All Share (J203) = 88 525
Rand / Dollar = 18.10
Rand / Pound = 23.51
Rand / Euro = 19.75
Gold (usd/oz) = 3 003.29
Platinum (usd/oz) = 1 002.60
Brent (usd/barrel) = 70.98
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

AAATrade Demo Account

AAATrade Demo Account
 

AAATrade has a Demo Account that mimics a live trading account and offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.

 

AAATrade at a glance

 

📅 Year Founded2014
📍 Head Office
Victory House, 1st Floor, 205, Arc. Makarios Avenue, 3030, Limassol, Cyprus
☎️ Head Office Telephone Number
00.357.25.030.060
⚖️ Financial Regulatory Bodies
Cyprus Securities and Exchange Commission (CySEC)
✔️ Tier-1 Licenses
CIF License number 244/14
✔️ Tier-2 Licenses
FCA EU passport registration #659844
✔️ Tier-3 Licenses
BaFin EU passport registration #141325
🏦 Publicly Traded
No
👥 Active Traders
10,000+
🏆 Awards
Best Securities Brokerage Europe 2025 by Global Banking and Finance Review
📊 Trading Desk Type
Liquidity Provider & STP
📈 Trading Model
Liquidity Provider & STP
🇺🇸 Accept US Clients
No
🚀 Welcome Bonus
No
📒 Account Types
Trading accounts (Novice and Experienced) and Crypto Exchange account
🌐 Account Open Languages
English
☪️ Islamic Accountn/a
⌛ Time to open an account
within 24 hours
💰 Minimum Deposit
$500 / R 8 481,68
👍 Demo Trading Account available
Yes
💳 Deposit with credit/debit account
Yes
⏱️ Deposit Processing Time via Credit/Debit Cards and e-wallets instantly - via Wire Transfer within 1 to 3 business days
📊 Cryptocurrency (Physical)
Yes
💰 Maximum Leverage
For Retail (1:30), for Pro (1:200)
💰 Spreadsfrom 0.0
💰 Minimum Lot Size0.01
💰 Maximum Lot Size depends on the product
💳 Sign Up BonusNo
💰 Trading Fee Class
No
💰 Deposit Fee
10 EUR/R169 ZAR via Wire Transfer, 5% via E-wallets, 0.2% via Cryptocurrencies, 1.5% via Credit Card
💰 Account Opening Fee
Free
💰 Withdrawal fee
10 EUR via Wire Transfer, 0.2% via Cryptocurrencies
⏱️ Withdrawal Processing Timewithin Max. 24 hours
💰 Spread Fee
From 0.00001 for FX and from 0.01 for other instruments
📒 Spread TypeVariable
💰 Commission Fee
depends on the account type
💰 Inactivity fee Yes
📈 ECN Forex Trading
n/a
💻 MetaTrader 4 (MT5)
Yes
🖥️ Mac
Yes
🖥️ Desktop Availability
Yes
💻 Web AvailabilityYes
 📱 Mobile AvailabilityYes
👉 Open a account👉 Click Here

 

Min Deposit

USD 500

Regulators

CySEC

Trading Platform

MT4, MT5, WebTrader

Crypto

Yes

Total Pairs

50+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Choose your quick section of our AAATrade Demo Account below.

 

AAATrade Demo Account – 7  key points quick overview:

 

  1. ✔️AAATrade at a glance
  2. ✔️AAATrade Demo Account – 7  key points quick overview:
  3. ✔️How to set up an AAATrade Demo Account – Step by Step
  4. AAATrade Demo Account Features
  5. AAATrade Pros and Cons
  6. Conclusion
  7. Frequently Asked Questions

 

Here is an overview of the AAATrade Demo Account as well as the features that are offered.

 

How to set up an AAATrade Demo Account – Step by Step

 

Opening a demo account with AAATrade will consist of the following steps:

 

🔴Step 1 – Go to the AAATrade website.

You can open a live account or demo account (also called a practice account) from start to finish on the AAATrade  website and choose to open a demo account

 

 

How to set up a AAATrade Demo Account – Step by Step STEP 1

 

🔴Step 2 – Click on the option to open a demo account which can be found on the top right-hand corner of the landing page.

 

How to set up a AAATrade Demo Account – Step by Step STEP 2

 

🔴Step 3 –  Fill out the online registration form and submit it for approval.

Personal Details date of birth, place of birth, and residential address.

 

🔴Step 4 – Check the email

A return email will contain the trader’s demo account number, generated password, and link to the trader’s personal area. Traders can also change their password.

 

How to set up a AAATrade Demo Account – Step by Step STEP 3

 

🔴Step 5 – Download the trading platform

To start using the demo account, traders must download the trading platform and log into their account through the platform with the details provided.

 

Upon acceptance of your registration (this should take a few minutes) you should be redirected to your new demo account to start trading.

 

A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money.

 

A forex demo account is also intended for beginners to get familiar with the various aspects of trading.

 

As such, a demo account will allow traders to learn how to place orders, and manage existing trade positions as well as more advanced functions such as testing or fine-tuning a trading strategy.

 

If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.

 

AAATrade Demo Account Features

 

The demo account from AAATrade will have the same exact features as can be found in the real accounts, except that it is funded with virtual currency so you will not be risking any of your own funds.

 

Using the demo account, traders can test out the trade features of the MetaTrader 5 platform as offered by AAATrade.’

 

AAATrade MT5 Desktop terminal is a fully equipped user-friendly trading platform, which provides vital tools and resources to analyze the price dynamics of financial instruments and trade at your will. Easy installation and an environment for an enhanced trading experience.

 

Min Deposit

USD 500

Regulators

CySEC

Trading Platform

MT4, MT5, WebTrader

Crypto

Yes

Total Pairs

50+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

AAATrade Pros and Cons

 

✔️ Pros❌ Cons
Comprehensive demo account
Demo account available indefinitely

 

Conclusion

 

AAATrade Demo Account mimics a live trading account and offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.AAATrade uses the trade features of the MetaTrader 5 platform.

 

You might also like: AAATrade Review

You might also like: AAATrade Account Types Overview

You might also like: AAATrade Fees and Spreads

You might also like: AAATrade Minimum Deposit

You might also like: AAATrade Sign-up Bonus

 

Frequently Asked Questions

 

What is the difference between a demo and a live trading account?

A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring both the broker’s offer and the trading platform.

A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.

 

Does AAATrade offer a demo account?

Yes, AAATrade offers a free demo account to all new traders.

 

For how long is the demo account valid?

You can use your demo account indefinitely; AAATrade demos will remain active if you use them. If there is no activity on your demo for a period of one year, then it will automatically close.

 

Which live trading accounts does AAATrade offer?

AAATrade offers traders three types of accounts tailored towards experience levels. These consist of the Novice Account and the Experienced Account. Each account is in turn tiered with different trading conditions depending on your deposit amount.

 

What are the available deposit currencies for a live trading account?

AAATrade only accepts USD, EUR, and GBP as deposit currencies. This means that traders depositing in smaller currencies will likely incur conversion fees

 

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 13, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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