MCC Markets vs AAAFx
MCC Markets or AAAFx – which is better for UK traders 2024? Compare MCC Markets and AAAFx in this detailed breakdown of their platforms, features and fees.
MCC Markets | AAAFx |
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MCC Markets is ranked #91 among CFD brokers. | AAAFx is ranked #91 among CFD brokers. |
MCC Markets is an offshore broker that offers high leverage and customized trading. |
AAAFx has closed or no longer accepts UK clients.
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. |
Despite claims to be regulated by the Securities Commission of Bahamas (SCB), our experts found no active registration. This is a serious red flag and may suggest the broker is acting dishonestly with limited account and legal protections afforded to traders. | |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
No | No |
Instruments | |
CFDs, Forex, Indices, Metals, Energies | CFDs, Forex, Stocks, Indices, Commodities, Cryptos |
Bonus | |
100% Deposit bonus available for Global clients | |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$50 | $10 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
HCMC, FSCA | |
Mobile Apps | |
Android | iOS & Android |
Trading App | |
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. |
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iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
Yes | Yes |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
Yes | No |
ECN Account | |
Yes | Yes |
DMA Account | |
No | No |
MAM Account | |
Yes | No |
PAMM Account | |
Yes | No |
LAMM Account | |
No | No |
Demat Account | |
No | 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 | |
No | No |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
MCC Markets offers a copy trading solution but technical issues mean that it is not fully operational. | 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 | |
MetaTrader | 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 |
Inactivity Fee | |
$0 | |
Islamic Account | |
No | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
Go long or short on global markets with leveraged CFDs. | 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 | |
1:500 | 1:30 (EU), 1:500 (Global) |
FTSE Spread | |
Floating | 1.0 |
GBPUSD Spread< | |
Floating | 0.1 |
Oil Spread | |
Floating | 3.5 |
Stocks Spread | |
NA | Variable |
Forex | |
Speculate on a wide range of currency pairs with tight spreads. | 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 trading strategies. |
Assets | |
40+ | 70+ |
GBPUSD Spread | |
Floating | 0.1 |
EURUSD Spread | |
Floating | 0.1 |
EURGBP Spread | |
Floating | 0.1 |
Cryptocurrency | |
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 | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
MCC Markets | AAAFx |
Despite claims to be regulated by the Securities Commission of Bahamas (SCB), our experts found no active registration. This is a serious red flag and may suggest the broker is acting dishonestly with limited account and legal protections afforded to traders. | |
More Comparisons | |
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