Fidelcrest is a proprietary trading firm founded in 2018 by Forex traders and professionals, while the official incorporation of the firm took place in 2020. Their headquarters are in Nicosia, Cyprus, and their IT department is in Tallinn, Estonia. They offer their clients a chance to work with up to $2,000,000 capital and use Fidelcrest Markets as their broker.
Fidelcrest Major Updates & Exciting New Changes
Fidelcrest is excited to announce the major updates that will benefit their new and existing clients. The firm is excited to announce its latest trading add-ons and rule changes, designed to help traders take their trading to the next level.
Let’s take a look at them:
Bigger Accounts
Fidelcrest has increased the account sizes. The details are as follows:
- The $10k account now becomes a $15k account
- The $25k account becomes a $30k account
- The $50k account becomes a $60k account.
Trading Add-ons Benefits
The firm also introduced some exciting trading add-ons to benefit your trading journey. Let’s take a closer look at the benefits:
- Leverage UP TO 1:200: With a leverage of up to 1:200, you can amplify your trading opportunities and potentially increase your profits.
- REFUND on the FIRST payout: Traders value transparency and fairness. That’s why you can get rewarded for your trading skills with a refund on your evaluation fee upon your first payout!
- Double Capital as you reach Funded Phase: For traders looking to scale up their trading, boost your trading firepower with the option to double your capital and trade with even more confidence.
- Ensure your capital in case of failure: If you fail any phase once, don’t worry! You now have a chance to start a new challenge account and continue your trading journey.
- Unlimited Retries: Practice makes perfect! You can now have unlimited retries on Phases 1 and 2, allowing you to improve your trading skills continuously.
Rule Changes
Let’s explore the rule changes:
- ZERO minimum trading days.
- Stop Loss is not Mandatory: Stop loss orders can help you to manage risk. However, this can be a vulnerability during market volatility and slippage. We believe in our traders to manage risk properly and enjoy more flexibility in managing your risk, as stop loss is no longer mandatory in all phases.
- News Trading ALLOWED on ALL Phases: News releases can create trading opportunities, so take advantage of market volatility and news events to potentially capitalize on trading opportunities in all phases, as we now allow news trading in all Phases.
- Weekend Trading ALLOWED on ALL Phases: Expand your trading horizons and trade on weekends for potential opportunities
- Copy Trading ALLOWED on ALL Phases: Diversify your trading strategies and follow successful traders by taking advantage of copy trading in all phases.
- Increase of 30 Calendar Days to 60 per account: Our traders now have more time to complete the evaluation and reach the funded account stage.
Fidelcrest shared that they are committed to continuously improving their offerings to meet community trading needs. These new major updates are just a testament to it. Don’t forget to stay updated with our Latest Prop News!
