Thursday, November 5, 2015

Best Forex Brokers:AAAFx Review

Best Forex Brokers:AAAFx Review

AAAFx, founded in 2008 is a Forex broker incorporated with the ZuluTrade Forex signals programs and systems. Its main headquarters is situated in Athens, Greece and it is EU regulated and licensed. AAAFX provides a huge range of currency pairs and engages in metal and oil trading activities.
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AAAFx was founded in 2008 and its headquarters is in Athens, Greece (member of the European Union). Currently employing 80+ people, within the past two years the company has successfully opened thousands of live accounts from 176 countries globally.

We offer in-house live customer support-trading desk 24 hours/ 7 days a week, in 13 languages. Our main focuses are to offer both an exceptional trading experience and outstanding customer support. AAAFx is regulated in Europe, registration no. 2/540/17.2.2010.
Tax Identification Number : 998281207

Accounts

There seems to be only one standard individual platform at AAAFx with a minimum deposit requirement of $300. it is possible to open an Islamic account with zero swaps for religious reasons. Anyone of Islamic faith can apply for a swap-free account; the only restriction is that a regular (non-Islamic) account cannot be held at the same time as an AAAFx account.
Institutional clients are welcome at AAAFx. The required deposit for an Institutional Account with favorable spread starts from $100,000 USD. There is also a corporate account for business clients.
I was pleased when doing this AAAFx review to see that there was a demo account available for beginner traders who need to practice their skills before trading in a live account for real money. No additional details were given about the demo account.

Platforms

Due to its partnership with the Zulu Trade platform, AAAFx provides auto-trading services without any cost to its valued customers. Trade execution on this platform is quick and easy and trading is available on all mobile devices.
AAAFX also uses the popular MetaTrader 4 platform.

Features

AAAFx offers its customers varying spreads ranging from as low as 0.5 pips for EUR/USD and a leverage ratio of 200:1.There is a 10% bonus on the initial deposit, allocated upon request. The bonus is available for trading or withdrawal upon completion of an applicable number of round turn Lot requirements. Hedging and scalping are allowed and U.S. customers are permitted to open an account.
AAAFx is directly integrated with Zulutrade.com, the largest free social network with over half a million users and 100,000 registered strategies. Being part of a social network can be beneficial to any account holder. Expert Advisors (EA’s) are also welcome.
Their Rollover Calendar posts the interest paid or earned on positions held overnight in currency markets, typically any position held at 5pm EST. This is sometimes referred to as "rollover", "swaps", or "TOM/Next".
AAAFx Zulutrade Auto Trading
I was surprised to find that there was no mention of any educational features offered at AAAFx. The only promotion I found was the Join our Referring Broker program where AAAFx referring brokers can earn from $100 up to $1 million per month depending on the number of their clients.
Customer service is available in 15 languages 24/7 through email, telephone and chat.
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