AdroFX is an award-winning broker (Fastest Growing Forex Broker Europe 2022 from International Business Magazine) provides access to 5 different asset classes, from FX to Crypto CFDS. The company offers spreads as low as 0.4 pips and leverage options of up to 1:500.
AdroFX (Company Introduction and Regulation)
AdroFx is a dynamic global trading Forex broker regulated by the Vanuatu Financial Services Commission (VFSC). The company has clients across 200+ countries and 100+ employees. Key features of AdroFX:
- ADROMKT Limited, Company number 700546, is regulated and licensed by the Vanuatu Financial Services Commission (VFSC)
- 07ms average execution time
- 115+ trading assets
- $0 commission
- Over eight industry awards
- 24/5 support
AdroFx Table of Specifications
Adro FX is an ECN/STP brokerage company partnering with some of the top liquidity providers in the industry, including Credit Suisse, UBS, Deutsche Bank, and Barclays. Key specifications of AdroFX:
Broker | AdroFX |
Account Types | Fiat, Crypto, Cent Pro, Standard, Premium, Pro, Micro Pro, Micro |
Regulating Authorities | VFSC |
Based Currencies | USD, EUR, GBP, BTC, ETH |
Minimum Deposit | $25 |
Deposit Methods | MasterCard, VISA, Bank Wire, Skrill, Neteller, Perfect Money, SticPay, Payeer, Crypto |
Withdrawal Methods | MasterCard, VISA, Bank Wire, Skrill, Perfect Money, SticPay, Payeer, Crypto |
Minimum Order | 0.0001 lots |
Maximum Leverage | 1:500 |
Investment Options | Copy Trading |
Trading Platforms & Apps | MT4, Allpips |
Markets | Forex, Stock CFDs, Crypto CFDs, Indices CFDs, Spot Metals |
Spread | Variable based on the account type |
Commission | $0 |
Orders Execution | Market |
Margin Call / Stop Out | Variable based on the account type |
Trading Features | Mobile Trading, Market Analysis, Trading Signals |
Affiliate Program | Yes |
Bonus & Promotions | Referral, 20% Deposit, 100% Welcome, Cashback, Promotional Pool |
Islamic Account | Yes |
PAMM Account | No |
Customer Support Ways | Phone, Email, Live Chat, Ticket |
Customer Support Hours | 24/5 |
AdroFX Broker Account Types
The company offers eight distinctive account types, from Micro Cent to Crypto, to cater to a wide range of traders with different needs and styles.
Features | Fiat | Crypto | Cent Pro | Standard | Premium | Pro | Micro Pro | Micro |
Base Currency | USD, EUR, GBP | BTC, ETH | USD | USD, EUR, GBP | USD, EUR, GBP | USD, EUR, GBP | USD | USD |
First Deposit | $100 | $100 | $25 | $100 | $2,000 | $10,000 | $100 | $25 |
Min Order Size (Lots) | 0.01 | 0.01 | 0.0001 | 0.01 | 0.01 | 0.01 | 0.0001 | 0.0001 |
Minimal Spreads (Pips) | 0.4 | 0.4 | 0.4 | 1.2 | 0.4 | 0.4 | 0.8 | 1.4 |
Max Leverage | 1:500 | |||||||
Stop Out | 5% | 5% | 20% | 5% | 5% | 5% | 20% | 20% |
Margin Call | 10% | 10% | 55% | 10% | 10% | 10% | 55% | 55% |
Commission | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
AdroFX Upsides and Downsides
Before making a decision whether to trade with the award-winning broker or not, take a look at the Pros & Cons to get a balanced view.
Advantages | Disadvantages |
Flexible approach to trading strategies | Lack of 24/7 support |
No-commission trading | Not regulated by top-tier entities |
Copy Trading feature | Geo-Restrictions |
Diverse account types | Higher spreads on basic accounts |
Account Opening and Verification on AdroFX
To open an account with AdroFX broker, you must follow the steps below. AdroFX registration:
#1 Visit the Official AdroFX Website
Navigate to the AdroFX homepage and click on "Start Trading" to begin the sign-up.
#2 Enter Your Personal Details
Fill in your personal details:
- Full name
- Residence country
- Mobile number
- Strong password (over 8 characters with symbols)
Accept the terms and click “Register Now”.
#3 Verify Your Email
Check your inbox for a message from AdroFX. Click on “Confirm Email” to proceed.
#4 Confirm Your Phone Number
Enter the code sent via SMS in the pop-up window. If you have not received it, you may resend it or contact Live Chat support.
#5 Complete AdroFX Verification
It's important to note that account verification isn't mandatory in the AdroFX broker. However, Traders who want to send funds using bank transfers must upload the following documents:
- Proof of Identity: Passport, ID card, or driver's license
- Proof of Address: Utility bill, local authority tax bill, or bank statement
AdroFX Trading Platform Offerings
The broker offers its services through two main trading platforms, including MetaTrader 4 and Allpips.
While MT4 is available in both mobile and desktop versions, Allpips is a web-based multi-asset terminal and social trading platform
AdroFX Broker Fees and Commissions
We must discuss the fee structure in this AdroFX review. The company takes a simple approach to trading costs with its zero-commission policy. It only charges variable spreads, which differ based on account types. In the table below, we’ll provide the AdroFX’s typical spread for some of the most popular instruments.
Instrument | Allpips Typical Spread (Pips) | MT4 Standard Typical Spread (Pips) |
EUR/USD | 0.8 | 1.6 |
GBP/USD | 0.9 | 1.7 |
USD/JPY | 1 | 1.8 |
Apple CFD | 55 | N/A |
BTC/USD | 59 USD | 59.8 USD |
NAS100 | 20 | 20.8 |
XAU/USD | 40 | 48 |
Supported Payment Methods on AdroFX
AdroFx supports a wide range of payment options, including Bank transfers, Crypto, Credit/Debit Cards, and E-Payments, to accommodate global traders.
Method | Min Deposit | Deposit Fee | Min Withdrawal | Withdrawal Fee |
Bank Wire | $100 | Bank Commission | $100 | Bank Commission |
VISA/MasterCard | $25 | 0% | $10 | 1.99% |
Crypto | $25 | 0% | $15 | $1 - $10 |
Perfect Money | $25 | 0% | $10 | 1.99% |
Neteller | $25 | 0% | Not Available | Not Available |
Skrill | $25 | 0% | $10 | 1% |
AdroFX Copy Trading
Do you want to earn passive income on your assets? We’ll discuss it in this section of the AdroFX review.
while the broker doesn’t offer an exclusive investment program, it provides a comprehensive copy trading system via the Allpips platform. Key Features of AdroFX Copy Trading:
- 80%+ average win rate for top traders
- Copy investment with a minimum amount of $100
- Real-time performance tracking
- Customizable risk settings
- Automated position copying
- Transparent trader statistics
- $1,840,000 in profits made by the top 5 strategy providers in 4 months
What Trading Instruments Does AdroFX Offer?
The company provides access to over 115 financial instruments across five asset classes, including:
- Forex: 50+ major, minor, and exotic currency pairs
- Stocks: CFDs on the shares of global companies, such as Apple, Tesla, Amazon, and Google
- Metals: Trade Spot on the two most popular precious metals, including Gold and Silver
- Crypto: CFDs on the four most popular cryptocurrencies, including BTC, ETH, XRP, and LTC
- Indices: CFDs on Europe, Asia, and America indices like US30, SPX500, JPN225, and UK100
AdroFX Broker Bonus and Promotional Programs
The company offers attractive promotional programs to incentivize new clients and reward loyal traders.
- $20,000 Promotional Pool: Earn $100 daily
- Cashback: get paid up to 15% as rebates for your trades
- 20% Deposit: Receive 20% extra funds on your deposits
- 100% Welcome: Enjoy a 100% boost on your deposits over a year
- Affiliate: Earn up to $200 for each referred client
AdroFX Customer Support
The broker offers comprehensive support 24 hours, five days a week. To answer different traders’ needs, AdroFX has provided a full suite of contact channels, including:
support@adrofx.com | |
Phone | +44 741 837 6348 |
Live Chat | Available on the website |
Call Back Request | Accessible via the “Contact Us” page |
AdroFX Restricted Countries
Financial services providers are required to adhere to various international regulations. Due to these requirements and local laws, AdroFX isn’t able to provide services in certain regions, including:
- United States
- Canada
- Iran
- North Korea
- Suriname
- Syria
- China
AdroFX Trust Scores
User Satisfaction is one of the most important topics in this AdroFX review. Exploring reviews and trust scores gives you valuable information about the broker’s credibility.
While AdroFX has profiles on reputable review websites, they don’t say anything good about it. For example, AdroFX TrustPilot has removed AdroFX ratings due to a breach of guidelines and fake reviews.
Does AdroFX Provide Educational Materials?
While the broker doesn't offer extensive educational resources, it provides a full suite of tools to accommodate traders of all levels. AdroFX trading tools:
- Trading Signals
- VPS
- Forex Calculator
- Glossary
- Market and technical Analysis
- Economic Calendar
Comparing AdroFX with Other Forex Brokers
The table below provides a detailed comparison of AdroFX features with those of other Forex brokers.
Parameters | AdroFX Broker | |||
Regulation | VFSC | CySEC, DFSA, FCA, FSCA, FSA | FSA, CySEC, FCA, FSCA, CBCS, FSC, CMA | FSA, CySEC, ASIC |
Minimum Spread | From 0.08 Pips | From 0.0 Pips | From 0.0 Pips | From 0.0 Pips |
Commission | $0 | From $0 | From $0.2 to USD 3.5 | From $3 |
Minimum Deposit | $25 | From $0 | $10 | $200 |
Maximum Leverage | 1:500 | 1:2000 | Unlimited | 1:500 |
Trading Platforms | MT4, Allpips | MT4, MT5, Mobile App | Exness Trade (mobile), Exness Terminal (web), MT4, MT5 | Metatrader 4, Metatrader 5, cTrader, cTrader Web, IC Markets Mobile |
Account Types | Fiat, Crypto, Cent Pro, Standard, Premium, Pro, Micro Pro, Micro | Cent, Zero, Pro, Premium | Standard, Standard Cent, Pro, Raw Spread, Zero | Standard, Raw Spread, Islamic |
Islamic Account | Yes | Yes | Yes | Yes |
Number of Tradable Assets | 115+ | 1,000+ | 200+ | 2,250+ |
Trade Execution | Market | Market, Buy Stop, Stop Loss, Limit, Take Profit | Market, Instant | Market |
Conclusion and Final Words
AdroFX enables you to trade 115+ instruments with a minimum deposit of $25. It also provides a copy trading service with an average win rate of 80%. AdroFX broker’s partnership with top liquidity providers, such as UBS, Deutsche Bank, and Barclays, along with its ECN/STP technologies, enables commission-free trading.