Compare forex brokers Core Spreads VS Fondex

If you're choosing between Core Spreads and Fondex forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is Core Spreads better than Fondex? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

CORE SPREADS VS FONDEX

Core Spreads
Core Spreads Overview

Core Spreads is an online Contract for Difference (CFDs) and spread betting platform that is owned and managed by Finsa Europe Ltd. Based in the United Kingdom, Finsa Europe Ltd’s head office is located at Tower Bridge Business Centre, 46 – 48 East Smithfield, London.

Fondex
Fondex Overview

Fondex is a multi-asset financial broker that was established in 2017. The brokerage offers traders from around the world the ability to trade over 1000 tradable instruments, across 7 asset classes, all from one platform.

# Broker's Features CORE SPREADS Availability FONDEX Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare Core Spreads vs Fondex.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Core Spreads offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Bonds, while Fondex offers Currencies, Commodities, Indices, Stocks, Cryptocurrency.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. Core Spreads is STP, while Fondex is ECN, Market Maker, No dealing desk, STP.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Core Spreads is regulated by ASIC, FCA, while Fondex regulated by CySEC, MiFID. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. Core Spreads offers USD, EUR, GBP different account currencies for each account types, while Fondex offers account currencies.

Languages Available: Next lets have a look at each broker's different Language options. Core Spreads offers English, while Fondex offers Arabic, English, French, German, Greek, Indonesian Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. Core Spreads offers Credit/Debit Cards, Bank Transfer, Skrill, Payoneer different payment methods for each account types, while Fondex offers Credit/Debit Cards, Neteller, Skrill, Bank Wire Transfer payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Core Spreads makes MT4, Proprietary available to clients, while Fondex offers cTrader.

The Verdict: Core Spreads or Fondex?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, Core Spreads is more reliable based on our criteria above. Only Core Spreads offers demo account, allowing you to test their platform to see which is suitable for you. Only Core Spreads Offers the MetaTrader Platform. MetaTrader platform is a comprehensive trading platform that is often touted as being the best for forex trading. A popular, versatile and unique tool. Core Spreads offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. Core Spreads offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

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