Fondex Review

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. With more than 1000 instruments across 7 asset classes, Fondex allows investors to create a well-diversified trading portfolio. Fondex cTrader offers the opportunity to trade in four different ways - manually, copying other traders’ strategies, using cBots and following signals from Trading Central and Autochartist - making it the ideal platform for both experienced traders and beginners. Spreads start from 0.0 pips and Fondex charges the lowest cTrader commissions globally on Forex, Energies and Precious Metals. Additionally, Fondex secures its clients’ funds by keeping them in Tier-1 segregated accounts, while also offering them Negative Balance Protection.

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Typical Spread on Majors

* STANDARD account shown.
Headquarters Limassol, Cyprus
Type of Broker Market Maker & STP & ECN/STP
Founded 2017
Regulated By Regulated By CySEC (Cyprus)
Offices In Cyprus
Supported Languages Arabic, English, French, Greek.Russian
ESMA Regulated? This broker is regulated within the E.U and issubject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article
Account Currencies AUD, CAD, CHF, EUR, GBP, JPY, PLN, SGD, USD, RUB, THB
Minimum Deposit $0
Traders from USA Allowed No
Clients Funds Segregated Yes
Interest on Margin No
Islamic Accounts Yes
Islamic Account Restrictions Anyone
ECN / STP Accounts Offered Yes
Commission on STP or ECN $25 per million (per side)
VIP Accounts Offered No
Mini Accounts Offered No
PAMM / MAM Solutions No
API Solutions Yes
Mobile Trading Yes
Web Based Trading Yes
Funding Methods Credit/Debit Cards, Wire Transfer, Skrill, Neteller, PayPal
Withdrawal Methods Credit/Debit Cards, Wire Transfer, Skrill, Neteller, PayPal
Platforms Offered cTrader, cTrader iOS, cTrader Adroid, cTRader Web, cTrader Copy, cTrader Automate
NO of Pairs 1000
Cryptocurrency Trading Yes
Pricing Digits 5
Trade off Charts Yes
One-click Execution Yes
Email Alerts Yes
Mobile Alerts Yes
Trading Server Time
Demo Account Expiry 90 Days
VPS Offered No
Dealing Desk No
Maximum Leverage 30:1
Minimum Contract Size 0.01
Execution Market Excecution
Hedging Yes
Scalping Yes
Scalping Restrictions Yes
Option of OCO Yes
Option of FIFO No
Negative Balance Protection Yes
CFD's Yes
Metals Yes
Oil Yes
Stocks Yes
Indices Yes
EFT's Yes

Fondex Reviews

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Maks Vandervort Country: Estonia Acc No: 3********8 Jun 18, 2021
This is the place to make big money. But this is not the golden grail. This is what makes it possible. Then everything depends on you! Training and practice. Training! and practice! Here's what you need to do in order to make money. This broker will provide you with a good trading platform cTrader. This is a great Forex software. There are analysis indicators and depth of market depth. The broker also provides an opportunity to trade a large number of assets. You will have a chance to make money on currency pairs and gold. The main thing is to learn and go to your goal! It's great! Over time, you will be able to have whatever you want and work from anywhere in the world. I think it's great!

Nirajan Dahal Country: Cambodia Acc No: 5******5 Nov 19, 2020
After MT4, the cTrader platform simply amazes with the number of features. I'm glad that I chose Fondex. Because this is where I tried trading on the new platform. I will tell you briefly what I like about this one: 1. Presence of the Market Depth. 2. Built-in Economic Calendar. 3. Trading signals directly into the cTrader. For this reason, I can say that I'm satisfied with my broker.

Th?c Cao Country: Vietnam Acc No: 4********0 Oct 12, 2020
Small variable spreads and an excellent set of assets, there are over 800 stocks (!), so the quarterly reporting period is now my favorite period in the market.

Awang Gurusamy Country: Malaysia Acc No: 3******4 Sep 19, 2020
I work here with crypto currencies, there are no commissions on these assets, only the spread which is about $10 for bitcoin, which can be considered very low, because other companies offer spreads up to $50 for BTC!!!

Country: Poland Acc No: 3*********2 Aug 12, 2020
I'm copy-trading there and I like how this brokerage works. cTrader copy offers a wide range of strategies, not only offered by Fondex traders but other brokers as well. That's a lot of strategies and cTrader allows to filter them in order to choose only that one, that meets your expectation. I didn't trade here manually, so can't say nothing about this.

Vinh Phang Country: Hong Kong Acc No: 3********2 Jul 19, 2020
I decided to become a trader because I wanted financial independence, because before that my income was not very high... And first of all I chose this company, I liked that there are different conditions. For today I use only a part of services, for example, I have already mastered working with crypto-currencies, especially since there is zero commission for such trading. And here you can work with ready-made algorithms, I am not fond of it, but it is really interesting...

Country: India Acc No: 4********0 Jun 18, 2020
Compared to other cTrader brokers Fondex is good, at least it has strong regulations, many assets and tight spreads. However, for beginner it will be challenging, as brokerage doesn't offer many educational opportunities. You need to learn on your own. There's education, but it's generalized, without clear strategies. I mean, just keep that in my mind.

Broker Bonuses

$10,000 Welcome Bonus - Join AvaTrade and get a New Clients Bonus up to $10,000

$10 No Deposit Bonus - Open a Live STP account, $10 Bonus is automatically added to your account

100% Deposit Bonus - Receive a 100% Bonus on Deposits (Max Bonus $5,000). Bonus credited after required lots are traded.