Fondex Account Type

　　Fondex offers a single flexible account type that caters to various trading needs, including a standard account and a swap-free Islamic account. The key features of the Fondex account include:

• Minimum Deposit: $0, making it accessible for traders of all levels.
• Spreads: Starting from 0.0 pips, providing competitive pricing.
• Commissions:
• $2.5 per side for every $100,000 traded on forex, metals, and energies.
• $1 per side for 100 shares and ETFs.
• No commissions for trading indices and cryptocurrencies.
• Leverage: Up to 1:500 for professional clients.
• Trading Instruments: Access to over 1,000 financial instruments, including forex, shares, indices, commodities, ETFs, and cryptocurrencies.
• Additional Features:
• Micro lot trading available.
• One-click trading, chart trading, and hedging.
• Access to the cTrader platform for advanced trading capabilities.

　　The Islamic account is specifically designed for Muslim traders, allowing them to trade without incurring overnight interest fees, while still being subject to certain trading fees and administration fees.

　　

Fondex Broker Account Opening Process

　　Opening an account with Fondex is a straightforward process that can be completed in just a few steps:

• Visit the Website: Go to the Fondex website.
• Open Account: Click on the "Open Account" button.
• Fill in Details: Provide your personal information, including your email address and phone number.
• Verification Documents: Upload necessary verification documents, such as:
• Proof of identity (passport, national ID card).
• Proof of residence (utility bill or bank statement).
• Account Activation: Once your documents are verified, your account will be activated, and you will receive login credentials.
• Deposit Funds: Fund your account using various payment methods, including credit/debit cards, bank transfers, and e-wallets.
• Start Trading: Log into the cTrader platform and begin trading.

　　The entire process is designed to be user-friendly and can be completed quickly, allowing traders to start their trading journey with ease.