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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.