Comparison AroTrade vs UFX
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AroTrade vs UFX. Is AroTrade or UFX 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 UFX is from 2. We can also analyze commission fees for trading CFD: they are $20 per month + profit clearance fee in AroTrade vs from 50 in UFX. 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, ETFs Trading, Forex Trading, Crypto Trading are provided by UFX. Concerning the platforms, AroTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App, while UFX uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, 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 established in 2018 in Belize, and it is regulated by IFSC. And UFX was established in 2007 in Republic of Vanuatu, and it is regulated by VFSC. We can withdraw funds from AroTrade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $50 - $100. And UFX provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. The time for withdrawal in AroTrade is 3 - 4 business days, and that one in UFX is up to 10 business days.
Overall, AroTrade boasts 4.1 stars versus UFX 3.6 stars.