Fidelcrest Broker Review

　　

Fidelcrest 2025 Review: Everything You Need to Know

　　Fidelcrest has emerged as a notable player in the proprietary trading firm landscape since its establishment in 2018. With a focus on providing skilled traders access to substantial capital, it has attracted over 6,000 active traders worldwide. However, the company has faced scrutiny regarding its regulatory status and user experiences. This review will delve into the pros and cons of Fidelcrest, highlighting user experiences and expert opinions while providing a comprehensive overview of the firm.

　　Note: It's important to recognize that Fidelcrest operates through different entities across various regions, which may affect the user experience and regulatory compliance. This review aims to present a balanced view based on multiple sources for fairness and accuracy.

　　

Ratings Overview

Category	Rating (out of 10)
Account Conditions	7
Tools and Resources	6
Customer Service and Support	8
Trading Experience	7
Trustworthiness	6
User Experience	7
Regulatory Compliance	5

　　We rate brokers based on a comprehensive analysis of user feedback, expert opinions, and factual data.

　　

Broker Overview

　　Fidelcrest was founded in 2018 and is headquartered in Nicosia, Cyprus. It operates as a proprietary trading firm, allowing traders to manage accounts with real funds up to $2 million after passing a two-phase evaluation process. The firm offers popular trading platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and traders have access to a diverse range of assets, including forex, CFDs, cryptocurrencies, stocks, and commodities. While Fidelcrest is not regulated by top-tier authorities, it adheres to EU financial standards, emphasizing transparency and risk management.

　　

Detailed Analysis

　　

Regulatory Regions

　　Fidelcrest operates globally, with a significant presence in Europe and the United States. However, it does not hold a license from major regulatory bodies like the FCA or ASIC. This lack of regulation raises concerns for potential users, as it may expose them to higher risks. According to Traders Union, the firm is registered in Cyprus, but users should remain vigilant regarding the implications of trading with an unregulated entity.

　　

Deposit/Withdrawal Currencies

　　Fidelcrest allows deposits in multiple currencies, including EUR and USD, and supports various withdrawal methods such as bank transfers, PayPal, Skrill, and Bitcoin. Notably, there are no minimum withdrawal limits; however, a €50 fee may apply for non-SEPA transfers.

　　

Minimum Deposit

　　The minimum deposit to participate in Fidelcrest's trading challenges starts at €99, making it accessible for many traders. This low entry point is appealing, especially for those looking to test their trading skills without significant financial risk.

　　

Bonuses/Promotions

　　Fidelcrest offers several promotions, including the potential for a bonus upon completing the verification phase of their trading challenge. Additionally, traders can benefit from unlimited retries for the evaluation process, which can help them refine their strategies without incurring extra costs.

　　

Tradable Asset Classes

　　Traders at Fidelcrest can access over 175 financial instruments, including forex, commodities, stocks, indices, and cryptocurrencies. This extensive range allows traders to diversify their portfolios and adapt their strategies according to market conditions.

　　

Costs (Spreads, Fees, Commissions)

　　Fidelcrest offers competitive trading conditions, with spreads starting from 0 pips and commissions averaging around $2 per trade. The firm does not charge withdrawal fees, which enhances the overall trading experience for users.

　　

Leverage

　　Fidelcrest provides leverage of up to 1:100, allowing traders to amplify their positions. This leverage can significantly impact trading outcomes, making it essential for traders to manage their risks effectively.

　　

Allowed Trading Platforms

　　Fidelcrest exclusively offers MT4 and MT5 as trading platforms. While these platforms are robust and widely used, the lack of alternative platforms may limit options for some traders.

　　

Restricted Regions

　　Fidelcrest does not impose significant geographical restrictions, allowing traders from various countries, including the USA, to participate. However, users should verify local regulations regarding proprietary trading.

　　

Available Customer Support Languages

　　Fidelcrest provides customer support in multiple languages, catering to its diverse user base. Support channels include live chat, email, and social media, with live chat reportedly offering quick response times.

　　

Summary Ratings

Category	Rating (out of 10)
Account Conditions	7
Tools and Resources	6
Customer Service and Support	8
Trading Experience	7
Trustworthiness	6
User Experience	7
Regulatory Compliance	5

　　

Detailed Breakdown

• Account Conditions: Fidelcrest provides flexible account options with a low minimum deposit, but the multi-phase evaluation process can be challenging for some traders.
• Tools and Resources: While the firm offers basic trading tools, it lacks extensive educational resources compared to competitors.
• Customer Service and Support: Users generally report positive experiences with customer support, highlighting the effectiveness of live chat.
• Trading Experience: The trading environment is suitable for various strategies, but the prohibition of automated trading may deter some traders.
• Trustworthiness: Fidelcrest is perceived as a legitimate prop trading firm, but its lack of regulation raises concerns for some users.
• User Experience: Overall user experiences are mixed, with many praising the firm's support and trading conditions, while others express frustration with the evaluation process.

　　In conclusion, the Fidelcrest review reveals a firm that offers promising opportunities for skilled traders, but potential users should carefully consider the associated risks and regulatory concerns. While it provides a solid platform for trading with substantial capital, the challenges in the evaluation process and the lack of comprehensive regulatory oversight may not suit every trader's needs.