Updated May 13 2022
Overview | |
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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. |
Best For | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 4 Other Licenses 2 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
N/A | N/A |
Key Data | |
⌛ Account Opening Time | |
1 Day | 1 Day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2001 | 2013 |
💳 Minimum Deposit | |
$100 | $500 |
💰 Payment Methods | |
💵 Account Base Currencies | |
6 - GBP, USD, EUR, AUD, JPY, CHF. | 3 - USD, EUR, GBP. |
🗽 Available to U.S Citizens | |
Yes | No |
❌ Restricted Countries | |
None | 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. |
📊 STP Account | |
Yes | Yes |
📊 DMA Account | |
Yes | Yes |
📊 ECN Account | |
Yes | No | Assets |
📚 Available Assets | |
📙 Stocks | |
4,500+ | 1,000+ |
📘 Currency Pairs | |
93 | 80+ |
📗 Commodities | |
35 | 4 |
📕 Indices | |
24 | 12 |
📔 ETFs | |
700+ | 5 |
💸 Cryptocurrencies | |
5 | 50+ |
📒 Bonds | |
14 | 4 |
📓 Options | |
N/A | N/A |
📗 Futures | |
N/A | 7 |
📝 Notes: | |
All of Forex.com’s assets are CFDs. |
Almost all assets are CFDs, except for 45 blue chip stocks |
Trading Experience |
📈 Minimum Stock Trade Size | |
Varies per share (eg: 0.3 AMZN shares) | 1 Share |
📉 Minimum ETFs Trade Size | |
Varies per ETF (eg: 5 contracts of XLK) | 1 ETF |
📈 Minimum Crypto Trade Size | |
Varies per Cryptocurrency (eg: 0.01 BTC) | Varies per Cryptocurrency (Eg: 0.01 BTC) |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | $1,000 (0.01 lots) |
📈 Minimum Commodities Trade Size | |
Varies per commodity (eg: 1 contract of Gold) | $1,000 (0.01 lots) |
📉 Minimum Bonds Trade Size | |
Varies per Bond (eg: 1 contract of Euro Bobl) | !00 Units |
📈 Minimum Futures Trade Size | |
N/A | $1,000 (0.01 lots) |
📉 Minimum Options Trade Size | |
N/A | N/A |
💪 Retail Leverage | |
Up to 1:30 | Up to 1:30 |
💪 Professional Leverage | |
Up to 1:500 | Up to 1:200 |
✍ Customisable Leverage | |
No | Yes |
🎲 Deleveraged Trading | |
Yes | Yes |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | No |
📺 MetaTrader 5 | |
Yes | Yes |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
Yes | 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 | |
Yes | Yes | Fees |
💰 Inactivity Fee | |
Yes, $15 monthly after 1 year of inactivity. |
Yes, €15 after 3 months of inactivity. |
💰 Deposit Fees | |
No | Yes, from 0.2% for cryptocurrency, credit and debit cards up to 5% for alternative payments. Direct wire transfers have a fee of €10. |
💰 Withdrawal Fees | |
No | No for debit/credit card and e-payment. Wire transfer has a €10 fee. |
💰 Commissions | |
Yes depending on account type.
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Spreads |
📈 EUR/USD | |
Dynamic - From 0.8 Pips | Dynamic - From 2 Pips |
📉 SP500 | |
From 60 Pips | Dynamic - From 50 Pips |
📈 GOLD | |
From 50 Pips | Dynamic - From 95 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - Market Spread | Dynamic - From $0.21 |
📈 XLK (ETF - CFD) | |
Dynamic - Market Spread | Dynamic - From $0.01 |
📉 BTC | |
From $120 | Dynamic - From $511 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | Yes (Partial) |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | Yes |
📡 Reuters Feed | |
Yes | Yes |