Fondex

Operational Since:

2017

Country where domiciled:

Cyprus

International offices:

Headquarters:3rd Floor, Stratigou Gianni Timagia 19, Limassol 3107

Regulation:

YES - Fondex is a tradename 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.

Broker Status:

Independent broker -

Broker Type:

Market Maker+ECN/STP

US Clients Accepted:

Average Monthly Volume In USD:

Source To Prove Volume:

BROKER WEBSITE

Accounts

Mini Account:	NO	Minimum Deposit ($US):	-
Standard Account:	YES	Minimum Deposit ($US):	$0
ECN Account:	YES	Minimum Deposit ($US):	$0
VIP Account:	NO	Minimum Deposit ($US):	-
N/A:	YES	Minimum Deposit ($US):	N/A
N/A:	YES	Minimum Deposit ($US):	N/A
N/A:	YES	Minimum Deposit ($US):	N/A
Base account Currencies offered:	USD, EUR, GBP, JPY, CHF, AUD

Leverage

Maximum Leverage for Mini Account:	-
Maximum Leverage for a Standard account:	30/1
Maximum Leverage for an ECN account:	30/1
Maximum Leverage for a VIP account:	-
Maximum Leverage for N/A:	N/A
Maximum Leverage for N/A:	N/A
Maximum Leverage for N/A:	N/A

Lot Size

Minimal lot size for a Mini account:	-	Increments:	-
Minimal lot size for a Standard account:	0.01	Increments:	-
Minimal lot size for an ECN account:	0.01	Increments:	-
Minimal lot size for a VIP account:	-	Increments:	-
Minimal lot size for N/A:	N/A	Increments:	N/A
Minimal lot size for N/A:	N/A	Increments:	N/A
Minimal lot size for N/A:	N/A	Increments:	N/A

Payment Options

Deposit Options:	Bank Transfer, Bank Card (VISA, mastercard, maestro), Skrill, NETELLER, PayPal
Withdrawal Options:	Bank Transfer, Bank Card (VISA, mastercard, maestro), Skrill, NETELLER, PayPal

Products

Products for Mini Account:	---
Products for Standard Account:	FX, Metals, CFDs, Stocks, Futures and Options
Products For ECN Account:	FX, Metals, CFDs, Stocks, Futures and Options
Products For VIP Account:	---
Products for N/A:	---
Products for N/A:	---
Products for N/A:	---

Spread & Commission

Commission:	YES	Account:	All Accounts
Commission Fees:	$2.5 per side per $100k traded volume for Forex, Energies & Precious Metals \| $1 per side for 100 Shares & ETFs \| 0 Commissions for Indices
Spread type (Fixed,Variable):	Variable	Accounts:	All Accounts
Spread on EURUSD on a Mini account:	-
Spread on EURUSD on Standard account:	0.0 pips Minimum
Spread on EURUSD on ECN account:	0.0 pips Minimum
Spread on EURUSD on VIP account:	-
Spread on EURUSD on N/A:	N/A
Spread on EURUSD on N/A:	N/A
Spread on EURUSD on N/A:	N/A

VIP Benefits

Premium Trading Conditions For VIP Clients Both Retail And Institutional:	---
Premium Trading Conditions Offered:	-
Briefly describe main Advantages:	-

Trading Terms

News Trading:	---
Mirror/Social Trading:	YES	Mirror Trading Providers:	-
Scalping:	YES
Hedging:	YES
Expert Advisors:	YES
Trading platforms available:	Fondex cTrader Trade (Desktop/Browser/Tablet/Smartphone), Fondex cTrader Copy (Web), Fondex cTrader Automate (Desktop)
Trading platform's Time zone:	GMT
Decimal Pricing:	5 Digits
Execution:	Both - Market and Instant execution	Accounts:	-
Total Number Of Liquidity Providers:	-
ECN/STP Liquidity Provider:	-
ECN/STP Working With:	-
Trailing Stops:	YES
OCO Orders:	YES
One-Click Execution:	YES
Mobile Trading:	YES
Web-Based Trading:	YES
API Solutions:	YES
Currency Pairs Total:	80+	Exotic Pairs Included:	YES
Gold, Silver:	Both
Oil:	YES
CFD’s:	YES
MAM/ PAMM solutions For Fund Managers:	---
Managed Account Services For Investors:	NO
Swap-Free Accounts:	YES
- Available To Anyone:	---
- Islamic Clients:	---
- Restrictions Applied:	---
Segregated Accounts:	YES
Interest On Unused Margin:	NO
Bonuses Or Rewards:	NO
Trading Contests:	NO
Binary Options:	NO
Spread Betting:	NO
Trading On Bitcoin:	NO
Affiliate Program:	NO
Affiliate Programs Offered:	No Affiliate program offered
Conditions For Affiliates:	-
Awards won:	-

23 customer reviews

4.7 out of 5 stars

From 4 to 5

17
From 3 to 4

6
From 2 to 3

0
From 1 to 2

0
From 0 to 1

0

Platform - Performance, Usability

94%
Pricing - Spreads, Fees

94%
Features - API, News Service

94%
Support - Fund Options, Integrity

94%

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Adam Lis

Public Review

1 rating

Variable trading styles with one brokerage

3 months ago.

Broker Review - Overall

Fondex is a forex broker focusing on traders’ needs. Variable platforms with different trading tools and instruments allow traders to implement many approaches. The range of services and trading conditions are favorable for profitable methods including scalping, algorithmic trading and copy-trade features.

My question is what benefits can I get if I become a strategy provider in the copy-trade platform?

Broker Advantages

wide range of assets, strong support, tight spreads and low commissions, many platforms and trading methods

Broker Disadvantages

light regulation

Overall Trading Experience

4 years

Trading Experience with this Broker

1 year

Platform - Performance, Usability
100%
Pricing - Spreads, Fees
100%
Features - API, News Service
100%
Support - Fund Options, Integrity
100%

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Pletten Kap 2 months ago.

You will receive bonuses to your trading account if traders trade using your trading strategy.
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Joseph Iliopoulos

Public Review

3 ratings

A very good broker for cryptocurrency trading

3 days ago.

Broker Review - Overall

A distinctive feature of this brokerage company is that it offers a universal trading account and one platform cTrader.

Broker Advantages

Good floating spreads
No commission for indices and cryptos

Broker Disadvantages

Some may not like cTrader

Overall Trading Experience

I have been trading for two years. Earlier I traded currencies but then I was disappointed in them and decided to drift to cryptocurrency.

Trading Experience with this Broker

For a bit more than a month I can say that I like the broker. It ensures very favorable trading conditions for cryptocurrency - no commissions, dude!

Platform - Performance, Usability
80%
Pricing - Spreads, Fees
80%
Features - API, News Service
80%
Support - Fund Options, Integrity
80%

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Sep Heere

Public Review

3 ratings

Fondex review

12 days ago.

Broker Review - Overall

I believe Fondex is the broker that is shaping the future of CFD trading. I like the fact that it is comfortable to trade here and the support service can help when I have questions.

Broker Advantages

Trading platform cTrader; low spreads; there is no commission for cryptocurrency trading.

Broker Disadvantages

No MT4 or MT5 trading platform; no good training.

Overall Trading Experience

3 years

Trading Experience with this Broker

1 year

Platform - Performance, Usability
100%
Pricing - Spreads, Fees
100%
Features - API, News Service
100%
Support - Fund Options, Integrity
100%

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Ga jas

Public Review

2 ratings

My real Fondex reviews

21 days ago.

Broker Review - Overall

Trading with this broker is not very easy but very exciting. I love making money and the cool thing is that the Fondex broker withdraws money without delay.

Broker Advantages

Trading platform cTrader; low spreads and 0 commissions; a large number of assets and high leverage.

Broker Disadvantages

There are no other trading platforms.

Overall Trading Experience

2 years

Trading Experience with this Broker

2 years

Platform - Performance, Usability
100%
Pricing - Spreads, Fees
100%
Features - API, News Service
100%
Support - Fund Options, Integrity
100%

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Roger Lundberg

Public Review

1 rating

Quite good conditions

1 month ago

Broker Review - Overall

I found this broker pretty reliable and responsive.

Broker Advantages

The main advantages of this broker are: low spreads on some currency pairs and assets, the presence of copy trading platform, lack of restriction regarding the size of the deal.

Broker Disadvantages

As for disadvantages I can note that there is a restriction regarding withdrawal and deposit methods, thre are only two main methods, I find this a bit inconvenient for some traders.

Overall Trading Experience

I have for about 2 years of trading experience.

Trading Experience with this Broker

I've been trading with this broker for couple of months.

Platform - Performance, Usability
100%
Pricing - Spreads, Fees
100%
Features - API, News Service
100%
Support - Fund Options, Integrity
100%

0 of 0 people found the following review helpful

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