AAATrade Vs. ETX Capital - Compare Trustworthiness, Capabilities, Fees and Legitimacy

AAATrade is a Cyprus based broker established in 2013, that offers a variety of financial instruments including contracts for difference (CFDs), forex, stock, commodities, cryptocurrencies and others.

Founded in 1965, ETX Capital dedicated the last decades to both spread betting and CFD trading until their recent rebranding into OvalX.

• Beginner traders looking for a simple web and mobile platform to get started
• Passive investors looking for real equity

• Forex traders for variety of currencies and high net worth equities
• Traders seeking commission free equities inside their 250 commission-less selection
• Traders who want to trade commodity futures and bonds 

• CySec (Cyprus)

• FCA (UK)
• FSCA (South Africa)
• CySec (Cyprus)

• Simple and friendly proprietary trading platform
• Intuitive overview of account analytics
• Wide variety of CFDs and real equities

• Commission-free trades for 250 equities
• Low minimum deposit to open standard account (100£)
• Wide selection of commodity futures and bonds
• Decent educational material for market research, including seminars on indices, commodities and currencies

• Above-average FX spreads
• High fees (depending on the deposit / withdrawal methods)
• High deposit requirements for advanced services ($25,000 , $100,000)

• Doesn’t provide live news feed on standard account
• No ability to purchase real stocks or ETFs (All assets are CFDs)
• Expensive commissions on shares (Eg minimum $15 on US shares, 10 € on EU shares)

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• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Credit Card
• Debit Card
• Wire Transfer
• Skrill
• Neteller
• FasaPay
• UnionPay
• Giropay
• QIWI
• Cryptocurrencies

• Visa
• Mastercard
• Maestro
• Skrill
• UnionPay
• Bank Transfer

US, AS, AI, BB, FJ, GU, PW, PA, WS, SC, TT, VU, AL, BS, BW, KH, GH, JM, MU, MM, NI, PK, UG, SY, YE, ZW, IR, KR, AF, IQ, MN.

US, BE, CN, SG, CH.

€15 after 3 months of inactivity.

From 0.2% for cryptocurrency, credit and debit cards up to 5% for alternative payments. Direct wire transfers have a fee of €10.

Wire transfers have a €10 fee.

• No commissions on novice accounts.
• Commission free trading for stock ETFs on Experienced accounts
• FX commissions are $4-$8 per lot depending whether the pair is major, minor or exotic.

Depending on asset class. (Eg: U.S shares have a 2 cents per share charge with a minimum of $15 per order, European shares have a 0.1% of transaction value charge with a minimum 10 € charge)