Arotrade Review 2020
Arotrade is a CFD broker that is licensed by the IFSC to offer access to the global financial markets. The broker provides traders with their own Arotrade trading platform for trading over 1,000 global financial instruments across Forex, stocks, commodities, indices, and cryptocurrencies.
Arotrade Review 2020, Pros & Cons
- Proprietary trading platform
- Some trading tools
- A selection of educational materials
- 1,000+ trading instruments
- Offshore broker
- No MetaTrader trading platform
- No US clients
- Minimum $250 deposit
- Not the lowest spreads
- No USA clients
In this detailed Arotrade review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Arotrade is not ranked in our best forex brokers, best stockbrokers, best CFD brokers, best crypto brokers, or best online brokers categories. You can use our free broker comparison tool to compare online brokers including Arotrade.
Arotrade Review: Summary
Founded in Estonia, Arotrade is an online trading broker that offers over 1,000 financial instruments for via its proprietary trading platform. They provide traders with a wide range of useful trading tools and educational resources. The broker offers multiple account options with a required minimum deposit of $250, fixed low spreads, and leverage of up to 1:200.
Arotrade Review: Regulation
Arotrade.com is a trading name of SPEED SOLUTIONS Ltd, which is regulated by the International Financial Services Commission (IFSC), under authorization number 000287/100. However, the broker claims to operate from Estonia.
Arotrade Review: Countries
The broker allows traders from different parts of the world to open a trading account with them, provided their countries permit online trading with international brokers. They do not accept US clients.
Some Arotrade features and products mentioned within this Arotrade review may not be available to traders from certain countries because of legal restrictions.
If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers Australia, best brokers South Africa, best brokers Canada or our best brokers for all other countries.
Arotrade Review: Trading Platforms
The broker provides traders with the Arotrade trading platform. It combines simplicity with sophistication to connect traders to the world’s most volatile financial markets. The broker’s dashboard display delivers one-click order execution and is equipped with the latest trading tools. Your trading is backed up by live charts and real-time data feeds, as well as trading signals and the latest market news and analysis. The platform gives traders access to trade over 1,000 global financial instruments.
It is available as a WebTrader that can run directly on modern web browsers and operating systems without needing to download or install additional software. There is also a mobile app that is designed for smartphones running on Android and iOS.
Arotrade Review: Trading Tools
The broker has a wide range of trading tools that help to enhance clients’ trading experience. Some of them are the Daily Analysis Video, Financial News, Economic Calendar, Asset Index, Fundamental Analysis, and Technical Analysis.
Arotrade Review: Education
The broker’s website has an education section, which contains a good selection of educational materials, aimed at improving clients’ trading skills and knowledge. They include Video Courses, eBooks, Webinars, Glossary, FAQ, and Blog News.
Arotrade Review: Trading Instruments
Arotrade gives traders the opportunity to trade over 1,000 global financial instruments across different asset classes, including forex, stocks, commodities, indices, and cryptocurrencies.
Arotrade Review: Trading Accounts & Fees
The broker offers multiple trading account options to clients, and they include the Basic ($250), Bronze ($1,000), Silver ($5,000), Gold ($10,000), Platinum ($25,000), Black, and Elite Accounts.
Each of the accounts is packed with tools to fit your trading needs and level of expertise. Islamic accounts that comply with the Sharia law are available upon request, while demo accounts are provided for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this Arotrade review. It is imperative to ensure that you check and understand all of the latest information before you open an Arotrade broker account for online trading.
Arotrade Review: Customer Service
Arotrade offers a dedicated customer support team that can be reached via telephone, email, online live chat, and social media.
Arotrade Review: Deposit & Withdrawal
The broker accepts the following payment methods:
- Bank transfer
- Credit/Debit Cards — including Visa, MasterCard
- Online Payment Processors — such as Neteller, Skrill, QIWI, YandexMoney, and more.
Arotrade Review: Account Opening
Opening an account with this broker is simple; simply click on the ‘Open Account’ button and fill out the form accurately. Then click on the ‘SignUp’ to submit.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Arotrade Review: Conclusion
Arotrade is an offshore-regulated online trading broker but operated from Estonia. They offer multiple financial instruments via their proprietary trading platform and provide traders with trading tools and educational materials.
Investing in Arotrade’s derivative financial products may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you can afford to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience.