Legal and Regulation
Fondex > About Fondex > Legal and Regulation
Cyprus
CySEC regulated

Cyprus Securities and Exchange Commission

Licence number is 138/11

Fondex is a tradename 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, VAT 10274180P in accordance with the Markets in Financial Instruments Directive (MiFID).

Our regulation requires us to make adequate arrangements to safeguard clients when holding funds belonging to them and explicitly prevents any direct access to your segregated accounts where your funds are kept.

Being regulated means that we have to comply with strict guidelines regarding clients' funds, business practices and risk management to ensure transparent trading and fair client treatment.

TopFX Ltd is governed by all applicable EU and local regulations, including the European Markets in Financial Instruments Directive (MiFID) and the Cyprus Investment Services and Activities and Regulated Markets Law of 2007 (Law 144(I)/2007).

Registrations

United Kingdom
FCA

Financial Conduct Authority

View Registration
Italy
CONSOB

Commisione Nazionale per le Societa e la Borsa

View Registration
Sweeden
Fi

Finansispektionen

View Registration
Czech Republic
CNB

Czech National Bank

View Registration
Latvia
FKTK

Financial and Capital Market Commission

View Registration
Lithuania
LB

Bank of Lithuania

View Registration
Austria
FMA

Financial Market Supervision

View Registration
Malta
MFSA

Malta Financial Services Authority

View Registration
France
AMF

The Financial Firms Register

View Registration
Bulgaria
FSC

Financial Supervision Commisison

View Registration
Poland
KNF

Polish Financial Supervision Authority

View Registration
Slovenia
ATVP

Secutiries Market Agency

View Registration
Spain
CNMV

National Securities Market Commisison

View Registration
Netherlands
AFM

Authority for the Financial Markets

View Registration
Romania
ASF

Financial Intruments and Investments Registry

View Registration
Hungary
MNB

Magyar Nemzeti Bank

View Registration

Open an Account and Start Trading

You are only a few steps away from your first trade

Open Account

Trading CFDs involves significant risk of loss

Frequently Asked Questions
Step 1. Click Open Account.
Step 2. Fill in your email, password and phone number.
Step 3. Launch the platform and fund your account to start trading!
You can deposit and withdraw funds via bank wire transfer, various e-wallets, multiple credit cards and other payment methods. For the full list of our deposit and withdrawal options, please view our Deposits & Withdrawals page.
Fondex offers one all-inclusive account that you can use to trade more than 1000 instruments across 6 asset classes. Our account features tight spreads and is absolutely commission-free.
Yes. Fondex keeps client funds with Tier-1 global banks in segregated accounts. In the unlikely event of liquidation, segregated funds cannot be used to pay creditors and must be returned to clients directly. Fondex is regulated by the Cyprus Securities and Exchange Commission (CySEC) in accordance with the Markets in Financial Instruments Directive (MiFID II).Fondex is also registered with 17 EU Regulators, including the Federal Financial Supervisory Authority (Bafin) and the Financial Conduct Authority (FCA). In order to maintain licensing and registrations, we need to fulfil capital adequacy requirements, submit financial reports to the regulators, and undertake a detailed annual audit performed by an independent auditor.
Fondex offers negative balance protection, so it is not possible to lose more than you deposited.