AAATrade Review

AAATrade

AAATrade is a well-established broker since 2013. AAATrade has a headquarter in Cyprus. It is are generally well-suited for AAATrade to provide their Forex/CFD trading services to global clients.

This broker has also been regulated by BaFin 45052, CySEC 244/14 and FCA (UK) 659844.

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Company Information

Website
www.aaatrade.com

Established
2013

Country
Cyprus

Regulation
BaFin 45052
CySEC, 244/14
FCA (UK), 659844

Features

Free education

Personal manager

Trading by telephone

PAMM accounts

MAM accounts

Segregated accounts

Managed accounts

Affiliate program

Vps

Account Information

Apart from the forex demo account, this broker offers Novice. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by AAATrade is up to 1:200. Meanwhile, you can open an account with a starting capital of $1.

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Minimum Deposit

$1

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Maximum Leverage

1:200

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Spread

Variable

If you want to look for a more simple explanation regarding this broker's account type(s), take a loot at the following chart:



Minimum Deposit $1

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Browser-based platform

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Instruments Traded

Besides lots of currency pair, AAATrade also offers some instruments you would like to trade on, such as Forex, Gold & silver, Oil, Stocks, Indexes, Metals and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

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As for Novice account, AAATrade specifically provides it with the following instruments and leverage:


Forex

Forex
1:200

Gold & silver

Gold & silver
1:50

Indexes

Indexes
1:50

Metals

Metals
1:10

Cryptocurrencies

Cryptocurrencies
1:2

Payment Methods

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Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

QIWI : Qiwi is an e-wallet or electronic payment service provider from Rusia that is introduced in 2007. The service is mainly used by individuals and businesses in Russia, Ukraine, Kazakhstan, Moldova, Belarus, Romania, the US, and the UAE.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

AAATrade also provides payment with Credit/debit cards, iDEAL, giropay, YooMoney, UnionPay and SOFORT




Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, AAATrade offers you MetaTrader 4 and MetaTrader 5.

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Customer Support

Do you have any question or find any trouble related to AAATrade? If you do, you should reach AAATrade's support to get the information that you need. Here is the detail of the broker's customer support:

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Website Languages

English

Office
Support

Email
Support

Call
Support

Chat
Support

Extensive Review

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FAQ About AAATrade


Is AAATrade a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if AAATrade is a good broker for you or not by reviewing the criteria. In general, AAATrade provides trading service in Forex , Gold & silver , Oil , Stocks , Indexes , Metals and Cryptocurrencies . As for the payment methods, you can choose between Credit/debit cards, FasaPay, giropay, iDEAL, Neteller, QIWI, Skrill, SOFORT, UnionPay, Wire transfer and YooMoney. The customer support is available via Callback, Email, Live chat, Office, Phone, Skype and Web form.


What is the minimum deposit for AAATrade?

The starting capital in AAATrade is $1.


Is AAATrade regulated?

AAATrade is regulated by BaFin 45052, CySEC 244/14 and FCA (UK) 659844. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Is AAATrade legit?

AAATrade is a brokerage company offering trading services for clients since 2013 with offices in Cyprus.


Give Your Review and Rate This Broker


These aspects are optional but will determine your review's reliablity


1 Review

Giovanni Costantini
Cyprus Dec 28 2020
This review is not supported by evidence

AAATrade is one of the best online trading companies that I have ever seen! Before signing up with AAATrade I was with a different broker who I had several problems with including bad customer service and communication delays, especially when wishing to make withdrawals from my account. Since joining AAATrade in June 2018 I have never had any complaints!