Fidelis Capital Markets review evaluates a multi-asset broker offering forex and CFD trading with a focus on transparency, raw pricing, and institutional-grade execution. Known for its ECN model and support for automated strategies, Fidelis CM caters to both retail and professional clients through the MetaTrader 4 platform. It is incorporated offshore but seeks to maintain competitive trading conditions for serious traders.

Regulation and Safety

Fidelis Capital Markets is operated by SN Financials Ltd, registered in Vanuatu and licensed by the Vanuatu Financial Services Commission (VFSC) under license number 14595. While VFSC is not a top-tier regulator, the broker adheres to internal policies for fund segregation and KYC/AML procedures. However, it does not offer participation in any deposit protection schemes or investor compensation funds.

Execution Model and Trading Platforms

Fidelis CM follows a pure ECN/STP model, connecting clients directly with liquidity providers without dealer intervention. Trading infrastructure includes:

• MetaTrader 4 (MT4) – desktop, mobile, and web versions
• FIX API – for high-frequency and institutional clients



• MT4 bridge with raw pricing aggregation
• VPS hosting available on request

The broker supports scalping, news trading, and Expert Advisors (EAs), with a focus on fast execution and deep liquidity.

Markets and Instruments

Fidelis Capital Markets provides access to over 200 instruments across 6 asset classes:

• Forex – majors, minors, and exotics
• Indices – global indices like SPX500, DAX, UK100
• Commodities – crude oil, natural gas, gold, silver
• Metals – XAU/USD, XAG/USD
• Shares – CFDs on leading US and EU stocks
• Cryptocurrencies – BTC/USD, ETH/USD, LTC/USD, XRP/USD

Accounts, Spreads and Leverage

Fidelis CM offers three main account types:

• Standard Account: Spreads from 1.5 pips, no commissions
• ECN Account: Raw spreads from 0.1 pips, $6/lot round-turn
• VIP ECN Account: Custom pricing, tighter spreads, lower commission

Trading conditions:

• Leverage: up to 1:500
• Minimum deposit: $50 (Standard), $500 (ECN)
• Stop-out level: 50%
• Hedging, scalping, and EAs allowed

Funding and Base Currencies

Fidelis CM supports multiple base currencies including USD, EUR, GBP, and BTC. Deposit and withdrawal methods:

• Bank wire transfers
• Credit/debit cards
• Crypto wallets (BTC, ETH, USDT)
• Skrill, Neteller

Most deposits are instant. Withdrawals are processed within 1–2 business days. No internal fees are charged, but third-party processing fees may apply.

Client Protections and Features

Although offshore, Fidelis CM enforces several operational protections:

• Negative balance protection
• Segregated client accounts
• 2FA and biometric portal access
• Risk management dashboards

No FSCS, AFCA, or ICF coverage is available. Clients must rely on internal protocols and trading discipline.

Institutional and Retail Offering

Fidelis CM serves both advanced retail traders and institutional clients. Institutional services include:

• FIX API access with ultra-low latency
• White-label solutions for money managers
• MAM/PAMM account support
• Dedicated account manager and liquidity customisation

Retail clients benefit from full MT4 support, tight spreads, and transparent pricing structures.

Pros and Cons

Pros

• ECN/STP model with raw spreads
• FIX API and VPS support
• Crypto and share CFDs offered
• Flexible leverage up to 1:500
• Fast withdrawal processing

Cons

• VFSC is a low-tier regulator
• No FSCS or investor compensation
• MT4 only – no MT5 or proprietary platform
• No educational resources or in-depth analysis tools

Frequently Asked Questions

Is Fidelis Capital Markets regulated?

Yes, Fidelis CM is regulated by the Vanuatu Financial Services Commission (VFSC) under license number 14595.

What type of execution does Fidelis offer?

Fidelis uses a pure ECN/STP model with direct access to interbank liquidity and no dealing desk intervention.

Does Fidelis Capital Markets offer crypto trading?

Yes, traders can access CFDs on major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.

What is the minimum deposit required?

The minimum deposit is $50 for Standard accounts and $500 for ECN accounts.

Can I use automated trading systems with Fidelis CM?

Yes, Expert Advisors (EAs), algorithmic strategies, and high-frequency trading are supported on all account types.