AHMZ TradeFX review

AHMZ TradeFX is a trading name of X Global Markets Ltd and is regulated and authorised by CySEC, so clients can be reassured that they are choosing a trustworthy and reliable broker. This broker is an experienced provider, with its parent company having been in the industry for numerous years and having served many clients. There is only one account type available through this broker, so whether you want to trade standard, mini or micro lots, you can get started quickly and easily with this simple single account. AHMZ TradeFX is dedicated to offering its clients an excellent CFD and Forex trading experience, with excellent customer service and low spreads that start at just 1.0 pips with no hidden fees or commissions. As there is no dealing desk, client orders are transmitted directly to ensure the best possible quotes and there are even bonuses and promotions on offer to reward customers for registering. AHMZ Trade FX offers the following instruments and markets:

• Forex – leverages between 1:1 and 1:200, fast execution and a good range of currency pairs
• Indices across major markets
• Metals – silver and gold
• Crude oil

 

AHMZ Trade FX Account Information

There is only one standard account offered by this broker. Some of its features include:

• ECN/STP execution model
• Minimum spread of 1.0 pips
• Variable spreads
• No commissions
• Islamic trading available
• 47 metals and currencies for trading
• Leverage offered up to 1:200
• Minimum deposit of $500, £500, 500 Euros or 50,000 JPY
• Minimum trade size of 0.01 lots
• Maximum trade size of 200.00 lots
• Unlimited open positions
• Hedging permitted
• Scalping permitted
• EA compatible
• News trading accepted

Some of the benefits of an AHMZ TradeFX trading account include:

• Positions can be held without any time limit
• No hidden costs
• No requotes guaranteed
• No up front commissions
• Leverages up to 200:1
• 100% real time market execution
• Free instant access to trading platforms
• 25/5 dedicated support from the Client Account Manager

Potential clients also have the option of opening a free demo account with virtual funds to test the trading platform interface and to experiment with strategies before risking any of their own money.

AHMZ TradeFX and the MetaTrader Platform

MetaTrader 4 is well known in the financial industry as a reliable and user friendly trading platform for Forex trading. It has therefore been adopted by AHMZ TradeFX as their preferred trading platform thanks to its many excellent features which are combined with the advantage of rapid trade execution. Its analytical tools optimise clients’ ability for trading in commodities and foreign currencies, with over 50 in-built tools and indicators which allow for trends to be identified, analysis to be simplified and exit and entry points determined. Some features of the interface include:

• Multilingual access
• Customisation of charts and tables to suit the individual’s requirements
• A daily account statement
• Pre-programmed tools for analysis
• Client account summaries in real time
• Ability to monitor, modify and place trades
• Ability to review order history
• Set take profit, stop loss and more
• Real time rates delivery without delay
• One quick and easy file download

The MT4 platform can also be accessed and downloaded by Mac users as well as those with Windows as their operating system.

MetaQuote
The MetaQuote application for MetaTrader 4 is available for both Android and iOS devices and offers the global standard in mobile Forex trading. Clients can enjoy seamless trading on the move with the easy to use app which enables trading anywhere in the world and full management of their trading account. 30 market indicators can be accessed through this app to allow for chart analysis at any time as long as the smartphone or tablet is connected to the internet. The features of the app include:

• Available in multiple languages
• Ability to modify trades, place orders and monitor orders
• Review of order history
• Set take profit, stop loss and more
• View real time tick chart
• Real time delivery rate without delay
• Customisable charts and tables

How to Deposit Funds with AHMZ TradeFX

AHMZ TradeFX offers four different currencies in which accounts can be opened. These include: US Dollars, Japanese Yen, Pounds Sterling and Euros. This broker is also aware that clients are keen to have a good range of methods available for deposit and withdrawal and therefore they offer an impressive selection to choose from. All financial transactions are very secure thanks to the latest encryption software. The banking methods offered by this provider include:

• Visa
• Mastercard
• Maestro
• UnionPay
• Neteller
• Skrill
• Bank Wire Transfer

The minimum deposit amount for all methods is $500, £500, 500 Euros or 50,000 Yen and processing is instant for every method except bank wire transfer, which can take up to 4 days for processing to be complete.

Contacting AHMZ TradeFX

AHMZ TradeFX offers several methods through which their customer support team can be accessed. There is a convenient Live Chat facility available through the home page which ensures that clients can obtain a rapid response to any queries, but for those who would prefer a different contact method, there is also a telephone number and a fax number provided on the website. There are also six different email addresses provided to ensure that all enquiries are properly addressed to the most appropriate team. The emails are for the following departments:

• Customer support
• Back office
• Sales
• Marketing
• Partnerships
• Accounting

Although the customer support team is available 24/5, the other departments are only available during working hours which are between 9 am and 6 pm EET.

AHMZ TradeFX has plenty to offer its clients, with its good choice of assets, excellent customer support, choice of banking methods and cutting edge trading platform. However, there is a downside in that there is only one type of trading account, which may deter both professional and novice investors since the minimum deposit is relatively high for a beginner and there are no benefits that are usually extended to VIP traders.