Fidelcrest, a proprietary Forex prop firm established in 2018 and based in Cyprus, offers a compelling opportunity for traders. This firm provides up to $2 million in funding to qualified traders, addressing the challenge many face due to limited investment capital. My Fidelcrest review will shed light on the firm’s operations, trading challenges, and the types of funded accounts available.
Fidelcrest distinguishes itself with competitive trading conditions, including a maximum leverage of 1:100 and access to 175 different assets, offering a broader scope than many competitors. The profit-sharing model, which ranges from 80% to 90%, is notably generous in the industry.
This review aims to provide comprehensive insights, helping traders decide if Fidelcrest is the right fit for their trading aspirations, especially for those looking at getting the best price on Fidelcrest.
Learn More About Fidelcrest
Getting the Best Price on Fidelcrest
If you are interested in getting the best price on Fidelcrest, you’ve come to the right place. With my Fidelcrest promo code, you can save 15% on Fidelcrest.
Fidelcrest offers a range of pricing options, making it a competitively priced choice among proprietary trading firms. The cost varies depending on the trading challenge selected by the trader. For the “Micro Trader” challenge, the fee starts as low as €99 for a $15k challenge, scaling up to €3,499 for the $500k Pro Trader Aggressive challenge.
Fidelcrest also offers competitive commission rates, averaging around $2 on the minimum trade amount, which is relatively low compared to other competitor prop firms. Additionally, there are no charges for withdrawal or fund deposit by Fidelcrest itself, although third-party charges may apply.
How To Use The Promo Code
Here is how to use the promo code to make sure you are getting the best price on Fidelcrest:
- Click on our special discount code link to either log in or register.
- Proceed with the registration process.
- Set up a new account.
- Select the challenge that suits you.
- Apply the discount code MM-15 at checkout.
Benefits of Fidelcrest
Now that I have assured you are getting the best price on Fidelcrest by using my promo code, let’s get into the positive features of Fidelcrest:
- Reasonable Trading Objectives: The trading objectives set by Fidelcrest are reasonable and achievable, making it easier for traders to meet their targets.
- High Profit Split: Traders can enjoy up to a 90% profit split, which is among the highest in the industry. This generous profit sharing is a significant draw for many traders.
- Generous Maximum Loss Levels: The firm offers generous maximum loss levels of up to 20%, providing traders with a larger buffer for risk management.
- Competitive Leverage and Asset Range: Fidelcrest offers competitive leverage options and an extensive range of over 175 assets covering five sectors. This diversity allows traders to explore various markets and asset classes.
- Large Funded Account Potential: Traders have the potential to access up to $2,000,000 in funded accounts, one of the highest offerings available in the proprietary trading firm sector.
- Support for MT4 and MT5 Platforms: Both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms are supported, catering to the preferences of a broad range of traders. These platforms are well-regarded for their advanced features and flexibility.
- Algorithmic Trading Permitted: The allowance for algorithmic trading on MT4 and MT5 accounts provides traders with the opportunity to use automated trading strategies.
- Excellent Customer Support: Fidelcrest is known for its excellent customer support team, ensuring traders have the assistance they need.
- Flexibility in Trading: There are no minimum trading days required, and traders have the option to trade on weekends, offering greater flexibility in trading schedules.
Potential Limitations of Fidelcrest
Regardless of whether you are getting the best price on Fidelcrest or not, you still need to be aware of the limitations of Fidelcrest. Here are the main ones I think are important:
- Emphasis on Consistency: The platform does state that inconsistencies in trading can lead to disqualification, but this point is not heavily emphasized. This lack of emphasis has resulted in some traders being disqualified for frequently changing strategies, leading to claims that Fidelcrest is a scam and negative reviews.
- Prohibition of Copy Trading: Copy trading is not allowed on Fidelcrest, limiting traders who prefer or rely on this method.
- Rigorous Challenge and Verification Process: The process for challenge phases and verification is stringent, which can be challenging for many traders to navigate successfully.
Fidelcrest presents a platform with promising opportunities. Its strict standards for funded accounts and the necessity for a consistent trading strategy are key aspects to consider. While the platform offers a lucrative profit split and a range of challenges suitable for different trading styles, it is important for traders to be aware of the strict rules regarding strategy consistency and the prohibition of copy trading.
Traders contemplating Fidelcrest should weigh these factors carefully against their trading practices and aspirations. For those interested in exploring Fidelcrest further and perhaps taking on one of its challenges, Click Here to learn more.