PaxForex vs AdroFX

PaxForex vs AdroFx Comparison Table 2024
PaxForex AdroFx
The 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.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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
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."
  • Helpful additional trading tools including copy trading, daily free signals and an economic calendar
  • Cent accounts, free training and demo accounts available for beginners
  • 24/5 multilingual customer support via live chat, telephone and email
  • Accessible accounts with base currencies in USD, EUR and GBP
  • Access to the popular MetaTrader 4 platform
  • 100% loyalty deposit bonus
  • Daily free signals
  • MT4 MultiTerminal
  • 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
  • Sued by the CFTC for offering unregistered financial services to US traders
  • Offshore broker with weak regulation and safety rating
  • A high $2000 minimum deposit for the Standard account
  • 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
  • Best STP/ECN Broker 2022 - Forex Awards
  • Most Innovative Broker 2022 - Forex Awards
  • Fastest Growing Forex Broker Europe 2022 - International Business Magazine
Forex, stocks, indices, metals, cryptocurrencies Forex, CFDs, Indices, Shares, Metals, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$10 $25
Trading Platforms
  • MT4
  • Allpips
  • MT4
Payment Methods
Minimum Trade
0.0001 Lots 0.0001 Lots
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
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
Stock Exchanges
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.
1:500 1:500
FTSE Spread
9 From 9.0
0.5 From 0.5
Oil Spread
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.
0.5 From 0.5
0.4 From 0.4
1.5 From 1.5
60 60+
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.
From 3 pips From 3.0
  • BTC
  • ETH
  • LTC
  • XRP
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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