FxGecko's top 100 forex brokers you can refer to for selection. If it is not in the top 100, you should pay special attention to the broker's main white label relationships and risk tips.
Today, I want to help you evaluate a Forex broker. Recently some investors have asked if this forex broker is legitimate and reliable.
The name of this broker is AAATrade, founded 12 years ago and ranked 715 in the world.
Currently, the forex broker AAATrade we searched for has 1 financial regulator registration, which is regulated by CySEC Cyprus, but according to our inquiries, AAATrade has voluntarily relinquished its CySEC Cyprus license. This is a high risk signal, beware!
FxGecko risk warning shows that AAATrade has 17 risks. Investors need to pay attention to the relevant risk alerts for this broker.
AAATrade has 1 MT5 servers in Germany.
The master white label relationship shows that AAATrade has 1 associated brokers. You need to pay attention to whether the associated brokers are running away. This is the business risk of the brokers and the past business history, which can be used as an important reference condition for selecting brokers. The broker relationship data comes from the data of MetaQuotes.
FxGecko has received 0 complaints about AAATrade forex broker so far.
Investing is risky. FxGecko recommends you to check broker information on FxGecko before investing and avoid high risk trading platforms.