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Updated: Jan 20, 2020
TopFX Ltd
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Fondex is a forex broker. Fondex offers the cTrader forex trading top platform. offers over 65 forex currency pairs, indices, shares, energies, cfds, ETFs, gold and silver for your personal investment and trading options.

Broker Details

Minimum Trade Size:0.01
Maximum Leverage:30:1
Minimum to Open Live:$250
Address:3rd Floor, Stratigou Gianni Timagia 19, Limassol, 3107, Cyprus, +35725028079
Regional offices:
Regulators: CySEC #138/11
Prohibited countries:
Trading platforms:cTrader
Web Trading: Yes
Mobile Trading: Yes
ECN: Yes
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
Deposit Methods:Bank Wire, VISA, MasterCard, JCB, Maestro, Neteller, Skrill
Withdrawal Methods:Bank Wire, VISA, MasterCard, JCB, Maestro, Neteller, Skrill

Live discussion

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Go to forums profile provided by Fondex, Dec 9, 2019

Fondex is an award-winning, online CFD broker, established in 2017. With more than 1,000 instruments across 7 asset classes, Fondex allows investors to create a well-diversified trading portfolio. By trading on Fondex cTrader, traders benefit from a selection of technical analysis tools and insights from Trading Central, in order to optimise their strategies and make informed trading decisions. The platform also offers the opportunity to trade in three different ways, making it ideal for both experienced traders and beginners.
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, VAT 10274180P in accordance with the Markets in Financial Instruments Directive (MiFID II).


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Consumer Reviews

Chisinau, Moldova, Republic of,
Jan 17, 2020,

Only two methods to deposit, and one of it dsnt work...
Technical support unresponsive , it takes them forever to answer you.
Athens, Greece,
Sep 12, 2018,

120 seconds... Why not 300-500, minutes, hours, everything you want!

'' “Scalping” means the opening and closing of a position within seconds. We have a 120 seconds minimum time interval between opening and closing trades.''
Terms of Business Vs 4 August 2018, page 6

Enough with all these ''regulated'' (CySEC) market makers (TopFX), ridiculous bucket shop!
Reply by Fondex submitted Oct 8, 2018:
Hi Takis,

Thank you for taking the time to leave a review. We allow scalping above 120 seconds, as per our T&Cs, however we still have an obligation to ensure we do not facilitate market abuse.

If you'd like to chat with us, please do reach out directly.