Score
AROTRADE
Belize|5-10 years| https://www.arotrade.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
United StatesContact
Licenses
Single Core
1G
40G
Disclosure
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Danger
Warning
Contact number
+3728803345
+74950493619
Other ways of contact
Broker Information
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SPEED SOLUTIONS Ltd
AROTRADE
Belize
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- BelizeFSC (license number: IFSC/60/391/TS/19) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
- The Belize FSC regulation with license number: IFSC/60/391/TS/19 is an offshore regulation. Please be aware of the risk!
WikiFX Verification
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| Minimum Deposit | $250 |
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| Minimum Deposit | $1000 |
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| Minimum Deposit | $5000 |
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| Minimum Deposit | $10000 |
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| Minimum Deposit | $25000 |
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Capital
$(USD)
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AROTRADE · Company Summary
General Information & 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 (regulatory Number: IFSC/60/391/TS/19). Founded in Estonia, Arotrade claims to be an online trading broker that offers over 1,000 financial instruments for via its proprietary trading platform.
Market Instruments
AROTRADE provides investors with a range of CFD products, mainly foreign exchange currency pairs, indices, stocks, and commodities CFDs.
Minimum Deposit
AROTRADE has seven types of accounts for investors: Basic (20% welcome bonus with a minimum deposit of $250), Bronze (40% welcome bonus with a deposit of $1,000), Silver (60% welcome bonus with a minimum deposit of $5,000), Gold (80% welcome bonus with a minimum deposit of $10,000), as well as Platinum (100% Welcome Bonus with a minimum deposit of $25,000), Black (for exclusive clients only), and Elite accounts. Moreover, AROTRADE offers free demo accounts and Islamic accounts.
AROTRADE Leverage
When it comes to trading leverage, the maximum trading leverage available on the AroTrade platform is up to 200:1.
Spreads & Commissions
AROTRADE official website does not show any information about spreads, only that the specific information about spreads should contact your account manager, and the transaction fees are not transparent.
Trading Platforms
Investors can trade Forex and commodities using the AROTRADE web trading platform as well as the mobile trading platform, instead of the most popular MT4/MT5 trading platforms. AROTRADE trading platform combines simplicity and sophistication to give traders access to the world's most active financial markets, with a dashboard that provides one-click order execution and is equipped with the latest trading tools, real-time charts and live data feeds, trading signals and analysis of the latest market news to help traders with their trading.
Trading Tools
AROTRADE 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.
Deposit and Withdrawal
AROTRADE supports traders to deposit and withdraw funds to their investment accounts via VISA/MasterCard credit/debit cards, wire transfer, Skrill, Neteller, Webmoney, QIWI Wallet.
Customer Support
The Arotrade customer support team that can be reached via telephone, email, online live chat, and social media, like Facebook, Twitter, Linkedin.
AROTRADE Pros & Cons
AROTRADE Pros include:
1. Being regulated
2. Five types of accounts available, demo accounts & Islamic accounts available
3. 24/6 customer service
4. Free teaching resources
AROTRADE Cons include:
1. High initial minimum deposit requirements
2. Non-MT4/MT5 trading platforms
3. Non-transparent transaction fees
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