Compare forex brokers Fondex VS Oinvest Za

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

FONDEX VS OINVEST ZA

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.

Oinvest ZA
Oinvest ZA Overview

Oinvest ZA is a South Africa-based online FX and CFD broker, established in 2018 that delivers its trading suite using the MT4 trading platform.

# Broker's Features FONDEX Availability OINVEST ZA 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 Fondex vs Oinvest Za.

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. Fondex offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Cryptocurrency, while Oinvest Za offers Currencies, Commodities, Indices, Stocks, Cryptocurrency.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. Fondex is ECN, Market Maker, No dealing desk, STP, while Oinvest Za is 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. Fondex is regulated by CySEC, MiFID, while Oinvest Za regulated by FSCA. 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. Fondex offers different account currencies for each account types, while Oinvest Za offers EUR, USD account currencies.

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

Payment methods: Next lets have a look at each broker's payment options. Fondex offers Credit/Debit Cards, Neteller, Skrill, Bank Wire Transfer different payment methods for each account types, while Oinvest Za 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, Fondex makes cTrader available to clients, while Oinvest Za offers MT4.

The Verdict: Fondex or Oinvest Za?

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

Objectively, Oinvest Za is more reliable based on our criteria above. Only Oinvest Za offers demo account, allowing you to test their platform to see which is suitable for you. Only Oinvest Za 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. Oinvest Za offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. Oinvest Za 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. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. Oinvest Za has a wider range of languages in which customer service is offered making the broker more accessible.

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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