FICReview SummaryFounded2018Registered Country/RegionCyprusRegulationCYSECMarket InstrumentsForex, CFDs, ETFs, Bonds, DerivativesDemo Account/LeverageNot mentionedSpreadNot mentionedTrading PlatformMT4, Multi Product PlatformMin DepositEUR 30 (for missing or incorrect IBAN)Customer SupportPhone: +357 22 502900; +357 22 502999Email: info@fidusinvestments.euFIC Information Founded in 2018, FIC provides diversified trading assets, including foreign exchange, CFDs, ETFs, stocks, bonds and derivatives. The platform operates under the supervision of the Cyprus Securities and Exchange Commission (CYSEC) and its commission is flexible. However, the complex cost structure and limited customer support are not suitable for beginners.Pros & ConsProsConsRegulated by CYSECComplex Fee StructureA variety of financial instrumentsLimited Educational ResourcesAdvanced Trading Platforms: MT4 and Multi Product PlatformCharges costs for missing IBAN information and payment investigations.Clear and consistent commission rates for various securities and marketsPayments through many foreign bank accounts in different currenciesIs FIC Legit? FIC is regulated by CYSEC, and with license numbers 326/17.Regulated countryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCYSECFidus Investments Cyprus LtdStraight Through Processing(STP)326/17What Can I Trade on FIC? FIC provides clients with access to various investment products and services, such as FX, CFDs, ETFs, stocks, bonds, and derivatives.Tradable InstrumentsSupportedForex✔Indices✔Shares❌Metals❌Commodities❌ETFs✔Crypto❌Bonds✔Derivatives✔CDFs✔FIC Fees Compare with other trading institution, the fees structure of FIC is more flexibility but relatively complex. Trading Fees FIC provides a complete commission structure that varies depending on the financial instrument and the market. While FIC's commission structure is flexible, it may be better suited for seasoned traders or those with specific market preferences due to the complexities involved.Financial InstrumentCommission TypeFee DetailsFuturesStandardizedUSD 35, EUR 35, GBP 35, CHF 35, or JPY 3,500 per contractStocks (US)Tiered5‰ for shares > USD 10, 5 cents per share for shares < USD 10Options (US)Fixed7 cents per share with a minimum of USD 50CFDRange5‰ to 7‰ based on market conditionsForexFlatUSD 35, EUR 35, GBP 35, CHF 35, or JPY 3,500 for every 100,000 units of the price currencyCustodyMonthly0.25‰ with a minimum of USD 10Trading PlatformTrading PlatformSupportedAvailable DevicesSuitable for which type of tradersMT4✔Windows, Android, Linux, AppleExperienced traders seeking advanced charting tools and quick trading functions.MT5❌//Multi Product Platform✔Windows, Android, Linux, AppleTraders looking for a comprehensive platform with full customization options and advanced charting capabilities.Deposit and Withdrawal Deposit OptionsDeposit OptionsMin. DepositFeesProcessing TimeBank transfer\EUR 30 for missing or incorrect IBAN\ Withdrawal OptionsWithdrawal OptionsMin. WithdrawalFeesProcessing TimeBank transfer\EUR 50 for payment investigations;EUR 15 per message\