Paxful vs AAATrade

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

Paxful vs AAATrade Comparison Table 2024
Paxful AAATrade
rating empty
rating full
3.8
rating empty
rating full
3.5
Paxful is ranked #83 among crypto brokers. AAATrade is ranked #97 among CFD brokers.
Paxful has closed or no longer accepts UK clients.
Paxful is a crypto trading exchange and digital wallet offering low fees and easy sign-up.
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
  • 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
  • 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 No

List of FCA Regulated Brokers

Instruments
Cryptos CFDs, Forex, Stocks, Cryptos
Demo Account
No Yes
Minimum Deposit
0.005 BTC $0
Payment Methods
Minimum Trade
$10 $0
Regulator
CySEC
Mobile Apps
Android & iOS Yes (iOS & Android)
iOS App Rating
rating empty
rating empty
Android App Rating
rating empty
rating empty
Margin Trading
Yes Yes
Margin Rate
1:200
MetaTrader 4
No 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
No 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
No Yes
Market Maker
No No
P2P Trading
Yes No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
CFD
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
1:200
FTSE Spread
0.5
GBPUSD Spread<
0.00002
Oil Spread
0.10
Stocks Spread
Floating
Forex
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
10000+
GBPUSD Spread
0.00002
EURUSD Spread
0.00002
EURGBP Spread
0.00002
Cryptocurrency
Paxful offers buying and selling of the world's leading cryptocurrencies. 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
Rates set by vendors Floating
Coins
  • BTC
  • ETH
  • USDT
  • 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
Paxful AAATrade
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