Abstract:Fondex provides traders with the Fondex Trading Account, offering a range of market instruments including forex, shares, indices, precious metals, energies, ETFs, and cryptocurrencies. Traders can access the advanced cTrader trading platform with the minimum deposit requirement of $25. However, Fondex is currently unregulated in Bermuda and the platform's inaccessible official website raises red flags regarding its reliability and trustworthiness.
Note: Fondex's official website: https://fondex.pro/en is currently inaccessible normal.
FondexReview Summary | |
Founded | 2020 |
Registered Country/Region | Anguilla |
Regulation | Unregulated |
Market Instruments | 600+, Forex, Shares, Indices, Precious Metals, Energies, ETFs, Cryptocurrencies |
Demo Account | / |
Leverage | Up to 1:100 |
Spread | 0.5 pips |
Trading Platform | cTrader |
Min Deposit | $250 |
Customer Support | Email: support@fondex.pro |
Social Media: Facebook, Instagram, Youtube, Linkedin |
Established in 2017 and headquartered in Hamilton, Fondex is a multi-asset online brokerage offering Contract for Difference (CFD) trading across various asset classes. Fondex provides traders with access to over 600 instruments, including forex, cryptocurrencies, stocks, indices, commodities, ETFs, and precious metals.
Pros | Cons |
Multiple market instruments | Unregulated |
Swap-free account available | High minimum deposit requirement |
cTrader offered | Unfunctional Website |
Fondex is not an unregulated platform, which makes it risky to trade on this platform.
Fondex offers traders access to a diverse portfolio of 600+ trading instruments across multiple asset classes, including forex, cryptocurrencies, stocks, indices, commodities, ETFs, and precious metals.
Trading Asset | Available |
forex | ✔ |
metals | ✔ |
ETFs | ✔ |
indices | ✔ |
energies | ✔ |
stocks /shares | ✔ |
cryptocurrencies | ✔ |
commodities | ❌ |
options | ❌ |
funds | ❌ |
ETFs | ❌ |
Fondex provides several account options tailored to different trading styles.
The broker also offers swap-free accounts upon request, which is for traders who require Islamic trading conditions.
The leverage varies on this platform based on the account levels.
For a standard account, the leverage is up to 1:30; meanwhile, the leverage is higher when it comes to a professional account.
For a crypto account, the leverage could be up to t.
Fondex utilizes the cTrader platform, which is known for its user-friendly interface and advanced trading features. The platform supports manual trading, automated trading via cBots, and copy trading functionalities.
Trading Platform | Supported | Available Devices | Suitable for |
cTrader | ✔ | Desktop | / |
MT5 | ❌ | Desktop, Mobile, Web | Experienced trader |
MT4 | ❌ | Desktop, Mobile, Web | Beginner |
Trading View | ❌ | Desktop, Mobile, Tablets, Web | Beginner |
Fondex supports various funding and withdrawal methods, including: