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AAAFX Raises Maximum Leverage to 1:500

Athens-based Forex broker AAAFX has raised the maximum leverage on real accounts to 1:500. This is more than a double increase from the previous leverage cap of 1:200.

 
The leverage, as its name suggests, is the extra trading power that the broker offers you so that you can open more positions or a single position of greater value and bigger trade contract size. Let's take an example: before the change the maximum leverage was 1:200, so the margin requirement stood at $500 for a nominal size of 100,000. After the change, because the leverage is 1:500, the margin requirement is at $200. The simple math shows us that AAAFX is markedly beefing up trading opportunities.
 
The Greek FX broker now joins a growing group of brokers that offer leverage of 1:500 – by the way the list is rather lump already and includes around 60 companies. Obviously, Forex brokers are willing to offer their clients maximum trading power. Of course, this is not the highest possible leverage level out there. EXNESS, for instance, sets the maximum level at 1:2000, while New Zealand's FX Glory provides its clients with a stunning leverage of 1:3000. 
 
But let's get back to our present subject of interest – AAAFX. To make use of the newly raised leverage, you should have a real account with the broker – for the Metatrader 4 platform. And, of course, you can autotrade as the broker is famous for the integration with social trading platform ZuluTrade. Given the tight spreads and the acceptable minimal initial deposit of $300, AAAFX extends a rather good proposal. One more advantage is that it enables you to trade with micro lots – 1,000 currency units. Now traders can make use of a leverage between 1:50 and 1:500. 
 
The increase in leverage is one more step towards beefing up the trading experience of the broker's clients. The company has added new exotic pairs to the lineup of its trading instruments recently and in December 2013 announced the launch of binary options trading.
 
 
 

About AAAFX

 
AAAFX is a Forex broker operating out of Greece. It's famous for its support of ZuluTrade, the famous social trading network. But it has a raft of other advantages too, including its regulations in the European Union  (investment firm id 2/540/17.2.2010), as well as the NDD execution and the tight spreads. The broker was founded not that long ago – in 2008, but already services customers from 176 countries.
TAGS: aaafx  aaafx forex broker  greek forex broker  forex leverage  1:500  maximum leverage  trading conditions  forex trading  online trading  forex platform  zulutrade  mt4 

More news about AAAfx

Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia ASIC MT4, MT5,
IRESSTrader
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website
UK, Cyprus, Dubai FCA, CySEC, DFSA MT4, MT5, Web,
PrimeTrader
$100 Review Website

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