AAATrade Journal

Journal status: live
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AAATrade Profile
Year
2014
Country
Cyprus
Branches
1
Regulation
CySEC Cyprus
Registration
CySEC Cyprus, FCA UK, BaFin Germany
Investor protection
Fund protection
Cyprus Investor Compensation Fund (ICF)
Publicly traded
no
Restricted in
Not serving
х Afghanistan, Algeria, American Samoa, Bahamas, Bolivia, Bosnia and Herzegovina, Botswana, Cambodia, Ethiopia, Ghana, Guam, Guyana, Iceland, Iran, Iraq, Laos, Mongolia, Morocco, Nepal, North Korea, Pakistan, Panama, Samoa, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Tunisia, US, US Virgin Islands, Uganda, Vanuatu, Yemen, Zimbabwe
Broker type
MM, STP, ECN marketing
Dealing book
A+B hybrid book, A-book
Tier
3
Execution speed
4 ms
LPs total
4
LPs quality
Tier-1 Banks, Other
LPs names
Bitstamp, Gain Capital UK, Kraken, UBS

AAATrade Accounts
MM
STP
ECN
Minimum Deposit
1 $
1 $
1 $
Leverage
30 : 1
30 : 1
30 : 1
Minimum Lot
0.01 lots
0.01 lots
0.01 lots
EURUSD spread
0.2 pips
0.2 pips
0 pips
Commission
0 $/lotRT
0 $/lotRT
5 $/lotRT
Volume
50 lots
50 lots
50 lots
Margin Call
50 %
50 %
50 %
Stop Out
25 %
25 %
25 %
Execution
Market
Market
Market
Spread
floating
floating
floating
Scalping
no
no
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, Giropay, QIWI, China UnionPay, Klarna, IDEAL, Yandex.Money, Rapid Transfer
Base currency
USD, EUR, GBP
Segregated accounts
yes
Interest on margin
yes
Inactivity fee
after 12 months
Update broker

Is AAATrade safe?

  • Investor protection: Cyprus Investor Compensation Fund (ICF)
  • Regulation: CySEC Cyprus
  • Registration: CySEC Cyprus, FCA UK, BaFin Germany
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is AAATrade trusted?

  • Information transparency: sufficient ★★★
  • Customer service: prompt, helpful ★★★★★
  • AAATrade website: highly detailed, updated ★★★★★
  • AAATrade popularity (by visitor count): low visits ★★

How AAATrade works



Your orders are on fast-track execution with our STP model


"ECN / STP" means electronic communication network trading type which AAA Trade will act as an agent to the Client Orders and not as principal.
3.10 During the course of this Agreement in relation to all Financial Instruments and/or Cryptocurrencies AAA Trade shall execute Client Orders in an own account basis, i.e. as principal to principal or as an agent i.e. STP/ECN model.

"Scalping" (applicable to Retail Clients only) means the case when the Client opens profitable Positions and closes them after less than two minutes and/or Buying at Bid Price and Selling at Ask Price, so as to gain the Bid/Ask difference.

19. Events of Default
19.1 Each of the following constitutes and “Event of Default”:
...and for Retail Clients only: placing of Scalping Orders (does not apply to non-Retail Clients);


10.2 In some instances, AAA Trade executes Client Orders in CFDs as a principal to principal towards the Client, i.e. AAA Trade is the sole Execution Venue (as defined in Commission Directive 2014/65/EU implementing MiFID II) for the execution of the Client’s Order. Hence, Accounts Offered by AAA Trade fall under this Dealing Desk Execution Model. When AAA Trade executes Client Orders as a principal to principal, it faces market maker risk.

10.3 There are instances however, where AAA Trade may decide at its own discretion to place for execution a Client Order to a third-party Execution Venue. Such arrangement can be made to manage AAA Trade’s risk and it shall not jeopardize the quality of execution of the Client’s Order while all above mentioned best execution criteria/factors shall be followed/applied.


3. Identification of Conflict of Interest When Company deals with the Client, the Company, an associate or some other person connected with the Company may have an interest relationship or arrangement that is material in the relation to the Transaction concerned or that it conflicts with the Client's interest. (a) the Company may be matching Client's orders with that of another Client by acting on such other Client's behalf as well as on the Client's behalf;

(e) the Company is likely to make a financial gain, or avoid a financial loss, at the expense of the client;


6. Investor Compensation Fund
6.1. AAA Trade participates in the Investor Compensation Fund for clients of Investment Firms regulated in the Republic of Cyprus. Certain clients may be entitled to compensation under the Investor Compensation Fund where AAA trade fails. Compensation shall not exceed twenty thousand (20,000) Euros for each entitled Client.



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