AAATRADE

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About company:

Cyprus broker AAA Trade is regulated by the CySEC and offers currency pairs, indices, metals, futures, stocks, CFDs and cryptocurrencies for trading.

Company. Fund security

Founded in 2013, AAA Trade offers a wide variety of assets to trade on the MT4 platform.

AAA Trade Ltd., trading under the brand name AAA Trade, is a licensed investment firm in the EU controlled by the Cyprus Securities and Exchange Commission (CySEC).

CySEC puts forward strict requirements for license holders and monitors their unswerving implementation. A prerequisite for the regulator is to keep clients' money only in segregated accounts. The second important rule: Forex brokers must have at least € 1,000,000 in their account as proof of a stable financial position.

As an additional guarantee of the safety of investments, CySEC obliged all controlled companies to join the Investor Compensation Fund. This means that in the event of a broker's insolvency, the fund will be able to cover the costs of traders and return their money. Payments are limited: up to EUR 20,000 per person.

In addition, each CySEC regulated investment company operates under the MiFID Directive and therefore has the right to offer its services throughout the European Union.

Trading conditions

AAA Trade offers trading on an interest-free trading account, as well as special accounts for CFDs and cryptocurrencies.

The broker maintains swap-free accounts for Muslim clients.

Minimum initial deposit

To open an account with AAA Trade, traders must invest a minimum of $ 500. This is not the best deal, as there are brokers that offer trading from $ 100 and even $ 1. Obviously, the target group of the broker is institutional clients and professional traders.

We would recommend for beginners to start trading with a demo account.

Spreads and commissions

AAA Trade offers fixed spreads, on average 1.8 pips for the popular EUR / USD pair. While many other brokerage companies set a fixed spread of 2 pips for the same pair. But there are also those who have a smaller spread.

Leverage

The maximum leverage is 1: 200.

Be extremely careful when trading on margin. By choosing a higher leverage, you not only increase your profit, but also your loss if you fail.

Trading platforms

AAA Trade provides trading on MetaTrader 4, the most popular terminal in the world. You can choose from desktop, web and mobile.

MT4 offers a full range of tools and resources for trading: support for trading indicators, charts, a simple interface that allows you to trade easily on an unstable market, ready-made algorithms for trading (advisors).

Unfortunately, the broker does not allow scalping.

Analytics and education

The company even has an academy for traders where training seminars, webinars are held, useful articles, materials and news about Forex are published.

Support service

There are dedicated telephones for 26 countries, including Russia. The main office is located in Cyprus in Limassol. Support is also provided through live chat and feedback forms.

Ways of payment

You can deposit and withdraw money using credit and debit cards, bank transfers and electronic payment systems - WebMoney, Yandex, Qiwi, Skrill, Neteller.

The broker accepts deposits in GBP, USD, EUR.

Pros:

regulated broker; there is MT4; high leverage.

Minuses:

there is no choice of trading platforms; scalping is prohibited; only fixed spreads are available.

FAQ - BROKER QUESTIONS AAATRADE

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Can the broker AAATRADE be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. AAATRADE received a rating of 1 out of 5 on our resource.