AAAFx vs FOREX.com - Online Brokerage Comparison

AAAFx vs FOREX.com Comparison

AAAFx vs FOREX.com Comparison Table
Online BrokerMarketsMinimum DepositTrading PlatformsRegulated
55+$300MT4, ZTPHCMC
300+$50MT4, Advanced Platform, Web Trader, AppsFCA, ASIC, CFTC, IIROC, SFC, CIMA, FSA

AAAFx and FOREX.com Comparison

Both of these brokers provide MetaTrader 4 (MT4). AAAFx is an ECN broker which can offer low spreads, with an additional commission charge. Like FOREX.com it also provides a web trader. FOREX.com has a downloadable platform as well. FOREX.com can offer more markets to trade than AAAFx, but AAAFx has a competitive number for an ECN broker.

AAAFx is regulated by the HCMC in Greece.

FOREX.com is regulated by the FCA in the United Kingdom, the ASIC in Australia, the CFTC in the United States, the FSA in Hong Kong, the IIROC in Canada, the CIMA in the Cayman Islands and the FSA in Japan.

Quick comparison

AAAFx is an ECN broker. Both brokers offer MT4, supporting discretionary and automated trading. Each also provides 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 FOREX.com is $/€/£50.

  • AAAFx offers CFD trading. The minimum trade size is 0.01 lots. AAAFx provides an Islamic account. For deposits higher than $100,000, AAAFx offers Institutional accounts, which have lower commission charges. AAAFx provides support for social and copy trading via ZuluTrade.
  • FOREX.com offers CFD trading. The minimum trade size is 0.01 lots. It has an Economic Calendar, Market Research and a News Feed on its platforms and a Trader Education course on its website.

Markets

  • AAAFx offers Forex, Indices, Metals, Energy, Cryptocurrencies and Bonds, with 55+ available.
  • On The Advanced Platform, FOREX.com offers Forex, Indices, Metals, Energy, Cryptocurrencies, Stocks and Soft Commodities, with 300+ available.
  • On MT4, FOREX.com offers Forex, Indices, Metals, Energy and Soft Commodities, with 110+ available.

Cryptocurrency CFDs

  • AAAFx offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ripple.
  • FOREX.com offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ripple.

Spreads and leverage

  • Spreads at AAAFx are variable and typical spreads are from 0.3 for EUR/USD, 1 for UK100, 0.34 for Gold and 0.035 for US Oil.
  • Spreads at FOREX.com are variable or fixed depending on the market, with variable spreads from 1.4 for EUR/USD, a fixed spread of 1 for UK100, a typical variable spread of 0.61 for Gold and 0.04 for US Crude Oil.

The maximum leverage for AAAFx is . The maximum leverage for FOREX.com (FCA regulated) is .

Platforms

AAAFx offers MT4 and the ZTP web trader platform. FOREX.com offers the Advanced Platform, a web trader, MT4 and an MT4 web trader.

Why AAAFx or FOREX.com ?

Traders who want to trade on the MT4 trading platform can do so at either broker. Traders who want to use a web trader may find one at either broker as well. FOREX.com additionally offers its Advanced Platform which integrates programmable trading strategies. FOREX.com has more markets to trade than AAAFx.

Comparison summary

  • AAAFx is an ECN broker
  • AAAFx can offer low Forex spreads, plus a commission charge
  • FOREX.com does not charge commissions for Forex trading
  • FOREX.com offers competitive Forex spreads
  • FOREX.com can provide more markets
  • AAAFx has a competitive number of markets for an ECN broker
  • FOREX.com offers a lower minimum deposit
  • Both brokers have MT4
  • Each provides a web trader
  • FOREX.com offers the downloaded Advanced Platform
  • Both are regulated

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