AdroFX Review 2023
- DayTrading.com TeamAdroFX is ideal for new traders with easy-to-use Allpips and MetaTrader 4 platforms, plus a range of accessible accounts.
AdroFX is an online forex and CFD broker with a beginner-friendly copy trading platform, zero commissions and tight spreads. The mix of fiat and crypto deposit options will appeal to global traders while the choice of 8 accounts will suit different trading strategies and styles. Traders also benefit from 11.07 millisecond execution times with minimal slippage.
Trusted
Demo Account
Copy Trading
Award Winning
and 7 more
Forex Trading
AdroFX offers 60+ currency pairs with spreads from 0.4 pips and fast order execution.
Stocks Trading
AdroFX offers leveraged trading on major stocks and indices from exchanges around the world.
CFD Trading
AdroFX offers margin trading on a long list of CFDs with tight spreads and no hidden fees.
Crypto Trading
Trade a range of CFDs across 5 markets with high leverage up to 1:500 and cutting edge trading platforms.
Copy Trading
Use the Allpips platform to copy the trades of successful investors. Thousands of traders have joined the social trading community and new users can get started with a $100 deposit..
Awards
- Best STP/ECN Broker
- Most Innovative Broker
- Fastest Growing Forex Broker Europe
✓ Pros
- Allpips copy trading platform suitable for new traders
- Low minimum deposit with multiple global funding methods
- A demo account plus free education through videos and ebooks
- Full range of instruments including CFDs with leverage up to 1:500
- MetaTrader 4 integration with desktop and mobile trading functionality
✗ Cons
- Weak regulatory oversight compared to alternatives
- Withdrawal charges on several payment options
AdroFX is an online broker offering multiple account types, low fees and reliable trading platforms. In this AdroFX review, our experts investigate the broker’s trust and safety rating, funding options, copy trading tools, and customer service. Find out if our team recommend trading with AdroFX.
Assets & Markets
AdroFX provides a relatively good selection of instruments through CFDs. In total, there are over 115 financial assets that can be traded, facilitating a range of profit opportunities, market exposure, and risk management strategies.
We were pleased to see that AdroFX covers many of the most popular financial markets, including forex, stocks, cryptocurrencies, indices and commodities. Our team particularly liked the suite of US shares that were available, including big firms like Apple, Amazon and Tesla.
To improve its rating further, we would like to see the brand extend its commodities, as only a couple of spot metals are currently offered.
Fees
AdroFX scores fairly well in terms of trading fees, partly due to the transparent pricing structure. There are no commissions while tight spreads vary between accounts.
Spreads start as low as 0.3 pips with the Pro account and are kept minimal through to the Micro account, which offers an accessible minimum deposit of just $25. Typical spreads on major forex pairs, such as the EUR/USD, are 0.8 pips, while on gold the average spread is higher at 40 pips. Spreads on stock CFDs vary between assets, but expect to pay around 55 points on leading brands like Apple.
The broker is also upfront about additional fees, with details of overnight rates listed on the official website.
On the downside, the company does charge a $5 inactivity fee when an account hasn’t been used in over six months.
Account Types
AdroFX stands out for its multiple account offerings, split between the MT4 and Allpips platforms. Ultimately, the best profile for you will depend on the platform you want to use, the size of your minimum deposit, your trading strategy, and the instruments you want to trade. We highlight the key features and differences below.
MT4 Accounts
There are five primary account types offered on the MT4 platform, each with differing levels of accessibility and functionality:
Micro Account
A good pick for beginners:
- Minimum deposit – $25
- Minimum spread – 2 pips
- Maximum leverage – 1:500
- Minimum lot size – 0.0001
- Execution type – market execution
- Instruments – forex and commodities
Micro Pro
A good pick for beginners with a higher budget:
- Minimum deposit – $100
- Minimum spread – 0.4 pips
- Maximum leverage – 1:500
- Minimum lot size – 0.0001
- Execution type – market execution
- Instruments – forex and commodities
Standard Account
Suitable for typical traders:
- Minimum deposit – $100
- Minimum spread – 1.2 pips
- Maximum leverage – 1:500
- Minimum lot size – 0.01
- Execution type – market execution
- Instruments – forex, indices, commodities, and cryptos
Premium Account
Suitable for experienced traders and those looking for stocks:
- Minimum deposit – $2,000
- Minimum spread – 0.4 pips
- Maximum leverage – 1:500
- Minimum lot size – 0.01
- Execution type – market execution
- Instruments – forex, indices, commodities, cryptos, and stocks
Pro Account
Suitable for high-volume traders looking for tighter spreads:
- Minimum deposit – $10,000
- Minimum spread – 0.4 pips
- Maximum leverage – 1:500
- Minimum lot size – 0.01
- Execution type – market execution
- Instruments – forex pairs, indices, commodities, stocks and cryptos
We also rated that AdroFX offers a swap-free account that facilitates halal, Islamic trading. Swap-free accounts can be opened with the Standard, Premium and Pro account templates.
Allpips Accounts
The Allpips platform comes with three account options and facilitate copy trading.
Fiat
- Minimum deposit – $100
- Minimum spread – 0.4 pips
- Maximum leverage – 1:500
- Minimum lot size – 0.01
- Execution type – market execution
- Instruments – forex, indices, commodities, stocks and cryptos
Crypto
The Crypto account has the same features as the Fiat account, except here the minimum deposit is $100 in Bitcoin (BTC) or Ethereum (ETH). With that in mind, it’s the best pick for traders that deal in digital currencies.
Cent
The Cent account is a replica of the MT4 Micro described above. The key difference is that copy trading is available while expert-advisors are not supported.
How To Open An AdroFX Account
We found the sign-up process quick and easy. To get started:
- Fill out the registration form on the broker’s website
- Provide your name, email, country of residence, phone number and password
- Confirm your email address and verify it using the link
- Sign into the client portal with your new details
- Open your preferred terminal to make a trade
Deposits & Withdrawals
AdroFX offers a solid range of payment methods. Deposits can be made via bank transfer, for which the processing time is one to five working days, the minimum deposit is $200 and the only fee is any bank commissions.
For those aiming to focus their investments in crypto markets, the broker accepts fee-free cryptocurrency deposits using Tether, Bitcoin and Ethereum. There is also a range of commonplace e-wallets that can be used to deposit USD, GBP and EUR. Deposits made using e-wallets and cryptos have a minimum limit of $25 and are processed within one hour.
Withdrawals take 24 hours to process and can be performed using any of the available deposit methods. However, AdroFX charges commissions and fees on most options and not all methods have minimum transfer limits as low as those for deposits. This is a notable drawback vs alternative brokers. For example, the minimum withdrawal for Tether is $20 and fees are priced at $10.
Helpfully, a detailed breakdown of all the charges can be found on the broker’s official website.
AdroFX Leverage
Like many offshore brokers, AdroFX offers high leverage up to 1:500. But whilst this can be helpful in terms of increasing position sizes and earning potential, the risk of losses is also magnified, so care should be taken.
The margin call ranges from 10% (Standard, Premium, Pro, Fiat, Crypto) to 55% (Micro, Cent) depending on the account, while the stop-out level ranges from 5% (Standard, Premium, Pro, Fiat, Crypto) to 20% (Micro, Cent).
Note that leverage rates may vary for investors in different financial jurisdictions, as dictated by local regulations.
Trading Platforms
Our experts were reassured to see the reliable MetaTrader 4 (MT4) platform is available, as well as the Allpips copy trading terminal. This gives users a choice of stable trading software, with the added bonus that they are available as mobile apps.
MetaTrader 4
MetaTrader 4 (MT4) has a good range of features, including bespoke charting options, market analysis tools, technical indicators and support for algorithmic and social trading. A selection of instant and pending order types are also available, plus an integrated newsfeed.
In addition, MT4 comes with the option for a multi-terminal. This allows users to manage multiple accounts at the same time with one master login and password.
All of these features are available via desktop software, a web browser, or through an easy-to-use mobile app.
Ultimately, MT4 will cater to both active traders and newer investors.

Allpips
AdroFX also offers Allpips, which integrates technology and design to provide its clients with a unique learning experience and a user-friendly investing environment.
The platform offers multiple chart types, technical indicators and analysis tools, plus support for several trading windows and custom watchlists. We particularly liked the slick dashboard where you can keep on top of your trades with information on profit, balance, and margin.
Clients are also able to automatically copy the positions of successful investors. When the pros open or close a trade, so do their followers. This is a particularly useful feature for beginners who may not be as confident in their trading abilities.
Our team also appreciated that AdroFX has ensured that copy trading is available on all asset classes with 24/5 trading times.

How To Start Copy Trading
Traders can get started with the AdroFX Allpips copy trading solution in a few easy steps:
- Find a trader who aligns with your objectives and risk tolerance (you can filter by profit, number of followers and more)
- Decide how much you want to invest (you can split capital between multiple traders)
- Automatically mirror trades and strategies from your account
- Monitor your portfolio from the intuitive dashboard
Mobile App
On the downside, AdroFX does not offer its own mobile app. However, clients have access to the MetaTrader 4 app on both iOS and Android. With 5-star ratings from tens of thousands of investors, the MT4 application gives its users comprehensive control over their accounts, efficient on-the-go trading and a range of analysis functionalities.
Deposits and withdrawals can be made from the app. One-click trading is also supported, plus users get access to the MetaTrader marketplace, where thousands of custom indicators and signals can be downloaded.
In addition, our team were pleased to see seamless integration between the desktop software and mobile application, providing a smooth online trading experience.
Demo Account
Another bonus is that AdroFX offers a free demo account for clients to familiarize themselves with trading on its platforms. With zero deposit required, this is a risk-free alternative to the live market experience that is available on desktop and mobile.
The demo account incorporates helpful elements like free market data and real-time news, which are available alongside a quick-start guide. There are also demo account customization options, including a range of leverage limits from 1:1 up to 1:500.
Bonuses & Promotions
AdroFX holds regular contests and promotions, which can be found on its website. These can upgrade the trading experience and profit potential. Most notably, there is a competitive 100% bonus offer, automatically doubling any initial deposit.
It should be noted, however, that these deals are not available in all financial jurisdictions. Also, we always recommend checking bonus terms and conditions as wagering requirements can make it hard to withdraw bonus credits and associated profits.
Regulation & License
AdroFX is a worldwide broker comprised of several geographically dependent business entities, each of which is regulated by corresponding financial bodies:
- Adro Markets Ltd is based in St. Lucia and is regulated by the Business Services of Saint Lucia Act
- Adro M Group LLC in St. Vincent and the Grenadines is registered with the Financial Services Authority (FSA)
- ADROMKT is regulated by the Vanuatu Financial Services Commission (VFSC)
However, our experts were disappointed to see that the firm isn’t authorized by any tier-one regulators, such as the UK’s Financial Conduct Authority (FCA). This does bring down the brand’s trust score.
Security & Safety
We were pleased to see that AdroFX incorporates several security protocols into its business structure to ensure the safety of its users’ capital. The broker never shares personal information and all transactions and information transfers are protected by SSL encryptions. Additionally, client funds are kept in segregated bank accounts.
AdroFX also offers negative balance protection, helping to minimize losses in the case of severe downturns by exiting trades once the losses exceed the account’s value. However, this is not a perfect system and extreme reversals on positions using high leverage rates cannot always be caught, especially during periods of low liquidity.
Additional Features
AdroFX scores fairly average in terms of education and market research.
There is a helpful news and blogs section on its website as well as a fully-fledged economic calendar, VPS hosting, and ebooks. These informational shortcuts help customers stay abreast of the latest developments. They are also particularly useful for beginners interested in learning fundamental analysis.
On the downside, the daily market analysis is limited compared to other brokers. The education materials also do not compare to leading alternatives.

Customer Support
When we used AdroFX, the support service was adequate. The broker offers live, professional support throughout their trading hours.
The customer service team can be contacted via email and telephone using the details below. On the downside, we were disappointed to see that live chat is not provided, which often provides a speedy response if you encounter withdrawal problems or account issues.
- Email: info@adrofx.com
- Telephone: +44 092 2618 1225
Company Details
With a team of 100+ experienced professionals, the company has a track record of strong financial results. Offering one of the most popular CFD trading platforms and providing live support 24/5, AdroFX is a trusted innovator.
The firm’s management team are customer-focussed, developing products to meet the needs of their traders. As a result, the company’s client base now spans 200 countries.
AdroFX has also picked up several industry awards, including for its STP/ECN execution and rapid growth.
Trading Hours
AdroFX is open for trading 24/5, Monday through Friday. However, the trading hours of different markets may vary within these bounds.
For example, while forex and crypto markets do not close overnight, stock markets open and close each day, with varying times depending on the location of the relevant market.
AdroFX Verdict
AdroFX is a well-regarded, international broker, earning it a large client base. Traders can take advantage of tight spreads, zero commissions and one of the world’s leading platforms – MetaTrader 4. While not offering the best range of financial instruments, most popular markets are covered, providing sufficient trading opportunities for most prospective clients.
Accepted Countries
AdroFX accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.
Traders can not use AdroFX from Korea, United States, Syria, Suriname.
Payment Methods
- Bitcoin Payments
- Neteller
- Perfect Money
- Skrill
- Visa
- Mastercard
- Sticpay
- Debit Card
- Credit Card
- Wire Transfer
- PayRedeem
- Ethereum Payments
AdroFX Details
Minimum Trade | 0.0001 lot |
---|---|
Regulated By | FSA, BSSLA, VFSC |
Account Types |
|
Islamic Account | Yes |
Mobile Apps | iOS & Android |
Margin Trading | Yes |
Volatility Index | No |
Spot Trading | Yes |
Perpetual Swaps | No |
ELWs | No |
REITs | No |
AI / Machine Learning | No |
Robo Advisor | No |
P2P Trading | No |
Negative Balance Protection | Yes |
VPS Hosting | Yes |
Tournaments | No |
Demo Competitions | No |
Managed Accounts | No |
Market Maker | No |
Auto Trading | Yes (EAs) |
Social Trading | Yes |
Trade Signals | Yes – Smart Signals |
Inactivity Fee | $5 |
Guaranteed Stop Loss | No |
Stock Exchanges |
|
Commodities |
|
CFD Trading Details
FTSE Spread | From 9.0 |
---|---|
GBPUSD Spread | From 0.5 |
Oil Spread | N/A |
Stocks Spread | From 3.0 |
Leverage | 1:500 |
Forex Trading Details
GBPUSD Spread | From 0.5 |
---|---|
EURUSD Spread | From 0.4 |
EURGBP Spread | From 1.5 |
Assets | 60+ |
Cryptocurrency Trading Details
Crypto Spread | From 3.0 |
---|---|
Crypto Lending | No |
Crypto Staking | No |
Crypto Mining | No |
Crypto Auto Market Maker | No |
Crypto Coins |
|
Compare AdroFX
Compare AdroFX with similar brokers that accept traders from your location. Among available brokers these are the most similar to AdroFX:
-
IG Group – IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have over 47 year track record of excellence.
Go to IG Group -
Just2Trade – Just2Trade offer high-tech trading on stocks and options with some of the lowest prices in the industry.
Go to Just2Trade -
Forex.com – Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.
Go to Forex.com
AdroFX Comparison Table
AdroFX | IG Group | Just2Trade | Forex.com | |
---|---|---|---|---|
Rating | 3.9 | 4.4 | 3.5 | 4.5 |
Markets | Forex, CFDs, Indices, Shares, Commodities, Cryptocurrencies | Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting | Stocks, ADRs, ETFs, futures, options, commodities, bonds | Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options |
Demo Account | Yes | Yes | Yes | Yes |
Minimum Deposit | $25 | £250 | $100 | $100 |
Minimum Trade | 0.0001 lot | 0.1 lots | 0.01 | $1 |
Regulators | FSA, BSSLA, VFSC | FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin | CySEC, NFA, FINRA, Bank of Russia | CySEC, IIROC, NFA, CFTC, FCA, CIMA |
Bonus | 100% deposit bonus | – | Up to $2,000 for professional accounts | No |
Education | No | Yes | No | Yes |
Platforms | MT4 | MT4, AutoChartist, TradingCentral | MT4, MT5, TradingCentral | MT4, MT5, TradingView, AutoChartist, TradingCentral |
Leverage | 1:500 | 1:30 | 1:5 to 1:20 | 1:200 |
Payment Methods | 12 | 6 | 20 | 8 |
Visit | – | Visit | Visit | Visit |
Review | AdroFX Review |
IG Group Review |
Just2Trade Review |
Forex.com Review |
Compare Trading Instruments
Compare the markets and instruments offered by AdroFX and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
AdroFX | IG Group | Just2Trade | Forex.com | |
---|---|---|---|---|
CFD | Yes | Yes | Yes | Yes |
Forex | Yes | Yes | Yes | Yes |
Stocks | Yes | Yes | Yes | Yes |
Commodities | Yes | Yes | Yes | Yes |
Oil | No | Yes | Yes | Yes |
Gold | Yes | Yes | Yes | Yes |
Copper | No | Yes | No | No |
Silver | Yes | Yes | Yes | Yes |
Corn | No | No | No | No |
Crypto | Yes | Yes | Yes | Yes |
Futures | No | Yes | Yes | Yes |
Options | No | Yes | Yes | Yes |
ETFs | No | Yes | Yes | No |
Bonds | No | Yes | Yes | No |
Warrants | No | Yes | No | No |
Spreadbetting | No | Yes | No | No |
Volatility Index | No | Yes | No | No |
AdroFX vs Other Brokers
Compare AdroFX with any other broker by selecting the other broker below.
FAQ
Can I Trust AdroFX?
AdroFX is a global brokerage that is regulated by several independent agencies. The regulatory body responsible for client protection varies with geographical location. AdroFX is currently regulated by the Business Services Act of St. Lucia, the Financial Services Authority (FSA) in St. Vincent and the Grenadines and the Vanuatu Financial Services Commission (VFSC).
On the downside, these aren’t the most reputable regulators so traders may not receive the same level of capital and account protection as brands authorized by the CySEC or FCA, for instance.
Does AdroFX Offer Low Fees?
AdroFX offers its clients competitive trading fees with tight spreads and zero commission. We liked that spreads start at 0.3 pips with the broker’s top account. However, there are additional costs for some deposit methods and all withdrawal options, which is a major drawback. Swaps are also charged for positions held open overnight.
Does AdroFX Have A Mobile Phone App?
The broker does not offer its own mobile app. Traders with AdroFX accounts can use the MT4 mobile application for both iOS and Android devices. This is one of the most popular trading apps amongst new and experienced investors alike, supporting a large number of chart types, indicators and additional features.
What Trading Platform Does AdroFX Offer?
AdroFX offers two trading platforms, MetaTrader 4 and Allpips web trader. MT4 is a great platform with an impressive range of functionality, while Allpips is a sleek browser-based terminal with user-friendly dashboard designs. The latter also provides beginner-friendly copy trading.
Does AdroFX Offer A Demo Account?
Yes, AdroFX offers a free demo account for clients to familiarize themselves with the platforms and financial instruments offered. The practice account uses simulated money in a pseudo-real-world market environment for risk-free investing. Investors can then switch to one of the broker’s multiple live accounts when they feel ready.
Article Sources
The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com