Slippage is the difference between the price at which the order has been placed and the price at which it has been executed by the broker. The less slippage you get, the better your trading results will be.
Our slippage data about AAAfxis sampled by 10 of the most popular forex trading strategies in Zulutrade.com.
Kama-spot is a forex trading strategy, based on technical analysis. It trades mainly EUR/USD, GBP/USD and USD/CHF
Average profit: 14.0 pips
Average trade lifespan: 19 hours
Most traded pairs: EUR/USD, GBP/USD and USD/CHF
Average profit: 16.0 pips
Average trade lifespan: 1 day
Average profit: 9.0 pips
Average trade lifespan: 5 hours
Average pips/trade: 5.0
Average trade lifespan: 18 hours
Average pips/trade: 12.0
Average trade lifespan: 15 hours
Average profit: 28.0 pips
Average trade lifespan: 3 days
Average profit: 22.0 pips
Average trade lifespan: 13 hours
Average pips/trade: 9.0 pips
Average trade lifespan: 1 day
Average profit: 9.0 pips
Average trade lifespan: 11 hours
Average profit: 10.0 pips
|Account type||Minimum deposit||Minimum trade size||Maximum leverage||Spreads (& commission)|
|Standard||$300||0.01||1:500||0.2 pips + $10 per lot per side|
AAAFx offers its clients a single account with leverage up to 1:500, variable and the option to trade in micro lots on the popular Metatrader 4, that is fully integrated with the largest Social Trading Network, Zulutrade. Therefore, no commission is charged for trading signals.
Besides, anyone of Islamic faith can apply for a swap-free (Islamic) account with AAAFx.
Triple A Experts Investment Services S.A.
AAAFx offers online trading in over 50 currency pairs, indices, oil, metals and binary options. If you are copy-trader using ZuluTrade, then AAAFx is an excellent choice for you as AAAFx is, in fact, ZuluTrade's own brokerage, operating out of Athens, Greece. Being a Greek broker licensed by the Hellenic Capital Market Commission (HCMC), Triple A Experts Investment Services S.A. falls under European Union regulations so investors are better protected.
In accordance with EU financial regulations, client funds are segregated from the company’s operational funds. Besides, the compensation payment to investors for liabilities arising from the provision of investment services is governed by the provisions on the Investor Compensation Fund. The coverage amount for the investment services offered to the Client comes up to thirty thousand (30,000) EUROS per person.
The companies licensed by HCMC are also required to abide by ESMA guidelines on the sale of complex products where online forex is specifically mentioned as such. As a EU-regulated broker, AAAFx is entitled to offer cross-border services within the Union under the MiFID Passporting Regime.
Minimum Initial Deposit
In order to open a live account with AAAFx you have to deposit $300, which is average for the market.
Spreads & Commissions
AAAFx`s sole account provides tight variable spreads, averaged 0.2 pips on EUR/USD, however salty commission of $10 per standard lot applies. So, average cost of trading for this pair is around 2.2 pips per lot, while most brokers provide spreads within the range of 1.0 – 1.5 pips.
The maximum leverage level offered by AAAFx is 1:500, which is a high ratio. Yet, many brokers provide leverage equal to or exceeding 1:500. Keep in mind, however, that high leverage levels involve greater risk. That is why both CySEC and FCA undertook measures to restrict leverage levels provided by regulated brokerages.
Platform-wise, there are no surprises with AAAFx here: you can trade with Metatrader 4 (MT4) and take advantage of all its goodness, such as for example Expert Advisors (EAs). The platform is available as desktop and mobile versions for Android and iPhone, which is a bummer for Mac and Linux users with Windows Mobile phones as they won't be able to trade with AAAFx.
AAAFx also offers the web-based ZuluTrade Platform, equipped with technical analysis indicators (Trend, Oscillators, volatility, volumes, Bill Williams etc.) and charts (Candlesticks, OHLC, lines) you can tailor according to your trading requirements. In addition, ZuluScripts™ allows trading robots to be used or developed via your own algorithms to run your trading strategies.
Whether you are a manual trader or choose to trade signals, you would be happy to know that with this broker you can use pretty much any trading strategy, including scalping and hedging.
AAAFx is a generous broker that offers a number of promotions:
- up to 30% BONUS on all deposits (of at least $500);
- $100 Refer-A-Friend Bonus;
- $25 Welcome bonus.
Unlike most brokers, AAAFx does not offer a variety of deposit and withdrawal methods: bank wire transfer, credit/debit cards and e-wallet Skrill, Neteller, Sofort, giroPay, iDEAL, QIWI, Przelewy24, EPS, and Teleingreso.
AAAFX, owned by Zulutrade, is a reputable, Greek-registered forex and binary options broker that has been active in the Forex industry since 2008. Our may concern with AAAFX is that it charges salty commission fees. To sum up the above, here are the advantages and drawbacks with regards to this broker:
|EU regulated broker||Salty commission fees|
|STP execution available|
FXTM is a EU regulated forex broker, offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $1 and take advantage of tight fixed and variable spreads, 1:1000 leverage and swap-free accounts.
FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
HY Markets is global forex broker with more than 30 years of operational experience, regulated by FCA in the UK. Trade Forex with spreads as low as 1.8 pip
XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
easyMarkets is a CySEC and ASIC regulated broker offering access to over 300 trading instruments, tight fixed spreads, no slippage and a 50% deposit bonus.
FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.
Grand Capital is a MT4 forex broker, offering $500 no deposit bonus and 40% bonus on all deposits.
|Cyprus||CySec||MT4, MT5, Web||$5||Review Website|
|US, UK, Australia||CFTC/NFA, FCA, ASIC||MT4, Web,
|UK, Cyprus, Hong Kong||FCA, CySEC, SFC||MT4, Web,
|UK, Australia, Singapore||FCA||MT4, Web,
|UK, Cyprus||FCA, CySec||MT4, MT5||$5||Review Website|
|UK, Cyprus||FCA, CySEC||MT4, MT5,
|Cyprus||CySEC||MT4, MT5||$300||Review Website|
|Belize||IFSC||MT4, MT5||$100||Review Website|
|UK, Cyprus, Bulgaria||FCA, CySec, FSC||Web||$150||Review Website|
|Belize||IFSC||MT4, Web||$500||Review Website|
|New Zealand||FMA||MT4||$1000||Review Website|