AAFX Trading reviews of pros and cons

So, I’m finalizing the results. I open an account, was trading for two weeks and requested the withdrawal. In general, everything is ok, the only thing I didn’t get the bonus. It was understandable, there is no bonus to come along with 100 dollars, anyway I would have to refuse from it to make a withdrawal.
I liked how the platform works, the reviews were not lying, it is comfortable for scalping and the deals are executed fast. In two weeks, I even managed to make a small profit.
I requested the withdrawal to Skrill. I withdrew the whole amount a little bit more than 100 dollars on purpose to provoke the broker in case it turns out to be a fraudster. But there were no issues, I got the total amount and that’s it.
Conclusion: You can trade with AAFX and in the nearest time I’m planning to deposit 1000 dollars to get the bonus and actually I’m ready for the proper trading.

1 Like

Well, great, congratulations! Listen, is it true that AAFX doesn’t have swaps at all? That you can open the deal with any asset and keep it as long as you want and you won’t pay any additional commission for that? I requested this from support - I asked how to open an account without swaps, and they replied that all their accounts are without swaps. It is kind of too good to be true as for me;)

And if you are trading without the swaps, you need to trade only using your own money, without the leverage or it is also possible with the leverage?

Wiltonandid, I didn’t leave the deals over the night so far. So based on my experience I can not either approve nor argue this. But if support told you, I don’t see a reason not to trust them. I doubt that they just trying to make it look better, the most important that the swaps free accounts exist here for sure, and how to open them; upon request or automatically, those are just the details.

Jugore, you can use the leverage in any case, I haven’t seen any forex broker trading without the leverage, especially on Metatrader.

Ok, I also think, that support is not likely lied :slight_smile: Then I will also open an account, at least I will check their conditions on practice. If they really offer the free possibility to use the leverage, then it is very beneficial.

I deposited 1000 dollars and got a 30% bonus right away. As this is not the first deposit, I can not get 35%, but still not bad. I guess, now I will continue trading in normal rhythm, let’s see, how fast I will fulfill the bonus requirements :slight_smile:

Now I also officially became AAFX client :slight_smile: I deposited not too much so far, I just wanted to be sure, that they don’t charge swaps for transferring to the next day. So I opened two deals one is for EURUSD and another one for McDonald’s shares, lol. The next day I wasn’t charged any commissions, so the absence of swaps seems to be true. The only thing is that the leverage for shares is only 1:20, but it’s not critical for me. Trading in long-term with 1:100 leverage as crazy as scalping with 1:1000 and use the fullest of it:)

Oh, it is cool that there are both long- and short-term traders :wink: I wanted to check, what do you think, which strategy is better? I’m only looking around so far, and thinking which trading style to choose: long-term or short-term? I see its pros and cons in both strategies, so I don’t know yet, which direction to take.

what a question… One is a long-term trader, another one is a short-term. Everyone will praise its tactic. Otherwise, they wouldn’t choose them, lol. But I have some doubts that someone just going to give away the details of their strategy. No, of course, you are doing a great job by being curious, but I think that you will have to choose your own path through trial and error.

I’ve been reading a recommended book recently, called “Trading in the Zone” by Mark Douglas. Have found lots of useful hints for myself there. What really surprised me was the idea that the highest level of trader’s evolution is intuitive trading in accordance with all the huge experience that trader has got before learnt to make some market forecasts. When I read that, I remembered what you told me, Erodeon about learning by own experience.
Many times I’ve heard from experienced traders that upper timeframes are easier to trade. But you can’t get any experience looking at daily charts and doing 10 trades a year. Well, may be this is possible, but it’s gonna take ages. I’m not that patient. So I came to a conclusion that I will keep trading intraday to gain some experience.

Good luck. It looks like you are capable of learning, collecting information and making your own conclusions. These are the skills that are highly desirable to get successful in trading. I personally disagree that intuitive trading is the highest level of trader’s evolution, but you do need the experience, this is for sure. Demo trading or trading with small risk is a good way to get some.

So what really tops trader’s pyramide of achievements?

Getting your own brokerage, lol
Seriously, even though I use manual trading system which is very difficult to formalize, I think that creating trading robots/algos/advisors is the path. Banks have tremendous resources and spend fortunes investing in best HFT algos to compete with other banks. Ordinary humans like us can only watch the results of these battles on charts and… try to replicate the “behavior” of these whales.

I’ve read the Zone-book about a year ago. It’s pretty popular. If I remember correct, authors opinion was that trading system rules at all times. The problem is that the best systems are too complex, this is why it is easier to call it intuition, rather then try formalizing a strategy and writing down million+ market conditions to be fulfilled before you enter or close the trade.

Funny you’ve mentioned that. All joking aside, AAFX offers a so-called IB partnership. This is the affiliate program which is the equivalent of creating your own brokerage powered by AAFX. You get the commissions from the trades performed by people you invited. See, dreams come true :smiley:

I’ve been trading with aafx for more then a year now. No issues whatsoever with them totally trustworthy i was skeptical at first because of all the offers which was to good to be true

here’s proof of my withdrawals

note that there were rejections but that was because i manually closed the requests

also note that if you deposit through a method you can only withdrawal through the same method because of frauding and money laundering ect

jqorane
also note that if you deposit through a method you can only withdrawal through the same method because of frauding and money laundering ect

Take it easy, Jamal. We all appreciate the screenshots here, but AAFX has been on the market since 2014 and there are no complaints about withdrawals as far as I’m concerned. And remember, I was the first one to mention the IB partnership program in this thread. So all the new customers are mine! :wink: Just kidding, no offence ))

Ahhaha, experiencing a major drawdown? Wanna squeeze some cash outta newbies?

:smiley: Caught me red handed! Well, I hold positions overnight and they don’t have to profit within the next 5 minutes. It takes weeks sometimes. We do have a saying here that the morning bird gets the seed :wink:

LOL, this is what happens in business all the time. People discuss the ways to increase their earnings, they have some sound ideas but nobody wants to do the first step. In a meanwhile AAFX does have a real partnership program which is capable of yielding some extra $$ if you recommend the company to somebody with a nice capital and significant turnover. Opportunities surround us all the time, its our job to distinguish them in a daily routine.