Forex Broker AAAFX – is integrated by default within ZuluTrade - the largest FREE peer2peer social trading platform. When reading other reviews about AAAFX on the internet you will see that this broker is one of best forex brokers available. AAAFX is regulated as an HCMC Broker within the European Union, id 2/540/17.2.2010. This broker is multilingual and provides 24/7 professional support in 9 different languages. But the best thing with this broker hasn't been mentioned yet: very competitive spreads from 0.2 pips on EURUSD, 0.3 pips on USDJPY and a 10 % bonus on your first deposit, no requotes! If you run an Expert Advisor on your own you can make a lot of money when other traders follow your trades on ZuluTrade. Here you can trade Forex on an MT4 account with a leverage of 200:1 which means you can move 200 times your deposit. The minimum deposit is $300, for which you will get a bonus of $30. The maximum bonus is $3.000 what you will get if you deposit $50.000. Some clever traders might think they just need to deposit $50.000 and withdraw $53.000 at the next moment. But before you will get your bonus you will have to trade some lots, with a minimum deposit of $300 you will have to trade 3 lots at least in order to withdraw your bonus.
Annoyed by requotes? With AAAFX ECN there are no requotes. Your order is placed instantly with just one click. AAAFX is a so called no dealing desk broker (NDD) which means that your order is routed directly to their liquidity providers.
AAAFX is fully integrated with ZuluTrade, the automated forex trading platform from where you can choose amongst the best traders and/or EAs in the world. You can trade either manually or take advantage of the integrated ZuluTrade platform. Most people don't know that AAAFX can be used as a perfect and reliable MT4 broker without having to use the ZuluTrade network. But if you would like to follow the best traders and/or EAs in the world you just have to sign up with this broker and follow them. Their orders are placed automatically in your account. The most important thing to consider is that your account is funded properly and that you restrict the number of open lots per trader. Otherwise you risk to run into a margin call. Trading with AAAFX and ZuluTrade is absolutely free of charge for you as a customer apart from the low spread. Although trading is possible with a minimum deposit of $300, AAAFX recommends to cover your account with at least $5000 just in order to survive a longer draw down of your Top Trader / EA. Accounts can be held in USD, EUR, JPY, GBP, AUD, CHF or RUB. The minimum lot size is 1000.
What is ZuluTrade?
ZuluTrade is a kind of social trading network such as eToro with the difference that even EAs are allowed, whereas eToro only counts on human traders. You can put together a portfolio of successful forex traders and/or Expert Advisors to trade your money. If you want, you can use your ZuluTrade account with another broker, for example FXPRIMUS. But as you need to open another account with your broker anyway we would recommend to open an account with AAAFX, the house broker of ZuluTrade, in order to avoid slippage and spread problems that might occur with other brokers.
AAAFX and iPhone
You are in love with your iPhone and would like to have your trades under control while on the road? No problem, there is a special iPhone App developed by AAAFX. By means of this iPhone application you can fully access your MT 4 account and open, close and edit manually traded positions. It is fully integrated within ZuluTrade. There are no fees nor monthly subscription for the use of the iPhone app.
Islamic account ready
AAAFX provides so called Sharia compliant Islamic accounts. What is that? People of Islamic faith can apply for a special swap free account, a Shariah approved account without interests. The only restriction is that you cannot hold a normal account at the same time. Just open a new account and say that you want to have an Islamic account. Please bear in mind that in this case you won't be dedcuted the swap fees but that you don't get debited rollover fees either.
From now on you can trade Binary Options with AAAFX as well. This new financial instrument is quite easy to understand and to trade. You just have to predict the price development for a certain asset (for example gold) for a predefined period in the future in order to make profit. Like with the forex market you can either profit from rising as well as from falling prices. In order to predict the development of your asset you should know the rules of technical analysis. With one touch options you can make a profit of 500% if your asset reaches your predefined price level. This is how you can make 6000 USD out of just 1000 USD balance with only one trade. You can use binary options to hedge your stocks against losses.
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