On-line since: About the company: The Cyprus broker, AAA Trade, is regulated by CySEC and offers to trade currency pairs, indices, metals, futures, stocks, CFDs, and cryptocurrency.
Company. Security of funds Founded in 2013, AAA Trade suggests multiple assets for trading on the MT4 platform. AAA Trade Ltd., trading under the AAA Trade brand, is a fully licensed EU-based investment firm regulated by the Cyprus Securities and Exchange Commission (CySEC). CySEC applies strict requirements to license holders and monitors the compliance with the rules set. Besides, the Commission requires forex brokers to hold at least €1,000,000 as a proof of good financial standing. As a further guarantee of investment security, all CySEC-regulated companies are members of the Investor Compensation Fund which is able to pay compensation to its covered clients up to 20,000 EUR in the event a regulated broker becomes insolvent. Moreover, every CySEC-regulated investment company entitled to offer cross-border services within the EU under the MiFID Passporting Regime. Trading Conditions AAA Trade provides a single commission-free Standard account, as well as special accounts for CFD and cryptocurrency. Broker supports swap-free accounts for clients professing Islam. Minimum initial deposit In order to open an account with AAA Trade, traders have to invest a minimum of $500. Yet, other brokers require lower minimum initial deposits, $100 and even $1. Obviously, this broker`s target group is institutional and professional traders. We would recommend beginners to start trading with a demo account. Spreads and commissions AAA Trade ensures fixed spreads, on average, 1.8 for the EUR/USD pair, while most brokers offer a spread of 2 pips for this pair. But there are those who have lower spreads. Leverage The maximum leverage level is 1:200. We advise traders to be cautious when trading on margin, as higher leverage involves greater risk of losses. Trading platforms This broker supports the renown MetaTrader 4, on a PC, a smartphone or in a web browser. MT4 provides a full spectrum of trading tools and resources: built-in technical indicators, chartd, simple interface that allows you to trade easily in an unstable market, and a wide range of advisors. Unfortunately, this broker does not allow scalping. Analytics and education The company has an academy for traders in which educational seminars and webinars are held, useful articles, materials and Forex news are published. Support service There are dedicated lines for 26 countries, including Russia. The headquarters are located in Limassol, Cyprus. The support service is available via live chat and feedback form. Payment options Traders can deposit and withdraw money via bank cards, wire transfers and electronic payment systems, WebMoney, Yandex, Qiwi, Skrill, and Neteller. The broker accepts deposits in GBP, USD, and EUR. Advantages:
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AAA Trade is just a normal broker, with no interesting offer. Their service is not so good. No effort to connect with client.
I'm happy to trade with AAA Trade, they deserved to be called reliable and recommended broker. They always provide excellent service and fixed spreads, leverage is also high. The platform is working cool, easy to customize, and the spread is fixed. I first started with $2000 in 3 months as advised by their client support. With their help, I was able to trade profitably initially and within 2 months I made a profit of around $1050. AAA Trade is recommended.
AAATrade is not suitable for day traders. As my orders were executed at a fake price and TP ignored. If I call their support team to solve the problem, then they always say the market has slippage the price you tried to get in at. I don't understand how the market always slippage prices. I have wasted my time and money with AAATrade.
AAA Trade is a reliable broker. They offer high leverage, and it's competitive. I have always been profitable when I trade with AAA Trade because they provide good trading conditions, and their platform also works smoothly. Currently, I'm able to make a profit of around $1000 per week. Their trading cost is low, and I like their customer support, who is always available and helps me fix my trading trouble. Overall, I'm satisfied with AAA Trade, and I will keep trading with them.
I want to share my terrifying experiences with AAA Trade broker. Two months ago I was opened a commission-free Standard account with them, deposited $800 then trader, within one month my account increased to $1044 . I closed all my positions at profit. For my personal necessity, I was not able to trade for last month. Last week when I logged into my account, I found my account balance decreased to $654, but I clearly memorize that I left it with a balance of $1044. I checked my trade history and notice on 15.03.2021 three trades were opened, and all closed at loss with $214, $126 and $86 respectively. When contact with their support via email they told me that the trades were executed by me. I was totally surprised because that time I was not even open my PC. Now they are not responding my emails. I am thinking to make a complaint against AAA Trade broker to CySec!
AAA Trade was recommended to me by a colleague and I have been trading with them now for almost a year. This broker is honest and they really make sure to give what their clients need. I made a withdrawal of $150 a week ago and it was processed and completed withing 48 hours. That was a fast transaction.
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