AAAFx vs Plus500 Comparison

AAAFx vs Plus500 Broker Comparison

AAAFx versus Plus500
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$300MT4, ZTP55+HCMC
$100Web Trader & Apps2000+ASIC, FCA, FSB, CySEC, FMA, MAS & IE

AAAFx and Plus500 Comparison

AAAFx is an ECN broker offering trading in a core group of markets. Plus500 has a wider range and larger number of CFDs. Both brokers offer web traders, while AAAFx additionally provides MT4. AAAFx provides low spreads with a commission charge. Plus500 offers trading without a commission charge.

While Plus500 can offer more CFDs than AAAFx, AAAFx has a competitive number for an ECN broker. Both brokers offer Cryptocurrency CFDs.

AAAFx is regulated by by the HCMC in Greece. Plus500UK Ltd is authorized and regulated by the FCA (#509909). Plus500CY Ltd is authorized and regulated by CySEC (#250/14). Plus500SG Pte Ltd is licensed by the MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018). Plus500AU Pty Ltd (ACN 153301681) is licensed by: ASIC in Australia, AFSL #417727 and FMA in New Zealand, FSP #486026 and is an authorised Financial Services Provider in South Africa, FSP #47546.

Quick comparison

AAAFx is an ECN CFD broker, Plus500 is a CFD broker offering more markets to trade. Both offer web traders, AAAFx additionally offers MT4. Plus500 has a range of apps, from desktop to watch.

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 Plus500 is $/€/£100 or AU$200.

  • AAAFx offers an Islamic account. For deposits higher than $100,000, AAAFx offers Institutional accounts, which have lower commission charges.
  • Plus500 offers an Economic Calendar on its website covering news events and market effects.

Markets

  • AAAFx provides Forex pairs, Indices, Energy, Metals, Cryptocurrencies and Bonds with 55+ on offer.
  • Plus500 provides Forex pairs, Indices, Energy, Metals, Cryptocurrencies, Soft Commodities, Stocks, ETFs and Options CFDs, with 2000+ on offer.

Cryptocurrency CFDs

  • AAAFx offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ripple.
  • Plus500 offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, IOTA, NEO, Monero, EOS, Stellar, Cardano and TRON.

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.
  • Plus500 offers fixed and variable spreads depending on the instrument.

Maximum leverage for AAAFx is . Maximum leverage for Plus500 is .

Commissions

  • 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.
  • Plus500 does not charge commissions.

Platforms

AAAFx offers MT4 and a web trader, ZTP. Plus500 offers its own trading platform. Plus500's platform has 95+ technical indicators, time frames from tick to 1 week and 7 chart price types.

Why AAAFx or Plus500 ?

AAAFx supports a range of trading styles, including those suited to ECN trading, offering MT4 and a web trader. Plus500 supports those who wish to trade on a web trader and apps, with many more markets.

Comparison summary

  • AAAFx offers ECN trading
  • AAAFx offers low spreads with a commission charge
  • Plus500 provides trading without a commission charge
  • AAAFx offers MT4
  • Plus500 offers many more CFDs
  • AAAFx provides a competitive number for an ECN broker
  • Both brokers offer a range of cryptocurrency CFDs
  • Plus500 has a lower minimum deposit

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