How to open a Fidelcrest account: Guide
This article provides a comprehensive guide on how to open a Fidelcrest account, a leading prop trading firm. The guide covers all the essential steps and requirements for opening an account, including the documents, the minimum cost, and the registration process.
To open a Fidelcrest account, traders must first register on the company's website and complete the necessary KYC (Know Your Customer) and compliance checks. Traders can then choose to participate in the Challenge program or apply for a funded trading account.
The guide is designed to be straightforward and user-friendly, making it an ideal resource for anyone looking to get started with online trading.
Fidelcrest Website
How do I become a Fidelcrest trader?
Fidelcrest is one of the most popular prop trading platforms to begin your trading career. To become a Fidelcrest trader, you must create an account on the platform. Starting your trading journey with Fidelcrest can be beneficial as you can manage up to $2 million in your account.
Once you take the account and tend to stay consistent with trading, you will be eligible for a 25% rise on your account for the existing capital at the end of every three months. However, to get the 25% bonus, you must stay consistent in your trading strategy and secure 5% profit each month, amounting to 15% by the third month.
If you start trading with Fidelcrest, things will be smooth. This is mostly because you get a user-friendly MT4 platform to start trading. As long as you satisfy all the profitability requirements, you will keep receiving a 25% increment from them.
To become a professional Fidelcrest trader, you must pass the funded challenge account. Once you buy the account, you need to satisfy the criteria for Phase 1 and Phase 2. In Phase 3, you will be eligible for a profit share of up to 90%, which is relatively high compared to other prop trading firms.
How to Become a Prop Trader?Who can join Fidelcrest?
Anyone can have a Fidelcrest account if they satisfy all the criteria. There are specific requirements and standards that you must fulfill to join Fidelcrest. The requirements for joining Fidelcrest are as follows:
Join the Micro Trader or Pro Trader program by Fidelcrest for a minimum cost of 99 Euros or 649 Euros, respectively.
Submit your details.
Take part in Fidelcrest Challenge to prove you're eligible to become a trader.
Do not hit the daily drop-down limit of 5%.
Maintain a profit consistency of 5% per month.
Fidelcrest account opening guide
If you plan to become a funded trader, Fidelcrest can be one of the best places to start your journey. Since you will be getting all the perks, you should keep a check on how to move ahead with it.
Below are the steps you will need to follow to create an account on Fidelcrest:
Step 1: Visit the official website of Fidelcrest.
Step 2: Check for the Trading Program. Choose between Micro Trader and Pro Trader Program.
How to create a Fidelcrest account
Step 3 : Choose the risk level- Normal or Aggressive.
Step 4: Understand the terms and conditions. Click on the Start Now option.
Step 5: You will be redirected to the Signup page. Fill in all the details.
How to create a Fidelcrest account
Step 6: Tick the "I agree to processing my data account according to our privacy policy" and "I confirm that my name is correct and matches my government-issued ID".
Step 7: Click on the "I am not a robot" option and Sign up for the platform.
How to create a Fidelcrest account
Step 8: Send all your relevant documents for Verification.
You're ready to start trading with the funded account.
Best Funded Trader Programs ComparedSome of the valuable tips that can help you easily open an account on Fidelcrest include the following:
You must check the terms and conditions of each trading program and then sign up for a particular one.
Read the signup commission and profit split offered for that particular program.
Understand how many phases you need to appear in and how much profit you should maintain for each.
Know how many days you will be eligible for the profit split.
Check whether or not you're eligible for a bonus on your first payout.
Be very consistent with your trading strategy.
Make sure that you pass the three phases of the Trading Program.
These include:
Trading Challenge: Understand the account sizes and risk levels to satisfy the skills and profit targets.
Verification: Continue trading with the Verification after passing the Trading Challenge. You will also be eligible for commission in this phase.
Fidelcrest Trader: You're ready to become a funded trader.
Phases of the Fidelcrest Trading Program
How long does it take to become a Fidelcrest trader?
To become a Fidelcrest-funded trader, you must satisfy all the eligibility criteria. If not, you will not be able to pass the challenge or become a trader. A maximum of 30 trading days and a minimum of 1 day is allowed to become a funded Fidelcrest trader.
How much can you make as a funded Forex trader?Free trial Fidelcrest
There is no free trial for Fidelcrest. The minimum deposit that you must make on the account is 99 Euros as a fee for the minimum funded trading account. The Challenge period is for a minimum of 1 day and a maximum of 30 days. You must pass the Challenge account. The Challenge account is the lowest you can get for the Fidelcrest account.
Since there is no free trial, you can only opt for the lowest-paid account and start trading. The minimum amount is for the Micro Trader account. The amount may vary for the Pro Trader Program.
Best Forex Prop FirmsFAQs
How can I open an account with Fidelcrest?
You can open an account with Fidelcrest by visiting their website and following the registration and evaluation process. You must pay the deposit amount and buy the capital account to start trading.
How long does it take to open an account with Fidelcrest?
It takes a few minutes to complete the registration form and submit the required documents, and then you can start the evaluation program immediately.
Is there a minimum deposit requirement to open a Fidelcrest account?
Yes, there is a minimum deposit requirement to open a Fidelcrest account, which may vary depending on the type of account you are interested in.
What documents do I need to provide to open a Fidelcrest account?
To open a Fidelcrest account, you must typically provide a government-issued ID and proof of address. Other documentation may also be required, depending on your country and online trading regulations.
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.
Ivan is a financial expert and analyst specializing in Forex, crypto, and stock trading. He prefers conservative trading strategies with low and medium risks, as well as medium-term and long-term investments. He has been working with financial markets for 8 years. Ivan prepares text materials for novice traders. He specializes in reviews and assessment of brokers, analyzing their reliability, trading conditions, and features.