Broker Details
Minimum Trade Size: | 0.01 |
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Maximum Leverage: | 500:1 |
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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, Jul 28, 2020
Fondex is a forex broker. Fondex offers the cTrader forex trading top platform. Fondex.com offers over 80 forex currency pairs, indices, shares, energies, cfds, ETFs, gold, silver, bitcoin and other cryptocurrencies for your personal investment and trading options.
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Traders Reviews
Switched to this brokerage
Service use: Live
Length of use: 3-6 Months
The most importantly - I'm scalper and Fondex has no restrictions for scalpers at all, so that's one of the best choices for me.
But my satisfaction isn't about scalping only. There are a lot of things I'm satisfied with: order execution, spreads, number of assets and many other. But the scalping allowed is the point that trully distinguishes Fondex from its competitors.
I feel comfortable with this broker
Service use: Live
Length of use: 0-3 Months
Fortunately, Fondex didn’t do that. I tested this broker for three months and after this I can say that it’s very trader-friendly. Nothing snags in my trading and I enter the market at the desired price without requotes. Besides this, I didn’t have any withdrawal issues with this broker.
They offer suitable solutions
Service use: Live
Length of use: 6-12 Months
It comes with an alternative layout, which ensures greater user-friendliness. The platform supports more technical indicators than MTs and also offer more timeframes. With more timeframes, you can see a more detailed picture of the market. Respectively, it raises the quality of your trading decisions.
As for the broker itself, they have narrow spreads and small commissions, which I appreciate a lot , as well as many of my colleagues do.
Fondex turned out to be more generous than I thought
Service use: Live
Length of use: over 1 Year
I switched to Fondex because of the cTrader platform and very low spreads and commissions. For me, the $4 commission per round is just excellent condition. I wish I had come to this company sooner.
best cTrader trading conditions
Service use: Live
Length of use: 6-12 Months
For major currencies spreads are around 1 pips, for minors they're around 1.5 pips. That's comparable to spreads offered by MT4 brokers, sometimes even lower. By the way, you can check spreads on their website, company provides info about spreads without signing up.
Everything looks decent.
Service use: Live
Length of use: over 1 Year
But it turned out that here you can use bitcoin wallet when depositing or withdrawing funds - and this is beneficial for those who decided to work with cryptocurrencies, so you did everything right, thank you. This is very popular with regular customers.
High-grade platform and excellent trading conditions
Service use: Live
Length of use: 6-12 Months
Small fees and spreads
Service use: Live
Length of use: 3-6 Months
It's the company with 10 times lower spreads, small fees, and a convenient platform. That's why I'm pleased with it.
Some advantages
Service use: Live
Length of use: 6-12 Months
Of course, this brokerage has some advantages, I can't say that I see any disadvantages, but there are much more advantages.
I don't think cTrader platform is advantage or disadvantage, that's just another platform and you will need some time to adjust to it.
However, Fondex offers really tight fees, that's significant advantage. Only $2.5 per $100k of traded volume. Feels nice
But if you want education - there's no serious one. Company keeps promising to introduce more educational opportunities, but they haven't been introduced yet.
Overall, brokerage looks nice. It's regulated, with tight spreads and a lot of assets, but without regulation and with unusual trading platform.
Service use: Live
Length of use: 0-3 Months
At that time, there was a trend in Bitcoin. And my broker's spreads on this asset were unreal. So I decided to switch to Fondex. Because the spreads there were several times tighter.
I'm satisfied with my decision. Moreover, there turned out to be many worthwhile assets on the platform apart from Bitcoin.