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The In-Depth Review of Fidelcrest: A Comprehensive Look into the Forex Trading Prop Firm

Introduction

Fidelcrest is a forex trading proprietary (prop) firm offering funding to currency traders across the globe. The company stands as a gatekeeper for various traders who aspire to manage high-capital funds. Fidelcrest’s primary objective is to identify, support, and nurture talented forex traders from around the world.

The Company and Its Business

A prop firm like Fidelcrest provides traders with a significant amount of capital to trade, which can amplify their profits. In return, the company takes a percentage of the trading profit as their fee. It’s a win-win situation for both the trader and the company.

Since its establishment, Fidelcrest has gained a reputation for being a reliable and transparent trading prop firm. It has funded hundreds of traders worldwide, thus creating an international community of forex traders. Fidelcrest helps these traders realize their trading potential without requiring them to risk their capital.

The company’s primary business includes two significant components: the Fidelcrest Trader Funding program and the Fidelcrest Affiliate Program.

Fidelcrest Trader Funding Program

The Fidelcrest Trader Funding program is specially designed for talented traders who lack the necessary funds to maximize their trading potential. Forex traders go through a two-phase evaluation process to prove their trading skills and strategies. Once they pass this process, Fidelcrest entrusts them with up to $400,000 to trade.

This program is advantageous because it allows traders to trade significant sums of money without risking personal capital. Additionally, traders retain 70% to 80% of the profits they make, a considerably higher percentage than most other prop firms offer. Moreover, traders are allowed to trade 24/5, have access to 80 currency pairs and gold, and are not bound by monthly targets.

Fidelcrest Affiliate Program

Through the Fidelcrest Affiliate Program, Fidelcrest offers an opportunity for those interested in earning money by promoting their services. Affiliates can earn up to 15% in recurring commissions for active referrals. It’s a lucrative opportunity for those with an extensive network in the forex trading world.

The Advantages of Fidelcrest

Fidelcrest comes with a plethora of advantages:

1. No Personal Capital at Risk: Traders can trade with Fidelcrest’s funds, meaning they don’t need to risk their money.
2. High Capital: Fidelcrest offers traders up to $400,000 to trade, allowing for potentially high profits.
3. High Profit Share: Traders receive 70% to 80% of the profits they make, a fairly high percentage in the industry.
4. Flexibility: Traders can trade 24/5 from anywhere globally, offering great flexibility.
5. Fair and Transparent: Fidelcrest is known for its transparency in rules and fees, which builds trust among traders.

The Disadvantages of Fidelcrest

While Fidelcrest offers many advantages, it’s essential to recognize its potential drawbacks:

1. Stringent Rules: Fidelcrest has strict rules to minimize risk, which some traders may find restrictive.
2. Not Regulated: Fidelcrest is not a regulated financial entity, which may concern some traders.
3. Profit Sharing: Although the profit share is high, traders still have to give away a portion of their profits.

Conclusion

Fidelcrest stands out as a reliable prop trading firm in the forex market, offering talented traders the opportunity to trade substantial sums without risking personal capital. This company fosters a community of traders worldwide, providing them with a platform to grow and thrive. Despite some potential downsides, the benefits offered by Fidelcrest make it a worthy consideration for anyone interested in forex trading. Whether you are a budding trader or an experienced one looking for growth, or someone interested in earning through affiliate marketing, Fidelcrest provides ample opportunities.