Welcome to Fondex Journal
Journal status: live
Fondex actively participating | not yet
- Website: http://fondex.pro
- Year founded: 2011
- Headquarters: Bermuda
- Dealing type: MM
- Minimum deposit (MM account): $ 1
- Full listing profile: Fondex broker profile
Is Fondex safe?
- Investor protection: no
- Regulation: not regulated
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is Fondex trusted?
- Information transparency: high
- Customer service: prompt, helpful
- Fondex website: highly detailed, updated
- Fondex popularity (by visitor count): low visits
How Fondex works
8.1The Clients understands and acknowledges that all orders executed between the Client and the Company are orders executed outside a regulated market orMTF.
13.1 With respect to any market data or other information that we or any third-party service provider display on the website, (a) such data is indicative only..
13.2It is noted that the Company’s prices in relation to CFD trading are set by the Company and may be different from prices reported elsewhere. The Company’s trading prices are the ones at which the Company is willing to sell CFDs to its Clients at the point of sale..
25.13 You are specifically made aware that in certain markets, including the foreign exchange markets, OTC foreign exchange options and CFD Contracts, we may act as a ‘Market Maker’, i.e., we may take the risk of holding a certain number of Supported Financial Instruments in order to facilitate trading in these Financial Instruments by displaying/quoting ‘bid’ and ‘ask’ prices (‘buy’ and ‘sell’ quotations) for such Supported Financial Instruments on our Online Trading Facility and filling Orders received in respect to such Supported Financial Instruments from our own inventory or seeking an Offsetting Order.
25.14 You accept that, in such Markets where we act as Market Maker, we may hold positions that are contrary to your positions and/or the positions of certain other of our clients, resulting in potential conflicts of interest between us, and any such other of our clients.