AAAFx vs NSFX Comparison

AAAFx vs NSFX Broker Comparison

AAAFx versus NSFX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$300MT4, ZTP55+HCMC
$300MT4, JForex60+MFSA

AAAFx and NSFX Comparison

These are both ECN brokers offering trading on MetaTrader 4 (MT4) and allowing the use of Expert Advisors (MT4's online trading robots). NSFX additionally provides JForex, which also support the use of trading robots. AAAFx offers the ZTP web trader. NSFX provides its MT4 Fixed account which offers fixed spreads on Forex major pairs.

AAAFx is regulated by the HCMC in Greece while NSFX is regulated by the MFSA in Malta.

Quick comparison

Both are ECN brokers offering MT4. NSFX also provides JForex, while AAAFx also offers the ZTP web trader.

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 NSFX is $300.

  • AAAFx provides CFD trading. AAAFx offers an Islamic account. For deposits higher than $100,000, AAAFx offers Institutional accounts, which have lower commission charges.
  • NSFX provides three account types. These are the MT4 Fixed, MT4 ECN and JForex accounts. The minimum deposit for the MT4 Fixed account is $300, the minimum deposit for the MT4 ECN account is $3,000 and the minimum deposit for the JForex account is $5,000.
  • The NSFX MT4 Fixed account does not charge commissions, the MT4 ECN and JForex accounts do. On its website NSFX provides Trading Central along with analysis, news and an economic calendar and the NSFX academy which includes an FX Video Course, Trading Examples and Guides and a Forex eBook. Hedging is allowed on all three account types but only on the MT4 ECN and JForex accounts are EAs enabled and scalping allowed. An Islamic account is available.

Markets

  • AAAFx offers 55+, covering Forex, Indices, Energy, Metals, Bonds and Cryptocurrencies.
  • NSFX offers 60+, covering Forex, Indices, Energy and Precious Metals.

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.
  • Spreads at NSFX are fixed for the MT4 Fixed account and are 3 for EUR/USD, 0.60 for Gold (XAU/USD), 3 for UK100 and 0.06 for US Crude Oil
  • NSFX offers variable ECN spreads for the MT4 ECN and JForex accounts, EUR/USD has an average spread of 0.4, Gold has an average spread of 0.09, UK100 has an average spread of 2 and US Crude Oil has an average spread of 0.05.

Maximum leverage for AAAFx is . Maximum leverage for NSFX 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.
  • NSFX's MT4 ECN and JForex accounts charge commissions of $8 per lot round trip (equivalent to $4 per lot per side).

Platforms

Both brokers provide MT4. NSFX additionally provides JForex, while AAAFx provides ZTP. These platforms are available on desktop, tablet and mobile.

Comparison summary

  • Both brokers provide CFD trading
  • Both provide MT4
  • NSFX additionally offers JForex
  • NSFX also provides an MT4 Fixed account with fixed spreads on Forex majors
  • AAAFx offers a lower minimum deposit for ECN trading

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