Comparison AroTrade vs Interactive Brokers

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare AroTrade vs Interactive Brokers. Which of them: AroTrade or Interactive Brokers 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 Interactive Brokers is 0.20 basis points. 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, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor are provided by Interactive Brokers. Concerning the platforms, AroTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App, while Interactive Brokers 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 Interactive Brokers was founded in 1978 in United States, and it is regulated by NYSE, FINRA, SIPC. Withdrawal of funds from AroTrade can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $50 - $100. And Interactive Brokers provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. The withdrawal time for AroTrade is 3 - 4 business days, and that one for Interactive Brokers is 3-5 days.

As a result, the rating of AroTrade is 4.1 stars versus that of Interactive Brokers of 4.1 stars.