Trading Experience
“Fondex provides clients access to over 1,000+ financial instruments across Forex, Shares, Indices, Metals, Energies and ETFs, all through the award-winning cTrader platform. The broker also offers very competitive spreads and commissions.”
From our observations, Fondex provides clients with a great trading offering across Forex, Shares, Indices, Metals, Energies and ETFs. All clients have full access to over 1,000+ markets through one account that also comes with great features including the award-winning cTrader platform, spreads from 0.0 pips and competitive commissions.
The cTrader platform has three core features called Copy, Manual and Automative. Traditional traders can enjoy the manual trading functionality whereas those who would like to simply copy other traders can filter and select from a range of strategy providers based on specified criteria. Lastly, clients who want a more bespoke strategy can create their own using the built-in editor on the cTrader desktop platform.
Further, users have the option to choose from several fast and secure deposits and withdrawal methods, almost all of which are fee-free.
FAQ
Is Fondex regulated?
Fondex is a brand name of TopFX Ltd, a Cyprus investment firm authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC).
Where is Fondex based?
3rd Floor, Stratigou Gianni Timagia 19, Limassol 3107, Cyprus.
How does Fondex make money?
Fondex makes money mainly through spreads, commissions and swaps on certain asset classes.
How do I deposit in an Fondex account?
Funds can be deposited via debit/credit card, bank transfer, Neteller, Skrill, Webmoney, PayPal, Giropay and more.
What is the min. deposit for Fondex?
There is no minimum deposit.
How do I withdraw money from Fondex?
Withdrawals can be made from the client portal via debit/credit card, bank transfer, Neteller, Skrill, Webmoney, PayPal, Giropay and more.
What is the max leverage in Fondex?
The max leverage available is 1:30 for retail clients.
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.
Conclusion
“Fondex is a brand name of TopFX Ltd, a Cyprus investment firm authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker offers clients the ability to trade on 1,000+ financial instruments covering Forex, Shares, Indices, Metals, Energies and ETFs from the award-winning cTrader platform for Web, Mac, Windows and Mobile.”
Fondex is a brand name of TopFX Ltd, a Cyprus investment firm authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). As such the broker does provide negative balance protection and segregation of client funds. Additionally, clients can trade on over 1,000+ financial instruments covering Forex, Shares, Indices, Metals, Energies and ETFs from the award-winning cTrader platform for Web, Windows, Mac and Mobile.
There are also several additional trading features that are part of the cTrader platform including Copy, Manual and Automated trading services, an economic calendar and trading signals from Autochartist. Although only one account type is available, it does come with spreads from 0.0 pips, low commissions and leverage up to 1:30 for retail clients. Demo and Islamic (swap-free) accounts are also available.
Clients have a variety of fee-free deposit and withdrawal options including debit/credit card, bank transfer, Neteller, Skrill, Webmoney, PayPal, Giropay and more. However, there is a small inactivity account fee after 90 days of no account activity.
The research material is limited and only features market news but there is a good selection of educational articles that are regularly updated. Further, newer traders can also take advantage of the glossary and FAQ section. The broker offers multilingual customer support 24/5 via email, phone, live chat, Facebook Messenger, Telegram and Whatsapp.
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- Low commissions and spreads from 0 pips.
- 1,000+ financial instruments and 7 asset classes.
- Award-winning cTrader platform.
- CySEC regulated.
