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AAATrade Broker Analysis

Discover AAATrade, a broker founded in 2013, offering global market access with forex, CFDs, and more. Explore their secure, innovative trading environment today.

Updated: 2 April 2025
Overall rating
4.2 of 5
Minimum deposit
0
Tradable instruments
Forex, Stocks, Indices, Metals, Energy
Regulation
CySEC
Overview Users reviews
Marina Panasenko
Edited by
Marina Panasenko
Table of Content

History and Background of the Company

In 2013, AAATrade jumped the gap and was established to open the world of global financial markets plus retail/wholesale traders. The brand crosses industries offering forex and CFD contracts on a wide range of assets such as stocks, commodities, indices, and cryptocurrencies.

Mission and Vision

Its mission is to create an environment where commercial traders of all levels can trade in confidence, with a high level of transparency and user-friendliness. This dream is AAATrade's leading company and brokerage service provider by focusing on innovation and customer satisfaction.

Global Presence

Reaching out to clients on an international level, the company's main office resides in Cyprus, offering services locally and in a multitude of languages. The broker adheres to standards and policies in European trading.

Pros and Cons

Pros

  • No minimum deposit requirement
  • Access to more than 16,000 assets, including cryptocurrencies
  • Proprietary platform for trading cryptocurrencies in the stock market

Cons

  • The MT4 platform that features many indicators and EAs is not available
  • Withdrawal fee

Security and Regulations

Licenses:

AAATrade holds within its territory the license from the Cyprus Securities and Exchange Commission (CySEC), which is primarily for compliance with EU financial directives and formation of a secure trading environment.

Fund Segregation and Insurance:

There is a robbery and burglary safe scheme because consumer funds are held in a segregated account in a designated high street bank. Meanwhile, an eligible sustained client can be granted protection through the Investor Compensation Fund (ICF) of up to €20,000 if ever the firm is declared insolvent.

Tradeable Instruments

For Forex Pairs

For forex, you can trade 80 more pairs, which include most of the major, minor, and exotic pairs with narrow spreads and a pretty high liquidity.

Commodities

This includes gold, silver, crude oil, and natural gas, some of the most tradable commodities on the market for the customer's diversification.

Traded Index

Its customers can trade on contracts for difference related to all major global indices, such as NASDAQ, S&P 500, FTSE 100, DAX, etc.

Equity

Offering the benefit of having real stocks available on its platform, which aids both short-term and long-term investments for traders.

Cryptocurrencies

This is the spot offered in terms of flexible leveraging of the leading crypto products, including Bitcoin, Ethereum, Ripple, and Litecoin.

Account Types

Prices and Rates

Prices and Commissions:

The minimum spread for a Standard Account starts at 0.6 pips on forex pairs. A commission may apply depending on the asset class when it comes to real stocks.

Swaps:

For overnight trading swaps, swaps usually apply. However, some accounts may be tracked as Islamic and thus exempt from swaps.

Inactivity Fees:

They are charged on accounts that have not been used for more than three months, at €50 of a transaction with such fund.

Trading Platforms

Available tools Forex, Stocks, Indices, Metals, Energy
Cryptocurrencies BTC, ETH, XRP, LTC

MT4:

With MT4, traders can use this service, which incorporates advanced charting tools with the provision of customizable indicators as well as trading automation.

Proprietary Trading Platform:

This web-based proprietary platform has a customizable engine that is used in accessing a wide range of trading instruments.

Mobile trading apps

Apps for the mobile versions of these services should facilitate monitoring of markets, account management, and trade execution.

Customer Support

FAQ

Is the broker regulated?

Yes, CySEC approved this broker too and is responsible for regulating the actions of this broker worldwide.

What kind of platforms are there for trading?

Traders can use the MetaTrader 4 and a unique trading platform made by the company. The software package programs are available in mobile gadgets, such as iOS and Android.

How much money must I be able to deposit into my account before I can start trading?

The minimum deposit used to be about €500 for the Standard Account. A more considerable amount is hovering around that limit.

What type of accounts do you offer?

AAATrade offers Standard, VIP, Islamic, and Demo accounts to meet a variety of investor needs.

How much will the fees and commissions be applied to your account?

Spreads, real stocks transactions involving fees, swaps for night trading, and dormant accounts fees are the typical charges.

What is the highest leverage that you can have access to?

Retail clients under EU modern leverage regulations may get as much as 1:30 in leverage, while professional ones can be eligible for leverage up to 1:200.

Do they provide demo accounts?

Yes, customers can open their demo accounts with virtual money to test new strategies they have learned.

How to Contact Customer Care

Support can be obtained through live chat, email, and phone during working hours of the day and offers assistance in various languages.

Users reviews

Andersson

I can't understand how things could be so confusing, but after involving the authorities and EFRI, everything seems much clearer now.

4 February 2025 Read
Taj MacPherson

I appreciate their professionalism, although their requirements can occasionally be a bit frustrating.

19 January 2025 Read
Tony white

Hey! So, I recently started using this investment platform, and I have to say, I'm pretty happy with it so far. I kicked things off with a 1,000 EUR deposit and have been trading securities for about a month now. Honestly, I was a bit nervous at first—who wouldn't be when it comes to investing your hard-earned money? But everything's been smooth sailing so far, which is a huge relief. I even managed to make a successful withdrawal, which felt like a small victory. You know that feeling when something just works the way it's supposed to? Yeah, that was it. I'm also thinking about dipping my toes into trading some CFDs soon. It feels like the platform's got my back, so I'm excited to see where this goes. Would I recommend it? Definitely, especially if you're looking for something straightforward and reliable.

6 January 2025 Read
Craig Dawson

I've been encountering frequent "503 service temporarily unavailable" messages, which has been quite frustrating. This recurring issue disrupts my workflow and makes it difficult to manage my investments effectively. I hope this problem gets resolved soon, as it impacts the overall user experience negatively.

31 December 2024 Read
X Petros

I initially deposited $100 into the platform, but soon discovered that withdrawing funds wasn't possible unless I engaged in trading. Seeking assistance, I reached out for support and was promised a call that never happened. I also sent several emails, which went unanswered. Ultimately, the only option left was to trade all my funds, resulting in a complete loss. This has been my most disappointing experience with a trading app. I strongly advise against using it.

30 December 2024 Read
Leon Bale

I've been working with this broker for more than a year and couldn't be more satisfied. Their exceptional customer service and diverse trading options have always impressed me, but their newest feature, the AAATrader app, truly stands out as a remarkable innovation.

25 December 2024 Read
Thomas Witzel

Before you invest your money, I strongly recommend doing thorough research. I'm giving them 2 stars instead of 0 because they eventually returned my funds, but it took a frustrating two months to get it back.

23 December 2024 Read
Omer Tomy

I recently had an experience with AAATrade that left me quite impressed. Initially, I encountered an issue while trying to make a deposit, as my bank flagged the transaction for security reasons. When I reached out to AAATrade's support team, they were incredibly friendly and provided the assistance I needed. Thanks to their guidance, I was able to set up my account without any further problems and even started trading within 12 hours. Overall, AAATrade has proven to be a reliable company with a solid reputation.

19 December 2024 Read
Karolos Diavastos

Completely pleased with this broker's services! I've had a seamless experience using their app, encountering no problems at all. They offer an impressive range of trading instruments, making it an excellent choice for any trader. Highly recommend!

19 December 2024 Read
László Nagy

Update: After a lengthy and somewhat frustrating process, I finally received my funds back, along with some profit, about two weeks after submitting my withdrawal request. However, this company still has a lot of room for improvement in its operations. Both their platform and app could benefit from significant updates, as the website is riddled with bugs and the app was completely non-functional for me. Personally, I prefer companies where withdrawals are processed automatically rather than manually, as was the case here. Furthermore, a word of caution: avoid sending money through third-party services, as they will attempt to return your funds to the third party first instead of directly to you. Original review: I was persuaded by a broker named Frank Strauss to try trading with AAATrade, promising me substantial profits while taking a 10% cut of the gains. Initially, their pitch sounded appealing, and I verified that AAATrade was a legitimate company regulated by CySec, though not by the FCA, which I consider a higher standard. However, I encountered numerous issues with their website, including bugs and missing documents during the account verification process. The mobile app wouldn't even launch, which was concerning, but I decided to proceed since my money was already invested. Soon after starting, I was transferred to another broker, Michel Richie, who implemented a strategy that differed significantly from what Frank and I had discussed. He also pressured me to deposit more funds, which I declined. Although we didn't incur losses and even saw some gains, I found his approach too risky and nerve-wracking. Consequently, I chose to withdraw my funds and seek investment opportunities elsewhere. This is where the experience began to resemble dealings with less reputable companies. Last Thursday, after completing several forms and answering questions, I was assured that my withdrawal was approved. I followed up the next day to confirm the transaction had been initiated and was told it would be processed immediately. Yet, come Monday morning, my funds were still in my trading account. After contacting them again, they promised to proceed with the transaction, but by evening, the money remained untouched. While the traders insist this isn't a fraudulent operation and customer service responds promptly, the delay in receiving funds is troubling. Draw your own conclusions from this experience. If the funds had arrived within a few days, I might have reconsidered my rating and review to be more favorable.

1 December 2024 Read
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