Fondex vs TopFX
Fondex | TopFX |
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Fondex has closed.
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3.3
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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 | |
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Cons | |
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Awards | |
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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 | |
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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 | |
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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 | |
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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 | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Fondex has closed.
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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. | |
More Comparisons | |
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