Fondex
Fondex cTrader is an innovative, user-friendly platform that features a diverse array of technical and performance analysis tools. Apart from manual trading, clients can access copy and automated trading from the same interface. Traders can also follow in-platform, actionable signals from Trading Central. In that way, it’s possible to combine different trading methods and enjoy greater flexibility.
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Fondex
Overall
Fondex is a normal brokerage. I like its trading conditions for crypto trading. Spreads on BTC/USD make me smile when I compare them to other broker's offers. So I'm really pleased with the decision to open an account with this broker.
Overall
I can't notice outstanding, Fondex is just nice brokerage, almost the same as any other top brokers. The only thing that makes Fondex a little different is cTrader platform. You know, I was tired with MT4 and was looking for sth new, so cTrader was the thing that made me trade with Fondex.
Overall
There are quite profitable commissions for all types of assets, so I could afford to work much more actively even with my small capital.
Overall
I think this company deserved the Best cTrader Broker award in 2020. According to a lot of Fondex reviews, the company is really developing fast and offers excellent trading conditions (yeah, I rad some review before trying the service). I tried using Signals and Copy Trading and was very pleased.
Let me tell you more about Copy Trading. You can read about it in Fondex reviews a lot. Very popular feature! So now, when you choose a strategy that you want to copy, you can sort them by ROI by the number of investors and investors' total capital. This is quite convenient. Because it's easier to estimate how many people trust this or that trader. And also, which of the traders is skilled at managing large amounts. Because traders often have a fear of other people's money. And this creates tension, which can lead to losses. So it is crucial to choose a trader who is already used to large sums of money.
I have not tried to trade with cBots as well. However, to use them, you need to download and install the cTrader platform. You can trade without installing the software in other cases.
The only thing I can lower my score for is the relatively young age of the company, which is a drawback that can only be removed few years later.
Overall
So far I like everything about Fondex, its work and trading conditions. I've been working with it for a while, but it's enough time for me to get used to a brokerage and find a lot of its advantages.
I like the fact that it is reliable enough and it is a broker with the best trading conditions for the cTrader platform. The only thing that confused me a bit was the offshore registration of a broker. But once I found out that it has CySEC regulation, I didn't worry about registration anymore. There are brokers who have worse registration situations. But the regulator is a guarantee that the broker is honest and there will be no scams.
The only thing I haven't tried with Fondex yet is trading with cryptocurrencies. It is profitable to trade with cryptocurrencies with it, what are the conditions for trading these assets a broker provides?
Overall
When choosing a brokerage company, I was certainly guided by the most comfortable conditions for myself. Because this is exactly what can provide you with all the tasks and goals you have set.
In fact, here I was attracted by a couple of moments. First of all, it is of course low commissions because it allows me to work with high dynamics and try out the most extraordinary strategies. For me, this is really great news. And the addition to this is that here you can easily use scalping and hedging, and these approaches attract a huge number of traders, and other companies do not allow to use it. And here I tried it to the full extent and was absolutely satisfied.
Overall
A good brokerage, works well. I chose it because I wanted to work on the cTrader trading platform for a long time, and the broker has the best trading conditions for this platform that I saw. And I wasn't wrong to choose it, my trading became much better with it))
Overall
My pleasure to trade with a realiable brokerage that does not try to cheat on quotes, has affordable trading fees and allows scalping at the same time. It does deserve a few words of gratitude, so here they are.
Overall
The broker offers a large number of assets for trading, I think there are more than 1,000. In general, if you aren't trading some very specific assets, it will be easy to create your own portfolio with this brokerage
The main difference between this broker and others is cTrader trading platform. If you don't know its history, then I will explain it in short. cTrader is a trading platform aimed to be an alternative to Metatrader. And I can say that this trading platform can really overshadow both Metatrader 4 and Metatrader 5. as in terms of trading it's much more efficient and native. I mean, it's simpler for every day trading and it's important if you spend a lot of time trading, as your eyes and your brain don't get tired, you don't lose your ability to concentrate and so you make fewer mistakes.
So I can say that cTrader was one of the main reasons why I started trading with Fondex. It was very important for me, as I think it is really a very convenient trading platform, for sure.
Trading there, by the way, is just good, without any surprises. Slippages are rare, spreads are tight, everything is just as planned.
Overall
I don't really understand the people who say trading fees don't really matter. They've probably never calculated their averages and how much they are losing because of unfair spreads overall. That's basically the only reason I trade with Fondex. Best spreads. That's the only reason.
Overall
I was looking for a broker with tight spreads and low commissions. And I found it here. There are minimal commissions in Fondex. On average, it is only half the size of other companies` fees. I don`t know how it is possible. But there are really good trading conditions here. I`m trading here just for one moth and maybe I will change my mind over time. But right now, there are all I need in this company:
- cool cTrader platform with copy trading solution;
- very tight spreads, especially in Bitcoin;
- more than 600 stocks for trading.
That`s enough for me to trade comfortable. I can open trades independently or use copy-trading solution.
Overall
I paid attention to this company because there is a good cTrader trading terminal, which includes a full set of indicators and other technical tools, and even the possibility to use ready-made trading algorithms, I think it is promising.
Overall
Needless to say, trading is difficult.
But here you can get real help in mastering this business.
Copying.
Profitable commissions.
Wide range of leverage.
And all this you get even with small investments.
I definitely like it.
Overall
I like to work with a brokerage, it has quite favorable trading conditions. Since I trade at Forex, my trading conditions are: $2.5 commission per side, $5 per roundturn (that's briefly). I can probably even write that this broker has the best trading conditions for the cTrader platform :)
Overall
This broker has become one of my favorites, although initially I was negatively configured, primarily because of cTrader. I am used to Metatrader and it is very hard to get used to something new. However, I decided to try a broker and now I am satisfied with the fact that I made this decision.
Firstly, the Fondex is fully adjustable and offers the security of your funds. It is important for me, as I think, and for every trader. Fondex is regulated by CySEC, so it is a very reliable regulation.
Secondly, Fondex offers really low spreads. If you compare it to the spreads of other cTrader brokers, Fondex offers some of the lowest ones. Even if compared to Metatrader brokers, only a few of them (or non regulated) can offer lower spreads.
Fondex reviews are also mainly positive.
Of course, there are also disadvantages, for example, I don't see a good affiliate program and training for beginners. But these are details, in general, the broker is very good.
Overall
For each person it is self-fulfillment that acquires key importance, because it gives you the opportunity to demonstrate to yourself and to the whole world what you are capable of, to evaluate your knowledge in practice, to see what you can do in the proposed conditions. And here, of course, the business direction that you choose is of great importance. As far as it suits you.
I chose trading for several reasons - you can work here at any time, there are no significant limitations on the amount of capital, I am good at making calculations.
And I chose the company because of low commissions (1, 2.5 or 10$ - depends on the asset), an interesting trading terminal with a lot of indicators, demo, so you can practice and check your assumptions. And also automatic trading strategies are allowed here.
Overall
I was looking for cTrader brokerage and that's the good opportunity to trade with. Spread are tight and trading is good overall. I can't say that brokerage is outstanding, but it definitely deserves attention if you like cTrader.
Overall
I just recently switched to trading with Fondex, but I've been thinking about switching for a long time. My previous broker could not satisfy all my needs, so Fondex seemed to be a good choice, which could be better than my previous one.
1. The trading platform is cTrader. It is the closest rival to MT4, the platform has almost the same features including Expert Advisors (cBots) and algorithms. However, personally I like cTrader much better, this platform is more convenient for daily trading.
2. Fondex has the best trading conditions among cTrader brokers. I compared 4 brokers, spreads at Fondex are on average 10% lower, in the long run it can be very effective and save you a lot of money.
3. cTrader copying. I used to be skeptical about copy-trading, but now I realized that it is a great way to differentiate risks. cTrader copy is not only among Fondex traders, you can use the strategy of any broker that trades with cTrader (and participates in copy-trading).
For now, I'm satisfied with trading with Fondex, hope that broker will maintain a high quality standard.
Overall
My experience was initially unsuccessful, as I lost my deposit because of my low level of understanding of trading. Then, I decided to try cTrader copy and study trading. Only then did I realize how little I knew about trading and how naive it was to expect me to be able to make money (I think it's the Daning Kruger effect). Now (six months later) I am still studying trading and copy-trading with the help of the broker.
The truth is that trading requires great understanding and many skills.
Overall
I've chosen this broker to start investing in stocks without having 25K on account.
Friends advised me this company and said they've got a great variety of assets. it really is great at first sight, but some stocks that I really wanted to get are missing from the list (( i.e,
Tesla is unavailable.
Generally I can't complain as affordable trading fees compensates for these kinds of trouble, yet I think they should expand the list of the assets. 600+ for stocks is obviously not enough for nvesting.
So the broker is great is you scalp 2-3 liquid instruments, but consider the alternatives if you aim at diversified invest.portfolio.
