Comparison AroTrade vs SogoTrade

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

First of all, we’ll compare the commission fees of the two brokers. When analyzing commission fees in CFD: AroTrade provides $20 per month + profit clearance fee, and SogoTrade provides $2.88. You can read more detailed information on commission fees in the online broker reviews.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Forex Trading, Crypto Trading are provided to customers by AroTrade and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading are provided by SogoTrade. Concerning the platforms, AroTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App, while SogoTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), 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 SogoTrade was founded in 1986 in United States, and it is regulated by SEC and FINRA. We can withdraw funds from AroTrade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $50 - $100. And SogoTrade provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $25 for US wire transfer. The withdrawal time for AroTrade is 3 - 4 business days, and that one for SogoTrade is 3 business days.

Overall, AroTrade boasts 4.1 stars versus SogoTrade 4 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
SogoTrade
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
CFDs
Futures
Cryptocurrency
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
Futures
N/A
Cryptocurrency
N/A
SogoTrade
Stock
$2.88
ETFs
$2.88
Options
$2.88 + 50c
Mutual Funds
$25
Bonds
$20
Forex Spreads
N/A
CFDs
$2.88
Futures
$2.88
Cryptocurrency
$1 or 1%

Types of trading

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

Platforms

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

Tools

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

Mobile App

Mobile App
Android App
iOS App
AroTrade
Android App
iOS App
SogoTrade
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
AroTrade
Minimum deposit
$250
Bank Wire
Visa/Mastercard
SogoTrade
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
SogoTrade
Bank Wire
Visa/Mastercard
Withdrawal Time
3 business days
Withdrawal Fee
$25 for US wire transfer

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
AroTrade
Сountry of Origin
Belize
Year Founded
2018
Regulated By
IFSC
SogoTrade
Сountry of Origin
United States
Year Founded
1986
Regulated By
SEC and FINRA

Customer Service

Customer Service
Phone
Email
Live Chat
 
AroTrade
Phone
+359-24950556
Email
support@arotrade.com
Live Chat
Yes
SogoTrade
Phone
Yes
Email
Yes
Live Chat
Yes

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