Fidelcrest review covers a proprietary trading firm offering funded account challenges to forex and CFD traders worldwide. Unlike traditional brokers, Fidelcrest does not offer direct market access or operate under a brokerage license. Instead, it provides simulated trading environments where traders prove their skills to qualify for real capital allocations on behalf of the firm.

Regulation and Safety

Fidelcrest is not regulated by any financial authority because it does not operate as a broker. It functions as a proprietary trading firm using demo or simulated environments for evaluation. The company is headquartered in Cyprus and operates under Fidelcrest Ltd. Since no client funds are deposited for trading purposes, traditional fund safety mechanisms like segregated accounts or investor protection schemes are not applicable.

Execution Model and Trading Platforms

Fidelcrest uses a simulated STP/ECN environment for its trading challenges, closely mirroring real market conditions. Traders use:

• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)

These platforms are accessed via web, desktop, or mobile. Fidelcrest does not offer VPS or FIX API, although high-frequency and expert advisor (EA) usage is permitted under specific account types.

Markets and Instruments

Fidelcrest supports simulated trading across a broad range of asset classes during its challenges:

• Forex – major, minor, and exotic pairs
• Indices – US30, NAS100, GER40, etc.
• Commodities – gold, silver, oil
• Stocks – selected US equities (MT5 only)
• Cryptocurrencies – BTC, ETH, XRP, LTC (MT5 only)

Asset availability varies by platform and account tier.

Accounts, Spreads and Leverage

Fidelcrest offers two core account types for its evaluation program:

• Micro Trader Program: Account sizes from $10,000 to $25,000
• Pro Trader Program: Account sizes from $50,000 to $1,000,000

Key conditions:

• Leverage: up to 1:100
• Spreads: from 0.1 pips (variable)
• Profit targets: typically 10% over 30 days
• Drawdown limits: max 10% total, 5% daily
• Evaluation fee: one-time, non-refundable, varies by account size

Funding and Base Currencies

Fidelcrest does not accept trading deposits. However, users pay an entry fee to participate in challenges. Payment methods include:

• Credit/debit cards
• PayPal
• Cryptocurrency (BTC, ETH, USDT)
• Bank transfer

Prices are displayed in USD and EUR. No withdrawal options are needed unless traders qualify for funded account payouts.

Client Protections and Features

Because Fidelcrest does not manage live client funds, it does not offer traditional protections. However, key features include:

• Daily and total risk limits
• No time limit (optional in Pro accounts)
• Biometric login via client dashboard
• Payouts via revenue share (up to 90%) once funded

Funded traders are typically paid monthly upon request, subject to performance verification.

Institutional and Retail Offering

Fidelcrest caters exclusively to individual retail traders seeking funded accounts. It does not offer institutional services such as FIX API, white-label, or prime brokerage. Educational materials, webinars, and Discord support are available for active traders and affiliates.

Pros and Cons

Pros

• No capital at risk for traders
• High funding amounts available (up to $1M)
• Flexible evaluation models with no time limits
• Wide range of tradable instruments including crypto
• Payouts up to 90% of profits for funded traders

Cons

• Not regulated as a financial entity
• Upfront challenge fees are non-refundable
• No access to real trading or market liquidity
• Payouts contingent on strict rule adherence

Frequently Asked Questions

Is Fidelcrest regulated?

No, Fidelcrest is not a regulated broker. It is a proprietary trading firm offering funded account programs via demo environments.

How does Fidelcrest work?

Traders pay a fee to join a challenge, meet performance criteria, and if successful, receive a funded account to trade real capital with a profit share agreement.

What platforms are available at Fidelcrest?

Fidelcrest offers MetaTrader 4 and MetaTrader 5 for challenge and funded accounts. Both are available on desktop, web, and mobile.

Can I use EAs or automated strategies?

Yes, expert advisors (EAs) and algorithmic strategies are allowed under specific plans, particularly in the Pro Trader Program.

When do funded traders receive payouts?

Once funded, traders can request profit withdrawals monthly, subject to compliance with risk rules and minimum activity.