AAAFx Review 2022: Pros, Cons, and Ratings

AAAFX is suited for both manual traders and the users of ZuluTrade’s social and copy trading platform. For example, a client deposits $300 with his credit card and $400 via bank wire. This account type is recommended for any user, novice or advanced, since you may start trading via ZuluTrade (no MT4 available) by selecting the Traders you wish to follow and by setting your capital protection amount.

  • If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market.
  • The fully functional demo account lets you find out how this inventive platform works letting you see and copy the trading experts.
  • You will need to open a Live AAAFx account and select the trading platform (ZTP or MT4) of your preference to start trading.
  • AAAfx may open up to 10 accounts per individual, irrespective of the base currency used.
  • Profit sharing accounts are subject to a monthly performance fee per selected trading system.

Profit distribution Accounts are dedicated solely to copy-trading via the ZuluTrade Platform. Available for both new and experienced traders, this account can only be opened via ZuluTrade. It charges a commission of $5 per side per standard lot traded. Hercules.Finance is a financial education website powered by a team of Financial Specialists and IT experts, mainly introduce solutions of Forex, CFD and Commodity Investment, and a number of Payment Services. With more than 30 partnered companies all over the world, Hercules.Finance offers trusted and timely information for Investors and Users of the services. For more latest information of the website, please visit hercules.finance.

Social and Copy Trading – AAAFx and ZuluTrade

Trading spot currencies involves substantial risk and there is always the potential for loss. Because the risk factor is high in the foreign exchange market trading, only genuine “risk” funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market. Forex Brokers and ZuluTrade are compensated for their services through the spread between the bid/ask prices or there may be a cost to initiate a trade through the bid/ask spread. Profit sharing accounts are subject to a monthly performance fee per selected trading system.

All AAAFx accounts can be automatically linked to a ZuluTrade account, free of charge, without any commissions. To signup and open a Forex trading account with AAAFx, forex broker reviews follow the steps below. The registration is free and reduced commission scheme applies ($15 instead of $20 commission per round turn standard lot traded).

Traders with religious principles can take advantage of AAAFx International’s Islamic accounts. However, traders can’t open an Islamic and a non-Islamic account at the same time. It supports over 30+ technical tools, 50 + indicators, 9 timeline options. The MT4 trading platform is available on AAAFx’s website, and you can download it for free. The remaining of the client’s withdrawal ($200) will be returned to next in order available deposit method used, in this case via Bank Wire to his designated bank account. You can have your funds allocated into your investment account with AAAFx Instant Deposit method instantly, with no delays at all.

You will need to open a Live AAAFx account and select the trading platform (ZTP or MT4) of your preference to start trading. This column explains everything about the process through account opening, fund deposit & withdrawal, account login and trading Forex with AAAFx. No “safe” trading system has ever been devised, and no one can guarantee profits or freedom from loss. This is why AAAFx has minimal commissions for traders who decide to link their account to ZuluTrade. AAAFx is an international crypto forex broker, offering lower spreads and fast trade execution in forex, indices, commodity, cryptocurrency and stock cfds.

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AAAFx’s ZuluTrade demo account gives you everything you need to simulate trades with confidence based on real data, with the community of traders to follow. Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.

Account Opening

With AAAFx the minimum deposit is $300, and you will be able to deposit in a number of currencies including USD, EUR, and GBP. If you have opened an AAAFx MT4 account, you will need to go to ZuluTrade’s website and open an account with them (Your capital is at risk when trading CFDs). If you are not sure about the quality of the broker you can also open a demo account, but you will not be able to link it to ZuluTrade.

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You can also open a ZuluTrade Demo Account to experience ZuluTrade’s auto trading platform. For demo trading, traders can choose the MT4 trading platform for both forex and CFDs. AAAFx International allows you to begin trading with as little as $300. You can deposit funds via Bank Wire, which is available worldwide. Depending on your funding option, your funds may reflect in your account instantly or take up to 1 business day.

So you can practice as if you were in a real trading environment. Then hit the ground running when you are ready to trade in a live environment. The General Data Protection Regulation (GDPR) lays down a legal framework that sets guidelines for the collection and free movement of personal data of individuals within the European Union (EU). Initially, please log into your web account and click on “Funds” and then “Deposits”. The available electronic payment methods are Moneybookers (Skrill), Neteller, EPS, iDeal, GiroPay, DirectPay/Sofort, TeleIngreso, Przelewy24 and Qiwi. In the case of Corporate Accounts, the wiring account holder name must be that of the corporation.

Fees and Commissions of trading with AAAFX

Deposits from other individuals cannot be accepted, including first degree relatives. Please note that the name of the wiring account holder must be the same as the name of the AAAFx account holder. If you have an existing account, please log into your web account, and then click on “Funds” and then “Deposit”. AAAFx spreads are variable, fluctuating with market changes but always among the lowest in the Forex Market.

Instant deposit transactions are subject of a clearance procedure by Wirecard – all major bank cards are accepted with the exception of Maestro and American Express Cards. You may deposit up to $4000 per transaction, $8000 per calendar month via credit/debit/prepaid card. Deposits exceeding $8000 will not be credited directly into your account and will be cashed out next calendar month. AAAfx may open up to 10 accounts per individual, irrespective of the base currency used. If you have reasons to apply for additional accounts, please email them your request.

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