Fondex Review 2026
A licensed kitchen with real, checkable paperwork.
Fondex opened its doors in 2018 and cooks as a regulated CFD broker, carrying CySEC licence 268/15.
What's on the menu
Fondex has been serving since 2018, with the kitchen based in Limassol, Cyprus. The firm is privately held. The order book runs deep: 500 CFD instruments spanning forex, indices, commodities and crypto. Everything here is a contract for difference, so you are trading the price move, not owning the underlying dish.
MetaTrader is off the menu; the broker cooks only on its own in-house platform. There is no copy-trading option here.
| Founded | 2018 |
| Headquarters | Limassol, Cyprus |
| Instruments | 500+ |
| Platforms | cTrader, Fondex App |
| MetaTrader | No |
| Copy trading | No |
| Real stocks | No, CFDs only |
Kitchen inspection: is Fondex safe?
CySEC-regulated brokers must keep client funds segregated, provide negative balance protection under ESMA rules, and contribute to the Investor Compensation Fund (ICF), which covers up to €20,000 per client.
| Regulator | Licence | Entity |
|---|---|---|
| CySEC | 268/15 ✓ | GX Financial Services Ltd |
Want to inspect the kitchen yourself? Pull up www.cysec.gov.cy and look up the CySEC licence. The listing lays out the entity name, its authorisation status and the full list of what it is cleared to do. A minute, tops.
Ready to open an account?
Fondex - CySEC regulated, min deposit $250, 500+ instruments.
Ingredient costs: Fondex spreads
Here is what the raw ingredients cost on a standard Fondex account. Spreads breathe with the market and with your account tier; step up to an ECN or raw-spread table and the spread shrinks, but a per-trade commission joins the bill.
| EUR/USD | 0.8 pips pips |
| GBP/USD | 1.1 pips pips |
| USD/JPY | 0.9 pips pips |
| Gold (XAU/USD) | 23c/oz |
| S&P 500 | 0.5pt |
That EUR/USD figure of 0.8 pips pips is a fair price to pay on a commission-free account.
The bill: Fondex withdrawal fee and timing
Cost to take money out: None. Fondex does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
How long it takes: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
No cash leaves the till until your identity checks out. If your proof of ID and address are not yet filed and cleared, the payout waits; once you are fully verified, cash-outs follow the timings shown above.
The cover charge by entity
The opening deposit at Fondex depends on which entity seats your country. Offshore branches tend to set a smaller cover charge, but you dine with a thinner layer of regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| GX Financial Services Ltd | CySEC 268/15 | $250 | 1:30 |
Fondex vs IC Markets
| Fondex | IC Markets | |
|---|---|---|
| Primary regulator | CySEC 268/15 | ASIC 335692 |
| Min deposit | $250 | $200 |
| EUR/USD spread | 0.8 pips pips | 0.8 (std) / 0.02 (raw) pips |
| MetaTrader | No | Yes |
| Instruments | 500+ | 2,250+ |
| Copy trading | No | No |
| Withdrawal fee | None | None |
Both kitchens hold real licences, so neither is a bad table. Pull up a chair at Fondex if you value its platform and the breadth of the menu. IC Markets plates up better for anyone who leans on MetaTrader.
The licences, line by line
| CySEC | 268/15, GX Financial Services Ltd |
Under ESMA house rules, retail traders in the EU and UK are served leverage no higher than 1:30 on the major forex pairs.
What tastes good, what leaves a bad aftertaste
Cooked well
- CySEC regulated, GX Financial Services Ltd
Sent back
- No MetaTrader, proprietary platform only
- No copy trading
- No real stock ownership, CFDs only
- Inactivity fee: $10/month after 12 months
- Higher minimum deposit of $250
Compare Fondex before you commit
4.0/5 rating - CySEC regulated - min deposit $250
The verdict
Nothing on the plate here is fake: Fondex is a genuine, regulated broker, and CySEC licence 268/15 checks out on the public register. The table is set best for traders after a broad 500-instrument menu on a regulated platform. We rate it 4.0 out of 5.
Other tables worth a look
If Fondex is not quite to your taste, these regulated kitchens are worth comparing:
Frequently asked questions
Is Fondex safe?
CySEC-regulated brokers must keep client funds segregated, provide negative balance protection under ESMA rules, and contribute to the Investor Compensation Fund (ICF), which covers up to €20,000 per client. The kitchen holds CySEC licence 268/15, and you can confirm it for yourself on the official register.
What is the Fondex minimum deposit?
The cover charge is $250 at the main regulated entity. Offshore branches may plate it differently, so check the entity table above for the full spread.
What is the Fondex EUR/USD spread?
On a standard Fondex account the EUR/USD ingredient runs about 0.8 pips pips. It moves with the market; an ECN or raw table trims the spread in exchange for a per-trade commission.
How long does Fondex take to process withdrawals?
1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Does Fondex charge withdrawal fees?
None. Fondex does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does Fondex have MetaTrader?
No. MetaTrader is not served here; the broker cooks only on its own platform. If MT4 or MT5 is a must for your automated recipes, look elsewhere.