AdroFX vs Amega

AdroFX vs Amega Comparison Table 2023
AdroFX Review 2023 Amega Review 2023
3.9
3
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

Amega is an offshore STP broker offering CFD trading on forex, stocks, indices and commodities with very high leverage up to 1:1000 and a zero-commission pricing structure. Traders access markets through the MT5 platform and can test the broker's services through a demo account.

Bonus Offer
100% deposit bonus
Comment by Reviewer
"AdroFX is ideal for new traders with easy-to-use Allpips and MetaTrader 4 platforms, a range of accessible accounts, plus a highly rated news blog." "Amega is a good option for traders seeking commission-free CFDs with tight spreads on the MT5 platform. We also rate the fast execution speeds of 0.1s which will appeal to active day traders."
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
  • Flexible payment options include crypto and international banking options
  • Competitive commission-free trading with spreads from 0.8
  • Full range of investments including cryptocurrencies
  • Low minimum deposit for beginners at $20
  • Swap-free Islamic trading profiles available
  • Free demo account
Cons
  • Weak regulatory oversight compared to alternatives
  • Withdrawal charges on several payment options
  • The broker is not regulated by a trusted financial authority
  • Only one platform is available with limited educational materials
  • No MetaTrader 4 integration
  • Copy trading not available
  • Costly withdrawal fees
Awards
  • Best STP/ECN Broker
  • Most Innovative Broker
  • Fastest Growing Forex Broker Europe
Instruments
Forex, CFDs, Indices, Shares, Commodities, Cryptocurrencies CFDs, Forex, Shares, Indices, Commodities, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$25 $20
Trading Platforms
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.0001 Lots 0.01 Lots
Regulator
FSA, BSSLA, VFSC
Margin Trading
Yes Yes
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
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.
Social Trading
Yes No
Trade Signals
Yes - Smart Signals MT5
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5 $5
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
Stock Exchanges
Commodities
CFD Trading
AdroFX offers a good suite of CFDs on stocks, cryptos, indices and commodities, with high leverage up to 1:500. CFD trading is done through the reliable MT4 platform, while a separate Allpips platform is available for copy trading. Trade CFDs on 100+ instruments from popular asset classes. Leverage up to 1:200 is available on precious metals, while stocks, indices and energies can access 1:20 max leverage and 1:10 for commodities. On the negative side, the depth of assets is limited vs other CFD brokers.
Leverage
1:500 1:1000
FTSE Spread
From 9.0 From 0.8 pips
GBPUSD Spread
From 0.5 From 0.8 pips
Oil Spread
N/A From 0.8 pips
Stocks Spread
From 3.0 From 0.8 pips
Forex Trading
AdroFX has a good forex offering of more than 60 pairs, which can be traded with up to 1:500 leverage via the MT4 platform or copy-traded with Allpips. The broker also offers very tight spreads starting from 0.4 pips and charges no commission. Trade 70+ major, minor and exotic forex pair CFDs with up to 1:1000 leverage, no commission fees and competitive spreads from 0.8 pips. FX trades can also be executed via the reliable and fast MetaTrader 5 software.
GBPUSD Spread
From 0.5 From 0.8 pips
EURUSD Spread
From 0.4 From 0.8 pips
EURGBP Spread
From 1.5 From 0.8 pips
Assets
60+ 70+
Cryptocurrency
AdroFX traders can access a narrow range of four crypto CFDs. This broker does not work as an exchange or wallet, meaning that only derivatives trading and not ownership of crypto assets is available. Trade popular digital tokens against fiat currencies. Go long or short on Bitcoin and get 24/7 instant cashback when you trade in high volumes. However, traders looking for low-cap tokens should look at alternative brokers.
Spread
From 3.0 From 0.8 pips
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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