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Fondex Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-04-30 17:15

Abstract:Fondex provides traders with the Fondex Trading Account, offering a range of market instruments including forex, shares, indices, precious metals, energies, ETFs, and cryptocurrencies. Traders can access the advanced cTrader trading platform with the minimum deposit requirement of $25. However, Fondex is currently unregulated in Bermuda and the platform's inaccessible official website raises red flags regarding its reliability and trustworthiness.

  Note: Fondex's official website: https://fondex.pro/en is currently inaccessible normal.

FondexReview Summary
Founded2020
Registered Country/RegionAnguilla
RegulationUnregulated
Market Instruments600+, Forex, Shares, Indices, Precious Metals, Energies, ETFs, Cryptocurrencies
Demo Account/
LeverageUp to 1:100
Spread0.5 pips
Trading PlatformcTrader
Min Deposit$250
Customer SupportEmail: support@fondex.pro
Social Media: Facebook, Instagram, Youtube, Linkedin

Fondex Information

  Established in 2017 and headquartered in Hamilton, Fondex is a multi-asset online brokerage offering Contract for Difference (CFD) trading across various asset classes. Fondex provides traders with access to over 600 instruments, including forex, cryptocurrencies, stocks, indices, commodities, ETFs, and precious metals.

Fondex Information

Pros & Cons

ProsCons
Multiple market instrumentsUnregulated
Swap-free account availableHigh minimum deposit requirement
cTrader offeredUnfunctional Website

Is Fondex Legit?

  Fondex is not an unregulated platform, which makes it risky to trade on this platform.

Is Fondex Legit?

What Can I Trade on Fondex?

  Fondex offers traders access to a diverse portfolio of 600+ trading instruments across multiple asset classes, including forex, cryptocurrencies, stocks, indices, commodities, ETFs, and precious metals.

Trading AssetAvailable
forex✔
metals✔
ETFs✔
indices✔
energies✔
stocks /shares✔
cryptocurrencies✔
commodities❌
options❌
funds❌
ETFs❌

Account Types

  Fondex provides several account options tailored to different trading styles.

  • Standard Account: Minimum deposit of $250, offering spreads starting from 0.5 pips.
  • Professional Account: Designed for experienced traders, with reduced commissions.
  • Crypto Account: Focused on cryptocurrency trading.
  • Investor Account (Prop): For active investors, including those engaging in pattern day trading (PDT) strategies.

  The broker also offers swap-free accounts upon request, which is for traders who require Islamic trading conditions.

Leverage

  The leverage varies on this platform based on the account levels.

  For a standard account, the leverage is up to 1:30; meanwhile, the leverage is higher when it comes to a professional account.

  For a crypto account, the leverage could be up to t.

Trading Platform

  Fondex utilizes the cTrader platform, which is known for its user-friendly interface and advanced trading features. The platform supports manual trading, automated trading via cBots, and copy trading functionalities.

Trading PlatformSupported Available Devices Suitable for
cTrader✔Desktop/
MT5❌Desktop, Mobile, WebExperienced trader
MT4❌Desktop, Mobile, WebBeginner
Trading View❌Desktop, Mobile, Tablets, WebBeginner

Deposit and Withdrawal

  Fondex supports various funding and withdrawal methods, including:

  • Bank Wire Transfers
  • Credit/Debit Cards
  • E-wallets: PayPal, Neteller, Skrill

Related broker

No Regulation
Fondex
Company name:Fondex Global Limited.
Score
1.93
Website:https://fondex.pro/en
2-5 years | Suspicious Regulatory License | cTrader | Suspicious biz area
Score
1.93

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