Freedom Finance
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Vs.

AAATrade
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69.23% of retail CFD accounts lose money.

Freedom Finance Vs. AAATrade - Compare and Choose the Right One

Updated Oct 20 2022

Visit

Your capital is at risk.

Visit

69.23% of retail CFD accounts lose money.

Overview

Freedom Finance is an equities broker founded in 2008 belonging to the parent group Freedom Holding Corp (a publicly traded company on NASDAQ exchange). Their specialty is providing access to more than 1 million stocks, ETFs, bonds, futures and options worldwide along with IPOs.

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
  • Real equities traders looking to day-trade stocks, options, futures and ETFs
  • Long term investors looking to build a stocks or ETFs portfolio
  • Experienced investors that know which assets they are looking for
  • Beginner traders looking for a simple web and mobile platform to get started
  • Passive investors looking for real equity
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

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)
  • BaFin (Germany)
  • SEC (United States)
  • CySec (Cyprus)
The Good
  • Over 1,500,000+ assets from several exchanges worldwide
  • All assets are real equities (they do not provide CFDs)
  • InvestIdeas section with great analysis on several high potential stocks
  • 3% per year in their savings D-account (Daily interest accrual)
  • Simple and friendly proprietary trading platform
  • Intuitive overview of account analytics
  • Wide variety of CFDs and real equities
The Bad
  • The use of SMS codes for authentication of basic operations can be an issue for frequent international travellers
  • Freedom Finance does not offers currencies, cryptocurrencies or spot commodities
  • No stock screener or tools to research and analyse stocks efficiently
  • Above-average FX spreads
  • High fees (depending on the deposit / withdrawal methods)
  • High deposit requirements for advanced services ($25,000 , $100,000)
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
2008 2013
💳 Minimum Deposit Range
0 $500
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfers
  • Credit Card
  • Debit Card
  • Wire Transfer
  • Skrill
  • Neteller
  • FasaPay
  • UnionPay
  • Giropay
  • QIWI
  • Cryptocurrencies
💵 Account Base Currencies
3 - EUR, USD, GBP. 3 - EUR, USD, GBP.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

SY, IR. 

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
No Yes
📊 DMA Account
Yes Yes
📊 ECN Account
No No
Banking License
Yes No
Debit Card
No No
Assets
📚 Assets Type
Equities CFDs
Total Asset Offering
1,411,284 2,162
Exchange Access
0 25
📙 Real Stocks
58,571 1,000
📙 Stock CFDs
0 1,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
0 80
📗 Commodities
0 0
📗 Commodities CFDs
0 4
📕 Indices
0 0
📕 Indices CFDs
0 12
📔 ETFs
1,500 0
📔 ETFs CFDs
0 5
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
0 50
📒 Bonds
191,959 0
📒 Bonds CFDs
0 4
📓 Options
1,153,234 0
📓 Options CFDs
0 0
📗 Futures
6,020 0
📗 Futures CFDs
0 7
Trading Experience
📈 Minimum Stock Trade Size
1 Share 1 share
📉 Minimum ETFs Trade Size
1 ETF 1 ETF
📈 Minimum Crypto Trade Size
Unavailable Varies per Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
Unavailable $1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
Unavailable $1,000 (0.01 lots)
📉 Minimum Bonds Trade Size
1 Contract 100 units
📈 Minimum Futures Trade Size
1 Contract $1,000 (0.01 lots)
📉 Minimum Options Trade Size
1 Contract Unavailable
💪 Retail Leverage
3 30
💪 Professional Leverage
Unavailable 500
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
Yes Yes
🎓 Demo Account
No Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No No
📺 MetaTrader 5
No Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
No Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No No
Fees
💰 Inactivity Fee
None

€15 after 3 months of inactivity.

💰 Deposit Fees

Yes, 7€ for bank transfers.

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

Yes, up to 2.5% for credit / debit cards.

Wire transfers have a €10 fee.

💰 Commissions

Yes and the vary per account:

In their all inclusive USD account they charge,

  • 0.5% + $0.012 per share with a minimum  of $1.2 per trade
  • $0.65 per USA stock options contract
  • 12% for margin lending

In their Smart in EUR account they charge,

  • 0.02€ per share with a minimum of 2€ per trade
  • $0.65 per USA stock options contract
  • 12% for margin lending
  • €0.05 for each SMS notification

In their Fix in EUR account, they charge,

  • 10€ Monthly account fee
  • 0.012€ per share with a minimum of 1.2€ per trade
  • $0.65 per USA stock options contract
  • 12% for margin lending
  • €0.03 for each SMS notification
  • 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.
Spreads
📈 EUR/USD
Unavailable Dynamic - From 2 Pips
📉 SP500
Unavailable Dynamic - From 50 Pips
📈 GOLD
Unavailable 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
Unavailable Dynamic - From $511
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No Yes
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No
📡 Educational Content
No Yes
📡 Live Chat Support
No No
📡 Video Tutorials
No No
📡 Account Management
No Yes
📡 Webinars
No No