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November 29, 2022

Fidelcrest is a well-known prop trading firm with one of the highest percentages of profit splits in the industry. Quick funding options, lots of tradeable assets such as crypto, and an excellent current offer that lets you pick among three bonuses and accounts with up 1 million dollars in total capital.

Fidelcrest pros & cons

There’s a lot of appreciation for Fidelcrest, but it’s far from the ideal prop trading company. (Spoiler that there isn’t such a thing as.)

Pros

  • The largest profit split in the business-The highest profit split in the industry. Fidelcrest’s profit split is the highest in the business. Fidelcrest gives out 80 and 90 percent of its profits to fund traders. It’s not much better than this.
  • Fast fundingRapid funding Rapid fundingChoose”The fast Track option for certain accounts, and then go through the two-step assessment process, with no minimum days of trading.
  • Earn money while you do your evaluation. If you can pass the verification stage (Stage 2.2) of the assessment) you can bank as much as 50% money you earn.
  • The best prop trading company that deals in crypto- The best prop trading firm for crypto- Fidelcrest, has more trading options than any prop business.
  • A huge number of assets can be traded-You can trade crypto, stocks, metals, commodities, and foreign exchange.
  • Account options are endless— HTML1: Infinite account options–Regardless of your experience, risk tolerance, or budget, you’ll locate the right accounts for your needs.
  • Million dollar size of account-(-) account size of $1 million confident traders can join Pro Account with an initial $1 million balance. There is no scaling. Pay the initial cost and then pass through the two assessment phases, after which you’ll trade one million dollars.
  • Credibility – Trustworthiness – Trustworthiness of HTML0–Fidelcrest has been operating for over 4 years and has over 6,000 customers.
  • The current promotion— Current promotion–For only a short period, Fidelcrest offers two accounts at the cost of one in addition to other bonuses. You may choose to get the second account free in the process of evaluating if your first attempt fails or if an affluent trader receives more capital than the first account.
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Cons

  • “Tough Verification Stage” The second test phase includes more strict trading guidelines than the Trading Challenge. For the majority of accounts, the maximum loss limit is half the amount it was in the initial phase.
  • Max loss calculation strictly— Fidelcrest calculates your maximum loss based on your maximum balance on your account, not your initial balance. You can theoretically earn a profit from your account, but you’ll fail the test.
  • There are too many options -Between the different sizes of accounts and the options about when you can take your free account, deciding the account you’d like to use and the options available can be a bit confusing.
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Who should join Fidelcrest?

Suppose you’re looking for an opportunity to trade on an account worth $1 million. In that case, Fidelcrest is one of the few prop companies that will offer you this opportunity right after you have passed your two-step assessment.

If you think that’s too much money for you right now, you can choose the opposite side on the scale Fidelcrest provides the most affordable account with a minimum of $10k in the market. Between them, you have plenty of choices that you’ll be able to locate the ideal account. If you’re a crypto trading professional, Fidelcrest has more cryptocurrency pairs than any other prop company.

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Both bargain hunters and beginners are encouraged to take advantage of Fidelcrest’s current promo offering two accounts at the cost of one, or it offers the Fast Track option on some accounts that remove the requirement for a minimum time to trade.

Fidelcrest allows you to start trading real money with a fully open account as quickly as any other company in the business and also offers the best profits sharing plans to boot.

How to Pick a Prop Trading Forex Program

For your requirements and goals, the greatest forex prop firms may be:

Reputation: Make careful to look at a prop company’s reputation when analyzing them. Think about websites like TrustPilot. If it’s a good prop business, traders in forums and groups are also useful resources. To learn what other traders say, look up the company on YouTube.

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Trading style: Determine whether the constraints imposed by each prop business impact your trading style. Your trading technique will determine this. Some are more suited for swing traders, while others are better suited for scalpers.

Possibility of a long-term partnership: It’s critical to realize that the first step with any prop firm will be less fruitful. They want to assess your capabilities before providing funding.

 



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