FX broker AAATrade says registers in several EEA countries

FX broker AAATrade says registers in several EEA countries

AAATrade said on Monday it has registered with the relevant regulatory bodies in several European countries, including Germany, Spain, the UK, and France, where it can now offer services, forex trading included. The move is part of AAATrade’s plans to expand in the EU as a regulated Market Maker.

The broker holds a licensed from the Cyprus Securities and Exchange Commission (CySEC) under the number 244/14, which it acquired in July 2014.

The broker said it has registered with Germany’s Federal Financial Supervisory Authority (BaFin), the UK’s Financial Conduct Authority (FCA), and the Banque de France, as well as several other regulators in the European Economic Area (EEA).

“The European regulators are the start point not the end so I cannot yet call it an achievement, thus we are proud of today’s results”, AAATrade’s GM George Panagidis was quoted as saying with a hint on the company’s future plans to expand its regulation outside the European Economic Area.

A license in Cyprus allows a broker to operate in and target citizens of all EU member states. The CySEC licens allows AAATrade to provide investment and ancillary services, including trading with forex, stock, bonds, Treasury bills, commercial paper, options, futures, and contracts for differences (CFDs) on currencies, commodities, indices, and shares.

The company is based in Cyprus and provides trading with over 200 instruments in forex.

Source: Business Wire

Top Forex Brokers

Broker Country Rating Min. Deposit Website
US 5/5 $50 Click for a special offerWebsite
USA 5/5 $250 Click for a special offerWebsite
UK, Cyprus, Belize 4.94/5 $5 Click for a special offerWebsite
Australia 4.93/5 $100 Click for a special offerWebsite
UK, Australia 4.85/5 $50 Click for a special offerWebsite
Cyprus, SVG 4.8/5 $100 Click for a special offerWebsite

16 Comments

  1. Good Broker, worked with him for almost a year. very satisfied.

  2. I use this broker. I am very happy so far. Didnt have much experience and they helped me and gave training which helped a lot. Happy to see this news.

  3. Good broker. Had no problems. received my profit in 3 days.

  4. I am trading independently, dont use anykind of automatic trading systems, doing also the analyses by myself so for me was useful the fact that I can get the easy access to the continuous market updates, news feeds and also commentary. Have been with AAATrade last 2 years.

  5. After being involved with trading in the stock market, I learned to understand as much as I can how to trade stocks online and about the investments vehicles. AAATrade is one of the best company with what I have been working so far, last 2 months have been a bit difficult for me but I have some good plans and the company will help me to success.

  6. I was training for a 1 and a half month with the AAATrade demo account, learned a lot, also by using the educational material. Now i trade my myself last 2 months, trying to invest independently as much it is impossible but sometimes still using the automatic system, i have made some profit not much but i hope for the best.

  7. I like the most about the AAATrade that it is possible to view multiple accounts at once, and you can see charts on your account’s performance.

  8. I also use AAATrade company, i have to say that what i enjoy the most about them is the easy way how you can monitor and analyses your trading activity and also your personal information and security setting are easily to manage.

  9. I am working with AAATradefully automated platform it what provides me with comprehensive risk protocols and credit line provided, it provides me with all the necessary resources in order me to be maximum effective in the market.

  10. I have resived the best value for my investment capital however I had some issues to withdraw my money, not sure it was the banks fault or the company’s, but it toked almost a week me to receive my profit.

  11. I believe and I can say proudly after working with AAATrade one and half year that they have established global reputation for excellence and professionalism that is hard to come in today’s marketplaces. If you are looking for the best attitude and comfort then that’s the place!

  12. AAATrade company provide liquidity during the live events and also they don’t have any withdrawal fees, but if u need money quickly the you have to take into consideration that It will take around 4-5 days, first time I took 5 days the second time when I wanted to withdraw money It was 4 days.

  13. A trader now for the past 3 years, have tried many brokers but the one that made me the most comfortable to stick with is AAATrade. Thank you!

  14. The fact that AAATrade customer support is very resourceful and 24/7 there makes me want to keep trading with them.

  15. I’m very pleased with AAATrade as the have a minimum deposit of 1000 USD which is very good in my opinion.

  16. Andrew Seliport

    I like the fact that AAATrade is always so prompt with my inquiries with their live chat and they speak my mother tongue language

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

FXCM, Gain Capital’s June 2016 retail trading volumes dive y/y

The latest monthly metrics reports of US forex