Fondex Review 2026
Full Fondex review for Cyprus traders — regulation, spreads, fees and our honest verdict.
Regulation in Cyprus
| Regulator | CySEC CySEC — Cyprus Securities and Exchange Commission (CySEC) |
| Licence Number | 268/15 |
| Regulated Entity | GX Financial Services Ltd |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $250 |
| EUR/USD Spread | From 0.8 pips |
| Instruments | 500+ |
| Platforms | cTrader, Fondex App |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: EUR10/month after 12 months |
Verdict
Regulated by CySEC (licence 268/15). Minimum deposit $250. In Cyprus: maximum forex leverage 1:30.
About Fondex
Fondex was founded in 2018 and is headquartered in Limassol, Cyprus. The broker offers 500 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by GX Financial Services Ltd under CySEC.
In Cyprus, Fondex operates as GX Financial Services Ltd, authorised by CySEC under licence number 268/15. Cyprus traders are subject to a maximum leverage of 1:30 on forex pairs under CySEC rules.
Trading Platforms
Pros
- CySEC regulated — licence 268/15
- 500+ instruments to trade
- Negative balance protection in Cyprus
- Platforms: cTrader, Fondex App
Cons
- Inactivity fee: EUR10/month after 12 months
- 76% of retail clients lose money
- CFD trading — you do not own the underlying asset
- No real stock ownership
Frequently Asked Questions
Is Fondex regulated?
Fondex holds CySEC licence 268/15, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official CySEC public register.
What is the minimum deposit for Fondex in Cyprus?
The minimum deposit is $250. This is the amount required to open a live trading account for traders in Cyprus under CySEC regulation.
What leverage does Fondex offer in Cyprus?
In Cyprus, Fondex offers maximum forex leverage of 1:30 under CySEC rules. Higher leverage may be available through offshore-regulated entities.
Is Fondex safe to trade with?
Fondex is regulated by CySEC, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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