Fondex Sign Up Bonus does not offer a welcome bonus to new traders that choose to register for a real account. This is primarily due to the broker’s regulation by the Cypress Securities and Exchange Commission (CySEC), which has placed restrictions on the offering of broker bonuses
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 short section of our Fondex Sign Up Bonus below.
Fondex Sign-up bonus – 9 key points quick overview:
Fondex at a Glance- Fondex Sign-up bonus – 9 key points quick overview:
- Fondex Sign-up Bonus
- Fondex Referral Bonus
- Fondex Additional broker bonuses, promotions, and rewards
- Fondex Customer Reviews
- Fondex Pros and Cons
- Conclusion
- Frequently Asked Questions
As a general explanation, a bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.
Fondex Sign-up Bonus
Fondex does not offer a welcome bonus to new traders that choose to register for a real account. This is primarily due to the broker’s regulation by the Cypress Securities and Exchange Commission (CySEC), which has placed restrictions on the offering of broker bonuses. These CySEC-imposed restrictions form part of restrictions from the European Securities and Markets Authority (ESMA) regarding bonuses and client protection measures.
As such, it is felt by the regulatory bodies that brokers should seek to incentivize traders to open an account through the offering of competitive trading conditions, as with tighter spreads or more competitive commissions.
This is in line with these agencies’ broad-based move to create more stringent client protection measures within the Forex market, particularly as it pertains to the protection of beginner and smaller retail traders, who tend to suffer greater losses. As a general explanation, a bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.
Once an account has been opened with a Forex broker, clients will have access to trading of currency pairs, and will therefore have to incur some expense for this trading. The bonus is just a way for the broker to reward the trader’s choice and give all or some of these expenses back to the trader.
New traders should note however that bonuses are not available on demo accounts, though many brokers do offer the opportunity to sign up for a free demo contest, with prizes available.
However, there are many traders who actively seek out brokers that offer bonuses and promotions as means to boost their own trading potential. Such traders should look to brokers who are not under the jurisdiction of European regulators.
Fondex Referral Bonus
Referral bonuses allow existing traders of a given broker to earn greater rewards through referring a “friend” to a broker. The trader is compensated by the broker when this referral results in the friend signing up for a real account.
Fondex offers referral bonuses through its several partnership programs, which include Introducing Broker, Affiliate, Regional Partner, and Strategy Provider programs.
The Introducing Broker program allows participants to refer their client network to Fondex in return for attractive volume-based commissions, while the Affiliate program allows participants to earn commissions through monetizing website traffic.
Fondex Additional broker bonuses, promotions, and rewards
Fondex does not offer any additional broker bonuses, promotions, or rewards to its new or existing clients, as part of the regulatory restrictions imposed by CySEC. These include trading bonuses, deposit bonuses, no-deposit bonuses, and loyalty programs.
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.
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 more straightforward to use than indicators but I’m trying to do my best. The broker is nice.
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 Pros and Cons
| ✔️ Pros | ❌ Cons |
| Well regulated broker | No bonuses on offer |
Conclusion
Fondex Sign Up Bonus does not offer a welcome bonus to new traders that choose to register for a real account. This is primarily due to the broker’s regulation by the Cypress Securities and Exchange Commission (CySEC), which has placed restrictions on the offering of broker bonuses
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Frequently Asked Questions
Does Fondex offer a sign-up bonus?
No. Fondex does not offer a sign-up bonus. To find out more, click here.
Why do forex brokers offer sign-up bonuses?
A Sign-up bonus can best be understood as a way of compensating a trader for having decided to open a live account with a chosen broker.
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