AAATrade Vs. FBS - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 69.23% of retail CFD accounts lose money.	Visit 76.5% of retail CFD accounts lose money.
Overview
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.	FBS is a global broker established in 2009 that specialises in currencies trading via MetaTrader 4 & 5 platforms along with their own proprietary mobile app.
Best For
Beginner traders looking for a simple web and mobile platform to get started Passive investors looking for real equity	New traders looking to trade via MT4 with really low starting amounts using their Cent or Micro accounts Experienced high volume traders looking for a fixed zero spread account
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 3 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus)	IFSC (Belize) CySec (Cyprus) ASIC (Australia) FSCA (South Africa)
The Good
Simple and friendly proprietary trading platform Intuitive overview of account analytics Wide variety of CFDs and real equities	Clear account offering that covers all levels of traders according to their net worth Proprietary copy trading service Access to high leverage (Up to 1:3000)
The Bad
Above-average FX spreads High fees (depending on the deposit / withdrawal methods) High deposit requirements for advanced services ($25,000 , $100,000)	Asset offering is extremely limited with over 100+ instruments Minimum deposit for ECN account is high $1,000
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 day
📋 Documents Required
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.
📍 Year Founded
2013	2009
💳 Minimum Deposit Range
$500	From $1 to $1,000
💰 Payment Methods
Credit Card Debit Card Wire Transfer Skrill Neteller FasaPay UnionPay Giropay QIWI Cryptocurrencies	Visa Mastercard Maestro Neteller Sticpay Skrill Perfect Money Bank Transfer (depending on location and entity) Bitcoin Ethereum USDT (Tether)
💵 Account Base Currencies
3 - EUR, USD, GBP.	3 - EUR, USD, AUD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
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.	JP, US, CA, MY, IL, IR.
📊 STP Account
Yes	Yes
📊 DMA Account
Yes	No
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
2,162	254
Exchange Access
25	0
📙 Real Stocks
1,000	0
📙 Stock CFDs
1,000	104
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
80	102
📗 Commodities
0	0
📗 Commodities CFDs
4	8
📕 Indices
0	0
📕 Indices CFDs
12	12
📔 ETFs
0	0
📔 ETFs CFDs
5	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
50	28
📒 Bonds
0	0
📒 Bonds CFDs
4	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
7	0
Trading Experience
📈 Minimum Stock Trade Size
1 share	$1,000 - 0.01 Lots
📉 Minimum ETFs Trade Size
1 ETF	Unavailable
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (Eg: 0.01 BTC)	$1,000 - 0.01 Lots
📉 Minimum FX Trade Size
$1,000 (0.01 lots)	$1,000 - 0.01 Lots
📈 Minimum Commodities Trade Size
$1,000 (0.01 lots)	$1,000 - 0.01 Lots
📉 Minimum Bonds Trade Size
100 units	Unavailable
📈 Minimum Futures Trade Size
$1,000 (0.01 lots)	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	3000
💪 Professional Leverage
500	Unavailable
✍ Customisable Leverage
Yes	Yes
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
No	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
€15 after 3 months of inactivity.	None
💰 Deposit Fees
From 0.2% for cryptocurrency, credit and debit cards up to 5% for alternative payments. Direct wire transfers have a fee of €10.	None
💰 Withdrawal Fees
Wire transfers have a €10 fee.	None
💰 Commissions
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.	FBS commissions vary per account type as follows: Cent account: none Micro account: none Standard account: none Zero spread account: From $20 per lot ECN account: From $6 per lot Crypto account: 0.05% for opening or closing positions
Spreads
📈 EUR/USD
Dynamic - From 2 Pips	Dynamic - From 0 to 3 Pips
📉 SP500
Dynamic - From 50 Pips	Dynamic - From 170 Pips
📈 GOLD
Dynamic - From 95 Pips	Dynamic - From 32 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.21	Dynamic - From $0.08
📈 XLK (ETF - CFD)
Dynamic - From $0.01	Unavailable
📉 BTC
Dynamic - From $511	Dynamic - From $104
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
Yes	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	No
📡 Live Chat Support
No	No
📡 Video Tutorials
No	No
📡 Account Management
Yes	No
📡 Webinars
No	No