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AAFX Trading - aafxtrading.com


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On 4/23/2020 at 5:29 PM, 7bledin said:

The broker offers forex, CFDs and Bitcoin trading with up to 1:2000 leverage, 35% welcome bonus and MT5 support.
It would be nice to hear some reviews on the quality of their service here.

You can't say much about quality before you try live trading there. Trading conditions, bonus offer and demo - all looks nice, but if they delayed executions or problematic quuotes - this will all become obvious only once you try trading with a funded account.

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Well, I'm not that excited spending the $100  of minimum investment each time I get interested in some brokerage, this is why I'd love to hear some review of existing customers if there are any here

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  • 3 weeks later...

Sorry, looks like I'm the only customer here and my experience is still limited to demo account. I didn't risk to invest any real money yet. However, the trading conditions look fascinating. No commissions and tight spreads. Sounds good. 
Demo executions work well, no disconnects from the server on their side. But I guess this is yet not a quality mark, cuz its demo only. 

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Yeap, this is actually why I paid attention to this particular company. Tading fees are low, which is important for active trading. Plus the wecome bonus +35% makes the idea even more interesting...
 

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  • 4 weeks later...

I agree, they don't give away the money for nothing. Yet, the AAFX bonus system allows the withdrawal of bonus, cuz this is basically how they give back the money you've spent on commissions and spread in the beginning. This is actually why its called a welcome bonus. You trade with large enough volumes during the first two months, then they give back the spreads and commissions in a form of a bonus that you can actually withdraw or keep trading with. 

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As I know it's pretty trustful broker, even one of my friends has been trading via this broker for couple of months, and he was pretty satisfied. But it was half a year ago, and I'm not quite sure what exact state of affairs they have nowadays. If I would talk about my personal preferences, I like to use Broker.com company, you can check here some reviews about it from real people who also use it, and brief description of how it works and what it can.

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On 6/16/2020 at 4:38 PM, 7bledin said:

I agree, they don't give away the money for nothing. Yet, the AAFX bonus system allows the withdrawal of bonus, cuz this is basically how they give back the money you've spent on commissions and spread in the beginning. This is actually why its called a welcome bonus. You trade with large enough volumes during the first two months, then they give back the spreads and commissions in a form of a bonus that you can actually withdraw or keep trading with. 

Up to you to decide. Yet, I bet the conditions are very close to impossible to complete. I know the business a little. Brokers won't miss their opportunity to make money. Or make you a very loyal customer. 

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  • 2 weeks later...

Hello, I want to open an account with AAFX, but the leverage is 1:400 only, so I can not open transaction with big lot. I am using averaging strategy and I have to open position with bigger lot, so I think AAFX is not my choice. 

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  • 2 weeks later...
On 7/5/2020 at 6:14 PM, broforex51 said:

Hello, I want to open an account with AAFX, but the leverage is 1:400 only, so I can not open transaction with big lot. I am using averaging strategy and I have to open position with bigger lot, so I think AAFX is not my choice. 

AAFX Trading offers 1:2000 leverage for all currencies. Commodities and metals have got limited leverage. That's the main feature of the broker. I don't think you've got the correct information. 

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Correct the leverage is 1:2000 for majority of the assets. Yet, I've never considered it to be the main advantage here. Might work for averaging, but you know... that's a risky strategy. On the other hand, forex trading is risky in the essence. 

Quote

Up to you to decide. Yet, I bet the conditions are very close to impossible to complete. I know the business a little. Brokers won't miss their opportunity to make money. Or make you a very loyal customer. 

I wouldn't say the conditions for getting the bonus are that crazy. I agree broekrs aren't giving away the money for nothing, but the bonus looks like the offer to return the commissions for active trading in a form of bonus. Just a mean to get loyal customers, as you've said. I don't see anything wrong with that. They want you to  trade activley and then you can get the paid commissions back. The requirement is to trade 20 000*bonus size volume. 

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Does the volume count for roundrurn? 
That's a big enough turnover of it counts for roundturn only. If you can divide it by 2 (the volume counts for both sides), then yeah, that's not that impossible, given the decent leverage. 

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  • 3 weeks later...

Can't stay aside all these opportunities any longer! Registereed a live account with AAFX last night and deposited $200. Not enough to apply for bonus, but we'll see how it goes. Can't really risk much more than that for now.  

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  • 2 weeks later...

Thank u, feels great 🙂
A bit nervous at the moment, but I hope this nervousness will pass soon. 
In any case now I can stop biting my nails about the good market analysis going in vain because I used it for demo trading only. 

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  • 4 weeks later...

Last Wednesday I was in the market at the time of Fed Reserve meeting. Trailed my stop in advance to above breakeven point, so didn't worry about it a lot. 
Stop loss was hit and there was some slippage, but I can't say it was unexpectecledly severe. Just a couple of pips, no tragedy at all.  

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To tell the truth I've never bothered to compare with any other sources. On the other hand - this probably means there is no problem on this side, as you onlyt want to compare if you have some reasons to suspect they are inaccurate. I don't have any of such reasons so far.

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  • 2 weeks later...
On 9/26/2020 at 7:47 PM, Nalmegda said:

To tell the truth I've never bothered to compare with any other sources. On the other hand - this probably means there is no problem on this side, as you onlyt want to compare if you have some reasons to suspect they are inaccurate. I don't have any of such reasons so far.

I’m actually interested in crypto trading. I heard that AAFX supports these assets. Has anybody traded digital coins with this broker? Does it make sense to register a real account to trade cryptos with AAFX?

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  • 1 month later...

I don’t know, man. I’m interested in traditional financial instruments such as currency pairs, metals, energies. As I know, AAFX supports only BTCUSD and BTCEUR. It feels like it’s not a very rich choice for a crypto fan. However, if you are interested in Bitcoin only, it might make sense. 

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