Fidelcrest Review: What Is It, How Does It Work & Is It Worth It?

So, you’re thinking of becoming a forex trader? You’ve heard a lot of great things about a career in trading and you are finally taking the steps toward entering this world and making some money. Well, this can certainly be a very lucrative career, just as long as you know how to do it all right. And, if you don’t know that now, don’t worry – you can always learn.

A common misconception is that trading is an easy money maker and that you don’t have to put a lot of effort into it. You simply have to get started, invest some money, and then watch your wealth grow. It would be great if things were like that, wouldn’t it? Unfortunately, though, things are a lot more complicated, and forex trading is more difficult than it may seem to a newcomer. Once you dip your toe into this world, you will realize just how complex it is, and just how much knowledge you need to be successful.

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Of course, the above doesn’t mean that you won’t actually be able to make money and make a career in forex trading if that is what you are planning on doing. This is entirely possible, but it requires you to put a lot of effort into it and commit. If you cannot commit to it, constantly learning new things, watching and analyzing the market, and understanding when and how to make the right moves, you are highly unlikely to build the wealth you are dreaming of or to have any kind of a successful career in this field.

When you think about it this way, you will probably come to the conclusion that newcomers cannot make it in this world, most usually because they don’t have enough money to get things started. This assumption is, fortunately, wrong. First off, with enough commitment, you can make anything happen. Secondly, some people can help you. Or, better yet, some companies can help you.

Partnering Up With the Right Companies

What does the above mean, then? Well, in short, you don’t have to go through any of this alone. Whether you are a complete beginner, or a seasoned trader, partnering up with a trading company is a must. It can help you kick-start your career, as well as take you to the next level if you have already been doing this for a while. Gaining access to global markets and advanced trading technologies with the help of these companies is the thing you need to be able to grow your wealth.

Numerous trading companies operate on the market, though, so choosing the one that is best for you can be a bit tricky. The best thing to do is take time to get familiar with various companies before deciding which one to partner up with. And, the best way to get familiar with those companies is through reading comprehensive reviews written about them, learning how they operate, what the advantages of partnering up with them are, and generally getting a sense of their services and then deciding if that is what you need.

Here is a guide to forex trading in case you need one:

Fidelcrest is one such company. So, what we are going to do today is give a detailed overview of Fidelcrest, helping you understand what it is, how trading through it works, as well as what it is that you can trade. Of course, we cannot write a review without exploring legitimacy as well and without, finally, answering the question of whether cooperating with this firm is actually worth it or not. Let us, therefore, start answering those important questions right away.

What Is Fidelcrest?

What Is Fidelcrest?

What exactly is Fidelcrest? In short, this is a proprietary (or prop in short) trading firm that has recently emerged as a popular platform among traders. You can use the firm’s resources and expertise to capitalize on market opportunities. To be even more precise, this company provides traders with the necessary funding to help them engage in financial markets.

So, if you have been dreaming of becoming a forex trader, but don’t have the money to get things going, you don’t have to bother with individual investors anymore. You can simply partner up with Fidelcrest, or a similar prop firm, and gain access to the necessary capital, as well as to the advanced trading technologies and risk management tools. So, this platform exists to empower traders and support them on their path of building wealth.

Another thing that is undoubtedly worth mentioning here is that Fidelcrest operates on a remote basis, allowing you to trade regardless of where you are located. The flexibility and the freedom that this provides are also quite appealing, which is why a lot of traders are attracted to the platform nowadays. Let us now dive a bit deeper into the services of this company and explain how it works, so that you can get a clearer idea about what you can gain if you decide to cooperate with these pros.

How Does It Work?

Clearly, Fidelcrast operates on the proprietary trading model. When you join, you get the funding to trade the firm’s capital, with the opportunity to earn a share of the generated profits. This model is quite common already, so I suppose that you understand the concept. Of course, to qualify for the funding, you have to go through a strict evaluation process, as well as demonstrate your trading skills and show that you know how to manage risks.

The mentioned evaluation process usually consists of a few different stages, starting with an application and screening process. After you are accepted, you are given a demo account that allows you to showcase your skills, your trading strategies, and your performance. If you are successful at that stage, you move on to getting a live account. The funding you will get depends on your performance during the evaluation process.

The fact that you get access to capital, which further means you don’t have to risk your own money, is one of the things that sets Fidelcrest apart and makes it stand out in the sea of other prop firms. Furthermore, they also stand out for their advanced technology, using the MetaTrader 4 platform, known for its powerful and useful features, as well as a user-friendly interface. The platform can be accessed from any account, allowing you to trade wherever you are.

In addition to that, this firm offers access to plenty of other tools and resources that can enhance your trading experience. Economic calendars, real-time market data, as well as technical analysis tools are all at your disposal, allowing you to, well, beat the game. When you have the necessary data and the right tools to analyze them, you are bound to be much more successful at making the correct trades at the perfect time.

If the above seems complicated for beginners, especially since you know that there is an evaluation process to go through, then let me tell you about another thing that makes Fidelcrest a prop firm that stands out. In short, they offer training and support to beginners, understanding that trading is a serious and complicated game. With Fidelcrest, you gain access to experienced mentors who will provide you with guidance and support, as well as feedback. On top of that, there are trading programs that you can join to learn everything you need to know, from trading strategies to risk management. All of this means that you can gain all the knowledge and skills you need to become a successful trader.

What Can You Trade With Fidelcrest?

We have mostly been talking about forex here, but you are most probably wondering if that is the only trading opportunity for you if you join Fidelcrest. The answer is, of course, no. With this company, you can also trade in stocks, commodities, metals, indices, and even cryptocurrencies. So, the platform is quite comprehensive, allowing you to use your skills to create the portfolio of your choice and to build your wealth.

Is Fidelcrest a Legit Company?

Is Fidelcrest a Legit Company?

Here is a question that always pops up whenever any kind of a prop trade firm is mentioned. Is it legit? And, it is undeniably an important question, because you don’t want to waste your time and resources on something, only to realize later on that you cannot gain anything from it. Fortunately, this is not something you have to worry about when we are talking about Fidelcrest.

So, in short, it is a completely legitimate company. And, not only is it legit, but, as I’ve explained already, you don’t have to invest any of your resources in order to get things started. Meaning that you are entering the world of trading with no risks at all. Pretty appealing, isn’t it?

What about the Fees?

Now, we have been talking about the fact that you don’t have to invest your own money when you join this platform and that is correct. But, that doesn’t mean that you won’t have to pay anything ever. To put it simply, Fidelcrest charges fees for their services, and those fees depend on the size of the account, as well as on your performance during the evaluation phase we have been talking about above. In addition to that, you have to pay a monthly fee to access the platform and the trading tools.

The great news is that you can always find a Fidelcrest promo code somewhere, and then use it to get lower fees. Some of the codes even offer a 15% discount on your purchase, which can definitely be a lot. And, this company also has the policy of giving new chances to traders who haven’t made any money yet, just as long as they haven’t broken any rules.

Now, when we are talking about the fees, we cannot fail to mention the profit split model that this company operates on. This means that a percentage of the money you will earn through your trades goes to you, and then the rest goes to Fidelcrest. When you think about it for a moment, you will realize that this is a fair exchange, given that the company provides you with the necessary capital, allowing you to start trading in the first place. With the profit split model, the company incentivizes traders to perform better and aligns their interests with the interests of the firm itself, which is precisely why the model has proven to be so successful.

What are the Pros and Cons of Working With Fidelcrest?

If you are still not sure whether you should join this company or not, let me give you a clear overview of the pros and cons of doing so. First off, there is the fact that you gain access to trading capital, which is a clear pro. Then, you also gain access to advanced technologies that will help you on your path. On top of that, there are training and mentorship programs that can empower you to do better. And, we also cannot fail to mention the fact that the company operates remotely, providing you with great flexibility.

As for the cons, here is what you should know. The evaluation process can be a bit challenging for total beginners, but that still doesn’t mean that you won’t be able to pass it successfully, meaning that giving it a shot is undeniably worth it. Then, the monthly fees and the profit split model may sound appealing to some traders, although we have to admit that it really isn’t that big of a con when you compare it to all the pros.

Is Fidelcrest Worth to Try?

So, now that you have read a comprehensive Fidelcrest review, you only have one question left on your mind. Is joining it worth it? When you weigh out all the pros and cons and when you take into account everything you can gain from joining this prop trading company, you will probably be able to answer the question for yourself. My two cents? Yes, it is definitely worth it.

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