Recommended for: forex trading 4.3/5
Trusted broker: Regulated
AdroFx review summary
AdroFx is a brokerage company founded in 2018. The broker’s team has many years of experience in the financial markets and applies it in the process of their work with clients. AdroFx combines advanced financial expertise with state-of-the-art technology to meet all the needs of retail and institutional clients.
The broker’s advantages include: a wide range of trading instruments, a high level of security, regular cash promotions and contests for clients, cash protection, free training materials, low spreads and no commissions for deposit / withdrawal of funds and trade operations
Is AdroFx a legit broker?
See how AdroFx is regulated and whether you should have any concerns using it.
AdroFx pros and cons
Pro
- Fast and fully digital account opening
- Great customer service
Cons
- Mostly CFDs offered
- MetaTrader platform is basic
AdroFx main highlights
| Country of regulation | United Kingdom, Vanuatu, and Saint Lucia |
| Trading fees class | Low |
| Inactivity fee charged | Yes |
| Withdrawal fee amount | Yes |
| Minimum deposit | $25 |
| Time to open an account | 1 day |
| Deposit with bank card | Available |
| Depositing with electronic wallet | Available |
| Number of base currencies supported | 9 |
| Demo account provided | Yes |
| Products offered | Forex, CFD, Indexes, Stock, Commodities, Crypto |
Fees
AdroFx has low forex and non-trading fees, including no inactivity or account fees. However, CFD financing rates are high for a few assets.
Account opening
AdroFx account opening process offers a rewarding experience. It is fully digital, user-friendly, and requires no minimum deposit for the Standard account.
Deposit and withdrawal
AdroFx provides plenty of deposit and withdrawal options, as well as a wide selection of account base currencies.
Web trading platform
AdroFx web trading platform is provided by MetaTrader. It is highly customizable, available in many languages, and has a clear fee report. On the other hand, it lacks a two-step login and price alerts, and its design is outdated.
Mobile trading platform
AdroFx has a great mobile trading platform offered by MetaTrader 4. It is well-designed and user-friendly. However, it lacks a safe login.
Desktop trading platform
In design and functionality, AdroFx MetaTrader 4 desktop platform is almost the same as the web trading platform. One major difference is that you can set price alerts on the desktop trading platform.
Markets and products
At AdroFx you can only trade forex and a range of CFDs (commodity, stock index, ETF, share, and crypto CFDs). This means that many popular asset classes such as real stocks and ETFs are missing.
Research
You can find trading ideas based on technical tools and read market reports written by AdroFx research team.
Customer service
AdroFx customer service is great. You can reach them on several channels and will get quick and relevant answers.
Education
AdroFx has great educational materials. You can use demo accounts, participate in webinars and watch educational videos.
