AAATrade Review & User Rating 2021
AAATrade is a Cyprus based firm that was founded in 2013. The broker offers services to institutional and retail traders. The brokerage firm offers traders with multiple financial instruments including 100 CFDs and more than 60000 assets, including forex, shares, commodities, futures, indices, ETFs as well as over 52 cryptocurrencies.
AAATrade are particularly proud of the fact that irrespective of our clients’ trading volumes, we always strive to provide all-inclusive investment services, tailored to each investor’s style, goals and risk appetite, never compromising simplicity, fairness, regulation, and transparency.
Five years down the line, AAATrade has grown to become one of the very few investment firms around the world to be able to offer clients access to thousands of Securities & CFDs for trading.
- Stocks – Thousands of tradable Instruments from more than 60 stock exchanges
- Thousands of the most popular CFDs instruments
- Cross Asset Class (Equities, Funds, Fixed Income, Treasury Bills, Instruments, and Other Derivatives)
- Portfolio Management and Advisory Services
- Education Centre
- Advanced Client Zone with full control of your account
- Trading Signals and Chart Analysis
- AAATrade TV with market news and insights
- FIX API 4.4 connectivity.
It is extremely important to choose a regulated broker. With AAATrade, you won’t have to worry about the safety of your funds, since the broker is regulated by the CySEC and follows the procedures laid down by the MiFID. Apart from this, AAATrade is also a member of the EU regulatory authorities, including Spain’s CNMV, UK’s FCA, and Germany’s BaFin. Client accounts are maintained separately in premier Swiss Banks.
AAATrade Trading Accouns
In the case of AAATrade, the broker offers its clients the option to choose from a spread based account as well as a commission-only account. It must be noted the spread based account comes with commissions that are a part of the spreads. This type of account is best suited for new traders. On the other hand, the commission only account is ideal for the experienced traders that long for small spreads along with commissions. This enables them to trade when situations are favorable for them. Also, traders can either choose to set up a CFD based account or set up a separate account for trading cryptocurrencies.
The minimum deposit required for opening an account with AAATrade is 500$. However, for advanced services, you need to maintain a minimum amount of 25,000$, in addition to paying interests. As far as spreads are concerned, AAATrade offers floating spread and no commission on their standard accounts.
When we created a demo account to determine the broker’s spreads, we discovered that the spreads for the EUR/USD currency pair were around 1.8. The leverage, on the other hand, is 1:200, which is much lower when compared to others.
AAATrade Trading Platform
AAATrade offers multiple trading platforms, including the proprietary AAATrade WebTrader, that can be accessed through desktop and mobile devices. Apart from this, the broker also offers access to a crypto exchange that is used for trading cryptocurrencies only.
In essence, the broker provides the MT4 platform for trading that can be accessed through the web, mobile, and desktop. The MetaTrader4 interface offers a diverse set of tools as well as resources for trading aside to the Expert Advisors and in-built technical indicators that make trading quick and hassle-free.
Our CryptoExchange™ Platform was custom designed to meet the needs of investors with varied levels of experience. We offer a state-of-the-art intuitive platform that emphasises simplicity and a user-friendly interface which enables investors to register, get verified and exchange Cryptocurrencies with ease.
Our CryptoExchange™ platform provides automatically generated wallets ID for each cryptocurrency, multiple payment methods including credit/debit cards, and access to 50+ Cryptocurrency pairs, all powered by AAATrade.
Address: 205, Arch. Makarios III Ave., Victory House, 1st Floor, 3030, Limassol, Cyprus.