All Share (J203) = 90 553
Rand / Dollar = 18.84
Rand / Pound = 25.06
Rand / Euro = 21.37
Gold (usd/oz) = 3 325.31
Platinum (usd/oz) = 960.70
Brent (usd/barrel) = 66.11
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Fondex Minimum Deposit

Fondex - Minimum Deposit
 

Fondex Minimum Deposit there is no minimum deposit amount required to register for a broker account. When compared with other brokers, this makes the broker accessible to traders of all levels and investment styles, particularly for beginner and smaller retail traders.

 

Fondex at a Glance

 

🔎 Broker's NameFondex
📍 HeadquarteredLimassol, Cyprus
📅 Year Founded2017
⚖️ Regulating AuthoritiesCySEC
🌐 Countries not accepted for tradeUnited States, Canada, Korea, Iran, Belgium, Japan
☪️ Islamic account (swap-free)Yes
👍 Demo AccountYes
📊 Institutional AccountsNo
📊 Managed AccountsNo
📈 Maximum Leverage1:30
💰 Minimum DepositNone
💳 Deposit OptionsDebit & credit cards
Bank transfer
PayPal
Neteller
Skrill
💳 Withdrawal OptionsDebit & credit cards
Bank transfer
PayPal
Neteller
Skrill
💻 Platform TypesFondex cTrader
📈 Tradable assets offeredForex, stocks, commodities, indices, cryptocurrencies, ETFs
📱 OS CompatibilityWindows, Mobile, Web, iPhone, iPad
PC and Mac OS, mobile for Android and IOS
👨‍💼 Languages supported on WebsiteMultilingual
👥 Customer Support LanguagesMultilingual
📆 Customer Service Hours24/5
🚀 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 short section of our Fondex Minimum Deposit below.

 

Fondex  Minimum deposit – 9 key points quick overview:

 

  1. ✔️Fondex at a Glance
  2. ✔️Fondex  Minimum deposit – 9 key points quick overview:
  3. ✔️Fondex Minimum Deposit
  4. Fondex Deposit fees and deposit methods
  5. Fondex step-by-step guide to depositing the minimum amount
  6. Fondex Customer Reviews
  7. Fondex Pros and Cons
  8. Conclusion
  9. Frequently Asked Questions

 

Here is our overview of the Fondex Minimum deposit as well as the pros and cons as well as features that are offered to traders.

 

Fondex Minimum Deposit

 

Fondex Minimum Deposit

 

With Fondex, there is no minimum deposit amount required to register for a broker account. This makes the broker accessible to traders of all levels and investment styles, particularly for beginner and smaller retail traders.

 

Fondex Deposit fees and deposit methods

 

Fondex Minimum Deposit

 

Fondex has a broad selection of popular deposit methods, which consist of the following:

💳Debit & credit cards
💳Bank transfer
💳PayPal
💳Neteller
💳Skrill

 

All deposits or processed instantly with no deposit fees. That said, traders should note that their selected payment processor may charge a handling fee that is beyond the broker’s control.

 

The same methods above can be used for withdrawals, although processing times will differ from those on deposits.

 

As such, PayPal is processed the fastest, offering instant withdrawals, while debit/credit cards, bank transfers, Skrill, and Neteller can all take up to 24 hours. There are no withdrawal fees at Fondex.

 

With regards to deposit currencies, Fondex accepts various currencies such as EUR, USD, GBP, CAD, CHF, RUB, AED, and many more. However, there are certain smaller currencies, such as ZAR/RAND, which are not accepted.

 

Traders depositing in smaller currencies should double-check with the broker to determine whether they will incur deposit fees.

 

Fondex is a well-regulated broker that provides deposit security by holding client funds in segregated accounts with top-tier banks.

 

Fondex Deposit fees and deposit methods

 

Fondex step-by-step guide to depositing the minimum amount

 

📍Depositing funds into a Fondex account can be done with the following steps:

 

🔴Step 1 – Log into their account

  • From the Deposits & Withdrawals section on the Fondex website, click the “Deposits” tab. Then choose your preferred method from the list of available payment providers and click the “Deposit Now” button on the right.

 

Fondex step-by-step guide to depositing the minimum amount step 1

 

🔴Step 2 – Deposit currency

  • You will then be automatically redirected to the deposit window on the Fondex cTrader web platform, where you must enter your details and complete your deposit.
  • Alternatively, if you are already logged in to Fondex cTrader, you can fund your account by clicking the “Deposit” button.

 

Fondex step-by-step guide to depositing the minimum amount step 2

 

🔴Step 3 –Funds

Funds must be transferred in the same currency as the bank account to which they are sending them. Should this not be done, traders may be subjected to currency conversion fees.

 

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 deducted…that’s understandable though. pleased overall.

FBS Trustpilot

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.

FBS Trustpilot

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 more straightforward to use than indicators but I’m trying to do my best. The broker is nice.

FBS Trustpilot

Fondex Customer Reviews

Fondex Pros and Cons

 

✔️ Pros❌ Cons
No minimum depositA limited selection of deposit currencies
No deposit fees or withdrawal fees

 

Conclusion

 

 Fondex Minimum Deposit there is no minimum deposit amount required to register for a broker account. When compared with other brokers, this makes the broker accessible to traders of all levels and investment styles, particularly for beginner and smaller retail traders.

 

You might also like: Fondex Review

You might also like: Fondex Account Types Overview

You might also like: Fondex Demo Account – Step by Step

You might also like: Fondex Fees and Spreads

You might also like: Fondex Islamic Account Overview

You might also like: Fondex Sign-up Bonus

 

Frequently Asked Questions

 

What is the minimum deposit for Fondex?

With Fondex, there is no minimum deposit amount required to register for a broker account. This makes the broker accessible to traders of all levels and investment styles, and particularly for beginner and smaller retail traders.

 

How do I make a deposit and withdrawal with Fondex?

Fondex has a broad selection of popular deposit methods, which consist of the following:

  • Debit & credit cards
  • Bank transfer
  • PayPal
  • Neteller
  • Skrill

 

Does Fondex charge withdrawal fees?

No, but traders should note that their selected payment processor may charge a handling fee that is beyond the broker’s control.

 

How long does it take to make a withdrawal?

Withdrawal requests are processed by the Fondex team within 24 hours. The withdrawal completion depends on the payment provider that each client uses to complete the transfer.

PayPal is processed the fastest, offering instant withdrawals, while debit/credit cards, bank transfers, Skrill, and Neteller can all take up to 24 hours.

5/5 - (1 vote)
Louis Schoeman

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 27, 2023

Louis Schoeman

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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