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Comparison AroTrade vs Robinhood
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AroTrade vs Robinhood. Is AroTrade or Robinhood a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. 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 Robinhood provides customers with Stocks Trading, Options Trading, ETFs Trading, Crypto Trading. As for platforms, AroTrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App, while Robinhood offers Web Platform, 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 Robinhood was founded in 2013 in USA, and it is regulated by SEC, FINRA. We can withdraw funds from AroTrade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $50 - $100. And Robinhood provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is free. The time for withdrawal in AroTrade is 3 - 4 business days, and that one in Robinhood is 5 days trading holding period for uninvested funds.
Overall, AroTrade boasts 4.1 stars versus Robinhood 3.4 stars.