Comparison AroTrade vs DEGIRO
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AroTrade vs DEGIRO. Is AroTrade or DEGIRO a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. For trading in Forex, the commission fee of AroTrade is fixed at 3 pips, while the commission fee of DEGIRO is 5. We can also analyze commission fees for trading CFD: they are $20 per month + profit clearance fee in AroTrade vs 4 in DEGIRO. The full online broker reviews contains more detailed information on the brokers’ commission fees.
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, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading are provided by DEGIRO. Concerning the platforms, AroTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App, while DEGIRO uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. AroTrade was founded in 2018 in Belize, and it is regulated by IFSC. And DEGIRO was founded in 2013 in Netherlands, and it is regulated by AFM, DNB. Withdrawal of funds from AroTrade can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $50 - $100. And DEGIRO provides the ability to withdraw funds using Bank Wire with a withdrawal fee of 0. The withdrawal time for AroTrade is 3 - 4 business days, and that one for DEGIRO is 1-2 business days.
As a result, the rating of AroTrade is 4.1 stars versus that of DEGIRO of 4.1 stars.