General Risk Warning: Before deciding to participate in the Forex trading market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
There are risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connection. Intro Forex Brokers is not responsible for communication failures or delays when trading via the Internet. Intro Forex Brokers employs backup systems and contingency plans to minimize the possibility of system failure, and trading via telephone is always available.
Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. Intro Forex Brokers is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Intro Forex Brokers Review has taken reasonable measures to ensure the accuracy of the information on the website. The content on this website is subject to change at any time without notice.
Highest profit splits in the industry —Fidelcrest pays out 80–90% of profits to funded traders. It doesn’t get any better than that.
Rapid funding —Fidelcrest has no minimum trading days for either stage of its evaluation. It is actually possible to pass both phases in one day.
Earn money during evaluation — If you pass the second stage of your evaluation, you will receive a bonus payout, up to $30,000.
Best prop trading firm for crypto — Fidelcrest offers more options for trading crypto than any other prop firm.
Ton of tradable assets — Trade crypto, stocks, commodities, metals, and forex.
Infinite account options —Regardless of your experience level, risk tolerance, or pocketbook, you can find the perfect account for you.
Million dollar account size —Confident traders can sign up for a Pro Account with a $1 million initial account balance. No scaling. Pay the initial fee, pass the two evaluation phases, and you’ll be trading $1 million.
Trustworthiness —Fidelcrest has been around for more than four years and currently has more than 6,000 traders.
Current promotion —For a limited time Fidelcrest is offering two account bonus options to choose from. You can choose to either double your capital or get a free second chance should your fail your evaluation.
Cons
Tough Verification Stage — Phase 2 of the evaluation has tighter trading parameters than the Trading Challenge. For most accounts, the max loss limit is half of what it was during the first phase.
Strict max loss calculation — Fidelcrest calculates your max loss based on your highest account balance, not on your initial balance. That means you could theoretically make a profit on your account, but fail the evaluation.
Too many options — Between the 14 different account sizes, plus choices regarding when to take your free account, choosing which account you want with which options can feel a little overwhelming.
Risk warning
Your capital is at risk. 76% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it.
Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it.
Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it.
Fidelcrest is a trading firm that offers a unique program for traders who want to improve their skills and earn funding to trade with. The company was founded in 2018 and is based in Tallinn, Estonia.
Fidelcrest's program is designed to provide traders with real market experience and the opportunity to trade with the company's capital. Traders start by demonstrating their skills and risk management abilities using a demo account, and once they meet certain targets, they can progress to a live account with Fidelcrest's capital.
Traders can choose to trade in multiple markets, including forex, stocks, commodities, and cryptocurrencies. Fidelcrest also provides traders with access to proprietary trading tools, educational resources, and support from experienced traders.
The company operates on a profit-sharing model, where traders receive a percentage of the profits they generate while trading with Fidelcrest's capital. This incentivizes traders to be profitable and manage risk effectively.
Trading Instrument
Fidelcrest offers traders the ability to trade a wide range of financial instruments across various markets. The specific trading instruments available to traders may vary based on the account type and trading platform used, but some of the most common instruments include:
Forex: Fidelcrest provides access to the global foreign exchange market, allowing traders to trade major, minor, and exotic currency pairs.
Stocks: Traders can trade popular stocks from major exchanges such as NASDAQ, NYSE, and others.
Commodities: Fidelcrest offers traders the ability to trade a range of commodities, including precious metals such as gold and silver, agricultural products, and energy products such as crude oil and natural gas.
Cryptocurrencies: Traders can also trade cryptocurrencies such as Bitcoin, Ethereum, and other popular digital assets.
It's worth noting that the specific trading instruments available to traders may vary based on the account type and trading platform used. Traders should carefully review the available instruments before starting to trade to ensure they are comfortable with the risks and potential rewards of each instrument.
Trading flatform
Fidelcrest offers traders access to multiple trading platforms, including both desktop and mobile applications. These platforms provide traders with a range of features and tools to help them analyze markets, manage their trades, and make informed trading decisions. Some of the trading platforms available to Fidelcrest traders include:
MetaTrader 4 (MT4): MT4 is a popular and widely used trading platform that provides traders with advanced charting tools, technical indicators, and algorithmic trading capabilities.
MetaTrader 5 (MT5): MT5 is a more advanced version of MT4, offering additional features such as improved order management and execution, as well as access to additional markets.
cTrader: cTrader is a powerful trading platform that offers advanced charting and technical analysis tools, as well as fast order execution and customizable interface.
Fidelcrest Pro: Fidelcrest Pro is a proprietary trading platform developed by Fidelcrest, which provides traders with access to advanced trading tools and features, as well as real-time market data and analysis.
Traders can choose the platform that best suits their needs and trading style, and can access these platforms through desktop applications, web-based platforms, or mobile applications for iOS and Android devices
Account type
Fidelcrest offers several account types for traders who wish to participate in their program. The account types are designed to suit the different needs and trading styles of traders, and they differ in terms of the minimum deposit required, the maximum amount of capital provided by the firm, and the profit-sharing arrangement. Some of the account types available on Fidelcrest include:
Starter Account: The Starter Account is the basic account type, which requires a minimum deposit of $1,000. Traders can trade up to $10,000 of Fidelcrest's capital, and the profit split is 50/50.
Advanced Account: The Advanced Account requires a minimum deposit of $3,000. And traders can trade up to $50,000 of Fidelcrest's capital. The profit split is 60/40, with the trader receiving 60% of the profits.
Pro Account: The Pro Account is designed for experienced traders, and requires a minimum deposit of $10,000. Traders can trade up to $500,000 of Fidelcrest's capital, and the profit split is 70/30, with the trader receiving 70% of the profits.
Elite Account: The Elite Account is the highest account type, and requires a minimum deposit of $50,000. Traders can trade up to $2 million of Fidelcrest's capital, and the profit split is 80/20, with the trader receiving 80% of the profits.
Each account type has its own specific requirements and profit-sharing arrangement, and traders can choose the account type that best suits their trading goals and experience level.
Fidelcrest Commission
Fidelcrest does not charge any commissions or fees on trades made by traders in its program. Instead, the company operates on a profit-sharing model, where traders receive a percentage of the profits they generate while trading with Fidelcrest's capital. The profit split between Fidelcrest and the trader varies depending on the account type and ranges from a 50/50 split to an 80/20 split in favor of the trader.
Traders in the Fidelcrest program also have access to a range of trading tools, educational resources, and support from experienced traders, all of which are provided at no additional cost. This allows traders to focus on their trading strategies and performance, without worrying about incurring additional fees or charges.
Spread
Fidelcrest's spreads vary depending on the trading instrument and market conditions. As a proprietary trading firm, Fidelcrest does not act as a market maker or offer traditional retail brokerage services, so the spreads charged may be different from those offered by traditional brokers.
Since Fidelcrest offers access to various financial instruments across multiple markets. The spreads charged may vary depending on the instrument and market being traded. Generally, Fidelcrest strives to keep its spreads as low as possible. To ensure that traders can execute trades at competitive prices and maximize their profits.
Traders should be aware that while spreads are an important factor to consider when evaluating trading costs. There are other costs to consider, including commissions, overnight financing charges, and slippage. Traders should carefully review all trading costs before starting to trade with Fidelcrest or any other trading firm.
Fee
Traders are provided with access to Fidelcrest's capital to trade with. And the profits generated from trading are split between the trader and Fidelcrest according to a predetermined profit-sharing agreement. The profit split varies depending on the trader's account type and ranges from a 50/50 split to an 80/20 split in favor of the trader.
Leverage
Fidelcrest provides its traders with access to leverage. Which allows them to trade with larger positions than their account balance would allow. The amount of leverage provided depends on the trader's account type and the instrument being traded.
The leverage offered by Fidelcrest ranges from 1:10 to 1:200. With the maximum leverage depending on the trader's account type and the instrument being traded. For example, the maximum leverage available for forex trading is 1:200 for the Elite Account, 1:100 for the Pro Account, 1:50 for the Advanced Account, and 1:30 for the Starter Account.
It's important to note that while leverage can amplify profits. It can also increase the risk of losses, as losses are also amplified in proportion to the leverage used. Traders should use leverage with caution and implement appropriate risk management strategies to help protect their trading capital.
Fidelcrest desposit and withdrawal
Fidelcrest provides its traders with several options for depositing and withdrawing funds. The available methods may vary depending on the trader's location and the specific requirements of the payment provider.
For depositing funds
Fidelcrest accepts bank wire transfers, credit/debit cards, and a range of electronic payment methods such as Skrill, Neteller, and Bitcoin. The minimum deposit amount varies depending on the account type, but typically ranges from $100 to $5,000.
For withdrawing funds
Traders can request a withdrawal through their Fidelcrest account dashboard. The funds are typically returned using the same method that was used to deposit the funds. And the processing time may vary depending on the payment provider. Fidelcrest does not charge any fees for withdrawals. But traders should check with their payment provider for any potential fees or charges.
It's important to note that Fidelcrest may require additional documentation to verify the trader's identity and comply with anti-money laundering (AML) regulations before processing a withdrawal request. Traders should ensure that they have provided all the required documentation to avoid any delays in processing their withdrawal requests.
Customer support
Fidelcrest provides its traders with several channels to access customer support. The company's customer support team is available 24/7 to assist traders with any questions or issues they may have.
Traders can access customer support through the following channels:
Email: Traders can send an email to support@fidelcrest.com and expect a response within 24 hours.
Live Chat: Traders can access live chat support through the Fidelcrest website. The live chat feature is available 24/7.
Phone: Fidelcrest provides phone support to traders during business hours. Which are Monday to Friday from 9:00 am to 5:00 pm (CET).
Social Media: Traders can also connect with Fidelcrest through their social media channels such as Twitter, Facebook, and LinkedIn.
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Final thought
Fidelcrest is an innovative and reliable FinTech company that offers a unique trading program and a range of other services designed to help traders improve their skills and achieve their trading goals. With its flexible and customizable trading program, advanced technology and risk management tools, and a user-friendly trading platform, Fidelcrest provides traders with the resources and support they need to succeed in the financial markets.
The company's commitment to education, market analysis, and proprietary trading technology also sets it apart from other trading platforms. And its customer support team is always available to answer questions and provide assistance. Whether you are a beginner or an experienced trader. Fidelcrest can help you develop your skills and achieve your trading objectives. Making it a great choice for anyone looking to trade in the financial markets.
FAQ's
What is Fidelcrest? Fidelcrest is a FinTech company that offers a trading program and other services designed to help traders develop and improve their skills.
What services does Fidelcrest offer? Fidelcrest offers a trading program, trading education, market analysis, proprietary trading technology, and a user-friendly trading platform.
What is the Fidelcrest trading program? The Fidelcrest trading program is a customizable program designed to help traders develop and improve their trading skills, regardless of their experience level.
Does Fidelcrest offer a proprietary trading platform? Yes, Fidelcrest offers a proprietary trading platform that is fast, reliable, and user-friendly.
Before starting to trade, never invest too much money in one trade and always follow the rules of risk management. Focus on long-term profits instead of short-term trading. To make the right decisions, always follow financial news and events. It is necessary to create a clear trading plan and strategy and stick to it. Use technical analysis tools to support decision making. Focus on the difference between return and risk instead of just focusing on profit.
Avoid emotional pressure when trading and stay relaxed and patient. In addition, learn and constantly improve your skills and knowledge of Forex trading to achieve success in the field.
The above notes will help you get the best results when participating in forex trading and ensure that you minimize your risks and maximize your profits.