As long as I do not have too much experience in trading forex, I prefer following profitable traders. After trying to deal with many different brokers, I have found Fondex -- a company that is on traders’ side with many aspects of services and strong support. Three ways of trading are represented here. The most important for me is the copy-trade platform that I use to make money and keep learning at the same time. When I choose strategy providers I look at the following factors: - limited drawdowns - average holding time per position above 4 hours - major currency pairs and cross-rates - stable ROI Besides, I try to understand the reasons why traders open deals in terms of fundamental and technical analysis. The Fondex cTrader platform is a great tool to analyse charts as it has a wide variety of indicators, drawing tools and graphical objects in detachable charts. THere’s also a news feed that can be filtered by the asset I watch. The platform also has a section for automation where lots of cBots are present, so I already started to discover the basics of algorithmic trading.
This broker is very interesting for me because I’m fond of crypto trading. Respectively, I’m looking for the best trading conditions for these popular assets. This brokers definitely meets this criteria. It doesn’t charge commission to trade cryptos, so I can scalp this stuff all the time without cracking my head on how much I’m going to lose on each trade.
Each broker has its own advantages. It seems to me that now there is a struggle for the crown. But there are not a large number of brokers who stand aside. The most interesting is of course Fondex. The advantage is in the trading platform. It is cTrader. Yes, I know that there are other brokers with this platform, but read the reviews of other traders. Fondex broker has better trading conditions than others. Low spreads and no commissions. Also, a large selection of trading assets. I think it's great)
With these guys for several months already. At the moment there have been no problems, so for now I declare that Fondex is an excellent broker. I watch their videos on YouTube and always have the latest news. The trading platform used by the broker is ctrader. By the way, my first payout on Neteller came in a day. There are also no questions about the quality of service and work of Fondex services.
Fondex broker offers two effective platforms for different trading styles: cTrader for manual and automated approaches, and the copy-trade platform to follow other traders automatically. Together with affordable trading conditions, that makes the broker’s offer flexible and competitive.
The Fondex brokerage has the cTrader platform for manual and algorithmic trading, as well as the copy-trade platform to follow successful traders automatically. Spreads, commissions, and swaps are affordable, and connection speed is reliable.
Excellent trading platform. Many traders do not yet understand this and trade with MT4 or MT5. In fact, MT5 is a bit like the cTrader trading platform. Probably the number of indicators and Depth of Marketcreates this feeling. Still, I believe that the Fondex broker made a right choice choosing ctrader over MT. This is my opinion and perhaps you might disagree. In addition, Fondex has low spreads and no commission, which makes trading better and more profitable.
I really want to point out that Fondex has picked a normal range of assets - including a lot of commodities and stocks - because it really allows you to build a great investment portfolio that you can use over time and take advantage of all the fundamental analysis that is now the backbone of the market.
My Fondex path as a broker began with the experience of copy trading. This is when trades are opened and closed automatically in sync with an experienced trader trading. I have traded this way for over a month and my average earnings were 50% per month. So that you understand, the average earnings of a beginner trader can be 3-10%. This suggests that you can make money from $ 100, but this is not the most profitable expectation ($ 1000 will make more). However, this is a sufficient amount for training. All traders start with small amounts and achieve big results after deep learning. The size of the deposit should be gradually increased as the success in trading improves. Thanks to the experience of copy trading with, now I am quietly doubling my deposit in a month. The withdrawal of money from the Fondex broker takes place without delays in the terms promised on the website. Also, the site contains news and analytical materials that allow you to keep up with the times and stimulate constant development.
Although the cTrader platform is an outstanding solution for manual trading and market research, the Fondex broker does not offer any alternative. The rest of the trading conditions and broker features are above average. I appreciate the high level of support from the team.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.