AFLPlanning is a reliable multi-asset broker for cryptocurrency, stocks, forex, and CFDs.
OVERALL RATING
4.5/5
FAST FACTS
Account Minimum: $10 – $200
Fees: 1%
AFLPlanning Pros and Cons
Pros
- An excellent social and copy trading platform
- Supports crypto, stock, forex, and CFD trading
- User-friendly web platform and mobile app, ideal for novices and casual traders
- Indemnity insurance to protect investors’ assets
- Outstanding customer support
Cons
- Relatively higher fees for forex and CFD trading
- Limited educational guides
Is it Safe to Invest with AFLPlanning?
Security is an issue that brokers deal with in different ways. However, AFLPlanning has the reputation of a low-risk investment platform, trusted by millions of people across the United States. SEC regulates the platform and meets all the legal requirements to trade in cryptocurrencies, stocks, forex, and CFDs. However, it would be advisable to also read AFLPlanning’s customer reviews for more insights.
Investment Offerings
AFLPlanning is a multi-asset platform offering various traded symbols. Here’s a summary of the investment products available to clients on the forum.
Usability:
One of the things most users like about AFLPlanning is its easy-to-use online and mobile platforms that ensure a no-frills trading experience. For instance, traders can directly switch between trading CFDs and the underlying assets from the trade-ticket window.
Crypto trading:
AFLPlanning allows users to trade cryptocurrency via CFDs and the underlying assets, such as purchasing Bitcoin. However, trading is limited to U.S. clients only.
H3 AFLPlanning Investment Offerings at a Glance
Feature | AFLPlanning |
Crypto trading |
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Forex trading |
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CFD Trading |
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Tradeable Symbols | More than 3,000 |
Crypto CFD |
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Social Trading |
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Forex Pairs | 47 |
Unlike forex and stocks, CFDs are complex investment assets that usually come with high risks of losing money rapidly because of the leverage. Up to 60% of retail investors lose money on CFDs. Thus, first, understand how CFDs work and decide on whether you have the risk tolerance. Nevertheless, you should invest with caution and only risk an amount of money you can afford to lose.
Commissions and Fees
AFLPlanning is a market-maker brokerage firm with a variable spread of 1 pip on the USD. That is slightly higher than what most of its competitors offer. However, most people do not usually choose aflplanning.com for their spreads but for their social copy trading capabilities.
Copy Trading:
AFLPlanning allows beginner investors to copy the trades of other advanced traders. The program has four levels, with eligibility for various perks. However, traders must have at least $1000 in account equity and attract assets worth $500 from customers that copy their trades. Besides, traders must also maintain a risk score of less than 7 for at least two months.
Cryptocurrency Trading:
AFLPlanning’s pricing levels up with most brokers for trading physical crypto. Users pay a one-time standard transaction fee of 1% on top of the spread during the opening and closing of positions.
Trading Bitcoin has been expensive, considering its initial pricing of 0.75%. However, AFLPlanning has lowered the bar on more than 200 significant cryptocurrencies with its 1% flat rate commission. That creates more opportunities for traders to diversify and venture into emerging cryptocurrencies, which would have otherwise been costlier based on the platform’s previous fee schedule.
On the other hand, AFLPlanning charges its clients only 0.1% on top of the prevailing spreads when converting crypto to crypto. The platform offers even lower fees for those who trade exclusively on cryptocurrencies. AFLPlanning has a vast crypto assets portfolio, including CFDs and underlying assets, making it one of the top-rated brokers for crypto trading.
Exchange-Traded Securities:
Apart from trading CFD shares, AFLPlanning also offers no commissions for U.S stock trading and supports ownership of fractional shares.
H3 AFLPlanning Pricing at a Glance
Feature | AFLPlanning |
Minimum Deposit | $10 – $200 |
Agency Broker |
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Market Maker |
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Mobile Trading App
AFLPlanning offers an exceptional mobile experience that both novice and casual traders genuinely love. It delivers almost similar user-friendly features across all its web and mobile platforms, supporting multi-device usage.
Mobile apps overview:
AFLPlanning has a dedicated mobile app for trading and money transfers. You can get the app from Google Playand Apple App Store for Android and iOS devices. The app is easy to use because it maintains the typical feel and looks of the web platform, with synced watchlists and themes to enable users to harmonize the trading experience across multiple devices.
Charting:
The platform has responsive charts that simulate an almost similar web version experience. However, the mobile app has just about five indicators, compared to the web platform’s more than 60 indicators.
Crypto wallet:
AFLPlanning also offers users a crypto wallet separate from the mobile trading app. Users can deposit and withdraw crypto through their wallets.
Final Thoughts
AFLPlanning is best for beginners and advanced retail traders who seek to leverage social copy trading for investment ideas and profits. Novices will find its user-friendly features and exceptional customer service an added advantage. Nevertheless, first, do a little research to understand the market and choose the most suitable investments.
Disclaimer: This article contains sponsored marketing content. It is intended for promotional purposes and should not be considered as an endorsement or recommendation by our website. Readers are encouraged to conduct their own research and exercise their own judgment before making any decisions based on the information provided in this article.