AAAFx vs Global Prime
AAAFx | Global Prime |
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3.9
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3.8
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AAAFx is a forex and CFD broker, established in 2007 and headquartered in Greece. The company is regulated by the HCMC and FSCA and supports a selection of ECN accounts with low spreads, fast order executions and convenient deposits. |
Global Prime is a multi-regulated trading broker offering 150+ markets. Traders can get started with a $200 minimum deposit and trade with leverage up to 1:100. The firm also has a high trust score and a good reputation with a license from the ASIC. |
Bonus Offer | |
100% Deposit Bonus (global clients) | |
Promotions | |
Double Your Trading Capital With The AAAFX 100% Deposit Bonus |
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Comment by Reviewer | |
"AAAFx is best for forex traders seeking ECN conditions with spreads from zero and MetaTrader access. It’s also suitable for social traders with ZuluTrade support. However, AAAFx seriously falls short for newer traders with minimal research features and no educational tools." | "Global Prime is suitable for both beginners and seasoned traders with excellent market access, low fees and a range of tools including copy trading." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
CFDs, Forex, Stocks, Indices, Commodities, Cryptos | Forex, indices, commodities, cryptocurrencies, shares, bonds |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | A$200 |
Trading Platforms | |
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Payment Methods | |
Bank wire - FNB (First National Bank, KoraPay through Praxis, Help2Pay, PayRetailers. Bank cards - debit/credit cards. E-Wallets- FairPay, VirtualPay, Skrill, Neteller. Cryptocurrency - match2pay (ETH, BTC and USDT), Capital Wallet | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
HCMC, FSCA | ASIC, VFSC, FSA |
Margin Trading | |
Yes | Yes |
STP Account | |
No | Yes |
ECN Account | |
Yes | Yes |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | Yes |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Mobile Apps | |
iOS & Android | iOS & Android |
App Review | |
AAAFx does not offer its own app, but you can trade forex, stocks, indices, commodities and crypto on the MT4 and MT5 platforms. The apps offer a reliable environment for experienced mobile traders with robust charting tools. However, clients of AAAFx can’t manage their accounts, so you still have to log into the client area online to make deposits and withdrawals, making for a less complete mobile trading experience. |
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Android App Rating | |
4.5 |
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iOS App Rating | |
4.8 |
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Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Yes |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
AAAFx offers automated copy trading through ZuluTrade, one of the largest social investment networks globally. More than 90,000 strategy providers can be followed with helpful performance metrics and graphs to help you find a trader that matches your objectives and risk tolerance. However, with no formal vetting process, manually weeding out traders can be time-consuming. | Interact with and copy the trades of experienced investors with Global Prime's exclusive copy trading service. Over 40 different setups can be copied on the popular Myfxbook Autotrade platform. |
Social Trading | |
Yes | Yes |
Trade Signals | |
Yes | |
VPS Hosting | |
Yes | Yes |
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 | |
Yes | No |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
AAAFx provides CFDs on forex, stocks, indices and cryptocurrencies through the MT4 and MT5 desktop, web and mobile platforms. Leverage up to 1:30 is available in the EU and up to 1:500 for global clients. | Global Prime offers CFD trading opportunities on 150+ global markets including forex, indices, commodities, cryptocurrencies and bonds. Spreads are tight with a raw ECN account available starting from zero. |
Leverage | |
1:30 (EU), 1:500 (Global) | 1:200 |
FTSE Spread | |
1.0 | 0.84 |
GBPUSD Spread | |
0.1 | 0.64 |
Oil Spread | |
3.5 | 1.6 |
Stocks Spread | |
Variable | Variable |
Forex Trading | |
AAAFx shines for its forex offering with over 70 currency pairs and spreads from 0.1 pips and low commissions from $0.99. Forex traders also get access to MetaTrader 4, alongside impressive execution speeds, a free VPS and zero restrictions on day trading strategies. | Global Prime traders can access 48 forex pairs including majors, minors and exotics with tight spreads from 0.9 with no commission or from 0 with a $7 round turn. Forex is traded via the leading MT4 platform, micro lots are available and latency is low via a New York-based server. |
GBPUSD Spread | |
0.1 | 0.75 |
EURUSD Spread | |
0.1 | 0.16 |
EURGBP Spread | |
0.1 | 0.85 |
Assets | |
70+ | 48 |
Cryptocurrency | |
AAAFx provides just 6 crypto CFDs, covering BTC and other major digital currencies paired with USD. Yet despite competitive and transparent spreads, there are no opportunities on up-and-coming digital currencies. | Global Prime crypto CFDs cover a good range of 35 tokens with impressive commissions of 0.1% and leverage available in some jurisdictions. The tokens include Bitcoin, Ethereum and other popular choices as well as smaller tokens like Sandbox and Avalanche. |
Spread | |
0.1 | Floating |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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