Comparison AroTrade vs AvaTrade
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AroTrade vs AvaTrade. Is AroTrade or AvaTrade a better online broker?
First of all, we’ll compare the commission fees of the two brokers. For trading in Forex, the commission fee of AroTrade is fixed at 3 pips, while the commission fee of AvaTrade is from 1.3 pips. We can also analyze commission fees for trading CFD: they are $20 per month + profit clearance fee in AroTrade vs from 0.13% in AvaTrade. You can read more detailed information on commission fees in the online broker reviews.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Forex Trading, Crypto Trading are provided to customers by AroTrade and Stocks Trading, Options Trading, ETFs Trading, Bonds Trading, Forex Trading, Crypto Trading, Robo Advisor are provided by AvaTrade. Concerning the platforms, AroTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App, while AvaTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. AroTrade was established in 2018 in Belize, and it is regulated by IFSC. And AvaTrade was established in 2006 in Ireland, and it is regulated by Central Bank of Ireland. Withdrawal of funds from AroTrade can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $50 - $100. And AvaTrade provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of free. The time for withdrawal in AroTrade is 3 - 4 business days, and that one in AvaTrade is 1 - 2 business days.
Overall, AroTrade boasts 4.1 stars versus AvaTrade 4.8 stars.