Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Basic information from AAFXTrading review
About the broker
Web: | https://aafxtrading.com |
License: | SVGFSA |
Supported languages: | English |
Headquarters: | Suite 305, Griffith Corporate Centre, Beachmont, Box 1510 Kingstown, Saint Vincent And Grenadines |
Methods of contacting customer support: | |
Contact: | support@aafxtrading.com +19142335216 |
Deposit methods: | Bank transfer, VISA, MasterCard, Bitcoin, FasaPay, Neteller, Skrill, WebMoney |
Withdrawal methods: | Bank transfer, VISA, MasterCard, Bitcoin, FasaPay, Neteller, Skrill, WebMoney |
About trading with AAFXTrading
Minimum deposit: | 100 USD |
Min. trade: | 0.01 |
Maximum leverage: The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with. For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions. | 1:2000 |
Spreads: | Variable |
Underlying assets: Might be a CFD. | Forex (40), cryptocurrencies |
Mobile app: | |
MetaTrader 4: | |
Other trading platforms: | MetaTrader 5, WebTrader |
Social trading: |
Random reviews of competing CFD brokers: GKFXPrime, Trade360, FreshForex and FBS
Frequently Asked Questions
🧐 Is AAFXTrading a scam?
We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if AAFXTrading is a scam or not.
🆓 How to open a free demo account?
Opening a demo account with AAFXTrading is very simple, just register on their website.
📱 Does AAFXTrading offer the best mobile app for trading?
AAFXTrading offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.
We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the AAFXTrading mobile app.
We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.
Broker | English | Min. deposit | Spread EUR/USD* | Platforms | License | |
---|---|---|---|---|---|---|
100 USD | 1.0 pips Spread was taken 27.09.2024 at 11:12 from the web or trading platform of Etoro. | In-house built platform | FCAASICCySec | etoro.comreview EUR/USD*: 1.0 pips Spread was taken 27.09.2024 at 11:12 from the web or trading platform of Etoro. | ||
0 | 0.9 pips Spread was taken 27.09.2024 at 11:12 from the web or trading platform of XTB. | In-house built platform | FCA CySec | xtb.comreview EUR/USD*: 0.9 pips Spread was taken 27.09.2024 at 11:12 from the web or trading platform of XTB. 77% of retail investor accounts lose money when trading CFDs with this provider | ||
100 USD | 0.8 pips Spread was taken 27.09.2024 at 11:12 from the web or trading platform of Plus500. | In-house built CFD platform | FCAASICCySec | plus500.comreview EUR/USD*: 0.8 pips Spread was taken 27.09.2024 at 11:12 from the web or trading platform of Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider |
* The spread is variable for most brokers and changes depending on market volatility.
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Etoro 51% of retail investor accounts lose money when trading CFDs with this provider - advertising partner.
That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.
If you have any experience with AAFXTrading, please share it in the comments to help others to choose the suitable broker.
It’s hard to find leverage as big as this broker’s, but I’m glad I did it.
Leverage like that gives me more opportunities.
So many advantages and so little room to talk about them here. Anyway, I am going to share what are the reasons this broker stands out from the crowd and why I trade with them.
Let me start with the market range. If you are not one of those traders that focus on just a few instruments then you will be happy to explore their incredibly wide range of over 1000 instruments.
If you are a risk taker like me, then you will be happy to take advantage of their 2000x leverage.
I trade with an ECN account type, but the fixed spreads account is also a good one.
And the withdrawals – always on time!
they got it all sorted for ya..
trading here’s a pretty dope with mt5, plus they offer webtrader for those who wanna keep it simple. leverage goes crazy high so u can really push ur trades.
they cover all the bases with forex, stocks, you name it. starting’s easy with a bonus to get ya rolling.. they’re all about giving traders what they need to make those big moves. I specifically like trade big and liquid names here, because spreads are more than just fair and I tend to apply quite the hefty leverage on them positions with a positive conviction.
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For me, the best thing about the broker is the trading conditions. I mean, what else do you need to look for in a broker? Well, yes, there are other things, but I am just trying to lay emphasis on the trading conditions of AAFX. With a leverage of up to 2000X and tight spreads, traders need little else. And also, in addition to all of that, the broker is affordable and accessible to traders globally with a low minimum deposit. I think all of that put together makes the broker a solid choice.
Unquestionably, their “no commissions and zero swaps” scheme is enticing. Without any hesitation I cna even allege that this was something that magnetized me here.
Such a pricing model allows traders to forget about unnecessary expenses which they usually bring while trading. Everything’s so optimized here, each detail was taken into account specifically to gift your positive emotions.
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The customer service I get with this broker is one of a kind. They are always around to help with whatever you may need.
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I like how this broker combines time-tested trading platforms and asset set.
I can trade huge number of assets on my favorite platform. This is great.
Although it’s quite strange to me why I haven’t heard about this company before.
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The broker is not exactly the most popular broker out there, but one thing I can say is that the broker has very good trading conditions. The spreads and affordability of the broker cannot go without mention. The accounts available are all accessible to most people, and they all have very good spreads that make them competitive.
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The fees on ECN account are quite competitive. At least competitive enough to trade intraday and don’t think about them.
Surely if you will take Fixed account of the broker you will have way wider spreads, but you won’t be bothered about the data release and high volatility times.
Anyway I think every trader has to choose the AAFX account according to his or her preferences in trading.
But the broker has my stamp of approval.
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I do not like the system by which the support service works. But otherwise this broker is a great option!
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I really love trading foreign exchange currencies, I think I have a pretty good experience for it.
and it’s hard to find a favorable broker for that type of trading out there.
You need to avoid brokers that forces you to pay excessive amounts of fees, you don’t want to pay any commission for trading, you need security, easy interface, high execution, quick withdrawals and a lot of leverage. In forex, the more leverage you have the better.
AAFX is a platform who can provide you with all that.
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Finding a trading platform that balances the importance of trust and technology is no small feat, but AAFX Trading manages to do very well in both. They have a multi-layered security, which gives me peace of mind, knowing my funds and personal information are always safe. They offer two trading platforms, MetaTrader 4 and 5, which are some of the best trading platforms in the industry. With such security and so powerful tech behind a skilled trader, the possibilities, and the potential is wide. Nothing too fancy.
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I looked on the web and found out that the reputation of this broker is spotless. It wasn’t spotted in any questionable activities which is very good for me and for many traders I suppose.
I also like its offerings in the trading assets and trading platform area.
But who knows if this broker allows scalping or any type of high frequency trading?
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Getting a decent broker with proper policies and powerful execution was absolutely important to me. My relationship with AAFx trading did not let me down at all for all this time. I am super pleased.
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Broker with different services is good because it can offer equally comfortable conditions for any trader.
For example, a trader using e-wallets and a trader using a bank card have equally favorable services👍
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Why no one pays attention to the fact that this broker has a huge range of assets that can be traded on the platforms? This choice is impressive!
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What a nice place to trade!👍
The variety of accounts and trading platforms make this broker suitable for every type of trading style.
I personally like to hold my positions for days or even weeks. This way of trading is not very sensitive to spreads, so a broker’s fixed account makes me money💸
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I like to trade here. Broker offers a nice conditions of accounts and a stable trading platform. That is all I need!
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What is the maximum leverage you applied to the position here?
Look, it depends on the type of account the customer has.
I have an ECN account and the leverage is 1:2000.
And that size suits me a hundred percent.
Generally speaking overall conditions here please me genuinely.
You know, it’s not a secret that traders should rely only on credible companies with licenses, and lack of issues with depositing and withdrawing funds. Actually, that’s something I found here.
There are several renowned trading platforms that allow traders to use EAs, depiction of several charts, reliable client support and good opportunities for skills development.
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The trading conditions they offer are even more than just optimal for me. They are excellent. I’m interested in trading cross pairs first and they give good leverage even for crosses – it’s very crucial for me. I never trade majors, while crosses give me the bulk of my income.
only two platforms are available, but y’all know what these ones mean for trading? they mean pure perfection and high speed. MTs are time-proven, that’s why this broker is cool because it proposes the access to them.
MT5 is a bit more advanced, it’s younger, but MT4 for traders is irreplaceable I guess. On top of that, they are technically equipped with modern tools.
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I use AAFX MT4 for a long time simply because I started from MT4 many years ago and trade with it still.
For me no matter if the MT5 is more technically equipped, MT4 is the one. I think I even can analyze better on it, which sounds odd but it’s true.
I followed my friend’s advise and started to trade with this broker. I needed a reliable brocker first and not a very big leverage and I got it.
I recently switched to MT4 WebTrader, I must say my life has changed for the better. Now it takes me a couple of seconds to connect to the platform, and all the features are almost the same as in the desktop version.
By the way, what about mobile trading here? Is the functionality very limited?
I understand this issue, so I will help you as much as I can. A lot of people are worried about the functionality of the mobile version.
I can tell you this was far in the past when the functionality of the mobile platform was limited.
Nowadays, you can get all the benefits of mobile trading without the limitation of functionality.
I will tell you about the mobile platform based on MT5, because that’s what I trade on.
This trading platform has three types of charts. There are 30 technical indicators built into the platform, I think that’s a lot.
In addition, you can see the history of all your transactions in the full trading history journal.
In addition, the mobile version from MT5 has built-in news and the ability to use Push Notifications.
As for me, the functionality is more than enough.
from all AAFX Trading reviews that i read i can truly say that in general they are correct, but i think it will be much more useful to show its pros and cons from my trading experience.
so i do my trading here since covid 19 has started. for me introduction with trading comes with lots of information that you should learn and thanks to education books and videos i got the idea.
i was trying trading before aafx so next i open VIP account most of because of low and raw spreads with no commission and big leverages. i was trying my new trading strategy and this conditions was suitable for me.
earlier and now I’m using only metatrader 4 trading platform. its very simple, user friendly and well designed. i think key to success in its simplicity. market instruments here are different so you can even trade crypto. charts are pleasant, technical tools are wide and helpful.
it is what it is.
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I would start my review with funding methods. Everything because teh yseem to me the most convenient I faced in my trading career. The company seems to me quite progressive as it allows to deposit money using bitcoin wallets without any restrictions. Yeah, ofc, there are some particular condition, like min. withdrawal 100 USD/EUR and it’s okay. In addition, there are dozens of other methods as well.
I have recently acquired an access to VIP account and detected that this type of account is something that most of traders have to strive to. Everything because the conditions there are brilliant, however it’s almost IMPOSSIBLE to have at least 20k$ for opening this account.
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