“This company is rather good in regard of trading fees.
I've been using fixed account with the previous brokerage and can tell you, what they claim to be "no worries about floating spreads, that can widen all of a sudden" reflects on the equity in a bad sense. I'm not even speaking of executions quality for fixed accounts.
Anyway, that disaster is over now. Here they've got commission and spread approach for forex and stocks trading. Bitcoin has got no commission at all, just a spread of 3 bucks.
Not easy to get used to paying both spread and commission, but the final result is favorable for equity, especially if you are a daytrader.”
“Look, if you can find a broker that would offer:
a) CTrader connectivity
b) a lower than 3 bucks spread + 0 commission for bitcoin trading
c) more or less reliable recommendations and licenses
LET ME KNOW! In a meanwhile I’ll keep trading here for the above reasons. These are the best trading conditions that I was able to find under given parameters.Highly recommended for cTraders and cryptotraders!”
“Recommended broker!
This is finally the broker that does not make you choose between narrow spreads and fast executions, variety of assets and reliability, etc. All in one! 5 month together so far no issues!”
“Like that Fondex not in the mainstream with this annoying Metatrader. Mb that's risk, but brokerage already took it and seems it's win-win situation, both for broker and traders. What brokerage wins? cTrader is unique selling point that distinguishes it from competitors. To be fair, most part of brokers are the same MT4, ECN order execution, typical assets list. Fondex is different with cTrader. What traders win? It's cTrader itself for those, who don't like MT4. Metatrader is a great software, but it's not the only one in the world. cTrader has really great design that don't make you nervous, combined along with the same features as MT4, it makes it better, at least for me. Of course, there's some disadvantages like everywhere, but nevermind :)”
“Fodex provides 1 lot execution amount and that may sound not good, until you see that for the most popular assets the minimum lot is only 0.01. It's strong advantage of Fondex, you can trade common assets with low lot size and low minimum deposit. Brokerage has also demo-version and cryptocurrencies to trade with. What I don't understand - does fondex has regulations. CySEC has info that fondex has licension, but there's no single word on the official website, that seems curious.”
“What Fondex is really good for - trading with signals. cTrader (plartform that's used by Fondex) has built-in signals from trading central and they're 80% correct. It's good result and they're free, so you just should take them and use.”
“The broker is okay, there are some features to pay attention to, but overall okay. First of all, I didn't know that a broker does not use Metatrader 4, so it turned out that I got in a bit of a bad situation, because I had to study again. cTrader, the so called platform that Fondex uses, deserves attention, because it is the second most popular in the world. I don't see any sense in comparing MT4 and cTrader, both platforms have their advantages and disadvantages, but in general they are approximately equal. If you're interested in trading with cTrader, then Fondex has a significant advantage - I've compared spreads from different brokers that offer cTrader, Fondex has better trading conditions.”
“Finding a good broker is not that difficult I guess. There are many of those who have good spreads, proper license and quality service. However it’s not that easy to find a good broker if you’ve got some special requests like rare assets or if you use algorithmic trading approach. I give Fondex 5 stars for matching my individual needs (being friendly to algo traders). I’m sure a lot of other traders will appreciate cTrader as well, along with Fondex excellent trading conditions. At peak volatility spreads widen up, but if you don't trade at market opening, or at times of news releases, spreads can be nearly ignored.”
“If you are looking for a trustworthy broker, then I highly recommend Fondex. I was trading with a very well known one but wasn't pleased with charges and support. Fondex is transparent and you know what you pay. They also have some of the lowest spreads out there guys. They offer cTrader which is also full of tools that do help. Recently, I have also started experimenting with algo trading and the platform is amazing so far.”
