In this article, we will compare Funded Trading Plus and Fidelcrest in general and what they offer to forex traders.
In this article, we will compare Funded Trading Plus and Fidelcrest in general and what they offer to forex traders.
In this article, we will go through what Funded Trading Plus and Fidelcrest have to offer. We will compare the firms in general and what they offer to forex traders.
1. Company incorporation
Funded Trading Plus | Fidelcrest | |
Incorporation date | November 2021 | September 2018π |
Funded Trading Plus and Fidelcrest are legitimate proprietary trading firms. Funded Trading Plus was incorporated in November 2021 and has become one of the more successful firms in the industry. Fidelcrest, on the other hand, was incorporated in September 2018. Both prop firms have made an excellent reputation for themselves and are attracting attention from forex traders worldwide.
2. Funding program options
Funding program options | Funded Trading Plus | Fidelcrest |
One-phase evaluation | β | β |
Two-phase evaluation | β | β |
Direct funding | β | β |
Funded Trading Plus and Fidelcrest have the following funding program options that their community can choose from. Funded Trading Plus has a one-phase evaluation, two-phase evaluation, and direct funding, while Fidelcrest only has a two-phase evaluation program.
Letβs look at the comparison between the two-phase evaluation since both proprietary trading firms are offering it.
Two-phase funding program comparison:
Rule/Guideline | Funded Trading Plus | Fidelcrest normal risk | Fidelcrest aggressive risk |
Phase 1 profit target | 10% | 5% or 10%π | 15% or 20% |
Phase 2 profit target | 5%π | 5% or 10% | 15% or 20% |
Daily drawdown | 5% | 5% | 10%π |
Overall drawdown | 10%π | 10%π | 20% |
Leverage | 30:1 | 100:1π | 100:1π |
Minimum trading days | No minimum trading daysπ | 10 calendar day | 5 or 10 calendar days |
Phase 1 trading period | No limitπ | 30 calendar days | 30 calendar days |
Phase 2 trading period | No limitπ | 60 calendar days | 60 calendar days |
Profit split | 80% up to 90% | 80% | 90%π |
Now that we have gone through their rules and guidelines for their two-phase evaluation challenges we are going to go through pricing for different account sizes.
Account size | Funded Trading Plus | Fidelcrest normal risk | Fidelcrest aggressive risk |
$10,000 | β | β¬99 | β¬149 |
$25,000 | $199π | β¬249 | β¬349 |
$50,000 | $349π | β¬449 | β¬549 |
$100,000 | $499 | β | β |
$150,000 | β | β¬649 | β¬999 |
$200,000 | $999 | β | β |
$250,000 | β | β¬999 | β¬1,599 |
$500,000 | β | β¬1,799 | β¬2,899 |
$1,000,000 | β | β¬2,899 | β |
3. Broker and trading platform
Now that we have gone through all of the funding programs that they are offering. Letβs compare which brokers and trading platforms you can use with each prop trading firm.
Funded Trading Plus | Fidelcrest | |
Broker | Eightcap | Fidelcrest Markets |
Trading platform | MetaTrader 4, MetaTrader 5π | MetaTrader 4 |
4. Trading instruments
Another important factor are trading instruments. Letβs see which trading instruments you can trade with Funded Trading Plus and which with Fidelcrest.
Trading instrument | Funded Trading Plus | Fidelcrest |
Forex pairs | β | β |
Commodities | β | β |
Indices | β | β |
Stocks | β | β |
Crypto | β | β |
5. Traders’ comments
The last thing we will go through is the feedback from Funded Trading Plus and Fidelcrest prop firms. The reviews we will be looking at are from Trustpilot.
Trustpilot statistics | Funded Trading Plus | Fidelcrest |
Rating | 4.9/5π | 4.4/5 |
Number of reviews | 375π | 284 |
Funded Trading Plus has a rating of 4.9/5, while Fidelcrest has 4.4/5. However, the number of reviews differs immensely. Funded Trading Plus has 375 reviews, while Fidelcrest has 284.
6. Conclusion
In conclusion, Funded Trading Plus, and Fidelcrest are two excellent proprietary trading firms. The difference can be easily seen from the number of reviews on Trustpilot. A significant difference would be the funding options. Funded Trading Plus offers four: one-phase, two-phase evaluation, and direct funding, while Fidelcrest only has a two-phase evaluation program.
Check our discount codes about the presented proprietary trading firms to end the comparison:
Funded Trading Plus 7% active discount code: FOREXPROPREVIEWS
Fidelcrest 15% active discount code: FPR-15
This comparison was lastly updated on 10.10.2022 at 13:28 (CE(S)T).