AdroFx vs Tradeview

AdroFx vs Tradeview Comparison Table 2024
AdroFx	Tradeview
Review 2.9	Review 3.8

AdroFx is an offshore ECN/STP broker that has offered CFD trading since 2018. The firm supports 100+ tradable assets on the popular MetaTrader 4 platform as well as a web trader, Allpips. Eight live accounts are available with no restrictions on day trading strategies.	Tradeview is an offshore forex and CFD broker based in the Cayman Islands and regulated by CIMA. Traders can access over 5000 instruments with a minimum deposit of $100. There are several third-party platforms on offer, including MetaTrader 4 (MT4) and cTrader.
	Risk Warning- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% - 89% of retail investors' accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74-89% of retail CFD accounts lose money.
Customer Reviews
3 Based on 1 AdroFx customer reviews
Bonus Offer
100% Deposit Bonus	Promotional Offer vary. Contact Tradeview for details
Comment by Reviewer
"AdroFx will appeal to traders who want a quick and affordable way to speculate on currencies with high leverage via two reliable platforms, including MetaTrader 4. However, testing shows it trails the best day trading brokers in several areas, notably regulation and its investment offering."	"After exploring the broker, I think Tradeview is a good choice for experienced traders looking for a no-frills brokerage service with rapid ECN execution, tight spreads and feature-rich software. Conversely, with the lack of top-tier regulation and educational materials, beginners may want to look elsewhere."
Pros
Strong automated trading support with VPS access on MT4 offered free for Pro account holders and affordable access from $10 for other accounts 60+ currency pairs is a great range that beats out many rivals and provides plenty of opportunity for forex traders Quick, responsive customer support from knowledgeable staff who provide personalized responses during testing AdroFx is day trader-friendly with no limitations, meaning you can use scalping and other fast-paced strategies MetaTrader 4 is available, catering to advanced day traders with its extensive charting package	The main thing that stands out for me is the wide range of platforms available at Tradeview, including the MetaTrader terminals, cTrader and Currenex, plus several software options for the broker’s real stocks trading service Through STP/ECN execution, the broker is able to achieve raw pricing on popular assets. Tradeview also charges very low commissions from $2.50 per lot per side My tests uncovered a strong range of 60+ currency pairs, which is above the industry average and should allow serious forex traders to explore plenty of opportunities I found a decent range of payment methods available at Tradeview, with no deposit fees and same-day processing times In addition, TradeView is a liquidity provider for other firms, underlining their reliability.
Cons
Expensive withdrawals for most payment methods, including a 1.9% charge on cards, which can be avoided at most top day trading brokers Low trust score with weak regulatory oversight and short track record compared to established day trading brokers like IG Only 100+ instruments are available, with a particularly weak stock and crypto offering, leaving little scope for diversification and reducing the broker's suitability for experienced traders Mediocre selection of research tools with limited insights into upcoming events that could help beginners identify opportunities, especially compared to alternatives like eToro	A key drawback for me is the lack of top-tier regulatory oversight. The broker’s offshore regulation with CIMA may mean that traders won’t receive robust fund protection measures. They are however, looking to bolster this area in the near future. I was a little disappointed to find a $35 fee for bank wire withdrawals and a 1-1.5% fee for Skrill and Neteller
Awards
Best STP/ECN Broker 2022 - Forex Awards Most Innovative Broker 2022 - Forex Awards Fastest Growing Forex Broker Europe 2022 - International Business Magazine
Instruments
Forex, CFDs, Indices, Shares, Metals, Cryptos	Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
$25	$100
Trading Platforms
Allpips MT4	MT4 MT5 cTrader
Payment Methods
Bitcoin Payments Credit Card Debit Card Ethereum Payments Mastercard Neteller PayRedeem Perfect Money Skrill Sticpay Visa Wire Transfer	Credit / Debit Car, Neteller, Skrill, Cryptocurrencies, Bank Wire, Bitpay, Accentpay, Payretailers, Sticpay, Fasapay, Advcash, TransferMate, Bitwallet, Uphold and JPay
Minimum Trade
0.0001 Lots	0.01 Lots
Regulator
VFSC, FSA, BSSLA	CIMA, MFSA
Margin Trading
Yes	No
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	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS &; Android	Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader	Yes
Copy Trading
Yes	Yes
Copy Trading Platform
You can use the broker's Allpips platform to copy the trades of experienced investors. Thousands of traders have joined the community and new users can get started with a $100 deposit. That said, it doesn't rival category leaders like eToro with its highly active social trading network.	Choose between manual and automated copy trading at with a range of leading market signals.
Social Trading
Yes	Yes
Trade Signals
Smart Signals	Yes
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
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP
Stock Exchanges
CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq S&P 500
Commodities
Gold Silver	Gold Silver
CFD Trading
AdroFx offers a most selection of around 100 CFDs on stocks, cryptos, indices and commodities. Its appeal lies in the high leverage up to 1:500 which you can't find in heavily regulated jurisdictions and the commission-free pricing model which will serve beginners. You can speculate on both rising and falling prices from the same product with CFDs.	My tests uncovered around 100 CFD products covering forex, indices, commodities and cryptos. Leverage is available up to 1:400 and it’s good to see that scalping, hedging and EA strategies are permitted.
Leverage
1:500	1:400 (CIMA), 1:30 (MFSA)
FTSE Spread
From 9.0	N/A
GBPUSD Spread
From 0.5	0.6
Oil Spread
N/A	0.5
Stocks Spread
From 3.0	Variable
Forex Trading
AdroFx's strongest offering is its 60+ currency pairs, which can be traded with very high leverage up to 1:500. The broker also offers competitive forex spreads starting from 0.4 pips and charges no commission. Additionally, day traders have access to MetaTrader 4, which was built for forex trading and offers excellent support for technical analysis and algo trading.	I’m happy with Tradeview’s strong range of 60+ currency pairs spanning majors, minors and exotics with competitive spreads from 0 pips in the $1000 ILC account. Traders can choose from several platforms, but I was particularly impressed with the feature-rich Currenex platform which is designed specifically for currency trading.
GBPUSD Spread
From 0.5	0.6
EURUSD Spread
From 0.4	0.2
EURGBP Spread
From 1.5	0.7
Assets
60+	60
Cryptocurrency
AdroFx offers just four crypto CFDs, while the typical Bitcoin spread of around 59 USD is considerably higher than the industry average, making it a poor option for serious cryptocurrency traders. This broker does not work as an exchange or wallet, meaning that only derivatives trading and not ownership of crypto assets are available.	I found 5 crypto products at Tradeview: BTCUSD, ETHUSD, LTCUSD, XRPUSD and BTCJPY. Whilst this isn’t the widest range, beginners should have enough opportunities to explore the market. Plus, with STP/ECN execution, traders should be able to access relatively competitive prices.
Spread
From 3.0	From $0.09
Coins
BTC ETH LTC XRP	BTC ETC LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
	Risk Warning- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% - 89% of retail investors' accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74-89% of retail CFD accounts lose money.
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