Videforex vs AAATrade
Videforex or AAATrade – which is better for UK traders 2024? Compare Videforex and AAATrade in this detailed breakdown of their platforms, features and fees.
Videforex | AAATrade |
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Videforex is ranked #7 among binary options brokers. | AAATrade is ranked #92 among CFD brokers. |
Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills. | 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 | |
No | No |
Instruments | |
Binary Options, CFDs, Forex, Indices, Commodities, Crypto | CFDs, Forex, Stocks, Cryptos |
Bonus | |
20% to 200% Deposit Bonus | |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$250 | $0 |
Payment Methods | |
Minimum Trade | |
$0.01 | $0 |
Regulator | |
CySEC | |
Mobile Apps | |
Android | Yes (iOS & Android) |
Trading App | |
Videforex stands out with its comprehensive and user-friendly mobile trading solution, offering short-term binaries across a wide range of assets. The web-accessible application is fast, intuitive, and perfect for beginners, complete with a helpful guide upon first use. Videforex’s ongoing enhancements, including the addition of candlestick charts for technical analysis, further enrich the user experience. |
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iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
Margin Rate | |
1:200 | |
MetaTrader 4 | |
No | No |
MetaTrader 5 | |
No | Yes |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
Yes | 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 | |
Yes | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Auto Trading | |
Yes | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | No |
Copy Trading Platform | |
Videforex offers an integrated copy trading service where users can automatically or manually replicate the positions of other traders. Simply choose a trader and asset class and specify the investment amount. | |
Social Trading | |
Yes | No |
Trade Signals | |
Yes | Yes |
VPS Hosting | |
No | No |
Tournaments | |
Yes | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
Yes | No |
Inactivity Fee | |
$10 | |
Islamic Account | |
No | No |
Account Currencies | |
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Commodities | |
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CFD | |
Videforex CFDs are available on forex, indices, cryptocurrencies and commodities with up to 1:500 leverage and tight spreads from near zero. CFDs incur a commission fee of 1%–2.5% and up to 5% for leveraged trades. | 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 | |
1:500 | 1:200 |
FTSE Spread | |
Floating from 0.2 | 0.5 |
GBPUSD Spread< | |
Floating from 0.1 | 0.00002 |
Oil Spread | |
Floating from 0.05 | 0.10 |
Stocks Spread | |
NA | Floating |
Forex | |
Videforex offers trading on 35 currency pairs through leveraged CFDs with spreads from 0.1 pips. Alternatively, traders can use binaries to speculate on upward/downward price movements with payouts up to 98%. Integrated technical analysis, economic calendars, and market news, all available within the platform, help support FX trading decisions. | 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 | |
35+ | 10000+ |
GBPUSD Spread | |
0.1 | 0.00002 |
EURUSD Spread | |
0.1 | 0.00002 |
EURGBP Spread | |
0.1 | 0.00002 |
Cryptocurrency | |
Traders can speculate on crypto prices in pairs with USD and CNY through binary options and CFDs. The range of digital currencies is fairly narrow vs alternatives but major tokens like Bitcoin are available. | 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 | |
Floating | Floating |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | Yes |
Binary Options | |
Videforex continues to offer binary options with 20% payouts on crypto and up to 98% on less volatile assets, beating many competitors. A wide range of contract lengths are also supported from 5 seconds up to 1 month. New users will appreciate the welcome deposit bonus. | |
Payout | |
98% | |
Expiration Times | |
5 seconds - 1 month | |
Boundary Options | |
No | No |
Ladder Options | |
No | No |
Videforex | AAATrade |
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