This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
AdroFx Review
AdroFx is an offshore forex broker whose Vanuatu and St Vincent licenses have both been revoked. The FCA has warned UK consumers against using it.
Min Deposit
$25
Spreads From
Not independently confirmed
Max Leverage
1:500
Platforms
MetaTrader 4, Allpips
Pros
- AdroFx has operated since 2018 with a wide range of tradable instruments
- It offers MetaTrader 4 alongside its own Allpips trading platform
- Accounts can be opened from as little as 25 dollars
- It supports many payment methods, including cards, e wallets, and crypto
Cons
- Both its Vanuatu and Saint Vincent licenses have been revoked
- The FCA added AdroFx to its consumer warning list in December 2022
- It offers 1 to 500 leverage, far above limits set for retail clients elsewhere
- Compliance reviewers found it accepted large deposits before verifying client identity
AdroFx launched in 2018 and grew into a multi asset broker offering forex, metals, indices, and crypto CFDs. It trades under ADROMKT Limited in Vanuatu, with related companies in Saint Vincent and the Grenadines and Saint Lucia. It once held a Vanuatu Financial Dealer license and a Saint Vincent registration.
Both of those licenses have since been revoked, so AdroFx now operates with no valid financial license anywhere. In December 2022, the FCA added AdroFx to its warning list, saying the firm has no permission to offer services in the UK. Independent compliance reviewers have also flagged it for accepting large deposits before verifying who its clients are.
AdroFx offers MetaTrader 4 and its own Allpips platform, with more than 115 tradable instruments. Accounts start from 25 dollars and leverage reaches 1 to 500, far above the limits allowed for retail clients under real regulators like the FCA or ESMA.
Min. Deposit
USD 25
Max Leverage
1:500
Spreads From
Not independently confirmed
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
