9.7/10
(51 qualified reviews)
US Traders
  • Trading by telephone
  • Segregated accounts
  • Affiliate program
  • Islamic accounts available
  • Company TopFX Ltd
  • Founded in 2010
  • Online since 2017
  • Offices in
    • Cyprus
  • Payment options
    Show payment options Hide payment options
  • Demo platforms
    • cTrader
  • Account currencies
    Show account currencies Hide account currencies
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Regulated by
    • CySEC, 138/11
    • FSA (Seychelles), 8424819-1
  • Website available in
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  • Support available in
    • Arabic
    • English
    • French
    • Greek
    • Russian
  • Support methods
    • Email
    • Live chat
    • Phone
    • Web form
  • Trading server time zone GMT
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Browser-based platform
  • Trading via API
  • Minimum account size $250
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.3
  • Minimum spread on EUR/USD, pips 0
  • Commission (one-way) per 1 std. lot $2.50
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:30
    • Gold & silver1:10
    • Indexes1:20
    • ETF1:5
    • Cryptocurrencies1:2
  • Trading platforms
    • cTrader
  • Digits after dot 5
  • Stop-out level 30%
  • Number of currency pairs 77
View contract specifications

Reviews

78 reviews of Fondex are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

, Indonesia.

I switched to Fondex 6 months ago, so I think it's time to write a review now. Well, I've no regrets about my decisions at all, maybe one of the best decisions ever.

Most importantly — I'm a scalper, and Fondex has no restrictions for scalpers at all, so that's one of the best choices for me.

But my satisfaction isn't about scalping only. There are a lot of things I'm satisfied with: order execution, spreads, number of assets and many others. But the scalping allowed is the point that trully distinguishes Fondex from its competitors. I think most traders work the same way as I understand this feature :)

, Romania.

I joined this brokerage service to catch up with my crypto trading. I should say that earlier I practiced crypto trading but then I gave it up because I was exhausted by long-lasting Bitcoin stagnation. Perhaps, you remember that it was stagnating for most of 2020.

I got back to crypto trading in the autumn of 2020. I barely missed this coin’s spectacular revival. This broker came in handy because it offers commission-free trading for digital coins. So, I trade cryptos with this broker and think that it’s ideally suited for this.

, Ausria.

I enjoyed my experience with Fondex. I liked the opportunity to trade some financial instruments without tax.

Also, commission-free trading is possible with indices and digital coins.

Besides this, I was very impressed by the ultimate performance of their cTrader terminal. I like it more than Metatraders or any other trading platform.

, France.

I have long dreamed of trading in financial markets. And dreams sometimes come true. I traded with one broker but he had high commissions and decided to find another. Friends advised Fondex. There is a zero commission for trading in cryptocurrencies and indices. And these are the assets that I trade most often.

In addition, there are other advantages:

- low spreads for other assets;

- there is no minimum deposit;

- you can copy transactions of other successful traders.

, Portugal.

There is a high-quality platform with a lot of professional services.

There is a built-in Economic Calendar for each asset in cTrader. This means that you don't just watch when the news comes out. You see how the asset reacted to a speech by the head of the Central Bank. Or you can see how the publication of reports impacts it. I like features like that! :)

, France.

I have been looking for a good broker for cryptocurrency trading for a long time. I've read many forums, and most of the comments were about Fondex. Therefore, I chose it for my trading. Of course, at first, it was tough... I used the Metatrader4 platform, so cTrader seemed incomprehensible to me for the first week.

However, good training and a little practice on the demo opened my eyes. I am happy with the broker and platform I am trading on now. There are many indicators, it's userfriendly. Spreads are minimal here. It is a very convenient platform for both beginners and professionals. I advise everyone to try it!

, Poland.

This broker is probably the best choice to trade with cTrader. I prefer to trade cryptos With this brokerage service, I can trade digital coins without commission and with quite good spreads. By the way, other financial instruments here are traded with commission.

For the last time, I have persuaded that cryptos are the best assets to trade because this never-ending COVID crisis makes other assets less attractive. Now many people consider cryptocurrency as a safe-haven against inflation.

, Nigeria.

In numerous Fondex reviews, I've seen that traders praise the spreads and commissions here. But honestly, I didn't expect such low values. They are really very cheap. Especially it is noticeable on Bitcoin. There are no commissions at all, and spreads are 3 times less than in other companies. I felt it in autumn when Bitcoin started to rise sharply, and many people, including myself, decided to earn on it. And I have never regretted that I chose Fondex to trade.

I also like the educational articles here. They are very informative, and the material is structured so that it is easy to study.

So I would name three things as advantages of the company. The first is the minimum costs when trading. The second is high-quality training articles. And the third one is a wide range of assets. I haven't mentioned it at the beginning of my comments, but it's really important. Because when there aren't enough assets, a trader inevitably misses an opportunity to make money.

, India.

At first I was overwhelmed with an idea of finding a broker with fixed spreads for crypto trading. But then I realized that I just need a reliable broker. My friend advised me to join this broker. He pictured it as an ideal broker with tight spreads and no-commision trading. I tested it and realized that it’s true.

By the way, I see no alternative to crypto trading now because many traditional assets except for gold turned out to be extremely vulnerable to the global recession.

, Malaysia.

I am new to trading. A friend of mine advised me to try trading on Fondex and showed me some tutorial videos. After that, I switched to the cTrader platform.

Surprisingly, there is a lot of information here, as well as easy training. By the way, the platform has a minimum spread and a minimum lot opening. So, I think the broker is good and will suit any trader.

, Germany.

A good broker for Forex trading. I have been working with the cTrader platform for over a year, and I love it. There are many indicators, it's userfriendly. Spreads are minimal here.

It is a very convenient platform for both beginners and professionals. I advise everyone to try it!

, Portugal.

I urgently required a new broker for cryptocurrency trading and some folks pointed to this company, telling me that it’s ideally suited for this. Well, they didn’t tell me lies because it turned out that the broker is really good for crypto trading.

On the other hand, some things I saw there were quite unusual for me. First, after my experience with Metatraders, it wasn’t easy to get used to cTrader. However, over time, I realized that it’s not so bad. However, if I used customized indicators, I would not able to accept cTrader.

, South Africa.

I liked Fondex because of a few things. Although I can't say that it is a broker that I'm completely satisfied with. The company has its nuances. But where are they not? You have to choose from what is on the market.

So here goes. Of course, the main advantage of the broker is the small costs for clients. That is, spreads and commissions that are lower than the average in the market. You can read it in many Fondex reviews.

Especially the difference is noticeable on Bitcoin. The cryptocurrency has made just a cosmic leap (thank you, Elon Musk), here trades with a spread 3-5 times tighter than in many other companies. That makes a lot of difference, really. And it affects enough on trading profits.

I remember one of the traders did an experiment. He traded at different brokers with the same Expert Advisor with the same settings.

The result was different profits because of the variance in spreads and commissions. So you have to pay attention to that.

I'm glad that Fondex allows me to trade with lower costs. It has a positive effect on my results.

, Malaysia.

In general, my impression of this broker is quite mixed. On the one hand, I can’t label it as a fraudulent project because that’s not so. This broker ensures a fairly convenient trading process and doesn’t prevent traders from entering the market at the price they want. Moreover, it pays out requested funds. It speaks of it as a normal broker. They offer quite low spreads and it’s even possible to trade some assets without commission.

On the other hand, the trading conditions here are quite specific, especially for conservative traders.

First, they offer just one one universal account. They position it as an advantage, but I find it as a downside because it’s not good not to have a possibility to choose between several accounts with different parameters, such as execution (market or instant), spreads (fixed or floating).

Moreover, they offer the only one platform cTrader, especially for those who are used to working on Metatraders.

, Malaysia.

I'm satisfied with my choice of broker. Fondex has everything I was looking for. It offers a convenient terminal with built-in technical analysis. It has reasonable spreads and commissions. And here is the ability to copy trades, which I actively use for risk diversification.

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