FONDEX Review: Do Traders Really Face Inflated Spreads & Withdrawal Issues?
Abstract：Does FONDEX charge you spreads more than advertised to cause you trading losses? Does this situation exist even when opening a forex position? Do you witness customer support issues regarding deposits and withdrawals at FONDEX broker? Does the customer support official fail to explain to you the reason behind your fund loss? In this article, we have shared FONDEX trading complaints. Read on!
Does FONDEX charge you spreads more than advertised to cause you trading losses? Does this situation exist even when opening a forex position? Do you witness customer support issues regarding deposits and withdrawals at FONDEX broker? Does the customer support official fail to explain to you the reason behind your fund loss? In this article, we have shared FONDEX trading complaints. Read on!
Top FONDEX Trading Complaints
Inflated Spreads Make Traders Lose Capital
FONDEX forex management is often accused of driving manipulative trade practices by charging more spreads than advertised. According to a trader, FONDEX manipulated his account settings by charging spreads or markups seven times more than even when opening a position. The changes to the account setting is alleged to have resulted in losses worth $15,000 for the trader. Frustrated by the illegitimate losses, the trader reported the incident on WikiFX, the worlds leading broker regulation inquiry app.
No Reason Provided for the Heavy Trading Loss
A trader admitted having incurred a huge loss trading with FONDEX forex broker. However, whats saddened him more is the lack of an exact reason for the loss. Left utterly disappointed with the overall FONDEX trading experience, the trader shared this review of the broker.
Poor Customer Support Service Hurts Traders Further
While trade manipulation and subsequent fund scams have been halting traders‘ journey at FONDEX forex broker, the poor customer support service concerning deposits and withdrawals bothers them even more. Traders accuse the broker of failing to respond to their email queries. Here are multiple screenshots explaining how poor the broker’s customer support is.
The Lack of Effective Technical Analysis
A trader admitted that FONDEX forex broker recently updated its cTrader platform, preventing its clients from leveraging TradingCentral data. Further, the trader conceded that AutoChartist, used as of now, does not offer data insights as comprehensive as was the case with TradingCentral on the FONDEX trading platform. The lack of critical data insight forces the trader to share a slightly negative FONDEX review.
WikiFX Shares the FONDEX Review: Score & Regulatory Status
The complaints around trade losses, poor customer support service, and the lack of robust trading tools made the WikiFX team investigate FONDEX forex broker on several aspects, including its regulatory status. The investigation revealed that the broker has a suspicious regulatory license, potentially answering the reason behind traders losses. As a result, the WikiFX team gave FONDEX a poor score of 2.11 out of 10.
Stay updated about the forex brokerage landscape by joining any of these special chat groups (OIFSYYXKC3, 403M82PDMX or W2LRJZXB7G) by following the instructions shown below.
Read more
IVY MARKETS Exposure: Traders Allege Illegitimate Fees, Blocked Withdrawal Orders & No Refunds
Did IVY Markets deduct unfair fees from your deposit amount? Has your forex trading account been deleted by the broker on your withdrawal request? Failed to withdraw your funds after accepting the IVY Markets deposit bonus? Did the broker fail to address your trading queries, whether via email or phone? Such issues have been affecting many traders, who have expressed their displeasure about these on broker review platforms. In this IVY Markets review article, we have investigated some complaints. Keep reading to know the same.
Zenstox Review: Do Traders Face Withdrawal Blocks & Fund Scams?
Does Zenstox give you good trading experience initially and later scam you with seemingly illicit contracts? Were you asked to pay an illegitimate clearance fee to access fund withdrawals? Drowned financially with a plethora of open trades and manipulated execution? Did you have to open trades when requesting Zenstox fund withdrawals? You have allegedly been scammed, like many other traders by the Seychelles-based forex broker. In this Zenstox review article, we have investigated multiple complaints against the broker. Have a look!
Smart Trader Exposure: Login Glitches, Withdrawal Delays & Scam Allegations
Did your Smart Trader forex trading account grow substantially from your initial deposit? But did the forex broker not respond to your withdrawal request? Failed to open the Smart Trader MT4 trading platform due to constant login issues? Does the list of Smart Trader Tools not include the vital ones that help determine whether the reward is worth the risk involved? Have you witnessed illegitimate fee deduction by the broker? These issues have become too common for traders, with many of them criticizing the broker online. In this article, we have highlighted different complaints against the forex broker. Take a look!
Investing24.com Review – Can Traders Trust the App Data for Trading?
Does trading on Investing24.com data cause you losses? Do you frequently encounter interface-related issues on the Investing24.com app? Did you witness an annual subscription charge at one point and see it non-existent upon checking your forex trading account? Did the app mislead you by charging fees for strong buy ratings and causing you losses? You are not alone! Traders frequently oppose Investing24.com for these and more issues. In this Investing24.com review article, we have examined many such complaints against the forex broker. Have a look!
WikiFX Broker
Rate Calc
