Adro Markets Ltd, Adro M Group LLC, Adro(Fx) Group Ltd
Founded in 2018
Online since 2018
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St. Vincent and the Grenadines Financial Services Authority
AdroFx Broker Review – A Detailed Analysis for Traders
Welcome to another comprehensive review from DayFunded, your trusted source for honest broker reviews. Today, we are evaluating AdroFx, a broker that has been in the online trading arena since 2018. We’ll delve into the nitty-gritty of their platform, features and services to ascertain if they are worth your trust and investment.
Company Overview
AdroFx was founded in 2018 by three entities, namely Adro Markets Ltd, Adro M Group LLC, and Adro(Fx) Group Ltd. In their short stint in the market, they've made significant inroads by providing an array of attractive features such as trading by phone, free educational resources, managed accounts, VPS and more.
AdroFx: Broker Features
Trading by phone
In an era where everything is becoming mobile, AdroFx stays ahead of the curve with their 'Trading by Phone' feature. This service allows traders to execute trades even when away from their desktops, a feature that many brokers are yet to offer.
Free Education
AdroFx stands out with their dedication to fostering an educated trading community. Their free educational resources offer traders a wealth of knowledge to help them get started and level up their trading skills.
Managed Accounts and Additional Features
AdroFx goes the extra mile with their managed accounts feature. This enables less experienced traders to have their accounts managed by seasoned professionals. Additional features like VPS, segregated accounts, personal manager, PAMM, and bonuses make AdroFx a custodian that aims to facilitate smooth trading experiences.
AdroFx: Ratings and Regulations
On the rating scale, AdroFx takes a perfect 10. Despite the commendable rating, it's worth noting that AdroFx is not yet seriously regulated, which might be a point of consideration for cautious traders. Furthermore, the brokerage does not permit US traders for its services.
AdroFx: Account Specifications
While the minimum account size has not been specified in our provided data, AdroFx is known for offering low spreads. This makes it a cost-effective option for traders looking to maximize their profits. The maximum leverage hasn't been stated, which might be a concern to traders who rely on leveraging for making substantial gains.
Final Thoughts
AdroFx ticks a lot of boxes when it comes to the features it provides. The company has a keen focus on technological advancements and trader education. However, keep in mind the regulatory situation and if this is significant to you as a trader.
Stay tuned to DayFunded for more insightful broker reviews. As always, we advise you to do your own research before committing your capital and trust to any broker.
Disclaimer: Trading involves a high risk of losing your money. Never invest what you are not willing to lose.
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AdroFx has been good overall for trading, but there are some issues that need addressing. The response time to resolve issues could be improved. However, the user-friendly interface and easy navigation have made my experience a generally positive one.
DaveK
Vancouver, Canada
I had mixed feelings about AdroFx. On one hand, the educational resources are top-tier, which I value greatly as a beginner. But on the other hand, the spreads are quite high, which takes a toll on my profits.
Mikael A.
Stockholm, Sweden