PaxForex vs AdroFX
PaxForex | AdroFx |
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0.5
The www.paxforex.com domain has been seized by the FBI due to an ongoing dispute with the CFTC in the US. We urge traders to approach this firm with caution.
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2.9
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Traders from US not accepted
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Traders from US not accepted
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PaxForex is an offshore ECN/STP broker offering forex and CFDs. Traders can access a range of popular markets on the MT4 and AllPips platforms, with high leverage up to 1:500. However, the brokerage has come under fire in recent years for violating federal securities law in the US. |
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 | |
3
Based on 1 AdroFx customer reviews
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Bonus Offer | |
100% loyalty deposit bonus up to $10,000 | 100% Deposit Bonus |
Comment by Reviewer | |
"PaxForex may attract beginner traders looking for an accessible Cent account with high leverage, a low starting deposit and a 100% welcome bonus." | "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, stocks, indices, metals, cryptocurrencies | Forex, CFDs, Indices, Shares, Metals, Cryptos |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $25 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.0001 Lots | 0.0001 Lots |
Regulator | |
FSA | VFSC, FSA, BSSLA |
Margin Trading | |
No | Yes |
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 | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Mobile Apps | |
Yes | iOS &; Android |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
No | 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. | |
Social Trading | |
Yes | Yes |
Trade Signals | |
Yes | Smart Signals |
VPS Hosting | |
No | Yes |
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 | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Trade CFDs on indices, commodities and other popular asset classes with leverage up to 1:500. You can also access minimum lot sizes of 0.0001 in the Cent account, though spreads are much wider at 2.4 pips. | 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 | |
1:500 | 1:500 |
FTSE Spread | |
9 | From 9.0 |
GBPUSD Spread | |
0.5 | From 0.5 |
Oil Spread | |
N/A | N/A |
Stocks Spread | |
Variable | From 3.0 |
Forex Trading | |
PaxForex offers 60 currency pairs with minimum spreads from 0.4 pips. However, traders must deposit $2000 to access tight spreads which is disappointing and doesn't rival competitors. | 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 | |
0.5 | From 0.5 |
EURUSD Spread | |
0.4 | From 0.4 |
EURGBP Spread | |
1.5 | From 1.5 |
Assets | |
60 | 60+ |
Cryptocurrency | |
Only 4 major crypto assets are available, which doesn't compete with other brands. Due to legal disputes in the US, we urge traders to consider a regulated crypto broker instead. | 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 pips | 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 |
More Comparisons | |
PaxForex vs |
AdroFx vs |