Fidelcrest Review (10% discount code: FPR-10%)
4.3

Fidelcrest Review (10% discount code: FPR-10%)

Fidelcrest is a proprietary trading firm that allows traders to access larger capital and make a difference in their lives. They are a globally operating company with headquarters in Nicosia, Cyprus.
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Fidelcrest welcomes ordinary traders to take on their verification challenge, and if they pass it successfully, they can manage up to $1,000,000 capital from anywhere in the world.

Pros
  • Up to 90% profit split
  • 40% Profit split upon completion of Phase 2 - payed instantly
  • 5% Profit Target for Phase 1 and Phase 2 on MicroFX
  • Own trading tech - Fidelcrest Markets - 0 commissions and raw spreads
  • Instant and automatic account delivery upon purchase
  • Multilingual Customer support
  • Overnight holding and news trading allowed
  • Leverage 1:100
  • Up to 1,000,000 capital
Cons
  • Holding trades over the weekend only allowed on Aggressive Models
  • 10% profit target on ProFX Accounts

Fidelcrest encourages its traders to succeed in their careers. They enable them to earn more profits by trading up to $1,000,000 in balance. To become funded, you have to pass their 2-step verification challenge. Upon successful completion, you are rewarded with up to 90% profit splits on all your earnings.

Who are Fidelcrest?

Fidelcrest is a proprietary trading firm founded in 2018 by Forex traders and professionals, while the official incorporation of the firm took place in 2020. Their headquarters are located in Nicosia, Cyprus, and their IT department is located in Tallinn, Estonia. They offer their clients a chance to work with up to $1,000,000 capital and use Fidelcrest Markets as their broker.

Their headquarters are located at Arch. Makariou III & 1-7 Evagorou, MITSI 3, 1st floor, office 102 C 1065 – Nicosia, Cyprus.

Funding program options

Fidelcrest offers its clients Micro Trader and ProTrader account programs. You are also obliged to choose if you want to trade on the normal or aggressive risk types.

You can choose from the following micro normal risk accounts:

  • $10,000 account for €99
  • $15,000 account for €249
  • $25,000 account for €449

Micro normal risk accounts consist of a 2-step verification challenge.

Step-1 has a maximum trading period of 30 days with 10 minimum trading days. You cannot surpass the maximum daily loss of 5% or maximum overall loss of 10% while having a goal of hitting a profit target of 5%.

Step-2 has a maximum trading period of 60 days with 10 minimum trading days. You cannot surpass the maximum daily loss of 5% or maximum overall loss of 5% while having a goal of hitting a profit target of 5%. Upon successful completion, you are rewarded with a 40% profit split.

After completing the 2-step verification challenge, you become a Fidelcrest Trader, where you have maximum trading periods of 30 days with 10 minimum trading days. You cannot surpass the maximum daily loss of 5% or the maximum overall loss of 10%. You are not required to hit a profit target, which means you get paid no matter how much profit you make with an 80% profit split.

You can choose from the following micro-aggressive risk accounts:

  • $10,000 account for €149
  • $15,000 account for €349
  • $25,000 account for €549

Micro aggressive-risk accounts consist of a 2-step verification challenge.

Step-1 has a maximum trading period of 30 with 5 minimum trading days. You cannot surpass the maximum daily loss of 10% or maximum overall loss of 20% while having a goal of hitting a profit target of 15%.

Step-2 has a maximum trading period of 60 days with 5 minimum trading days. You cannot surpass the maximum daily loss of 10% or maximum overall loss of 10% while having a goal of hitting a profit target of 15%. Upon successful completion, you are rewarded with a 50% profit split.

After completing the 2-step verification challenge, you become a Fidelcrest Trader, where you have maximum trading periods of 30 days with 5 minimum trading days. You cannot surpass the maximum daily loss of 10% or the maximum overall loss of 20%. You are not required to hit a profit target, which means you get paid no matter how much profit you make with a 90% profit split.

You can choose from the following ProTrader normal risk accounts:

  • $150,000 account for €649
  • $250,000 account for €999
  • $500,000 account for €1,599
  • $1,000,000 account for €2,699

ProTrader normal risk accounts consist of a 2-step verification challenge.

Step-1 has a maximum trading period of 30 with 10 minimum trading days. You cannot surpass the maximum daily loss of 5% or maximum overall loss of 10% while having a goal of hitting a profit target of 10%.

Step-2 has a maximum trading period of 60 days with 10 minimum trading days. You cannot surpass the maximum daily loss of 5% or maximum overall loss of 5% while having a goal of hitting a profit target of 10%. Upon successful completion, you are rewarded with a 40% profit split.

After completing the 2-step verification challenge, you become a Fidelcrest Trader, where you have maximum trading periods of 30 days with 10 minimum trading days. You cannot surpass the maximum daily loss of 5% or the maximum overall loss of 5%. You are not required to hit a profit target, which means you get paid no matter how much profit you make with an 80% profit split.

You can choose from the following ProTrader aggressive risk accounts:

  • $150,000 account for €999
  • $250,000 account for €1,599
  • $500,000 account for €2,699

ProTrader aggressive-risk accounts consist of a 2-step verification challenge.

Step-1 has a maximum trading period of 30 with 10 minimum trading days. You cannot surpass the maximum daily loss of 10% or maximum overall loss of 20% while having a goal of hitting a profit target of 20%.

Step-2 has a maximum trading period of 60 days with 10 minimum trading days. You cannot surpass the maximum daily loss of 10% or maximum overall loss of 10% while having a goal of hitting a profit target of 20%. Upon successful completion, you are rewarded with a 50% profit split.

After completing the 2-step verification challenge, you become a Fidelcrest Trader, where you have maximum trading periods of 30 days with 10 minimum trading days. You cannot surpass the maximum daily loss of 10% or the maximum overall loss of 10%. You are not required to hit a profit target, which means you get paid no matter how much profit you make with an 80% profit split.

Fidelcrest also has a Trader Program’s Scaling Plan, where you can double your account’s initial balance in 12 months from the moment you complete your first Professional Account trading period. All Micro Trader and ProTrader are eligible for the Trader Program’s Scaling Plan. They add 25% of your initial capital to your account’s balance every three months if you meet the following requirements:

  • A profit of 15% in three consecutive months (average profit of 5% per month),
  • All three months must be positive,
  • The balance needs to be above the starting balance of the trader’s Professional Account balance at the time of scale-up.

An additional 25% of your initial account balance will be added to you every three months as long as the above requirements are met until you reach an account balance increase of 100%. Profit splits increase by 5% every time a scaling cycle is successfully completed.

You can see an example of a $500,000 account scale up in 12 months:

Maximum leverage is 100:1, which is the same for all account types that they are offering.

They offer a wide variety of trading instruments. You can trade forex pairs, commodities, indices, stocks, and cryptocurrencies on all account types that they are offering.

You should also note that Fidelcrest has a risk desk team, meaning that they will analyze your challenge results where they determine if your trading is suitable.

Fidelcrest allows its traders to trade on MetaTrader 4.

What makes Fidelcrest different from other prop firms?

Fidelcrest differs from most industry-leading prop firms due to having relaxed trading rules with almost no restrictions. For example, you can trade during news, hold trades overnight, and during the weekends.

Compared to other prop firms, Fidelcrest offers 100:1 leverage and a chance to choose from normal and aggressive risk type accounts, where you must complete a 2-step verification challenge. You can find more firms with 2-step evaluation processes like FTMO MyForexFunds, TrueForexFunds, etc.,…

The verification process stages have 5-10 minimum trading days depending on the account type you choose, while My Forex Funds have 5 minimum trading days for their Evaluation Process stages. In comparison, FTMO has 10 minimum trading days for each Phase.

In conclusion, getting funded by Fidelcrest can be acquired through many different trading strategies. This is primarily due to their relatively relaxed trading rules and widespread trading instruments that you can use. However, you should also note that Fidelcrest has a risk desk team, meaning that they will analyze your challenge results where they determine if your trading is suitable.

Is getting Fidelcrest capital realistic?

It’s essential to see how realistic the trading requirements are when looking at prop firms that best suit your forex trading style. For example, a company offering a high % profit split on a highly funded account sounds great, but if they expect high % gains per month with low % maximum drawdowns, your chances of success become close to zero.

After considering all of that, Fidelcrest is an excellent choice to get funded since you only have to pass a 2-step verification challenge. The rules of the challenge are straightforward. You must focus on hitting the profit targets while not surpassing the maximum daily and overall losses. You should also consider the maximum and minimum trading days.

Weekend holding, overnight holding, and news trading are also allowed, which is excellent for Day Traders and Swing Traders looking for capital up to $1,000,000.

EA’s and robots are allowed if the Fidlecrest Risk Team approves them. To get such an exception approved, you should contact their Customer Support Team. The only prohibited strategy is copy-trading due to risk management.

Payment proof

Fidelcrest was founded in 2018 and officially incorporated in 2020.

You can find payment proof on their website by clicking here.

Another place you can check to get payment proof is an Instagram account named Fidelcrestgroup with you can access by clicking here.

Which broker does Fidelcrest use?

Fidelcrest has its broker named Fidelcrest Markets.

As for trading platforms, they allow you to trade on MetaTrader 4.

Trading instruments

Fidelcrest offers a large variety of trading instruments. You are allowed to trade forex pairs, commodities, indices, stocks, and cryptocurrencies.

FOREX:EURUSDEURJPYGBPUSDGBPJPYAUDUSD
AUDCADCHFUSDAUDCHFEURGBPAUDHUFNZDJPY
AUDNOKNZDUSDAUDNZDUSDCADAUDSEKUSDJPY
AUDSGDAUDJPYCADCHFGBPNZDCHFHUFGBPPLN
CHFNOKGBPSEKEURAUDGBPZAREURCADNOKSEK
EURCHFNZDCADEURCZKNZDCHFEURDKKNZDHUF
EURHUFSGDJPYEURILSUSDCNHEURMXNUSDCZK
EURNOKUSDDKKEURNZDUSDHKDEURPLNUSDHUF
EURSEKUSDILSEURZARUSDMXNGBPAUDUSDNOK
GBPCHFUSDPLNGBPDKKUSDRUBGBPHUFUSDSEK
GBPNOKUSDSGDUSDZARZARJPY
COMMODITIES:XAUUSDXAGUSDXPDUSDXPTUSDUSOil
UKOilCOTTONWHEATSOYBEANCORNCOCOA
NGASCOFFEE
INDICES:DAX30STOXX50UK100AUS200USA500
HKG50USA30JP225USA100USOILXUS30
SWI20US500ES35N25USTECHK50
DE30F40
STOCKS:AIGSBUXADBESYMCMMM
TWTRMOUTXAMZNDISAXP
AAAAPLBABATBACBA
CCATKOCVXEBAYCSCO
FBCMCSARACECOSTGOOGXOM
GSGEHPQHDJPMINTC
MSFTIBMNFLXJNJNKEMCD
PEPMRKTSLANVDAVORCL
VZPFEWMTPGWUQCOM
YNDX
CRYPTO:BTCUSDEOSUSDLTCUSDIOTUSDETHUSD
BCHBTCDSHUSDDSHBTCBCHUSDETHBTCXRPUSD
LTCBTCXMRUSDXMRBTCZECUSDZECBTCNEOUSD
NEOBTCOMGUSD

Education & Support for traders

Fidelcrest does not provide any educational content on its website, however, they have a thread on ForexFactory, but it was lastly updated on December 30th, 2019.

They have also been mentioned numerous times in another thread named ‘’PROP FIRM HUB’’ made by a user named Masterrmind on ForexFactory.

To see the mentioned thread click here.

Traders’ comments about Fidlecrest

Fidelcrest has excellent feedback from their reviews.

On Trustpilot, they have a lot of positive comments about themselves from their community, with a 4.5/5 rating out of 176 reviews. 

They also have reliable support that will provide you with all the necessary information that you require from them.

Their community’s positive feedback revolves mainly around their excellent customer support service. 

Another positive feature is their funding program options, where you can choose from Micro and Pro accounts, meaning that it is an excellent opportunity for beginners as well as experienced traders.

Social media statistics

Fidelcrest can also be found on social media.

They have a:

  • Facebook page with 12,618 followers,
  • Instagram account with 2,474 followers,
  • Twitter account with 109 followers,
  • LinkedIn page with 235 followers, and
  • Youtube channel with 587 subscribers and five uploaded videos.

Support

Fidelcrest has an FAQ page where you can find all the information you need about the firm.

The support team is available on their social media, or you can directly contact them on their email support@fidlecrest.com.

They also have active live chat support 24/5 with opening hours from Monday – Friday.

Conclusion

In conclusion, Fidelcrest is a legitimate proprietary trading firm offering capital to undercapitalized traders. You can manage normal and aggressive risk accounts from $10,000 up to $500,000, which you can scale up to $1,000,000 in balance in 12 months. You are also rewarded with profit splits up to 90%, with relaxed trading rules. You are allowed to trade forex pairs, commodities, indices, stocks, and cryptocurrencies.

You should remember that you cannot copy trades from another account due to risk management and let a 3rd party trade your account. On the other hand, you can use EAs or robots if approved by their Risk Team.

I would recommend Fidelcrest to anyone reaching consistent results with their trading strategies and looking for potential to scale up and trade with an account with a balance of up to $1,000,000 in the long term.

This review about Fidelcrest was lastly updated on 20.05.2022 at 10:24 (CE(S)T).

So, what do you think about the layout of the Proprietary Trading firm? Does Fidelcrest have the instruments that you want to trade?

Let us know if you enjoyed our Fidelcrest Proprietary Trading firm review!

Use the following code for a 10% discount: FPR-10%

Fidelcrest Review (10% discount code: FPR-10%) Details

Trading platform
Withdrawal Methods
Tradable instruments
Account Currencies
Leverage
Maximum capital allocation
Account size up to:
$1,000,000
Use code for discount: FPR-10%
*Choose your account size and make a payment
4.0
Fees
5.0
Trading platform
4.0
Deposit and withdrawal
4.0
Customer Support
4.3 Overall Rating

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