Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
AdroFX presents itself as a “global multi-asset broker,” but behind the sleek branding lies a network of fake licenses, withdrawal failures, and unresolved customer complaints.
Our deep dive at ScamBrokersReview.com reveals that AdroFX is an offshore broker operating without regulatory oversight, posing severe financial risks to traders.
AdroFX is operated by Adro M Group LLC, registered in St. Vincent and the Grenadines, and allegedly linked to a shell company in Vanuatu.
However, official records show no valid license under VFSC or any Tier-1 regulator.
This means AdroFX has no legal right to offer forex trading services in regulated jurisdictions such as the UK, EU, Australia, or Indonesia.
The company relies on misleading marketing to claim it is “authorized” — a red flag commonly used by offshore fraud brokers.
Traders also report being asked to pay a “verification tax” before withdrawal — a hallmark of online broker scams.
Common issues reported by clients:
One trader on Forex Peace Army wrote:
“After two months of trading profitably, they disabled my account and demanded $800 for tax verification before releasing funds.”
Being registered in SVG or Vanuatu means:
If AdroFX disappears tomorrow, clients have no legal recourse — a risk all offshore brokers share.
Feature | Regulated Brokers (FCA/ASIC) | AdroFX |
---|---|---|
Licensing | FCA, ASIC, CySEC | None |
Fund Segregation | Yes | No |
Withdrawal Time | 1–3 days | Often delayed or denied |
Oversight | High | None |
Transparency | Publicly audited | Hidden structure |
AdroFX’s offshore structure, fake licensing, and alarming customer reviews clearly expose it as an unregulated, high-risk broker.
Traders should avoid depositing any funds here and instead use platforms under strict supervision such as FCA, ASIC, or CySEC.
Verdict: AdroFX is an unlicensed offshore broker showing classic scam behavior.