AAATrade Vs. XM - Compare and Choose the Right One


Visit 83.72% of retail CFD accounts lose money.	Visit 74.07% 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.	XM is an international broker headquartered in Cyprus which offers MetaTrader 4 & 5 and over 1500 + tradable assets.
Best For
Beginner traders looking for a simple web and mobile platform to get started Passive investors looking for real equity	Experienced traders looking to trade shares in high volume using their Zero account MetaTrader users wishing to explore XM's offering while maintaining their preferred platforms
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus)	ASIC (Australia) CySec (Cyprus) ADGM (United Arab Emirates)
The Good
Simple and friendly proprietary trading platform Intuitive overview of account analytics Wide variety of CFDs and real equities	Competitive commissions on their Zero account Modest asset offering of 1500+ tradable instruments (similar to competitors in the same range)
The Bad
Above-average FX spreads High fees (depending on the deposit / withdrawal methods) High deposit requirements for advanced services ($25,000 , $100,000)	No proprietary platforms or technology Expensive spreads and trading fees Lack of asset variety when compared to other brokers in the same range
Status
Operational	Operational
Recent News
N/A	N/A
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
$500	€, £, $ - 5
💰 Payment Methods
Credit Card Debit Card Wire Transfer Skrill Neteller FasaPay UnionPay Giropay QIWI Cryptocurrencies	Visa Mastercard Bank Transfer Neteller Skrill
💵 Account Base Currencies
3 - USD, EUR, GBP.	11 - USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR.
🗽 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.
📊 STP Account
Yes	No
📊 DMA Account
Yes	No
📊 ECN Account
No	No
Assets
📚 Available Assets
Real stocks and ETFs CFDs on stocks, ETFs, currencies, cryptocurrencies, commodities, indices and futures.	CFDs on stocks, commodities, currencies and indices.
📙 Stocks
1,000+	1286
📘 Currency Pairs
80+	57
📗 Commodities
4	15
📕 Indices
12	14
📔 ETFs
5	N/A
💸 Cryptocurrencies
50+	N/A
📒 Bonds
4	N/A
📓 Options
N/A	N/A
📗 Futures
7	10
📝 Notes:
Almost all assets are CFDs, except for 45 blue chip stocks	All of XM's assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
1 Share	Fractional Share trading - Varies per stock (Eg: 0.1/16 of ADBE shares)
📉 Minimum ETFs Trade Size
1 ETF	N/A
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (Eg: 0.01 BTC)	N/A
📉 Minimum FX Trade Size
$1,000 (0.01 lots)	$100 (0.001 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 lots)	Varies by Commodity (Eg: 0.01 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
!00 Units	N/A
📈 Minimum Futures Trade Size
$1,000 (0.01 lots)	All of XM's futures are commodities, same rules apply.
📉 Minimum Options Trade Size
N/A	N/A
💪 Retail Leverage
Up to 1:30	Up to 1:30
💪 Professional Leverage
Up to 1:200	N/A
✍ Customisable Leverage
Yes	Yes
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	No
📱 Android App
Yes	No
📺 MetaTrader 4
No	Yes
📺 MetaTrader 5
Yes	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	No
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
Yes, €15 after 3 months of inactivity.	Yes, $15 one time payment after 1 year of inactivity and then $5 monthly.
💰 Deposit Fees
Yes, from 0.2% for cryptocurrency, credit and debit cards up to 5% for alternative payments. Direct wire transfers have a fee of €10.	No
💰 Withdrawal Fees
No for debit/credit card and e-payment. Wire transfer has a €10 fee.	No
💰 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 on Zero accounts ($7 per lot round turn).
Spreads
📈 EUR/USD
Dynamic - From 2 Pips	Dynamic - From 1.7 Pips
📉 SP500
Dynamic - From 50 Pips	Dynamic - From 40 Pips
📈 GOLD
Dynamic - From 95 Pips	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.21	Dynamic - From $9.4
📈 XLK (ETF - CFD)
Dynamic - From $0.01	N/A
📉 BTC
Dynamic - From $511	N/A
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
Yes (Partial)	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
Yes	No