AAFX Trading 1:2000 leverage. Does it really work? Reviews?

#1
Hi everyone! Looking to trade with AAFX trading, already tested demo-account, seems okay, however my current brokerage is good as well in this regard. The only thing why I'm thinking about trading with AAFX is their huge leverage, I have interesting strategy and want to try it. What do you think about AAFX 1:2000 leverage, is it real or just marketing? And what are my chances to break a jackpot? It gives me the goosepimps to think of a leverage like that, but it's still a bit scary. Would love to hear any reviews from users that have tried it already.
 
#2
I can't imagine a strategy where 1:2000 leverage can be really profitable. I tried this approach two times, first time I doubled my ammount, that was great, but second time I blown everything in 4 minutes :)
This is both marketing and a real opportunity. So, the broker doesn't lie, 1:2000 can really be used and broker can really give such a chance. The other question is whether you should use it. I would advise you to think twice before taking that risk.
 
#3
As I heard AAFX Trading has negative balance protection and the minimum deposit is only $100, so I think I can try and take this risk. As I understand, my balance can't be negative with AAFX Trading, or I don't understand how negative balance protection works?
P.S. What can you say about AAFX Trading as a brokerage in general?
 
#4
Well, neg balance protection makes it easier. I mean less risky, not really easier. And you know, recently markets have changed a lot. What was good for a stop loss few month ago is no longer valid cause of increased volatility. Under these circumstances I wouldn’t mind some extra leverage myself.
 
#5
Good to know, thank you. It’s difficult to see how easily demo $100 turn into thousands on these pretend-accounts. But I’ve had some failures as well there, so it feels like playing the russian roulette in some sense.
 
#6
Well, neg balance protection makes it easier. I mean less risky, not really easier. And you know, recently markets have changed a lot. What was good for a stop loss few month ago is no longer valid cause of increased volatility. Under these circumstances I wouldn’t mind some extra leverage myself.
Yup, the leverage caps most of the brokers have adopted last year are killing small deposits owner’s trading as a business. And I also agree that recent volatility is a real opportunity for making money. Oil used to be making 1-1.5 dollars change within a day, not the ATR has doubled. It requires bigger stops (balanced by increased potential profits). Without increased leverage it’s gonna be difficult to trade like we were used to.
 

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