Finvasia vs AAAFx

Finvasia vs AAAFx Comparison Table 2024
Finvasia	AAAFx
Review Not Yet Rated	Review 3.9
Traders from US not accepted	Traders from US not accepted See available CFD brokers
Finvasia is an Indian-headquartered trading broker offering popular financial assets alongside powerful investing tools.	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.
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
	"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
	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
	By discontinuing ActTrader and lacking a proprietary platform, traders are limited to MetaTrader, which is outdated and less ideal for newcomers.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 CFD Broker - Forex Expo Dubai 2023 Best FX Service Provider - Forex Expo Dubai 2022 Most Transparent Broker - Ultimate Fintech Awards 2022
Instruments
Stocks, indices, commodities, forex, mutual funds, futures, options	CFDs, Forex, Stocks, Indices, Commodities, Cryptos
Demo Account
No	Yes
Minimum Deposit
$1	$10
Trading Platforms
Own	MT4 MT5
Payment Methods
Cheque Wire Transfer	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
$1	0.01 Lots
Regulator
SEBI	HCMC, FSCA
Margin Trading
Yes	Yes
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
Yes	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	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.
Android App Rating
	4.5
iOS App Rating
	4.8
Auto Trading
Yes, via 3rd party software	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	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.
Social Trading
No	Yes
Trade Signals
	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
	$0
Islamic Account
No	Yes
Account Currencies
INR HUF	USD EUR CAD AUD
Stock Exchanges
Bombay Stock Exchange National Stock Exchange Of India	Dow Jones FTSE UK Index Nasdaq S&P 500
Commodities
Gold Oil Silver	Gold Oil Silver
CFD Trading
CFD trading not offered	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
	1.0
GBPUSD Spread
	0.1
Oil Spread
	3.5
Stocks Spread
	Variable
Forex Trading
Finvasia offers leveraged forex trading on multiple currency pairs, including with INR.	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.
GBPUSD Spread
Floating	0.1
EURUSD Spread
Floating	0.1
EURGBP Spread
Floating	0.1
Assets
10+	70+
Cryptocurrency
Crypto trading not offered	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
	0.1
Coins
	BTC LTC ETH EOS BCH XLM
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review