Press Release: April 14, 2020
In a continuous effort to be transparent with their clients and stick to one of their key values, Fondex has recently released a new section on their website, showcasing real-time active trader spreads.
In a dedicated Execution Transparency page on the Fondex website, traders will be able to find an easy-to-understand graphical representation of the broker’s historical spreads, based on the most popular markets traded on Fondex cTrader.
By simply selecting their preferred instrument from the Popular Markets drop-down list, along with the time period from the chart’s period bar, users will be able to view a chart fit to their parameters. The spikes on the graph represent the spread values for a selected instrument, on a 15-minute weighted average time frame. A shorter or longer time frame can also be adjusted, by moving the bars on the time period axis.
“This recent introduction to our website has come to prove that Fondex stands by their core values, one of them being transparency. We always aim to be crystal clear towards our existing and potential clients, never hiding any parts of our business. This chart will help traders see for themselves that Fondex is indeed offering them with some of the lowest spreads in the market, making it a very competitive player in the online CFD trading field.”, commented Mr. Alex Sologubov, COO of Fondex.
Fondex is a trade name of TopFX Ltd, which is registered as a Cyprus Investment Firm (CIF) and licensed by the Cyprus Securities and Exchange Commission (CySEC) under licence number 138/11. With more than 1000 instruments across 7 asset classes, Fondex allows investors to create a well-diversified trading portfolio. Fondex cTrader offers the opportunity to trade in four different ways - manually, copying other traders’ strategies, using cBots and following signals from Trading Central and Autochartist - making it the ideal platform for both experienced traders and beginners. Spreads start from 0.0 pips and Fondex charges the lowest cTrader commissions globally on Forex, Energies and Precious Metals. Additionally, Fondex secures its clients’ funds by keeping them in Tier-1 segregated accounts, while also offering them Negative Balance Protection. For more information, please visit https://fondex.com/.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.12% 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