Comparison AroTrade vs PaxForex
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare AroTrade vs PaxForex. Which of them: AroTrade or PaxForex 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 PaxForex is spreads from 0.4 pips. We can also analyze commission fees for trading CFD: they are $20 per month + profit clearance fee in AroTrade vs spreads from 5 pips in PaxForex. 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 PaxForex provides customers with Stocks Trading, Forex Trading, Crypto Trading. As for platforms, AroTrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App, while PaxForex offers Desktop Platform (Windows), Desktop Platform (MacOS), 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 founded in 2018 in Belize, and it is regulated by IFSC. And PaxForex was founded in 2014 in St. Vincent and Grenadines, and it is regulated by Not Regulated. We can withdraw funds from AroTrade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $50 - $100. And PaxForex provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is varies. The time for withdrawal in AroTrade is 3 - 4 business days, and that one in PaxForex is within 1 business day.
As a result, the rating of AroTrade is 4.1 stars versus that of PaxForex of 4 stars.