NordFX vs AdroFX

NordFX or AdroFX – which is better for UK traders 2024? Compare NordFX and AdroFX in this detailed breakdown of their platforms, features and fees.

NordFX vs AdroFX Comparison Table 2024
NordFX AdroFX
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3.5
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2.9
NordFX is ranked #21 among CFD brokers. AdroFX is ranked #62 among CFD brokers.
Founded in 2008, NordFX is an offshore CFD broker offering forex, stock, commodities, indices and crypto trading to over 1.7 million clients in 190 countries. Traders access markets through the MT4 and MT5 platforms and benefit from low commissions, spreads from zero and decent extra features. Minimum deposits start from just $10 and very high leverage is available up to 1:1000. 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 trading strategies.
Pros
  • NordFX has strengthened its account options with Pro accounts featuring spread-only pricing and Zero accounts with spreads from 0.0 on assets like the EUR/USD.
  • The straightforward copy trading service may appeal to beginners or improving traders, with just a $100 minimum deposit to get started.
  • There's an impressive range of 25+ payment methods, including local bank transfers, with zero fees and near-instant processing, making for a convenient account funding experience.
  • There’s a great range of trading tools available to bolster the trading environment, notably VPS hosting, calculators, live signals and an economic calendar.
  • NordFX has bolstered its charting tools for advanced traders, adding MT5 to its existing MT4 integration, with faster, multi-threaded processing.
  • Strong automated trading support with VPS access on MT4 offered free for Pro account holders and affordable access from $10 for other accounts
  • 60+ currency pairs is a great range that beats out many rivals and provides plenty of opportunity for forex traders
  • Quick, responsive customer support from knowledgeable staff who provide personalized responses during testing
  • AdroFx is trader-friendly with no limitations, meaning you can use scalping and other fast-paced strategies
  • MetaTrader 4 is available, catering to advanced traders with its extensive charting package
Cons
  • The lack of regulatory oversight is a significant concern as clients of NordFX may receive limited safeguards, notably no negative balance protection or segregated accounts.
  • With only around 100 instruments, NordFX’s market coverage is lacklustre at best, with a particularly poor selection of around 20 shares.
  • Although NordFX offers competitive pricing in its Zero accounts, it still trails the cheapest brokers like IC Markets, while the Pro accounts feature industry-high spreads from 10 pips.
  • Expensive withdrawals for most payment methods, including a 1.9% charge on cards, which can be avoided at most top trading brokers
  • Low trust score with weak regulatory oversight and short track record compared to established trading brokers like IG
  • Only 100+ instruments are available, with a particularly weak stock and crypto offering, leaving little scope for diversification and reducing the broker's suitability for experienced traders
  • Mediocre selection of research tools with limited insights into upcoming events that could help beginners identify opportunities, especially compared to alternatives like eToro
Awards
  • Best Social Trading Network 2021 - Forex Awards
  • Best Affiliate Program 2021 - Forex Awards
  • Best Customer Support 2021 - Forex Traders Association
  • The Most Transparent Broker 2021 - World Forex Award
  • Best STP/ECN Broker 2022 - Forex Awards
  • Most Innovative Broker 2022 - Forex Awards
  • Fastest Growing Forex Broker Europe 2022 - International Business Magazine
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Forex, CFDs, indices, commodities, cryptos, stocks Forex, CFDs, Indices, Shares, Metals, Cryptos
Bonus
100% Deposit Bonus up to $10,000
Demo Account
Yes Yes
Minimum Deposit
$10 $25
Payment Methods
Minimum Trade
$1 0.0001 Lots
Regulator
VFSC, FSA, BSSLA
Mobile Apps
iOS & Android iOS &; Android
iOS App Rating
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4.8
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Android App Rating
rating empty
rating full
4.4
rating empty
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
No No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
You can copy the trades of experienced investors using real-time signals. You only pay a fee on winning trades, starting from 10%. New subscribers can also get started with a competitive $100 minimum deposit. You can use the broker's Allpips platform to copy the trades of experienced investors. Thousands of traders have joined the community and new users can get started with a $100 deposit. That said, it doesn't rival category leaders like eToro with its highly active social trading network.
Social Trading
Yes Yes
Trade Signals
Yes (via MetaQuotes Software Corp - MT4) Smart Signals
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5
Islamic Account
No Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
Commodities
  • Oil
  • Silver
  • Gold
  • Gold
  • Silver
CFD
CFDs are available on forex, stocks, indices, metals, oil and cryptos, with support on MT4 and MT5. Execution speeds are also decent, averaging 0.5 seconds, though there is also a VPS service facilitating 24/7 connectivity for algo strategies. 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.
Leverage
1:1000 1:500
FTSE Spread
- From 9.0
GBPUSD Spread<
0.1 From 0.5
Oil Spread
0.0 N/A
Stocks Spread
0.0 From 3.0
Forex
NordFX offers a modest range of 30+ major and minor forex pairs. Disappointingly, there are no exotic pairs, though traders do benefit from tight spreads from 0.0 pips and low commissions from 0.0035% per side. It also provides insightful weekly forecasts covering key forex assets like EUR/USD. 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, traders have access to MetaTrader 4, which was built for forex trading and offers excellent support for technical analysis and algo trading.
Assets
30+ 60+
GBPUSD Spread
0.4 From 0.5
EURUSD Spread
0.0 From 0.4
EURGBP Spread
0.2 From 1.5
Cryptocurrency
NordFX offers 13 leveraged cryptocurrency CFDs paired with USD, including BTC, DOGE, LINK and ETH. The selection is small, although high leverage up to 1:1000 is available and there’s also a crypto base currency savings account with daily interest payouts. 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.
Spread
From 1.0 From 3.0
Coins
  • BTC
  • ETH
  • DSH
  • BAB
  • BSV
  • XRP
  • ZEC
  • EOS
  • ETC
  • LTC
  • OMG
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
NordFX AdroFX
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