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☑️NEW AAFXtrading.com Reviews: SCAM or LEGIT?

Epountic

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I've recently read a Bloomberg article saying that stock market is highy driven with small investors that gained the superpower to invest as littlу as $1 in stocks. So young people joined this stock market race during recent years and they drive the economy, along with the Fed Reserve that pushes cash-rates down to zero, so that people keep investing.
Sounds true. I don't know what's gonna happen now, when S&P has reached the all-time highs again. In any case the fact that it took these stocks to gain in 5 month what earlier took 5 years to gain - that's crazy.
My AAFX account is in cash now and it's said. I want the money to work.
 

77Papa

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Everybody wants the money to work and this seems to be exactly why things are happening this way (as explaines in the article you've mentioned) No matter if you've got just one spare dollar. You want it to work and make another dollar. So I think the investing maddness might continue for a while. This stock rush has just begun.
 

Epountic

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Well, it doesn't look like it's just began to tell the truth. It's been going on for several years already. But I agree, we need to look for some new entry points now. I'm considering BTC at the moment. What a pity that AAFX doesn't give enough leverage for BTC!
 

Epountic

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I prefer when someone write about Forex company or broker , he should write the best thing about the company that we will not find it in any other broker , so please write the advantage and the disadvantage of this company .
Well, the definite advantage of AAFX is that they offer a welcome bonus that you can actually withdraw if you trade actively enough. The bonus is +35% to account in case you trade a large enough volume. If you plan to invest only, or trade non-leveraged stocks, then probably the bonus requirements won't be completed. However, this is a great advantage for daytraders and scalpers particularly.
The second advantage that I can see from the personal experience is that the executions here are very accurate.
As for disadvantages, I didn't find any valuable educational or analytical materials here, that can help new traders.
 

Unigolle

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Advantages are:
- good trading conditions: tight spreads, no commissions, no swaps, etc.
- bonus
- leverage up to 1:2000 - that's probably the most unique feature of AAFX
Disadvantages:
- you can't really scalp freely, as positions must be closed no sooner that 1 min after the trade opening
 

thomkillus

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Stop trading stocks or cryptocurrencies. You should consider investing on small projects. You can support normal people achieve their goals and get revenue doing so. There is this site called MintMe where you can trade creators personalized coin and speculate on project's worth. Then you can exchanges these coins for BTC or ETH.
 

77Papa

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Advantages are:
- good trading conditions: tight spreads, no commissions, no swaps, etc.
- bonus
- leverage up to 1:2000 - that's probably the most unique feature of AAFX
Disadvantages:
- you can't really scalp freely, as positions must be closed no sooner that 1 min after the trade opening

I'd say that 1:2000 leverage can be viewed as both advntage and disadvantage. Very risky for those who don't know how to use it properly.
On the other hand that could also be the cornerstone of some interesgting strategies, so I can't really say this leverage is not a unique advantage as well. Depends on what you plan to do with the leverage.
 

Epountic

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Correct, I forgot about some of these details. Thanks for pointing that out!
Just remembered another advantage - support team here really is very professional and fast. They helped me very much in the beginning to cope with all the settings and getting started overall..
 

Epountic

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Hi guys, I’m making progress. I shifted to currency pairs. I tried EUR/USD and enjoyed the first gains. I worked with 0,3-04 lots. Well, out of 7 trades, 4 turned out to be profitable. Both gains and losses impressed me, but I feel I need special education. I can’t rely on luck and guesswork because I want to preserve my depo. I can’t say that my college sucks but it’s not enough.
 

Ezeigwe92

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investing There is never the problem but the outcome after investment such that it should be A legit one that is paying and worth spending time
 

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Hi guys, I’m making progress. I shifted to currency pairs. I tried EUR/USD and enjoyed the first gains. I worked with 0,3-04 lots. Well, out of 7 trades, 4 turned out to be profitable. Both gains and losses impressed me, but I feel I need special education. I can’t rely on luck and guesswork because I want to preserve my depo. I can’t say that my college sucks but it’s not enough.
Congratulations! I’ve already told that you need systematic approach. Go to specialized resources in the network and get down to study. Here you can hardly grasp the basics of trading.
 

Epountic

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You are right. I will follow your advice. It become more interesting. I’m not going to get back to stocks. It’s getting boring. But I don’t know a lot on the subject and need to catch up.
 

Epountic

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I keep trading currency pairs with AAFX. I had to spend some time mastering essentials and pitfalls of trading and it’s currently paying off!.
 

Epountic

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Well, I faced a sort of crysis with these 0,3-01 lots. First, they inspired me and it felt like everything was OK, but then a series of painful drawdowns hit me. I decided to temporarily reduce my lots to 0,1, open another account with AAFX and distribute 0,1 lots between them. As for the broker, I think it’s a genuine one and I can trust it, but I still need substantial theory and practice.
 

77Papa

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I guess that distribution of lots between the broker’s accounts is a good idea. Thus, you’ll decrease the great psychological pressure bigger lots put on you.
 

Epountic

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I opened one more account with AAFX. I will use these two accounts not only to distribute 0,01 lots between them but also to compare their performance. My first one is a fixed one, while the second is an ECN account. I trust AAFX and hope to benefit from both accounts.
 

Epountic

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I know. I’m looking forward to testing my lot distribution. I’ve already deposited $200 on the second account. We will see how it goes..
 

Epountic

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The very idea of opening another account turned out to be absolutely right. It gives me some freedom of maneuver. I just mean that with my current limited systematic knowledge of trading, I had to rely on my gut feeling and a bunch of tactical tricks. The use of an extra trading account is one of them. So, when I fail to correctly forecast the market and I see that the trading position opened by me is already burning my depo. So, I can timely close that trade and open one more trade on another account but in the opposite direction.
By the way, I have already done this on my both AAFX accounts. I lost an insignificant amount on my Fixed account but managed to earn on the ECN one.
 

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