Fondex Review

Alyaziah Hayat | March 28, 2022

Fondex is an online trading broker that offers over 1,000 financial instruments across multiple tradable assets, such as forex, indices, shares, metals, energies, ETFs, and cryptocurrencies. They provide traders with the intuitive cTrader trading platform, along with a generous selection of useful trading tools such as Trading Central and Autochartist.

Broker Pros / Cons
  • Offers over 1,000 trading instruments across 7 asset classes
  • Sophisticated cTrader platforms
  • Trading Central
  • Autochartist
  • Trading tools & educational materials
  • No US clients
  • Limited trading account options
  • No MetaTrader platforms


Based in Seychelles, Fondex is an established trading broker that provides clients with the cTrader trading platform for trading forex, indices, shares, metals, energies, ETFs, and cryptocurrencies. The broker offers competitive trading conditions to help you execute your trading plan efficiently, offering rapid trade executions and tight spreads starting from 0.0 pips. They are fully regulated and provide clients with secure deposit and withdrawal methods, as well as a dedicated 24/5 multilingual customer support team.

The broker has been recognized with several industry awards in honor of its excellent brokerage services, including the ‘Best cTrader Broker’ at the Forex Awards 2020, Best Trade Execution, which was awarded by WorldFinance in 2018, and many more.

Fondex Broker Awards

Fondex Broker Awards


Fondex is a trading name of TopFX Ltd, which is registered as a Cyprus Investment Firm (CIF) with registration number HE 274180. The broker is licensed by the Cyprus Securities and Exchange Commission (CySEC), under license number 138/11, and they must comply with the Markets in Financial Instruments Directive (MiFID II).

Fondex Limited is a company registered under the Laws of Seychelles and is licensed by the Financial Services Authority (FSA) of Seychelles with a Securities Dealer License No: SD037. Fondex states that they keep client funds with tier-1 global banks in segregated accounts.

Fondex states specifically that it does not provide services to residents of the United States of America, Japan, North Korea, Iran, Belgium, Canada, and other countries whose domestic regulations classify such investment offerings as prohibited.



Fondex provides traders with the cTrader platform; it is engineered to provide traders with optimal execution speeds and satisfy even the most demanding trader. Fondex cTrader is a powerful platform for manual trading.

The cTrader trading platform is available as a desktop application for Windows and Mac computers, a web version that runs directly on most modern web browsers and operating systems without the need to download or install any additional software, and mobile apps that are compatible with Android and iOS devices. The mobile apps can be downloaded free of charge from the relevant app stores and are beneficial for traders who wish to manage their accounts and place trades with their mobile devices on the go.

Fondex cTrader Platforms

Fondex cTrader Platforms

With the platform, you can access the market in three different ways:


This is the cTrader functionality that is designed specifically for manual traders. It has professional analysis and charting tools that help you analyze the markets with precision and ease, provide multiple options for order executions, and enable you to monitor and modify orders. It also has advanced risk management tools that enable traders to lock in profits and place stop losses.


This is an algorithmic trading functionality, which can be useful for both novice and experienced traders. Clients can use cBots to fully automate their trades or build their own robot using the broker’s inbuilt code editor.


The copy feature of Fondex cTrader allows you to copy the tested strategies from other traders. It enables traders to simplify their trading while offering access to a wealth of performance analysis, history, and reporting tools for making informed decisions. It should be strongly emphasised that there are absolutely no guarantees on how these signals will perform. You should have a clear understanding of all the significant risks involved with trading online.

Fondex Platforms

Fondex Platforms


Fondex has a range of trading tools to assist traders in making their trading decisions. They include daily signals from Trading Central and in-depth market analysis from Autochartist, as well as hundreds of strategies to copy via the Fondex cTrader copy. These leading tools and services can help traders to conduct their daily trading activities with relative ease.


Fondex provides traders with a vast array of educational resources, which help to improve their overall trading skills and knowledge, as well as update them about the factors that move the markets. The educational resources include:

News & Webinars

The broker’s website has a news portal, which has the most up-to-date and detailed information on the latest news, products, promotions, services, and events. The broker also organizes online webinars which are aimed at improving the overall trading knowledge of the clients.


There is a frequently asked questions section on the broker’s website that offers instant answers to some common questions traders may have.

Educational Articles

The broker’s website has a good selection of educational articles covering a range of topics, including forex market research and breaking financial news. It offers traders the latest updates to shape up their technical analysis and better inform their strategies.

Fondex Educational Articles

Fondex Educational Articles


The broker offers over 1,000 financial instruments across 7 asset classes, including forex, indices, shares, metals, energies, ETFs, and cryptocurrencies. The forex pairs available with this broker include EURUSD, EURJPY, USDTRY, and other major, minor, and exotic forex pairs. Clients are able to diversify their investments with the broker’s selection of shares CFDs, Apple, BMW, Amazon, and over 900 global shares.

Energies such as Natural Gas, Light Crude Oil, and Brent Crude Oil are available as instruments for short-term and long-term trading. Fondex offers the leading indices, such as NASDAQ, DAX, and the FTSE for trading, as well as precious metals, such as Gold, Silver, and Palladium.

Fondex Instruments

Fondex Instruments


Fondex offers a single trading account: it features competitive trading conditions, multiple options for standard and advanced order management, raw interbank spreads, and dynamic commission starting from $2.5 per side ($5 per round turn). There are also tools for enhancing your trading efficiency. Over 1000 instruments can be traded using the trading account. It requires no minimum deposit to start trading, and it allows one-click trading, hedging, and has negative balance protection.

Demo accounts are also available. These can be beneficial to beginner traders who need to test out the broker’s trading platforms and their trading strategies before going live. The demo accounts come preloaded with virtual funds for traders to practice risk-free trading.

Swap-free Islamic Accounts that comply with the Sharia law are also available upon request.


The broker offers clients professional customer support services. The support team is multilingual and they are available 24/5 to provide clients with the necessary assistance they may need. They can be reached through an online chat that is available on the broker’s website, as well as via email and telephone. The customer service team is also available on Social media: Facebook, LinkedIn, Instagram, and YouTube.


Clients can deposit and withdraw funds through the following payment methods:

  • Bank Wire Transfer
  • Credit/Debit cards such as Visa, MasterCard, and Maestro
  • E-Wallets, such as Web Money, Multi Banco, GiroPay, Sofort, Euteller, Przelewy, and more.

Deposits are credited instantly, whereas withdrawal requests are processed within 24 hours; it may vary with the payment method used. Fondex does not charge any fees for withdrawing your funds, but your payment provider may charge you transaction fees. All withdrawals must be made via the same method you used to deposit.

The broker supports various currencies, such as EUR, USD, CAD, CHF, RUB, AED, and many more. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.

Please note that some payment methods may not be available to specific countries. If any abuse of the deposit and withdrawal process is detected, Fondex reserves the right to charge the account holder the processing fees incurred by their method of payment.

Fondex Deposit & Withdrawal Methods

Fondex Deposit & Withdrawal Methods


Opening an account with Fondex is simple and involves three simple steps: Firstly, click on the ‘Open Account’ icon on the broker’s website and fill in your email, password, and phone number.

Next, provide more information about yourself and upload verification documents, including your proof of identity and proof of address.

Finally, launch the platform and fund your account. Once your account is funded, you can begin trading immediately or when you feel ready to do so.


Compare Broker (vs Our Top 3 Brokers)
Broker FeaturesAvaTradeIGIC Markets
CountryAustralia, Ireland, South Africa, Japan, British Virgin IslandsAustralia, UK, USA, Switzerland, UAE, Singapore, JapanAustralia, Seychelles, Bahamas, Cyprus
Min. DepositMin $250 DepositMin $100 DepositMin $200 Deposit
CommissionFrom $0From $0From $0
InstrumentsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFsForex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs
PlatformsMetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, MobileMetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, MobileMetaTrader 4, MetaTrader 5, cTrader, Web, Mobile
TypeMarket Maker, STPSTP, ECN, DMAECN
FundingWire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, SkrillWire Transfer, Credit/Debit Cards, PayPalWire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli
Visit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit Broker


Overall, Fondex is a regulated online trading broker that offers over 1,000 instruments for trading via the cTrader trading platform. They offer reasonable trading conditions that help you execute your trading plan efficiently including reliable trade executions with minimal re-quotes, low spreads starting from 0.0 pips, and no initial minimum deposit to commence trading. The broker also has a generous selection of trading tools and educational materials to aid traders of all experience levels. The broker has also won several industry awards since its inception, and they are authorized by renowned regulators.

Fondex Logo

Min $1 Deposit

Fondex is an online trading broker that offers a wide range of tradeable assets across multiple markets including Forex, Shares, Indices, Metals, Energies, ETFs & Cryptos. The broker offers the intuitive cTrader platforms & variety of trading tools.

80.69% of retail investor accounts lose money when trading CFDs with this provider.

About the Author

Alyaziah Hayat
I had previously been forex trading for about 2 years and I now mainly focus on writing forex-related content. I also deal with cryptocurrencies and other financial assets in this industry. I've dealt with several brokers, assets, EA robots, and everything that this industry has to offer.

Review Methodology

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You can read more about our review process.


If you like our reviews and find them useful, please feel free to share them on your socials as this can help us to continuously improve the website and for traders to find a suitable broker.

Leave a Reply