Binance vs AAAFx
| Binance Review 2023 | AAAFx Review 2023 |
|---|---|
3.8
Binance is #31 in our crypto broker rankings.
Binance is being sued by the SEC for a range of securities violations, including the commingling of client funds and 'wash trading' against its customers to artificially increase crypto prices. Your funds may be at risk if you trade with Binance. We do not recommend making any deposits.
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3.9
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 Traders from US accepted |
Traders from US not accepted
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Binance is one of the best-known crypto exchanges. The company is available in more than 180 countries with over 120 million registered customers. The platform offers a suite of crypto trading products, from staking and NFTs to derivatives. |
AAAFx is a Greek broker that offers trading opportunities in forex as well as a decent selection of other assets including stocks, indices and cryptocurrencies. The spreads are very tight, starting from zero, commissions are low, and there are various account options to suit traders of differing experience and funding levels. Four leading platforms are also supported – MetaTrader 4, MetaTrader 5, ZuluTrade and ActTrader. |
| Bonus Offer | |
| 100% Deposit Bonus available for Global clients | |
| Promotions | |
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Double Your Trading Capital With The AAAFX 100% Deposit Bonus |
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| Comment by Reviewer | |
| "Binance will appeal to crypto investors looking to trade big tokens like Bitcoin plus niche coins with low fees. However, regulatory action and questionable handling of customer funds makes this firm too high-risk in our opinion." | "AAAFx is a good broker for forex traders who want ECN trading with the flexibility to dip into other popular asset classes." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Cryptos | Forex, CFDs, Indices, Cryptocurrencies, Commodities |
| Demo Account | |
| No | Yes |
| Minimum Deposit | |
| $0 | $100 |
| 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 | |
| $10 | 0.01 Lots |
| Regulator | |
| HCMC (Greece), FSCA (South Africa) | |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| No | 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 | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| Yes | No |
| Spot Trading | |
| Yes | No |
| Mobile Apps | |
| Yes | Yes |
| Auto Trading | |
| Yes | |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| AAAFX offers an automated copy trading service with competitive fees and a beginner-friendly interface. ZuluTrade is the biggest social trading community with thousands of active users. | |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Commodities | |
| CFD Trading | |
| CFD trading not offered | AAAFx traders can access CFDs on forex, stocks, indices and cryptocurrencies through the broker's diverse range of platforms. Leverage is available up to 1:30 from the broker's EEA-regulated branch or up to 1:500 from the offshore entity, which is higher than most alternatives. |
| Leverage | |
| 1:30 (EU), 1:500 (Global) | |
| FTSE Spread | |
| 1 | |
| GBPUSD Spread | |
| Starting from 0.1 | |
| Oil Spread | |
| 3.5 | |
| Stocks Spread | |
| Variable | |
| Forex Trading | |
| Forex trading not offered | AAAFx traders have access to 70 forex pairs, including majors, minors and exotics, through an ECN model with fast execution, low commissions and tight spreads. The selection of currencies is wider than most competitors. |
| GBPUSD Spread | |
| Starting from 0.1 | |
| EURUSD Spread | |
| Starting from 0.0 | |
| EURGBP Spread | |
| Starting from 0.0 | |
| Assets | |
| 70+ | |
| Cryptocurrency | |
| Binance is one of the world's leading crypto exchanges. There is a vast range of products available including Binance Pool, Staking and an NFT Marketplace. | Five cryptocurrency CFDs are available from AAAFx, all traded in pairs with USD, including Bitcoin and Ethereum. Crypto traders can choose from three accounts with a low starting deposit. |
| Spread | |
| Variable fees with account tiers | From 0.0 pips |
| Coins | |
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| Crypto Lending | |
| Yes | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| Yes | No |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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Binance vs |
AAAFx vs |