Firstrade vs AdroFX

Firstrade vs AdroFX Comparison Table 2023
Firstrade	AdroFX
Review 4 Firstrade is #26 in our broker rankings.	Review 3.9
Traders from US accepted	Traders from US not accepted See available CFD brokers
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
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
SIPC member Low OTC fees Crypto trading Premarket trading Accepts US traders No minimum deposit Commission-free investing Regulated by SEC and FINRA Multiple customer support options Access to education, research, and tools Stop limit and trailing stop orders supported Mobile app with advanced features and analysis	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
No copy trading Some withdrawal fees No 24/7 customer support No forex or futures trading No demo/paper trading account Visa Credit/debit card deposits and withdrawals not accepted	Weak regulatory oversight compared to alternatives Withdrawal charges on several payment options
Awards
Best for ETF & Active Investor Commission & Fees - 2019	Best STP/ECN Broker Most Innovative Broker Fastest Growing Forex Broker Europe
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
Own	MT4
Payment Methods
ACH Transfer Automated Customer Account Transfer Service Cheque Wire Transfer	Bitcoin Payments Credit Card Debit Card Ethereum Payments Mastercard Neteller PayRedeem Perfect Money Skrill Sticpay Visa Wire Transfer
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
USD	USD EUR GBP
Stock Exchanges
Nasdaq New York Stock Exchange	CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Japan Exchange Group London Stock Exchange Nasdaq
Commodities
	Gold Silver
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
ALGO AVAX BAT BTC BCH ADA LINK ATOM CRO CRV MANA DOGE ETH ETC FTM LTC LRC MATIC REN SHIB SOL XLM SUSHI GRT UNI YFI	BTC ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
More Comparisons
Firstrade vs	AdroFX vs