Given that many active traders may not use the ZuluTrade platform, this is a major nuisance. That said, the global entity has several offers including a 100% deposit bonus that is added to clients’ accounts as trading credit, from $100 to a maximum of $40,000. Rates, terms, products and services on third-party websites are subject to change without notice.
Trading Instruments and Product Offerings
One of the key factors traders look for when selecting a broker is the cost of trading. AAAFX offers competitive pricing across its account types, particularly for forex traders. AAAFX allows traders to trade more than 100 different financial instruments, including . AAAFX investors and traders all over the world now have access to a wider variety of trading instruments than ever before.
Is XTB Broker Safe?
- So, if you deposit $100, you’ll get $100 in trading credit and need to trade $45 before withdrawing any profits.
- Their platform is user-friendly, and I’ve had no major issues so far.
- If you are on a hunt to find a good trading account with excellent conditions, AAAFx’s ZERO account is fantastic.
- People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
- Among these asset classes, AAAFx offers the widest selection of instruments in the stock market, where it supports trading in stocks from over 400 companies listed in the US, UK, and EU.
I like how you can open trades on the desktop platform and then monitor, adjust or close them from the app. The app has a limited selection of tools for market analysis using 3 chart styles displayable on 9 timeframes, 30 indicators, and 24 analytical tools. You can open trade positions and then monitor them in real time, adjusting and closing them at will. However, it is limited in terms of functionality when compared to the desktop platform.
- We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.
- For starters, they are regulated and have a great reviews online.
- This is in compliance with the Anti-Money Laundering (AML) and Know Your Customer (KYC) policies.
AAAFx Review
All these platforms are available on all kinds of devices, including PC, Web, macOS, iOS, and Android. With this broker I have some of the tightest spreads for exotic forex currencies. There is also small fixed commission of $2.5 per traded lot, but I find that it is not at all high. With this broker I am also able to use solid leverage on exotic currencies, which is good for execution of my strategy.
Customer Support
Its low minimum deposit of $50 and offering of various account types make it accessible to both newcomers and experienced traders. Traders who prioritize fee transparency and minimal trading costs can benefit from AAAFx’s zero-commission trading model. While it doesn’t offer a mobile app, its user-friendly platforms, MT4, MT5, and ActTrader, cater to traders seeking a robust trading experience.
Clients who deposit $10,000 can access the ECN Plus account, which has the significant benefit of commission-free aaafx forex trading. It also brings the commission to the low price of $0.74 per side on indices and commodities, and 0.075% on stocks, making it attractive for experienced day traders. For traders who like to experience fast trade execution and raw thin spreads, ECN Plus is the account to look for. Minimum deposit of $1,000 and $1.5 per $100k commission are charged to make this account an excellent choice for serious traders who demand the best trading conditions.
AAAFX CFD trading is high risk and has a high percentage of losing traders due to the ability to trade at up to x3 or x20 the AAAFX traders deposited amount. AAAFX offers CFD trading in certain countries where financial regulators permit AAAFX CFD trading. A AAAFX contract for difference (CFD) is speculation on price movement up or down against AAAFX and does not involve the delivery of any physical goods or securities. The value of an index increases on AAAFX whenever the prices of the individual shares that make up the index rise. If, on the other hand, prices go down, the value of the index will go down as well on AAAFX. It is based on the premise that the researched AAAFX trading activity and price changes of a security in the past can be valuable AAAFX indicators of the price movements of the security in the future.
AAAFx was established in 2008 with its headquarters in Athens, Greece. The company currently has more than 70 employees and over the last five years, the company managed to open thousands of active accounts from 176 countries worldwide. AAAFx also offers great in-house live customer support as well as a trading desk in 11 languages. It is responsive to the different types of robots that I have tried.
I still don’t get it why this broker is not very famous on the market. I was a bit surprised when I discovered this broker, because its trading conditions are better than the majority of forex brokers offer. ECN Zero Account with a minimum deposit of $50,000 offers trading with low spreads starting from 0.0 pips and with no additional commission charged ($0 per $100k). On the other hand, trading indices and commodities charge a minimum commission of $0.74. The minimum commission clients pay when trading stocks sits at 0.075%. All these assets also charge a variable spread and investors should be aware of the spread before they invest their hard-earned cash.
I like this extra security measure as it helps prevent any fraudulent activity. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You will be required to go to the website of the AAAFX brokerage that you will be trading with in order to complete the AAAFX registration process for a new AAAFX trading account.
In contrast, eToro provides first-class educational tools for traders at all levels due to its Learning Academy and blogs. These provide a wide array of categorized and experience-tailored videos, articles, and weekly webinars, along with trading courses and a YouTube channel filled with educational content. AAAFx offers a choice of ECN accounts that cater to traders of all levels, from beginners through to advanced traders. AAAFx is regulated by the Hellenic Capital Market Commission (HCMC), under Triple A Experts.
