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Forex

Arotrade – online trading platform

Marketplace AroTrad provides the opportunity to trade high risk financial instruments CFD contracts.

The site has been operating for quite a long time, but the Internet has a very mixed attitude to it. Reviews are both positive and quite negative.

Recently, more and more sites offering similar services appear in the network. And few of them really tell users the truth about what CFD contracts and whether it is worth contacting them at all.

Let’s look at another site offering

Official site

Discover endless possibilities with our intuitive platform

Contacts

affiliate program

  • https://www.arotrade.com/en/about-us/affiliates/

Sentence

The project is supposedly one of the leading brokers in the world in CFD trading, and with pride (how beautiful it sounds) offers to its customers individual approach and absolutely safe way of trading in global financial markets.

According to the administrators The main advantages of the service are:

  • Security is the main priority of the company AroTrade. Because the service uses the most advanced security measures in the processing of personal data of customers and cash transactions. All information received from users is encrypted using SSL and stored in a secure place.
  • The newest platform. The site is innovative and can be easily customized according to the needs and experience of the client.
  • Support in 24/6 mode. All support specialists are always ready to help users on any issue, regardless of the location of the user and his language.
  • Strict regulation because the platform conducts its business in strict accordance with the requirements of the International Financial Services Commission (IFSC), so that users are fully confident in the safety of trade with this resource.

Security statements, of course, sound solid. And, probably, you can be sure that your money will not go away from the accounts of hackers who just hacked the site. However, we are dealing with a play on words: deposit security and security in terms of the risk of losing everything are two different things. it very high-risk businessin which guarantees of safety of means of the beginner are not supposed in any way.

For newbies training is offered – webinars are held, there are educational videos, e-books have been proposed for study.

The site is present several types of accountseach of which has its own characteristics

Platform Terms

The resource provides the opportunity to trade CFD-contracts in the following areas:

  • Currencies
  • Stocks
  • Exchange goods.
  • Indices.
  • Cryptocurrencies.

Types of accounts:

  • Basic – 250 dollars (welcome bonus of 20%).
  • Bronze – 1000 dollars (40% welcome bonus).
  • Silver – 5000 dollars (60% welcome bonus).
  • Golden – 10,000 dollars (welcome bonuses 80%).
  • Golden – 25,000 dollars (welcome bonus of 100%).

Present also demo accountt and Islamic account.

The allowable trading amount that can be spent on one position varies depending on several parameters. (asset class, available margin, account type, etc.).

The minimum withdrawal amount is 100 (dollars, euros, British pounds) for bank transfer. For all other methods, the minimum amount is 50.

Functional

Main sections (on the top dashboard):

  • CFD trading.
  • Platforms.
  • Accounts.
  • Training.
  • Tools trader.
  • Our company.

Also at the bottom of the available section About Us.

Resource has secure connection and SSL certificate plus protection against hacker attacks.

Mobile application for Android and iOS allows you to trade in the financial markets including using gadgets.

You can replenish your account using the following payment systems:

  • Credit and debit cards.
  • Bank transfer.
  • Skrill.
  • NETELLER.

The project has communities of several social networks, including on twitter, on facebook, in linkedin, on yutube and in google.

The trust

I will say right away that CFD contracts are an extremely high-risk trading instrument., which the absolutely not suitable for beginnerswho immediately lose money in financial markets, trusting companies that offer them similar tools.

As for the confidence in the platform in the network, everything is not so simple, because rather contradictory results are obtained during the search for information about the platform.

Opinions of people differ, because there are both extremely negative feedback about the platform, where it is called a fraudulent service, and neutral, where the features of the resource and its capabilities are simply described.

Personally, I have questions about the level of trust of the site, since it minus -10.

And this despite the fact that the age of the domain is 514 days (as of March 2, 2019).

I also note that to start trading, you must send the administration. copy of passport or identification code. That is, anonymity on the part of the participant is impossible.

In addition, we are asked to provide other personal data, including proof of residencesuch as gas, electricity bills and so on. But this is confusing – why? After all, working with borrowed funds is not supposed, for what purposes do administrators need the place of residence of a potential bidder?

It should be understood that by sending information about yourself to the Internet administrators of a dubious project, you simply give your data into the hands of unknown people. And what they will do with them later is the second question. Moreover. IP site in the United States, that is, physically database servers are located outside the Russian Federation. And this is a direct violation of the law.

Conclusion

The project deserves attention. There is no confirmed information about fraud of this platform. However, it has a number of rather controversial points that should be taken into account if you want to trade on this platform. This is about high risk investment CFD tools, the platform’s administration demands to provide personal data, as well as a number of negative reviews on the Internet. Plus, it is not clear where the platform has a minus level of trust.

In any case, you decide. But if you’re new, start with a demo account and training. Do not believe in the ease of this type of earnings. Easy just to lose.

. (tagsToTranslate) Forex / Forex

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