AAATrade Broker Review

Address: AAATrade 205 Arch. Makarios III Avenue, Victory House, 1st Floor, 3030 Limassol, Cyprus
Phone: 44 2037692245
Spread
From 2.1 pips
Max. Leverage
1:30
Deposit Protection
€20,000 EUR
Min. Deposit
$500
Spread
From 0.169 points
Max. Leverage
1:30
Deposit Protection
€20,000 EUR
Min. Deposit
$5
Spread
From 0.1258 points
Max. Leverage
1:5
Deposit Protection
€20,000 EUR
Min. Deposit
$500
Spread
From 1.36 points
Max. Leverage
1:30
Deposit Protection
€20,000 EUR
Min. Deposit
$500
Spread
From 0.00000193 points
Max. Leverage
1:2
Deposit Protection
€20,000 EUR
Min. Deposit
$500
Spread
From 0.132 points
Max. Leverage
1:20
Deposit Protection
€20,000 EUR
Min. Deposit
$500
Spread
From 2.1 pips
Max. Leverage
1:30
Deposit Protection
€20,000 EUR
Min. Deposit
$500
Our Overall Rating
Likes
- Fully Regulated by CySec
- Transparent no hidden commissions
- Over 100 CFD Instruments and 60,000 Securities
- Dedicated Account Managers
Dislikes
- Limited Trading Platforms
Review Sections:
A full AAATrade review is coming soon.
AAATrade, a European investment firm and liquidity provider, launches its new securities services offering access to over 80 exchanges and thousands of Securities & CFDs. The assets are tradable through AAATrade’s collaboration with UBS Bank in Switzerland, which acts as AAATrade’s custodian and execution bank.
The firm also offers Forex and cryptocurrency trading, with over 50 crypto pairs to choose from. Established in 2013, AAATrade is based in Cyprus, and is fully authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker specialises in CFD trading and cryptocurrencies. In-house experts help clients build customised investment portfolios to suit their needs.
Commissions & Fees
At AAATrade, commissions and fees depend on the instrument being traded, and the type of account you have.
When trading CFDs, you can open a commission-free Novice account, where the fees are always taken from the spreads, or an Experienced account, which offers low commissions and low spreads. Spreads will also depend on the instrument being traded. There is a financing/overnight rollover fee which is charged when you hold a CFD trade overnight. There are various other fees, such as a 2% exchange fee for transactions which involve an exchange between fiat currencies, and a 1% exchange fee between two cryptocurrencies. All fees are displayed on the website.
Platforms & Tools
The broker offers a very user-friendly browser-based platform, called the AAATrade Web Trader, which is available from any device, as well as a Desktop application which can be downloaded to your PC or Mac. Although the Web Trader platform is designed to work on mobile devices, there is also a mobile app available for both iOS and Android devices, if you find that easier to use or better tailored to your mobile trading needs. There is also the CryptoExchange™, a specialist platform built on proprietary software, allowing clients to trade digital currencies via their browser or an app.
Desktop MT5 can be installed on a Mac
Customer Service
Customer support is available via phone, email or live chat. A list of phone numbers on the contact page provides direct customer service phone lines in 26 countries.
Email support is only available via a contact form on the website, but this seems to work well, with queries replied to fairly quickly. Perhaps the most convenient form of support for most people will be the live chat option, easily accessed via the website. The company runs active social media accounts on Facebook, Twitter, and LinkedIn, offering an extra convenient way to get in contact. There is also an extensive FAQ page on the website, answering common customer questions.
Ease of Use
Mobile Trading
Regulatory details
AAATrade prohibited countries:
Afghanistan | Algeria | American Samoa | Bahamas | Bolivia | Bosnia and Herzegovina| Botswana | Cambodia | Ethiopia | Ghana | Guam | Guyana | Iceland | Iran | Iraq | Lao People’s Democratic Republic | Mongolia | Morocco | Nepal | North Korea | Pakistan | Panama | Samoa | Sri Lanka | Sudan | Syrian Arab Republic | Trinidad and Tobago | Tunisia | Uganda | United States | Vanuatu | Virgin Islands, U.S. | Yemen | Zimbabwe
From their website:
We also offer CFD products, which are complex instruments and come with a high risk with losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with AAATrade. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
Final Thoughts
AAATrade is a reputable, regulated, online broker with a wide and comprehensive range of tradable instruments. Fees and commissions are reasonably competitive, and are clearly laid out on the website. AAATrade offer different account types, to cater to different kinds of customers, and offer excellent support to help new clients get started. The broker provides an excellent service for CFD and Forex traders, and the specialised cryptocurrency platform also makes it a highly attractive option for crypto traders, and those wishing to add virtual currencies to their portfolio.
Before you go…. have you spotted any data in our AAATrade review which you think is inaccurate? If so please tell us
FAQ
Expert traders have reviewed AAATrade thoroughly. We cover all areas from the charges and commissions through to customer service given.
Related Guides
- MT5
- MT4
- WebTrader
- Mobile apps
- Bank transfer
- Credit Cards
- MT5
- MT4
- WebTrader
- Mobile apps
- Bank transfer
- Credit Cards
- MT5
- MT4
- WebTrader
- Mobile apps
- cTrader
- Bank transfer
- Credit Cards
- WebTrader
- Mobile apps
- Proprietary
- Bank transfer
- Credit Cards
- PayPal
Ratings
- Commissions & Fees
- Platforms & Tools
- Customer Service
- Research
- Ease of Use
- Mobile Trading
What is your experience with this broker?
With over 4,000 brokers active globally, it’s good to share your experience with others. Spread the word on good or bad brokers. Disclaimer: Comments on this site are not the opinion of WeCompareBrokers and we are not responsible for the views and opinions posted by site users. If you are unhappy with any comments, please email complaints @ wecomparebrokers.com
Important: You (the person writing the comment) are responsible for any comments you post and use this site in agreement with our Terms.