For traders who prefer speaking directly with a support agent, AAAFX offers phone support during business hours. This option provides a more personal level of assistance, particularly for urgent matters. Traders at AAAFX can trade popular commodities, such as gold, silver, oil, and agricultural products. Commodity trading offers diversification opportunities, particularly for traders looking to hedge against economic volatility. However, AAAFx’s mediocre investment offering beyond currencies makes it weak if you want to trade stocks, indices, commodities or crypto.

Trading 212 Review

Equally, its threadbare aaafx reviews education and research means it’s less suited to beginners. AAAFx offers decent support, available 24/5 via live chat, email and phone, with Greek and UK numbers available. AAAFx continues to earn its status as a low-cost broker with an ECN pricing structure that prioritizes tight spreads with low or no commissions.

There is also the web version of the platform which can run directly in your browser without needing to download or install any software. I like to use the desktop platform for running my automated systems and conducting complex chart analysis. The mobile app is ideal for checking and managing my positions when I am not at my computer. It can be a great way to see what is happening around the markets whenever you feel like it. The broker also offers social trading via ZuluTrade; a leading social trading platform used by millions of traders from around the world. In recent years, AAAFX has expanded its offering to include cryptocurrency trading.

AAAfx’s Cent Account is great for…

This broker has been in the forex industry for over 15 years and has regulations in multiple jurisdictions. The economic calendar is an essential tool for forex traders, as it helps them stay informed about upcoming economic events that may influence the markets. AAAFX provides an integrated economic calendar within its platforms, giving traders access to scheduled reports, data releases, and central bank meetings. Both apps offer a stable trading environment, but you can’t manage your AAAFx account and make deposits – you need to sign in to the client area online. It features fast execution speeds, tight spreads in its ECN accounts, and first-class charting tools through MetaTrader 4 and MetaTrader 5.

• As explained earlier in this AAAFx review, the platform that you choose will often have inbuilt features that protect you.
• AAAFX offers competitive pricing across its account types, particularly for forex traders.
• So, you can do the same trades and gain profits whenever their trades are successful.
• Withdrawals have always been smooth, and their support team is responsive when I need help.
• On the other hand, trading indices and commodities charge a minimum commission of $0.74.

The Trustpilot Experience

This platform is regulated by a credible government agency, ensuring that it operates in compliance with industry standards and regulations. Trading on a regulated platform can enhance trust and confidence in the trading environment. Overall, AAAFX is recommended for retail traders who want to take advantage of tight spreads, low commissions, and a robust trading platform. Interestingly, the demo account offered by AAAFx is rechargeable and only expires after 30 days of inactivity. This means that active users can keep this account for practising strategies for as long as they want.

ACCOUNT OPENING

We provide broker reviews and ratings to help users find a suitable broker according to their own needs. However, you must do your own due diligence and make your own decisions when choosing a broker. We may be compensated through third party advertisers. This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews. Any rates, terms, products and services on third-party websites are subject to change without notice.

• No, Canada, along with the USA and China, belongs to the list of countries that do not allow the services provided by AAAFx.
• These measures collectively contribute to the broker’s reliability and its clients’ peace of mind while trading.
• I also like how the broker offers versatile account types for each trading style and a great choice of flexible payment options including Bitcoin and digital wallets.
• In the EU, the entry-level ECN account provides spreads from near zero on its range of instruments, with commissions of $0.99 per side on forex, indices and commodities, and 0.93% on stocks.
• For traders who prefer speaking directly with a support agent, AAAFX offers phone support during business hours.
• Traders will be interested to know that AAAFx features a demo account that is free to all.

The MT5 platform was released in 2010 supporting faster than ever processing technology and additional layouts. The AAAFx MT5 platform offers an extensive list of the trading instruments including Cryptocurrency CFDs, helping the advanced platform to fulfil its futuristic outlook. I find the platform to be very similar to MT4 just with some more features. It may be better if you are looking to trade stock CFDs and plan on doing some more complex market analysis. I do use it from time to time but still stick with MT4 as it is the platform that I am more familiar with and have already developed lots of trading tools for.

Webinars are a great way for traders to interact with instructors and ask questions on complex topics. AAAFX provides access to trading signals, which can be a helpful resource for both novice and experienced traders. These signals are generated by market analysis, and traders can use them to guide their decisions when opening or closing positions. While some traders may prefer to rely on their analysis, signals can offer valuable insights, especially for those new to forex trading.

AAAFx is an excellent trading platform…

Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. DayTrading.com may receive compensation from the brands or services mentioned on this website. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. There are social and copy trading options offered by AAAFx with ZuluTrade.

They have three different ECN accounts plus an Islamic account. For example, you’ll need a proof of residence document, the annual report of the company, and a signed statement from the person who is authorized to do transactions on behalf of the company. Any deposits that you make must be made under the company’s name. If you have a ZuluTrade account, it’s protected by ZuluGuard. You’ll also get additional protection with Margin Call-o-Meter. AAAFx were founded in 2008 and traders generally think that they’re trustworthy.

For example, if you like ZuluTrade, that demo account will let you practice as if you were using real cash in the real trading environment. You will be able to see how the traders that you like are trading. You could start practicing right away without real cash. Lastly, with AAAFx mobile app for iOS, Android, and Windows which also supports in 10 languages, traders can auto-trade forex, CFDs, and indices with security from anywhere, anytime.

This means that your trades go straight through to the market without any broker interference. I find that NDD brokers deliver superior pricing and have minimal slippage. This can be especially important of you are day trading, scalping and automated trading.

I think that the ActTrader platform allows a user to explore a multitude of trading opportunities with tailor-made conditions and the ability to overview everything in as much detail as required. If you do decide to go this route, just be aware that not many brokers provide ActTrader, Fxview being one of them. On the contrary, you will find MT4 available with the majority of brokers. Therefore, if you switch brokers down the link you may need to learn a new platform from scratch which can be annoying. I like that they operate as an ECN broker using the Non-Dealing Desk (NDD) brokerage model.