Comparison AroTrade vs eToro
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AroTrade vs eToro. Is AroTrade or eToro 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 eToro is from 3 pips. We can also analyze commission fees for trading CFD: they are $20 per month + profit clearance fee in AroTrade vs from 0.09% in eToro. 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 eToro. Concerning the platforms, AroTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App, while eToro 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 eToro was founded in 2007 in Cyprus, and it is regulated by CySEC, FCA, ASIC. We can withdraw funds from AroTrade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $50 - $100. And eToro provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $25. The withdrawal time for AroTrade is 3 - 4 business days, and that one for eToro is within 1 business day.
As a result, the rating of AroTrade is 4.1 stars versus that of eToro of 4.5 stars.