Fondex Reviews

I am still in doubts about this b rokerage. Even though I can be 100% sure its not a scam project (I've manged to deposit and withdraw all the funds with no difficulties) , there are still some doubts that I experience.
The broker offers good trading fees and most importantly transparent spreads (shown on the website), so I decided to try the service myself.
All was good, I was doing a couple of trader every week and sometimes I was losing, sometimes I got profits. A normal trading routine, I'd say.
Recently I've finished scalpers' courses (no relation to this broker). I realize I will need to be able making a few trades every 5 minutes with the approach I'm planning to test here. Yet, some reviews claim the broker does not allow scalping. Managers here say all is ok and scalping is allowed with no limitations. However, I don't undertand where these customers' reviews about no scalping allowed come from in this case.
i didn't want to test the good luck myself, so simply transfered all the money to the other brokerage.

I like this broker. Chose it because of cTrader platform and excellent trading fees. It's the main competitor of MT4, which, however, is very much behind in popularity. The main problem is to find a broker with good trading conditions.
Fondex is one of such brokers, which has full regulation and tight spreads. I've been trading with this broker for 3 months and overall I am completely satisfied. The support works relatively quickly and with stable quality, I made a test conclusion twice and got the money within 3 days.

I don't know whether my attitude to this broker is objective enough, cuase the system I've been developing for over a year has finally started generating some profits not long ago and this can be the cause of my extra positive appraisal of company's service. Nevertheless, my Cbot's been running flawlessly for over 3 weeks now here, the first profit is already on my bank account, so I really don't have much to complain about. Moreover, they really have some fascinating trading fees here.

Like manhy other traders I was trying to get how to trade manually and profitably. I read a lot of articles about trading psychology. Douglas, Von Trapp, etc...
Guys, this doesn't work!!! Don't waste your time. If you are not capable to control your emotions and restrict emotional impact on the quality of your trading results - that's a total waste of time to try doing that.
My manual trading never worked. The system was ok, but implementation...
For a long while I was trying and trying and trying... And then I hired a programmer who coded me cBot and at the same time tought me to code.
Fondex fit my need perfectly as they've got excellent trading conditions, lowest spreads ever and excellent executions.
I recommend the company to all algotraders. It allows scalping, and cBots are not more difficult to program compared to Expert Advisors from what I know,

Within nearly a year that I've been trading with Fondex I didn't run into usual problems that I had with the previous broker. I mean slippages, inaccurate quotes, etc. This gives the confidence in the broker and now I can finally focus on productive systems development instead of constant chatting with support regarding all the above mentioned issues. I een have time now to think about some automation! Thanks for the excellent service!

I was searching cTrader broker that will have good trading conditions. Some points you should consider:
1. Trading conditions are good, at least spreads are low, usually even lower than 1 pips. That's one of the cTrader brokers with such trading conditions, usually spreads are higher
2. Scalping allowed, that's so great
3. However, brokerage has Seychelles regulation, it's not reliable enough (but there's also CySEC regulation, so I don't think that's big problem)
Overall brokerage is okey but I won't overhype it.

First when I looked at the offered spreads and commissions, I decided there must be a catch here. But where is it? I'm still working on figuring this out :) So far no catch found.
I definitely suspected that the broker would be saving money on servers, but no! They actually have got excellent executions. Good enough for scalping in fact!
BTW scalping is also allowed here. That was my another concern. I read some brokers reject to fix the profits that were closed in less than a minute or even two. My trading style is that I move the stop to +1 pip right after the movement has started. (either closing the full profit later or closing +1pip within a minute) So this was an important issue for me. All good. Such trades get closed fine, broker does not mind at all.

Seems like good broeker, but I can't understand the brokerage regulations, it has both Saychelles regulation and CySEC regulation. As I read - Saychelles is bad regulation, but CySEC is one of the best. Brokerage in general is good, but I don't know why it needs Saychelles regulation.

My experience with this broker is limited to a couple of months, yet I think there was enough time to learn the majority of pros and cons.
The only pro that I really see here and that really matters is the spreads and commissions policy. They are relatively low and definitely are favorable for the overall result. The rest of the service is pretty typical for the industry.
However, I also see the cons that actually make the further partnership doubtful. The major problem is that the broker does not work with MT4 and MT5. As long as I trade manually, this is not a problem. But my long-term plan is a full automation of the strategy. I don’t code myself, so I have to look for freelance developers. From what I learned, the number of developers familiar with MQL is big enough to find a contractor. This might be a huge problem if we speak of cBots development.

I can say that this is one of the most loyal brokers to clients, because hedging is allowed and there are options for passive earnings, and it definitely suits me. So I can say that I'm working with them, I'm satisfied and I will continue.

In fact, I read this idea a long time ago that if you find a case you like, you'll never have to work...
And now I know exactly what that means. Because now my initial passion for trading has grown into a real business, which I plan and structure in detail to get both the desired income and a well-established process.
In many ways my broker helped me in this, because here they allow both hedging and trading with a sufficiently large leverage, even 1:500, and it suited me completely.

I didn't have to change a number of companies and trading platforms to make this choice. Simply take little time to google the info and take into consideration other users experience, and you'll find out for yourself the solution offered here is really one of the best for Forex and CFD trading.

I'm trading with Fondex only for the second month, so maybe my opinion will change, but so far it's quite positive. Why is that?
a) Finally, there is an alternative to Metatrader 4. I do not like MT4, so cTrader is much more comfortable for me.
b) Spreads start from 0 pips? Well, no. It's more of a marketing slogan. However, spreads are quite low, lower than other cTrader brokers.
c) Fast support

Recently found this broker, immediately attracted a lot of unique features such as copy trading and automated trading. The official website also looked very nice.

Anyway, I decided to find information about the broker on the Internet to make conclusions about whether the broker is worthy of attention and my time. However, there were very few reviews on the Internet. As it turned out, a broker started working not so lomg ago. Their main feature is CTRADER platform. For those who don't know - it is the main Metatrader 4 competitor, many say that it is better. Indeed, I tried it at Fondex Demo, it turned out to be very convenient.

I think it is worth noting several advantages:
1. cTrader
2. Scalpers are allowed.
3. There's copy trading.
4. There is an automated trade
5. There's a demo.

However, for me personally, the disadvantage was that the company was founded so recently. So far, the reviews are very positive, but they are rare. So I decided to wait six months to see more reviews.

The only drawback of this company is that they limit the choice of a trading plartform you want to work with. cTrader is basically the only option that you can use.
This is not very difficult to tradnsfer to cTrader from MT4. In the essence, all the trading software is pretty much the same.
The main advantage of the broker is their spreads policy. Spreads are extra narrow, like 0.2-0.5 on average for major currency pairs, but there is also a small commission per round. Indices and cryptocurrencies don't have any commission at all.

The company is ahead of it's competitors, because they've staked on cTrader, and this was a good stake in my opinion. Considering that they offer best spreads ever, I see the future of the broker in a good light and can recommend using the service.

No doubt that the brokerage really deserves attention. Especially algotraders’ attention. I think cTrader is one of the best solutions for automated trading strategies, so I was initially interested in a brokerage that would support the platform.
Among all the companies that offer this option Fondex has got the most favorable trading conditions according to my research. Spreads are variable, so I can’t share the exact numbers, but the fact they’ve got tight spreads and no additional commissions for indices trading made me very pleased.
The other nice thing is that there are no restrictions on scalping. This combination of tight spreads + no restrictions on cbot scalping makes the deal really advantageous. Exactly what I was looking for.
Please keep in mind though, that you can’t run EA strategies here. Converting the MQL code to C# will be required if you choose to switch to cTrader from MT.

Fondex has got a few nice advantages
1. Unlimited demo-account for those, who want to try an unusual brokerage for free.
2. Good cTrader platform. Honestly, I've been doing perfectly fine with Metatrader, but having the opportunity to try cTrader was really nice. cTrader has all features, that Metatrader has, but designed in better way. That's what I see so far.

People keep saying that brokers are all the same. Ha-ha! This is partially true, but for me personally, they were similarly useless. I can’t do anything about it, but why! why? everyone offers to use either metatrader products for trading or some highly suspicious custom software that is full of bugs?
I don’t have that much against MT4, at least it’s more or less stable in performance, but when I see this prehistoric design and try using this interface, I get so irritated that I’m afraid to break the keyboard. Custom platforms that some brokers use are even worse - they are either intentional scam or just a poor quality product with floating drawings that show one or another thing depending on the timeframe and scale that you use.
Fondex turned out to be a one of a kind broker that allows scalping, cTrader, copy-trading… All in one! Can’t keep this find to myself. The broker is really worth a good review here.

I was looking for a broker to trade cryptocurrencies, forex pairs and indices at the same platform. Out of many brokers Fondex attracted my attention with their copy-trading features that are built in Fondex ctrader software. This should facilitate finding investors when I am ready for this new step. Apart from that trading conditions are also favorable at Fondex. Six months of trading with these guys caused no complains on my side and I hope one of you will find this review useful.

I’m not trying to say that MetaQuotes products are bad, but I’m definitely not one of their fans. Looking for alternative I found Fondex with their cTrader platform. Wish I could say that since then I started making millions, but that won’t be true to my sincere regret. I’m working on it and for the last three month I’ve been profitable, which is a good sign I’m on the right path :) What I’m very pleased with are the quality of executions, cTrader performance and Fondex trading conditions. Their raw spreads make it easier to fight for those positive averages per trade. It was my good luck to find this broker and I suggest traders who are looking for MT4 alternative try Fondex. I’m sure you won’t regret.

One of the better brokers offering a wide range of instruments for the cTrader platform with low spreads. Recommended.

Very good service

Good job! Happy with the service !

I am very much satisfied with your services, I will definitely call on you to defecate when I need to