AAATrade
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69.23% of retail CFD accounts lose money.

Vs.

Libertex
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70.8% of retail CFD accounts lose money.

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

Updated Oct 20 2022

Visit

69.23% of retail CFD accounts lose money.

Visit

70.8% 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.

Libertex is a broker headquartered in Cyprus that operates since 1997 and offers trading in over 250 financial instruments.

Best For
  • Beginner traders looking for a simple web and mobile platform to get started
  • Passive investors looking for real equity
  • European-based traders who are looking to trade forex and cryptocurrencies
  • Traders who need to monitor their positions through mobile apps
  • Long-term investors in equities
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

0

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • CySec (Cyprus.
The Good
  • Simple and friendly proprietary trading platform
  • Intuitive overview of account analytics
  • Wide variety of CFDs and real equities
  • Clean and user-friendly trading platform
  • Advanced mobile app with news integration for iOS and Android
  • Zero commission stock investing
The Bad
  • Above-average FX spreads
  • High fees (depending on the deposit / withdrawal methods)
  • High deposit requirements for advanced services ($25,000 , $100,000)
  • Doesn't support use of Expert Advisors (EA)
  • Stock CFDs are limited to popular (blue chip) choices
  • Weak regulatory framework
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 1997
💳 Minimum Deposit Range
$500 $100
💰 Payment Methods
  • Credit Card
  • Debit Card
  • Wire Transfer
  • Skrill
  • Neteller
  • FasaPay
  • UnionPay
  • Giropay
  • QIWI
  • Cryptocurrencies
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Paypal
  • Sofort
  • iDeal
💵 Account Base Currencies
3 - EUR, USD, GBP. 4 - EUR, GBP, PLN, CHF
🗽 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.

US, CA, SY.

📊 STP Account
Yes No
📊 DMA Account
Yes Yes
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs Hybrid
Total Asset Offering
2,162 374
Exchange Access
25 0
📙 Real Stocks
1,000 100
📙 Stock CFDs
1,000 100
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
80 52
📗 Commodities
0 0
📗 Commodities CFDs
4 17
📕 Indices
0 0
📕 Indices CFDs
12 18
📔 ETFs
0 0
📔 ETFs CFDs
5 10
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
50 73
📒 Bonds
0 0
📒 Bonds CFDs
4 0
📓 Options
0 0
📓 Options CFDs
0 4
📗 Futures
0 0
📗 Futures CFDs
7 0
Trading Experience
📈 Minimum Stock Trade Size
1 share $20 minimum trade size
📉 Minimum ETFs Trade Size
1 ETF $20 minimum trade size
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (Eg: 0.01 BTC) $20 minimum trade size
📉 Minimum FX Trade Size
$1,000 (0.01 lots) $20 minimum trade size
📈 Minimum Commodities Trade Size
$1,000 (0.01 lots) $20 minimum trade size
📉 Minimum Bonds Trade Size
100 units Unavailable
📈 Minimum Futures Trade Size
$1,000 (0.01 lots) Unavailable
📉 Minimum Options Trade Size
Unavailable $20 minimum trade size
💪 Retail Leverage
30 30
💪 Professional Leverage
500 500
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
Yes Yes
🎓 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 No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No Yes
Fees
💰 Inactivity Fee

€15 after 3 months of inactivity.

€10/month after 180 calendar days of inactivity.

💰 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.

Depending on the service - up to 1%, 2% withdrawal fee on an inactive account.

💰 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.
None
Spreads
📈 EUR/USD
Dynamic - From 2 Pips Dynamic - From 0 to 1.2 Pips
📉 SP500
Dynamic - From 50 Pips Dynamic - From 83 Pips
📈 GOLD
Dynamic - From 95 Pips Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.21 Dynamic - From $4
📈 XLK (ETF - CFD)
Dynamic - From $0.01 Dynamic - Market Spread
📉 BTC
Dynamic - From $511 Dynamic - From $205
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 Yes
📡 Live Chat Support
No Yes
📡 Video Tutorials
No No
📡 Account Management
Yes Yes
📡 Webinars
No No