AdroFX Review

Regulated by: FSA, VFSC

Headquarters: UK

Ranking: 37

Spread: 0.3 pip for EURUSD

Leverage: 500:1

Minimum Deposit: $25


AdroFX Review & Author's Comment

AdroFX was founded in 2018 by a team of professionals with decades of experience in Financial Markets, the Banking Sector and Fintech. The Broker combined best practices of Finance market leaders with modern technologies to satisfy the needs of retail and institutional forex brokers.

AdroFX brand is authorized and regulated in various jurisdictions. Adro Markets Ltd is located in Saint Lucia and regulated by the Business Services of Saint Lucia Act, Cap/No.2020-00157. Adro M Group LLC, which is incorporated in St. Vincent and the Grenadines, number 1061 LLC 2021 by the Registrar of International Business Companies, and registered by the (FSA) Financial Services Authority.

On the other hand, Adro(Fx) Group Ltd is in the process of receiving a license from The Vanuatu Financial Services Commission (VFSC) the company offers Foreign Exchange and CFD trading on multiple trading platforms. VFSC is a legit fx and financial regulator, though it is an offshore one. It stipulates its brokers to operate under some serious prerequisites.

AdroFX Account Types

In addition to the demo account, AdroFX offers four different account types; Pro, Premium, Standard and Micro. Maximum leverage is up to 1:500 and you can open a real account with a minimum capital of $25

Standard Account: The Standard account is suitable for both novices and for experienced market players making their way to Forex heights and offers optimal trading conditions, ultra-fast order execution while enabling you to use virtually any trading strategy. Minimum deposit requirement is $100, spreads start from 1.2 pips and maximum available leverage for this account type is 500:1.

Micro Account: The most important feature of a micro account is that 1 Cent lot equals 0.01 of a Standard lot or 1000 units, while the trading conditions are equal to those for standard accounts. As a result, it is a perfect way for testing new trading strategies and trading robots in market conditions without significant investment. For a micro account, the minimum deposit is $25. Spreads start from 2.0 pips and maximum leverage is 500:1.

Premium Account: Premium Account is designed for professionals, who prefer the best trading conditions. With the spread starting from 0.4 pips which is almost twice lower in comparison to any other account types. Besides, you will get access to all trading instruments including CFDs on currency pairs, metal, crypto currencies, company stocks and indices. Minimum deposit for a Premium Account is $2000 and maximum leverage is 500:1.

Pro Account: Pro Account is the best for advanced traders, who require first class trading conditions and high-speed execution at any market volatility. On this account, you will get access to all trading instruments. In addition, AdroFX provides free VPS for Premium Accounts that will let you trade with trading robots 24/5. You need to deposit at least $10000 in order to open a Premium Account and the maximum leverage is 500:1.

AdroFX Withdrawal and Deposit Methods

Deposit and withdrawal methods provided by AdroFX are wire transfer, vLoad, Payeer, Perfect Money, Bitcoin, Ethereum, Skrill, Neteller and uphold. Minimum deposit by wire transfer is $100 and $50 by vLoad. You can use the other methods for deposits and withdrawals as low as $25. Processing time is up to 5 business days for the wire transfer and 1 hour for the other methods.

AdroFX Trading Platforms

AdroFX clients can use MetaTrader 4 for free. The terminal is still an unquestionably leading platform among retail traders. It has all features and tools that are necessary for both novice and advanced traders of the forex market. Moreover, the terminal includes embedded functionality and opportunities, which are typical only for MQL platforms.

Apart from MetaTrader 4, AdroFX offers web platform Allpips to its clients without any charge. Allpips is a multi-asset platform that brings together cutting-edge technologies and a classic design. You do not have to download and install any software on your computer in order to use Allpips. Just login to the platform over a web browser with the credentials provided by the Broker.

AdroFX Bonus and Promotions

·         30% Deposit Bonus – Deposit Bonus allows you to trade with additional margin and is a free bonus just for making a deposit with AdroFX. $100 deposit brings 10% bonus meanwhile $500 brings 20% bonus and $5000 brings 30% bonus.

·         100% Welcome Bonus – AdroFX offers 100% welcome bonus for every time you make a deposit over $1200 throughout a year from the date you opened a real account.

AdroFX Final Word

AdroFX is a non-regulated broker founded in 2018. The Broker is regulated by SVG FSA and in the process of receiving regulation from The Vanuatu Financial Services Commission (VFSC). Apart from regulation, AdroFX provides all the necessary features and requirements for becoming a suitable forex broker. Diverse account types, trading instruments and generous bonus promotions are the strength of this broker.

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Broker Detail
Adress: First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines.
Phone: +44 203 504 2223
Web: https://adrofx.com/
E-Mail: [email protected]
Regulator: FSA, VFSC
Year Founded: 2018
Instruments
Forex:
Precious Metals:
Energy:
Soft Commodities:
Indices:
CFDs:
Stocks:
ETFs:
Bonds:
Options:
Cryptocurrencies: Bitcoin, Ethereum, Ripple, Litecoin
Account Options
ECN Account:
Swap-Free Account:
Nano Account:
MAM / PAMM Account:
Demo Account:
Funding Methods: Wire Transfer (SWIFT), vLoad, Payeer, Perfect Money, Bitcoin, Ethereum, Skrill, Neteller, uphold, StickPay
Withdrawal Methods: Wire Transfer (SWIFT), vLoad, Payeer, Perfect Money, Bitcoin, Ethereum, Skrill, Neteller, uphold, StickPay
Customer Services
Live Chat:
24 Hours Support:
Languages: English, Russian
Platforms
Supported Platforms: MetaTrader 4, Allpips
Webtrader:
Mobile: IOS, Android
Trading
Leverage: 500:1
Spreads: 0.3 pip for EURUSD
Minimum Deposit: $25
Fixed Spreads:
Automated Trading:
Hedging:
API Trading:
Negative Balance Protection:
Accepts Clients from the US:
Bonus:

AdroFX Review

AdroFX Review
  • 6/10
    Reliability - 6/10
  • 7/10
    Deposit & Withdrawal - 7/10
  • 8/10
    Bonus - 8/10
  • 6/10
    Customer Support - 6/10
6.8/10