Fondex Review 2024
Minimum
deposit:
  • $1

Trading platform:

  • cTrader
Regulation:
Bonus for deposit:
  • 0%

Fondex Review 2024

Updated: October 06, 2023
Updated: October 06, 2023
Your capital is at risk. 66.57% of retail investor

2.95

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $1

Trading platform:

  • cTrader
Regulation:
Bonus for deposit:
  • 0%

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Summary of Fondex Trading Company

Fondex is a high-risk broker with the TU Overall Score of 2.95 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Fondex clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. Fondex ranks 323 among 406 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.

When trading with Fondex, traders exclusively deal with CFDs, but the range of available options is extensive. Trading conditions are objectively advantageous, featuring spreads starting from 0.5 pips (it varies for real accounts), no commissions, and no fees for deposits and withdrawals. The leverage offered is average for the market. Conceptually, the broker's strengths lie in the provision of a free demo account and the absence of a minimum deposit requirement for the real account. There are no trading restrictions, and the cTrader trading platform is user-friendly, functional, and suitable for professional work. Fondex offers ready-made solutions for automated trading and an integrated copy trading service, significantly expanding the possibilities for traders at all levels

Fondex is a contract for (price) differences (CFD) broker registered in Bermuda. It offers over 600 CFDs across seven types of trading instruments, including currency pairs, cryptocurrencies, stocks, indices, metals, energies, and exchange-traded funds (ETFs). Fondex provides two account types: a demo account and a real account. The real account features a standard spread starting from 0.5 pips with no trading commissions. The maximum leverage offered is up to 1:500. There is no set minimum deposit, and traders can trade micro-lots. All order types are available, and there are no restrictions on trading strategies. Swaps can be removed upon request, transforming the standard account into an Islamic account. In addition to manual trading, Fondex offers auto-trading through their proprietary cBot solution, which can be customized and even used with third-party expert advisors. Clients can also use the integrated copy trading service within the platform. Trading is conducted through the cTrader trading platform.

💰 Account currency: AUD, CAD, CHF, EUR, GBP, JPY, PLN, USD, THB
🚀 Minimum deposit: $1
⚖️ Leverage: Up to 1:500
💱 Spread: Floating from 0.5 pips
🔧 Instruments: CFDs on currency pairs, cryptocurrencies, stocks, indices, metals, energies, ETFs
💹 Margin Call / Stop Out: No

👍 Advantages of trading with Fondex:

  • Free demo account allows users to familiarize themselves with the platform and refine their strategies without financial risk.
  • Only one real account option eliminates the need to choose among different trading conditions, guaranteeing minimal costs.
  • A wide range of assets from various groups combined with high leverage enhances the potential for successful trading.
  • Traders can operate without limitations, using hedging, scalping, and transferring trades to the next day.
  • Fondex's automated trading is highly appreciated by experts, the functional solution of cBot is suitable for both beginners and professionals.
  • The copy trading service is intuitively simple, transparent, and accessible to all.
  • The broker provides typical technical and fundamental analysis tools, as well as newsfeeds and educational materials.

👎 Disadvantages of Fondex:

  • Traders can access a large number of assets, but they need to understand that they all are CFDs.
  • The company operates internationally but does not work with residents of Japan, North Korea, Belgium, Canada, and some other countries.
  • There is no referral program for individuals, ongoing promotions, or bonuses for new clients.

Evaluation of the most influential parameters of Fondex

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

2.48

/10

Regulation and safety The score for this parameter is based on the licenses a company holds. The higher the level of the license, the higher the score. Obtaining licenses in other jurisdictions also improves a broker’s score. We divide all licenses into three levels:

Level 1 jurisdictions (high level of trust): CFTC – USA, FINMA – Switzerland, FCA — UK, ASIC – Australia, CBI – Ireland, JFSA — Japan, MAS – Singapore, FMA — New Zealand, IIROC – Canada, SFC – Hong Kong.

Level 2 jurisdictions (medium level of trust): CySEC – Cyprus, FSCA – South Africa, CBRC – China, SEBI – India, ISA – Israel, SECT – Thailand, DFSA – United Arab Emirates

Level 3 jurisdictions (low level of trust): FSC – Belize, FSC – British Virgin Islands, FSC – Mauritius, VFSC – Vanuatu, SCB – The Bahamas, BMA – Bermuda, CIMA – Cayman Islands

7.17

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

7.71

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

7.40

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

2.63

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

2.90

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

2.63

/10

Geographic Distribution of Fondex Traders

Popularity in

24%
AU
Australia
21.8%
ID
Indonesia
17.9%
IT
Italy
12.3%
CA
Canada
12.3%
US
United States
1.8%
SE
Sweden
1%
GB
United Kingdom
0.11%
TH
Thailand
0.1%
CO
Colombia
0.1%
EG
Egypt
0.59%
Others
Others

Fondex Latest Comments for 2023 i

6 comments
Total score:
3 /10

Share your experience

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shifan

Fondex has a good choice of trading instruments. Support service is nice. Withdrawals are quick . What unpleasantly surprised me was that the quotes visible on the chart and the quotes at which orders are executed were different. I hope they fix it.

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opalgonsalves5404

Fondex is my first broker. That's how I learned what scam is. I read after I got burned here the negative reviews about Fondex and understood how I got there .... It's impossible to make money here. They just won't let you. The company is a scam, it's 100%!

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DeKo

I did not like the Fondex broker. A bank transfer of less than 100 euros cannot be added to the balance. And in general, there are not as many ways available as with other brokers. The same Neteller and Skrill cannot be used. I also had to get used to the trading platform, because the usual MetaTrader is not here. Fondex is definitely not for everyone.

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shakac

You shouldn't choose Fondex for trading. Not only do they take a commission for a trading turnover of 100 thousand, in addition to the spread, but they also constantly arrange problems in the form of requotes and slippages. I ask support why requotes in a calm market, they say, this is the realities of the market. Because of these "realities", I lost more than $ 1,300 in a loss.

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ari_rey

I can't say anything good about Fondex. The website says that the spreads are zero. But this is not true. Spreads are present, and quite large. For major currency pairs, they can be from 4 to 10 points. This is very important when trading. There is nothing to say about cryptocurrency. But the biggest problem is canceling deals. I had four winning trades canceled in just a week. Support completely ignores this topic.

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SamRemedy

Applied for withdrawal of $ 1780. The Fondex financial service has sent a notification to the mail that the application has been received and is being processed. On the same day, the money was debited from the account. According to the regulations on financial transactions, the withdrawal is carried out within 5 days. But more than two weeks have passed, and the money has not arrived. All subsequent requests are completely ignored. I am already starting to worry about whether they will be taken out.

Expert Review of Fondex

The Fondex broker is relatively new but has already achieved significant success. The reason for its strong start is evident – it has renowned financial analysts and experienced specialists at its core who have managed to assemble an excellent team. Often, this is more important than the technological stack, although Fondex also excels in that aspect. Testing has shown that the platform operates smoothly, providing at least average market execution, if not faster. Additionally, traders should have no concerns about reliability since the company is officially registered and regulated by the BMA. On the internet, you can find quite a few positive reviews from broker clients.

Fondex's starting conditions look appealing in that the broker offers a free demo account, and when registering a real account, there are no minimum deposit requirements. This is especially convenient for beginners and those who are not yet sure if this platform is suitable for them. There are trading advantages too because it offers a market-average spread of 0.5 pips without any commission. Trading becomes even more profitable because there are no fees for withdrawals. Depositing funds and withdrawing profits can be done through all standard methods: Visa/MC bank cards, Sepa, ABSA, and PayTrust. In line with the current trend, the broker offers the B2B in Pay system, which allows fund transfers in cryptocurrency.

A competitive advantage of Fondex is that, in addition to active trading on numerous CFD markets, it offers two alternative earning options. This includes a copy trading service, which is generally no different from similar solutions on other platforms, and a feature for auto-trading. Auto-trading is presented in a non-typical way in that there are several bots tailored to different trading styles. Traders choose a suitable bot, customize it to their preferences, and start trading. TU experts cannot guarantee the success and effectiveness of the bots, but according to reviews, they are often useful and can generate stable income.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of Fondex’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets and Products of the Broker

Some brokers provide their clients with opportunities to earn in other ways than active trading. It can be anything from investing in partner startups to cryptocurrency staking. While most traders come to such platforms to trade independently, secondary income is never redundant, especially when it comes to copy trading services where there is little change for signals providers in terms of trading. PAMM accounts, in this sense, require more attention, although the level of automation in such solutions is often quite high. Auto-trading stands apart as it is less common. In this case, traders must trust the software algorithms rather than human beings. Nevertheless, Fondex clients also have the opportunity to work with such solutions.

Copy trading

All copy trading services operate according to the same protocols. A trader can register as a signals provider or an investor. The signals provider broadcasts their trades, and investors can connect to them and duplicate their actions on their accounts. If a trade is successful, everyone receives a profit equivalent to their proportional investments. Additionally, investors pay a small percentage of their earnings to the signals provider for their services. However, if a trade is unsuccessful, everyone loses their trade. Importantly, investors are not obligated to precisely replicate the provider's stake. Copy trading is advantageous because it offers a unique opportunity to observe the work of a professional. Fondex guarantees absolute transparency, and the Fondex cTrader Copy provides full control over the copying process and allows for deep customization.

Automated trading service

Such services are much rarer than copy trading and joint accounts, and they are less in demand because traders prefer to trust other traders rather than machines. However, the cBot robot developed by Fondex employees has shown high performance. The trader simply needs to select a bot in the trading platform and customize it to their preferences. To ensure that the bot enters and exits trades effectively, multiple parameters can be set, including moving averages, Gann indicators, various oscillators, and even Fibonacci ratios. The bot will strictly follow the instructions while intuitively adapting to current trends, allowing it to successfully close many trades. There is a function to test parameters using historical data, which is particularly useful for beginners. Experienced traders with programming skills can create and optimize their bots based on cBot.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Trading Conditions for Fondex Users

Usually, the minimum deposit depends on the account type. However, with Fondex, it's different, there is simply no minimum deposit for its account. This means that when a trader opens a real account, they don't need to deposit a specific amount. They can deposit as much as they consider necessary, considering the minimum lot size, as well as the ability to trade micro-lots. Trading leverage of 1:500 is a typical indicator. Some brokers offer leverage of up to 1:1000, but leverage of 1:500 is considered sufficient. As leverage increases, both the potential for profit and potential losses increase. Traders can learn about these nuances from Fondex's educational materials and by contacting customer support, which provides detailed consultations on trading questions. Customer support is available all day and night on weekdays and can be reached through various channels of communication, including a call center, email, and LiveChat.

$1

Minimum
deposit

1:500

Leverage

24/5

Support

💻 Trading platform: cTrader
📊 Accounts: Demo, Standard
💰 Account currency: AUD, CAD, CHF, EUR, GBP, JPY, PLN, USD, THB
💵 Replenishment / Withdrawal: Visa, MasterCard, Sepa, ABSA, PayTrust, B2B in Pay
🚀 Minimum deposit: $1
⚖️ Leverage: Up to 1:500
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 Spread: Floating from 0.5 pips
🔧 Instruments: CFDs on currency pairs, cryptocurrencies, stocks, indices, metals, energies, ETFs
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes 
➕ Affiliate program: No
📋 Orders execution: No
⭐ Trading features: Free demo account, one real account, no minimum deposit, narrow spreads, no commissions, competitive leverage, many assets, CFDs only, custom trading platform, integrated copy trading, effective trading bot, and you can write your own bots.
🎁 Contests and bonuses: Yes, including bonuses in the form of rebates from Traders Union
Your capital is at risk. 
66.57% of retail investor accounts lose money when trading CFDs with this provider.

Comparison of Fondex with other Brokers

Fondex RoboForex Eightcap Exness AMarkets FxGlory
Trading
platform
Fondex cTrader MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader MT4, MT5 Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 MT4, MT5, AMarkets App MT4, MobileTrading, MT5
Min deposit $1 $10 $100 $10 $100 $1
Leverage From 1:1
to 1:500
From 1:1
to 1:2000
From 1:30
to 1:500
From 1:1
to 1:2000
From 1:1
to 1:3000
From 1:1
to 1:3000
Trust management No No No No No No
Accrual of % on the balance No No No No No 8.00%
Spread From 0.5 points From 0 points From 0 points From 1 point From 0 points From 2 points
Level of margin call
/ stop out
50%  /  5% 60%  /  40% 80%  /  50% No  /  60% 50%  /  20% 20%  /  10%
Execution of orders Market Execution Market Execution, Instant Execution Market Execution Market Execution, Instant Execution Market Execution, Instant Execution Instant Execution, Market Execution
No deposit bonus No No No No No No
Cent accounts No Yes No No No No

Broker comparison table of trading instruments

Fondex RoboForex Eightcap Exness AMarkets FxGlory
Forex Yes Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes Yes
Crypto Yes No Yes Yes Yes No
CFD Yes Yes Yes Yes Yes Yes
Indexes Yes Yes Yes Yes Yes No
Stock Yes Yes Yes Yes Yes No
ETF Yes Yes No No No No
Options No No No No No No

Fondex Commissions & Fees

Information
Most brokers earn revenue through spreads and commissions from traders. Sometimes there is also a raw spread directly from the liquidity provider, which naturally leads to higher commissions. The spread itself can be either floating or fixed. In the case of Fondex, they offer a floating spread starting from 0.5 pips. Traders should keep in mind that the spread is highly dependent on market conditions and constantly changes, usually being higher than the stated amount. However, Fondex does not charge any trading commissions, which is a significant advantage as it reduces the trader's costs. Not all brokers offer such conditions.
Account type Spread (minimum value) Withdrawal commission
Standard From $5 No

Since Fondex has only one real account, the company’s clients do not need to remember which conditions apply to their account. Everything stated on the broker's website and in this article applies to any trader who chooses to work with Fondex. Additionally, it's worth noting that some platforms may charge additional fees for fund withdrawals, but Fondex does not. Users can withdraw profits to their bank cards, crypto wallets, or through online payment systems without incurring any fees from the broker. However, it's important to remember that there may still be fees charged by banks or crypto wallets. The table below provides approximate trading fees of Fondex and its competitors, giving you an idea of how comfortable it is to work with this broker.

Broker Average commission Level
Fondex $5 Medium
RoboForex $1 Low
Pocket Option $8.5 High
Logo Fondex
$5
$1
$8.5

Detailed review of Fondex

The company uses a range of advanced solutions, including its copy trading service and automated trading with a customizable bot. Interestingly, if a trader has programming skills and can work with APIs, it won't be difficult for them to adapt all trading aspects to their needs. The broker allows for such customization, and moreover, the platform is designed to enable everyone to personalize their workflow. Additionally, the company doesn't limit itself to its developments. For example, the cTrader platform allows the integration of third-party bots, so if you have a Fondex account, you're not obligated to use cBot. even though it makes things easier. Furthermore, advisors in MQL4 used in MetaTrader can be converted into C# advisors to work in cTrader. If a broker’s client doesn't know how to do this, the technical support team will provide all the necessary guidance.

Fondex by the numbers:

  • Minimum deposit is $0.

  • More than 600 CFDs.

  • Average daily spread on the EUR/USD pair is 0.4-0.55

  • Maximum leverage is 1:500.

  • The minimum trade is 0.01 lots.

Fondex is a progressive CFD broker

Many companies exclusively deal with contracts for difference. Additionally, numerous traders prefer to trade CFDs. For them, CFDs must include not only currency pairs, which is the most common group. After all, the more instrument groups are available, the broader the trader's strategic opportunities and the more diversified their portfolio can be, thereby reducing trading risks. In the case of Fondex, there are no issues in this regard. The broker offers CFDs on currency pairs, cryptocurrencies, stocks, indices, metals, energies, and ETFs. This is more than enough for unlimited trading under favorable conditions. The company's other advantages make trading with CFDs even more convenient.

Fondex’s analytical services:

  • Fondex cTrader Copy. This is a typical copy trading service that allows signals providers to earn commissions from investors who profit without trading independently.

  • cBot. An auto-trading service based on a customizable bot. Traders can configure settings for the standard solution, integrate advisors from other platforms, or modify their bot.

  • FXStreet Economic Calendar. A service for fundamental analysis, based on a typical economic calendar but with additional features and filtering options.

Advantages:

1

This broker offers a wide range of assets with high leverage and practically no trading restrictions, allowing traders to work at their own pace and implement strategic decisions.

2

The platform is user-friendly for beginners due to its low entry threshold. There is no minimum deposit, and a free demo account is available for getting acquainted with the broker and practicing basic strategies.

3

The broker's website provides a smart economic calendar, built-in charts, newsfeeds, and asset analysis based on multiple parameters, offering a wide selection of tools for technical and fundamental analyses.

4

The copy trading and auto-trading services allow for alternative methods of earning besides active trading. These solutions are easy to learn, transparent, and highly customizable.

5

Traders can use either the desktop platform or the mobile application. The cTrader trading platform features an intuitive interface and is translated into most major languages.

Guide on how traders can start earning profits

When a broker offers multiple account types, choosing the right account has conceptual importance. However, Fondex only has one real account, so there's no need to choose in this regard. Similarly, the company’s clients don't have to choose among several trading platforms because they can only trade on cTrader. Therefore, the trader should first familiarize himself with the platform's conditions, including the official documentation. A link can be found in the FAQs section. Next, it's advisable to focus on the theoretical materials presented in the "For Traders" section. Attention should be given to copy trading and auto-trading, as these services can significantly enhance the earning potential for both beginners and experienced market participants. Afterward, the trader only needs to develop a successful strategy or copy the solutions of more experienced colleagues, simultaneously gaining unique experience.

Account types:

Account Type
Description
Demo
It is free and differs from a real account in that the trader operates with virtual currency, eliminating the risk of financial losses. However, there is also no profit involved.
Real
By opening such an account, the broker's client trades with real funds, benefiting from a spread starting at 0.5 pips without commissions. They have access to over 600 CFDs. Trading bots can be used.

Usually, traders start with a demo account. Professionals mainly use it to familiarize themselves with the platform, while beginners can practice their strategic decisions. Then, they move on to a real account, make a deposit, and start trading for real.

Investment Education Online

Information

Traders are only successful when they practice. However, in addition to regular trading, it is necessary to enhance one's theoretical knowledge. After all, the market is constantly changing, with some methods losing their effectiveness while others become trendy. That is why some brokers offer education to their clients, which can be provided through articles, video guides, webinars, and more. Fondex doesn't focus on comprehensive educational courses, but it provides an excellent collection of articles with a wealth of useful materials. The website also features a glossary, newsfeeds, and several other blocks that will be especially beneficial for beginners.

Information on the Fondex website
What is not on the Fondex website
FAQs on platform usage and trading platform
Most of the advice is focused on CFDs
Trader's glossary
No comprehensive courses
Articles on various trading instruments
Articles cannot be filtered by topic in the article section
Articles on specific trading strategies and styles

The broker offers a significant amount of materials that are relevant for newcomers. Experienced traders will find value in the newsfeeds as well as in the tools for technical and fundamental analyses.

Security (Protection for Investors)

Information

A broker can provide security guarantees only by officially registering and obtaining a license from a reputable regulatory body. The regulator must be a well-known and respected supervisory authority. Fondex is registered in Bermuda. This means that the company operates legally and transparently while fulfilling its obligations to its clients. If you want to further explore user opinions, be cautious with the platform hosting them, as reviews are often fake or promotional.

👍 Where can you go for help?

  • To the broker's technical support
  • Contact Traders Union’s legal department for free consultation and representation. It protects its members’ rights without charge.

👎 There is no point in contacting

  • A regulatory organization that does not monitor the work of this broker
  • A financial regulatory body outside Seychelles

Withdrawal Options and Fees

  • If a trader opens a demo account, they trade with virtual currency and do not earn profits.

  • When they register a real account, they engage in full-fledged trading and can generate profits.

  • At any time, the trader has the option to submit a withdrawal request from the active account balance.

  • To do this, they need to log in to their user account and use the corresponding option.

  • Current withdrawal methods include Visa, MasterCard, Sepa, ABSA, PayTrust, and B2B in Pay.

  • All limitations can be reviewed in the user account during the withdrawal request process.

  • The broker does not charge withdrawal fees, although third parties involved in the transfer may impose them.

  • Withdrawals usually take 1-3 days.

Customer Support Service

Information

Technical (customer) support is necessary for any broker, and its quality largely determines how confident a trader feels about the company they are trading with. The thing is, all users, regardless of their experience, sooner or later encounter situations that they cannot resolve on their own. And when they turn to customer support, it should meet certain criteria such as being accessible, responding quickly, and providing real solutions. If a trader is dissatisfied with the support, they quickly become disappointed in the broker and may switch to a competitor. To prevent this, Fondex offers customer service operating 24/5 and provided through key communication channels like a call center, email, and LiveChat.

👍 Advantages

  • Even without being a broker’s client, you can contact customer support
  • Managers work day and night without breaks on weekdays

👎 Disadvantages

  • Support is unavailable on weekends

If you intend to work with Fondex or are already a client of this broker, you can contact support using the following methods:

  • Call center;

  • Email;

  • LiveChat on the website and in the user account.

The broker has official pages on Facebook, Instagram, YouTube, and LinkedIn. You can also contact their support through these platforms. It is recommended to subscribe to the broker's profile on at least one of these platforms to stay updated on the company's events.

Contacts

Foundation date 2017
Official site
Contacts
Your capital is at risk. 
66.57% of retail investor accounts lose money when trading CFDs with this provider.

Review of the Personal Cabinet of Fondex

To initiate collaboration with the broker, it is necessary to register and verify on their official website. After that, you can open a demo or real account, deposit funds, download the trading platform, and start trading, as well as use integrated services and options. TU experts have created a registration and user account guide for your convenience.

1

Go to the broker's website. Click on "Start Trading Now" in the upper right corner.

Review of Fondex - Broker's website
Review of Fondex - Broker's website
Review of Fondex - Broker's website
Review of Fondex - Broker's website
2

Provide your email address (which will serve as your login), create and enter a password. Then select your country and provide your phone number. Click on "Open Trading Account".

Review of Fondex - Open Trading Account
Review of Fondex - Open Trading Account
Review of Fondex - Open Trading Account
Review of Fondex - Open Trading Account
3

Provide scans or photos of documents verifying your identity. Upload them using the corresponding feature in the registration section. Carefully review the instructions displayed on the screen. Once the upload is complete, click on "Next".

4

The verification process takes some time. Once it is completed, you will be able to access all the features of the user account. The first option you will need is "Deposit" to fund your account. Then download the cTrader trading platform and start trading.

Your Fondex user account also provides the following access:

  • Traders receive aggregated data on their active accounts and can view detailed information.

  • The user account provides functions for depositing funds and withdrawing profits.

  • Traders can view their transactions with status updates.

  • From the user account, you can access the copy trading service and the automated trading section.

  • The corresponding section offers various contact options for technical support.

Disclaimer:

Your capital is at risk.  66.57% of retail investor accounts lose money when trading CFDs with this provider.  CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
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FAQs

Do reviews by traders influence the Fondex rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Fondex you need to go to the broker's profile.

How to leave a review about Fondex on the Traders Union website?

To leave a review about Fondex, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about Fondex on a non-Traders Union client?

Anyone can leave feedback about Fondex on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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