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Fondex broker Accounts

  

Fondex Account Type

  Fondex offers a single flexible account type that caters to the needs of all traders, including options for a demo account and an Islamic account. The key features of the Fondex account include:

  • Minimum Deposit: $0, making it accessible for beginners.
  • Trading Instruments: Access to over 1,000 tradable assets, including Forex, stocks, indices, commodities, ETFs, and cryptocurrencies.
  • Spreads: Starting from 0.0 pips for professional accounts.
  • Commissions:
    • $2.5 per side for $100k volume traded on Forex, metals, and energies.
    • $1 per side for 100 shares and ETFs.
    • Commission-free trading on indices and cryptocurrencies.
    • Leverage: Up to 1:500 for professional clients, with lower leverage limits for retail clients based on regulatory requirements.
    • Account Features:
      • Micro lot trading available.
      • Negative balance protection.
      • Access to advanced trading tools like Autochartist and Trading Central.
      • Scalping and hedging allowed.

        The Islamic account is available upon request, which removes interest deductions or overnight payments, adhering to Sharia law.

        

      Fondex Broker Account Opening Process

        Opening an account with Fondex is a straightforward and fully digital process, typically taking less than 2 minutes. Here are the steps involved:

      • Click on "Open Account": Start by visiting the Fondex website and clicking the "Open Account" button.
      • Fill in Personal Details: Enter your personal information, including name, email, and phone number.
      • Upload Verification Documents: Provide proof of identity (government-issued ID) and proof of residence (utility bill or bank statement dated within the last 6 months).
      • Complete a Questionnaire: This helps Fondex assess your investment knowledge and experience.
      • Account Activation: Once your documents are verified, your account will be activated, and you will receive login credentials to start trading.
      •   Additionally, Fondex allows you to open both live and demo accounts under a single registration, with no minimum deposit required. The demo account comes with $100,000 in virtual funds for practice.

          For more information, visit Fondex.

Fondex accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Fondex Account