ForexStart vs AAATrade

ForexStart or AAATrade – which is better for UK traders 2024? Compare ForexStart and AAATrade in this detailed breakdown of their platforms, features and fees.

ForexStart vs AAATrade Comparison Table 2024
ForexStart AAATrade
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2
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3.5
ForexStart is ranked #11 among binary options brokers. AAATrade is ranked #96 among CFD brokers.
ForexStart is a multi-asset broker with joining bonuses, low deposits and MT4. AAATrade is a forex and CFD broker established in 2013 and regulated by CySEC. The STP broker offers tens of thousands of Stocks, ETFs, CFDs, securities and cryptocurrency products on the proprietary and MetaTrader platforms. Traders can benefit from standard retail accounts as well as portfolio management and advisory services.
Pros
  • Demo account
  • MT4 integration
  • Low minimum deposit
  • Full range of investments
  • I was glad to see commission-free trading available in the Novice account, though seasoned traders can also benefit from low commissions from 0.125% in the Experienced account
  • There's a good range of trading platforms, including the new AAATrader™ and MT5 mobile app. I particularly appreciated the broker's in-house crypto exchange platform
  • I feel assured the AAATrade is regulated by tier-1 authority, the CySEC and is also a member of the Investor Compensation Fund (ICF)
  • I like that there is no minimum deposit for both the Novice and Experienced Accounts, making the broker accessible for all traders
  • I was very impressed to find a $100,000 demo account available with free access to webinars and forex education
Cons
  • No copy trading
  • No regulatory oversight
  • I'm a little disappointed that fees charged on deposits, which puts the broker behind most competitors offering free deposits
  • Crypto trading does not have the same protection or regulation as other markets, though this is industry standard
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Binary Options, Stocks, Commodities, Cryptos CFDs, Forex, Stocks, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$0.10 $0
Payment Methods
Minimum Trade
0.0001 Lots $0
Regulator
CySEC
Mobile Apps
iOS & Android Yes (iOS & Android)
iOS App Rating
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Android App Rating
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Margin Trading
Yes Yes
Margin Rate
1:200
MetaTrader 4
Yes No
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No Yes
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
MetaTrader Yes
VPS Hosting
Yes No
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • RUB
  • UAH
  • USD
  • EUR
  • GBP
Commodities
  • Gold
  • Silver
  • Natural Gas
  • Oil
  • Copper
CFD
Trade a range of CFDs with high leverage and transparent fees. During my tests, I found thousands of leveraged CFD products across forex, indices, commodities, stocks and cryptocurrencies. Commissions are competitive and I particularly enjoyed using all the free CFD trading resources available in the demo account.
Leverage
1:500 1:200
FTSE Spread
1 0.5
GBPUSD Spread<
Variable 0.00002
Oil Spread
0.25 0.10
Stocks Spread
Variable Floating
Forex
Trade FX with fixed or variable spreads on MT4 and MT7 AAATrade offers 80+ forex pairs, including majors and minors, which is a competitive range and more than most brokers I have reviewed. I was also able to take advantage of the broker's daily technical insights with chart analysis, as well as the live economic calendar.
Assets
40+ 10000+
GBPUSD Spread
0.0003 (Fixed) 0.00002
EURUSD Spread
0.0002 (Fixed) 0.00002
EURGBP Spread
0.0004 (Fixed) 0.00002
Cryptocurrency
Trade 10 leading cryptos against the US Dollar. I was impressed with AAATrade's range of 50 cryptocurrencies, including Bitcoin and Ethereum, which is more than most brokers I review. I was particularly glad to see a good mix of crypto-crypto pairs, as well as some crypto-fiat pairs against USD and EUR.
Spread
Variable Floating
Coins
  • ADA
  • BCH
  • BTC
  • DASH
  • DOGE
  • ETH
  • LTC
  • SOL
  • XMR
  • XRP
  • BCH
  • BTC
  • EOS
  • ETC
  • ETH
  • LTC
  • USDT
  • DOGE
  • XLM
  • XRP
  • XTC
  • ZEC
  • ADA
  • ATOM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No Yes
Binary Options
Forexstart offers American and Chinese binary options with high payouts and short-term expiries.
Payout
100%
Expiration Times
30 seconds - 5 minutes
Boundary Options
No No
Ladder Options
No No
ForexStart AAATrade
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