Comparison AroTrade vs Swissquote
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare AroTrade vs Swissquote. Which of them: AroTrade or Swissquote 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 Swissquote is average spread of 1.3 pips. We can also analyze commission fees for trading CFD: they are $20 per month + profit clearance fee in AroTrade vs from 0.06% in Swissquote. 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 Swissquote provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor. Concerning the platforms, AroTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App, while Swissquote uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, 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 Swissquote was founded in Switzerland in 1996, and it is regulated by FCA, FINMA, DFSA, MAS, SFC. We can withdraw funds from AroTrade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $50 - $100. And Swissquote provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is depends on account type. The withdrawal time for AroTrade is 3 - 4 business days, and that one for Swissquote is 1-2 working days.
Overall, AroTrade boasts 4.1 stars versus Swissquote 4 stars.