Webull vs AdroFX
| Webull | AdroFx |
|---|---|
4.4
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2.9
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Webull is a multi-regulated trading app that offers stocks, options, forex, cryptos, ETFs, fractional shares and more. The firm is authorized by the SEC, FINRA and FCA and continues to uphold a strong trust rating. Low fees, no minimum investment and generous welcome bonuses have made the discount broker popular with online investors. |
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 | |
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3
Based on 1 AdroFx customer reviews
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| Bonus Offer | |
| Up to 12 free fractional shares when you deposit $100 | 100% Deposit Bonus |
| Comment by Reviewer | |
| "Webull is best for traders looking to buy and sell stocks on a user-friendly platform with zero commissions. The intuitive app also makes this broker great for mobile investors." | "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, ETFs, Cryptos, Options | Forex, CFDs, Indices, Shares, Metals, Cryptos |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $25 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.00001 (Fractional Share) | 0.0001 Lots |
| Regulator | |
| SEC, FINRA, FCA | VFSC, FSA, BSSLA |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 5.49% - 9.49% | |
| 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 | |
| Yes | No |
| Negative Balance Protection | |
| No | Yes |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | iOS &; Android |
| Auto Trading | |
| 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 | |
| No | Yes |
| Trade Signals | |
| 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 | |
| $0 | $5 |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| CFD trading not offered | 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 | |
| 1:4 | 1:500 |
| FTSE Spread | |
| From 9.0 | |
| GBPUSD Spread | |
| From 0.5 | |
| Oil Spread | |
| N/A | |
| Stocks Spread | |
| $0 | From 3.0 |
| Forex Trading | |
| Webull offers a small range of 17 currencies - far fewer than the 40+ offered by most competitors. Forex can be traded on the feature-rich investing app, offering 50+ customizable indicators plus dozens of technical signals. Beginners can also utilize demo mode with unlimited virtual cash. | 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 | |
| 0.4 | From 0.5 |
| EURUSD Spread | |
| 0.2 | From 0.4 |
| EURGBP Spread | |
| 0.4 | From 1.5 |
| Assets | |
| 15+ | 60+ |
| Cryptocurrency | |
| Webull offers trading on 8 popular cryptos through its Webull Pay app, including Bitcoin, Litecoin and Shiba Inu. The broker charges a 100bps (basis points) markup on the price, although there is no minimum equity requirement or commission fee. | 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 | |
| Floating | 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 | |
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Webull vs |
AdroFx vs |