Firstrade vs AdroFX
Firstrade | AdroFX |
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4
Firstrade is #26 in our broker rankings. |
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3.9
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Firstrade is a US-headquartered discount broker-dealer with authorization from the SEC. The company is also a member of FINRA/SIPC. With welcome bonuses, powerful tools and apps, plus commission-free trading, Firstrade Securities is a popular online brokerage. It is also quick and easy to open a new account. |
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. |
Bonus Offer | |
Deposit Bonus Up To $4000 | 100% deposit bonus |
Promotions | |
Get $200 In Transfer Fee Rebates When You Switch To Firstrade |
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Comment by Reviewer | |
"We recommend Firstrade for beginner investors looking to trade US stocks with no commissions. There is a wealth of free education plus premium-quality research and trading ideas from Morningstar, Briefing.com, Zacks and Benzinga." | "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." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Stocks, ETFs, Options, Mutual Funds, Bonds, Cryptos, Fixed | Forex, CFDs, Indices, Shares, Commodities, Cryptocurrencies |
Demo Account | |
No | Yes |
Minimum Deposit | |
$0 | $25 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$1 | 0.0001 Lots |
Regulator | |
SEC, FINRA | FSA, BSSLA, VFSC |
Margin Trading | |
Yes | Yes |
Margin Rate | |
4.50% | |
STP Account | |
No | Yes |
ECN Account | |
No | 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 | |
No | Yes |
Market Maker | |
Yes | No |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Mobile Apps | |
iOS & Android | iOS & Android |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | Yes |
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 | |
No | Yes |
Trade Signals | |
Yes - Smart Signals | |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
Yes | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$5 | |
Islamic Account | |
No | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
CFD trading not offered | 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. |
Leverage | |
1:500 | |
FTSE Spread | |
From 9.0 | |
GBPUSD Spread | |
From 0.5 | |
Oil Spread | |
N/A | |
Stocks Spread | |
From 3.0 | |
Forex Trading | |
Forex trading not offered | 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. |
GBPUSD Spread | |
From 0.5 | |
EURUSD Spread | |
From 0.4 | |
EURGBP Spread | |
From 1.5 | |
Assets | |
60+ | |
Cryptocurrency | |
Take positions on dozens of leading cryptocurrencies with low fees and 24/7 investing. Traders need just $1 to start speculating on popular tokens like Bitcoin. Clients can also buy cryptos instantly in a few straightforward steps. | 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. |
Spread | |
Variable | From 3.0 |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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More Comparisons | |
Firstrade vs |
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