Comparison AroTrade vs CMC Markets
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AroTrade vs CMC Markets. Is AroTrade or CMC Markets a better online broker?
First of all, we’ll compare the commission fees of the two brokers. Now, let’s compare commission fees in Forex, the commission fee of AroTrade is fixed at 3 pips, and the commission fee of CMC Markets is from 0.7 pips. We can also analyze commission fees for trading CFD: they are $20 per month + profit clearance fee in AroTrade vs 0.08% commission in CMC Markets. The full online broker reviews contains more detailed information on the brokers’ commission fees.
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 are provided by CMC Markets. Concerning the platforms, AroTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App, while CMC Markets uses 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 CMC Markets was founded in 1987 in United Kingdom, and it is regulated by FCA, ASIC, CFTC. Withdrawal of funds from AroTrade can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $50 - $100. And CMC Markets 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 CMC Markets is 1 - 2 business days.
Overall, AroTrade boasts 4.1 stars versus CMC Markets 4.8 stars.