AAFX Trading Review Scores
AAFX Trading
Overall Score: 4.2 / 5
Total Votes: 42
Platform
 
 
Pricing
 
 
Customer Service
 
 
Features
 
 
1 - Worst   5 - Best
AAFX Trading Discussion
Previous 1 .. 3 4 5 6 7 Next
Felhagamand

Member Since May 14, 2019  10 posts Felhagamand Jan 11 at 22:25
yves11 posted:
Bakir posted:
Hello, I have been trading in Forex for 11 years, and have dealt with so many brokers, more than forty, including AAFX. This is the worst broker I've ever met. AAFX has not been responding to me for 4 months and is not fulfilling my withdrawal requests. Can you imagine, they have blocked my account and do not even respond!!! What arrogance, can you imagine that ?! Traders, I appeal to you, do not be fooled, sooner or later this will happen to you too. AAFX is not regulated by anyone and therefore behaves so brazenly and freely. Collaborate with regulated brokers, they are in the majority.


Bakir,

I've been with AAFX for about 6 months now. I've also withdrawn $1,000 from my trading account in October with no problem. It took 24 hrs for me. Their online customer service was excellent as well.

 I first started with $100 deposit and turned my acct to over $2,000. I then took out $1000 in October 2019 of this year and had no problem. Because of the customer service, ease of withdrawal, and also the wide range and diverse offering of instruments, I wanted to continue using AAFX with an acct up to $25,000 this coming year. But now after reading your post, I am alarmed.

I have used Tradersway, Hugosway, LMFX, and JAFX. Tradersway is very corrupted and I believe it trades against its clients. JAFX was the best among those 4, but it lost its license for US clients, so I no longer can use it.

It was only recently, about 7 months ago, I found out about AAFX, and started with them a small account of a $100 deposit. I like its diverse range of instruments besides just currency pairs. It has a larger spread than other brokers, but it doesn't charge swap fees or commission fees, so that is the disadvantage for those who wanted a smaller spread broker. I, however, was happy with the spread since most of my trades were swing trades.

I had wanted to personally visit their broker office this coming year if I were to deposit $25K into my account.

AAFX is good for daytrading but you have to watch out not to break the rules of the company. There are very of them and they are not too difficult to follow. You can't use multiple accounts for arbitrage and you can't close your trades in less than 60 seconds. In fact you can, but the profits gained from such trade will not count. Sometimes people don't read the rules carefully and then complain the broker is not withdrawing profits. Looks like this was exactly the case in the comment above.

Centrillador

Member Since Dec 26, 2019  1 posts Centrillador Jan 13 at 00:44
uxStyle posted:
I had one case with aafx trading, when I was overwhelmed. Spoiler, in the end, everything was resolved.
Anyway in about half a year after I started trading, I decided to order money withdrawal. I was withdrawing to a card, as one of my friends who is also trading on aafx recommended me to do. I arranged the withdrawal and was waiting. My money still was not accepted to the card. My friend got them in about 10 minutes, yet I didn't get them not either that evening nor the next morning. I started writing to the broker's tech support. They replied instantly, which was nice. They didn't write me cliches like 'please wait, we are doing all we can do'. The specialist explained that withdrawal to the card is one of the most prolonged ways and it depends on the bank. As I found out later, I just wasn't lucky. My bank doesn't support a kind of system of fast transfers, I forgot its name. That is why I got money only the next evening (the maximum waiting period is three business days).
Everything was resolved. The broker has excellent clients support. By the way, they recommended me to withdraw money through the e-wallet like Webmoney if I want to receive money rapidly, so I don't have to wait like the last time.
'

I have the same case, but was forced to wait 3 days to withdraw funds on my bank card. Such occasions happen sometimes and that's cool that broker never keep silence and always try to give up-to-date info. For me, as trader, that's much more important that get instant payment. I think that's okey to wait 2, 3 or even 5 days, but I want to know what's going on, to have certainty and AAFX gives me such feeling. AAFX goes that way and company deserves my respect, as that's partner I may rely on.

Centrillador
Thorgahuginn

Member Since Jan 01, 2020  2 posts Thorgahuginn Jan 16 at 13:17
I came to AAFX following my mate, that was trading this broker since 2013. After a year of trading, I may say that I'm not so fascinated as my friend was. AAFX is good comparing to others, but I cannot say it's outstanding. What's good that's tight spreads, if yo're trading intraday, you save money with spreads that offer AAFX, as they're lower than with the vast majority of AAFX's competitors. Order execution is also good and fast, so there is no trouble in this regard. Some lags happens, but that's okey and lags never affects trading results, as there is 2-3 seconds delays, nevermore. What I don't like is Metatrader, it's multi-functional, but that's not platform that I can name the best. It's the most common solution on the market but, frankly, I would better prefer some kind of self-developed platform, even with less functionality. Regarding payments I can say nothing bad, usually payments are proceeded within 24 hours when you're withdrawing, but sometimes you should wait even for 3 days (I'm not sure about is such an AAFX fault, or payment system).

Andromardred

Member Since Dec 28, 2019  2 posts Andromardred Jan 17 at 22:16
AAFX cannot be called simply beneficial brokerage, it offers one of the best solutions on the market. Everything starts with $100 minimum deposit, so that's great chance to test a broker with low risk and then make a decision about further investing. I started with $150, but only after I had already made a deposit, I found that there is 35% welcome bonus for the traders with deposits starting at $500. Maybe, that's my fault, but I don't so care about that. By trading conditions AAFX Trade is okey and I liked the most that AAFX use common Metatrader 4, as that trading platform has a great bunch of manuals over the net, so I can find a lot of useful tips by simple googling. By the way, I haven't installed nothing, as I use Webtrader, the browser version of the Metatrader 4, I think that's much more convenient and I have all features that I need. I didn't try yet Expert Trader feature, but as far as I know, it allows to adjust my own algorithms and even robots to trading and that sounds interesting.

Saithirana

Member Since Dec 25, 2019  2 posts Saithirana Jan 21 at 14:08
it's not easy to deal with brokerage companies now because on the one hand there are a lot of them on the other hand, there is little good to say about their quality. But the aafx somehow stood out against their background, it is clear that there are also technical issues, but the terminal with a large number of assets and withdrawal of funds is without problems...

Please login to comment.
Compare forex broker spreads in real time: Forex Broker Spreads
Loading
Loading
EURUSD 1.10261 GBPUSD 1.30719
USDJPY 109.285 USDCAD 1.31473

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2020 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.