Broker Details
| Minimum Trade Size: | 0.01 |
|---|
| Maximum Leverage: | 30:1 |
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| Minimum to Open Live: | $0 |
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| Established: | 2017 |
| Address: | 3rd Floor, Stratigou Gianni Timagia 19, Limassol, 3107, Cyprus |
| Contact: | support@fondex.com, +35725028079 |
| Regional offices: | |
| Regulators: | CySEC #138/11, FSA-S #8424819-1 |
| Prohibited countries: |
| Trading platforms: | cTrader |
| Web Trading: | Yes |
| Mobile Trading: | Yes |
| Currencies: | (80+) |
| Cryptocurrencies: | (10+) Bitcoin, Litecoin, Ethereum |
| CFD: | (1000+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities |
| EAs/Robots: | Yes |
| News Spike Trading: | Yes |
| Scalping: | Yes |
| CopyTrading: | Yes |
| Deposit Methods: | Bank Wire, VISA, MasterCard, Giropay, Maestro, Multibanco, Neosurf, Neteller, PayPal, PaySafe Card, Poli, Przelewy24, Qiwi, Skrill, SOFORT, WebMoney, Yandex Money |
| Withdrawal Methods: | Bank Wire, VISA, MasterCard, Giropay, Maestro, Multibanco, Neosurf, Neteller, PayPal, PaySafe Card, Poli, Przelewy24, Qiwi, Skrill, SOFORT, WebMoney, Yandex Money |
Fondex.com profile provided by Fondex, May 26, 2020
Fondex is a multi-award winning online CFD broker, offering more than 1000 instruments across 7 asset classes, allowing their 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/.
Regulation & Licensing:
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.
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Traders Reviews
Fast order execution, tight spreads
Service use: Live
Length of use: 6-12 Months
1. Allowed scalping, that's just one reason why trading with this broker is good. Most traders set some limits for scalpers or simply prohibit it.
2. CySEC regulation. I trust only regulated brokers
3. Tight spreads, especially for brokers that trade most popular assets
4. Paypal withdrawal option for the EU customers
5. Fast withdrawals
I can review this broker very high.
The important thing is to understand your goals.
Service use: Live
Length of use: 0-3 Months
Automated trading available
Service use: Live
Length of use: 0-3 Months
Perfect for cTraders
Service use: Live
Length of use: 6-12 Months
Its nice they've got enough trading assets. For daytrading I don't use many of them, just the most liquid currency pairs. Yet, when I see the retracement in the indices, its nice I have a chance to do small long-term investments as well without loosing much on spread. There is a zero commission for indices here, which makes the offer even more fascinating.
So the overall verdict is - nice regulated brokerage with affordable spreads and commissions.
Good choice for cTrader users!
Trading gives you the freedom you need
Service use: Live
Length of use: over 1 Year
In fact, it turned out to be very convenient, especially if the company, as here, managed to organize the passive format in such a way that it was as safe as possible and you could not worry about your money. I often work here myself, I am glad that the trading fees are not taking away a large part of profits. Sometimes I follow the best traders from the company rating. And it also brings good results, although sometimes there are those days when the profit is small, but the main thing is that it is quite regular.
Bitcoin withdrawals available
Service use: Live
Length of use: 6-12 Months
Scalping allowed
Service use: Live
Length of use: 6-12 Months
Unfortunately, many good brokers do not allow scalping and can even block you. It's a good thing that Fondex doesn't go that way and allows scalping.
And that's a significant advantage.
They are scammers !!
Service use: Live
Length of use: Have not used
I sent 15 eur to open the account, that never gave me back, after their promises of investing what they did with that small money. What a baseness !! "just for 15 eur"
We are very sorry to hear that you had a bad experience with Fondex. Having had a look into your account history and as per our Support team's email sent to you, in order for your deposit to go through, we are required by our Regulators to have an updated Proof of Residence issued within 6 months.
Since you informed us that you are not able to provide us with this document for the time being, we have requested from the bank to return the 15 EUR to your bank account. We will contact you via email with the bank's swift copy as soon as we have it, so that you can trace the funds.
Last, as a goodwill gesture for this inconvenience, we have credited 15 EUR in your trading account. We hope you are satisfied with the way your situation was handled and wish to see you trading on Fondex cTrader in the near future.
Best regards,
Fondex team
Try harder
Service use: Live
Length of use: 3-6 Months
Service use: Live
Length of use: over 1 Year
All this time I worked only here, because it seemed to me that the conditions here are quite good, and it is not worth looking for any alternatives. I am attracted here by the possibility to use automatic trading strategies, surprisingly scalping and hedging are allowed here, I think many traders will agree that this is quite rare.