| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| AAAFx | $10 Minimum Deposit | MT4, MT5, ActTrader Trading Platforms | 250+ Markets To Trade | AAAFx provides trading (including automated trading) on MT4 and MT5 and offers user friendly ActTrader and provides social and copy trading via ZuluTrade About |
| FXOpen | $1 Minimum Deposit | MT4, MT5, TickTrader Trading Platforms | 600+ Markets To Trade | FXOpen provides trading on MT4, MT5 and TickTrader (including automated trading) and has a Cent account with a $1 minimum deposit About |
AAAFx and FXOpen Comparison
Both offers MT4 and MT5 and allow automated trading. Each provides user friendly web traders, TickTrader in the case of FXOpen and ActTrader in the case of AAAFx. AAAFx provides social and copy trading via ZuluTrade.
Quick comparison
Both offers MT4 and MT5. AAAFx also offers the ActTrader platform, while FXOpen additionally provides MT5 and TickTrader.
Minimum deposit and account types
The minimum deposit for AAAFx is $10. The minimum deposit for FXOpen is $1.
- AAAFx offers and ECN, an ECN Plus and an ECN Zulu account. The ECN Plus account (which has a $10,000 minimum deposit) does not charge commissions, the others do. AAAFx integrates with ZuluTrade for social and copy trading.
- FXOpen offers three accounts types, ECN, STP and Crypto. The ECN account charges commissions on its markets, the STP does not charge commissions. The ECN account has a wider range of market available. The Crypto account is an STP account which additionally offers a range of Cryptocurrencies (which have a commission charge). The minimum trade size is 0.01 lots. Market news and analysis are available via RSS and an economic calendar is provided on FXOpen's website.
Markets
- AAAFx offers Forex, Indices, Energy, Cryptocurrencies, Metals and Stocks, with 250+ available.
- FXOpen offers Forex, Indices, Energy, Cryptocurrencies, Metals and Stocks, with 600+ available.
| Broker | Trading Platforms | Description |
|---|---|---|
| FXOpen Broker | MT4, MT5, TickTrader Trading Platforms | FXOpen offers a Cent account with a $1 minimum deposit and provides trading on MT4, MT5 and TickTrader (incuding automated trading) Description |
| AAAFx Broker | MT4, MT5, ActTrader Trading Platforms | AAAFx offers trading on MT4 and MT5 (including automated trading) and ActTrader and integrates with ZuluTrade for social and copy trading Description |
Cryptocurrency CFDs
- AAAFx offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ripple CFDs.
- FXOpen offers Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Dashcoin, IOTA, Ethereum Classic, EOS, Emercoin, Monero and NEO CFDs.
Spreads and leverage
- Both can offer low Forex spreads plus a commission charge.
Maximum leverage for AAAFx is . Maximum leverage for FXOpen (FCA regulated) is .
Commissions
- AAAFx charges a commission of $.99 per 100K traded on the ECN account and $10 per 100K traded on the ECN Zulu account.
- For Forex, FXOpen charges a commission, which depends on volume traded, from $1.5 - $5 per standard lot per side. Other instruments have differing commission charges.
Online trading platforms
AAAFx provides MT4, MT5 and ActTrader. FXOpen offers MT4, MT5 and TickTrader.
Why AAAFx or FXOpen ?
Traders who want to trade on MT4 or MT5 can do so at either. Traders who want to trade on user friendly platforms can do so at both. Those who want to social and copy trade can do this at AAAFx via its ZuluTrade integration. Traders who want to trade on a Cent account with a low minimum deposit, may do so at FXOpen.
Comparison summary
- Both offer CFD trading
- Each provides MT4 and MT5
- AAAFx additionally provides ActTrader
- FXOpen additionally offers TickTrader
- Both alow automated trading
- AAAFx has social and copy trading
- FXOpen offers a Cent account with a $1 minimum deposit
