House file

Fondex

On the desk for one reason: single-entity structure. 2 register lines are on this file, spread across 2 legal entities in 2 jurisdictions, none of them with a top-tier regulator.

Filed by the desk · Limassol, Cyprus · year established not verified · sourcing confidence: low

On the wire

2 items · 0 notices

Thin file. Most of the commercial detail is unconfirmed and is left blank rather than estimated.

01
register entry
CySEC entry 138/11 for TopFX Ltd
Source: topfx.com
02
register entry
FSA Seychelles for TopFX Global Ltd
Source: fsaseychelles.sc

Entity by entity

2 lines

Register lines on file for Fondex. A blank number is a number the desk could not read on a source; it is not a zero.
Regulator	Jurisdiction	Entity as registered	Number	Tier	Source
CySEC	Cyprus	TopFX Ltd	138/11	T2	topfx.com
FSA Seychelles	Seychelles	TopFX Global Ltd	not verified	T3	fsaseychelles.sc

Tier is the desk's shorthand for the supervising regime, not a quality score: T1 a top-tier statutory regulator, T2 a mid-tier one, T3 an offshore registration.

Commercial detail on the record

Minimum to open	not verified
EUR/USD spread as published	not verified
Leverage as advertised	1:30 (CySEC retail)
Platforms	cTrader
Account books	Demo

What the record says

Fondex is a trade name associated with the TopFX group in Cyprus; TopFX Ltd's own risk disclosure states it is authorised and regulated by CySEC under licence number 138/11.

The Seychelles FSA register page previously indexed as Fondex Limited now resolves to TopFX Global Ltd, listed as a Securities Dealer (checked 9 August 2026).

Fondex's own website did not load over several fetch attempts on 9 August 2026, so no figures were taken from it.

Fondex marketed a single commission-based account on the cTrader platform.

Not verified

6 fields

The desk left these blank rather than fill them from secondary sources. They stay on the file as open questions and will be filled the day a primary source carries them.