Comparison AroTrade vs IQ Option
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare AroTrade vs IQ Option. Which of them: AroTrade or IQ Option a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. Now, let’s compare commission fees in Forex, the commission fee of AroTrade is fixed at 3 pips, and the commission fee of IQ Option is from 0.03%. We can also analyze commission fees for trading CFD: they are $20 per month + profit clearance fee in AroTrade vs from 0.16% in IQ Option. 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 IQ Option provides customers with Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Crypto Trading. As for platforms, AroTrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App, while IQ Option offers 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 IQ Option was established in 2013 in Seychelles, and it is regulated by Not Regulated. We can withdraw funds from AroTrade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $50 - $100. And IQ Option 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 IQ Option is within 1 business day.
Overall, AroTrade boasts 4.1 stars versus IQ Option 3.9 stars.