Oval X vs AAATrade
Oval X or AAATrade – which is better for UK traders 2024? Compare Oval X and AAATrade in this detailed breakdown of their platforms, features and fees.
Oval X | AAATrade |
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Oval X is ranked #92 among CFD brokers. | AAATrade is ranked #92 among CFD brokers. |
Oval X has closed or no longer accepts UK clients.
Oval X are a London based, FCA regulated broker offering tight spreads across a wide range of markets. They offer professional client services for eligible pro clients, and free guaranteed stops on the TraderPro platform. Trade the most popular 250 share CFDs with zero commission. |
AAATrade is a forex and CFD broker established in 2013 and regulated by CySEC. The STP broker offers tens of thousands of Stocks, ETFs, CFDs, securities and cryptocurrency products on the proprietary and MetaTrader platforms. Traders can benefit from standard retail accounts as well as portfolio management and advisory services. |
Pros | |
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Cons | |
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FCA Regulated | |
Yes | No |
Instruments | |
CFDs, Forex, Stocks, Cryptos | CFDs, Forex, Stocks, Cryptos |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
£250 | $0 |
Payment Methods | |
Minimum Trade | |
£1 | $0 |
Regulator | |
FCA, CySec | CySEC |
Mobile Apps | |
iOS and Android | Yes (iOS & Android) |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
No | Yes |
Margin Rate | |
1:200 | |
MetaTrader 4 | |
Yes | No |
MetaTrader 5 | |
No | 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 | |
No | Yes |
ECN Account | |
No | Yes |
DMA Account | |
No | Yes |
MAM Account | |
No | Yes |
PAMM Account | |
No | Yes |
LAMM Account | |
No | Yes |
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 | Yes |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
Yes | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
No | No |
Account Currencies | |
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CFD | |
During my tests, I found thousands of leveraged CFD products across forex, indices, commodities, stocks and cryptocurrencies. Commissions are competitive and I particularly enjoyed using all the free CFD trading resources available in the demo account. | |
Leverage | |
1:30 | 1:200 |
FTSE Spread | |
1 pt | 0.5 |
GBPUSD Spread< | |
0.9 | 0.00002 |
Oil Spread | |
0.06 pips | 0.10 |
Stocks Spread | |
From 0.5% | Floating |
Forex | |
AAATrade offers 80+ forex pairs, including majors and minors, which is a competitive range and more than most brokers I have reviewed. I was also able to take advantage of the broker's daily technical insights with chart analysis, as well as the live economic calendar. | |
Assets | |
65+ | 10000+ |
GBPUSD Spread | |
0.9 | 0.00002 |
EURUSD Spread | |
0.6 | 0.00002 |
EURGBP Spread | |
0.9 | 0.00002 |
Cryptocurrency | |
Trade 5 Cryptocurrencies, and BTC against USD, GBP or EUR. Margin is tiered from 50% | I was impressed with AAATrade's range of 50 cryptocurrencies, including Bitcoin and Ethereum, which is more than most brokers I review. I was particularly glad to see a good mix of crypto-crypto pairs, as well as some crypto-fiat pairs against USD and EUR. |
Spread | |
BTC Market Spread + 10, ETH Market spread + 8 | Floating |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | Yes |
Oval X | AAATrade |
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