More about the company
The company has a proven track record of strong financial results with a team of over 100 experienced professionals. Offering one of the most popular CFD trading platforms and providing 24/5 live support, AdroFX is a trusted market leader and innovator. The brokerage also offers seven live accounts, 1:500 leverage, a 100% bonus offer, and spreads from 0.3 pips.
Adro Markets Ltd is governed by the Business Services Act of Saint Lucia. Adro M Group LLC is registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, and ADROMKT is regulated by the Vanuatu Financial Services Commission (VFSC).
Trading Platforms
MetaTrader 4
AdroFX offers two trading platforms. The first is MetaTrader 4 (MT4), a popular terminal for beginner traders. MT4 comes with a range of features, including custom charting options, market analysis tools, technical indicators, and support for algorithmic and social trading. A choice of types of instant and pending orders is also available, as well as an integrated news feed.
Allpips
AdroFX also offers Allpips, which combines technology and design to provide its users with a unique learning experience and a convenient investment environment. The platform offers multiple chart types, technical indicators, and analysis tools, as well as support for multiple trading windows and custom watchlists.
Markets and assets
AdroFX covers many of the most popular financial markets, including forex, equities, cryptocurrencies, indices, and contracts for differences in commodity prices. In total, there are over 115 financial instruments that can be traded, facilitating a wide range of risk management strategies, profit opportunities, and market exposure.
Commissions and spreads
AdroFX offers zero commissions and tight spreads that vary by account. Spreads start at 0.3 pips on a pro account and stay as low as a micro account, which offers an affordable minimum deposit of just $25. Typical spreads for major currency pairs, such as EUR/USD, are 0.8 pips, while for gold, the average spread is 5.0 pips.
The broker is also transparent about additional fees. Details of overnight rates can be found on the official website.
Please note that the company charges a $5 inactivity fee if the account has not been used for more than six months.
Mobile trading
AdroFX does not offer its custom mobile application. However, clients have access to the MetaTrader 4 app on both iOS and Android. It has received 5-star ratings from tens of thousands of investors. The MT4 app provides its users with full control over their accounts, efficient trading on the go, and a range of analytical features.
Deposits and withdrawals
AdroFX offers a wide range of payment methods. Deposits can be made by bank transfer, for which the processing time is between one and five business days. The minimum deposit is $200, and the only fees are bank fees.
For those looking to focus their investments on the crypto markets, the broker accepts free deposits in cryptocurrencies using Tether, Bitcoin, and Ethereum. several regular e-wallets can be used to fund your account in USD, GBP, and EUR. Deposits made with e-wallets and cryptosystems have a minimum limit of $25 and are processed within one hour.
The withdrawal process takes 24 hours and can be carried out using any of the available deposit methods. However, AdroFX charges fees for most options, and not all methods have minimum transfer limits as low as those for deposits.
Demo account
AdroFX offers clients a hands-on account to get familiar with trading on their platforms. When you need to make a zero deposit, this is a risk-free alternative to the real market, available on desktops and mobile devices.
Regulation
AdroFX is an international broker consisting of several geographically dependent business structures, each of which is regulated by the relevant financial authorities. Adro Markets Ltd is based in Saint Lucia and is regulated by the Business Services Act of Saint Lucia.
Adro M Group LLC in St. Vincent and the Grenadines is registered with the Financial Services Authority (FSA) and ADROMKT is regulated by the Vanuatu Financial Services Commission (VFSC).
Account Types
The firm has seven account offerings split between the MT4 and Allpips platforms:
MT 4-accounts
There are four main account types offered on the MT4 platform, each with a different level of accessibility and functionality:
Micro Account
- Minimum deposit is $25.
- Minimum spread: 2 pips
- -1:500 maximum leverage
- The minimum lot size is 0.0001.
- Instruments—forex and commodities
Standard Account
- The minimum deposit is $100 USD.
- Minimum spread-1.2 pips.
- -1:500 maximum leverage
- Instruments: forex, indices, commodities, stocks and cryptosystems
premium account
- The minimum deposit is $2000.
- Minimum spread is 0.4 pips.
- -1:500 maximum leverage
- Instruments: forex, indices, commodities, stocks and cryptosystems
Pro account
- The minimum deposit is $10,000 USD.
- minimum spread-0.3 pips
- -1:500 maximum leverage
- more than 117 currency pairs, indices, commodities, stocks, and cryptocurrencies.
AdroFX also offers a swap-free account that facilitates halal Islamic trading. Swap-free accounts can be opened using standard, premium, and pro account templates.
allpips accounts
The Allpips platform offers three account options:
Fiat
- The minimum deposit is $100 USD.
- Minimum spread: 3 pips
- -1:500 maximum leverage
- 117+ instruments: forex, indices, commodities, stocks, and cryptos.
Cryptocurrency
A crypto account has the same features as a fiat account, except that here you can only buy, sell, and hold Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and Bitcoin (BTC).
Customer Service
AdroFX offers professional real-time support throughout the trading session. Customer support can be contacted by email and telephone.
Countries that AdroFX works with and doesn’t work with
AdroFX welcomes traders from Australia, Thailand, Canada, the United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, the United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar, and the majority of other countries.
Traders from Korea, the United States, Syria, and Suriname are not permitted to use AdroFX.
Conclusion
AdroFX is a respected international broker, thanks to which it has a large client base spanning over 200 countries. Traders can take advantage of tight spreads, zero commissions, and one of the world’s leading platforms, MetaTrader 4. Although we do not offer the widest range of financial instruments, we cover the most popular markets, providing sufficient trading opportunities for most potential clients.