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Fondex User Reviews

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Fondex
4.5
By 6 User Reviews

Regulated By:CySEC, FSA

Foundation Year:2017

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

Min Deposit:$0

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Your capital is at risk

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5 Reviews
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E
Elliott Graham
3/5
Reliability:
4/5
Platforms:
3.0
Assets:
3.0
Support:
3.0
not impressed

I read a lot of positive things about Fondex, so I decided to try this broker. In general, I did not notice anything special. First of all, the broker uses regulation at Seychelles, while the broker also has CySEC regulation, it is strange and raises questions. Secondly, there are very limited education opportunities. However, for the fairness, I can say that cTrader is really a convenient platform, and spreads are lower than the industry average. Nevertheless, it is not enough for me to change a broker.

B
Becker Jan
4/5
Reliability:
5/5
Platforms:
3.0
Assets:
4.0
Support:
4.0
Everything good, but copytrading only in Web

I'm trading both manually and following other traders strategy, I see this as a way to diversify risks. My experience is almost positive, I haven't faced any pitfalls. However, copy trading is available only in cTrader Web and I don't know why it isn't available in mobile app..

W
Wolf Rauch
5/5
Reliability:
5/5
Platforms:
5.0
Assets:
4.0
Support:
5.0
Tight spreads

I've never seen a tighter spreads for Bitcoin, i.e. Its only $10 + there is no commission. Just in case you don't know, most of the brokers have around $50 spread for BTC/USD!

S
Sten Moharshal
5/5
Reliability:
5/5
Platforms:
4.0
Assets:
5.0
Support:
5.0
Scalping and algotrading are welcome

Scalping and algotrading - two most problemous areas for each brokers, as they lead to a high sever load, so most brokers try to avoid algotraders and scalpers. Some brokers set worse conditions for scalpers and algotraders than for intraday traders, others just ban such traders. However, I like that Fondex is on the top of providing clear and top notch service for scalpers and algotraders with 0 restrictions. Algotrading uses FIX protocol, that's common solution and it works realy good.

L
Lukas Bongo
5/5
Reliability:
5/5
Platforms:
5.0
Assets:
4.0
Support:
4.0
Brokerage that has some unique features

World is full of brokers, each one offers something to win the competition. I see Fondex as the brokerage to trade in case you're tired of Metatrader's bugs. Fondex uses cTrader, instead of MT4, and I definitely prefer this platform. cBots VS Expert Advisors use C#. Inspite the Easy Language naming, this EL is rather difficult to work with. Those who can't stand easylistening music will understand what I mean.

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