Fondex Press Releases

Fondex

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Fondex proudly announces the launch of an exclusive Suite of indicators and cBots

Multi-award winning and regulated online CFD broker, Fondex, has come to raise the standards in trading and re-establish the term as we used to know it, by introducing the newest addition to its cutting edge trading tools, the Fondex cTrader Suite.

Created by the multi-talented prop trader, Fabio La Rosa, also renowned for exploring Harmonic trading, Fibonacci and Gann charts, the Fondex cTrader Suite is a package of 70 indicators, ranging from trend and time ones, to others showing volume and volatility. In combination with the indicators, the Suite also comes with 22 pre-configured cBots, designed to facilitate the traders’ position management activities.

The Fondex cTrader Suite has been designed by traders for traders, making it the most comprehensive package to be used in conjunction with each individual’s analysis in order to proceed in making better-informed trading decisions. Each indicator has been carefully created and chosen to be part of the Suite, and the combination of them all provides traders with an all-inclusive package to support their technical analysis. The Suite is exclusive to Fondex clients and can be easily installed with the help of the broker’s Support team.

“We are so privileged to have partnered with Fabio and be able to offer the Fondex cTrader Suite to our clients. We are also honoured to be the only broker globally to offer this specific set of indicators and trading robots. Since the early stages of its creation, we were convinced of the value this Suite will bring to our traders. All these indicators are a trader’s dream and the fact that they are included in one package, makes the Fondex cTrader Suite a product of such high value for all our clients” said Mr. Alex Sologubov, COO of Fondex.


For more information, please visit https://fondex.com/
 
Fondex announces newest addition to its account funding methods

Multi-award winning and regulated online CFD broker, Fondex, is proud to announce the addition of Paypal in its available account funding methods. This current payment integration has come to enhance the broker’s efforts in streamlining the deposit and withdrawal process for its customers.

Always keeping up with competitors’ most recent developments, Fondex is striving to constantly stay at the top of the league. In such a competitive industry, choosing the right broker is not as easy as it may sound. Traders spend a long time researching and comparing all available brokers, tending to prefer the ones that offer superior services, including trusted payment methods. With its strong reputation, 30-year heritage, and serving over 100 countries to date, Paypal has become one of the leading e-wallets in the FX and online CFDs industry, allowing traders to securely transfer funds from their bank accounts to their trading account.

“At Fondex, we strive to offer our customers with the best of everything - from the lowest raw spreads to the easiest account application and funding process. Paypal is by far one of the world’s easiest and most used payment methods. So it wouldn’t make more sense other than to welcome Paypal to our growing list of funding methods and we couldn’t be more delighted to finally be able to offer it to our clients”, said Mr. Alex Sologubov, COO of Fondex.

Along with Paypal, Fondex also offers its clients the option to deposit and withdraw funds using all major credit and debit cards, the famous Skrill and Neteller e-wallets, as well as the more traditional but trusted Bank Wire Transfer.

For more information, please visit https://fondex.com/
 
Fondex continues business as usual and announces swap-free trading conditions on indices to assist long-term investors

In light of the current outbreak of the coronavirus disease 2019 (COVID-19), and given the markets’ high volatility over this challenging period, Fondex reassures its clients that they can continue to trade under the same conditions experienced so far, without any limitations or amendments.

Moreover, with major global equity indices having dropped by over 30% in the last 3 weeks, and given that a considerable number of investors may turn to long-term investment opportunities, the broker has decided to offer swap-free accounts to all its clients with long-term strategies on indices. This measure will cut overnight fees on indices, and improve long term strategy results, while also allowing trading with some of the most competitive spreads and commissions in the industry.

At Fondex, all clients can now claim swap-free accounts and enjoy the following benefits:
  • Unlimited time for running open positions with no overnight fees in equity indices
  • Long and short positions allowed
  • Some of the best spreads and lowest commission charges in the industry
Fondex would also like to inform all its clients and partners that the company follows all the recommendations set by the Government, ESMA and its regulator, CySEC. Therefore, putting its business continuity plans in action, the broker ensures normal operations across all departments, maintaining the same standard of services provided.

Specifically, in an effort to protect all different parties involved in its operations, the majority of the broker’s teams continue to work remotely and offer all its clients 24/5 support, while the offices are staffed with the minimum required number of employees, eliminating the chances for any potential disruptions.

Finally, Fondex’s contingency plans ensure that all clients’ accounts and funds are secure, continuing to abide by CySEC and ESMA's strict regulatory framework, while also following their strong principles of transparency and security.

About Fondex:
Fondex is a trade name of TopFX Ltd, which is registered as a Cyprus Investment Firm (CIF) and licensed by the Cyprus Securities and Exchange Commission (CySEC) under licence number 138/11. With more than 1000 instruments across 7 asset classes, Fondex allows investors to create a well-diversified trading portfolio. Fondex cTrader offers the opportunity to trade in four different ways - manually, copying other traders’ strategies, using cBots and following signals from Trading Central and Autochartist - making it the ideal platform for both experienced traders and beginners. Spreads start from 0.0 pips and Fondex charges the lowest cTrader commissions globally on Forex, Energies and Precious Metals. Additionally, Fondex secures its clients’ funds by keeping them in Tier-1 segregated accounts, while also offering them Negative Balance Protection.
For more information, please visit https://fondex.com/.
 
Amidst the coronavirus outbreak... Where do we start really? Our days are filled with breaking news on how many people have been affected by the virus, how many businesses have shut, what measures have been taken by each government to eliminate the virus' spread and so on and so forth. Indeed, the coronavirus is a pandemic. Following a domino effect, the world's economy is also being affected. Every sector imaginable.

So, as they say, "desperate times call for desperate measures", hence why all governing bodies across the globe are reacting to the matter timely enough to control a more negative outcome. Only recently did the NYSE close its trading floor and shifted to all-electronic trading, in order to protect the health and general wellbeing of employees and the floor community.

At Fondex, following ESMA's and CySEC recent recommendations, we have also dusted off our contingency and business continuity plans, and we are working from home. Although it was a bit of a transition, we quite like it now! One thing that has remained the same though, is the service and support provided to our clients. And this should be among every broker's priorities. Since psychology plays a very important role in trading, knowing that your broker is standing by you during these times should definitely boost traders' morale.

How is traders' psychology getting affected by all this though? We see the majority of investors in panic mode, selling off their portfolios to avoid prices dropping even further, and analysts constantly urging them to assess the situation with a clear mind and trade wisely. But don't forget that all this has happened before; looking back at different world epidemics over the past years, every one of them was followed by a dive in the markets, which steadily recovered some months after the events' peak.

Looking back in 2003, during the SARS outbreak and its 38-day peak, with a fatality rate of about 10%, US 500 dropped a staggering 12.8%. Just 6 months in, the index gained 14.59% and, in 12 months, it was up 20.76%. Similarly, the Swine flu (H1N1) in 2009 led to a global market drop of almost 5%, followed by a 20% rise just 3 months after its peak. Finally, the Ebola outbreak in 2014 caused another market drop of almost 5% and, 3 months later, it ended up with a rise of nearly 10%.

Numbers speak for themselves. That's probably why analysts advise traders to hold their positions, avoiding getting carried away with the fear that surrounds the market. Remember that, based on your strategy, long-term trading may be the way to go. And practically speaking, looking into our current situation with the COVID-19, as the virus spread in China is gradually stabilizing, Chinese markets have begun to outperform global ones in most instances.

For the time being, at the stage we are at, it looks like panic is more contagious than the coronavirus itself. Brace yourselves, assess twice and react wisely. History has shown that economies reach a good low before skyrocketing again. So stay at home, be safe, and don't forget to wash your hands!


Written by: Fondex team
For more information: www.fondex.com
 
Fondex releases Active Trader Spreads chart

In a continuous effort to be transparent with their clients and stick to one of their key values, Fondex has recently released a new section on their website, showcasing real-time active trader spreads.

In a dedicated Execution Transparency page on the Fondex website, traders will be able to find an easy-to-understand graphical representation of the broker’s historical spreads, based on the most popular markets traded on Fondex cTrader.

By simply selecting their preferred instrument from the Popular Markets drop-down list, along with the time period from the chart’s period bar, users will be able to view a chart fit to their parameters. The spikes on the graph represent the spread values for a selected instrument, on a 15-minute weighted average time frame. A shorter or longer time frame can also be adjusted, by moving the bars on the time period axis.

“This recent introduction to our website has come to prove that Fondex stands by their core values, one of them being transparency. We always aim to be crystal clear towards our existing and potential clients, never hiding any parts of our business. This chart will help traders see for themselves that Fondex is indeed offering them with some of the lowest spreads in the market, making it a very competitive player in the online CFD trading field”, commented Mr. Alex Sologubov, COO of Fondex.


About Fondex:
Fondex is a trade name of TopFX Ltd, which is registered as a Cyprus Investment Firm (CIF) and licensed by the Cyprus Securities and Exchange Commission (CySEC) under licence number 138/11. With more than 1000 instruments across 7 asset classes, Fondex allows investors to create a well-diversified trading portfolio. Fondex cTrader offers the opportunity to trade in four different ways - manually, copying other traders’ strategies, using cBots and following signals from Trading Central and Autochartist - making it the ideal platform for both experienced traders and beginners. Spreads start from 0.0 pips and Fondex charges the lowest cTrader commissions globally on Forex, Energies and Precious Metals. Additionally, Fondex secures its clients’ funds by keeping them in Tier-1 segregated accounts, while also offering them Negative Balance Protection. For more information, please visit https://fondex.com/.

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
 
Fondex continues to keep the same competitive conditions for Oil trading

With oil having plunged into negative territory over the past few days, things seem to be uncertain, making the market more volatile than ever. Many brokers have adjusted their trading conditions and charges, with Liquidity Providers setting some pressure by rising spreads.

In such a turbulent market, Fondex continues to keep the same competitive conditions for trading oil, with no changes in the leverage and commissions they are charging their clients, with the latter continuing to be the lowest among cTrader brokers globally.

“We are very happy to be able to offer our clients the same conditions in trading Oil as before. All this uncertainty has indeed tested the market over the past weeks and we, as brokers, are very curious to see where all this will take us. One thing we know for sure is that we always aim to provide our clients with the most competitive trading conditions, and we come to prove it once again during this current situation with the Oil prices”, commented Mr. Alex Sologubov, COO of Fondex.

About Fondex:
Fondex is a trade name of TopFX Ltd, which is registered as a Cyprus Investment Firm (CIF) and licensed by the Cyprus Securities and Exchange Commission (CySEC) under licence number 138/11. With more than 1000 instruments across 7 asset classes, Fondex allows investors to create a well-diversified trading portfolio. Fondex cTrader offers the opportunity to trade in four different ways - manually, copying other traders’ strategies, using cBots and following signals from Trading Central and Autochartist - making it the ideal platform for both experienced traders and beginners. Spreads start from 0.0 pips and Fondex charges the lowest cTrader commissions globally on Forex, Energies and Precious Metals. Additionally, Fondex secures its clients’ funds by keeping them in Tier-1 segregated accounts, while also offering them Negative Balance Protection. For more information, please visit https://fondex.com/.

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
 
Multi-award winning Forex and CFD broker, Fondex, announces the opening of a new entity, Fondex Limited, along with the acquisition of a new license by the Seychelles Financial Services Authority (FSA SC).

Established in 2017, and acquiring its CySEC license in order to provide online trading services in the EU, Fondex has constantly been looking for new ways to expand its business. With this new license, the broker is expanding its product and services offering to clients outside Europe, keeping the same high standards, while also continuing to abide by its solid foundation of transparency.

“The acquisition of this prestigious license is a very important step towards our global expansion. The decision of Seychelles was based on two very important factors - regulation and banking - in order to ensure that our clients will get the same level of services and security on their accounts. Our FSA license is surrounded by a strict regulatory framework, making it also trusted by Tier-1 banks. We are now more ready than ever to offer our services worldwide and provide our clients with an extensive range of trading instruments, the multi-award winning cTrader, along with some of the most competitive trading conditions in the market.” said Mr Alexander Sologubov, COO of Fondex.

The Seychelles Financial Services Authority (FSA) is the regulator for non-bank financial services in Seychelles. Established under the Financial Services Authority Act, 2013, the Authority is responsible for the licensing, supervision and development of the non-bank financial services industry of Seychelles.

About Fondex:
Fondex is an award-winning multi-asset brokerage, offering CFD trading on 1000+ instruments across Forex, Shares, Indices, Precious Metals, Energies, ETFs, and Cryptocurrencies. Fondex cTrader offers the opportunity to trade in four different ways - manually, copying other traders’ strategies, using cBots and following signals from Trading Central and Autochartist - making it the ideal platform for both experienced traders and beginners. Spreads start from 0.0 pips and Fondex charges the lowest cTrader commissions globally on Forex, Energies and Precious Metals. Additionally, Fondex secures its clients’ funds by keeping them in Tier-1 segregated accounts, while also offering them Negative Balance Protection.
Fondex is headquartered in Cyprus and has a dual regulatory listing, both through the Cyprus Securities and Exchange Commission (CySEC), as well as through the Financial Services Authority (FSA) of Seychelles.
Fondex™ is a tradename of TopFX Ltd with registration number HE 274180, which is registered as a Cyprus Investment Firm (CIF) and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 138/11.
Fondex Limited with registration number 8424819-1 is a company registered under the Laws of Seychelles and is licensed by the Financial Services Authority (FSA) of Seychelles with a Securities Dealer License No: SD037.

For more information, please visit https://fondex.com/.

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
 
Trading at this point in time is highly uncertain due to the market being volatile. It requires much attention and discipline. But yes, trading is the most productive thing for utilizing time.
 
Seychelles, 6 July 2020 - Fondex, the multi-award winning and regulated online CFD broker, proudly announces further expansion of its available account funding methods, with the addition of B2BinPay.

B2BinPay is one of the leading cryptocurrency payment providers supporting crypto/crypto and crypto/fiat payments. Fondex clients who choose this deposit method will be able to send funds in BTC, ETH, LTC, XRP and BCH, which will be converted to EUR or USD and will finally be allocated to their respective trading accounts.

“We promised our clients that we will constantly be improving our offering while listening to their feedback and we are proud to say that, so far, we have succeeded in doing so. Our clients asked for more payment methods and we have now added B2BinPay, which they can use in order to fund their accounts via their crypto wallets and withdraw their profits. Simple, secure and straight-forward, that’s how we want our services to be”, said Mr Alex Sologubov, CEO of Fondex.

Along with B2BinPay, Fondex also offers its clients the option to deposit and withdraw funds using all major credit and debit cards, the more traditional but trusted Bank Wire Transfer, as well as WebMoney.

About Fondex:
Fondex is an award-winning multi-asset brokerage, offering CFD trading on 1000+ instruments across Forex, Shares, Indices, Precious Metals, Energies, ETFs, and Cryptocurrencies. Fondex cTrader offers the opportunity to trade in four different ways - manually, copying other traders’ strategies, using cBots and following signals from Trading Central and Autochartist - making it the ideal platform for both experienced traders and beginners. Spreads start from 0.0 pips and Fondex charges the lowest cTrader commissions globally on Forex, Energies and Precious Metals. Additionally, Fondex secures its clients’ funds by keeping them in Tier-1 segregated accounts, while also offering them Negative Balance Protection.
Fondex is headquartered in Cyprus and has a dual regulatory listing, both through the Cyprus Securities and Exchange Commission (CySEC), as well as through the Financial Services Authority (FSA) of Seychelles.
Fondex Limited with registration number 8424819-1 is a company registered under the Laws of Seychelles and is licensed by the Financial Services Authority (FSA) of Seychelles with a Securities Dealer License No: SD037.
Fondex™ is a tradename of TopFX Ltd with registration number HE 274180, which is registered as a Cyprus Investment Firm (CIF) and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 138/11.

For more information, please visit https://fondex.com/.

Risk warning: Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.
 
We are pleased to announce that Fondex has been recognized as the “Best cTrader Broker Cyprus 2020” by the reputable International Business Magazine Awards body.

Developed with the purpose of acknowledging achievement and contribution to the global Business and Finance industry, International Business Magazine carefully selects and evaluates candidates that have made their mark in growing and developing the financial sector.

We at Fondex would hereby like to thank all of you for constituting a part of our ever-growing community and entrusting us to be the service provider on your journey through the world of Forex. With 1,000+ instruments across 6 asset classes, robust risk management, multiple trading modes and charting features, as well as 100% platform transparency, we have rightfully reached the status of global recognition, and only intend to improve further and do better by our customers every day.

Risk warning: 80.69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
 
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