7bledin Posted April 23, 2020 Posted April 23, 2020 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.
Root Admin MrD Posted April 23, 2020 Root Admin Posted April 23, 2020 @7bledin I invited AAFXTrading to check this thread and post updates. 1
Nalmegda Posted April 29, 2020 Posted April 29, 2020 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.
7bledin Posted April 30, 2020 Author Posted April 30, 2020 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
Nalmegda Posted May 15, 2020 Posted May 15, 2020 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.
7bledin Posted May 17, 2020 Author Posted May 17, 2020 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...
Clawultera Posted June 9, 2020 Posted June 9, 2020 If I were you, I wouldn't have counted on bonuses too much. This is merely an illusion of a cashback, yet, brokers won't let you have the money for nothing.
7bledin Posted June 16, 2020 Author Posted June 16, 2020 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.
PlayyerOne Posted June 18, 2020 Posted June 18, 2020 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.
Clawultera Posted June 24, 2020 Posted June 24, 2020 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.
broforex51 Posted July 5, 2020 Posted July 5, 2020 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.
Nalmegda Posted July 15, 2020 Posted July 15, 2020 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.
7bledin Posted July 20, 2020 Author Posted July 20, 2020 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.
Clawultera Posted July 22, 2020 Posted July 22, 2020 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.
7bledin Posted July 28, 2020 Author Posted July 28, 2020 Exactly! The volume counts both sides. Separately for trade open and separately for closing a trade.
Nalmegda Posted August 15, 2020 Posted August 15, 2020 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.
Clawultera Posted August 17, 2020 Posted August 17, 2020 Cool! How does it feel to trade on a live account? Glad you've made up your mind. The uncertainty kills. Sometimes I think its better waste 100-200 bucks than regret for months that you didn't even dare to try.
Nalmegda Posted August 25, 2020 Posted August 25, 2020 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. 1
7bledin Posted September 17, 2020 Author Posted September 17, 2020 Let me know once you have a chance, are there many slippages at AAFX? Alould also be fantastic to know whether quotes are accurate.
Nalmegda Posted September 18, 2020 Posted September 18, 2020 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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