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USGFX vs AAATrade

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

USGFX vs AAATrade Comparison Table 2024
USGFX	AAATrade

2	3.5
USGFX is ranked #96 among CFD brokers.	AAATrade is ranked #96 among CFD brokers.
Review	Review
USGFX is an online broker that has held licenses with the FCA and ASIC. 60+ assets are available with multiple account options.	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 Copy trading MT4 integration Multiple payment methods	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	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, Commodities, Indices	CFDs, Forex, Stocks, Cryptos
Demo Account
Yes	Yes
Minimum Deposit
£500	$0
Payment Methods
Credit Cards Debit Card ecoPayz FasaPay Mastercard Neteller Perfect Money Skrill Visa Wire Transfer	Credit Cards Debit Card emerchantpay FasaPay Maestro Neteller Skrill
Minimum Trade
0.01 Lots	$0
Regulator
SVGFSA	CySEC
Mobile Apps
iOS & Android	Yes (iOS & Android)
iOS App Rating

Android App Rating

Margin Trading
Yes	Yes
Margin Rate
	1:200
MetaTrader 4
Yes	No
MetaTrader 5
Yes	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
Yes	No
eSignal
No	No
Trading Central
No	No
STP Account
Yes	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
Yes	No
P2P Trading
No	No
Spot Trading
No	Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Copy Trading Platform
USG has partnered with Pelican Trading to offer automated copy trading. Clients can copy strategies and trading styles with low fees.
Social Trading
No	No
Trade Signals
MetaTrader	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
Inactivity Fee
$0
Islamic Account
No	No
Account Currencies
USD EUR GBP	USD EUR GBP
Commodities
Gold Silver Oil
CFD
Trade leveraged CFDs with variable spreads and fast trade executions.	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
1:30 (EU), 1:500 (Global)	1:200
FTSE Spread
From 0.8 pips	0.5
GBPUSD Spread<
From 0.8 pips	0.00002
Oil Spread
From 0.8 pips	0.10
Stocks Spread
NA	Floating
Forex
Major, minor and exotic currency pairs on the MT4 and MT5 platforms.	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
From 0.8 pips	0.00002
EURUSD Spread
From 0.8 pips	0.00002
EURGBP Spread
From 0.8 pips	0.00002
Cryptocurrency
	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
	Floating
Coins
	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

USGFX	AAATrade
Review	Review
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