Support email does not exist. Website not exists. I'm trying to get my tax reports for the losses I had on their platform, but they simply don't exist. Not recommended at all.
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I was searching cTrader broker that will have good trading conditions. Some points you should consider: 1. Trading conditions are good, at least spreads are low, usually even lower than 1 pips. Th... See more
Beware of this company! Do not buy the deadlines for very difficult deposits and withdrawals. There is no customer support and they do not respond to emails. I don't recommend it, and I hope it doesn'... See more
Company replied
Accidentally got acquainted with Fondex, and wanna describe some features which seem to me pretty attractive here. 1) Detailed overview of the broker and its conditions right on the website. Yeah,... See more
Company replied
Company details
Information provided by various external sources
Fondex is a multi-asset brokerage offering CFD trading on Forex, Shares, Indices, Precious Metals, Energies, ETFs and Cryptocurrencies. At Fondex, we make exceptional customer experience our utmost priority. Our advanced trading technology, interbank liquidity and unrivalled order execution, enable our clients to trade with industry-leading conditions and facilitate a seamless trading journey. CFD trading carries risk.
Contact info
Kanika Business Center, 3015, Limassol, Cyprus
- +357 25028079
- support@fondex.com
- fondex.com
Hasn’t replied to negative reviews
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Trading with confidence
Within nearly a year that I've been trading with Fondex I didn't run into usual problems that I had with the previous broker. I mean slippages, inaccurate quotes, etc. This gives the confidence in the broker and now I can finally focus on productive systems development instead of constant chatting with support regarding all the above mentioned issues. I een have time now to think about some automation! Thanks for the excellent service!
cTrader broker
I was searching cTrader broker that will have good trading conditions. Some points you should consider:
1. Trading conditions are good, at least spreads are low, usually even lower than 1 pips. That's one of the cTrader brokers with such trading conditions, usually spreads are higher
2. Scalping allowed, that's so great
3. However, brokerage has Seychelles regulation, it's not reliable enough (but there's also CySEC regulation, so I don't think that's big problem)
Overall brokerage is okey but I won't overhype it.
No MetaTrader support!!!
My experience with this broker is limited to a couple of months, yet I think there was enough time to learn the majority of pros and cons.
The only pro that I really see here and that really matters is the spreads and commissions policy. They are relatively low and definitely are favorable for the overall result. The rest of the service is pretty typical for the industry.
However, I also see the cons that actually make the further partnership doubtful. The major problem is that the broker does not work with MT4 and MT5. As long as I trade manually, this is not a problem. But my long-term plan is a full automation of the strategy. I don’t code myself, so I have to look for freelance developers. From what I learned, the number of developers familiar with MQL is big enough to find a contractor. This might be a huge problem if we speak of cBots development.
When a hobby becomes a business.
In fact, I read this idea a long time ago that if you find a case you like, you'll never have to work...
And now I know exactly what that means. Because now my initial passion for trading has grown into a real business, which I plan and structure in detail to get both the desired income and a well-established process.
In many ways my broker helped me in this, because here they allow both hedging and trading with a sufficiently large leverage, even 1:500, and it suited me completely.
Flawless experience
I didn't have to change a number of companies and trading platforms to make this choice. Simply take little time to google the info and take into consideration other users experience, and you'll find out for yourself the solution offered here is really one of the best for Forex and CFD trading.
Not a bad broker, just a few remarks
Recently found this broker, immediately attracted a lot of unique features such as copy trading and automated trading. The official website also looked very nice.
Anyway, I decided to find information about the broker on the Internet to make conclusions about whether the broker is worthy of attention and my time. However, there were very few reviews on the Internet. As it turned out, a broker started working not so lomg ago. Their main feature is CTRADER platform. For those who don't know - it is the main Metatrader 4 competitor, many say that it is better. Indeed, I tried it at Fondex Demo, it turned out to be very convenient.
I think it is worth noting several advantages:
1. cTrader
2. Scalpers are allowed.
3. There's copy trading.
4. There is an automated trade
5. There's a demo.
However, for me personally, the disadvantage was that the company was founded so recently. So far, the reviews are very positive, but they are rare. So I decided to wait six months to see more reviews.
Deserves attention for sure
No doubt that the brokerage really deserves attention. Especially algotraders’ attention. I think cTrader is one of the best solutions for automated trading strategies, so I was initially interested in a brokerage that would support the platform.
Among all the companies that offer this option Fondex has got the most favorable trading conditions according to my research. Spreads are variable, so I can’t share the exact numbers, but the fact they’ve got tight spreads and no additional commissions for indices trading made me very pleased.
The other nice thing is that there are no restrictions on scalping. This combination of tight spreads + no restrictions on cbot scalping makes the deal really advantageous. Exactly what I was looking for.
Please keep in mind though, that you can’t run EA strategies here. Converting the MQL code to C# will be required if you choose to switch to cTrader from MT.
Recommended Broker for cTrader
One of the better brokers offering a wide range of instruments for the cTrader platform with low spreads. Recommended.
Very good service
I am very much satisfied with your…
I am very much satisfied with your services, I will definitely call on you to defecate when I need to
So far so good.
Christopher have been very helpful with…
Christopher have been very helpful with assisting me further with trading and strategies and Silvia calling and booking appointments every week.
Definately recommend this broker!
Fondex has a trader which is absolutely…
Fondex has a cTrader which is absolutely amazing, best risk management tools in the market. But they don't have some exotics like USD DKK. Trading conditions are the best I saw. Low spreads low commissions. My Account manager is Chris and he is helping me 2 or 3 hrs weekly and results look great!
Really satisfied with the service and…
Really satisfied with the service and support provided so far.
Silvia and Chris have been very helpful and the support team has been super fast so far.
3 week review
I have been working with them for around 3 weeks now, all is going pretty well. Good trading conditions, fast withdrawals, Christopher has been a good account manager who has been able to quickly assist with any questions I had
Amazing service
Amazing service! Really happy about my experiance with Fondex so far.
Do not recommend
Great platform, one of the worst brokers. Brokers are just pitiching you with " you are doing great !! " & " I am proud of you !! ". But in the end they do not teach you anything or improve your current trading skills. Just trying to pitch you to put more funds in. If you are having fondex as your broker, be cautious of their tips, think for yourself and do not just follow what they say, do not use Telegram to contact with them. Would not say they are scamming, but definetly doings things that are not allowed. Highly recommend to choose another broker. Or experience it for yourself.
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