AZAforex Trading Signals - TU Expert review
Trading signals are one of the best trading options for beginners and for earning passive income. Novice traders can use such signals and earn a profit, while still learning. Brokers can offer various ways of receiving signals. Traders Union analysts have prepared a detailed analysis of AZAforex trading signals. You will learn what kinds of trading signals AZAforex offers and what the conditions for using them are.
Short introduction of AZAforex
AZAforex is a brokerage company that provides its clients with a modern Mobius Trader 7 trading terminal for all devices, fast order execution with a speed of 0.1 seconds and tight spreads. Additionally, the broker's clients can use the transfer service between accounts with exchange at market spreads. AZAforex offers ECN trading with fixed spreads. Also, the broker's clients can trade on the following instruments: Forex, CFDs, indices, energies and binary options. On the AZAforex website, daily trading recommendations are published for clients, bonuses, investment programs are available: PAMM and trust management, an affiliate program with high commission rates. Also, AZAforex clients receive a personal manager, unlimited access to training materials and round-the-clock support service 24/5.
| 💰 Account currency: | USD, EUR, GBR, JPY, AUD, CAD, CHF, NZD, UAH, RUB, CNY, ILS, IDR, MYR, THB, VND, BTC, BCH, ETH, DASH, LTC, XMR |
| 🚀 Minimum deposit: | 1 USD |
| ⚖️ Leverage: | Up to 1:1000 |
| 💱 Spread: | From 0.00001 pips |
| 🔧 Instruments: | Forex, Forex ECN, Energies, CFD Indices, CFD Stocks, Cryptocurrency, Binary Options |
| 💹 Margin Call / Stop Out: | 10-100% / 5% |
AZAforex Pros and Cons
👍 Advantages of trading with AZAforex:
•Flexible approach to incentivizing traders. The incentive instruments feature the broker’s own rebate, several types of bonuses, free analysis of strategies, trading signals, etc.
•Access to trading CFDs and binary options.
•Attractive conditions for the start: minimum deposit is USD 1 and leverage is up to 1:1000.
👎 Disadvantages of AZAforex:
•Not licensed by regulators.
•Metatrader trading platforms that feature most expert advisors and indicators are not available. The broker offers a proprietary platform written in the JS language.
What are trading signals?
Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.
A broker can provide signals in several ways:
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Copy trading.
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Email alerts.
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Signals through a blog on the website.
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Recommendations of a personal manager, etc.
When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.
AZAforex Trading Signals
Traders Union analysts reviewed the broker’s trading conditions and prepared a report on available and hidden fees. Despite the declared narrow spread on certain accounts, the actual spread turns out to be higher because of the brokerage markup. Also, on Start and Pro accounts, there is a fixed fee, although its amount is not directly specified on the website. The broker does not charge a withdrawal fee; traders only pay the system’s fee.
| Account type | Spread (minimum value) | Withdrawal commission |
| Start | USD 10 | no |
| Pro | USD 4 | no |
| VIP | USD 1 | no |
Conclusion
Based on the results of the analysis, Traders Union analysts have concluded that AZAforex does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.
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FAQs
How do I test the signals if I can’t do it on a demo account?
In this case, it is best to test them using the minimum deposit. You will need to check the minimum deposit level of the broker.
Can trading signals be provided for free?
Brokers may offer free and paid trading signals.
How are the signals provided via a newsletter?
A trader regularly receives trading signals to his/her email or personal messages in the account. As a rule, they are provided in the form of a report with screenshots of technical analysis.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.