Advertising Disclosure
Updated:
Leverage: 1:30
Regulation: CySEC
Min. Deposit: No minimum deposit
HQ: Cyprus
Platforms: AAATrader, MT5, CryptoExchange
Found in: 2013
AAATrade Licenses
AAATrade is a Cyprus-based Forex and CFD brokerage firm providing its clients with a wide range of trading instruments such as CFDs on Forex, Commodities, Shares, Indices, Futures, Bonds, ETFs, and Cryptocurrencies.
Based on our research, the company was established in 2013 to assist retail and institutional investors to access global financial markets through technology and advanced customer support. AAATrade is an STP broker and a licensed liquidity provider with fast execution, powerful trading platforms, and transparent trading conditions.
Per our findings, AAATrade is a regulated broker with a good record, powerful technology and platforms, good support, and technical analysis tools. The trading environment is suitable for beginners and professionals with low CFD Fees and a great range of trading instruments and investments.
For the cons, there is no 24/7 support and the proposal might more suit advanced traders.
| Advantages | Disadvantages |
|---|---|
| CySEC regulation and oversee | No 24/7 customer support |
| Powerful technology and platforms | One regulatory body |
| Excellent support and technical analysis tools | |
| Account segregation | |
| Compensation fund | |
| Available for European traders | |
| Suitable for beginners and professionals | |
| Low CFD fees |
| 🏢 Headquarters | Cyprus |
| 🗺️ Regulation | CySEC |
| 📉 Instruments | CFDs on Forex, Commodities, Shares, Indices, Futures, Bonds, ETFs, Cryptocurrencies |
| 🖥 Platforms | AAATrader, MT5 WebTrader, MT5 Mobile App., AAATrade MT5 Desktop, CryptoExchange |
| 💰 EUR/USD Spread | 0.4 pips |
| 🎮 Demo Account | Provided |
| 💰 Base currencies | EUR, GBP, USD |
| 💳 Minimum deposit | $0 |
| 📚 Education | The learning materials offered by the multiple packages, in-depth analytics and powerful tools for calculated strategies |
| ☎ Customer Support | 24/5 |
According to our analysis, we rank the broker positively due to its ability to offer a secure trading environment and competitive pricing for its range of financial instruments and services.
| Ranking | AAATrade | Amana | City Credit Capital |
|---|---|---|---|
| Our Ranking | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐ |
| Advantages | Trading Conditions | Trading Instruments | Safe Trading Environment |
While the company provides competitive fees and trading services, it faces competition from other brokers in the market that offer similar services. Additionally, since AAATrade is a Cyprus-based firm, certain limitations may apply. Therefore, after conducting an analysis, we have compiled a list of the broker’s main competitors that you may want to take into account:
We found that AAATrade has received recognition from international investors for its secure trading services and financial technology. As well as the broker places a high value on the global community and takes responsibility for its success. As a result, AAATrade works to cultivate a supportive work environment among its employees, clients, and partners.
No, AAATrade is not a scam. It is a reliable and secure broker that follows the strict rules and guidelines established by CySEC, the European regulatory authority that oversees its operations.
Yes, AAATrade is a legit and regulated broker.
The broker is a Cyprus Investment Firm that complies fully with the necessary laws and regulations of the financial services companies under the CySEC supervision. This also means, the company maintains fully regulated procedures operating under the MiFID II directive, which is an EU authority to oversee the operation within the EEA and to provide smooth delivery of the services.
See our conclusion on AAATrade Reliability:
| AAATrade Strong Points | AAATrade Weak Points |
|---|---|
| Segregated accounts | None |
| Funds protection | |
| Negative balance protection | |
| Investors Compensation Fund (ICF) |
All the broker clients’ funds are fully segregated from the company’s accounts, as we discovered, and hence protected by various means. Along with money protection and negative balance protection, the operation is performed by strict international standards that enable safe trading and a clear state for every investor.
As you must know, Forex is indeed popular for its possibility of trading through leverage, which may increase your potential gains through its possibility to multiply initial accounts balance. Yet, always make sure to learn how to use the tool smartly, as high leverage and incorrect use increase risks as well.
AAATrade leverage is offered according to CySEC regulation:
According to our Broker research, traders have a choice between Novice and Experienced Account types while trading with AAATrade. Additionally, new traders have the opportunity to use a Demo account for free, allowing them to practice trading and make trial trades.
| Pros | Cons |
|---|---|
| Fast account opening | None |
| Offering for novice and experienced traders | |
| Premier services and advanced proposal for higher account maintenance | |
| Demo account available |
Opening an account with a broker is quite easy, we can open an account within minutes. You should follow the opening account or sign-in page and proceed with the guided steps:
As per our findings, AAATrade offers over 1,000 CFD instruments and over 60,000 Deliverable assets to trade. So the broker delivers vast opportunities to invest not only by the multiple account types, through CFDs on Forex, Commodities, Shares, Indices, Futures, Bonds, ETFs, and 52+ Cryptocurrencies but along with numerous options to diversify the portfolio.
For the fees, the broker offers a competitive pricing model with no commissions for standard accounts, however, professionals may trade on a commission basis.
In addition, you should also consider an inactivity fee as well as an overnight policy that applies in case the trading order is held for longer than a day. In this case, a rollover fee, swap, or overnight fee will apply to the position.
| Fees | AAATrade fees | Amana Capital Fees | City Credit Capital Fees |
|---|---|---|---|
| Deposit fee | Yes | No | Yes |
| Withdrawal fee | No | No | Yes |
| Inactivity fee | Yes | Yes | No |
| Fee ranking | Low | Average | Low/Average |
Based on our test trade, AAATrade’s clients are offered competitive and floating spreads for certain trading instruments, with an average spread of 0.4 pips available for the popular EUR/USD currency pair in Forex trading, making it an attractive choice for traders across multiple markets.
Moreover, the broker offers competitive spreads for other financial instruments, which can be an appealing option for traders who operate in different markets.
| Asset/ Pair | AAATrade Spread | Amana Capital Spread | City Credit Capital Spread |
|---|---|---|---|
| EUR USD Spread | 0.4 pips | 1.4 pips | 3 pips |
| Crude Oil WTI Spread | 0.01 | 3 | 0.01 |
| Gold Spread | 2.87 | 20 cents | 0.01 |
AAATrade provides clients with several funding options, including bank wire transfers, credit/debit cards, and online payment systems such as Skrill and Neteller. It is important to mention that every funding method may have specific requirements and limitations based on the financial institution involved and the client’s country of residence.
Here are some good and negative points for AAATrade funding methods found:
| AAATrade Advantage | AAATrade Disadvantage |
|---|---|
| Fast digital deposits, including Credit/Debit Cards and prepaid e-Wallets | Some methods may add on commission and are different in each region |
| Various account base currencies | |
| Free withdrawals |
In terms of funding methods, AAATrade offers the following payment methods:
There is no minimum deposit requirement for basic services while trading with AAATrade, which makes it a flexible option for traders of different financial capabilities. However, for advanced and premier services, the minimum deposit amount is $/€/£ 25,000 and $/€/£ 100,000 respectively.
AAATrade minimum deposit vs other brokers
| AAATrade | Most Other Brokers | |
| Minimum Deposit | $0 | $500 |
The broker charges transaction fees based on the net amount received by the company, as the broker transfers payment provider fees to the client. However, there are no fees for using AAATrade’s withdrawal options, such as credit/debit cards and e-payment methods. Despite this, clients may still be subject to certain fees, as payment providers often charge transaction fees internally.
AAATrade’s choice of platforms goes to a proprietary platform AAATrade WebTrader available on desktop or mobile devices through its WebTrader or online-based version and is an easy-to-use software, yet with vast powerful capabilities. In addition, the broker provides the MT5 WebTrader, also accessible via desktop and mobile versions, as well as CryptoExchange trading platforms.
Web-based platform enables you to trade on any device, directly from your web browser, without any downloads required, and by its advanced analytical features and trading capabilities.
The broker offers the CryptoExhange trading platform which is designed specifically for Crypto trading, thus you will open a separate account either for Crypto trading or for CFD trading and then trade an extensive range of cryptocurrencies or assets.
Overall, the platforms deliver a fully-equipped trading experience with all the vital tools and resources to analyze the dynamics with powerful features for professionals, as well as easy to perform for novice traders.
Yet, professionals will enjoy trading with AAATrade too, with its One-click trading with no further confirmation to submit the order bringing fast and ultimate trading capability. Moreover, the platform delivers Trading Signals and Chart Analysis with AAA TV that brings market news and insights.
| Platforms | AAATrade Platforms | Amana Capital Platforms | City Credit Capital Platforms |
|---|---|---|---|
| MT4 | No | No | Yes |
| MT5 | Yes | No | No |
| cTrader | No | No | No |
| Own Platform | Yes | Yes | Yes |
| Mobile Apps | Yes | Yes | Yes |
Traders have access to 24/5 customer support through Live chat, Email, and Phone lines at AAATrade. We found that the broker’s support team consists of trading professionals who can offer help with technical difficulties, general questions, and operational concerns.
See our find and ranking on Customer Service Quality:
| Pros | Cons |
|---|---|
| Quick response and relevant answers | No 24/7 customer support |
| Live chat, phone lines, and email |
Based on our research, traders are offered educational resources and continuous support services too while trading with the broker. These resources include multiple packages, in-depth analytics, and powerful tools for strategic trading, risk management, and scaling strategies. However, we found that AAATrade does not provide seminars, webinars, or other research materials to its clients. Therefore, it may be good to consider a broker that offers better educational resources.
In conclusion, AAATrade is a well-regulated broker that holds a strong position in the trading markets. With a comprehensive range of investment options and an STP-operated model, clients can trade directly with the markets without any interference from the dealing room or hidden commissions. The broker offers a broad range of products and personalized offerings, allowing for exciting opportunities and long-term relationships. Additionally, advanced platform features are available to clients as well.
Overall, the company provides a secure trading environment and competitive pricing for its trading instruments, making it a good choice for traders looking for a reliable broker. However, we recommend conducting thorough research before choosing AAATrade as your broker to ensure that it suits your trading requirements.
Based on Our findings and Financial Expert Opinions AAATrade is Good for:
very good trading conditions and many instruments to trade on. never had any major issue with AAA. I have slowly been moving my funds with other brokers to AAA because after all, as an experienced trader that i consider myself to be, all i need is good execution and support
I am very very happy with AAATrade's execution and fast withdrawals. Had no issue whatsoever 2 years now.
Been trading with AAA for a year now and I am quite happy with the speed of the platform and the support i receive. Never had any major issues apart from one time when their platform was under maintenance for 1-2 hours. It is great that they also got so many assets including cryptos.
No news available.
After using this broker for quite some time, must say have managed to execute in some successful trades during this time. AAATrade’s platform seems pretty solid with a vast selection of assets to choose from. I also find their customer support quite supportive and understanding and have always helped me along the way. Would recommend for anyone who wants to trade the efficient way!
Have been trading with AAATRade for almost 2 years now. Have always had a pleasant and enjoyable experience trading with them. Customer support is always helpful and their platform runs smoothly and has many options and assets to choose from. Has tools for both beginner and advanced trading. Would highly recommend.
I’m trading mainly stocks and a little bit of CFD with them. must say that until now they are the BEST to trade with. I traded before with INTERACTIVE BROKERS on the US Markets they both offer commission-free trading but in AAATRADE they also offer FREE trading on all the European markets for stocks and ETF. For CFD they charge a small commission. Besides this also the customer support is good and friendly. I recommend other traders to trade with them
Their cryptoexchange account and cryptoexchange platform make trading cryptocurrencies super easy and enjoyable. I find the platform to be very user-friendly and very intuitive to the user’s experience.
YES VERY GOOD BROKER!!
I completely agree with you. Until now AAATrade is the best broker I have ever traded with. I’m trading shares with AAATrade with NO Commission and the execution if great.
i trade with aaatrade for years now, very good and reliable broker, i can recommend it for others without any issues.
I completely agree with you. Been trading with them for almost 2 years, and must say-they have proven to be very reliable.