Arotrade Review 2024
Regulation:
  • IFSC

Arotrade Review 2024

Updated:
Updated: October 06, 2023

Attention!

This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.

We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:

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Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Summary of Arotrade Trading Company

Arotrade is authorized and regulated by the IFSC - International Financial Services Commission, license No. IFSC/60/391/TS/19. The broker is a financial services provider for customers from all over the world. In addition, Arotrade is among the most rapidly developing online brokers. The company offers its customers more than 1000 assets to trade such as stocks, commodities, Forex, and indices traded as CFDs.

Geographic Distribution of Arotrade Traders

Popularity in

22.47%
UA
Ukraine
16.49%
RU
Russian Federation
15.07%
DE
Germany
8.78%
SK
Slovakia
8.5%
AM
Armenia
8.29%
KZ
Kazakhstan
7.15%
MD
Moldova
6.94%
TH
Thailand
6.03%
IL
Israel
5.2%
QA
Qatar
17.08%
Others
Others

User Satisfaction i

8 comments
Total score:
3 /10

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infoaruna
9 weeks ago

Arotrade is a normal company. Its support is a bit slow, but the platform works as it should — I watched it for 4 days and didn’t notice any serious problems. I will trade here.

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GembakSa
1 year ago

Do not try to contact Arotrade! Although I don't know if they are open now, maybe they've already closed. Everyone collected money, maybe they covered the company. My $5,000 was left there. They cheated like crazy. Leaked artificially deposit!

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StevenDips
1 year ago

I also fell into their web. They beautifully told that in a week I would return mine, plus the same amount. They persuaded me to take a loan at crazy interest. A week passed, and they stopped communicating with me. I don't know how to lend. Calls and emails are not answered.

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HaroldCags
2 years ago

Good afternoon. My experience with Arotrade has been extremely negative. This company has nothing to do with the real market. Pure scammers. They are not responsible for anything! Read the contract carefully!

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Berthadop
2 years ago

Of the additional bonuses in Arotrade, I can only note a 100% increase in the initial deposit. However, there is little chance of getting this money, since it is necessary to fulfill unrealistically high requirements for trading volumes. This is a scam for beginners and is used to attract clients in many companies, so I don’t consider it an advantage when choosing a broker. What I really liked about Arotrade was the smooth operation of the trading platform, even in the mobile version. During the year of trading with the broker, there were no freezes and other glitches, requotes are a very rare occurrence. The main disadvantage of Arotrade is that a commission is applied for the withdrawal of funds. But applications are fulfilled without delays and technical failures.

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msirsau
3 years ago

Strange things are happening at Arotrade. On Fridays at 23:05, the margin miraculously drops below 100 percent. It doesn't matter what she was before. For example, last Friday at 23:00 I had a margin of 400 percent, and at 23:05 it suddenly dropped to 85%. And immediately I received an SMS stating that my account was approaching Stop Out. And in order to avoid forced closing of positions, you need to deposit money into the account or close part of the transactions. I deposit the depot so that the margin is more than 100 percent. And exactly at 1 am the margin jumps to 480 percent. And so it can go on many times. Until these scammers steal all the money from you, and then due to the sharply reduced margin, the account will collapse. That's the whole story.

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seniri
3 years ago

Arotrade are scammers, don't try to invest here. They will help you open an account, they will give advice in trading, but when you request a withdrawal of money, they immediately block your personal account, you will never see your money.

Trading Conditions for Arotrade Users

💻 Trading platform: MT4, Webtrader, Mobile platforms
📊 Accounts: BASIC, BRONZE, SILVER, GOLD, PLATINUM
💰 Account currency: USD
💵 Replenishment / Withdrawal: Bank Transfer, Credit/Debit Cards, Neteller, Skrill
🚀 Minimum deposit: 250 USD
⚖️ Leverage: 1:200
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 Spread: from 0 points
🔧 Instruments: Forex, Cryptocurrencies, Indices, Stocks, Commodities
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Mobile platforms
➕ Affiliate program: Yes
📋 Orders execution: Market Execution
⭐ Trading features: No
🎁 Contests and bonuses: No

Contacts

Foundation date 2012
Registration address 5 Cork street, Belize City, Belize.
Regulation
Official site
Contacts

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
Arotrade Review Arotrade Review

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FAQs

Why has Arotrade been placed on the Forex Broker Blacklist?

Possible reasons:
• multiple complaints have been filed against Arotrade by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of Arotrade is down, not updated or operates with clear errors and some features are not available;
• Arotrade has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.

What should I do if Arotrade got blacklisted and I still have money in my account?

Don’t panic right away. First, try to find out the reason why Arotrade got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.

What should I do if I cannot withdraw my money from Arotrade?

If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.

Is there any chance to recover my money if Arotrade is a scam?

On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.

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