Fondex Review (2020)

Fondex Forex Brokers Logo

Fondex is a CySEC Regulated Foreign exchange Forex Broker, that’s owned by TopFX Ltd.

Fondex is formally situated at: Kanika Enterprise Middle 317, 28th Oktovriou Avenue, 4th Ground, 3105 Limassol, Cyprus. Contact cellphone quantity is: +357 25028079, and the shopper help e-mail deal with is: [email protected] Official web site is:

Fondex Evaluation

While you evaluation the Forex Brokers Fondex, you will note that they stand aside from lots of the boring MT4 Forex Brokers. Fondex affords their purchasers the highly effective cTrader buying and selling platform. cTrader is a novel and really highly effective buying and selling platform, that is available in net Forex Broker and desktop variations, together with the Algo buying and selling module. Superior buyers and join by way of API and likewise handle MAM and PAMM buying and selling accounts. cAlgo is an add on for cTrader which helps you to run algorithmic buying and selling in your account.

In addition to the usual Foreign exchange pairs, they’ve a big choice of CFDs out there for tradinging. This contains; Particular person Shares / Shares, Market Indexes, Crypto Currencies like Bitcoin and Commodities. Spreads on the EURUSD are as little as 1.2 pips, and on Bitcoin the unfold is 10.

Fondex cTrader Forex Trading Platform
Fondex cTrader Foreign exchange Buying and selling Platform

Fondex License & Regulation

When the Rip-off Broker Investigator critiques a Foreign exchange CFD Forex Broker to see if they’re a authorized agency or a scam, we search for a sound Forex Brokerage agency license. The rationale Foreign exchange buyers will solely use a licensed and controlled Forex Broker, is as a result of then you’ll be able to really feel secure that your funds are saved in a segregated checking account.

Fondex is licensed and controlled in Europe by CySEC, with license quantity 138/11. A CySEC license affords buyers sure protections on their Foreign currency trading account. With this Forex Broker, consumer funds are saved in Barclays Financial institution PLC, Canary Wharf, London. Outdoors of Europe, this Forex Broker is owned by Fondex World Restricted, which is a Bermuda firm.

Evaluate Foreign exchange Brokers

While you evaluate Foreign exchange Forex Brokers, simply know that there are actually a whole lot to select from, simply look right here.

ForTrade is a well-liked CFD Forex Broker in England that’s licensed and controlled by the FCA, see right here.

Begin with a Free Demo Account on their award profitable platform, signup right here.

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If you have already got a buying and selling account with Fondex, please share your investing expertise within the feedback part beneath.


  • comment-avatar
    Glenda Kristen 2 years ago

    Absolutely a scam!!! Let me tell you my experience with Alvexo. Two words: Stay away! I lost $27,980.00 thousand within two months and this reflected my life and my health. I got a lot of bright promises when I was about to start trading, including professional support. They assigned the biggest scammer I’ve ever seen as my personal Assistant, Antonios James, and his only duty was to make me invest more money. I deposited about $27,980.00 initially and then they promised me a special training.They gave me a Prime account and did ‘some kind of’ training, not even a time in a day. But they pushed me to invest another $15,000 in order to receive better training. In total,I started trading by myself and Antonio never called me and never showed my mistakes so I requested to be changed. They agreed but only if I would invest another $15,000. A few days later they called me and threatened me to hedge my positions or they would close my account. Then I was ill and couldn’t look at my account. During that time they did nothing, didn’t send me a single email. Finally, when my account was $0 they called me and blamed me for the situation. Do not trust them! They do unrespectable actions. All they want is to invest more money and then you will lose it all. Scammers!!

  • comment-avatar
    Lucy Madison 10 months ago

    Please everyone should be careful and stop being deceived by all these brokers and account managers, they scammed me over $50,000 of my investment capital, they kept on requesting for extra funds before a withdrawal request can be accepted and processed, in the end, I lost all my money. All efforts to reach out to their customer support desk had declined, I found it very hard to move on. God so kind I followed a broadcast that teaches on how scammed victims can recover their fund, I contacted the email provided for consultation, [email protected] and I got feedback after 48hours and I was asked to provide all legal details concerning my investment, I did exactly what they instructed me to do without delay, to my greatest surprise I was able to recover my money back including my profit which my capital generated. I said I will not hold this to myself but share it to the public so that all scammed victims can get their funds back. I expose this broker as much as I can, so I can help other victims or intending victims out there, kindly contact him and he will guild you on step how to recovery all your funds within 7 working day. Do not trust them! Beware of Scammers!!