Description
Company Details
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
- 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
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
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
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
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.