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Fondex Reviews

3.8 Rating 205 Reviews
75 %
of reviewers recommend Fondex
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Fondex 1 star review on 12th August 2024
Christie Wallace
Fondex 1 star review on 30th July 2024
Bob
Fondex 1 star review on 8th July 2024
Michael Fenstermacher
Anonymous
Anonymous  // 01/01/2019
I managed to catch Bitcoin here when it lost 50% of its value in 2 days. Who does not remember? It was in March 2020. Of course, I did not take all the movement. Tritely, I lost my nerve. But my deposit grew very significantly in this company. It was also possible due to the trading conditions.
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Posted 4 years ago
I have never seen such excellent conditions for Bitcoin trading before. Usually, it is a huge problem to find favorable trading conditions for cryptocurrencies. And there is a spread from $3 only on BTCUSD with no commission at all.
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Posted 4 years ago
At first, I really didn't like the fact that Fondex has an offshore registration. At first, I even changed my mind about opening an account here. But then I read the reviews about the brokerage, and I realized that offshore registration is not really a problem, because the broker has a CySEC regulation and there is a difference between registration and regulation. And that makes up for this broker disadvantage. The trading conditions here are very favorable, and the broker has never let me down in half a year of my trading with it.
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Posted 4 years ago
It is quite comfortable to work with a brokerage. I don't really like the fact that it's only possible to trade on the cTrader trading platform, but as soon as I found out about the broker's trading conditions, it stopped bothering me ;) It was with this broker that I first tried to trade with cryptocurrencies, as it was usually not very profitable with other brokers. The trading conditions for a crypto here are: no commission and $10 spread on BTC/USD. For comparison, most brokers will have $30-50 bitcoin spread, so I didn't dare to trade with them. Of course, I still sometimes think about the fact that I miss trading on MetaTrader 4 and MetaTrader 5, but with such trading conditions I quickly got used to their absence.
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Posted 4 years ago
I wanted to try MT4, but it turned out that only cTrader is presented here, in general I like to work with it, I have all necessary indicators for my strategies, there are many timeframes available.
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Posted 4 years ago
I wanted to try trading on cTrader trading platform for a long time. That's why I opened an account with this brokerage. Of course, this is a minus that there is no MT4 or MT5, but I think that one trading platform is enough for comfortable trading. So, personally, I have no complaints about the broker.
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Posted 4 years ago
I do Forex trading with a brokerage. I chose it because of its trading conditions, namely, $2.5 commission per one side, $5 per roundturn and stuff like that. These are some of the best trading conditions for the cTrader trading platform, and I really like it. I've been trading with it not so long ago, but it's been enough time for me to understand that I can trust it and trade with it quite beneficially.
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Posted 4 years ago
It`s one of the key Forex market players. It's not been on market for decades, but trading conditions offered by it, changed everything. The company showed that Forex can be affordable and costs may be minimal.
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Posted 4 years ago
It seems to me that companies today began to offer better quality of services. Or may beits just a matter of my good luck )) Anyway, back to details. Live support is nice, withdrawals are accurate and timely. The number of stocks to trade (there are more than 600 of them) is impressive and definitely is another advantage of a broker.
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Posted 4 years ago
I'm trading there 3 months already. Overall, I have nothing to say a lot, as for me that's quite simple brokerage that offers all I need to be succesfull trader, including copy-trading. I tried this feature and it turned to be really good and usefull. By the way, cTrader is also excellent trading platform, it was unusual a little bit but now I see how good it is, much better than MT5.
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Posted 4 years ago
Started working with a brokerage because of its very favorable trading conditions for cTrader platform. It was a little frustrating that there was no training, as its hard without it. But with such trading conditions, I can totally learn to practice trading on my own :p
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Posted 4 years ago
There are very affordable minimal deposit and small commissions here. Probably the customers that want some very individual approach won't find what they want, but everything else is all right.
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Posted 4 years ago
I like trading because it provides a certain freedom of action. And I have always strived for this to achieve all my goals. This broker was chosen by chance, but I can say that the company's services are organized quite well. I like that commissions are little, as it helps in my daily fight for good averages. Money can be withdrawn regularly, there are no restrictions.
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Posted 4 years ago
I came there for copy trading and brokerage looked up to be reliable enough, so I've invested $1k. Unfortunately my investments did not yield anhy profit. 2 of the strategies gained +40%, but another losing strategy gave all these gains back literally overnight. I'm very disappointed with copy-trading and the broker. I think they should have some risk-management built in. These things should not happen to our accounts.
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Posted 4 years ago
The brokerage has a CySEC license, which guarantees the security of my deposit. This way, I can focus on trading and don't have to sweat on minor issues. It's good when I can just trust my broker and not have to worry about my investment all the time.
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Posted 4 years ago
The list of stocks is really impressive here. I don`t know exactly how many there are, but certainly no less than 1000. It seems to me there are all the best assets except Tesla. This is one of the few times that a broker combines minimal commission, tight spreads and reasonable deposit amount. I've found all I need for trading here.
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Posted 4 years ago
And I immediately got interested in the passive format, because I can not yet trade in person. It turned out that you can work here by copying positions of other traders. At the same time, you choose all the settings yourself. And you know it works! I didn't expect it myself, but it really does!
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Posted 4 years ago
Good that this brokerage has no restrictions, I'm scalper and many brokers restrict me, so I can't use my strategy wholly. With cTrader I can reveal my potential 100% and that help me arn more. You can open as much trades as possible and that's great.
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Posted 4 years ago
I started working with Fondex recently, but I already have some review to write about its work. What surprised me most about my brokerage is that it doesn't charge any deposit and withdrawal fees at all. This is very cool and convenient, because you always know how much you will deposit into your account. Also the broker has worked very well on the automation of its clients trading, in its work there are about 70 different indicators available and you can copy the strategies of other traders. So I can totally write that Fondex trading conditions are just fine. The only thing that slightly ruined the impression of the broker is that there is no MetaTrader 4 or 5. The brokerage works with cTrader. It is also convenient and not complicated, but you need to spend some time to get used to the new platform, which is a little inconvenient. But even if it is, because of such a small thing, I didn't treat a broker worse or consider it bad. It has something to share and what to offer, which makes your trading experience even more diverse. Although I haven't learned a broker so well yet, as not enough time has passed. But I already know that I'll continue to trade with it, I don't even want to look for another broker.
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Posted 4 years ago
In general, my opinion is more positive than negative, although there are a few points that I do not like about Fondex. First of all, I don't like cTrader very much, many people praise it and even say it's better than Metatrader, but I'm more conservative about it. Yes, spreads are really very good here, I can even call them 'tight' but spreads aren't the only thing you should pay attention for while choosing a brokerage. What I don't like is the offshore regulation. Yes, Fondex has CySEC regulation and that's why I don't understand why a company has offshore regulation as well. Also, there are literally a few opportunities to learn, so keep it in mind. By the way, scalping is allowed there so it can be another point that can make trading better, so just keep it in your mind. I'm scalping and I like there are no restrictions.
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Posted 4 years ago
Fondex is rated 3.8 based on 205 reviews