A+ Trader Review and Tutorial 2021

Flag Traders in United States welcome
A+ Trader Facts & Figures

A+ Trader is a forex and CFD broker with MT4 access, MAM accounts and decent educational content, available for a minimum deposit of $100.

Bonus100% deposit bonus
InstrumentsCFD, Forex
Demo AccountNo
Min. Deposit$100
Payment MethodsBitcoin Payments, Debit Card, Flutterwave, PayPal, Wire Transfer
Min. Trade0.01 lots
Regulated ByUnregulated
MetaTrader 4Yes
MetaTrader 5No
cTraderNo
STP AccountNo
ECN AccountNo
DMA AccountNo
Mobile AppsiOS & Android
Margin TradingYes
Auto TradingNo
Social TradingNo
Copy TradingNo
Trade SignalsNo
Islamic AccountYes
Account
Currencies
USD, EUR, GBP
CFD
A+ Trader offers CFD trading in a few major stock indices.
FTSE SpreadVariable
GBPUSD SpreadVariable
Oil SpreadN/A
Stocks SpreadN/A
Leverage1:1,000
Forex

A+ Trader clients can speculate upon 30 different currency pairs on the industry-leading MT4 platform.

GBPUSD SpreadVariable
EURUSD SpreadVariable
EURGBP SpreadVariable
Assets30
Risk Warning – Your capital is at risk

A+ Trader is an award-winning forex & CFD broker that aims to offer clients a safe and transparent platform for maximising profits. This comprehensive review delves into all aspects of the broker’s services, from trading tools and assets to security and regulation. Read on to find out whether A+ Trader is the right forex & CFD broker for you.

A+ Trader Headlines

A+ Trader is an established broker founded in London over a decade ago, specialising in forex trading services to retail clients. The company provides both foreign exchange and CFD trading services to clients across Europe and Asia, along with access to MT4 and swap-free accounts for Islamic traders.

Trading Platform

A+ Trader provides access to the world-leading MetaTrader 4 (MT4) platform. This software is highly regarded by the forex community, suitable for both beginner and expert traders. The platform offers a range of advanced analysis tools and automated trading functions and has been praised for both its speed and reliability.

The MT4 system boasts:

A Plus Trader desktop platform
MetaTrader 4

Assets

A+ Trader’s supported assets are not very clear. The broker’s website suggests that its clients can trade with 30 currency pairs and a few indices CFDs. However, commodities assets are discussed elsewhere on the website and the broker has an account type called ‘A+ Stocks’, suggesting that these assets may be supported.

Spreads & Fees

Spreads advertised on the A+ Trader site start low, at 0.5 pips. However, actual spreads can be much higher. For example, the EUR/USD spread once an account has been opened sits around 2.4 pips, a whole pip higher than the industry average of 1.5 pips.

A+ Trader does not charge clients for outgoing withdrawals. Overnight financing fees may be applied to certain trading positions held when the market closes.

Leverage

A+ Trader offers margin trading opportunities for its clients, with a range of rates available for different account types. Maximum rates start at 1:200 for the Micro account and go as high as 1:1,000 for the Zero account.

Margin call levels are 48% and stop-outs are 20% across the board.

Trading with leverage should always be done so with caution and proper risk management. Without negative balance protection, you could lose more money than you initially deposited, so take care.

Mobile Apps

A+ Trader clients can access their accounts on their mobile devices through the MT4 mobile application. This app provides most of the functionality of the desktop and web-based versions of MT4, though not some of the charting functions and algorithm customisation options.

Nonetheless, the A+ Trader mobile platform can be downloaded for Apple (iOS) and Android (APK) devices and offers a range of timeframe, chart types, technical indicators, graphical objects, order types and account management options.

Payment Methods

Deposits

A+ Trader supports a range of deposit methods, including bank wire transfers, Visa and Mastercard debit and credit cards, PayPal and cryptocurrency transactions like Bitcoin, Ethereum, Tether and Dogecoin.

Minimum deposits depend on the account type being opened. The A+ Micro account requires $100, whereas the A+ Zero account needs $35,000. Deposits do not incur a fee with this broker.

Withdrawals

A+ Trader does not charge fees on withdrawals, offering a distinct advantage over some other brokers. Withdrawals can be transferred to your bank account, card or e-wallet, though must be done through the method used to make your deposit.

The A+ Trader withdrawal process usually takes 24 hours (or one business day).

Deals & Promotions

A+ Trader currently offers new clients up to five protected deals, depending on the type of account chosen. These deals prevent any real loss on the first however many positions opened by the client.

The broker also offers a range of other financial incentives, including a 100-150% deposit bonus and an emergency bonus of up to $3,000 (both depending on the account type chosen).

We recommend that you are always wary of financial incentives as they may have hidden charges or difficult terms regarding withdrawals. For example, some bonuses require a trading volume of several million dollars before they can be withdrawn.

Account Types

Customers of A+ Trader can choose from seven different account types, each with different trading strategies, experience levels and financial markets in mind. All options come with MT4 access, variable spreads, 0.01 lots minimum trade, a 48% margin call and four base currencies: USD, EUR, GBP, NGN

A+ Micro

A+ Standard

A+ Pro

A+ VIP

A+ Platinum

A+ Zero

A+ Stock

Islamic swap-free accounts are also available, fully compliant with Shariah law.

Regulation

A+ Trader claims to be regulated by both the FCA in the UK and the FSA in St. Vincent and the Grenadines. However, there is no evidence that this is the case on either of the financial watchdogs’ websites. Moreover, the inclusion of financial incentives indicates that the broker is not regulated by the FCA (these are banned in the UK), suggesting the broker is being dishonest with this information.

Therefore, we would recommend that traders look for a regulated broker, which affords them financial and legal protection in the case of malpractice or insolvency. However, this is not to say the broker will scam you, it does still appear to offer valid trading opportunities.

Additional Features

Education

A+ Trader claims to offer a suite of educational content on forex and CFD trading from experienced consultants, including advice on strategies and ‘secrets for better earning’. Additionally, there are regular market insights provided free for all customers. However, there is no hint of these sections in the website sitemap.

Multi-Account Manager

The A+ Trader Multi Account Manager (MAM) software is designed for traders with more experience to manage a range of accounts at the same time, taking a cut of the overall profits. On the flip side, clients with less time or experience can use these to take the effort out of trading, leaving the heavy lifting to fund managers.

Benefits

Drawbacks

Trading Hours

A+ Trader clients can invest and trade at all times the markets are open. The forex market is open 24 hours a day, from 17:00 EST Sunday to 16:00 EST Friday.

Customer Support

The A+ Trader customer support team can be contacted by:

Alternatively, customers can fill out a feedback form, found in the ‘Contact Us’ section of the broker’s website.

Once an account has been registered, A+ Trader clients can contact the support team 24/7 via phone, email, Skype or Whatsapp.

Security

A+ Trader aims to provide its customers with a safe and secure trading environment. To improve security, client funds are held in segregated accounts and only top-tier international banks are used. A+ Trader also uses a high-security web portal to keep clients’ information private.

A+ Trader Verdict

A+ Trader is a forex broker with an average range of currency pairs and CFD assets, accessible through the industry-renowned MT4 platform. Moreover, the broker provides a range of educational content and supports MAM accounts for those with less time on their hands. Deposits and withdrawals are free and leverage rates are competitive, though minimum deposits are relatively high, with the lowest at $100.

FAQs

What Platforms Does A+ Trader Use?

With an A+ Trading account, clients have access to the MetaTrader 4 platform. MT4 is widely acknowledged to be one of the top trading platforms on the market thanks to its ease of use, impressive charting capabilities and large number of analytical tools available.

How Much Capital Do I Need To Trade With A+ Trader?

An A+ Micro account can be set up with as little as $100. To access accounts with higher leverages, suitable for experienced traders, a larger deposit is required.

Does A+ Trader Charge Deposit Or Withdrawal Fees?

No, A+ Trader does not charge its clients deposit or withdrawal fees.

What Support Is Available To A+ Trader Customers?

Trading support is available 24 hours a day, 5 days a week, during trading hours. Outside these hours, customer support is available, though specific trading help is not.

Is A+ Trader A Good Broker?

A+ Trader is a mixed bag, with relatively high minimum deposits and no regulation. However, clients can access the MT4 platform and trade both CFDs and foreign exchange. Moreover, the broker has attractive bonuses and a variety of educational content.

Accepted Countries

A+ Trader accepts traders from Australia, Thailand, Canada, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Alternatives to A+ Trader

If you are looking for alternatives to A+ Trader we have compiled a list of the top 5 brokers that are similar to A+ Trader below. This list of brokers like A+ Trader is in order of similarity and only includes companies that accept traders from your location.

  1. LQDFX – LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.
  2. Forex.com – Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.
  3. eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
  4. Paxful – Paxful is a crypto trading exchange and digital wallet offering low fees and easy sign-up.
  5. Exinity – Exinity provides flexible low-cost trading in FX, commodities, indices and equities alongside unique education and support provided by teams located across the world. Now operating in the Middle East, through regulation from the Financial Services Regulatory Authority in Abu Dhabi and the Financial Services Commission of Mauritius, Exinity provides a range of services to traders and investors looking for new opportunities in the financial markets.
A+ Trader is a forex and CFD broker with MT4 access, MAM accounts and decent educational content, available for a minimum deposit of $100.

A+ Trader vs Other Brokers

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