<p>I didn’t have any single problem with the money withdrawal for many years of cooperation with Aafx Trading. And I have made withdrawals at least 10 times for sure, lately, I’m withdrawing almost every month. I don’t know, what kind of problems people are facing, but I have some doubts that this is broker’s fault – it doesn’t make any sense for them to spoil their reputation just because of a few somebody’s bucks? I withdrew pretty big amounts, and nobody wanted to rob me… Honestly, isn’t it strange? =>Sarcasm<=</p>
<p>I don’t know what so dangerous you found in this broker. When I was going to open an account, I checked the company, learned all the information and reviews, it seemed to me like a pretty reliable broker. As for now, I’m trading for long enough and never had any problems…Personally, I’m satisfied with everything, with trading conditions, with money withdrawal policy – I didn’t have to wait longer than 24 hours even once, and I think, this is the most important indicator of the quality of AAFX Trading service…</p>
<p>I started trading in 2014. At that time, I did not even understand why regulation was needed. This broker was advised to me by my father, who is engaged in trading in a large company. I just looked at the demo account and I liked it.<br>
AAFX is not a scammer. I received all the money that I took out for these 5 years. I have never (!) expected money for more than a day. This broker is trustworthy.</p>
<p>What I find really amazing about all these warnings about the danger of trading with regulated brokerages only is how shallow is the knowledge base of the authors of these topics. Normally, the argument is that offshors are bad, not really explaining why they are bad. They are bad for the economies of the countries who apply over 30-40% taxes to businesses run on their territories. Businesses just goes away and settles at Bahamas. I can’t blame them, can you? )) The other argument in this article is that brokers must be regulated with a decent regulator. Who? SEC? Al right. For over 3 years now SEC has been unable to approve a single cryptocurrency ETF. Best brokerages located in the USA have been trying to break this SEC wall, but were pulling back their proposals one after another. Thousands of traders want to trade crypto ETFs but they can’t, because they live in the US and want to choose a brokerage that is regulated by SEC or some other outstandingly peeky regulator, whose main goal is to protect Uncle Sam’s interests. You can warn us as much as you want, but personally as long as I can get decent trading conditions and withdraw profits to my wallet, I don’t mind AAFX to be registered wherever they find it appropriate.</p>
<p>Quite a shallow vision of a broker. If you keep judging all Forex companies by their regulation and some hyped article, you might end up thinking that honest Forex brokers simply do not exist. Here’s a question though, why do people manage to earn on here all the same – and on AAFX as well? Quite some food for thought, huh.</p>
<p>I don’t know what to think now. I am the current AAFX client and I didn’t know they’ve got an offshore registration. It started bothering me now after I read the article. But on the other hand I was getting my money in time all the time from AAFX. And people here in comments offer some decent explanations on why brokers prefer offshore registrations (taxes and leverage regulations). I’m still confused, but you know, it’s difficult to find another broker like AAFX, so I think for now I’ll just leave it and hope everything will be fine with this broker as it was before I read your opinion.</p>
<p>No trick here, there really are no swaps or overnight commissions here. I understand your uncertainty though! If I haven’t checked myself out, I would have still be in doubts whether there is a pitfall here or not.</p>
<p>As its been mentioned in the article AAFX really does try to minimize operational costs in order to be able to provide best spreads and commissions to their customers. So far they succeed to do so and AAFX has the most fascination offer on the market on spreads. EURUSD pair can be traded with the spread of 0.5-2.0 pips depending on the account type and whether the customer prefers fixed or variable spread. There are no other commissions per trade apart from spreads. This would not have been possible if AAFX was regulated with SEC for example or had fancy offices in London. Most importantly they provide quality services which can be easily found out if you looked at the reviews carefully. I’ve ran through many of them before dared to open an account with this offshore brokerage, and I’ve never seen complaints on withdrawals as it is claimed in the article.</p>
<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>
<p>Can someone please tell me which account is better for fundermetal traders , is it fixed spread account or the ECN account with 0 spread please I need help</p>
<p>I don’t like situations where they start criticizing a company with which they didn’t personally cooperate. Because I, for example, have complaints about brokers, which are listed as the best and recommended. Everything has to be tested in practice. Because I’ve been trading at aafx for a couple of years now and I can say that I’ve never faced more thoughtful and at the same time advantageous working conditions for the client. That’s because they tell you all the details at once, they don’t emphasize that you invest a lot of money, if you are not fully confident in your abilities, every operation is simple and you can easily understand the capabilities of the platform. That’s what I call a comprehensive approach and security. And everything else is up to you.</p>
<p>See that there’s some negative opinions about AAFX brokerage, mainly about it SVG registation. To be fair, I don’t care about any regulations, I don’t like them at all. I was in doubts when I was looking for a broker. I like AAFX list of assets and their features, but I doubt about SVG registation. Finally, I made a decision to trade with AAFX and, to be fair, I’m 100% satisfied. If you think about this, I can make a suggestion – by guided about your own feelings of a broker, as all this regulations are more for regulators itself, not for traders. So think with your own head, not by others.<br>
I’m now thinking to try trading BTCUSD, does anyone know about leverage for crypto there?</p>