Forex Broker
Fondex
Fondex is a platform for trading on Stocks, Gold, Oil, Indices. It offers tight spreads, leverage up to 1:500, zero commissions, and no minimum deposit. It provides ad...
Tags:Forex BrokerBasic Information
Full Company Name: Fondex Ltd
Country: Cyprus
Founded: 2017
Minimum Deposit: $200
Trading Platforms: cTrader
Minimum Trade Size: 0.01 lots
Business Model: ECN/STP
Deposit Methods: Supports multiple funding options, including credit cards, debit cards, bank wire transfers, and e-wallets (such as Skrill, Neteller)
Server Time Zone: GMT+2 (Daylight Saving Time applicable)
Email: [email protected]
Phone: +357 25050078
Headquarters Address: 205 Christodoulou Chatzipavlou, Limassol, 3036, Cyprus
Regulatory Information
- Cyprus Securities and Exchange Commission (CySEC)
- License Number: 418/18
- Regulatory Details: Fondex Ltd is regulated by CySEC, ensuring its operations comply with EU financial regulations.
Account Types
| Account Type | Standard Account | Islamic Account | VIP Account |
|---|---|---|---|
| Minimum Deposit | $200 | $200 | $50,000 |
| Spreads | From 0.5 pips | From 0.5 pips | From 0.0 pips |
| Commission | $2.50 per side per lot | $2.50 per side per lot | Negotiable |
| Tradable Instruments | Forex, Metals, Energies, Indices, Stocks, Cryptocurrencies | Forex, Metals, Energies, Indices, Stocks, Cryptocurrencies | Forex, Metals, Energies, Indices, Stocks, Cryptocurrencies |
| Trading Platforms | cTrader | cTrader | cTrader |
| Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 |
| Order Execution | Market Execution | Market Execution | Market Execution |
| Swap-Free Option | Available | Available | Available |
| Hedging Margin | 50% | 50% | 50% |
| Margin Call Level | 50% | 50% | 50% |
| Stop-Out Level | 20% | 20% | 20% |
| Minimum Trade Lot Size | 0.01 lots | 0.01 lots | 0.01 lots |
| Maximum Trade Lot Size | 50 lots | 50 lots | 50 lots |
| Maximum Number of Positions | No limit | No limit | No limit |
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