Fondex UK Review 2021

Fondex is an award-winning forex and CFD broker with industry low trading costs

Fondex is a multiple award-winning broker that gives traders access to Forex, CFDs, ETFs, indices, shares, energies, metals, cryptocurrencies. Surprisingly, Fondex does not support either of the enormously popular MetaTrader platforms (4 and 5).

In terms of features offered to traders, Fondex has Demo Accounts, Islamic Accounts, Signals and Auto Trading but is missing Social Trading.

Careful traders will be pleased to know that Fondex is licensed to provide trading services by multiple regulatory bodies, 2 in fact. Note, however, that the FCA here in the UK is not among them. Prudent traders might want the extra safety of going with an FCA-regulated broker.

Fondex Summary

Fondex is an award-winning forex and CFD broker with industry low trading costs

Ratings

100%
Trust
50%
Instruments
57%
Features
BonusNone
InstrumentsForex, CFDs, ETFs, indices, shares, energies, metals, cryptocurrencies
Demo Account✓
Min. Deposit$0
Min. Trade0.01 lots
Regulated ByFSA, CySEC
MT4 Integration✗
MT5 Integration✗
Mobile Apps ✓
Auto Trading Yes - cBots available
Trade Signals ✓
Social Trading✗
Copy Trading✗
Islamic Account ✓

CFD Trading

FTSE Spread1.4
GBPUSD Spread0.71
Oil Spread6.71
Stocks SpreadStart from 0.01

Forex Trading

GBPUSD Spread0.71
EURUSD Spread0.28
EURGBP Spread0.7
Assets67

Payment Methods

Fondex accepts the following payment methods:

  • Neteller
  • PayPal
  • Skrill

Awards

Fondex is an award-winning broker, with 5 awards received so far.

  • Best Technology Corporate Leadership, 2019
  • Best FX Trading Platform, 2018
  • Best Trade Execution, 2018
  • Best Partner Program, 2017
  • Best Retail Platform, 2017
83.57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Fondex vs Other Brokers

If you want to compare Fondex with other brokers, use the detailed comparisons below.

Fondex vs
Fondex is an award-winning forex and CFD broker with industry low trading costs