Table of Contents
Introduction to Fidelcrest
This Fidelcrest review investigates whether Fidelcrest is a trustworthy proprietary trading firm or if concerns suggest a Fidelcrest scam. Fidelcrest promotes funded trading accounts and profit-share models, operating out of Nicosia, Cyprus. But many prospective traders ask: is Fidelcrest a legitimate prop firm or a misleading operation? This Fidelcrest review uncovers the key warning signs you need to know.
This article speaks to two main audiences: those who feel they’ve been misled or scammed by Fidelcrest and seek clarity, and those cautiously considering signing up, yet wanting verified facts first. We understand the frustration, confusion, and apprehension you’re feeling—and we’re committed to delivering clear, balanced insights.
Fidelcrest: Regulation & Legal Status
Fidelcrest is a proprietary trading firm—not a broker—so it doesn’t hold client funds or trade directly on behalf of users. It is unregulated, a characteristic common to many prop firms. Instead, it partners with FCA-regulated brokers to execute trades.
Operating without direct regulation means investors are exposed to higher risk: no regulatory oversight, no guaranteed client protection, and limited recourse in disputes. Always remember to learn how to spot a scam broker before it’s too late. Without regulation, it’s valid to ask whether Fidelcrest is a scam.
Trading Conditions & Platform Analysis of Fidelcrest
Fidelcrest offers tiered evaluation programs like MicroFX+ and ProFX+, available in “Normal” or “Aggressive” modes, with capital starting from $15,000 to over $2 million. Traders profit-share up to 80–90% after passing the evaluation and verification phases.
While these models promise attractive returns, the firm offers MT4 (and occasionally MT5), but lacks full clarity on liquidity provider transparency and execution methods. Having popular platforms like MT4 doesn’t guarantee fairness or execution integrity. It’s essential to check all the details before committing—look into what to check before signing up with a trading platform. Gaps in transparency raise the question of whether Fidelcrest might be a fraud.
Reputation & User Reviews About Fidelcrest
Fidelcrest’s reputation is mixed. On Trustpilot, the firm holds an overall rating of 3.9 to 4 out of 5, with many praising fast support and profit splits. However, numerous negative reviews report delayed or missing payouts, unresponsive customer service, and abrupt account closures despite compliant behavior.
Reddit discussions also offer caution, with traders warning of unrealistically wide spreads on stock CFDs and poor service execution. Additionally, several independent review sites acknowledge Fidelcrest as a recognized prop firm—but emphasize its unregulated status and advise caution.
How to Test Whether Fidelcrest Is a Scam
Before engaging with Fidelcrest or similar prop firms, consider the following checks:
- Check Regulation: Confirm whether the firm or its partners hold proper licenses (FCA, ASIC, CySEC).
- Spot Red Flags: Beware of unresponsive support, changing rules, or payout issues.
- Gather Authentic Feedback: Read user reviews on independent sites like TrustPilot and relevant forums.
- Test the Platform: Use demo or small tests before investing heavily to assess execution and spread realism.
- Review Withdrawal Policies: Confirm clear, timely payout processes without unexpected fees.
- Start Small: Only increase your commitment if proven performance and transparency are confirmed.
Final Verdict & Alternatives
Fidelcrest presents compelling opportunities—a broad asset offering, strong profit shares, and an established presence in prop trading. However, its unregulated structure, inconsistent user reports, and lack of operational transparency raise serious concerns. If these red flags outweigh benefits, caution is warranted.
For seasoned traders, regulated alternatives like FTMO, The5ers, or proprietary firms under FCA or CySEC oversight may offer better security and clarity. Always prioritize platforms with verified regulation, transparent rules, and reliable customer support to protect your investment.