The broker provides a range of trading products and services for both novice and professional traders. With its focus on transparency, low spreads, and high leverage, AAAFX has garnered attention from traders looking for a reliable and affordable platform for forex and CFD trading. Traders have access to a wide variety of financial markets via the AAAFX trading platform, including foreign exchange (Forex), indices, commodities, stocks and CFDs. When you trade with AAAFX, you will need to have a comprehensive understanding of risk management strategies when actively trading with AAAFX. Risk management trading features that can be accessed through the AAAFX platform, such as stop loss and negative balance options should be readily understood and utilised when trading with AAAFX.
Any rates, terms, products and services on third-party websites are subject to change without notice. These products provide traders with a wide selection of markets to participate in, enhancing the overall trading experience. ETFs are investing vehicles available on AAAFX, that cover a wide range of markets, sectors, industries, currencies, and commodities. These ETF funds can be bought and sold quickly on AAAFX or held for an extended period of time, trading similarly to stocks on AAAFX. You can also take advantage of the AAAFX demo account, which enables you to trade in real market conditions using AAAFX virtual funds without running the risk of losing real money with AAAFX.
Accounts & Banking
Customer service is available in multiple languages, including English, Spanish, Italian, and Arabic, making it accessible to traders worldwide. The foreign exchange market available on AAAFX, makes it possible to trade one currency for another of different countries’ currencies. Always traded in pairs, there are a wide variety of possible currency combinations on AAAFX. Forex currency pairs on AAAFX include major, minor and exotic currency pairs. However, only a select AAAFX currency pairs are considered to be highly liquid on AAAFX. Simply decrease the AAAFX trading volume in the ‘Order’ window until it corresponds to the amount you desire.
Customer Support
This broker is highly regulated and won 2022 most transparent broker award. I can safely say that I can trade with my mind at ease with AAA Forex. I have come to realize that this broker does not have any market research at all. I have to use offsite third-party sources to get information about what’s happening in the market which can be time-consuming. Recently traded an NFP news release on AAAFX’s ECN Plus account, and didn’t experience any significant slippage.
Support
The team can be reached through email, instant web chat and various phone lines from different countries. I like how you can also send suggestions to the customer service team through an opinion form. A comprehensive Frequently Asked Questions (FAQs) is provided with over 100 questions and their detailed answers available.
I’ve been trading with AAAFX for some time now and have found that trading US30 has paid me more compared to currency pairs. While I still trade currency pairs on AAAFX, I’ve found that trading US30 has been more profitable for me. Their servers work well, and I don’t have issues with orders getting messed up. I did have to grow my account from $2,500 to $5,000 to get the VPS for free, but it’s been worth it.
AAAFx provides a seamless trading…
The range of tools they offer like advanced charting and risk management features has really helped me refine my trading strategies. It’s perfect for traders who want a smooth and professional trading experience. AAAFx places paramount importance on the security of its users.
There are many positives, however, It’ll be great if they add some educational material for beginners and also some additional trading tools. Between 74-89% of retail investor accounts lose money when trading CFDs. The opening of a AAAFX brokerage account is a very straightforward process. You will be required to present a valid form of identification to AAAFX as well as a valid form of residence before your identity can be verified by AAAFX. You will also be required to provide a recent bank statement or utility bill to AAAFX in which your full name and address are presented in a legible manner. You have the option to close the AAAFX trade, modify the AAAFX order, or add a AAAFX trailing stop when you right-click on the trade while it is displayed in the AAAFX trading screen or in the chart.
- This already makes them one of the most competitive ECN forex brokers in the world.
- AAAFX investors are able to buy and sell shares of various companies through the stock market.
- AAAFX does not charge swaps which is good for me when going long with USDZAR, but when selling I go elsewhere just for the positve swap.
- However, it seriously trails alternatives in the depth of its other asset classes, notably stocks (185+), indices (10+), commodities (10+), and cryptocurrencies (5+).
Platforms
AAAFx is a forex & CFD broker registered in Greece and South Africa. The broker is fully regulated in both of the countries it is present, which also means that its Greek entity is subject to the EU’s ESMA rules. For the most accurate and up-to-date information on available payment methods and their specific terms, please refer to the official AAAFx website or contact their customer support. AAAFx was founded in 2007 and its headquarters are in Athens, Greece (a member of the European Union).
Finally, they offers a wide selection of trading instruments. AAAFx offers a user-friendly experience across multiple fronts. Its website boasts an intuitive design, facilitating easy navigation and quick access to essential information. The broker provides excellent customer support through live chat, email, and phone, ensuring traders’ inquiries are promptly addressed. The MetaTrader 4 and MetaTrader 5 platforms offered by AAAFx are renowned for their user-friendly interfaces and efficient functionalities, aaafx making trading smoother.
I think they can be worth exploring for anyone who is looking for self-directed investing or copying the signals of other traders. So is the AAAFx the ideal online forex trading platform for you? The main goal of AAAFx was to offer its clients a unique trading experience combined with exceptional customer support and during our testing phase, we found the company delivered it.
- Especially for the intraday ones, when you trade relentlessly during the busy market hours.
- To complete the registration process, you will be required to scan and upload your ‘proof of address’ and a ‘proof of identity’.
- The only thing I’d wish for is that they take the commission when I open the trade, not when I close it.
- This gives them an idea of the risks or success they should look out for.
With MetaTrader 4 as its platform, the broker offers advanced charting and technical tools, while its regulation by CySEC ensures a safe and secure trading environment. In this detailed review, we will explore all aspects of AAAFX, including its features, trading conditions, platform offerings, fees, account types, customer support, and regulatory status. This guide will help you determine if AAAFX is the right choice for your trading needs.
This broker also has the Zulutrade copytrading service which is a pretty good thing to have. AAAFx is good if you want to trade forex on the MetaTrader platforms with ECN pricing, featuring tight spreads and low commissions. With no restrictions on strategies, fast execution and VPS hosting, it will serve day traders, scalpers and algo traders. The broker does not charge commissions on deposits but the payment processors might charge the clients a fee.
