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Kawase Exchange | Fondex

Cyprus · cTrader

Reviews & comments 761.0ⓘ
1.0ⓘ
Founded2010-01-01
Minimum deposit200.00
CurrencyNot provided
Leverage1:30

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Reviews & comments (76)

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Tibor KozaReply
Initial 1-star score

Reply to comment #1061

<p>I do enjoy ctrader trading platform also. Sure, there is roboservices. Advanced technical features is what you need. Check automate section for optimisation of automative processes. There are four types of cbots availabe for your goal.</p>

PhisolComment
Initial 1-star score

<p>I enjoy using fondex cTrader trading platform. It is different from what I used before. Featuring risk management, fast execution and market analysis tools, it is the optimal platform for both beginners and professional traders.<br> By this moment I have a question concerned to automatization. Is there any roboservices here?</p>

Aurelian IfrimReply
Initial 1-star score

Reply to comment #1059

<p>suree!! i know here is an opportunity to trade without commissions, as I know it works for all assets</p>

Bastien RobertComment
Initial 1-star score

<p>I occasionally discovered this broker. Should confess that the thing that attracted me was cTrader. Earlier I had an opportunity to work on this platform, so I’m aware of its advantages. Then, what I also briefly noticed is that they offer 1:500 leverage. That’s an optimal leverage size for me. I don’t need higher or smaller leverage. I want to ask one question before I open a real account. Can I trade without commission here?</p>

RammunReply
Initial 1-star score

Reply to comment #1057

<p>Of course, some people might not like it…<br> These are all just opinions.<br> As for me… the situation is the same. I like everything)</p>

Panji BudiyantoComment
Initial 1-star score

<p>Zero commission on indices and cryptocurrencies were something that I missed a lot, since I left my previous broker… I had to seek for a new one for a very long time and I was really delighted when I finally met this one. It seemed to me that this broker is pretty reliable and it turned out to be the real truth. No doubts, that one can state that there is something that he/she don’t like, but for me, everything turned out to be suitable.</p>

Alecu MocanuReply
Initial 1-star score

Reply to comment #1055

<p>CTrader is an awesome product, much better than MTs. I joined the broker exactly because of cTrader. As for EUR/USD I hate it. It’s very cunning. I have recently shifted to cross pairs and that’s a completely different experience – far more pleasant.</p>

Pauls BlaumanisComment
Initial 1-star score

<p>If I had to choose my top three favorite brokers, one of the brokers would be Fondex broker.<br> Here the most modern cTrader trading platform is available for trading, very low spreads and no commissions for trading currency pairs and many other assets.<br> At least I can say that for EUR/USD the average spread is about 0.4 pips. For metals, the spreads are also very low.</p>

Samuel GilComment
Initial 1-star score

<p>I have never imagined that I once I would join the community of a broker on a cTrader platform. Nevertheless it has hapenned and now I’m here. It’s pretty difficult to answer what exactly keep me with this broker, but I can allege that the abundance of technical indicators is the main feature for me. I’m fond of technical analysis, so that’s why I remain here. Moreover, zero commissions on depositing/withdrawals help me a lot. However, my question is there negative balance protection?</p>

BalladogarReply
Initial 1-star score

Reply to comment #1051

<p>It is good to hear that. I mean that it is never too late to acquire new skills and habits and the very fact of coming to fondex because of good trading conditions speaks volumes. Anyway, good luck with mastering ctrader and conquering the market 😎</p>

Ryszard MajewskiComment
Initial 1-star score

<p>I decided to start working with this broker because Fondex is a broker with good trading conditions.<br> I should confess that I thought that the cTrader trading platform was very difficult and I could not cope with it.<br> Nothing is impossible!<br> Fortunately, I was able to use a demo account for a long time, which I need to study trading instruments and create my own trading strategy.<br> I am sure that the trade will be successful!</p>

Jan KaczmarekReply
Initial 1-star score

Reply to comment #1049

<p>It seems to me that using a copy of the trading platform should be an additional tool.<br> The trader must learn to trade, forecast and open orders by himself. But, this is just my opinion.</p>

KerrgonComment
Initial 1-star score

<p>Actually, I have tried so many brokers in my life and this one is the last, mainly because it suited my trading needs. There are pretty low spreads and that was the main thing which gained my attention once. Nevertheless, I have some questions. Is it worth exp[loring the copy trading platform further, what’s your experience with it?</p>

GengadReply
Initial 1-star score

Reply to comment #1047

<p>Of course, there is no ideal asset for quickly increasing your deposit. Among traders the most profitable are usually the most volatile currency pairs, pairs that are considered to be majors.<br> This can be a dangerous misconception, because trading on these currency pairs allows you not only to quickly increase your deposit, but also quickly lose it.<br> More experienced traders are inclined to believe that trading in stocks is ideal for increasing the deposit. Perhaps, the increase in the deposit will not be as fast as it is possible on the major currency pairs. But I increased my Fondex deposit by closely following the news of major companies and trading stocks.</p>

Hernani GilComment
Initial 1-star score

<p>I’m looking forward to trading with you because I find your trading conditions very attractive. I have recently found out that you abolished fees on all assets. I welcome this decision of yours. I have nearly decided to open a real account with your company. I intend to trade very actively throughout the day and I want to make one thing clear. What assets do you recommend me to trade to quickly increase my depo?</p>

Timurs VeidenbaumsReply
Initial 1-star score

Reply to comment #1045

<p>I want to convince you that cTrader will not be more difficult than the rest of the trading software.<br> Besides, cTrader has more options for quality analysis. This is very important for profit.</p>

Gabriel FerrazComment
Initial 1-star score

<p>I read different Forex brokers for several days, looked for a broker and decided to try trading here. I liked Fondex with its low spreads and a small deposit to start trading. But of course I will start trading with a demo account. Everybody does it. It is necessary to study and there is such an opportunity, but something worries me. I know that there is a special trading platform cTrader that a small number of brokers have. I don’t worry much. Is this software not complicated? Is it ok to trade here ??</p>

Kamil KrajíčekReply
Initial 1-star score

Reply to comment #1043

<p>The only thing that you should keep in mind regarding deposits and withdrawals is that you should use the same payment methods for both types of operations. The rest is completely free as Fondex does not charge any commissions for deposits and withdrawals, while processing takes very short time. So once you make good profits and request a withdrawal, don;t be surprised to see your funds in your account in a blink of an eye 😉</p>

Igor LewandowskiComment
Initial 1-star score

<p>There are lots of reasons why I chose this broker. For example, I liked floating spread, starting from 0 pips, or quite medium leverage 1:500 which allows traders not to forget about risk management practices and make deals wisely. Moreover, I would note the presence of both manual and automatic trading here. As for automatic, then you can choose either between a provided trading bot or you can write the code for your own in a special platform. By the way, anyone knows something about deposits and withdrawing conditions?</p>

Gam HuanReply
Initial 1-star score

Reply to comment #1041

<p>Yes, you can save money on each trading position because the broker doesn’t charge fees on cryptos.</p>

E. AutherapadyComment
Initial 1-star score

<p>I am working with Fondex recently. I can’t specifically say anything good or bad about this broker. It seems to be an ordinary forex broker, with its pros and cons. I have not noticed anything super, and I have no problems either. I like the customer service, the support team is very responsive, they work well, they help if necessary, and they do not annoy me unnecessarily. I have already withdrawn money a couple of times, so this point has already been checked. The broker offers more than 1000 assets for trading, among them are more than 900 stocks such as Apple, Amazon, BMW; 15 indices such as NASDAQ, DAX, FTSE; precious metals. There is a free demo version and protection against negative balance, copy trading – copying proven strategies of other traders is allowed. Automated trading is allowed. I am 100% happy with my broker at the moment. Over time, I will see how things go, and if anything changes, I will write a second review. The cTrader trading platform is suitable for professionals and novice traders.</p>

Maksymilian MarciniakReply
Initial 1-star score

Reply to comment #1038

<p>Broker Fondex tries to offer the best trading conditions and therefore there are 0 commissions for cryptocurrency trading.</p>

Łukasz SzymczakReply
Initial 1-star score

Reply to comment #1036

<p>I also recently started using the cTrader trading platform and I want to say that this software is much easier than Metatrader 4.<br> I like to use this.</p>

Kevin MascarenhasReply
Initial 1-star score

Reply to comment #1035

<p>I have only used the Metatrader4 platform before, but I have no experience with cTrader. Can you advise how easy it will be for me to learn this new program?</p>

Dwi UsamahComment
Initial 1-star score

<p>I have been trading forex for about 8 years now. During this time I have worked with different brokers. Frankly speaking, I have never heard anything about Fondex 2.5 months ago. I got to know it purely by chance and opened a demo account. I will tell you right away that there is no difference between demo and real account. I am very glad to advise that there is no spread, no limits on pipsing and hedging. I was surprised by the great access to the trading tools.<br> For those who are new to currency trading, the company’s analytics and tutorials section will be of great help. It is possible to receive information directly in the browser of the trading platform, without applications and any routine.<br> The broker also offers advanced fundamental analysis with FXStreet. As a user of the cTrader trading platform, you will be able to generate a detailed report on your trading activity.<br> Anyone who knows how to make money will do so at any broker, but if you want more quality, then try working with these guys.<br> A decent broker, without the hype of scandals. I am always pleased with the accurate execution.</p>

Adiarja SuartiniReply
Initial 1-star score

Reply to comment #1033

<p>I often use MACD and RSI. When these two indicators work together, they almost always give the correct signal to trade.</p>

Frederico NetoComment
Initial 1-star score

<p>I have been trading with a broker for the third month. So far, it goes so-so, with a variable success. Someone can tell you which indicators bring you the most profit when trading with Fondex?</p>

Sebastjan SmrekarComment
Initial 1-star score

<p>To trade successfully, I often need to go back and look at the history of transactions. I want to know if there is access to the user’s complete history of transactions?</p>

Tomás BorgesReply
Initial 1-star score

Reply to comment #1029

<p>I have no idea whether the broker intends to add new platforms or not. As for me, I’m quite satisfied with cTrader. Its layout is completely different from Metatraders. It’s more user-friendly. So, I think that you’ll easily get used to it.<br> It’s more convenient to view news on this platform. Besides this, it’s much easier to access assets here – they are all in the list to the left.</p>

L.ManichkaComment
Initial 1-star score

<p>This broker was recommended as reliable and having good trading conditions as well as protection against negative balance. I am confused by the absence of such familiar trading platforms as MT4 and MT5.<br> I would like to hear feedback from those who used the trading platform cTrader.<br> Indeed, it is difficult to move on to something new than you’re used to. I would like to hear about the advantages and disadvantages of this trading platform, whether its functionality is similar to MT4 and MT5.<br> In general, is the broker planning to add new trading platforms?</p>

Julius SeitzReply
Initial 1-star score

Reply to comment #1026

<p>Fondex provides good trading conditions and leverage up to 1: 500. You can change the settings in your account. I don’t know any other way. You can also contact the Fondex support service and they will help you.</p>

Serse BernardiReply
Initial 1-star score

Reply to comment #1026

<p>Setting up leverage with Fondex broker is when you open your trading account. But if you change your mind and understand that you need a higher or lower leverage, you can change it in the Fondex trading account settings!</p>

Hubert StarkReply
Initial 1-star score

Reply to comment #1024

<p>I think you need to look at the popularity of a trader and his strategy. And you also need to pay attention to what percentage of the profit to the deposit this strategy brings. You can easily see this on the Fondex website. There is also a rating of master traders.<br> I want to say that the services of this broker are impressive.</p>

Jaime AnjosComment
Initial 1-star score

<p>Recently I started to study trading and all its subtleties. I like watching the news on economic topics and watching Forex. It fascinates me.<br> I have been at Fondex for over a month. It seems to me that this is a good enough broker with acceptable trading conditions. During the month of my activity, I have never been delayed in payment or frozen my account, as other unfair brokers do!<br> I like the platform of this broker. cTrader is practical and convenient for both beginners and pro traders. The broker clearly worked through the instructions and training on the platform, where he gave answers to all the necessary questions. However, I still want to clarify from those who know. How to choose the right master trader? Thanks in advance!</p>

Alade WuraolaReply
Initial 1-star score

Reply to comment #1022

<p>Yes, you can trade mini and micro-lots in Forex, energy, metals and indices. For Stocks and ETFs, the minimum trade size is 1 lot.</p>

Julien AubryReply
Initial 1-star score

Reply to comment #1020

<p>I will tell you more about using Autochartist in Fondex.<br> So, Autochartist contains a window of signals for each asset. The signals are in a time sequence. The most recent ones are always on the top.<br> So you open the Autochartist window in the Fondex platform. Then you look at the pattern, how long it lasted (how many candles), and the signal’s Significance. The last parameter is represented as a scale. This is the value I usually use. If the Significance is high, then I open a trade in the direction shown. If it is small, then I skip it and wait for the next signal.</p>

Rajha HarjhonComment
Initial 1-star score

<p>I’m pleased with spreads and commissions at Fondex. Usually brokers give either account without commissions or without spreads. In both first and in the second case, the costs are quite substantial. If you miscalculate the volume of the trade, you can get a significant loss. And to cover it, you will need a large profit.<br> Fondex has a different model, which I like the most on the market so far. So, at Fondex, the spread is 0.2-0.5 pips on EUR/USD, and the commission is only 5 dollars per lot. These are minimum values.<br> But I got so caught up in my story that I completely forgot to ask: did anyone use the Autochartist in cTrader from Fondex? let me know how do you do that?</p>

Sevak GyalzenReply
Initial 1-star score

Reply to comment #1018

<p>No, your account will not be closed by the broker. It only remains to deposit money and you can get back to trading.</p>

Tope WasiuComment
Initial 1-star score

<p>What if I burn my depo completely on my live account. Will it be closed by the broker?</p>

MedigiReply
Initial 1-star score

Reply to comment #1016

<p>No, the company really doesn’t have any hidden fees. Everything rather transparent and clear with Fondex. Spreads and commissions are lower than the average on the market. And you’re right. It’s especially noticeable on the Bitcoin chart.</p>

Richard S JamisonComment
Initial 1-star score

<p>I’ve been trading at Fondex not so long. I came here on the recommendation of my friend. He discovered this broker less than a year ago. At that time, not much was known about this company yet. But my friend managed to discern the company’s potential and says that he has never regretted his choice.<br> I’m also pleased with the trading conditions at Fondex. I trade in the comfortable cTrader platform with the possibility of copying trades.<br> But I have one question. I recently opened a Bitcoin chart and wanted to open a trade. But I was confused by the very tight spread. It was several times smaller than in other companies. Is this really so? Or do I have to pay some extra costs besides a small spread and commission?</p>

Zahir UsmanReply
Initial 1-star score

Reply to comment #1014

<p>There are a lot of assets, primarily Forex currency pairs and stocks. I can’t say anything about other assets, because I simply don’t trade them. All in all, if you are not looking for something very specific, I don’t think you will have any issues and you would diversify your portfolio.</p>

Subham LawotiReply
Initial 1-star score

Reply to comment #1010

<p>Of course, you can scalp with this broker. As for the 60-second time limit, I guess that you are confusing Fondex with another broker. They don’t have any restrictions regarding the time that a trade must last. So it suits perfectly for scalping. I know that from my own experience.</p>

Irag RahmawatiComment
Initial 1-star score

<p>I was looking for cTrader brokerage and Fondex was one of the most obvious choices, so I just chose it to trade with. I was choosing brokers only by the spread size, nice that on Fondex you can check them on the website even without signing up, so that’s as fast as possible. Spreads for major Forex pairs are even lower than 1 pips, that’s the most tasty offering among cTrader brokers. I’m trading a year already, everything is nice, I have nothing to complain about. But I can’t find info about scalping there, is it allowed? I’ve seen info that there’s 60 seconds time requirement, is that true?</p>

Mckenzie TreutelReply
Initial 1-star score

Reply to comment #1007

<p>There are no commissions on crypto currencies.<br> But there is a variable spread – about 10 dollars.<br> There is not only the usual bitcoin, but also other crypto currency options.<br> Money for bitcoin wallets are withdrawn without commission.</p>

MatasReply
Initial 1-star score

Reply to comment #1007

<p>Trading conditions in this company are quite specific. First, one should say that it’s a cTrader-oriented broker. So, you will not find any other trading platforms, including classical and widespread ones, such as Metatraders. Here you are expected to use only cTrader. However, it can be a problem only for true fans of Metatraders. Many people, especially freshers like cTrader for its catchy and intuitive design and decent functionality.<br> Another thing that may surprise you is that Fondex offers only one account, but it’s pretty universal and boasts a slew of attractive features. For example, you can enjoy very low spreads (from o pips). It’s possible to trade digital coins as well as indices without commission. As for other assets, get ready to pay $1 per side for 100 shares and ETFs and also $2.5 per side per $100k traded volume for energies, precious metals, and currency pairs.<br> There’s no minimum deposit here. The maximum leverage is 1:500.</p>

NMontalvoReply
Initial 1-star score

Reply to comment #1005

<p>Just an MT4/MT5 analogue. I think the platform to trade with depends only on your mindset, so I can’t suggest nothing in this regard. By the way, there is one strong advantage that allows cTrader to overcome MT4/MT5. You can use C## to create scripts (cBots) for further trading. So creating code is easier for cTrader, compared to Metatrader and its MQL</p>

Bicky SharmaComment
Initial 1-star score

<p>What kind of platform is cTrader? I’ve never heard of it before, and I think it’s weird. But I’d be happy to be informed a bit about it, thank you in advance 😉</p>

EEdenReply
Initial 1-star score

Reply to comment #1003

<p>Yes, signals are usually provided within a day. And as I have noticed, usually the least signals are provided on Monday – well, this is understandable, because on this day the market only “recovers” after the weekend. On the other weekdays, however, there are a lot of them.</p>

Arun NakarmiComment
Initial 1-star score

<p>I have already tried to use automated trading strategies here. Everything works fine.<br> There is a question about trading signals. Are those posted every day?</p>

BanqulReply
Initial 1-star score

Reply to comment #1001

<p>I’d suggest using a live chat. I’m not a big fan of phone conversations, moreover that you’ll need to spend time on identification before they can help you anyhow with your account by phone. So the live chat is the fastest and the most convenient method. To tell the truth I’ve never used mail with them apart for sending the docs, but I guess that can work fine either. At least the verification process was very fast in my case too (by e-mail)</p>

Phuong TouReply
Initial 1-star score

Reply to comment #999

<p>It’s quite effective, with typical limitations of automated trading system. It is more effective than manual trading of a non-professional trader, but certainly not more effective than trading of a professional trader. I see automated trading as a way to diversify risks. I invest part of my money in manual trading, part of my money in automated trading.</p>

R.WalshReply
Initial 1-star score

Reply to comment #997

<p>This is a copy of other traders’ trades.<br> Here, as well as active trading, you need capital and proper risk management.<br> But it can be convenient, if you can not deal with the market yourself for some reason.</p>

LandirReply
Initial 1-star score

Reply to comment #995

<p>Yeah, it’s not only allowed, but companu actively promote it. There’s cTrader automated trading platform and it’s good, even taking in account the fact that I don’t like automated trading, I prefer manual trading.</p>

S.BarrazaReply
Initial 1-star score

Reply to comment #993

<p>Oh, it’s no big deal, you’ll figure it out quickly.<br> You just choose in the rating those traders who make large and regular profits and subscribe to them.<br> When they execute orders, they are copied to your account.<br> This is the best solution if you do not have the opportunity or time to analyze the market yourself.<br> It is very convenient.</p>

Pablo AragaoReply
Initial 1-star score

Reply to comment #991

<p>This is an excellent format for those who do not have the opportunity to deal with the market and trade on their own.<br> There you can choose from more than 400 different approaches with one click, you can choose your own strategies and stop this format at any time.<br> You can choose how you want to allocate funds for each trade – increase or decrease.<br> You also have a stop-loss under your control and you can change it for each specific strategy.<br> Some of the strategies are free, while others will require a certain commission from you – it all depends on your provider. But you will immediately see this information, so there are no unpleasant surprises.</p>

Mekhi LarsonComment
Initial 1-star score

<p>Guys, does copy-trading feature really works there? And what the conditions?</p>

Nicholas BlickReply
Initial 1-star score

Reply to comment #989

<p>Yeap, copy-trading is available at the platform. Actually this is one of the biggest advantages of a cTrader. Folowing the master account of a chosen trader is a way to diversify owns strategies portfolio or simply one of the passive investments methods.</p>

Nils SaizComment
Initial 1-star score

<p>Like many others I’ve started trading with a dream of making millions overnight. And like many others the dream did not come true. it took time to understand that my discrete trading is more of a gambling approach to markets. It took over a year to come to this conclusion. Fortunately Fondex has got copy-trading solution. I withdrew half of my deposit and left the remaining half to try out the copy trading. I don’t suggest investing in top of the top performers here, as high returns often have some underlying issues like large expected drawdowns. At the moment I’m investing in 3 different strategies with moderate risks and am totally happy with moderate 50-70% yearly returns.</p>

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