eToro vs AAAFx

eToro vs AAAFx Comparison Table 2024
eToro AAAFx
4.1
3.9
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular for its comprehensive social trading platform. Crypto Trading is offered via eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. CFDs are not available in the US Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 76% of retail accounts lose money.

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.

76% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Customer Reviews
4
Bonus Offer
100% Deposit Bonus (global clients)
Promotions

Double Your Trading Capital With The AAAFX 100% Deposit Bonus

Free VPS Hosting With AAAFx

Comment by Reviewer
"eToro's social trading platform leads the pack with a terrific user experience and active community chat that can help beginners find opportunities. There are also competitive fees on thousands of CFDs and real stocks, plus excellent rewards for experienced strategy providers." "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."
Pros
  • The copy trading app facilitates a best-in-class social environment, with an engaging social feed and community chat
  • The broker's services are great for beginners, with commission-free stock trading, a low minimum deposit and an unlimited demo
  • Charts are powered by TradingView and offer strong technical analysis features, including 9 chart types and over 100 indicators
  • There's a comprehensive online training academy with accessible resources, from bitesize articles to comprehensive courses
  • The web platform and mobile app perform better in user reviews and app rankings than top competitors, including AvaTrade
  • Top copy traders can receive annual payments up to 1.5% of assets under copy in the broker's Popular Investor Program
  • Exciting investment portfolios are available covering traditional market trends as well as tech, crypto and more
  • eToro is a world-renowned brand with top-tier global regulation and a 25M+ user community
  • There are sophisticated MT4 and MT5 charting platforms for advanced day traders, featuring a huge selection of indicators, drawing tools, chart types, and analysis features.
  • You get fast execution speeds from 10 milliseconds with no restrictions on strategies, creating a flexible environment for day traders.
  • AAAFx supports a wide range of payment methods with near-instant funding and zero transfer fees, ensuring convenient deposits.
  • Fast and dependable 24/5 support is available following hands-on testing across live chat, telephone and email.
  • The minimum deposit is low and opening an account is fast, taking less than 5 minutes.
Cons
  • The lack of additional charting platforms like MT4 will reduce the appeal for seasoned day traders accustomed to using third-party software
  • There are no guaranteed stop loss orders which would be a useful risk management feature for beginners
  • There is a $30 minimum withdrawal amount and a $5 fee, which will affect novices with low capital
  • Traders will face currency conversion fees for account denominations other than USD
  • There are limited contact methods aside from the in-platform live chat
  • By discontinuing ActTrader and lacking a proprietary platform, traders are limited to MetaTrader, which is outdated and less ideal for newcomers.
  • You can’t make deposits and manage your AAAFx account through an app, meaning you have to sign in to the website, dampening the mobile trading experience.
  • The selection of currencies is strong but AAAFx lacks depth in its stocks, indices, commodities and cryptos, limiting the range of trading opportunities.
  • There are no proprietary educational tools, relying on ZuluTrade, making AAAFx less attractive to beginners compared to brokers like eToro.
Awards
  • Best Cryptocurrency Trading Platform 2022 - Finder
  • Education Materials/Program 2022 - Investment Trends
  • Best Copy Trading Platform 2021 - Ultimate Fintech Awards
  • Best Multi-Asset Trading Platform 2021 - Ultimate Fintech Awards
  • Best Stockbroker 2021 - Ultimate Fintech Awards
  • Best Social Trading Platform 2019 - ADVFN International Financial Awards
  • Best CFD Broker - Forex Expo Dubai 2023
  • Best FX Service Provider - Forex Expo Dubai 2022
  • Most Transparent Broker - Ultimate Fintech Awards 2022
Instruments
Stocks, ETFs, Options, Crypto CFDs, Forex, Stocks, Indices, Commodities, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$10 $10
Trading Platforms
  • eToro Web
  • CopyTrader
  • TradingCentral
  • MT4
  • MT5
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
FCA, ASIC, CySEC, FSA, FSRA, MFSA HCMC, FSCA
Margin Trading
Yes Yes
Margin Rate
1%
STP Account
Yes 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
Yes No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
App Review

eToro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via Android or iOS. Trade the key forex pairs from the palm of your hand.

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.

Android App Rating
4
4.5
iOS App Rating
4.8
4.8
Auto Trading
Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
eToro continues to deliver one of the best proprietary copy trading platforms on the market, at no additional cost for eToro clients. The web-based platform features a user-friendly and interactive layout and also comes with a community chat, making it a stand-out choice for beginners. 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.
Social Trading
Yes Yes
Trade Signals
Yes Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10 $0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • USD
  • EUR
  • CAD
  • AUD
Stock Exchanges
Commodities
CFD Trading
You can trade CFDs on over 3,000 assets and access rich market data through the integrated TradingView charts. There are also comprehensive free learning tools available for beginners via the eToro Academy, including dedicated CFD trading courses and guides. 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.
Leverage
1:30 (EU), 1:500 (Global)
FTSE Spread
1.5 1.0
GBPUSD Spread
1.9 0.1
Oil Spread
0.05 3.5
Stocks Spread
0.57 (Apple) Variable
Forex Trading
An above-average selection of 55 currencies are available with reasonable spreads averaging 0.9 pips on EUR/USD during peak hours. Aspiring traders can continuously hone their forex strategies by switching between demo mode and their live account any time, with full access to the broker's 100+ technical indicators. 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.
Forex App

eToro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via Android or iOS. Trade the key forex pairs from the palm of your hand.

GBPUSD Spread
1.9 0.1
EURUSD Spread
0.9 0.1
EURGBP Spread
1.3 0.1
Assets
55 70+
Currency Indices
  • USD
Cryptocurrency
eToro leads the way in cryptocurrency trading, offering competitive spreads and a fixed 1% commission, plus their own wallet service. The broker offers a vast list of tokens which is continually being updated. Don’t invest unless you’re prepared to lose all the money you invest. 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.
Spread
BTC 1% 0.1
Coins
  • BTC
  • ETH
  • BCH
  • XRP
  • DASH
  • LTC
  • ETC
  • API3
  • CRO
  • SKL
  • IMX
  • ADA
  • MIOTA
  • XLM
  • EOS
  • NEO
  • TRX
  • ZEC
  • BNB
  • XTZ
  • DOT
  • MKR
  • COMP
  • LINK
  • UNI
  • YFI
  • DOGE
  • AAVE
  • FIL
  • ALGO
  • ATOM
  • MANA
  • APE
  • LRC
  • ENJ
  • BICO
  • BAT
  • BNT
  • OGN
  • MATIC
  • FLR
  • GALA
  • ALICE
  • CHZ
  • HBAR
  • DYDX
  • SOL
  • THETA
  • FTM
  • GRT
  • 1INCH
  • CRV
  • ANKR
  • OXT
  • REN
  • SNX
  • STORJ
  • ZRX
  • CELO
  • SUSHI
  • QNT
  • BAL
  • FET
  • SHIBxM
  • AMP
  • AXS
  • SGB
  • CTSI
  • ENS
  • UMA
  • LUNC
  • FTT
  • SRM
  • LPT
  • KNC
  • ARB
  • RNDR
  • OP
  • LDO
  • BTC
  • LTC
  • ETH
  • EOS
  • BCH
  • XLM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
76% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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