Fidelcrest Review (10% Discount: PFT-10)
Fidelcrest LLC, founded in 2018, is a proprietary trading firm offering traders the opportunity to access company funding with profit splits of up to 90%. Traders can choose between the “Normal” and “Aggressive” challenges, each with varying profit splits and requiring different levels of initial funding. The capital mentioned in the text is provided by the company, not the traders’ own funds.
Pros +
+ Excellent Trustpilot rating of 4.5/5
+ Two Unique Funding Programs
+ Account Sizes up to $1,000,000
+ Multiple Add-on Features
+ Detailed Trader Dashboard
+ A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Stocks, Cryptocurrencies)
+ Leverage up to 1:200
+ No Minimum Trading Day Requirements
+ No Maximum Trading Period with Add-on
+ First Payout After 10 Days
+ Bi-weekly Payouts
+ Profit Share 80% up to 90%
+ Overnight & Weekend Holding Allowed
+ News Trading Allowed
Cons -
– No Scaling Plan
– Maximum Daily Equity-based Drawdown
– Maximum Trading Period (Removable with Add-on)
Fidelcrest is a proprietary trading firm, is actively seeking skilled traders who aspire to advance their trading careers. The company offers traders the chance to progress by overseeing substantial capital amounts. Participants can potentially achieve significant profits, enjoying the flexibility to handle account sizes of up to $1,000,000 and access profit splits of up to 90%. This opportunity involves trading a diverse range of financial instruments, such as forex pairs, commodities, indices, stocks, and cryptocurrencies.
Who are Fidelcrest?
Fidelcrest is a proprietary trading company, officially established itself in September 2018. The company is headquartered in Nicosia, Cyprus, with its IT department based in Tallinn, Estonia. The leadership of CEO Jussi Hallikas oversees its operations. Fidelcrest provides traders with the opportunity to choose between two account types, two two-step evaluations while being partnered with Foreign Exchange Clearing House as their broker.
Fidelcrest’s headquarters are located at Arch. Makariou III & 1-7 Evagorou, MITSI 3, 1st floor, office 102 C 1065 – Nicosia, Cyprus.
Who is the CEO of Fidelcrest?
Jussi Hallikas is the CEO of Fidelcrest.
Funding program options
Fidelcrest offers two different funding program options
Micro Trader Evaluation
Pro Trader Evaluation
Account sizes:
- $15.000 – $99
- $30.000 – $199
- $60.000 – $299
Normal Micro Trader Evaluation Trading Rules & Objectives
- Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 10%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts do not have any specified profit targets.
- Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
- Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 10%.
- Maximum Trading Period – The maximum trading duration during which you must reach your required profit target and conclude your evaluation phase. The evaluation has a maximum trading period of 60 calendar days for phases one and two. (No Maximum Trading Period with Add-on)
- No News Trading – Trading is not permitted during high-impact news releases. This implies that executing new trades or closing existing trades on the specified instrument is prohibited within the 2-minute period both before and after the announcement of particular news.
- No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.
- Risk Desk Team – A team evaluates whether a trader’s trading strategy aligns with the criteria sought by the proprietary trading firm. If it is determined that your trading strategy does not meet the eligibility criteria, you will receive a refund for your evaluation account.
Add-ons for Fidelcrest’s Normal Micro Trader Evaluation
- Add Insurance
- Double Your Capital
- Double Your Leverage
- Unlimited Retry (Free)
- Unlimited Trading Period (Free)
- Retry with Drawdown up to 2% (Free)
Normal Micro Trader Evaluation doesn’t have a scaling plan.
Account sizes:
- $15.000 – $199
- $30.000 – $299
- $60.000 – $399
Aggressive Micro Trader Evaluation Trading Rules & Objectives
- Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 15%, whereas Phase 2 requires reaching a profit target of 15%. Funded accounts do not have any specified profit targets.
- Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 10%.
- Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 20%.
- Maximum Trading Period – The maximum trading duration during which you must reach your required profit target and conclude your evaluation phase. The evaluation has a maximum trading period of 60 calendar days for phases one and two. (No Maximum Trading Period with Add-on)
- No News Trading – Trading is not permitted during high-impact news releases. This implies that executing new trades or closing existing trades on the specified instrument is prohibited within the 2-minute period both before and after the announcement of particular news.
- No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.
- Risk Desk Team – A team evaluates whether a trader’s trading strategy aligns with the criteria sought by the proprietary trading firm. If it is determined that your trading strategy does not meet the eligibility criteria, you will receive a refund for your evaluation account.
Add-ons for Fidelcrest’s Normal Micro Trader Evaluation
- Add Insurance
- Double Your Capital
- Double Your Leverage
- Unlimited Retry (Free)
- Unlimited Trading Period (Free)
- Retry with Drawdown up to 2% (Free)
Aggressive Micro Trader Evaluation doesn’t have a scaling plan.
Account sizes:
- $250.000 – $999
- $500.000 – $1.899
- $1.000.000 – $2.999
Normal Pro Trader Evaluation Trading Rules & Objectives
- Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 10%, whereas Phase 2 requires reaching a profit target of 10%. Funded accounts do not have any specified profit targets.
- Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
- Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 10%.
- Maximum Trading Period – The maximum trading duration during which you must reach your required profit target and conclude your evaluation phase. The evaluation has a maximum trading period of 60 calendar days for phases one and two. (No Maximum Trading Period with Add-on)
- No News Trading – Trading is not permitted during high-impact news releases. This implies that executing new trades or closing existing trades on the specified instrument is prohibited within the 2-minute period both before and after the announcement of particular news.
- No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.
- Risk Desk Team – A team evaluates whether a trader’s trading strategy aligns with the criteria sought by the proprietary trading firm. If it is determined that your trading strategy does not meet the eligibility criteria, you will receive a refund for your evaluation account.
Add-ons for Fidelcrest’s Normal Pro Trader Evaluation
- Add Insurance
- Double Your Capital
- Double Your Leverage
- Unlimited Retry (Free)
- Unlimited Trading Period (Free)
- Retry with Drawdown up to 2% (Free)
Normal Pro Trader Evaluation doesn’t have a scaling plan.
Account sizes:
- $250.000 – $1.999
- $500.000 – $3.499
Aggressive Pro Trader Evaluation Trading Rules & Objectives
- Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 20%, whereas Phase 2 requires reaching a profit target of 20%. Funded accounts do not have any specified profit targets.
- Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 10%.
- Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 20%.
- Maximum Trading Period – The maximum trading duration during which you must reach your required profit target and conclude your evaluation phase. The evaluation has a maximum trading period of 60 calendar days for phases one and two. (No Maximum Trading Period with Add-on)
- No News Trading – Trading is not permitted during high-impact news releases. This implies that executing new trades or closing existing trades on the specified instrument is prohibited within the 2-minute period both before and after the announcement of particular news.
- No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.
- Risk Desk Team – A team evaluates whether a trader’s trading strategy aligns with the criteria sought by the proprietary trading firm. If it is determined that your trading strategy does not meet the eligibility criteria, you will receive a refund for your evaluation account.
Add-ons for Fidelcrest’s Aggressive Pro Trader Evaluation
- Add Insurance
- Double Your Capital
- Double Your Leverage
- Unlimited Retry (Free)
- Unlimited Trading Period (Free)
- Retry with Drawdown up to 2% (Free)
Aggressive Pro Trader Evaluation doesn’t have a scaling plan.
Conclusion
In conclusion, Fidelcrest is a respected and reliable proprietary trading company offers traders the option to select from two funding programs: the Micro Trader Evaluation and the Pro Trader Evaluation, both of which involve a two-step assessment process.
Fidelcrest’s Micro Trader Evaluation is a standard two-step assessment process that mandates the completion of two phases for eligibility to oversee a funded account and receive profit splits ranging from 80% to 90%. Traders are required to achieve profit targets of 10% in phase one and 5% in phase two for the Normal Micro Trader Evaluation, and 15% in both phases for the Aggressive Micro Trader Evaluation. These objectives are realistic, considering the Normal Micro Trader Evaluation has a 5% maximum daily and 10% maximum loss rules, while the Aggressive Micro Trader Evaluation has a 10% maximum daily and 20% maximum loss rules. There are no minimum trading day requirements in either evaluation phase, but there is a maximum trading period of 60 calendar days in both phases. It’s important to highlight that the Micro Trader Evaluation does not include a scaling plan.
Fidelcrest’s Pro Trader Evaluation follows an industry-standard two-step process that necessitates completing two phases to qualify for managing a funded account and earning profit splits ranging from 80% to 90%. Traders are required to attain profit targets of 10% in both evaluation phases for the Normal Pro Trader Evaluation and 20% in both phases for the Aggressive Pro Trader Evaluation. These objectives are practical, considering the Normal Pro Trader Evaluation has a 5% maximum daily and 10% maximum loss rules, while the Aggressive Pro Trader Evaluation has a 10% maximum daily and 20% maximum loss rules. Time-wise, there are no minimum trading day requirements in either evaluation phase, but a maximum trading period of 60 calendar days applies to both phases. It’s crucial to emphasize that the Pro Trader Evaluation does not include a scaling plan.
I would recommend Fidelcrest for those in search of a respected proprietary trading company offering outstanding trading conditions tailored to a diverse range of individuals with unique trading styles. The firm provides traders with advantageous features, including various add-on options, no mandatory minimum trading day requirements, the opportunity to manage account sizes of up to $1,000,000, the ability to make the first withdrawal after just 10 calendar days, and bi-weekly future payouts. After considering everything Fidelcrest has to offer to traders from across the globe, they can undoubtedly be regarded as one of the industry-leading prop firms.
Fidelcrest Review (10% discount: PFT-10) Details
Trading Platforms
Deposit Methods
Bank Transfer, Crypto, Debit/Credit Card, Netteler, Skrill
Withdrawal Methods
Bank Transfer, PayPal, Netteler, Skrill
Account Size
$15.000, $30.000, $60.000, $250.000, $500.000, $1.000.000
Tradable Instruments
Commodities, Crypto, Forex, Indices, Metals, Stocks
Rules
Maximum Daily Loss, Maximum Loss, Maximum Trading Period, No Martingale Allowed, No News Trading, Profit Target, Risk Desk Team
Brokers
Foreign Exchange Clearing House
Account Currencies
USD
Trading Programs
Two Step Challenge
Incorporation
September 2018
CEO
Jussi Hallikas
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