The Company. Security of Funds
Established in 2013, AAA Trade is a forex broker, which offers multiple trading assets that include a variety of currency pairs as well as a vast selection of CFDs on stocks, indices and other commodities through the MT4 platform.
AAA Trade Ltd., trading under the brand name AAA Trade, is a fully licensed European-based investment company licensed and regulated under the supervision of the Cyprus Securities and Exchange Commission (CySEC).
CySEC enforces certain conditions on licensees and monitors that they adhere to the guidelines that are set. For instance, funds from customers must be stored in segregated accounts. Additionally being a requirement, the Commission demands that forex brokers maintain at least one million euros to prove their excellent financial health.
To further protect clients the money, CySEC regulates all firms are part of the Investor Compensation Fund, which is able to offer compensation to its clients of up to 200.000 EUR in the event a CySEC-regulated broker goes into insolvency or ceases to trade.
Furthermore, every CySEC-regulated investment firm is MiFID certified and thus able to provide cross-border service in of the EU as part of MiFID. MiFID Passporting regime.
Trading Conditions
Minimum Initial Deposit
To create an account at AAA Trade, traders have to deposit a minimum of $500. This is typical of the industry. However, some other brokers based in Cyprus require less deposit amounts for initial deposits. For example, Easy-forex requires $25 and FXTM demandsonly requires $5 from its customers to begin. It is evident that the target audience for this broker is high-volume and institutional traders, taking into consideration that the minimum size for trades of 0.1 (mini quantities).
Spreads & Commissions
AAA Trade offers fixed spreads that are quite acceptable between 1.8 and 1.8 to the EUR/USD currency pair, while the majority of spread-based brokers provide spreads of 2 pip or more in this currency pair.
Comparatively, Exness provides fixed spreads of 1.7 per cent and the different ones for EUR/USD are averaged at 0.4 percent on EUR/USD and a commission up to 2.5 for a normal amount (per for each side). To find out more it is possible to find the real-time spreads for the top 15 brokerages here.
Leverage
The maximum leverage provided through AAA Trade has been set at 1:200, which is thought of as an industry standard ratio. However, many brokers based in Cyprus provide higher leverage levels, for instance, XM offers leverage as high as 1:888, and FXTM can go up to 1:1000. Look up a list brokers offering leverage of at least 1:500..
However, we recommend traders to be cautious when trading margins due to the fact that higher leverage comes with more risk of losing money and may exceed the initial investment.
Trading Platform
This broker is compatible with the renowned MetaTrader 4 (MT4), desktop mobile, web and desktop versions are available.
MT4 is a renowned international trading terminalthat provides an array of tools and resources for trading including a variety available technical indicators built into the program advanced charting software as well as a broad range of Expert Advisors (EAs) as well as numerous back-testing options. Users can download pre-made or design custom EAs as well as let the software complete the task.
Unfortunately this broker doesn’t permit the scalping of clients..
Methods of Payment
The following payment options are accessible for AAA Trade clients: credit/debit cards as well as bank wire transfer and payment via e-wallets like WebMoney Iandeks, Qiwi, and Iandeks, Neteller.
Accepted currencies: GBP, USD, EUR.
Conclusion
AAA Trade is a well-regulated broker offering online access to more than 20 currency pairs including stocks, indices and commodities CFDs using the MT4 platform, which is famous.
| AAATrade Summary | |
|---|---|
| AAATrade Details | Information |
| Regulators | CySEC |
| Country |  Cyprus |
| Base Currencies | USD, EUR, GBP |
| Type Of Brokers | ECN, STP |
| Trading Platform | Desktop, Mobile, MT4 |
| Established Year | 2013 |
| Website Language | English, French |
| US Clients | |
| AAATrade Spreads | |
|---|---|
| Option | Information |
| Minimum Spreads | 0.0 |
| Commission | |
| Fixed Spreads | |
| AAATrade Payment & Withdrawal Option | |
|---|---|
| Option | Information |
| Acc Funding Methods |  Skrill,  Visa Card,  Master Card |
| Acc Withdrawal Methods | Skrill, Visa Card, Master Card |
| AAATrade Suitable For | |
|---|---|
| Option | Information |
| Publicly Traded | |
| Beginners | |
| Day Trading | |
| Weekly Trading | |
| Professionals | |
| Swing Trading | |
| AAATrade Trading Account Options | |
|---|---|
| Option | Information |
| Maximum Leverage | 1:200 |
| Mini Account | |
| VIP Accounts | |
| Segregated Accounts | |
| Free Demo Accounts | |
| Managed Accounts | |
| Pro Account | |
| Minimum Deposit | 500 USD |
| Islamic Account | |
| AAATrade Trading Services | |
|---|---|
| Option | Information |
| Hedging | |
| News Trading | |
| Scalping | |
| Automated Trading | |
| Indices | |
| Commodities | |
| Forex instruments | |
| CFDs | |
| ETFs | |
| Stocks | |
| Bonds | |
| Cryptocurrencey | |
| Trading Signals | |
| Educational Service | |
| Copy Tradings | |
| AAATrade Contact & Support | |
|---|---|
| Option | Information |
| Telephone No | 44 203 769 2245 |
| info@aaatrade.com | |
| 24 Hours Support | |
| Support During Weekends | |
| Address | 205, Arch. Makarios III Ave., Victory House, 1st Floor, 3030, Limassol, Cyprus. |
