Trading Experience
“Fondex provides a simple, yet feature-rich trading experience with access to more than 1,000+ tradable asset classes from just one trading account. From this account, users can trade and access copy trading services, view signals from Trading Central and automate trading strategies all from the award-winning cTrader platform for desktop, web and mobile.”
From our observations, Fondex provides a simple, yet feature-rich offering to trade on more than 1,000+ tradable asset classes including Forex, Indices, Metals, Energies, ETFs and Shares. While trading Indices is commission-free, other markets are commission-based but with very competitive rates and the ability to access raw spreads.
Both beginner and advanced traders will enjoy the vast amount of features available via trading with Fondex. This includes the ability to access trading signals from Trading Central, copy trading services and automated trading services. All this can be done from just one account and on the impressive and award-winning cTrader platform.
Having said that, the broker’s research and education tools are limited but what is there is more suited to beginner traders starting out.
FAQ
Is Fondex regulated?
Yes, by the Cyprus Securities and Exchange Commission (CySEC).
Where is Fondex based?
Fondex is based at Stratigou Gianni Timagia 19, 3d floor, 3107 Limassol, Cyprus.
How does Fondex make money?
Fondex makes money through spreads, swaps and commissions on certain tradable asset classes.
How do I deposit in Fondex account?
Funds can be deposited into a trading account through a wide variety of payment services such as bank wire transfer, Visa and Mastercard, Neteller and Skrill.
What is the min. deposit for Fondex?
The minimum deposit for Fondex is $250.
How do I withdraw money from Fondex?
Withdrawals can be made from Fondex via wire transfer, debit or credit card, Neteller or Skrill.
What is the max leverage in Fondex?
The maximum leverage offered by Fondex is 30:1 for clients categorised as ‘retail’.
How do I open an account with Fondex?
An account can be opened at the click of a button on the Fondex website and can be done in just a few steps.
Does Fondex use MetaTrader?
No, Fondex uses cTrader.
Conclusion
“Fondex provides an impressive trading offering with low-commissions on more than 1,000+ tradable asset classes covering Forex, Indices, Shares, Metals, Energies and ETFs, on the award-winning cTrader platform for desktop, web and mobile. The broker also offers advanced features such as signals from Trading Central and copy trading services.”
Fondex is an online Forex and CFD broker founded in 2017 and based in Limassol, Cyprus. Fondex is a brand name of TopFX Ltd which is a licenced Cyprus Investment Firm (CIF) and regulated by the Cyprus Securities and Exchange Commission, offering segregated client funds and a negative balance protection policy.
The broker offers users the ability to trade on more than 1,000+ tradable assets across Forex, Indices, Shares, Metals, Energies and ETFs – all from one trading account. Trading on Indices is commission-free with low commissions for Forex, Energies, Precious Metals, Shares and ETFs trading. The commissions are very competitive and users are also offered access to raw spreads, as well as the ability to open Swap-Free Islamic trading accounts.
Fondex offers the globally-recognised and award-winning cTrader trading platform for desktop, web and mobile. Through the trading platform users can also access free, in-platform trading signals from Trading Central and Autochartist, as well as having the option to copy trade or use cBots to automate their trades.
While trader research and education tools are limited there is some beginner content available on the broker’s website and YouTube channel. The broker also offers a variety of mediums to interact with live customer support agents.
- 1,000+ tradable assets across Forex, Metals, Energies, Shares, ETFs and Indices.
- Award-winning cTrader trading platform available on desktop, web and mobile.
- Low commissions with access to raw spreads and transparent fees.
- Access to free, advanced trading features such as signals from Trading Central, copy trading and automated trading services.
