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


Visit 69.23% of retail CFD accounts lose money.	Visit 63.10% 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.	Nextmarkets is a german broker founded in 2014 that specialises in commission free stocks and ETFs trading through their proprietary platform which offers an expert advisory service via live coaches that suggest their trading ideas.
Best For
Beginner traders looking for a simple web and mobile platform to get started Passive investors looking for real equity	New investors and traders looking to explore their social and copy trading offering via live coaches New investors and traders looking for a simple and friendly mobile app for commission-free investing in stocks or 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)	MFSA (Malta Financial Services Authority)
The Good
Simple and friendly proprietary trading platform Intuitive overview of account analytics Wide variety of CFDs and real equities	Their “trading ideas” and “live coaches” offering is quite interesting and provides a lot of value for new traders Their proprietary platform is very simple and easy to use Their equities offering is completely commission-free
The Bad
Above-average FX spreads High fees (depending on the deposit / withdrawal methods) High deposit requirements for advanced services ($25,000 , $100,000)	Asides from stocks and ETFs, their asset offering lacks variety Their web platform is completely impractical to use for professional trading They don’t let you enjoy your demo trading experience in peace, there is a constant pop-up asking you to fund your account at all times
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	2014
💳 Minimum Deposit Range
$500	0
💰 Payment Methods
Credit Card Debit Card Wire Transfer Skrill Neteller FasaPay UnionPay Giropay QIWI Cryptocurrencies	Visa Mastercard Bank Transfer
💵 Account Base Currencies
3 - EUR, USD, GBP.	2 - EUR, GBP.
🗽 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, IR.
📊 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	18,037
Exchange Access
25	0
📙 Real Stocks
1,000	8,000
📙 Stock CFDs
1,000	8,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
80	22
📗 Commodities
0	0
📗 Commodities CFDs
4	5
📕 Indices
0	0
📕 Indices CFDs
12	5
📔 ETFs
0	1,000
📔 ETFs CFDs
5	1,000
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
50	4
📒 Bonds
0	0
📒 Bonds CFDs
4	1
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
7	0
Trading Experience
📈 Minimum Stock Trade Size
1 share	1 Share
📉 Minimum ETFs Trade Size
1 ETF	1 ETF
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (Eg: 0.01 BTC)	Varies per Cryptocurrency (eg: 0.1 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 lots)	Varies per commodity (eg: 1 contract of Gold - 1 ounce)
📉 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	30
💪 Professional Leverage
500	100
✍ 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	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	No
👬 Copy Trading
No	Yes
👫 Social Trading
No	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	No
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.	None
Spreads
📈 EUR/USD
Dynamic - From 2 Pips	Dynamic - From 0.6 Pips
📉 SP500
Dynamic - From 50 Pips	Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 95 Pips	Dynamic - From 40 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.21	Dynamic - From $2
📈 XLK (ETF - CFD)
Dynamic - From $0.01	Dynamic - From $0.1 to 0.3
📉 BTC
Dynamic - From $511	Dynamic - From $125
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
Yes	No
🗓 Economic Calendar
Yes	No
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	Yes
📡 Account Management
Yes	No
📡 Webinars
No	Yes