A+ Trader Review 2023

/ 5
A+ Trader is #13 in our CFD broker rankings.

A+ Trader is a forex and CFD broker with MT4 access, MAM accounts and educational content, available for a minimum deposit of $100. However, our experts have safety and security concerns.

MetaTrader 4

Bonus Offer

Islamic Account
CFD, Forex
100% deposit bonus
PayPal, Bitcoin Payments, Wire Transfer, Debit Card, Flutterwave

Forex Trading

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

CFD Trading

A+ Trader offers CFD trading in a few major stock indices.

A+ Trader is a forex and CFD broker that claims to offer clients a transparent platform for online trading. But is it safe? 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 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


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.


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


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.


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+ Platinum

A+ Zero

A+ Stock

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


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


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.



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.


A+ Trader aims to provide its customers with a safe and secure trading environment. A+ Trader uses a high-security web portal to keep clients’ information private.

However, we do not trust this broker given the weak regulatory oversight and poor-quality website with misleading claims.

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. We also had serious safety concerns due to the misleading regulatory information.


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 not a good broker, with relatively high minimum deposits and no regulation. And while clients can access the MT4 platform and trade both CFDs and foreign exchange, we recommend caution.

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.

Payment Methods

A+ Trader Details

Minimum Trade 0.01 Lots
Account Types
  • MAM
  • PAMM
Islamic Account Yes
Mobile Apps iOS & Android
Margin Trading Yes
Volatility Index No
Spot Trading No
Perpetual Swaps No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection No
VPS Hosting No
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker No
Social Trading No
Guaranteed Stop Loss No

CFD Trading Details

FTSE Spread Variable
GBPUSD Spread Variable
Oil Spread N/A
Stocks Spread N/A
Leverage 1:1000

Forex Trading Details

GBPUSD Spread Variable
EURUSD Spread Variable
EURGBP Spread Variable
Assets 30

Compare A+ Trader

Compare A+ Trader with similar brokers that accept traders from your location. Among available brokers these are the most similar to A+ Trader:

  1. IG Group – IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.
    Go to IG Group
  2. Just2Trade – Just2Trade is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. The company has 155,000 clients from 130 countries and stands out for its huge suite of instruments and additional features, including a social network, robo advisors and a funded trader programme.
    Go to Just2Trade
  3. Scope Markets – Scope Markets offers day trading and investing in multiple spot and CFD instruments. The group of brokers is regulated in several locations, including Belize, Kenya and South Africa. Users get competitive trading conditions, a range of payment methods, strong support and can get started in a few straightforward steps.
    Go to Scope Markets

A+ Trader Comparison Table

Compare A+ Trader With Similar Brokers
A+ Trader IG Group Just2Trade Scope Markets
Rating 1 4.4 3.5 4.2
Markets Forex CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Stocks, ADRs, ETFs, Futures, Options, Commodities, Bonds Forex, Stocks, Commodities etc.
Demo Account No Yes Yes Yes
Minimum Deposit $100 $0 $100 $50
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 lots
Regulators FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA CySEC, NFA, FINRA, Bank of Russia CMA, FSC, FSCA
Bonus 100% deposit bonus Up to $2,000 for professional accounts 50% Deposit Bonus Up to $50,000. *Bonus promotions do not apply to all entities. Depending on the jurisdiction chosen to open an account with, different regulations apply.
Education No Yes No Yes
Platforms MT4 MT4, AutoChartist, TradingCentral MT4, MT5, TradingCentral MT4, MT5
Leverage 1:1000 1:30 (Retail), 1:250 (Pro) 1:20 1:2000 (location dependent)
Payment Methods 5 6 20 8
Visit Visit Visit Visit Visit
Review A+ Trader
IG Group
Scope Markets

Compare Trading Instruments

Compare the markets and instruments offered by A+ Trader and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare A+ Trader Trading Instruments
A+ Trader IG Group Just2Trade Scope Markets
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks No Yes Yes Yes
Commodities No Yes Yes Yes
Oil No Yes Yes Yes
Gold No Yes Yes Yes
Copper No Yes No No
Silver No Yes Yes Yes
Corn No No No No
Crypto No Yes Yes Yes
Futures No Yes Yes Yes
Options No Yes Yes No
ETFs No Yes Yes Yes
Bonds No Yes Yes No
Warrants No Yes No No
Spreadbetting No Yes No No
Volatility Index No Yes No No

A+ Trader vs Other Brokers

Compare A+ Trader with any other broker by selecting the other broker below.

A+ Trader vs
A+ Trader is a forex and CFD broker with MT4 access, MAM accounts and educational content, available for a minimum deposit of $100. However, our experts have safety and security concerns.