aaafx
CMC Markets
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Overview
aaafx was founded in 2007 and is headquartered in United States, while CMC Markets was established in 1989 and is based in UK. aaafx holds licences including HCMC (Greece), while CMC Markets is regulated by Financial Conduct Authority (FCA) among others. aaafx serves 60,000+ clients worldwide; CMC Markets has 10,000+. The minimum deposit is $300 at aaafx and $200 at CMC Markets.
| Feature | aaafx | CMC Markets |
|---|---|---|
| Min. Deposit | $300 | $200 |
| Regulation | HCMC (Greece), FSA (St Vincent & Grenadines) | Financial Conduct Authority (FCA) |
| Founded | 2007 | 1989 |
| Country | United States | UK |
| Clients | 60,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between aaafx and CMC Markets, directly affecting your bottom line as a trader. CMC Markets has a lower barrier to entry with a minimum deposit of $200 (vs $300 at aaafx). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, CMC Markets scores higher on fees in our assessment.
| Feature | aaafx | CMC Markets |
|---|---|---|
| Min. Deposit | $300 | $200 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
aaafx offers MT4, while CMC Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. aaafx supports social and copy trading features, which CMC Markets does not offer. CMC Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | aaafx | CMC Markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | No | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how aaafx and CMC Markets compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. CMC Markets scores higher overall in education and research.
| Feature | aaafx | CMC Markets |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. aaafx accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while CMC Markets supports 2 (bank transfer, credit/debit card). aaafx uniquely supports PayPal and Skrill and Neteller among the two brokers. aaafx scores higher on deposit and withdrawal flexibility.
| Feature | aaafx | CMC Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both aaafx and CMC Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.
| Feature | aaafx | CMC Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, German, French, Polish, Spanish, Swedish, Italian, and Norwegian |