AAAFx vs. FXTM Broker - Online Brokerage Comparison

AAAFx vs. FXTM Broker Comparison

AAAFx versus FXTM Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$300MT4, ZTP55+HCMC
$10MT4, MT5250+FCA, CySEC, FSCA, FSC

AAAFx and FXTM Comparison

Both of these brokers offer MT4. FXTM can also provide MT5, while AAAFx has a web trader, ZTP. Both offer ECN trading, though FXTM also provides instant execution standard accounts, including a Cent account which has very small trade sizes.

AAAFx is regulated by the HCMC in Greece. FXTM is regulated by the FCA in the United Kingdom, the CySEC in Cyprus and the FSC in Mauritius and is licensed by the FSCA in South Africa.

Quick comparison

Both brokers offer ECN trading and MT4, FXTM also provides other instant execution accounts and MT5. AAAFx 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 and the minimum deposit for FXTM is $10 and for its ECN account with a commission charge is $/€/£500 or ₦20,000.

  • FXTM offers three Standard account types: Standard, Cent and Shares and three ECN accounts: ECN, ECN Zero and Pro. The minimum deposit for the Cent account is $/€/£10, for the Standard and Shares accounts $/€/£100, for the ECN Zero account $/€/£200, for the ECN account $/€/£500 and for the Pro account the minimum deposit and minimum account balance is $/€/£25,000. The Pro account offers spreads from 0 without a commission charge. FXTM offers Market Analysis and Education on its website. Copy Trading is available via FXTM Invest. The minimum trade size is 0.0001 lots.
  • For deposits higher than $100,000, AAAFx offers Institutional accounts.

Markets

  • AAAFx offers Forex, Metals, Energy, Indices and Bonds, with 55+ available.
  • FXTM offers Forex, Metals, Energy, Indices and Stocks, with 250+ available.

Spreads and leverage

Forex spreads at AAAFx are from 0.3 (typical) with a commission charge. On FXTM's Standard account, Forex spreads are from 1.3 without a commission charge. On FXTM's ECN account, Forex spreads are from 0.1 plus commission (on FXTM's Pro account spreads are from 0 without a commission charge).

Maximum leverage for AAAFx is . Maximum leverage for FXTM (FCA or CySEC regulated) 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.
  • FXTM charges a commission starting at $2 per lot per side, depending on the equity in the account and the volume traded.

Platforms

Both brokers offer MT4. FXTM additionally provides MT5, while AAAFx additionally offers the ZTP web trader. Both provide mobile apps.

Comparison summary

  • Both brokers provide CFD trading
  • Each offer MT4
  • FXTM additionally provides MT5
  • AAAFx offers the ZTP web trader
  • Both brokers support trading with robots on all platforms
  • Each broker also allows copy trading
  • FXTM has a Cent account and lower minimum deposit
  • Both brokers have ECN trading
  • FXTM offers more markets to trade

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