Comparison AroTrade vs TD Ameritrade
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AroTrade vs TD Ameritrade. Is AroTrade or TD Ameritrade a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. For trading in Forex, the commission fee of AroTrade is fixed at 3 pips, while the commission fee of TD Ameritrade is $0.10 per 1,000 units. 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 TD Ameritrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading. Concerning the platforms, AroTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App, while TD Ameritrade 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 established in 2018 in Belize, and it is regulated by IFSC. And TD Ameritrade was established in 1975 in USA, and it is regulated by SEC, FINRA. Withdrawal of funds from AroTrade can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $50 - $100. And TD Ameritrade provides the ability to withdraw funds using Bank Wire with a withdrawal fee of free. The time for withdrawal in AroTrade is 3 - 4 business days, and that one in TD Ameritrade is one Business Day.
As a result, the rating of AroTrade is 4.1 stars versus that of TD Ameritrade of 4.5 stars.