24Option vs AAAFx - Online Brokerage Comparison

24Option vs AAAFx | Compare Trading Brokers

24Option vs AAAFx Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$250MT4, Web Trader & Apps130+CySEC, IFSC
$300MT4, ZTP Web Trader55+HCMC

24Option vs AAAFx Comparison

Both of these brokers offer MetaTrader 4 (MT4) to the trader and each also provides a web trader. The web traders are designed with the human trader in mind, though AAAFx's web trader (ZTP) can also be used for automated trading. AAAFx is an ECN broker and offers trading with a commission charge. What this means is that spreads can be lower than when a commission in not charged. For example, it means that for the most liquid Forex pairs, very low spreads close to zero can be seen (though spreads are variable and can range higher). This kind of trading is typically suited to robots, though humans can trade this way as well. Human traders may appreciate an ECN trading environment, where orders are matched via the broker's ECN (versus trading effectively with the broker), though again this is potentially particularly suited to robots. 24Option is regulated by the CySEC in Cyprus and the IFSC in Belize. AAAFx is regulated by the HCMC in Greece.

Quick comparison

Both provide MT4 and web traders, though AAAFx is an MT4 ECN broker.

Minimum deposit and key account features

The minimum deposit for 24Option is $/€/£250. The minimum deposit for AAAFx is $300.

  • 24Option provides CFD trading and offers an Economic Calendar, Market Reports, Analysis and Videos on its website and Trading Central.
  • AAAFx offers CFD trading. AAAFx provides an Islamic account. For deposits higher than $100,000, AAAFx offers Institutional accounts, which have lower commission charges. AAAFx offers support for social and copy trading via ZuluTrade.

Markets

  • 24Option offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 130+ available.
  • AAAFx offers Forex, Indices, Energy, Metals, Cryptocurrencies and Bonds, with 55+ available.

Cryptocurrency CFDs

  • 24Option offers Bitcoin, Ethereum, Litecoin, Ripple and DASH.
  • AAAFx offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.

Leverage

Maximum leverage for 24Option (CySEC regulated) is . Maximum leverage for AAAFx (HCMC regulated) is .

Online trading platforms

Both offer MT4. 24Option additionally provides a web trader and apps, while AAAFx offers the ZTP web trader.

Why 24Option or AAAFx ?

Trader who wish to use a web trader can find this at either broker. These web traders are each designed with the human trader in mind, though AAAFx's web trader (ZTP) can also be used for automated trading via ZuluScripts. Both brokers additionally offer MT4, though AAAFx is an MT4 ECN broker and traders who trade with Expert Advisors (MT4 online trading robots) may appreciate this kind of trading environment.

Comparison summary

  • Both offer CFD trading
  • Each provides MT4
  • Both offer (different) web traders
  • AAAFx is an ECN broker

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