What is Fidelcrest: A Comprehensive Review

Jeremy BiberdorfBy: Jeremy Biberdorf

August 11, 2023August 11, 2023

Fidelcrest

Proprietary trading, or prop trading for short, is a domain where financial firms or individual traders use their own resources to trade financial instruments directly on the market. Among various firms in this industry, Fidelcrest has emerged as a leading player, but what is Fidelcrest, and why is it making a name for itself in the prop trading industry? Read this Fidelcrest review to find out!

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Overview of Fidelcrest

Fidelcrest is a well-regarded proprietary trading firm that caters to the trading community by offering a unique opportunity to manage its funds, thereby enabling traders to share in the profits. This lucrative and low-risk opportunity is particularly appealing to traders because it allows them to potentially earn substantial returns without putting their own capital at risk.

Founded in 2018, Fidelcrest has made a name for itself in the industry by offering a unique platform where experienced traders can demonstrate their skills and share in up to 80-90% of the profits they generate. Fidelcrest’s proprietary trading strategy involves investing in a variety of financial instruments, including stocks, bonds, commodities, among others, using the firm’s capital. This strategy is inherently risky but also has the potential to generate substantial profits.

To become a Fidelcrest trader, candidates need to pass a trading challenge and a verification phase. Fidelcrest offers two types of challenges – “Normal” and “Aggressive,” giving traders the opportunity to showcase their skills in a way that aligns with their trading style. Fidelcrest’s trading challenge, known as the “Fidelcrest Challenge,” entails several stages, with traders required to choose the risk level, account size, and bonus option. Successful completion of these stages and adherence to Fidelcrest’s trading rules can lead to the establishment of a funded trading account.

The funded accounts can go up to $2,000,000, offering traders the opportunity to potentially earn substantial profits. Moreover, the platform enables traders to trade over 1,000 different trading instruments, offering a broad range of opportunities to diversify their trading strategies and increase their chances of generating profitable trades.

Fidelcrest has proven to be a reputable and secure option for traders, thanks to its comprehensive evaluation system and the opportunities it presents to traders to earn substantial profits. The firm’s management team comprises Forex traders and professionals with over a decade’s experience in the industry, which is a testament to the company’s expertise and credibility in the sector.

Ultimately, Fidelcrest offers a win-win arrangement. The firm benefits from the profits generated by traders, and in return, traders can earn a significant income without risking their own capital. Moreover, Fidelcrest’s trading challenge provides traders with a unique opportunity to prove their trading skills and potentially earn a funded trading account. As such, it is a viable platform for both new and experienced traders seeking new opportunities in the trading industry.

Exceptional Customer Experiences

Based on the customer reviews available on Trustpilot, Fidelcrest has managed to distinguish itself as an exemplary company, especially in terms of its customer service, simple and intuitive sign-up and verification process, and fair challenge rules:

  • Customer service: Fidelcrest’s customer service has received numerous accolades from customers. Various staff members have been commended for their kindness, professionalism, and efficiency in resolving customer issues. This recognition showcases a company that values customer support and is successful in resolving any arising concerns swiftly and effectively.
  • Sign-up and verification: In addition, the sign-up and verification process of Fidelcrest is deemed simple and intuitive by customers, which supports a seamless onboarding experience. This aspect of the company significantly enhances user experience, reduces any potential frustration, and ensures that customers can start benefiting from their services with minimal delay.
  • Challenge Rules: Furthermore, Fidelcrest is acknowledged for having fair challenge rules. This feature was especially applauded by customers who used the Challenge funds. The fairness of the challenge rules seems to boost customer satisfaction and loyalty, and it also promotes a sense of transparency and trust between the customers and the company. One negative review, however, mentioned that they did not have the best experience and were unable to withdraw money.

Competitive Advantage

So, what makes Fidelcrest stand out in the prop trading world? One customer review points out the exceptional payout structure at Fidelcrest, emphasizing that it’s truly better than any other fund challenges.

The absence of many spreads and no commissions contribute significantly to its competitiveness, a feature highly appreciated by the customers. This highlights the financial benefits of trading with Fidelcrest, as fewer costs can lead to more profits for traders.

Points of Contention

Despite a high overall rating, Fidelcrest has also had its share of criticisms. Some traders found the challenge rules and process to be stringent and difficult to pass. Others had issues with the company’s transparency, suggesting that Fidelcrest might need to do a better job of explaining its challenge rules and requirements upfront.

Conclusion: What Is Fidelcrest?

When asking what is Fidelcrest, the answer is that it’s a proprietary trading firm that provides a platform for traders to manage its funds and make profits. Based on numerous reviews, it offers excellent customer service and a competitive payout structure. Despite some criticisms, many traders have found success and satisfaction in partnering with Fidelcrest. The company seems committed to improvement and offering its traders a competitive and fair environment for prop trading. If you are interested in learning more about Fidelcrest, click here and access one of the world’s top prop trading platforms.

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Jeremy Biberdorf
Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He's a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.

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