Fidelcrest is a proprietary firm created by professional Forex market participants. It was registered in 2018 in Cyprus and cooperates with traders from all over the world, including those residing in the USA.
- Low service broker fees for the execution of trading orders.
- Availability of accounts with different levels of risk.
- Financing of up to $2 million is available.
- One time subscription fee unlike the monthly fees other firms offer.
- A wide range of CDFs and currency pairs are available for trading.
- The ability to make transactions with leverage.
- Bonuses are available In the form of accelerated plans, a free additional account and capital double.
- The clients donāt receive passive income
- Expert advisors, trading robots and copy trading are prohibited.
- Technical support service is not available on Saturdays and Sundays.
Fidelcrest Review
Fidelcrest is a proprietary firm created by professional Forex market participants. It was registered in 2018 in Cyprus and cooperates with traders from all over the world, including those residing in the USA. Fidlecrest offers a Pro and Micro account for the mt4 terminal for trading currency pairs and CFDs on stocks, indices, metals and commodity assets. After passing the assessment and fulfilling the trading requirements, the trader gets the opportunity to trade with Fidlecrest
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Geographic Distribution of Fidelcrest Traders
|
UNITED STATES |
17.8% |
|
FINLAND |
7.8% |
|
CANADA |
4.9% |
|
MOROCCO |
1.8% |
|
OTHERS |
57.7% |
Ā Investment Programs and Products of the Broker
Fidlecrest carries with great importance traders who trade themselves and do not reply on automated trading programs. However, the company may make an exception for investors using expert advisors or trading robots. To get connections to them, the trader must submit a request to the support service. As for copy trading, the copy has no exceptions. Therefore It is still highly prohibited. Also the company does not allow providing a userās account to a third party for trading activities.
Fidelcrestās affiliate program
The standard affiliate commission is 15%. The higher you move in levels (Advanced or Super levels), the rate also increases. Also, the trader can receive a bonus of up to $5,000. The minimum withdrawal amount is $200. Money can be withdrawn once a month through bank transfer or in Bitcoins to a crypto wallet.
Fidelcrest also invites companies from different countries to become its local representatives and provide proprietary trading services in their region.
Trading Conditions for Fidelcrest Users
Fidlecrest accept payments from cards, electronic wallets, bank accounts and crypto currency. The client pays the subscription fee in Euro but receives US dollars at their disposal. Initially, the currency is in virtual form and after passing the test and verification process, It is converted into real funds. Trades are executed via FXCH Forex broker, which offers an MT4 terminal and leverage of up to 1:100. Spread starts from 0 pips, fees start from $0. There are four types of trading accounts available.
|
Trading Platform |
MT4 |
|
Accounts |
Pro Trader Normal, Pro Trader Aggressive, Micro Trader Normal, Micro Trader Aggressive |
|
Account Currency |
USD |
|
Deposit/Withdrawal |
Bank transfer, Skrill, Neteller, Bitcoin, Cards (Deposit Only), PayPal (Withdrawal Only). |
|
Leverage |
1:100 |
|
Min Order |
0.01 |
|
Spread |
From O pip |
|
Instruments |
Forex, CFDs on stocks, indices, metals, commodities and crypto currencies. |
|
Margin Call/Stop Out |
No |
|
Liquidity Provider |
No |
|
Mobile Trading |
Yes |
|
Affiliate Program |
Yes |
|
Order execution |
Market Execution |
|
Trading Features |
Trading through FXCH broker |
|
Contest and bonuses |
Yes |
Fidelcrest Commissions and Fees
|
Account Type |
Spread(Minimum Value) |
Withdrawal Commission |
|
Micro Trader Normal |
From $2 |
No |
|
Micro Trader Aggressive |
From $2 |
No |
|
Pro Trader Normal |
From $2 |
No |
|
Pro Trader Aggressive |
From $2 |
No |
Account Type and Descriptions
Fidlecrest offers Micro Trader and Pro Trader accounts, each of which allows you to choose a risk mode such as Normal or Aggressive. Accounts differ based on the deposit provided, requirements for drawdown levels and profit target. Aggressive accounts provide bonuses in the form of capital doubling, free account and an accelerated mode. After the test phases, the trader receives 80% of the profit for trading under Normal risk and 90% under Aggressive risk.
|
Account Type |
Description |
|
Micro Trader Normal |
Accounts with deposits of $10,000, $25,000 and $50,000 virtual dollars. The maximum loss in phase 1 is 10% and 5% in phase 2. The percentage of profit after passing phase 2 is 40% |
|
Micro Trader Aggressive |
Accounts with the same deposits as the Micro Trader Normal account. The loss in phase 1 cannot exceed 20% and 10% in phase 2. After successful trading for 90 days, the trader receives 50% of the profits. |
|
Pro Trader Normal |
Accounts with virtual capital of $150,000, $250,000,$500,000 and $1,000,000. The requirements for the number of acceptable losses are the same as on the Micro Trader Normal accounts. After passing phase 2, the trader can withdraw $3,000- $20,000 in fiat money. |
|
Pro Trader Aggressive |
Accounts with deposit of $150,000,$250,00 and $500,000 with an acceptable loss of 20% in phase 1 and 10% in phase 2. If a trader gets funded, depending on the amount of initial deposit, they will additionally pay $9,000-$30,000 |
NOTE: Each of the accounts provided In the first and second phases are training accounts and become real only after the trader has successfully traded for 90 days.
Fidlecrest is a company that offers accounts with different subscription fees and the amount of virtual deposit provided. The trader can choose the appropriate option depending on their attitude to risk and the available capital.
Withdrawal Options and Fees
- Payouts are made automatically and are available in the currency that the trader used to pay the subscription fee.
- To withdraw funds, you can use bank transfers, PayPal, Skrill, Neteller and Bitcoin. Credit and debit cards can be used only for deposits.
- There is no minimum withdrawal amount.
- If a trader withdraws profits to a bank account outside the SEPA zone, a transaction fee of ā¬50 is withheld. Fees from electronic payment systems are also possible. No withdrawal fee is charged, regardless of the withdrawal method.
Customer Support Service
Advantages:
- Technical Support is available not only to clients but also to website guest
- 24 hour access to company on business days
Disadvantages:
- Weekends are off days.
- Only two communication channels (Online chat and Email) are made available.
Fidelcrest Details
