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AAATrade Broker Review

Review By: Alan Little
Review Updated: 2021-02-22

Bottom Line Summary

AAATrade Review

Overall Ratings
4
AAATrade Fees
4
Trading Platforms
4
Market Research
4
Customer Service
4

AAATrade broker features

Feature AAATrade
Minimum deposit: $500 USD
Withdrawal fee amount:
Inactivity fee charged (Y/N): N
Max leverage:
Spread from:
Number of instruments:
Year founded:
Time to open account:
Demo account provided (Y/N): Y
Countries of regulation:
Products offered:

AAATrade pros and cons

Pros
  • Fully Regulated by CySec
  • Transparent no hidden commissions
  • Over 100 CFD Instruments and 60,000 Securities
  • Dedicated Account Managers
Cons
  • Limited Trading Platforms
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Review Sections:

Who are FXTM?

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.

AAATrade Introduction

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.

AAATrade Fees

4
Rating

At AAATrade, commissions and fees depend on the instrument being traded, and the type of account you have.

AAATrade Commissions and fees

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.

 

Trading Platforms

4
Rating

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.

AAATrade Broker Review | AAATrade Platforms | We Compare Brokers

Desktop MT5 can be installed on a Mac

 

Market Research

4
Rating

Webinars, e-books, video tutorials

 

Customer Service

4
Rating

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.

Address: AAATrade 205 Arch. Makarios III Avenue, Victory House, 1st Floor, 3030 Limassol, Cyprus

Broker info

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