AAAFx vs FXCC Comparison

AAAFx vs FXCC Broker Comparison

AAAFx versus FXCC
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$300MT4, ZTP55+HCMC
$100MT445+CySEC

AAAFx and FXCC Comparison

Both of these are ECN MT4 brokers, offering low Forex spreads, plus a commission charge. AAAFx also provides the ZP web trader. FXCC has an ECN account, which does not charge commissions, but offers ECN spreads. AAAFx has a wider range of markets than FXCC. AAAFx is regulated by the HCMC in Greece and FXCC is regulated by the CySEC in Cyprus.

Quick comparison

Both are ECN brokers, offering MT4. AAAFx also has the ZTP web trader.

Minimum deposit and account types

The minimum deposit for FXCC is $100. The minimum deposit for AAAFx is $300 or €250 or £200 or ¥35,000 or AU$370.

  • AAAFx offers an Islamic account in addition to its regular account. For deposits higher than $100,000, AAAFx offers Institutional accounts.
  • FXCC provides three account types. These are the ECN Standard account, the ECN XL account and the ECN Advanced account. All accounts welcome Scalpers, allow hedging and EAs, provide live news updates, technical analysis, trading tools and an economic calendar on the FXCC website, and offer a personal account manager.
  • FXCC's ECN Standard account has a minimum deposit of $100, the ECN XL account has a minimum deposit of $500 and the ECN Advanced account has a minimum deposit of $100,000. All accounts charge commissions, except for the ECN XL account which does not charge commissions for deposits less than or equal to $10,000. The ECN Advanced account offers more Forex pairs and also offers Indices.

Account currencies

AAAFx accounts are available in USD, EUR, GBP, YEN, AUD, CHF and BGN. FXCC accounts are available in USD, GBP and EUR.

Markets

  • AAAFx offers 55+ covering Forex pairs, Indices, Metals, Energy, Bonds and Cryptocurrencies.
  • FXCC offers 45+, covering Forex pairs, Indices and Precious Metals on the ECN Advanced account.
  • On the ECN Standard and the ECN XL account, FXCC provides 25+ covering Forex and Precious Metals.

Spreads and leverage

  • Spreads at FXCC are variable and are from 0.1 for EUR/USD (with a typical range under normal market conditions of 0.2-0.6) and around 0.25 for Gold.
  • 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.

Maximum leverage for AAAFx is . Maximum leverage for FXCC is .

Commissions

  • FXCC's ECN Standard account charges commissions of 0.75 pips per lot per side for Forex and $7.5 per lot per side for Metals.
  • For deposits of less than or equal to $10,000, FXCC's ECN XL account does not charge commissions and for deposits greater than $10,000 the ECN XL account charges commissions of 0.3 pips per lot per side.
  • FXCC's ECN Advanced account charges commissions of 0.4 pips per lot per side for Forex and $4 per lot per side for Metals, Energy and Indices.
  • 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.

Platforms

Both brokers provide MT4, available for desktop, tablet and mobile. AAAFx additionally provides ZTP, also available for desktop, tablet and mobile. The two brokers offer micro lot trading.

Quick comparison

These are both MT4 ECN brokers, AAAFx has a wider range of markets and also offers the ZTP web trader, but FXCC can provide ECN spreads without a commission charge, as well as with.

Comparison summary

  • AAAFx provides ECN trading with a commission charge
  • FXCC provides ECN trading with a commission charge
  • AAAFx can offer on request higher spreads with no commission charge
  • FXCC can offer ECN trading without a commission charge
  • AAAFx is regulated by the HCMC, FXCC is regulated by the CySEC

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