“And I immediately got interested in the passive format, because I can not yet trade in person.
It turned out that you can work here by copying positions of other traders. At the same time, you choose all the settings yourself.
And you know it works! I didn't expect it myself, but it really does!”
“Good that this brokerage has no restrictions, I'm scalper and many brokers restrict me, so I can't use my strategy wholly. With cTrader I can reveal my potential 100% and that help me arn more. You can open as much trades as possible and that's great.”
“I started working with Fondex recently, but I already have some review to write about its work.
What surprised me most about my brokerage is that it doesn't charge any deposit and withdrawal fees at all. This is very cool and convenient, because you always know how much you will deposit into your account.
Also the broker has worked very well on the automation of its clients trading, in its work there are about 70 different indicators available and you can copy the strategies of other traders.
So I can totally write that Fondex trading conditions are just fine. The only thing that slightly ruined the impression of the broker is that there is no MetaTrader 4 or 5. The brokerage works with cTrader.
It is also convenient and not complicated, but you need to spend some time to get used to the new platform, which is a little inconvenient. But even if it is, because of such a small thing, I didn't treat a broker worse or consider it bad.
It has something to share and what to offer, which makes your trading experience even more diverse. Although I haven't learned a broker so well yet, as not enough time has passed. But I already know that I'll continue to trade with it, I don't even want to look for another broker.”
“In general, my opinion is more positive than negative, although there are a few points that I do not like about Fondex.
First of all, I don't like cTrader very much, many people praise it and even say it's better than Metatrader, but I'm more conservative about it. Yes, spreads are really very good here, I can even call them 'tight' but spreads aren't the only thing you should pay attention for while choosing a brokerage.
What I don't like is the offshore regulation. Yes, Fondex has CySEC regulation and that's why I don't understand why a company has offshore regulation as well.
Also, there are literally a few opportunities to learn, so keep it in mind.
By the way, scalping is allowed there so it can be another point that can make trading better, so just keep it in your mind. I'm scalping and I like there are no restrictions.”
“Nice trading fees indeed. First I didn't like the commissions, but comparing to other brokers who cahrge enormous spreads, that's a great approach.
Yes, and other trading conditions here are favorable, there is copying, automatic trading strategies are allowed - I think that this is quite promising in our time.”
“There are some advantages that made me trade with this brokerage
First of all, I mean tight spreads. Combined with regulation, that's the best offering on the market
Secondly, automated trading strategies and scalping allowed, so I can try different strategies and trading patterns to choose the best way to earn money.
And the last one, there is wide range of assets to choose from.”
“I was looking for a broker for copy-trading and this broker was one of the obvious and best choices. Compared to other companies, a broker has several advantages.
Firstly, the broker has CySEC regulation, so we can trust to trade with this broker.
Secondly, the broker offers to trade with the cTrader trading platform. I have read many reviews and most traders place cTrader even higher than MT4.
The third one is copy-trading itself. This is a great way to make money with a passive investment. cTrader copy-trading allows you to customize your strategy settings and choose the strategy that suits your needs.”
“I liked their cTrader trading terminal, because there are low commissions - an average of $2.5, and there are rarely slippages or delays. And hedging is allowed here, so if you prefer non-standard approaches, you will certainly like it. Withdrawals are fast here.”
“I like that in trading you can choose what you like, there are many different directions, among which each person can find something that allows to realize his knowledge, potential and what will correspond to your rhythm of life and your wishes.
And it is really possible to understand it thanks to your brokerage company, which provides you with access to various services, functions, analytical data that will help you to understand the market and its opportunities.
I think that Fondex is the company that really does a good job.
In fact, I have heard about this company from reviews that were quite detailed and informative (thanks to the traders who do not spare their time). And as time went by, I was able to see for myself that it was real.
And today I would like to write myself about those things that can help to adapt to the market and that are present here.
1. There are more than 1000 assets here, you can make different investment portfolios.
2. There's a demo here so you can adapt to the main trading terminal.
3. There are daily trading signals here - available for everyone.”
“I'm trading with cTrader automated trading, as for me that's the easiest (we can call sth in trading to be easy) way to earn money. Everything I need is just to programm a cBot (to be fair, I don't program them myself) and run trading. Algorithms analyze many indicators and they're more accurate than human trading (at least they don't have emotions). The only thing I dislike - there's no mobile app for automated trading.”
“I came to Fondex for this copy-trading platform because I can't trade on my own and Fondex copy-trading is my only way to make money.
However, I've noted some disadvantages. Fondex uses the cTrader platform, it's a good platform that allows you to trade and even use your own algorithms. Fondex Copy is cTrader Copy, the broker uses a copy trading system developed by cTrader. Everything is fine, but in the strategies rating there are not only traders who trade with Fondex, but also traders who trade with other brokers.
I think the shortcomings are quite obvious. When you choose a strategy to copy, you cannot be sure that this broker is trading with Fondex.
In other respects, Fondex is a good broker, especially when compared with other cTrader brokers. I liked that spreads are on average 10-20% lower than those of other cTrader brokers.”
“The broker is an algorithmic trader's paradize!
I've never seen better trading fees for cTrader + they allow cBOts and allow scalping with no limitations. Sometimes brokers say they allow scalping, but when it comes to facts, their understanding of scalping is limited to trades lasting over 1-2 minutes but less than 15 minutes. Here there are no limitations at all, which is an excellent opportunity.”
“First I though that brokers that charge only spread and zero commissions were preferrable. Yet, it turned out that this is the most favorable system that they have here. Most importantly the spreads don't get much wider during the active US trading session, which makes the whole idea beneficial for scalpers.”
“Good cTrader brokerage. Many traders prefer MT4/MT5, but I would rather choose another platform. As on my own opinion, the best platform that can compete with MT is cTrader. It support cBots (something like Expert Advisors) and they're easy to launch (you can create your own if you have skills). Algotrading also allowed, as well as scalping (but I'm not scalper)”
“I swear these guys offer one of the best trading conditions for cTraders. 5 bucks per round (forex) + a tiny spread (0.1-0.3 pips). Stocks trading is also not that expensive. The list of stocks might be missing some interesting companies, yet, there are enough to choose from in any case.”
“It was a challenge for me to leave Metatrader 4, but I wanted to switch to cTrader. Fondex seemed to be a really good choice, especially because the company offered "spreads as low as 0 pips". Feedback about the company was also positive and the company promised many cool things on the official website. My experience was not as stunning, but it was positive in general. That's what I mean:
1. Spreads are really lower than the market average. It is especially noticeable in comparison with other cTrader brokers (usually cTrader brokers have higher spreads than other brokers).
2. Spreads can be viewed online, even if you aren't registered. This has almost no real practical use, but demonstrates the brokerage openness.
3. Many assets, I didn't feel any disadvantage.
4. Scalping is available, I very rarely use scalping, but about once every 2 months I switch to scalping for a couple of days, it helps to cope with emotions.
5. There is automated trading, but it's available exclusively in cTrader Web.
Separately, it should be said about cTrader. IMO, it's better than MT4.”
“I believe that a trader should be as organized as possible and think through every step of his or her life, because the market does not tolerate approximation. What can be done to cope with this?
1. Find a normal broker. And if you're already here, that's fine.
2. Seriously practice the demo to decide on the strategy and the approximate income.
3. Deal with the instruments. For example, here you can use more than 70 indicators and customize the chart using 26 different timeframes. And of course another good news is that there are floating spreads from 0 pips, so you can try everything and choose the best for yourself.”
“In general it's good brokerage, but with its own 'shortcomings'. The main problem - cTrader. I mean that platform is great, but most traders are used to Metatrader, so it will take time to adjust and, as we know, time is money =)
Also there are some minor problems, for example I got answer for all my questions only after my second contact, first time they didbn't reply all of the questions, had to duplicate the ones they ignored from the first message.
Company is regulated with CySEC and offers nice features (they even promise the lowest spreads in the industry), but I deided to chill and wait =)”
“The broker is definitely very favorable, especially if you scalp like I do.
The spreads are simply the best for cTrader traders. Most of the brokers have got $50 spread for Bitcoin. Here it is only $10 spread + ZERO commission.
This is what I call execellent trading conditions. Executions are also nice too, not even speaking of of the platfrom. cTader was actually the reason #1 to choose this particular brokerage.”
“The broker has got the most favorable trading fees IMO and fair policy. I like they don't have all those VIP account. Same low fees and quality service for all account types. No prejudices against small-capital traders.”
