IronFX vs AdroFX
IronFX | AdroFx |
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3.8
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2.9
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IronFX is a multi-regulated forex and CFD broker founded in 2010. This award-winning firm offers 500+ markets to over 1.5 million clients across 180 countries. Traders can access various account types with competitive pricing on the MT4 platform, as well as 24/5 customer support in 30 languages. |
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. |
Customer Reviews | |
4.3
Based on 11 IronFX customer reviews
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3
Based on 1 AdroFx customer reviews
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Bonus Offer | |
Traders can choose between: 100% unlimited Sharing Bonus – minimum $200 deposit. 40% Power Bonus up to $4,000 – minimum $500 deposit. 20% Iron Bonus up to $2,000 – minimum $100 deposit. | 100% Deposit Bonus |
Comment by Reviewer | |
"IronFX remains a good choice for experienced forex traders looking to trade with fixed or floating spreads. The range of 80+ currencies is more than many competitors and there are some excellent forex market research tools on offer." | "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." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs) | Forex, CFDs, Indices, Shares, Metals, Cryptos |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$100 | $25 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.0001 Lots |
Regulator | |
CySEC, FCA, FSCA, BMA / Bermuda | VFSC, FSA, BSSLA |
Margin Trading | |
Yes | Yes |
STP Account | |
Yes | Yes |
ECN Account | |
Yes | Yes |
DMA Account | |
No | No |
MAM Account | |
Yes | No |
PAMM Account | |
Yes | No |
LAMM Account | |
Yes | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
Yes | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
Android, iOS, WebTrader | iOS &; Android |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
The TradeCopier service allows aspiring investors to copy the strategies of top traders in real-time. The tool is a great way for beginners to learn from more experienced investors, whilst strategy providers can earn performance fees. | 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. |
Social Trading | |
Yes | Yes |
Trade Signals | |
Yes | Smart Signals |
VPS Hosting | |
Yes | Yes |
Tournaments | |
Yes | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
3% | $5 |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
IronFX’s asset list of 300+ instruments covers forex, stocks, commodities and index CFDs. Maximum leverage from 1:30 to 1:1000 is available depending on account location. Day traders can access superb technical analysis features, including 30 pre-integrated indicators and 9 charting time frames. | 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. |
Leverage | |
1:30 (FCA), 1:30 (CySEC), 1:500 (FSCA), 1:1000 (BM) | 1:500 |
FTSE Spread | |
140 | From 9.0 |
GBPUSD Spread | |
0.8 | From 0.5 |
Oil Spread | |
3 | N/A |
Stocks Spread | |
Variable | From 3.0 |
Forex Trading | |
IronFX continues to offer a strong selection of 80 currency pairs. You can trade through the market-leading MT4 platform with a range of forex market research tools. That said, commission charges in the zero-spread accounts are high, starting from $13.50 per lot. | 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. |
GBPUSD Spread | |
0.8 | From 0.5 |
EURUSD Spread | |
0.7 | From 0.4 |
EURGBP Spread | |
0.9 | From 1.5 |
Assets | |
80+ | 60+ |
Cryptocurrency | |
Crypto trading not offered | 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. |
Spread | |
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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