Fondex Fees Spreads and Commissions vary according to the account type that the trader is using. Spreads start from 0.0 pips while average spreads on the EUR/USD and GBP/USD forex pairs are 0.28 and 0.71 pips, respectively.
Fondex at a Glance
| 🔎 Broker's Name | Fondex |
| 📍 Headquartered | Limassol, Cyprus |
| 📅 Year Founded | 2017 |
| ⚖️ Regulating Authorities | CySEC |
| 🌐 Countries not accepted for trade | United States, Canada, Korea, Iran, Belgium, Japan |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:30 |
| 💰 Minimum Deposit | None |
| 💳 Deposit Options | Debit & credit cards Bank transfer PayPal Neteller Skrill |
| 💳 Withdrawal Options | Debit & credit cards Bank transfer PayPal Neteller Skrill |
| 💻 Platform Types | Fondex cTrader |
| 📈 Tradable assets offered | Forex, stocks, commodities, indices, cryptocurrencies, ETFs |
| 📱 OS Compatibility | Windows, Mobile, Web, iPhone, iPad PC and Mac OS, mobile for Android and IOS |
| 👨💼 Languages supported on Website | Multilingual |
| 👥 Customer Support Languages | Multilingual |
| 📆 Customer Service Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Min Deposit USD 0 Regulators CySEC Trading Platform Fondex cTrader Crypto Yes Total Pairs 80 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Choose your quick section of our Fondex Fees Spreads and Commission below.
Fondex Fees and spreads – 9 key points quick overview:
Fondex at a Glance- Fondex Fees and spreads – 9 key points quick overview:
- Fondex Fees and Spreads
- Fondex Additional Trading Fees
- Fondex Broker Fees
- Fondex Customer Reviews
- Fondex Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is our overview of the Fondex Fees Spreads and Commissions as well as the features that are offered, which could affect your trading.
Fondex Fees and Spreads
Traders with Fondex can expect the following spread list:
Spreads as well as the general pricing structure at Fondex are competitive. Spreads start from 0.0 pips while average spreads on the EUR/USD and GBP/USD forex pairs are 0.28 and 0.71 pips, respectively.
Fondex has transparent commissions with $2.5 charged per $100k trading volume on FX, metals, and energies. A $1 charge is levied per side of 100 shares and ETFs, while users get zero commissions on indices and cryptocurrencies.
Fondex Additional Trading Fees
Fondex does charge swap fees, also referred to as overnight fees.
A swap or rollover fee is the net interest return on a currency position held overnight by a trader. That is, when trading currencies, an investor borrows one currency to buy another. The interest paid, or earned, for holding the position overnight is called the rollover rate.
The broker does offer an Islamic, or swap-free account, which will allow traders of the Muslim faith to avoid paying swap fees as they fall under the type of interest that is prohibited by Sharia law.
The broker does not appear to offer other additional trading fees, such as inactivity fees, which makes this a reasonable and competitive pricing structure overall.
Fondex Broker Fees
Traders should also be sure to check with the client support or account manager on any additional broker fees which may be waived by their financial institution.
As already noted, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.
As Fondex is not a spread betting broker, spread betting fees will not apply.
Min Deposit USD 0 Regulators CySEC Trading Platform Fondex cTrader Crypto Yes Total Pairs 80 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Fondex Customer Reviews
Please take note, the following Customer Reviews are for Fondex.
This broker became better
Fondex recently became better…. they changed the approach to trading fees…. removed commissions…I’m not sure ’bout spreads but looks like they’ve got a bit wider since commissions were removed…that’s understandable though. pleased overall.
One of the best fx brokers for the ctrader.
It is really cool to have a broker which aimed ctrader trading platform as a primary because it is a very difficult task to find a ctrader broker with outstanding offers and a wide choice of assets.
At least I’m intrigued
I can’t say anything extraordinary about the broker because I have been trading with it for a bit more than a week. I haven’t tried to withdraw money but intend to do this soon. My main interest is to learn to use the depth of the market feature of cTrader. It’s not easier to use than indicators but I’m trying to do my best. The broker is nice.
Fondex Pros and Cons
| ✔️ Pros | ❌ Cons |
| Tight spreads | Low leverage |
| Low commissions | |
| No minimum deposit | |
| No deposit fees or withdrawal fees | |
Conclusion
Fondex Fees Spreads and Commissions vary according to the account type that the trader is using. Spreads start from 0.0 pips while average spreads on the EUR/USD and GBP/USD forex pairs are 0.28 and 0.71 pips, respectively.
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Frequently Asked Questions
How many instruments can I trade with Fondex?
Over 1,000 trading assets are available at Fondex. The platform offers access to dozens of forex pairs, including majors, minors, and exotics.
Traders also have further access to 15 major global indices, and over 900 shares, plus metals, energies, cryptocurrencies, and ETFs.
Does Fondex offer leverage?
Yes. Fondex leverage levels range from 1:2 up to 1:30. This is low compared to other brokers and limits the size of positions that traders can take.
However, this is to be expected as the broker is regulated by CySEC and will therefore adhere to leverage ratio restrictions as per EEA level restrictions.
What spreads can I expect with Fondex?
Spreads as well as the general pricing structure at Fondex are competitive. Spreads start from 0.0 pips while average spreads on the EUR/USD and GBP/USD forex pairs are 0.28 and 0.71 pips, respectively.
Does Fondex charge a commission?
Yes. Fondex has transparent commissions with $2.5 charged per $100k trading volume on FX, metals, and energies. A $1 charge is levied per side of 100 shares and ETFs, while users get zero commissions on indices and cryptocurrencies.
Is Fondex regulated?
Yes. Fondex is regulated by the Cypress Securities and Exchange Commission (CySEC).
Is Fondex a recommended forex trading broker for experts and beginners?
Yes, Fondex offers an excellent trading environment for both beginner and advanced traders.
What is the overall rating out of 10 for Fondex?
9/10.
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