About AdroFX
AdroFX is a team of professional traders with extensive experience, combining the advanced expertise of financial market leaders with innovative technologies. The broker offers its clients the most modern trading technologies and a variety of trading instruments. AdroFX positions itself as a leading company providing all necessary services for successful and productive collaboration with clients of various levels of expertise and from different countries.
Registration and Licensing
The official data of the company raise questions as there are no documents on the adrofx.com website. The registered address is listed as: Rodney Bayside Building, Rodney Bay, Gros-Islet, Saint Lucia. Regulatory organizations are noted from Mauritius and Saint Lucia. Currently, the company is in the process of obtaining a license in the Republic of Vanuatu. Considering that all these countries are offshore zones, the connection with local regulatory authorities is not a sufficient basis for activity in the CIS countries. It should not be overlooked that the broker’s legal status is not confirmed, and AdroFX’s operations are not supported by the Central Bank of Russia.
Support
Technical support is provided through phone, email, call-back function, and online inquiry form. AdroFX is ready to offer its clients convenient conditions for investing and additional bonuses.
Trading Conditions
To start cooperation with the broker, clients need to register on the website and make an initial deposit, the amount of which is not disclosed. Users can choose from four available trading plans:
- Standard. Minimum investments of 100 dollars/euros. Standard collaboration conditions, spreads from 1.2 points, leverage 1:500.
- Premium. Minimum investments from 2000 dollars/euros. Spreads from 0.4 points, leverage 1:500.
- PRO. Investments from 10 thousand dollars/euros. Spreads 0., similar conditions to the previous account.
- Micro. For algorithmic trading testing. Initial capital from 25 dollars/euros. Spreads 2.0. Access only to currency pairs and metals.
AdroFX also offers an affiliate program for creating passive income and various promotions and contests to reward clients.
Deposit and Withdrawal of Funds
The company does not set limits on the deposit amount. The minimum initial capital is not defined but must exceed the value of the Micro account. Commissions are only charged for inactive accounts. AdroFX supports various methods of deposit and withdrawal, including Visa, Mastercard, Neteller, Skrill, Perfect Money, Bitcoin, Payeer. All withdrawal requests are processed within 1 hour, except for bank transfers (2-5 days).
In Conclusion
AdroFX presents itself as a leading broker in the global market, despite the lack of official registration, license, and other legal justifications for legitimate operations. It does not have permission from the Central Bank of Russia. The broker offers several trading account options, but their functionality is practically the same, despite the variety of investment opportunities.
AdroFX offers a comprehensive range of trading tools and has a user-friendly platform, yet the broker’s customer service could be improved.