How Fidelcrest scaling plan works
Fidelcrest's scaling plan allows traders to increase their buying power and profit split by meeting certain performance benchmarks. Traders can progress through several funding levels, with the opportunity to access up to $400,000 in buying power and keep up to 80% of their profits.
Are you planning to become a funded trader? Few people knew how to start trading earlier because they lacked the capital. As time went by, things became more accessible as people got the opportunity to take help from prop firms and start trading.
If you're looking forward to getting funded and starting your trading career, Fidelcrest can be a great place to start. The Fidelcrest scaling plan can help you in the entire process. Check this article for a brief Fidelcrest Scaling Plan Review.
Fidelcrest Website
What is Fidelcrest scaling plan?
With the scaling plan Fidelcrest, you can double the initial account balance within 12 months. However, you will only be eligible for the program if you have completed the Professional Account trading period.
If you sign up for the Fidelcrest Scaling plan, Fidelcrest will add 25% of the initial capital into the account's balance. The addition will be done every three months only if you satisfy the requirements of Fidelcrest.
Fidelcrest is one of the reliable platforms. Unlike the other prop firms, your money will never be at stake. However, you should get in touch with Fidelcrest and understand the regulations.
Once you take the Fidelcrest scaling plans, the capital will keep increasing every time. You will have to satisfy the criteria (the ones that you will get to know in the sections later). Based on that, there will be an increment in your account.
How to Get Funded for Trading Forex?Fidelcrest scaling plan packages
Fidelcrest offers two types of Programs:
Fidelcrest Trader Normal
Fidelcrest Trader Aggressive.
Both plans have almost the same start capital. However, there is a difference in terms of the account price and type of risk. The risk is average for the Fidelcrest Trader Normal program, whereas the risk is aggressive for the Aggressive plan. For regular programs, the profit split is 80%, and for aggressive programs, the profit split is 90%. The scaling plan is available for both packages. You can check out everything you need about the Pro Trader Normal and Pro Trader Aggressive Programs in the table.
| Pro Trader Normal | Pro Trader Aggressive | |
|---|---|---|
| Risk Type | Normal | Aggressive |
| Profit Split | 80-20% | 90-10% |
| Account Range | EUR 649 - 2899 | EUR 999 - 2899 |
| Maximum Loss | 10% | 20% |
| Maximum Daily Loss | 5% | 10% |
| Profit Target for Phase 1 and 2 | 10% | 20% |
Evaluation program account rules
To be eligible for the scaling plan Fidelcrest, you must meet the eligibility criteria. You must meet the criteria to be eligible for the account. Since you will get a 25% increase in your capital, here are the rules that you need to satisfy:
The traders must record a 5% gain on their account for three consecutive months, a total of 15% in three months.
The traders must be profitable and be on a positive note at the end of three months.
At the end of three months, the outstanding balance of the trader must be more than that of the starting balance of the Professional Account.
If the balance is less than the Professional account's starting balance, you will get a 25% increase in your account once you are positive at the end of the trading scheme.
You will get a 25% increase every three months if you satisfy the above-mentioned criteria.
What is a funded trading program?Example of scaling plan Fidelcrest
If you are new to the Fidelcrest Scaling Plan, you need help understanding how to move with trading. It won't be a problem if you consider yourself a pro trader. Let's analyze a scenario of a trader named James who grows his account from $10,000 to $20,000 by staying consistent in his trading scheme.
James is a relatively new trader who started trading a year ago. He practised a lot but needed more capital to put his skills to use. So, he now joins a prop firm and actively participates in the Fidelcrest Scaling Plan.
James' initial capital is $10,000. After staying consistent and satisfying all the criteria of Fidelcrest, James' capital increases to $12,500. This happens for a year as long as James continues to satisfy the requirements. After a year, its standing capital of James will be $20,000. However, for this, James will have to stay consistent. If he fails to satisfy the criteria at any moment, he will not get the 25% increase in his capital. Once he fulfills the requirements, he will get the 25% increase credited to his capital in the particular month.
Example of scaling plan Fidelcrest
FAQs
Who is eligible for the Fidelcrest Scaling plan?
The traders must complete their initial trading period with a Professional account. After completing their first trading period, they can participate in the Fidelcrest Scaling plan. Based on that, they can take their account balance to $2,000,000.
What is the Fidelcrest scaling plan's duration and the maximum amount I can trade with?
To be an active part of the Fidelcrest Scaling plan, you must stay consistent for 12 months. After a year, you will be eligible for trading with $2,000,000. However, the maximum amount may vary depending on your performance.
What are the requirements to participate in Fidelcrest Scaling Plan?
The requirements to participate in Fidelcrest Scaling Plan include being a funded trader with Fidelcrest, meeting certain profit targets and risk management requirements, and completing the necessary training and evaluation programs.
What are the benefits of the Fidelcrest Scaling Plan?
The benefits of the Fidelcrest Scaling Plan include the ability for traders to increase their trading capital and profit potential, access to more advanced trading tools and features, and personalized coaching and support from experienced traders.
Team that worked on the article
Upendra Goswami is a full-time digital content creator, marketer, and active investor. As a creator, he loves writing about online trading, blockchain, cryptocurrency, and stock trading.
Professionally, he has been a marketing professional running his agency for three years now. His agency helps finance projects to grow with the help of internet technologies. Upendra Goswami is an active investor and enthusiast of stocks and cryptocurrency.
Knows about
trading, blockchain, cryptocurrency, stock trading
Alumnus of
JECRC UDML College of Engineering, Jaipur
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
Olga has extensive experience in writing and editing articles about the specifics of working in the Forex market, cryptocurrency market, stock exchanges and also in the segment of financial investment in general. This level of expertise allows Olga to create unique and comprehensive articles, describing complex investment mechanisms in a simple and accessible way for traders of any level.
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