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General Information
FONDEX Claims To Be An Online Forex Broker Registered In The Seychelles. It Provides Clients With A Range Of Trading Tools Covering Forex, Stocks, Indices, Precious Metals, Energy, ETFs, Cryptocurrencies. The Maximum Trading Leverage That Can Be Used Is 1:500.
Provisions
FONDEX Is The Trade Name Fondex Limited. And This Broker Says That It Holds A License Authorized By Cysec, As Well As A License Authorized By Fsa. However, FONDEX When We Look At The Detailed Regulatory Information, The Regulation Is Completely False.
In The Regulatory License, It Is Clearly Stated That The Licensed Institution Is Topfx Ltd, And The Website Of The Licensed Institution Is Www.topfx.com, Which Has Nothing To Do With FONDEX.
Market Instruments
Investors Can Trade On The FONDEX Platform In More Than 80 Currency Pairs, More Than 900 Global Stocks, Crude Oil And Natural Gas, 15 Major Indices, Precious Metals And Exchange Traded Funds.
Minimum Deposit
FONDEX Offers A Single Trading Account For All Investors, And There Is No Minimum Deposit Requirement, Which Is A Good Option For New Traders.
Leverage
The Maximum Available Leverage For Major Currency Pairs In Forex Is 1:500, Precious Metals, Energy And Indices Are 1:100, CFDs For Stocks Are 1:20, ETFs Are 1:10, And Cryptocurrencies Are 1:30.
Spreads And Commissions
Spreads Start At 0.0 Pips, While The Average Spreads For EUR/USD And GBP/USD Forex Pairs Are 0.28 And 0.71 Pips, Respectively. Forex Commissions Are $2.50 Per $100,000, Stocks Are $0.01 Per Share (minimum $1), Crude Oil And Natural Gas Are $2.50 Per $100,000, Metals Are $2.50 Per $100,000, And Exchange-traded Funds Are $0.01 Per Share (minimum $1).
Trading Platform
FONDEXctrader Can Execute Orders In Milliseconds. Traders Can Make Informed Decisions Using The Trading Center's Intelligent Market Analysis Tools, Real-time Sentiment Data And In-platform Market Insights, Which Are Easy To Use And Navigate. FONDEX Ctrader Is Designed For The Needs Of Real Traders, With More Than 70 Technical Indicators, 26 Timelines, And 4 Chart Types Built Into The Trading Platform, Providing Traders With A Superior Trading Environment.
Deposit And Withdrawal
FONDEX Offers Traders A Wide Range Of Deposit And Withdrawal Channels, Mainly Visa, Mastercard, Maestro (for All Currencies), Sepa Wire (for Euros), Webmoney (for Euros, Dollars), B2b In Pay (for Bitcoin, Litecoin, Bitcoin Cash And Ether), Paytrust (baht, Dong, Myr And Idr), Paymero (baht, Dong, Myr And Cny), Eps (baht), No Fees For Deposits In And Out.
Trading Hours
FONDEX Trading Hours Follow Standard Market Opening And Closing Times. Therefore, Forex Trading Hours Are From 22:00 GMT On Sunday To 22:00 GMT On Friday. Metals Are Open From 23:00 GMT On Sunday To 22:00 GMT On Friday. Stock Indices And Stocks Follow The Opening Hours Of Their Respective Market Business Hours.
Customer Support
Customer Support Is Located In Cyprus And Provides Support During Working Hours In Multiple Languages. It Is Available In English, French, Russian, Greek And Arabic Via Online Chat Box And Phone Support 24/5 - + 357 25028079.
Frequently Asked Questions
Is This FONDEX Regulated?
Without This FONDEX Broker Is Just A Clone Broker Pretending To Be Regulated.
The Role Of Trading Instruments FONDEX Offers?
FONDEX Offers Over 80 Currency Pairs, 900 Global Stocks, Crude Oil And Natural Gas, 15 Major Indices, Precious Metals As Well As Etfs.
What Is The Minimum Deposit Requirement For FONDEX?
FONDEX Does Not Require A Minimum Deposit To Get Started.