AAFXTrading is a forex broker. AAFX Trading offers the VertexFX and MT4 forex trading platforms. AAFXTrading.com offers over 40 forex currency pairs, indices, oil, stocks, commodities, gold, silver and other precious metals for your personal investment and trading options.
I haven't been much time with AAFX Trading but until now I am really impressed. They offer real negative balance protection. They have really tight spreads (with only exception some European indices like Spain and fra40 which have extremely high spreads, I don't know why). They offer the choice of fixed (and again relatively low!) spreads in fixed account. And at last but not least, they provide really FAST withdrawals without any issues. I was a little skeptical about them because it's not a well known broker, but I can say that I would recommend them as they are much more decent in comparison with many well known brokers who don't deserve it for sure.
Arend Griffioen May 8, 2016
Today I opened a sell position of 11.75 standard lots on the EURUSD at the moment of NFP release. It was opened at the price of 1.11465. My bet was on the correct side as the EURUSD went down. So I was happy to see around 4k euro paper profit, when suddenly after 30 seconds a weird spike occurred on the EURUSD. In a flash the price went to 1.1200 and then back again to the price where it was at the moment before it. So when I looked at the price of the EURUSD at other brokers, this weird spike didn't seem to occur there. That's when I decided to contact aafxtrading via their live chat. The chat is pasted below: Chat started AAFXTrading Online Support : Welcome to AAFXTrading ! How may I assist you? You ‰ÛÓ Please update your info Hi, I have a question about my trade 5 minutes ago AAFXTrading Online Support : provide me your account number and the trade ticket number please. You ‰ÛÓ Please update your info 2121158587 order is 12649835 AAFXTrading Online Support : one moment please Ok what is the problem ? Tell me please. You ‰ÛÓ Please update your info ok so it was a trade on the EURUSD AAFXTrading Online Support : I see You ‰ÛÓ Please update your info and it suddenly spiked real quick after 30 seconds but I dont see this spike on other brokers sites it caused my position to close AAFXTrading Online Support : one moment please Ok the spike to 1.1200 was wrong but the market traded to 1.1158 so we adjust that in your account. The system did the correct automatically. You ‰ÛÓ Please update your info what does that mean for my position ? AAFXTrading Online Support : In any case you have to much volume to sustain in the market. If the account adjust back to normal it will decrease the negative balance. Otherwise the negative balance would having been high. But we adjust back the wrong tick of 1.1200 back to where the market really traded too. Furthermore, Since we cover negative balance protection so the system will adjust the negative balance also. You ‰ÛÓ Please update your info i dont understand what youre saying i opened the position at 1.11465 AAFXTrading Online Support : You opened the position at 1.11465 and the NFP comes market get volatile and spreads get widen and market traded to 1.1158 You had 11.75 Standard lot Which comes into against the market price and account get liquidated. I don't see anything wrong in the trading activity. Only the spike to 1.1200 was wrong and adjusted back to the real traded price. And you don't have to worry about the negative balance. Since we protect negative balance the system will adjust it automatically. You ‰ÛÓ Please update your info so youre saying that spread can get more than 100 pips during news announcements AAFXTrading Online Support : The spreads cannot go to 100pips But it can get widen to 20 25 pips depending on the market conditions. During BREXIT it was 35pips weiden widen in GBP pairs. If you want Fixed spreads i suggest you to open fixed account. The spreads will be fixed under all market conditions. You ‰ÛÓ Please update your info i still dont understand why my account first said that i had a profit of about 4k euros and suddenly the spike came and my account was in negative balance AAFXTrading Online Support : Provide me your phone number and i will ask the account manager to contact you and explain You ‰ÛÓ Please update your info but will he tell me a different story than you just told me? AAFXTrading Online Support : There is no story the market went down after you open position and then went up again in terms of spreads and volume. You ‰ÛÓ Please update your info in terms of spreads and volume AAFXTrading Online Support : If you want us to investigate further in terms on timings we will do that and get back to you. You ‰ÛÓ Please update your info but why did i have 4k profit and then suddenly negative when the spike occurred you cannot explain that by spreads AAFXTrading Online Support : I will submit a ticket now to backoffice and they will get back to you. Since i don't have enough information but i can see the market traded to that price where your position closed. You ‰ÛÓ Please update your info ok, please AAFXTrading Online Support : sure You ‰ÛÓ Please update your info what will you exactly tell them? AAFXTrading Online Support : I will submit now and they will get back to you with in 24hours. I will give them ticket number of the trade and ask them to investigate it simple. You ‰ÛÓ Please update your info yes, but can you also tell them why the position closed after the 'wrong' spike while i had 4k paper profit ask them* AAFXTrading Online Support : sure I will mention that too Is there anything else I can do to help today? You ‰ÛÓ Please update your info no, that's it thank you for your help AAFXTrading Online Support : Thank you for choosing AAFXTrading as your trading partner. Have a grea
n/A April 14, 2014
n/A
n/a April 14, 2014
Today I opened a sell position of 11.75 standard lots on the EURUSD at the moment of NFP release. It was opened at the price of 1.11465. My bet was on the correct side as the EURUSD went down. So I was happy to see around 4k euro paper profit, when suddenly after 30 seconds a weird spike occurred on the EURUSD. In a flash the price went to 1.1200 and then back again to the price where it was at the moment before it. So when I looked at the price of the EURUSD at other brokers, this weird spike didn't seem to occur there. That's when I decided to contact aafxtrading via their live chat. The chat is pasted below: Chat started AAFXTrading Online Support : Welcome to AAFXTrading ! How may I assist you? You ‰ÛÓ Please update your info Hi, I have a question about my trade 5 minutes ago AAFXTrading Online Support : provide me your account number and the trade ticket number please. You ‰ÛÓ Please update your info 2121158587 order is 12649835 AAFXTrading Online Support : one moment please Ok what is the problem ? Tell me please. You ‰ÛÓ Please update your info ok so it was a trade on the EURUSD AAFXTrading Online Support : I see You ‰ÛÓ Please update your info and it suddenly spiked real quick after 30 seconds but I dont see this spike on other brokers sites it caused my position to close AAFXTrading Online Support : one moment please Ok the spike to 1.1200 was wrong but the market traded to 1.1158 so we adjust that in your account. The system did the correct automatically. You ‰ÛÓ Please update your info what does that mean for my position ? AAFXTrading Online Support : In any case you have to much volume to sustain in the market. If the account adjust back to normal it will decrease the negative balance. Otherwise the negative balance would having been high. But we adjust back the wrong tick of 1.1200 back to where the market really traded too. Furthermore, Since we cover negative balance protection so the system will adjust the negative balance also. You ‰ÛÓ Please update your info i dont understand what youre saying i opened the position at 1.11465 AAFXTrading Online Support : You opened the position at 1.11465 and the NFP comes market get volatile and spreads get widen and market traded to 1.1158 You had 11.75 Standard lot Which comes into against the market price and account get liquidated. I don't see anything wrong in the trading activity. Only the spike to 1.1200 was wrong and adjusted back to the real traded price. And you don't have to worry about the negative balance. Since we protect negative balance the system will adjust it automatically. You ‰ÛÓ Please update your info so youre saying that spread can get more than 100 pips during news announcements AAFXTrading Online Support : The spreads cannot go to 100pips But it can get widen to 20 25 pips depending on the market conditions. During BREXIT it was 35pips weiden widen in GBP pairs. If you want Fixed spreads i suggest you to open fixed account. The spreads will be fixed under all market conditions. You ‰ÛÓ Please update your info i still dont understand why my account first said that i had a profit of about 4k euros and suddenly the spike came and my account was in negative balance AAFXTrading Online Support : Provide me your phone number and i will ask the account manager to contact you and explain You ‰ÛÓ Please update your info but will he tell me a different story than you just told me? AAFXTrading Online Support : There is no story the market went down after you open position and then went up again in terms of spreads and volume. You ‰ÛÓ Please update your info in terms of spreads and volume AAFXTrading Online Support : If you want us to investigate further in terms on timings we will do that and get back to you. You ‰ÛÓ Please update your info but why did i have 4k profit and then suddenly negative when the spike occurred you cannot explain that by spreads AAFXTrading Online Support : I will submit a ticket now to backoffice and they will get back to you. Since i don't have enough information but i can see the market traded to that price where your position closed. You ‰ÛÓ Please update your info ok, please AAFXTrading Online Support : sure You ‰ÛÓ Please update your info what will you exactly tell them? AAFXTrading Online Support : I will submit now and they will get back to you with in 24hours. I will give them ticket number of the trade and ask them to investigate it simple. You ‰ÛÓ Please update your info yes, but can you also tell them why the position closed after the 'wrong' spike while i had 4k paper profit ask them* AAFXTrading Online Support : sure I will mention that too Is there anything else I can do to help today? You ‰ÛÓ Please update your info no, that's it thank you for your help AAFXTrading Online Support : Thank you for choosing AAFXTrading as your trading partner. Have a grea