Forex.com Vs. AAATrade - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Forex.com is a global broker headquartered in the U.S and part of StoneX (publicly traded company on NASDAQ) that specialises in offering CFDs based on commodities, currencies, indices, stocks, ETFs, shares, bonds and cryptocurrencies.

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.

• Traders of all levels (beginner to advanced) looking for competitive pricing
• Trades of all levels looking for a great platform variety
• High volume traders looking for ECN or DMA accounts offering deep liquidity for large trades

• Beginner traders looking for a simple web and mobile platform to get started
• Passive investors looking for real equity

• FINRA (United States)
• FCA (UK)
• FFAJ (Japan)
• IIROC (Canada)
• CySec (Cyprus)
• CIMA (Cayman Islands)

• CySec (Cyprus)

• Great platform offering (Proprietary, TradingView, MetaTrader 4 & 5)
• Excellent asset offering (more than 5,000+ instruments)
• Competitive spreads in some of their assets

• Simple and friendly proprietary trading platform
• Intuitive overview of account analytics
• Wide variety of CFDs and real equities

• Despite presenting a great customisable platform, it still feels messy and not intuitive to use
• Commissions are expensive when compared to similar competitors 

• Above-average FX spreads
• High fees (depending on the deposit / withdrawal methods)
• High deposit requirements for advanced services ($25,000 , $100,000)

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• 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.

• Visa
• Mastercard
• Skrill
• Neteller
• Bank Transfer

• Credit Card
• Debit Card
• Wire Transfer
• Skrill
• Neteller
• FasaPay
• UnionPay
• Giropay
• QIWI
• Cryptocurrencies

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.

$15 monthly after 1 year of inactivity.

€15 after 3 months of inactivity.

From 0.2% for cryptocurrency, credit and debit cards up to 5% for alternative payments. Direct wire transfers have a fee of €10.

Wire transfers have a €10 fee.

Depending on account type.

• Standard account has no commissions
• “Commission Account” and “DMA Account” have a flat $5 fee commission per lot round turn

• 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.