While looking for the best proprietary trading programs, I came across Fidelcrest’s Trading Challenge, an intriguing program specifically designed to groom individuals into skilled traders. 

Fidelcrest, a prominent figure in the trading landscape since 2018, prides itself on identifying and nurturing traders who can yield sustainable long-term profits. The most attractive part? Successful traders gain the privilege to manage up to $2,000,000 of Fidelcrest’s proprietary trading firm’s capital, while receiving up to a whopping 90% of the profit.

The Fidelcrest Trading Challenge

Fidelcrest’s Trading Challenge can be best described as a three-phase journey. As a beginner, I had to start with the ‘Trading Challenge‘, where I was given the liberty to select my account size and risk level, aligning with my skills and profit objectives. I found this to be a flexible approach, allowing me to tailor the challenge to my comfort level.

Next came the ‘Verification‘ phase, where my consistency as a trader was tested. I had to continue trading and prove that my earlier success wasn’t mere luck but a result of my genuine trading skills.

Having proved my worth in the first two stages, I became a ‘Fidelcrest Trader‘ in the final phase. This is when I got the opportunity to trade Fidelcrest’s capital, with no profit targets limiting my potential earnings. The only constraint was the maximum loss limits, which every trade has to carefully observe.

The company offers different trading programs tailored to different risk profiles – Pro Trader Normal, Pro Trader Aggressive, Micro Trader Normal, and Micro Trader Aggressive. The Pro Trader Normal and Aggressive programs cater to more seasoned traders, with initial capitals ranging from $250,000 to $1,000,000 and a higher level of risk. For beginners or those with limited capital, the Micro Trader Normal and Aggressive programs offer a softer landing, with initial capital ranging from $15,000 to $60,000.

All these programs come with a 60 calendar day duration per phase and the option of unlimited free retries – a feature I found quite helpful during my journey. It’s also worth noting that the profit targets for funded accounts are set at 0%, allowing you to start earning from your trades without having to meet a specific target.

Fidelcrest’s proprietary trading platform, equipped with raw spreads starting from 0 pips and zero commissions, was an impressive tool during my experience. Exclusively designed for Fidelcrest Traders, the platform offered a plethora of over 175 products to trade. Furthermore, the leverage rate of up to 1:100 available for all US, Canada, and EU countries was a significant advantage.

The company provides state-of-the-art software for account analytics and automated monitoring, helping to keep track of trading progress and objectives. The fee structure is straightforward, with a one-time fee and no recurring charges or hidden fees, a refreshing departure from industry norms.

Customer support was another bright spot in my Fidelcrest journey. The support team was prompt and efficient, quickly resolving any queries I had.

Fidelcrest’s Trading Challenge offers an excellent platform for both beginner and experienced traders to refine their skills and earn substantial profits. Its combination of flexible trading programs, impressive profit splits, a robust trading platform, and commendable customer support makes it a worthwhile choice for anyone looking to get into the world of proprietary trading. Based on my personal experience, I would wholeheartedly recommend giving Fidelcrest’s Trading Challenge a try.

Quick Details of the Fidelcrest Trading Challenge:

Pro Trader  Pro Trader  Micro Trader  Micro Trader 
Entry Price €999 to €2,999 €1,999 to €3,499 €99 to €299 €199 to €399
Risk Type Normal Aggressive Normal Aggressive
Funded Capital $250,000 to $1M $250,000 to $500,000 $15,000 to $60,000 $15,000 to $60,000
Profit Split 80% 90% 80% 90%
Max Drawdown 10% 20% 10% 20%
Max Daily Loss 5% 10% 5% 10%
Evaluation Duration 60 days 60 days 60 days 60 days
Profit Targets 10% for Phase 1 & 2 20% for Phase 1 & 2 10% for Phase 1 & 5% for Phase 2 15% for Phase 1 & 2
Money Back? If you manage a profit, you’ll get a refund of the entry fee Same Same Same
Other Notes Unlimited free retries, 0% profit target for funded accounts, Unlimited free retries, 0% profit target for funded accounts,  Unlimited free retries, 0% profit target for funded accounts,  Unlimited free retries, 0% profit target for funded accounts, 

 

What Do Other Traders Think of the Fidelcrest Trading Programs?

On Trustpilot, Fidelcrest enjoys a respectable rating of 4.6 out of 5, based on over 830 reviews. 

Many traders commend the company for its affordable entry costs and variety of trials, appreciating the opportunities to test different strategies and trading styles. They also highlight the reasonable profit targets and maximum drawdown, which allows room for inevitable market fluctuations and permits them to trade with a level of comfort.

However, no company is without its critics, and Fidelcrest is no exception. A smaller contingent of traders on Trustpilot and Reddit have expressed dissatisfaction, accusing the company of not honoring legitimate passes of their trading challenge. Such negative experiences, while in the minority, do raise concerns about the fairness and transparency of Fidelcrest’s evaluation process.

It’s essential to note that the online trading world is rife with various funded trader programs, each with its unique set of advantages and drawbacks. Comparatively, Fidelcrest stands out with its wide array of trading programs catering to different risk profiles and its high-profit split of up to 90%. These benefits position it as an attractive choice for many traders.

Nonetheless, the negative feedback about the company’s handling of evaluation passes does distinguish it from some competitors who may have more transparent and well-received processes. This is a point that potential traders might consider when deciding to participate in the Fidelcrest Trading Challenge.

247trading Final Impressions on the Fidelcrest Trading Programs

The Fidelcrest Trading Challenge presents a promising opportunity for traders seeking to manage significant capital without fronting the entire risk. The program offers considerable flexibility with its various trading options, making it accessible to a broad range of traders, from those who prefer a more conservative approach to those willing to take on higher risks.

With a profit split ranging from 80% to 90%, Fidelcrest undeniably provides one of the industry’s most competitive rates. This aspect, coupled with the potential of managing up to $2 million in funds, creates a compelling prospect for traders aiming to maximize their earnings.

However, it’s also worth noting the concerns raised by some traders in online reviews, accusing Fidelcrest of not honoring their commitment upon successful completion of the challenge. While these claims represent a minority of the feedback, they nonetheless underscore the necessity for transparency in the evaluation process, a factor that prospective traders should consider.

Cost-wise, while the one-time entry fee may seem steep, especially for the Pro Trader program, the unlimited free retries, the potential for high-profit splits, and the ability to trade a wide array of instruments make it a worthy investment for many.

Compared to other funded trader programs, Fidelcrest stands out with its high-profit split, varied program offerings, and the sizable capital it avails to successful traders. These advantages, however, should be weighed against the concerns raised by some participants and the level of risk one is willing to undertake.

In essence, the Fidelcrest Trading Challenge, despite its challenges, presents a substantial opportunity for traders to grow their earnings and gain experience trading large accounts. If you’re a trader who values variety in trading programs, appreciates a high-profit split, and has a clear understanding of the associated risks, this program could be a suitable choice for you.