AAAFx vs eToro Comparison

AAAFx vs eToro Comparison

AAAFx versus eToro Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$300MT4, ZTP Web Trader55+HCMC
$200Web Trader & Apps1000+FCA, CySEC, ASIC

AAAFx and eToro Comparison

eToro is a Social Trading Network which offers CFD trading in 1000+ markets. AAAFx is an ECN broker which provides CFD trading in 55+ markets, but it also supports social trading with ZuluTrade. eToro offers a web trader and apps, while AAAFx provides MT4 and a web trader, ZTP. AAAFx is regulated by the HCMC in Greece, while eToro is regulated by the FCA in the United Kingdom, the CySEC in Cyprus and the ASIC in Australia.

Automated and discretionary trading

Both brokers do in fact support both discretionary trading, where the trader makes the trading decisions and automated trading where the trader does not, but in different ways. AAAFx provides MT4 and ECN trading conditions, supporting automated trading by algorithms. eToro supports automated trading, with copy trading, that is where the trades of other traders are executed in a trader's account.

Both have support for discretionary trading: AAAFx offers the ZTP web trader and MT4 (which can be used for this kind of trading as well). eToro offers its intuitive trading platform, which has extensive tools for supporting social trading.

Social and copy trading

eToro has a platform dedicated to social and copy trading. AAAFx integrates with ZuluTrade, which is a platform for social and copy trading.

Quick comparison

AAAFx is an ECN MT4 broker, eToro is a social trading network, supporting social and copy trading. Both provide web traders.

Minimum deposit and account types

The minimum deposit for AAAFx is $300 or €250 or £200 or ¥35,000 or AU$370. The minimum deposit for eToro is $200.

  • AAAFx offers an Islamic account. For deposits higher than $100,000, AAAFx offers Institutional accounts, which have lower commission charges.
  • eToro is a Social Trading Network which supports trading and auto trading by copying other traders (or being copied) and provides products based on this network.


  • AAAFx offers Forex pairs, Indices, Energy, Metals, Cryptocurrencies and the Bund, with 55+ available.
  • eToro offers Forex pairs, Indices, Energy, Metals, Cryptocurrencies, Bonds, Stocks and ETFs, with 1000+ available.


  • AAAFx provides Bitcoin, Litecoin, Ethereum, Ripple and Bitcoin Cash CFDs.
  • eToro provides Bitcoin, Litecoin, Ethereum, Ripple, Bitcoin Cash, Ethereum Classic, Dash, NEO, IOTA, EOS, Stellar, Cardano, TRON, Zcash and Binance Coin.

Spreads and leverage

  • Spreads at AAAFx are variable and are from 0.2 for EUR/USD, 1 for UK100, 0.34 for Gold and 0.05 for US Oil.
  • eToro's typical spreads are 3 for EUR/USD, 1 for UK100, 0.45 for Gold and 0.05 for US Oil.

Maximum leverage for AAAFx is . Maximum leverage for eToro is .


  • AAAFx charges a commission of $10 per lot per side for Forex and $8 for CFDs. It is possible to request no commissions trading, with a resulting increase in spreads. The Institutional account charges commissions of $3 per lot per side for transaction where USD is the currency base.
  • eToro does not charge commissions.


AAAFx offers MT4. Both brokers provide web traders and offer tablet and mobile trading.

Comparison summary

  • AAAFx is an ECN broker which also offers social trading via ZuluTrade
  • eToro is a social trading network, which offers CFD trading
  • AAAFx can provide low spreads with a commission charge
  • eToro can offer trading without a commission charge
  • Both companies provide a web trader, AAAFx also offers MT4
  • AAAFx is HCMC regulated, eToro is FCA, CySEC and ASIC regulated

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