Fondex vs TopFX

Fondex vs TopFX Comparison Table 2024
Fondex TopFX
Fondex has closed.
3.3

Fondex is an award-winning forex and CFD broker with industry low trading costs.

TopFX is a multi-regulated CFD broker with forex, indices, shares, commodities and ETFs traded via the MetaTrader 4 and cTrader platforms. Spreads are tight on the Zero account with competitive €5.50 round-turn commissions, and traders can be assured of fast execution and fair pricing from the broker's direct-market-access model.

76.80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Bonus Offer
$50 No Deposit Bonus
Comment by Reviewer
"TopFX's competitive pricing and fast execution will suit experienced forex traders looking for good value and ultra-fast trading via an STP model."
Pros
  • Full range of investments
  • Multiple account currencies
  • Multiple payment methods
  • Low minimum deposit
  • Copy trading
  • Demo account
  • Regulated
  • Supports powerful MT4 and cTrader platforms
  • Fast execution with average speeds below 30ms
  • Generous rebate promotions for active traders
  • Spreads from zero and low commissions
  • Full range of investments
  • Fee-free account deposits
  • Fast one-day withdrawals
Cons
  • No MT4 integration
  • No demo account
  • Limited crypto trading opportunities
  • Limited educational resources or extra trading tools
Awards
  • Best cTrader Broker, 2020
  • Best Technology Corporate Leadership, 2019
  • Best FX Trading Platform, 2018
  • Best Trade Execution, 2018
  • Best Partner Program, 2017
  • Best Retail Platform, 2017
  • Best Client Trading Experience Broker - Global Forex Awards
Instruments
Forex, CFDs, ETFs, indices, shares, energies, metals, cryptocurrencies Forex, indices, shares, metals, energies, ETFs, CFDs
Demo Account
Yes No
Minimum Deposit
$0 $50
Trading Platforms
  • cTrader
  • AutoChartist
  • TradingCentral
  • MT4
  • cTrader
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FSA, CySEC CySEC, FCA, FSA
Margin Trading
Yes Yes
STP Account
Yes Yes
ECN Account
Yes No
DMA Account
No Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes (cBots) Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
Fondex offers a top-rated copy trading solution where beginners can mirror the buy and sell positions of experienced investors. TopFX offers low-cost copy trading tools to account holders through the cTrader platform. We like the real-time account and fund controls and the user-friendly interface which beats many alternatives.
Social Trading
No Yes
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • USD
  • EUR
Stock Exchanges
Commodities
CFD Trading
Fondex offers leveraged CFDs on a wide range of popular financial markets. Trade CFDs on forex, stocks, indices, energies, metals and ETFs with fast execution and leverage up to 1:30 from the ESMA branch or up to 1:500 from the offshore branch. TopFX is known for its fast execution model with no dealing desk intervention and client safeguards including segregated funds.
Leverage
1:500 1:500
FTSE Spread
1.8 From 1.5
GBPUSD Spread
0.8 From 0.2
Oil Spread
3.4 From 2.0
Stocks Spread
From 0.01 Variable
Forex Trading
Fondex offers trading opportunities on 80 currency pairs, including majors. Trade 60+ currency pairs including majors as well as minors and exotics. This is a good range of FX pairs with attractive trading terms and spreads from zero offered on the broker's DMA accounts.
GBPUSD Spread
0.8 From 0.2
EURUSD Spread
0.45 From 0.2
EURGBP Spread
0.56 From 0.2
Assets
80+ 90
Currency Indices
  • USD
Cryptocurrency
Trade cryptocurrencies on the cTrader platform. Clients with a TopFX FSA regulated account can trade six crypto CFDs. However this is a narrow range and fees aren't the lowest so we don't recommend the broker for experienced crypto traders.
Spread
From 0.5 pips Floating
Coins
  • BTC
  • XRP
  • ETH
  • LTC
  • DSH
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • DASH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Fondex has closed.
76.80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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