AdroFX vs CloseOption

AdroFX or CloseOption – which is better for UK traders 2025? Compare AdroFX and CloseOption in this detailed breakdown of their platforms, features and fees.

AdroFX vs CloseOption Comparison Table 2025
AdroFX CloseOption
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2.9
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3.8
AdroFX is ranked #54 among CFD brokers. CloseOption is ranked #4 among binary options brokers.
Review
Review
AdroFx, an offshore ECN/STP brokerage, has been providing CFD trading services since 2018. It offers over 100 assets for trading on the widely-used MetaTrader 4 platform and also on the Allpips web trader. There are eight live account options available, with no limitations on trading strategies. CloseOption, based in Georgia, has over ten years of experience in the trading sector. The firm provides high/low binary options on forex and cryptocurrency markets, offering competitive payouts. Clients benefit from welcome bonuses, round-the-clock customer support, and user-friendly trading platforms.
Pros
  • Pro account holders receive complimentary VPS access to enhance automated trading on MT4, while other traders can obtain it starting at an affordable rate of £10.
  • With over 60 currency pairs available, this extensive range surpasses many competitors, offering ample opportunities for forex traders.
  • Efficient and knowledgeable customer support delivers tailored responses swiftly during testing.
  • AdroFx caters to traders by offering flexibility, allowing the use of scalping and other swift strategies without restrictions.
  • MetaTrader 4 is accessible, designed for experienced traders, offering a comprehensive charting suite.
  • New traders can begin with just a £5 minimum deposit.
  • CloseOption hosts weekly trading competitions, awarding cash prizes to traders.
  • The intuitive platform works seamlessly with nearly all web browsers.
  • Various international payment options are accessible.
  • Free practice account
Cons
  • Most payment methods incur hefty withdrawal fees, such as a 1.9% charge on card transactions. However, this cost is typically avoidable with leading trading brokers.
  • The firm has a low trust rating due to limited regulatory oversight and a brief track record, especially when compared to established brokers like IG.
  • With just over 100 instruments, the selection is limited, especially in stocks and cryptocurrencies. This narrow range restricts diversification, making the platform less appealing to seasoned traders.
  • The research tools provided are quite basic and offer limited insights into future events that could assist new traders in spotting opportunities. This is particularly evident when compared to more robust platforms such as eToro.
  • Clients must deposit over $50,000 to be eligible for the highest returns.
  • CloseOption lacks regulation by a reputable financial authority.
  • Binary options are exclusively offered for both traditional currencies and cryptocurrencies.
Awards
  • 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, Shares, Metals, Cryptos Binary Options on Forex & Cryptos
Bonus
100% Deposit Bonus up to $10,000
Demo Account
Yes Yes
Minimum Deposit
$25 $5
Payment Methods
Minimum Trade
0.0001 Lots $1
Regulator
VFSC, FSA, BSSLA National Bank of Georgia
Mobile Apps
iOS &; Android iOS & Android
Trading App

CloseOption’s TradeRoom stands out as a fantastic option for beginners, with its streamlined design minimizing the learning curve. It’s super easy to place short-term trades from 5 seconds with basic charting tools at your disposal. Tutorials and frequent updates with video demonstrations also enhance the experience, while weekly contests are available to skilled traders on the go.
iOS App Rating
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4.8
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3.7
Android App Rating
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4.6
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3.5
Margin Trading
Yes No
MetaTrader 4
Yes No
MetaTrader 5
No 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
Yes No
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
You can utilise the broker's Allpips platform to replicate trades from seasoned investors. Many traders have become part of this community, and novices can begin with a deposit of just $100. However, it falls short compared to industry leaders like eToro, which boasts a highly dynamic social trading network.
Social Trading
Yes No
Trade Signals
Smart Signals
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5 0.5%
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
Commodities
  • Gold
  • Silver
CFD
AdroFx provides a wide range of approximately 100 CFDs, covering stocks, cryptocurrencies, indices, and commodities. The platform is particularly attractive due to its high leverage options of up to 1:500, a feature not commonly available in strictly regulated markets. Moreover, it offers a commission-free pricing structure suited for novices. With CFDs, traders have the flexibility to speculate on price movements in either direction using a single product.
Leverage
1:500
FTSE Spread
From 9.0
GBPUSD Spread<
From 0.5
Oil Spread
N/A
Stocks Spread
From 3.0
Forex
AdroFx excels with its robust offering of over 60 currency pairs, available for trading with leverage up to 1:500. The broker provides competitive spreads starting from 0.4 pips and does not charge commission. Traders benefit from MetaTrader 4, an optimal platform for forex that supports technical analysis and algorithmic strategies effectively. CloseOption provides binary options on over 25 forex pairs, covering major pairs like EUR/USD and some minors such as AUD/JPY. Currency-based payouts differ, with GBP/USD typically offering a reasonable return of 75%.
Assets
60+ 20+
GBPUSD Spread
From 0.5 No fee - payouts approx. 80% (Copper)
EURUSD Spread
From 0.4 No fee - payouts approx. 80% (Copper)
EURGBP Spread
From 1.5 No fee - payouts approx. 80% (Copper)
Cryptocurrency
AdroFx provides only four cryptocurrency CFDs, with a Bitcoin spread of about $59, notably above the industry norm. This makes it unsuitable for dedicated traders. The broker operates purely for derivatives trading, not as an exchange or wallet, so you cannot own the crypto assets directly. Traders at CloseOption can engage in trading high/low binary options with five key cryptocurrencies paired with USD. Due to the high market volatility of these digital assets, payouts reach 40%, offering a competitive edge against other platforms.
Spread
From 3.0 No fee - payouts approx. 40% (Copper)
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BTC
  • BCH
  • ETH
  • LTC
  • XBT
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
CloseOption provides binary options trading on over 30 fiat and digital currencies via a user-friendly online platform. With 15 contract durations ranging from 30 seconds to 1 month, it caters to both short-term and long-term traders. New users receive a welcome bonus.
Payout
95%
Expiration Times
30 seconds - 1 month
Boundary Options
No No
Ladder Options
No No
AdroFX CloseOption
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