IMMFX vs AdroFX

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

IMMFX vs AdroFX Comparison Table 2024

IMMFX	AdroFX
2	2.9
IMMFX is ranked #97 among CFD brokers.	AdroFX is ranked #81 among CFD brokers.
Review	Review
IMMFX is an online CFD broker offering several asset classes including forex, stocks, and commodities. The broker offers STP accounts with no dealing desk intervention, leverage up to 1:500 and transparent pricing with spreads from 0 pips. The broker is regulated offshore in the Marshall Islands.	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
The 15+ commission-free deposit methods make it easy and cheap for global traders to deposit funds. I was able to access Western Union, Payeer, PayPal, crypto deposits and more Alongside the powerful MT5 desktop terminal and mobile app, I found that IMMFX offers daily technical analysis and signals on popular assets like WTI crude oil and EUR/USD I found a good selection of online educational content with integrated videos and courses for those looking to gain basic knowledge and advanced strategies I was fairly impressed by the broker's 24/7 customer support via email, phone and live chat, since many firms only offer 24/5 support I was pleased to find an MT4 demo account with real price conditions and a decent virtual sum of $100,000	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
It's unfortunate that IMMFX is regulated offshore with no guarantee of top-tier financial protection for clients I think the withdrawal fees are quite expensive for some payment methods including a 6% charge for credit/debit cards I find the broker's asset line-up is quite limited compared to top brands and not sufficient for experienced traders to build a diversified portfolio	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 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
CFDs, Forex, Stocks, Cryptos, Commodities	Forex, CFDs, Indices, Shares, Metals, Cryptos
Bonus
	100% Deposit Bonus up to $10,000
Demo Account
Yes	Yes
Minimum Deposit
$50	$25
Payment Methods
FasaPay MoneyGram Paysafecard Perfect Money STICPAY Western Union Wire Transfer	Credit Cards Debit Card Mastercard Neteller PayRedeem Perfect Money Skrill STICPAY Visa Wire Transfer
Minimum Trade
0.01 Lots	0.0001 Lots
Regulator
GLOFSA	VFSC, FSA, BSSLA
Mobile Apps
iOS & Android	iOS &; Android
iOS App Rating
Android App Rating
Margin Trading
Yes	Yes
Margin Rate
1% × Notional Value
MetaTrader 4
Yes	Yes
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	Yes
ECN Account
No	Yes
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	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
No	Yes
Copy Trading Platform
	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
No	Yes
Trade Signals
MT4	Smart Signals
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$5
Islamic Account
Yes	Yes
Account Currencies
USD	USD EUR GBP
Commodities
Gold Silver Oil	Gold Silver
CFD
I found a comparably small range of 200+ CFDs including forex, stocks, indices and crypto on the MT4 terminal. That said, I appreciated the low spreads from 0 pips, alongside 24/7 customer support.	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
1:200	1:500
FTSE Spread
Floating	From 9.0
GBPUSD Spread<
Floating	From 0.5
Oil Spread
Floating	N/A
Stocks Spread
Floating	From 3.0
Forex
I like that IMMFX offers a decent list of 60+ forex pairs with raw spreads and low latency execution. I found that you can trade with leverage up to 1:500 on major pairs with a minimum volume of 0.01 lots.	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
60+	60+
GBPUSD Spread
0.4	From 0.5
EURUSD Spread
0.1	From 0.4
EURGBP Spread
0.5	From 1.5
Cryptocurrency
I think IMMFX scores better when it comes to its crypto offering, with 30+ crypto/crypto and crypto/fiat pairs such as ETH/BTC, BTC/USD and DASH/USD. Cryptos can be traded 24/5 with a 20% margin on popular tokens.	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
Floating	From 3.0
Coins
BTC ETH LTC DASH XRP XMR EON ETO NEO ETP IOTA ZEC SAN EDO	BTC ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
IMMFX	AdroFX
Review	Review
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