trading strategies. AAFX Trading does not charge any fees for deposits and withdrawals made through credit and debit cards and electronic wallets. There are also no fees for deposits and withdrawals of over $10,000 made through Wire Transfer.

Generally speaking, AAFX Trading account types are just designed to extract more money from you. They will offer you better conditions in exchange for a higher deposit. AAFX Trading offers the MT4 as its trading platform coupled with a variety of third party trading tools. We find AAFX not to be the best option for those looking for social trading. This is because it does not provide enough resources for this purpose. AAFX aafx trading review Trading offers a feedback option to allow traders to submit their compliments or complaints.

I’m trading with this broker only because of the swap-free accounts. I like to open long term deals and it is not profitable with swaps. With AAFX Trading you can open an account without swaps and as a result, you can keep the deal opened as long as you want, it will not entail any additional spending.

How much is the min deposit?

• For the comparison, we picked the ECN account which offers spreads from 0.6 pips.
• In addition, if you decide to open a live trading account with AAFX, you will find a useful step-by-step guide.
• From the reviews we have seen, this broker appears to pay great attention to customer feedback.
• I appreciate brokers who are not charging additional trading fees, aside from spreads and AAFX is excellent in this regard.
• Big leverage can of course be jeopardy, meaning that it can potentially bring substantial losses, but I hope you are wise traders and know how to deal with leverages.
• There are 64 available stocks as CFDs for trading with AAFX.

They also have an excellent customer support team, which is available 24/5 to assist clients with any queries they may have. AAFX Trading has a rating of 4.8/5 on TrustPilot after 50 reviews and 3.5/5 on Forex Peace Army after 66 reviews. Most of the reviewers are happy with this broker’s easy to use platforms, customer service, spreads, educational resources and withdrawals. Even so, there are several complaints about its tedious verification process.