Comparison AroTrade vs Plus500
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare AroTrade vs Plus500. Which of them: AroTrade or Plus500 a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. Now, let’s compare commission fees in Forex, the commission fee of AroTrade is fixed at 3 pips, and the commission fee of Plus500 is from 0.6 pips. When analyzing commission fees in CFD: AroTrade provides $20 per month + profit clearance fee, and Plus500 provides from 0.065%. The full online broker reviews contains more detailed information on the brokers’ commission fees.
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 Plus500 provides customers with Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading. As for platforms, AroTrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App, while Plus500 offers 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 Plus500 was founded in 2008 in Israel, and it is regulated by FCA, CySEC, FSCA, FMA, MAS, ISA, ASIC. We can withdraw funds from AroTrade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $50 - $100. And Plus500 provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is £0. The time for withdrawal in AroTrade is 3 - 4 business days, and that one in Plus500 is 1-2 working days.
As a result, the rating of AroTrade is 4.1 stars versus that of Plus500 of 4 stars.