Fondex has further expanded its available account funding methods, with the addition of B2BinPay, one of the leading cryptocurrency payment providers supporting crypto/crypto and crypto/fiat payments.
The multi-award-winning and regulated online CFD broker now allows clients to use this deposit method in order to send funds in BTC, ETH, LTC, XRP, and BCH, which will be converted to EUR or USD and will finally be allocated to their respective trading accounts.
Alex Sologubov, Chief Executive Officer of Fondex, said: “We promised our clients that we will constantly be improving our offering while listening to their feedback and we are proud to say that, so far, we have succeeded in doing so. Our clients asked for more payment methods and we have now added B2BinPay, which they can use in order to fund their accounts via their crypto wallets and withdraw their profits. Simple, secure and straight-forward, that’s how we want our services to be.”
Fondex also offers its clients the option to deposit and withdraw funds using all major credit and debit cards, the more traditional but trusted Bank Wire Transfer, as well as WebMoney.
In June 2020, the leading retail Forex and CFD broker and tradename of institutional prime brokerage TopFX, has set up a new entity, Fondex Limited, related to the acquisition of a license from the Seychelles Financial Services Authority (FSA SC).
Fondex was established in 2017 and acquired its CySEC license in order to provide online trading services in the EU. Still, the trading company has constantly been looking for new ways to expand its business and this new license allows the broker to expand its product and services offered to clients outside Europe keeping the same high standards.
In April 2020, Fondex launched Execution Transparency, a new section on their website showcasing real-time active trader spreads in order to provide an easy-to-understand graphical representation of the broker’s historical spreads, based on the most popular markets traded on Fondex cTrader. Fondex users can view a chart fit to their parameters as they select their preferred instrument from the Popular Markets drop-down list, along with the time period from the chart’s period bar. 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.
The broker offers CFD trading on 1000+ instruments across Forex, Shares, Indices, Precious Metals, Energies, ETFs, and Cryptocurrencies. cTrader is the company’s main trading platform available for customers, who can trade manually, copying other traders’ strategies, using cBots and following signals from Trading Central and Autochartist. Spreads start from 0.0 pips and Fondex claims to have the lowest cTrader commissions globally on Forex, Energies, and Precious Metals. Clients’ funds are kept Tier-1 segregated accounts, while also offering them Negative Balance Protection.