Four distinct account types are available to traders through Fidelcrest. Micro-accounts will be our first focus. Depending on the funding option, you will have between $10,000 and $25,000 available if you trade in micro-accounts. Of course, a one-time account opening fee of just $99 makes this firm one of the most affordable on the market.
There are four different account types available to traders.
Micro-accounts are the simplest. You will have access to between $10,000 and $25,000 when you begin trading with micro accounts. Depending on the type of financing you select, the amount may vary.
Goals for profits, profit sharing, and terms of financing.
The Normal MicroFx+ program’s terms include the following:
- The profit objective is 5% (after the authentication process, 0%).
- $5,000 to $20,000 in funding
- A minimum of 10 trading days is required.
- 10% maximum loss.
- 70% of net profits (minus 40% for the appraisal period)
- Cost: a one-time payment of between 99 and 199 euros.
Profit goal: 15% (after evaluation phase, 0%).
$5,000 to $20,000 in funding
Five days is the bare minimum to trade.
20% maximum loss
Profit Share: 80% (minus 40% for the testing phase)
Price: a one-time payment ranging from 149 to 349 euros.
You can get a second attempt for free when you buy the trading competition by entering the promo code “2NDFREE,” which is one of the significant advantages of the Micro Fx+ programs.
In this manner, you can try again without paying a one-time cost if you still need to meet your profit target.
Types of Pro Trader Accounts
Moreover, Fidelcrest provides Pro accounts. Under management, they range from $75,000 to $500,000 in price. This is the most extensive account you can buy from a professional firm.
Normal” and “Assertive” are the two options for each account. The “Assertive” account option is particularly fit for traders who experience multiple huge drawdowns and significant PnL changes while also making conventional monetary because it is allowed to engage in this type of trading.
Your profit share grows from 70% to 80% under the “Assertive” option, while the max loss drops to 20% and the profit target rises to 20%. The only disadvantage is that the initial account opening fee is more than it is for standard account types.
Fees for trading on Fidelcrest Markets
Trading comes at a cost in several ways. Spread, commission and foreign exchange fees represent the majority of them.
Spreads represent the discrepancy between market prices for buying and selling. This broker’s spread currently begins at 1.6 pip. Although it frequently starts higher for EURUSD and other currencies, this is typically the lowest number. Often, accounts that also charge a commission have lower spreads. This broker charges a switch fee.
When the market changes overnight, a commission known as a swap charge is deposited into your account to enable you to make a deal. Check the broker’s website for the most up-to-date exchange costs, as they are subject to change.
What are some Fidelcrest Features, and How Do They Work?
The best talent in the investing sector is drawn to Fieldcrest by its many advantages.
Instruments and brokers
There are a lot of trading platforms available. Fair profit split support for traders—automated monitoring and account analytics.
As we already explained, you have three possibilities to trade on. Just like topstep trader, Users of Fieldcrest can access Meta Trader 4 and Meta Trader 5. Which trading platform you use will depend on the broker you use.
Automated Monitoring, Account Analytics, and Review
Using automatic monitoring and account analytics, Fidelcrest is unique software enables traders to monitor their trading goals. The Trader Area contains all account statistics and essential account data. Every account is continuously watched, 24 hours a day, every day. Fieldcrest’s Refund Policy
Within 90 days of your transaction, you can cancel any provided or unachievable services at any time by sending a formal notification. If you decide to cancel, the trading program fee will be fully refunded. The refund request has a 14-day deadline if the trader still needs to start using the account.
The request for a refund must be submitted within 14 days of the purchase if the trader has yet to start trading on the account. The refund request will only be honored if the 14-day window passes after being met. Traders will have three business days optimum to cancel the deal.