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AAFX Trading Coupon codes and Promo Codes ☆ October 2020

AAFX Trading FREE shipping and deals ⭐ promo codes with ♥ from 1001couponcodes.com.au » Coupons up to 30% OFF ⭐ 3 deals and AAFX Trading Coupon codes » Valid October 2020 » FREE Promo Codes, Coupons & Deals daily updated ♥ 100% checked! Already 1 times used today!

In this article, which is an AAFX Trading review, we're going to examine this broker in more detail, covering both advantages and disadvantages. Not much is known about AAFX Trading in the trading community. According to some reports, this company was founded in 2004, but the official website does not contain information about the precise founding date. The situation on forums is also ambiguous: some traders praise AAFX, but the majority of users this still considers this broker a 'dark horse'. So let's figure out what AAFX Trading really is, and solve this question for good.

According to the official website (aafxtrading.com), AAFX Trading is registered in the islands of St. Vincent and Grenadines, with its headquarters also located there. The company is regulated by the local finance commission (FSA). Besides that, several representative offices are also located in Australia and Hong Kong.Basically, such regulation is typical for Forex brokers. 80% of them are registered in St. Vincent, Belize, Seychelles, or similar offshore locations. This doesn't mean that brokers are unreliable. For the most part, companies choose to be registered on an islands for economic reasons. For instance, offshore taxes are much lower than those in the USA, Western Europe or Australia. That's why it is often easier for a broker to get registered there and receive an FSA license.The truth is, if a broker is doing its job with honesty and integrity, the clients won't care for its place of registration or whatever else. As a rule, the broker is much more afraid of losing the reputation than provoking anger in the regulator.

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    • Everything you want to know about AAFX Trading
      Know everything about Promo Codes, offers and discounts atAAFX Trading

    Customer Support

    AAFX Trading offers 24 hours a day, 5 days a week customer support via Live Chat, Phone, Skype and Email for a variety of different languages including: English, Greek, Japanese, Chinese, Bahasa Malay, Bahasa Indonesia, Hungarian, Russian, French, Spanish, Italian, German, Polish, Hindi, Arabic, Korean, Portuguese, Czech, Slovakian, Bulgarian, Romanian and Dutch.

    After testing the Live Chat function on a Monday morning, European timezone, an agent was available to chat within just a few seconds and responded back in just a few seconds, as shown below:

    Research

    AAFX Trading provides some research tools in the form of Daily News and Daily Reports that can only be accessed through the customer portal area.

    AAFX Trading provides some research tools in the form of market commentary via Daily News videos and Daily Report briefings. These can be accessed via the customer portal area once a user has logged in, as shown below.

    The Daily News section is a series of market video updates:

    Selecting the Daily Reports tab will open a new browser window and open the AAFX Trading Research Report page. This page provides written fundamental commentary as well as some trading ideas using technical analysis for major markets, as shown below:

    AAFX TRADING FAQs

    Q: How do I deposit Bitcoin to AAFXTrading?

    A: To deposit Bitcoin (BTC) to your trading account wallet, go to the Dashboard. In the Deposit to My Account tab, click on Bitcoin and then the trading account you wish to deposit to. AAFX then generates a wallet address and QR code you can then paste into your digital wallet solution. The funds will then arrive into the account you chose.

    Q: How does my leverage decrease as I deposit more?

    A: Leverage stays at up to 2000:1 for those who deposit from $100 to $20,000, at which point they'd quality for a VIP account. At $20,000, those with an ECN or Fixed account have their leverage reduce to 1000:1, but if they use their balance to qualify for a VIP account and open one, their leverage in this account reverts back to up to 2000:1 before going back down to 1000:1 once their balance reaches $500,000.

    Q: Do I actually hold Bitcoin when trading it on AAFXTrading?

    A: No, all instruments offered by AAFXTrading are CFDs, or Contracts for Difference. This means they're derivatives which allow one to speculate reliably on these instruments' value without actually holding or being liable for them.

    Q: Are there other trading platforms offered through AAFXTrading?

    A: The MetaTrader 4 platform via web, desktop, or mobile is the only option available to traders. However, experts understand that the MT4 comprises all the functionality required at the peak of their profession, making this no obstacle to success.

    Q: How can I get the deposit bonuses from AAFXTrading?

    A: The first deposit bonus is offered to new traders who deposit at least $500 into their accounts, and results in a 35% bonus (that's $175 if they deposit just $500) on top. For existing traders, if they make another deposit at any time that's at least $500, they'll earn another deposit bonus up to 25% of its sum total.

    The broker's services

    What this broker provides is merely classic forex trading. They don't offer PAMM-accounts or any other investment programs, as well as no signal trading. Besides that, AAFX doesn't offer any option trading services either.

    AAFX provides two types of accounts: ECNs and fixed spread accounts. VIP clients are additionally granted a privilege to trade stock CFDs. In order to start investing in stocks, you need to make a deposit of $20,000 at the very least (or an equivalent amount in euros or pounds). The minimum deposit required for a regular account is $100.

    Trading conditions

    The only difference in the trading conditions for ECN and fixed spread accounts is namely the spread. In case with ECN accounts, the spread is substantially lower, but it may increase in times of high volatility (for example, during the broadcast of important economic news). By way of comparison, whereas a fixed spread for EUR/USD is 2 pips, its minimum value for a ECN account will be 0.3 pips, with an average one being 0.6 pips and the maximum one theoretically unlimited. In the majority of AAFX Trading reviews on forums it is stated that ECN spreads rarely reach their fixed values. That is why trading with variable spreads is considered to be more profitable.

    Apart from the above mentioned, AAFX Trading also provides an opportunity to open an Islamic account - that is, an account that doesn't charge overnight swaps while trading. This means that a trader will be able to use leverage for free and keep the deal open as long as he needs. The leverage level can reach 1:2000. However, it is not recommended to use it to the maximum: any abrupt move in the direction opposite to the trader's position can provoke a margin call and the loss of the entire deposit.

    AAFX Trading officially allows scalping, i.e. active trading that involves opening a range of orders within a short period of time. All the orders should be opened manually, that's a primary condition. It is noted in the broker's website that the use of robots and other means of automated trading is strictly prohibited. If the broker detects the use of such software, the trader's account may be blocked without warning.

    Such attitude to algorithmic trading is a normal practice among forex brokers. Trading robots create additional work for them and overload the basic software. In addition to that, a regular trading robot might be a guise for a hacker program or other malicious software. Most brokers are reluctant to take such risks and therefore prohibit the use of such programs. If anyone tries to use them at his own risk, he must be prepared to face the consequences.

    Bonuses

    The AAFX Forex broker offers two types of bonuses:
    1. A welcome bonus: +35% to the first deposit.
    2. A bonus on a subsequent deposit: 25-30% depending on the amount of the deposit.

    In order to receive any kind of bonus, you need to fund your account with at least $500. The 25% bonus for a subsequent deposit will accrue for the amount of $500 and more, while the 30% bonus requires an amount of at least $1,000.


    AAFX Trading Coupon Codes

    If you're looking for Coupon Codes or coupons at AAFX Trading, then you'll be here at 1001couponcodes.com.au at the right place! We update daily our coupons and offers, we search for you the best AAFX Trading Coupon Codes and offers, you will always save on your online purchases with our coupons. At the list on top of this page, you'll see all the offers, coupons, coupon codes and discounts currently available at AAFX Trading. Easy, right? This listing was last updated on 25 October 2020.

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