Conedex has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The onboarding at Conedex was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Detailed reporting|Real-time alerts|Wide product range|Copy trading available
Cons: Website design could be more modern
I want to warn everyone about Conedex. They have been flagged by Financial Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Professional looking website
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
My withdrawal from Conedex was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since mid-2025 of being strung along.
Pros: Economic calendar|Intuitive for beginners|Excellent charting
Cons: Desktop app not available on Linux|Search feature is basic
I requested my data from Conedex under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Detailed reporting|Good analytical tools|Clear documentation|Helpful community forum
Cons: Some tools only available on higher tiers
The hidden fees at Conedex are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Regular platform improvements|Educational resources|Smooth onboarding
Cons: Wait times can be long during peak hours|Limited ETF selection
Conedex has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Regular updates|Comprehensive tools|Fast deposits
Cons: Slow to add new assets
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
After seeing ads for Conedex online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
After for a couple of months now with Conedex I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Real-time alerts|Great customer service|Transparent fees|Personal attention
Cons: Charting tools need more indicators
Opened my account with Conedex after a family member had a good experience and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Regular platform improvements|Economic calendar|Responsive team
Cons: Help articles are sometimes vague|Could offer more webinars