Fidelcrest Challenge Conditions Explained

What is Fidelcrest challenge?

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Fidelcrest Challenge is the perfect plan for novice traders. Traders just beginning to trade can consider checking out the Fidelcrest Challenge stage. As the trader, you must pass the first phase to move to the next stages.

According to the Fidelcrest Challenge rules, you must choose the risk level, account size and bonus option. Once you clear all the stages using the tools, you will establish yourself as a skilled trader. You can choose your trading style, but you must perform accordingly. With the Fidelcrest Challenge program, you will start earning after completing the first phase.

Why join the Fidelcrest challenge?

Beginner traders often face the challenge of meeting their targets. Most of this is because they need more capital. Fidelcrest, therefore, brings the opportunity for individual beginners to start trading and become a pro. If you are a beginner and don't want to risk a lot of money, try your hands at the Fidelcrest Challenge.

Even the prop firm-funded account challenge prices are pretty high. However, this can be difficult for novice traders to pass, and they might lose money if they perform poorly. As a result, the Fidelcrest Challenge, starting from only €99 (this is a payment for the tariff plan), makes it easier for the traders to put their skills to use before they try their hands at bigger accounts. With this program, you will learn only the basics of trading, and after completing Phase 1, you will be eligible for real money.

How to complete the Fidelcrest challenge?

Once you decide to appear in the Fidelcrest Challenge, you need to be extra cautious of how you trade. Your trading style entirely depends on you. Since this is the micro trader program, you can choose a style per your preference and bring the difference accordingly.

You can choose any one of the trading account sizes and start earning. There are two types of accounts you can get:

In both stages, you will be eligible for the Free Bonus option that you can access once you complete the challenge. You can choose the risk type you want to perform and actively participate in the challenge.

Once you have your account, you need to secure a Profit target of 5% in Phases 1 and 2. The maximum trading days is 30 days. Your overall drawdown limit should be at most 10%, or you will fail the test. As long as you're following the rules, you will complete the challenge within 30 days.

Stages of Fidelcrest challenge

The Fidelcrest Challenge makes it easier for traders to get funded only with one step. However, the traders must complete all the phases carefully where they prove themselves capable of being skilled. Below are the stages that will help traders become professionals in Fidelcrest Challenge:

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Fidelcrest challenge fee

There is no payment directly for participation in the Fidelcrest challenge, however, you will need to pay for choosing a trading plan:

An example of successful completion of the Fidelcrest Challenge

Charles is a new trader. He doesn't have enough capital so he signs up for the Fidelcrest Challenge. He makes a deposit of 99 Euros and starts trading for normal risk. He completes the Challenge in 5 days by securing the profit of 5% for both Phase 1 and Phase 2. Then, he was ready to take up the funded account and become a funded trader, thereby accelerating his profits from the Fidelcrest challenge.

The Fidelcrest challenge: Top 5 tips

If you're willing to pass the Fidelcrest Challenge, here are some of the tips that might be pretty helpful for you:

Difficulties with passing the Fidelcrest challenge

While Fidelcrest Challenge is exceptionally great and helpful for beginner traders, they may face some challenges initially. Since the daily maximum loss limit is only 5%, it can be challenging for traders to manage the risk ratio. Additionally, many beginner traders will need help to reach the 5% profit limit within 30 days.