AroTrade
AroTrade
AroTrade positions itself as an online broker that is rapidly gaining momentum and is regulated by IFSC. The company has been providing financial services since 2017. According to the information provided, AroTrade offers potential clients optimal conditions for investing through the use of CFDs. Traders are offered the opportunity to conduct trading processes with currencies, shares of well-known brands, commodities, stock indices, and decentralized currency.
The analytical team at AroTrade promises to teach its clients how to profit from price fluctuations. To achieve this, the broker offers the use of 2 types of analysis: technical and fundamental. Professionals use an economic calendar that is posted on the broker’s website. AroTrade analysts conduct daily analyses of popular assets in the market.
AroTrade Trading Conditions
The broker has developed 7 tariff accounts:
- Basic, activated with a deposit of $250. The trader receives standard conditions and a welcome bonus of 20%.
- Bronze, with a deposit starting from $1,000. Potential clients can access educational materials and a welcome bonus of 40%.
- Silver, requires a deposit of $5,000. In addition to the conditions of the above accounts, daily video analyses and webinars with professionals are provided.
- Gold, with an entry threshold of $10,000. The broker offers the following conditions: all of the above + gold spreads, access to the educational center, an 80% welcome bonus, and a personalized trading strategy.
- Platinum, costing $25,000 for the client. Added to the privileges of the above tariffs are platinum spreads, exclusive access to positions and price alerts. Traders can also benefit from the services of a personal manager.
- Black, for exclusive clients. It is stated that traders can only obtain all the necessary information from an AroTrade representative.
- Elite. Holders of this tariff can enjoy all the privileges provided by the broker.
Depositing and Withdrawing Funds from AroTrade
It is stated that funds can be transferred to the trading balance through standard payment methods: bank transfer, e-wallets, credit and debit cards. Corresponding requests are made in the personal account, and the money is credited to the trading balance within 3 days.
The same methods are available for withdrawing profits. The minimum amount for withdrawal starts from $50. Funds are withdrawn from the system within 3-4 business days, with a commission ranging from 3.5%.
Conclusion
The broker offers to generate income through investments in financial markets. Advantages of working with AroTrade include Islamic accounts, demo mode, a variety of tariff accounts, and price ranges. Potential clients are advised not to forget about the risks associated with investing. Attention should be paid to details such as the absence of a copy of the regulatory document and a loyalty program. It is recommended to consult with a financial expert before registering on the website.
I am extremely dissatisfied with AroTrade’s work due to their lack of transparency, poor customer service, and hidden charges.
AroTrade is a broker that provides a variety of trading options, but the platform could use some improvements for better user experience.