“The trading conditions here are quite specific, especially for conservative traders.
First of all, Fondex offer just one universal account. Brokerege's position it as an advantage, but I find it as a downside because it's not good not to have a possibility to choose between several accounts with different parameters, such as execution (market or instant), spreads (fixed or floating).
Moreover, they offer only one platform cTrader, especially for those used to trading with Metatraders.”
“I am happy with the choice of the broker. Before Fondex, I tried different brokerage companies, platforms and trading tools. I have always been puzzled by the incomprehensible conditions of other brokers. With the same company, the opposite is true.
I like their trading conditions, they are really good. I think this is the first broker with whom I cooperate with such a specific approach to trading.
Today, a huge number of brokers offer several trading platforms and accounts. Fondex suggests the opposite. There are not many trading accounts and platforms here. Instead, the broker only opens one trading account. The company positions it as a very versatile solution. Of course, if you are an experienced trader who has used several accounts for tens of thousands of hours, you will most likely not be used to it and even very uncomfortable. But, if you are a novice trader, then this broker is just right for you! It will be easier for you to work with one account without wasting time on others. Thus you will gain several times more experience and practice than having several accounts.
Also, the more I delved into cTrader, the more I liked this platform.
I've met good brokers, but this one is probably the best. Fondex has some advantages that overshadow its minor disadvantages.”
“I joined this brokerage company because I found its trading conditions ideally suitable for cryptocurrency trading. The company doesn’t charge a fee for trading these popular assets, while spreads are fairly low.”
“This brokerage service is to my liking.
This broker attracted me with good trading conditions. I often scalp and therefore low spreads are important for me. I found that here. In addition to this, the company offers to trade digital coins and indices without commission. I hope they will make commission-free trading for currencies at least major ones soon.
The broker doesn’t delay withdrawals. So, it has gained my trust.”
“At this company, I like the trading conditions for clients. There are no extra fees, which usually hurt my pocket.
There are also no minimum deposit requirements. There are no hidden fees and charges.
By the way, the spreads and commissions are lower than average for cTrader.”
“I joined this broker last month. I did it because I found their trading conditions really good. That’s probably the first broker in my life that offers such a specific approach to trading.
You know that today a great number of brokers offer several trading platforms and accounts. This broker offers the opposite thing. Here you can’t find a lot of trading accounts and platforms. Instead, the broker comes up with the only one trading account. The company positions it as a very universal solution. First, it puzzled me but then I realized that it’s not so bad. Afterall, the main thing is that how good at forecasting the market I am.
Furthermore, the more I dug deep into cTrader, the more I appreciated this platform. It turned out that it offers more timeframes than Metatraders. Moreover, the number of supported technical indicators is even much bigger.
So, I realized that this broker is advantageous and my trading with it proved that I made the right choice. The broker doesn’t try to prevent me from entering the market at the chosen price and I appreciate it.”
“Frankly speaking I was extremely surprised by commissions and spreads of this broker because everything in the range of 10 dollars - and that's very rare. Nowadays most companies offer much less loyal conditions.”
“This company has all the necessary conditions for professional trading. I mean really professional trading, not just a push-button one. Let the beginners do that. And I'm more interested in something more advanced and profitable.”
“In my opinion brokers can offer some special services or features but in the end of all, what everyone really is interested in, are tight spreads and lowest possible commissions.
In this regard Fondex is difficult to compete with. I can't give you the exect numbers for spreads, as they are variable here. Spreads are the same for any account type. Actually, there are no account types here. The trading conditions are same for every trader regardless of the size of the capital he trades with. I like this and I think this is fair. Back to the point, for major currency pairs spreads normally move around 1 pip during the normal trading hours. You can find the actual diagrams of spreads volatility at Fondex spreads transparency page.
Withdrawals and deposits are available with several payment methods including Paypal which is really convenient.”
“I am still convinced that Fondex is more of a solution for experienced traders, because there are no significant educational opportunities. But if you are already familiar with the market and you already own at least a couple of working strategies, then you will definitely like it here. Because everything here is organized precisely so that you can fully concentrate on trading and not worry about any technical features. But most importantly, Fondex offers minimal fees. Well, not entirely minimal - on average from 1 to 10 dollars - but I think that you will definitely agree with me that these are not at all the amounts that you should worry about. So here you can really start actively working with a large number of assets, including cryptocurrencies, which are now very popular and are included in almost every investment portfolio. Luck is definitely on our side.”
“My trade with this company exceeded all expectations. And I'll tell you why.
The terminal is very convenient. It has advanced analytics from Trading Central's experts right there.
You can see the key levels or read about where the pivot points are. In general, there is a lot of useful things here.”
“I appreciate their trading conditions for cryptocurrency. I really find them exclusive. They probably provide a very attractive spread for BTC - no more $10. Many other brokers comes with a five-time bigger spread for this asset. Besides this, here you can trade BTC without commission.”
“I stuck with Fondex because they offer best trading fees for cTrader platform. That simple! I've checked a dozen of top brokers that support cTrader. This one is the only that offeres such favorable rading conditions and transparent fees.”
“My experience in trading is just under a year. I decided to approach the preparation thoroughly. I've read many reviews about different brokerage companies. So on one of the forums, I found a mention of Fondex.
This company stands out among the other two main points.
1. There is a high-quality platform with a lot of professional services. There is a built-in Economic Calendar for each asset in cTrader. This means that you don't just watch when the news comes out. You see how the asset reacted to a speech by the head of the Central Bank. Or you can see how the publication of reports impacts it.
2. There are low costs for traders here. The maximum spreads I saw on EUR/USD were at 0.5 pips. But most often, they are kept at the level of 0 pips. This happens in liquid time, during the European session. By the way, I don't recommend trading immediately after the session opening. As there may be sharp price movements during this time.
I'm glad that I once found Fondex reviews on the forum.”
“I appreciate the humanly attitude towards customers, because it always matters.
A couple of weeks ago was the day of my first withdrawal and I was so excited. But I couldn't do it, something happened to my computer and I contacted the company's support team and the guys helped me, helped me update my browser and fix everything. And I received money in time. Thank you so much!”
“Actually, that broker got my trust, so I think it deserves a review.
First of all, there's brand new trading platform, not MT4/MT5. And I like the opportunity to use sth new. cTrader is much better, imo in all regards. It offers copy-trading opportunities and much easier-to-program EAs analogue, called cBots.
Another advantage is scalping allowed. I'm not full-time-scalper, but I'm trying it time-to-time, so that is nice feature. I know a lot of brokers that restrict scalpers..
So if we speak about my experience - I've completely enjoyed the brokerage.”
“I really enjoyed my experience with Fondex. I liked the opportunity to trade some financial instruments without commision. To be exact, commision-free trading is possible with indices and digital coins. Besides this, I was very impressed by the ultimate performance of their cTrader terminal. I like it more than Metatraders or any other trading platform.”
“I trade Bitcoin at Fondex. After his last rally, I was finally convinced of the right broker. Because the spread on Bitcoin is very tight here. A saw spread up to 10$. While on many other platforms, it can reach 30-50 dollars. It's a significant difference for traders. Because the costs are essential in your trading plan.”
“Almost three dozen timeframes, several dozens of modern technical indicators - this is exactly what drew my attention to this company and allowed me to organize my work more accurately.”
