Fondex Review – Is Fondex Right For You?

Fondex is a relatively new brokerage house founded in 2017. It has a team of 50 employees and is based in Cyprus. It is regulated by the CySEC and the FSA (SC). It offers customer support in multiple languages. In addition to its excellent customer service, Fondex also offers ultra-low spreads.

Fondex is a European broker with Japanese technology.

Fondex offers a wide range of trading options and services as a European broker with Japanese technology. They offer trading on over 80 currency pairs and 15 international indices, including a large selection of US tech companies. The firm offers no minimum deposit requirements and commissions as low as 0.28%. Their platform also offers a comprehensive education and market news section.

Registration for a Fondex account is fast and easy. A demo account can be opened within minutes, and most trading accounts are ready to start live trading within one to three days. Live account verification can take longer, though, as KYC documents nmustbe processed. The firm accepts traders from over 50 countries, but you must be a resident of one of these countries to use the platform.

It offers ultra-low spreads.

Fondex offers ultra-low spreads on a variety of trading assets. It offers dozens of currency pairs, fifteen major global indices, and more than 900 shares. TIn addition, the platform offers flexible leverage levels trangingfrom 1:2 to 1:30, and you can use either a manual trading system or a fully automated strategy.

As a European-based brokerage firm, Fondex is well-regulated. It also does not require a minimum deposit, making it easy for new investors to try the platform. Furthermore, it has no minimum withdrawal limit, which ensures that traders can withdraw their funds at their convenience.

It offers free in-platform signals

..Fondex is an online forex broker that offers a variety of trading tools to its clients. Its cTrader platform allows you to trade CFDs on 80+ currencies, stocks, indices, gold, and more. The platform also includes free in-platform signals from Trading Central. TTop market analysts produce this signals and are backed by two technical analysis scenarios. They also provide you with proposed Stop Loss and Take Profit targets.

The platform is transparent and offers detailed position history. The company does not manipulate prices, but they do offer excellent trading conditions and ultra-fast execution. These features help traders execute their trading plans effectively. In addition, Fondex is a member of the Investor Compensation Fund, and all client funds are kept in separate accounts.

It is regulated by Cyprus Securities and Exchange Commission.

Fondex is a Cyprus-based broker offering Forex trading services. The Cyprus Securities and Exchange Commission and the Financial Services Authority of Seychelles. Regulate the firm. It has an Investor Compensation Fund to protect customers from losses in the event of the company’s insolvency. Client funds are kept in segregated accounts and are covered by deposit insurance.

The CySEC regulates the financial services industry in Cyprus and oversees investment firms that operate in the country. CySEC has strict capital adequacy rules and requires investment firms to maintain segregated bank accounts for client funds. The commission also oversees collective investment funds and mutual funds and issues licenses to operate.

It accepts payments from credit cards.

If you’re tconsideringopening an account with Fondex, you’ll be glad to know that it accepts payments from credit cards. To open an account, slick on the “Start Trading Now” button at the top of the page and enter your email address and password. You’ll also need to complete personal details, including your name, surname, date of birth, and physical address.

Fondex accepts payments from credit cards and debit cards. Visa and MasterCard are accepted, as well as PayPal and bank wire. The site also offers anti-money laundering checks and a negative balance protection policy.

It offers Bitcoin trading.

Fondex offers Bitcoin trading services in several currencies. The exchange charges a minimum commission of 2.5 US dollars per trade for currency CFDs and a flat one-cent commission for stocks. In contrast, the exchange does not charge any commission for Bitcoin trading. However, there are account fees based on the broker. These are a small percentage of your total trading volume and are calculated per trade.

Fonda’s cTrader platform supports trading on a variety of devices. It also offers live market sentiment, charting tools, and session info. This platform also features mirror trading and algorithmic trading. In addition, its software enables clients to copy the strategies of more than 1000 traders at once.