Let’s have an overview of Fidelcrest and its trading programs. Fidelcrest stands out as a unique proprietary trading firm that provides traders with access to substantial capital. They empower them to transform their lives through financial success.
With a global presence and headquarters in Nicosia, Cyprus, the company’s primary mission is to support retail traders worldwide in achieving consistent and sustainable profits over extended periods.
Encouraging the growth and prosperity of its traders, Fidelcrest offers the opportunity to trade with a significant balance of up to $2,000,000. To qualify for this funded status, traders are required to complete a 2-step trading challenge, after which they can enjoy profit splits ranging from 80% to 90% on their earnings.
An Overview of Fidelcrest and its Trading Programs!
Fidelcrest offers two distinct evaluation programs for traders: the Micro Trader evaluation program accounts and the Pro Trader evaluation program accounts. Within each program, traders can opt for either normal or aggressive risk accounts.
One of the standout features that set Fidelcrest apart from leading prop firms is its straightforward trading rules. Traders can trade during news events, hold positions overnight, and even trade during weekends.
When considering the Micro Trader evaluation program account, it becomes evident that it involves a two-phase evaluation process before traders become eligible for payouts. In the normal risk accounts, traders must achieve a 10% profit target in the first phase and 5% in the second phase. For aggressive risk accounts, the profit target is 15% for both phases.
Additionally, normal risk accounts have a maximum daily loss limit of 5% and a 10% maximum loss rule for both evaluation phases and funded status. In contrast, aggressive risk accounts have a maximum daily loss limit of 10% and a 20% maximum loss rule for both evaluation phases and funded status. Furthermore, both normal and aggressive risk accounts have no minimum trading day requirements during the evaluation phases. It is important to note that Micro Trader evaluation program accounts do not have an available scaling plan, differentiating Fidelcrest from other industry-leading prop firms.
Fidelcrest’s Micro Trader evaluation program accounts are designed with industry-average trading objectives, allowing traders to pursue their financial goals with confidence and support.
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