AAATrade Review
Leverage: 1:30
Regulation: CySEC
Min. Deposit: 500 US$
HQ: Cyprus
Platforms: AAATrade Web Trader, CryptoExchange
Found in: 2013
AAATrade Licenses
AAATrade Ltd - authorized by CySEC (Cyprus) registration no. 244/14
Leverage: 1:30
Regulation: CySEC
Min. Deposit: 500 US$
HQ: Cyprus
Platforms: AAATrade Web Trader, CryptoExchange
Found in: 2013
AAATrade Licenses
AAATrade Ltd - authorized by CySEC (Cyprus) registration no. 244/14
The AAATrade company is a true STP broker and a licensed liquidity provider with fast execution, powerful trading platforms and transparent trading conditions,
while you may choose the best suitable option between the commission or spread basis.
AAATrade is a Cyprus based Forex brokerage firm established in
2013 with an aim to assist retail and institutional investors to access global financial markets through technology and advanced customer support. The broker established a professional environment, yet supports with education and analysis materials with numerous instruments and enlarged Crypto trading offering.
Further, in our AAATrade Review we will also see each of the proposal in detail so you can see yourself why the firm gained high rankings and is a respected broker indeed.
Pros | Cons |
---|---|
Regulated broker and good record | None |
Powerful technology and platforms | |
Excellent support and technical analysis tools | |
Suitable for beginners and professionals | |
Low CFD fees |
🏢 Headquarters | Cyprus |
🗺️ Regulation | CySEC |
📉 Instruments | CFDs on Forex, Commodities, Shares, Indices, Futures, ETFs and 52+ Cryptocurrencies |
🖥 Platforms | AAATrade Web Trader, CryptoExchange |
💰 EUR/USD Spread | 0.2 pips |
🎮 Demo Account | Provided |
💰 Base currencies | EUR, GBP, USD |
💳 Minimum deposit | 500$ |
📚 Education | The learning materials offered by the multiple packages, in-depth analytics and powerful tools for calculated strategies |
☎ Customer Support | 24/5 |
Moreover, AAATrade values the global community and acknowledges that with success comes also responsibility, for this reason, the company building a supportive working environment among the employees, customers, agents and partners.
AAATrade supports specific charitable organizations and activities alike UNICEF, Vatican Museum and many more.
Pros | Cons |
---|---|
Regulated by the CySEC | None |
EEA cross border licenses | |
Negative balance protection |
AAATrade is a Cyprus Investment Firm that complies fully with the necessary laws and regulations of the financial services companies under the CySEC supervision.
That also means, the broker 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.
AAATrade also registered with major EU regulatory bodies such as BaFIN (Germany), FCA (UK) and CNMV (Spain). All clients’ funds are kept with leading Swiss banks and fully segregated from the company, hence protected by various means. Along with the money protection and negative balance protection, the operation performed by the strict international standards that enable safe trading and clear state to 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 multiple initial accounts balance. Yet, always make sure to learn how to use tool smartly, as high leverage an incorrect use increases risks as well.
AAATrade leverage levels as usually happened depending on the instrument you trade, as well defined by the regulatory restrictions.
What is interesting, through a relatively short time AAATrade has grown to become one of the few investment firms that are able to offer over 1,000 CFD instruments and over 60,000 Deliverable assets to trade.
So the broker delivers vast opportunities to invest in not only by the multiple account types, through CFDs on Forex, Commodities, Shares, Indices, Futures, ETFs and 52+ Cryptocurrencies but along with numerous option to diversify the portfolio.
Account selection at AAATrade is done is a smart and convenient way while you can see conditions either for beginning or novice trader and advanced trader.
Pros | Cons |
---|---|
Fast account opening | None |
Offering for novice and experienced traders | |
Premier services and advanced proposal for higher account maintenance | |
Separate Crypto trading account | |
Demo Account and Live Accounts |
The account types of AAATrade offer firstly a choice between CFD Account and CryptoExchange Platform, then the diversification goes to the particular need of investor defined by experience level and the initial balance maintenance. Which are set to Novie and Experienced account group.
Therefore, if you select CFDs Trading and willing to get Basic Services all accounts require to deposit a minimum of 500$, which bringing you access to trade immediately. Further on, or if you maintain higher balances starting from 2,500$ or 25,000$ you will get an Advanced status with additional interests applied, rebates, lower commission and other benefits.
And the last category is Premier Services which mainly requires 100,000$ balance which offers a professional trading environment, low commissions and real market spread along with dedicated support, and promotional rates.
The CryptoExchange Account types also bringing free access to CryotoExchange and allowing to trade 50+ cryptos where type of the services defined by the account size maintenance, the same as it offered via CFD account.
Pros | Cons |
---|---|
Choice between spread only basis or advanced trading with raw spread and commission | Fees may vary according to entity |
Good range of instruments and numerous Cryptocurrencies | |
Low CFD fees |
So going to the important point about costs, AAATrade offering a floating spread with no commissions for standard accounts, and professionals may trade through the raw spread and commission basis.
Generally speaking, AAATrade spreads are among lowest in the industry, you can see our AAATrade Review comparison table below for standard accounts based on a spread. While the professional account will be charged only by a commission of 4$ per lot for Forex Major pairs. As well you may compare AAATrade fees to another popular broker Alvexo for your better understanding.
Asset/ Pair | AAATrade fees | FXOpen Fees | CMC Markets Fees |
---|---|---|---|
EUR USD | 0.2 pips | 0.5 pips | 0.7 pips |
Gold | 2.87 | 13 | 3 |
BTC | 18.85 | 11 | 0.75% |
Inactivity fee | Yes | Yes | Yes |
Deposit fee | No | No | No |
Fee Ranking | Low | Average | Average |
Also, always consider AAATrade rollover or overnight fee as a cost, which is charged on the positions held longer than a day, varies on each instrument and may be checked directly from the platform.
Deposit methods can be found easily in the preferred trading platform and include the most used payment methods
Pros | Cons |
---|---|
Fast digital deposits, including Credit Card, Debit Card and prepaid e-Wallets | Some methods may add on commission and are different in each region |
Various account base currencies | |
Free Withdrawals |
What is the AAATrade minimum deposit?
AAATrade minimum deposit depending on the service level you choose, but as was mentioned earlier in our AAATrade Review account the start 500$ capital is applicable to all basic line services, while higher ones will require higher capitals.
Withdrawals
The transaction fees are applied by AAATrade to the net amount received by the company, since the broker passes payment provider fees to you, but does not charge fees for the withdrawal of the funds via credit/debit cards and e-payment methods. Yet, there are still some fees may be applicable since payment providers charge some transaction fees internally.
Pros | Cons |
---|---|
Regulated broker and good record | None |
Powerful technology and platforms | |
Excellent support and technical analysis tools | |
Suitable for beginners and professionals | |
Low CFD fees |
AAATrade’s choice of platforms goes to a proprietary platform AAATrade WebTrader available on a desktop or mobile devices through its WebTrader or online based version and is truly easy to use software, yet with vast of powerful capabilities.
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.
Also, AAATrade provides access to the Cryptoexhange 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 delivering 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 the novice traders.
Yet, professionals will enjoy trading with AAATrade too, with its One click trading with no any further confirmation to submit the order brings fast and ultimate trading capability. Also, the platform delivers Trading Signals and Chart Analysis with AAA TV that brings market news and insights.
Customer support remains always on hand to any questions you may have, you simply can access service via the phone lines or Live chat 24/5 or through emails.
Pros | Cons |
---|---|
Quick response and Relevant answers | No 24/7 support |
Live Chat, International Phone Lines and email |
AAATrade educational materials are delivered too, along with constant support and services. The learning materials offered by the multiple packages, in-depth analytics and powerful tools for calculated strategic trading to scale the strategies and manage risks and is freely available to all clients.
Pros | Cons |
---|---|
Trading signals and technical indicators | None |
Education resources with Webinars | |
Research and technical analysis | |
Demo account |
AAATrade Review presents a well-regulated company with strong positions in trading markets with its comprehensive, wide range of investment options.
The STP operated model means you will be trading directly with the markets, thus there is no interference of the dealing room and there are no hidden commissions appearing which is definitely a big advantage to any trader.
Whatever type of investor or trader you are, AAATrade range of products, personalized offerings and experiences enables you with exciting opportunities or long-term relationships.
You will also enjoy advanced educational materials, the accounts that are suited either to the beginning or professional traders with various trading conditions, as well as the powerful platform features.
Lastly, we would be glad to know your personal opinion about AAATrade, you may share your experience in the comment area below, or ask us for some additional information if something is missing.
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.
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. 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.
YES VERY GOOD BROKER!!
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.