<p>I see that many people have already signed off on the fact that the American or European license is much more expensive and it isn’t profitable for the broker. And it is true. I can only agree here. This is the rule of any business. A consumer is looking for an opportunity to maximize his profit, and a businessman (in our case a broker) is looking for its own. And it is so. From this point of view, offshore registration is beneficial both for AAFX and for the trader. The first one pays less taxes and can provide more flexible services, while the second receives better quality services and pay less commissions.<br>
But there is one more thing that many people miss. This is why offshore registration is considered a drawback. And what is an offshore company at all? This is a country or territory with special business conditions for foreign companies, usually with lower taxes and fees. Of course, I can say, “Oh, yeah, that’s bad, they don’t pay taxes”. But to what country should AAFX pay taxes on our money? Maybe it should pay them to the US or German government? And here we come to the most important thing. Offshore is not a bad thing, it’s just the same country as the ones called “reputable” in this article. Now the economy has become global and any business chooses the jurisdiction that will allow it to provide the best services. Of course, the U.S. doesn’t like it, which actively promotes the idea that offshore companies should be banned. But it directly contradicts the rules of free capital movement.<br>
As for the AAFX as a broker. I personally trade with this company and my 3 friends as well. None of us has had a single problem for years. All orders were executed very quickly and withdrawal of funds didn’t take more than a couple of days. So ask yourself the question: is registration important? Or is the company’s reputation important? Because the reputation of AAFX speaks in favor of that company.</p>
Replies 2
DakarReply
★★★★★
<p>If someone will ask me what I prefer – trading with tight spreads, high leverages and getting payments within 2 days, or high spreads, low leverages, but “regulations” I will choose tight spreads. You’re right that reputation is much more important than regulations. I know a lot of cases when regulated by the US SEC companies make fraud and some kind of scamm actions. So that’s not a guarantee. You just need to be guided with own mind and broker’s reputation. And as I know (and my experience confirms that) – AAFX has good reputation/</p>
<p>That’s true, I’ll prefer have a tight spreads and 1:2000 leverage, not a ghostly regulations, I know that AAFX has good reputation and always pay in time and answer any questions with perfect speed. I think that there is no need in rehulations and the best thing is the reputation. And I can say that AAFX build strong one…</p>