AdroFX
This broker does not accept traders from United States.
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.
| Min. Deposit | $25 |
| Min. Trade | 0.0001 Lots |
| Regulated By | VFSC, FSA, BSSLA |
| Mobile Apps | iOS &; Android |
| Currencies | USD, EUR, GBP |
CFD
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.
| FTSE Spread | From 9.0 |
| GBPUSD Spread | From 0.5 |
| Oil Spread | N/A |
| Stocks Spread | From 3.0 |
| Leverage | 1:500 |
Forex
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 | From 0.5 |
| EURGBP Spread | From 1.5 |
| EURUSD Spread | From 0.4 |
| Assets | 60+ |
Cryptos
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.
| Coins | BTC, ETH, LTC, XRP |
| Spread | From 3.0 |