Fidelcrest provides the maximum leverage of 1:100, which is not the highest but is also not the lowest. This is very comparable to other prop firms like FTMO and TopStep. It turns out that with this leverage, your account's purchasing power will be sufficient to produce earnings of up to three digits and even more.
MARKET PLATFORMS
Only the MetaTrader 4 platform is reportedly available in
terms of trading terminals, as per the prop trading firm. In this regard, the
prop firm does not provide any further alternatives, but despite this, we think
that it will be sufficient to engage in professional trading with substantial
cash due to the platform's robustness and trajectory.
On the other hand, Fidelcrest modified its terminal to
specifically provide its traders with the finest market trading circumstances,
including raw spreads starting at 0 pips & 0 commissions.
There are many built-in tools and features on our platform
that you may use without paying a penny.
Plan for Fidelcrest Scaling
The scaling plan at Fidelcrest enables its most successful
traders to handle up to $1,000,000—or even more—in specific circumstances.
First, you must have finished your first trading period on a
sponsored account to apply for the scaling plan. Next, you must get in touch
with customer support to request and sign an agreement. You will be instantly
included in the Fidelcrest scaling plan after you have signed.
As was already noted, the scaling plan enables you to
increase your account balance to $1,000,000, but the proprietary firm claims
that they may grant an exception if a trader has demonstrated extraordinary
profitability and prudent risk management with their professional account after
one year. But before starting the trade you should go and check fidelcrest
review on Google to clear your thoughts.
If you follow the scaling strategy offered by Fidelcrest and
hit your profit goals, your account will double every 12 months. This is far
quicker than what any other prop provider offers, according to the business.
HOW DOES THE FIDELCREST PERFORM ONCE THE EVALUATION IS COMPLETED?
The company will grant you access to a new account with real
funds, where the earnings are real and can be split between the trader as well
as the forex
prop firms, once you have successfully completed the challenge or evaluation
procedure, which as we saw above consists of two steps.
Profit sharing
Given the large percentage of the total that the trader
receives, profit sharing at Fidelcrest is highly advantageous for the trader.
To be more exact
Normal risk strategy for Micro Trader and Pro Trader
accounts: 80% of gains go to the trader, and the company retains the other 20%.
Swing and ProTrader accounts for micro traders with an
aggressive risk strategy yield 90% of the profit to the trader and 10% to the
company.
As a result of your performance in the verification stage,
Fidelcrest will pay you a registration percentage fee on your performance when
you move to the live account. This fee may equal up to 50% of the minimum
profit target attained in the verification stage.
Income Withdrawal
The finest part, the one that everyone enjoys, is now here:
withdrawing profits. In this regard, you should be aware that the trader's
profits will be credited to your account using the preferred payment method
once the trader has satisfied the requirements of the funded account stage.
This processing will take place within 1 to 3 business days following the
conclusion of the stage 2 and stage 3 trading periods that were approved.
There are ways to withdraw your winnings:
·
Money transfer
·
PaySafe by PayPal (Skrill, Neteller, etc.)
·
Bitcoins
There are no withdrawal restrictions and no associated
costs, but you should be aware that bank transfers beyond the SEPA region will
incur a 50€ fee per transaction.
You should also keep in mind that the account needs to be in
your name if you do this.
RESOURCES AND EDUCATIONAL MATERIALS FROM FIDELCREST
Fidelcrest is not among the most significant in terms of
tools or instructional resources; in this regard, there aren't many resoles
available.
