Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

blink

AAAFX Forex Broker

Recommended Posts

AAAFX is a rather new broker, mainly associated with zulutrade.

I have a micro live account with them, because i wanted to see how it works with zulu, since they claim they are directly integrated with them and there is minimal slippage.

 

I have to say that so far most things go well. Slippage is low, the most ive seen is 2pips on some news trades, spreads are around 2.5pips on majors. And there is no extra commission for connecting to zulutrade.

I will update this thread.

If anyone has more experience with this broker, please share.

Share this post


Link to post
Share on other sites

Hi, no personal experience with them, but im a zulutrade user and zulu seems to promote them more than other brokers.

So i was also wondering if its worth switching with them? Do they make a difference with the big brokers, eg FXCM, FXDD etc?

Share this post


Link to post
Share on other sites

blink, how has it been going with AAAfx and Zulutrade these past weeks? I've been running demo on ZT for a few weeks, and I'm looking for the best broker to use for a live account.

 

I'm based in the US. Are you?

 

Thanks!

ENG

Share this post


Link to post
Share on other sites

Hi!

Im very careful and conservative in my trading, my main concern was if I would have high slippage or connection problems. So far I have a slippage of max 2 pips and no disconnections so far. My provider is doing around 3 trades/day, i think this is enough to keep my balance safe.

Im located in Czech Republic, but I think AAAFX also accept US residents...i dont know you may have to ask them first :)

Share this post


Link to post
Share on other sites

Hello

I have a account with this broker and its look fine. On their website AAAFx. You can find live chat -where they can answer on each question.

 

I have question if someone have a islamic account (no-swap) with this broker? And if can compare if spread is the same or bigger at the same time?

Share this post


Link to post
Share on other sites

Ive asked them and they said they will still accept US accounts despite the CFTC regulation, with 200:1 leverage and hedging.

As far as performance, my account is slowly growing, not something impressive, but as I said im trading very conservatively

Share this post


Link to post
Share on other sites

I foun that mostly the spread is lower then 2,4 pips (1,8-2,2) on EUR/USD. On the other paar is similar.

Its funny that they have many addresses like aaafx.it, aaafx.de, aaafx.us but no so many translations :)

Share this post


Link to post
Share on other sites

Hi

I have Live account from 4 months on AAAFx.co.uk. Previously I had an accounts at InterbankFx, Oanda and FxPro.

Generally I'm positive surprised with this broker. The spread on EUR/USD is a little big (generally 1,8-3 ) but on the other pairs its quite good ( GBP/USD is around 3 pips, GBP/JPY around 4-5 pips). By this time I made 380 transaction and have no one requotes (but sometimes on heavy movements ,but very rare , the open price is lover/higher (about 10 pips) then in moment when I was sending orders). Even in this situations that is much better then to have many requotes (as it was with InterbankFx or Oanda and now often with FxPro). Through this fast movements the spreads are not so match wider on AAAFx.co.uk account than it was with Oanda and Interbank. FxPro was very good at the beginning but now is much worse (I hope that AAAFx.co.uk don't plan to go the same way).

I found this broker (AAAFx.co.uk) as a good propositions to start on forex market (for more experienced users it can be a little low number of instruments - without indexes, futures, metals and so on). For beginners and this people ho don't have a time to search the good possibilities to open the positions themselves it can be interesting connection with Zulutreade.com - this broker don't make You spread wider after connection (as is with other brokers). But always You must remember about Money Management and control the positions - on Zulutreade.com providers are only a people (with all advantages and disadvantages)

Share this post


Link to post
Share on other sites

Hi

Yesterday night spreads on aaafx.co.uk was:

batween 20-22 (GTM) was 2,7 - 5 pips (5 pips was occasionally main was 3- 3,9 pips)

between 22-6 (GTM) I'll check 4 times and it was 2,7-2,9 pips

Share this post


Link to post
Share on other sites

Hi

They reduced spreads in all currency pairs. Examples:

EUR/USD 1.5 pips

EUR/JPY 2.1 pips

GBP/USD 1.9 pips

USD/JPY 1.9 pips

USD/CHF 1.9 pips

 

And now they have more language versions: aaafx.de, aaafx.es, aaafx.it and more

Share this post


Link to post
Share on other sites

Update:

Their average spreads during Euro trading time are:

EUR/USD 2.0

EUR/JPY 2.5 I saw a bit more during news releases

GBP/USD 2.1

 

Havent had time to test during US or Asia trading hours

Share this post


Link to post
Share on other sites

Update:

Got a mail saying that they also added CFDs, oil, gold and silver, but not through the zulutrade platform. So anyone thats interested in trading these products and have an account with them, can do it

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • How's about other crypto exchanges? Are all they banned in your country or only Binance?
    • Be careful who you blame.   I can tell you one thing for sure.   Effective traders don’t blame others when things start to go wrong.   You can hang onto your tendency to play the victim, or the martyr… but if you want to achieve in trading, you have to be prepared to take responsibility.   People assign reasons to outcomes, whether based on internal or external factors.   When traders face losses, it's common for them to blame bad luck, poor advice, or other external factors, rather than reflecting on their own personal attributes like arrogance, fear, or greed.   This is a challenging lesson to grasp in your trading journey, but one that holds immense value.   This is called attribution theory. Taking responsibility for your actions is the key to improving your trading skills. Pause and ask yourself - What role did I play in my financial decisions?   After all, you were the one who listened to that source, and decided to act on that trade based on the rumour. Attributing results solely to external circumstances is what is known as having an ‘external locus of control’.   It's a concept coined by psychologist Julian Rotter in 1954. A trader with an external locus of control might say, "I made a profit because the markets are currently favourable."   Instead, strive to develop an "internal locus of control" and take ownership of your actions.   Assume that all trading results are within your realm of responsibility and actively seek ways to improve your own behaviour.   This is the fastest route to enhancing your trading abilities. A trader with an internal locus of control might proudly state, "My equity curve is rising because I am a disciplined trader who faithfully follows my trading plan." Author: Louise Bedford Source: https://www.tradinggame.com.au/
    • SELF IMPROVEMENT.   The whole self-help industry began when Dale Carnegie published How to Win Friends and Influence People in 1936. Then came other classics like Think And Grow Rich by Napoleon Hill, Awaken the Giant Within by Tony Robbins toward the end of the century.   Today, teaching people how to improve themselves is a business. A pure ruthless business where some people sell utter bullshit.   There are broke Instagrammers and YouTubers with literally no solid background teaching men how to be attractive to women, how to begin a start-up, how to become successful — most of these guys speaking nothing more than hollow motivational words and cliche stuff. They waste your time. Some of these people who present themselves as hugely successful also give talks and write books.   There are so many books on financial advice, self-improvement, love, etc and some people actually try to read them. They are a waste of time, mostly.   When you start reading a dozen books on finance you realize that they all say the same stuff.   You are not going to live forever in the learning phase. Don't procrastinate by reading bull-shit or the same good knowledge in 10 books. What we ought to do is choose wisely.   Yes. A good book can change your life, given you do what it asks you to do.   All the books I have named up to now are worthy of reading. Tim Ferriss, Simon Sinek, Robert Greene — these guys are worthy of reading. These guys teach what others don't. Their books are unique and actually, come from relevant and successful people.   When Richard Branson writes a book about entrepreneurship, go read it. Every line in that book is said by one of the greatest entrepreneurs of our time.   When a Chinese millionaire( he claims to be) Youtuber who releases a video titled “Why reading books keeps you broke” and a year later another one “My recommendation of books for grand success” you should be wise to tell him to jump from Victoria Falls.   These self-improvement gurus sell you delusions.   They say they have those little tricks that only they know that if you use, everything in your life will be perfect. Those little tricks. We are just “making of a to-do-list before sleeping” away from becoming the next Bill Gates.   There are no little tricks.   There is no success-mantra.   Self-improvement is a trap for 99% of the people. You can't do that unless you are very, very strong.   If you are looking for easy ways, you will only keep wasting your time forgetting that your time on this planet is limited, as alive humans that is.   Also, I feel that people who claim to read like a book a day or promote it are idiots. You retain nothing. When you do read a good book, you read slow, sometimes a whole paragraph, again and again, dwelling on it, trying to internalize its knowledge. You try to understand. You think. It takes time.   It's better to read a good book 10 times than 1000 stupid ones.   So be choosy. Read from the guys who actually know something, not some wannabe ‘influencers’.   Edit: Think And Grow Rich was written as a result of a project assigned to Napoleon Hill by Andrew Carnegie(the 2nd richest man in recent history). He was asked to study the most successful people on the planet and document which characteristics made them great. He did extensive work in studying hundreds of the most successful people of that time. The result was that little book.   Nowadays some people just study Instagram algorithms and think of themselves as a Dale Carnegie or Anthony Robbins. By Nupur Nishant, Quora Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • there is no avoiding loses to be honest, its just how the market is. you win some and hopefully more, but u do lose some. 
    • $CSCO Cisco Systems stock, nice top of range breakout, from Stocks to Watch at https://stockconsultant.com/?CSCOSEPN Septerna stock watch for a bottom breakout, good upside price gap
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.