Comparison AroTrade vs Firstrade

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AroTrade vs Firstrade. Is AroTrade or Firstrade a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. You can read more detailed information on commission fees in the online broker reviews.

Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are AroTrade provides customers with Stocks Trading, Forex Trading, Crypto Trading, and Firstrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading. As for platforms, AroTrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App, while Firstrade offers 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 established in 2018 in Belize, and it is regulated by IFSC. And Firstrade was established in 1985 in United States, and it is regulated by SEC and FINRA. Withdrawal of funds from AroTrade can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $50 - $100. And Firstrade provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $30 domestic US, $50 international. The withdrawal time for AroTrade is 3 - 4 business days, and that one for Firstrade is 2-3 business days.

As a result, the rating of AroTrade is 4.1 stars versus that of Firstrade of 3.9 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
AroTrade
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
Firstrade
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
CFDs
AroTrade
Stock
N/A
ETFs
N/A
Options
N/A
Mutual Funds
N/A
Bonds
N/A
Forex Spreads
Fixed at 3 pips
CFDs
$20 per month + profit clearance fee
Firstrade
Stock
$0
ETFs
$0
Options
$0
Mutual Funds
$0
Bonds
$40
Forex Spreads
N/A
CFDs
N/A

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading
AroTrade
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading
Firstrade
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
AroTrade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Firstrade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
AroTrade
Research & Analysis
Education
Demo account
Firstrade
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
AroTrade
Android App
iOS App
Firstrade
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
AroTrade
Minimum deposit
$250
Bank Wire
Visa/Mastercard
Firstrade
Minimum deposit
$0
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
AroTrade
Bank Wire
Visa/Mastercard
Withdrawal Time
3 - 4 business days
Withdrawal Fee
$50 - $100
Firstrade
Bank Wire
Visa/Mastercard
Withdrawal Time
2-3 business days
Withdrawal Fee
$30 domestic US, $50 international

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
AroTrade
Сountry of Origin
Belize
Year Founded
2018
Regulated By
IFSC
Firstrade
Сountry of Origin
United States
Year Founded
1985
Regulated By
SEC and FINRA

Customer Service

Customer Service
Phone
Email
Live Chat
 
AroTrade
Phone
+359-24950556
Email
support@arotrade.com
Live Chat
Yes
Firstrade
Phone
Yes
Email
Yes
Live Chat
No

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