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Pionex vs AAATrade

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

Pionex vs AAATrade Comparison Table 2024
Pionex	AAATrade

3.4	3.5
Pionex is ranked #41 among crypto brokers.	AAATrade is ranked #97 among CFD brokers.
Review	Review
Pionex is a crypto trading platform that specializes in trading robots, offering a variety of ready made bots and strategies to traders as well as integrated AI to help customize a strategy or come up with your own. These can be used on spot crypto markets as well as crypto futures.	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
12 free integrated trading bots with no coding or programming requirements Powerful integrated AI chatbot 'PionexGPT' helps users programme trading bots on Pine script Excellent and innovative liquidity engines aggregated from Binance and Huobi Low trading fees compared with other major exchanges at 0.05% maker and taker 40+ cryptocurrency funding coins accepted Supports crypto derivatives via futures trading Money Services Business (MSB) license by US FinCEN	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
Weak regulatory oversight raises safety concerns Withdrawal fees and limits may apply Does not accept fiat deposits Limited contact options No demo account	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
Cryptos	CFDs, Forex, Stocks, Cryptos
Demo Account
No	Yes
Minimum Deposit
$0	$0
Payment Methods
	Credit Cards Debit Card emerchantpay FasaPay Maestro Neteller Skrill
Minimum Trade
0.1 USDT	$0
Regulator
FinCEN	CySEC
Mobile Apps
iOS & Android	Yes (iOS & Android)
iOS App Rating

Android App Rating

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
No	No
Spot Trading
No	Yes
Auto Trading
Crypto bots	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Copy Trading Platform
Pionex clients can find other successful investors and copy their trading bot setups. This allows users to buy and sell cryptos 24/7 from a user-friendly platform and app.
Social Trading
Yes	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
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
Make spot, future and leveraged trades on 120 cryptocurrencies via Pionex's proprietary platform with built-in trading bots and highly customizable automated trading options. On the negative side, the range of tokens is narrower than many alternatives.	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
Market	Floating
Coins
BTC LTC ETH BUSD EOS BTT TRX NFT DOGE XRP HT ALICE FIL DOT JST AXS UNI AAVE WIN SUN CAKE LINK BAKE BCH ETC SNX TFUEL ADA PUNDIX ICP MDX FLOW DODO MFT BSV MATIC CSPR SHIB ATOM SUSHI KEY PERP DEGO DENT LUNA BNB MXC SXP SRM THETA CTK O3 ASR PHA BEL FLM COMP SAND PSG KSM XLM BZRX KLAY SOC ACM ZEC CHZ ROSE JUV MANA CRV CELO ATA LINA HYDRO DASH OG NEO XCH ENJ XMR BEAM YFI SOL GRT AION FTT CFX MBL TT WRX RUNE USDC VET XVS INJ QTUM KAVA MASS ONT AKRO DGB XTC NMR DATA HNT SLP FRONT NEAR ALGO MX OMG SEELE CHR FET VTHO OCEAN AUCTION ALPHA GTC WOO REP OXT ZKS EGLD WAVES 1INCH FOR NANO IOST COS MITH GXS ZEN COTI AVAX RSR AUDIO SKL DIA ZRX MTA ELF COCOS PAXG ANT PNT WICC IOTA FTM BAND CKB BORING CELR NEXO LAMB CRO NEST BTM OGN FORTH YFII LTO MASK STX BAGS TRB ONE TOMO WAXP MKR SKM ARPA NEW ICX SWRV BAL BTS RLC ZIL XEM CRE STORJ AR UMA MBTC RVN REN MIR STEEM FIS BLZ BAT HBAR HPT BADGER SNT CTXC ANKR MLN DCR KNC GT CVC IRIS REEF DAI VALUE WNXM AST VIDY POLS IOTX LRC CTSI NULS RING GLM POND LOOM YAM AE DF FIRO PAX BIX UTK NODE BNT	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

Pionex	AAATrade
Review	Review
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