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


Visit 69.23% of retail CFD accounts lose money.	Visit 74-89% 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.	RoboForex is an international broker established in 2009 which also owns the brand RoboMarkets and specialises on CFD trading over several asset classes.
Best For
Beginner traders looking for a simple web and mobile platform to get started Passive investors looking for real equity	Intermediate and Professional traders looking for different account offerings Experienced traders looking for trading platform variety
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)	IFSC (International Financial Services Commission of Belize)
The Good
Simple and friendly proprietary trading platform Intuitive overview of account analytics Wide variety of CFDs and real equities	Comprehensive asset offering with more than 13,000+ instruments Great platform variety (MT4, MT5, cTrader and their own proprietary platforms) Custom account types with spreads from 0 pips
The Bad
Above-average FX spreads High fees (depending on the deposit / withdrawal methods) High deposit requirements for advanced services ($25,000 , $100,000)	Weak regulatory framework (counting on 1 license from the IFSC) Doesn’t accept clients from the UK, EU and a few other countries
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	$10
💰 Payment Methods
Credit Card Debit Card Wire Transfer Skrill Neteller FasaPay UnionPay Giropay QIWI Cryptocurrencies	Visa Mastercard JCB AstroPay Skrill Neteller Perfect Money AdvCash NganLuong Wallet Bank transfers (SEPA, local and several options per country)
💵 Account Base Currencies
3 - EUR, USD, GBP.	4 - USD, EUR, CNY, GOLD.
🗽 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, JP, AU, BQ, CW, TL, RU, GQ, FM, MP, SJ, SS, UK, European Union.
📊 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	13,206
Exchange Access
25	0
📙 Real Stocks
1,000	0
📙 Stock CFDs
1,000	12,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
80	40
📗 Commodities
0	0
📗 Commodities CFDs
4	100
📕 Indices
0	0
📕 Indices CFDs
12	50
📔 ETFs
0	0
📔 ETFs CFDs
5	1,000
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
50	16
📒 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	$1,000 (0.01 Lots)
📈 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	2000
💪 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	No
🔑 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.	Yes for some methods (eg: Some bank withdrawals can cost up to 1.5% of the amount).
💰 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.	Yes depending on account type (eg: for ECN accounts there are commissions up to $20).
Spreads
📈 EUR/USD
Dynamic - From 2 Pips	Dynamic - From 0 to 1.4 Pips
📉 SP500
Dynamic - From 50 Pips	Dynamic - Market Spread
📈 GOLD
Dynamic - From 95 Pips	Dynamic - From 17 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.21	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - From $0.01	Dynamic - Market Spread
📉 BTC
Dynamic - From $511	Dynamic - From $220
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