At first, I really didn't like the fact that Fondex has an offshore registration. At first, I even changed my mind about opening an account here. But then I read the reviews about the brokerage, and I realized that offshore registration is not really a problem, because the broker has a CySEC regulation and there is a difference between registration and regulation. And that makes up for this broker disadvantage. The trading conditions here are very favorable, and the broker has never let me down in half a year of my trading with it.