MCC Markets vs AAAFx

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

MCC Markets vs AAAFx Comparison Table 2024
MCC Markets AAAFx
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0.8
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3.9
MCC Markets is ranked #97 among CFD brokers. AAAFx is ranked #97 among CFD brokers.
MCC Markets is an offshore broker that offers high leverage and customized trading.
AAAFx has closed or no longer accepts UK clients.
AAAFx is a forex and CFD broker, established in 2007 and headquartered in Greece. The company is regulated by the HCMC and FSCA and supports a selection of ECN accounts with low spreads, fast order executions and convenient deposits.
Despite claims to be regulated by the Securities Commission of Bahamas (SCB), our experts found no active registration. This is a serious red flag and may suggest the broker is acting dishonestly with limited account and legal protections afforded to traders.
Pros
  • Demo account
  • Copy trading
  • MT4 integration
  • Low minimum deposit
  • There are sophisticated MT4 and MT5 charting platforms for advanced traders, featuring a huge selection of indicators, drawing tools, chart types, and analysis features.
  • You get fast execution speeds from 10 milliseconds with no restrictions on strategies, creating a flexible environment for traders.
  • AAAFx supports a wide range of payment methods with near-instant funding and zero transfer fees, ensuring convenient deposits.
  • Fast and dependable 24/5 support is available following hands-on testing across live chat, telephone and email.
  • The minimum deposit is low and opening an account is fast, taking less than 5 minutes.
Cons
  • By discontinuing ActTrader and lacking a proprietary platform, traders are limited to MetaTrader, which is outdated and less ideal for newcomers.
  • You can’t make deposits and manage your AAAFx account through an app, meaning you have to sign in to the website, dampening the mobile trading experience.
  • The selection of currencies is strong but AAAFx lacks depth in its stocks, indices, commodities and cryptos, limiting the range of trading opportunities.
  • There are no proprietary educational tools, relying on ZuluTrade, making AAAFx less attractive to beginners compared to brokers like eToro.
Awards
  • Best CFD Broker - Forex Expo Dubai 2023
  • Best FX Service Provider - Forex Expo Dubai 2022
  • Most Transparent Broker - Ultimate Fintech Awards 2022
FCA Regulated
No

List of FCA Regulated Brokers

No
Instruments
CFDs, Forex, Indices, Metals, Energies CFDs, Forex, Stocks, Indices, Commodities, Cryptos
Bonus
100% Deposit bonus available for Global clients
Demo Account
Yes Yes
Minimum Deposit
$50 $10
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
HCMC, FSCA
Mobile Apps
Android iOS & Android
Trading App

AAAFx does not offer its own app, but you can trade forex, stocks, indices, commodities and crypto on the MT4 and MT5 platforms. The apps offer a reliable environment for experienced mobile traders with robust charting tools. However, clients of AAAFx can’t manage their accounts, so you still have to log into the client area online to make deposits and withdrawals, making for a less complete mobile trading experience.

iOS App Rating
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4.8
Android App Rating
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4.5
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes 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
Yes No
ECN Account
Yes Yes
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
MCC Markets offers a copy trading solution but technical issues mean that it is not fully operational. AAAFx offers automated copy trading through ZuluTrade, one of the largest social investment networks globally. More than 90,000 strategy providers can be followed with helpful performance metrics and graphs to help you find a trader that matches your objectives and risk tolerance. However, with no formal vetting process, manually weeding out traders can be time-consuming.
Social Trading
No Yes
Trade Signals
MetaTrader Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • CAD
  • AUD
Commodities
  • Gold
  • Silver
  • Natural Gas
  • Oil
  • Gold
  • Oil
  • Silver
CFD
Go long or short on global markets with leveraged CFDs. AAAFx provides CFDs on forex, stocks, indices and cryptocurrencies through the MT4 and MT5 desktop, web and mobile platforms. Leverage up to 1:30 is available in the EU and up to 1:500 for global clients.
Leverage
1:500 1:30 (EU), 1:500 (Global)
FTSE Spread
Floating 1.0
GBPUSD Spread<
Floating 0.1
Oil Spread
Floating 3.5
Stocks Spread
NA Variable
Forex
Speculate on a wide range of currency pairs with tight spreads. AAAFx shines for its forex offering with over 70 currency pairs and spreads from 0.1 pips and low commissions from $0.99. Forex traders also get access to MetaTrader 4, alongside impressive execution speeds, a free VPS and zero restrictions on trading strategies.
Assets
40+ 70+
GBPUSD Spread
Floating 0.1
EURUSD Spread
Floating 0.1
EURGBP Spread
Floating 0.1
Cryptocurrency
AAAFx provides just 6 crypto CFDs, covering BTC and other major digital currencies paired with USD. Yet despite competitive and transparent spreads, there are no opportunities on up-and-coming digital currencies.
Spread
0.1
Coins
  • BTC
  • LTC
  • ETH
  • EOS
  • BCH
  • XLM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
MCC Markets AAAFx
Despite claims to be regulated by the Securities Commission of Bahamas (SCB), our experts found no active registration. This is a serious red flag and may suggest the broker is acting dishonestly with limited account and legal protections afforded to traders.
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