Forex Broker General Information
AAAfx was established in the year 2008. Based at Athens, Greece, they created a close working collaboration with the free Forex signal provider, Zulutrade Company. This Forex broker is regulated by the HCMC and as a registered broker, they have a huge credibility in the market. The leading features of this online broker are described here for your guidance.
When we talk about AAAfx forex broker we can not forget Zulutrade platform. you can read here more about Zulutrade AAAfx forex broker.
This is new Zulutrade review video:
You can visit Zulutrade website and connect you account with forex broker account very easy.
AAAfx runs on the MT4 trading platform. There is complete integration between AAAfx and ZuluTrade, the later being the leading automated Forex trading platform. You can even choose to either trade manually or use the ZuluTrade platform. If you are seeking to follow the leading traders on the planet, it would be best to sign-up with this online broker and find the top traders here. You would find that the orders of these traders are automatically placed in your account.
Crucially, there is proper covering of your account and you are able to limit the number of open lots for each trader. Else, there is a higher risk of running into a margin call. As a customer, you would find that it is entirely free to trade with AAAFX, but for the low spread.
Even though, you can start trading with a starting account of $300, it is recommended to have an account of at least $5,000 so as to last for a longer draw down. You can hold your account in USD or EUR, as per your convenience, and the lowest lot size is 1,000.
How to use Zulutrade platform video :
About prices on Zulutrade:
How to connect Zulutrade signal provider platform to MT4 account step by step video :
AAAFX offers a bonus of 10% when you make the first deposit, without any re-quotes.
As the minimum deposit is $300, the amount of bonus you would be getting is $30. And, the maximum bonus amount is $3,000. However, you would have to trade a few lots before you are able to withdraw money from your account. For example, if you are making the minimum deposit of $300, it would be required to trade at least 3 lots before you can withdraw the bonus amount as well.
One of the most promising features from this online broker is its extremely lucrative spreads from 1.5 pips for EUR-USD. When you start running an Expert Advisor, you are able to earn huge amount of money while other traders are going to follow your trades on the ZuluTrade platform.
AAAFX enables you to trade foreign exchange on MT4 with a dramatic 200:1 leverage, meaning you are able to mobilize as much as 200 times of the deposit amount.
Mirror Trading or auto trading
AAAFX has been automatically integrated with ZuluTrade, which is the biggest peer2peer autotrading platform available for free.
AAAFX has a strong presence on the social network sites such as Facebook and Twitter.
AAAFX enables you to trade with as little a deposit as $300. They accept payment through all the major credit cards and even through bank wire transfers.
This online broker offers professional customer support 24 hours a day and 7 days through the week in 14 languages. They can be reached through Live Chat, e-mail support or phone support.
For a novice forex trader, everything about trading carries a question mark; is this trading strategy any good? Should I invest more or less? Should trade with a lot of risk and expect greater return, or not? Is this the right broker for me? The only thing to do to become an experienced trader, and stop being a novice one is to let time do its thing. But in order to become a successful trader, you need to get certain things done. Primarily, learn as much as you can about what the forex market is, what happens, why certain things happen, what circumstances lead to what scenario and so on.
However, there is a very popular place for novice traders; a social network. Here, we will talk about a very popular one of the kind, ZuluTrade.
Zulu Trade and Social Trading
Zulu Trade is a highly popular trading social network where traders exchange their trading strategies and trading systems, as well as trading invests, however, not in a way that they publish on their “walls” what they do or something like that. Here, everything can be automatically set. Therefore, you don’t need to worry that someone wrote some gibberish – what you see here is all real stats and action. The main characteristic of likes of ZuluTrade is that it allows you as a total amateur to follow and copy a professional or more experienced trader and do exactly what they do. Zulu let’s you watch and analyze traders and their action, and you can chose the one that does what you think is good, and with a couple of clicks, you can set to follow and do exactly what they do. However, before we go any further, you must know that in order to successfully choose whom you will follow, you’ll need to know what in general is good, so experience is needed for better results.