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Fidelis CM Company

Fidelis CM Company Overview

Founding Date and Background

Fidelis Capital Markets, commonly referred to as Fidelis CM, was established in 2011 by a group of industry experts aiming to create a forex brokerage that prioritizes client satisfaction and transparent trading conditions. The company was founded with a clear mission: to provide an optimal trading environment for both retail traders and institutional clients.

Parent Company/Ownership Structure

Fidelis CM operates under the ownership structure of SN Financials, which manages various financial services and investment products. This structure allows the company to leverage expertise across different financial domains, enhancing its service offerings.

Headquarters Location

Fidelis CM is headquartered in Kingstown, Saint Vincent and the Grenadines. This location is strategic for the company, as it provides a favorable regulatory environment for forex trading and online financial services.

Global Business Scope

Fidelis CM has established a global presence, offering trading services to clients across various regions, including Asia, Africa, and Europe. The company aims to cater to a diverse clientele, including individual traders and institutional investors.

Main Regulatory Bodies

Fidelis CM is regulated by the Financial Services Commission (FSC) of the Republic of Mauritius, which provides an investment dealer license (License Number: GB19024708). Additionally, it is registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines (Registration Number: 24163 IBC 2017).

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Company History and Development

Key Milestones

Since its inception in 2011, Fidelis CM has achieved several key milestones, including the launch of its trading platforms, the introduction of various account types, and the expansion of its product offerings to include CFDs and cryptocurrencies.

Business Expansion Journey

Fidelis CM has steadily expanded its services over the years. Initially focused on forex trading, the company has diversified its offerings to include CFDs on commodities, indices, and cryptocurrencies. This expansion has allowed Fidelis CM to attract a broader customer base and respond to evolving market demands.

Customer Base Growth

Fidelis CM has seen significant growth in its customer base since its establishment. The company's commitment to providing high-quality trading services and customer support has contributed to its reputation in the industry, leading to a loyal clientele.

Platform Development History

Fidelis CM offers its clients access to popular trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The introduction of these platforms has enhanced the trading experience by providing advanced analytical tools and features that cater to both novice and experienced traders.

Important Awards or Recognitions Received

Fidelis CM has received multiple accolades for its performance in the forex brokerage industry. Notably, it was awarded the "Fastest Growing Online Forex Broker" at the CIOT Expo in China in 2013 and the "Best Forex ECN-STP Broker" at MENA 2014 in Dubai.

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Trading Services Offered

Forex Trading Options

Fidelis CM provides a wide range of forex trading options, offering over 62 currency pairs for trading. This extensive selection allows traders to participate in various market conditions and currency movements.

Stock Trading Options

While Fidelis CM primarily focuses on forex trading, it also offers CFDs on stocks, allowing traders to speculate on price movements of major companies without owning the underlying assets.

CFD Trading Products

Fidelis CM provides access to a variety of CFD trading products, including commodities, indices, and cryptocurrencies. This allows traders to diversify their portfolios and take advantage of different market opportunities.

Other Financial Instruments

In addition to forex and CFDs, Fidelis CM offers trading in cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. This inclusion reflects the growing interest in digital assets and the company's commitment to providing comprehensive trading options.

Special Services or Unique Advantages

Fidelis CM distinguishes itself with features such as a $2 flat fee per trade, trade insurance programs, and a robust social trading platform that allows clients to copy successful traders' strategies. These advantages enhance the trading experience and provide additional value to clients.

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Regulatory and Legal Background

Detailed Regulatory Information

Fidelis CM is primarily regulated by the Financial Services Commission of Mauritius and is registered with the Financial Services Authority of Saint Vincent and the Grenadines. However, it is important to note that the company has faced scrutiny regarding its regulatory status, with reports of revoked licenses in some jurisdictions.

Fidelis CM operates as an international brokerage with entities registered in multiple jurisdictions to facilitate its global operations. The primary entities include:

  • Fidelis Capital Markets Limited (Saint Vincent and the Grenadines)
  • Fidelis Capital Markets (Mauritius)

Client Fund Protection Measures

Fidelis CM implements several measures to protect client funds, including segregating client accounts from company funds and using reputable banks for fund storage. These practices aim to enhance transparency and security for clients.

Countries/Regions Served

Fidelis CM serves clients from various regions, including Asia, Africa, and Europe. However, it does not accept clients from certain jurisdictions, including the United States and British Columbia, Canada.

Compliance History

Fidelis CM has faced challenges regarding its regulatory compliance and has been flagged for having a suspicious regulatory license in some reviews. Prospective clients are advised to conduct thorough due diligence before engaging with the broker.

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Competitive Landscape

3-5 Main Competitors

Fidelis CM operates in a competitive landscape alongside several other forex brokers. Key competitors include:

  • IC Markets - Known for low spreads and high liquidity.
  • Pepperstone - Offers a range of trading accounts and platforms.
  • Exness - Provides flexible leverage and a wide variety of financial products.
  • Positioning in the Industry

    Fidelis CM positions itself as a client-centric broker that emphasizes transparency, low trading costs, and a diverse range of trading instruments. Its competitive pricing and unique services, such as trade insurance, help it attract traders looking for value.

    Market Differentiation Factors

    Fidelis CM differentiates itself through its flat fee structure, social trading capabilities, and a commitment to providing a transparent trading environment. Additionally, its focus on customer service and support enhances its appeal to both novice and experienced traders.

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    In conclusion, Fidelis CM is a forex brokerage that has made significant strides since its founding in 2011. With a focus on client satisfaction and a diverse range of trading services, it has positioned itself as a notable player in the forex market. However, prospective clients should conduct thorough research and due diligence to ensure that the broker aligns with their trading needs and preferences. For more information, please learn more.