1 Fidelis Reviews — FX Broker — Broker-ABC

Fidelis

Fidelis
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Overview

Fidelis Capital Markets Limited is a brokerage company, based in New Zealand. It has been operating on the market since 2011 and is proud to deliver superior trading tools and services of their professional account managers to all its customers. The firm is regulated by FSA Saint Vincent and the Grenadines.

Deposits and Withdrawals

The minimum amount to start the ordinary account is 200 USD. There are also Elite and Unique account types starting from 5000 and 10000 USD accordingly. As for deposit and withdrawal methods, the firm accepts Wire bank transfer, credit cards, and Netteller. Customers are free to fund their account with US dollar, Euro, British Pound, Swiss franc, Japanese Yen or Australian dollar. Withdrawals are linked to the same method which you used for deposit. Note, if you deposited via credit card and wish to withdraw the amount which exceeds your original payment made with this card, your funds will be withdrawn via wire transfer to your bank account. Withdrawal procedure usually takes 3-5 business days here.

Trading

According to the information presented on their website, they have different account types for various types of investors. Trade execution is really fast, up to 100 ms. The Maximum Leverage here is at 200:1. As for the trading platform, the broker uses standard version of MetaTrader 4 compatible with Windows and Mac. There is also a Mobile application available for iOS and Android. This platform is equipped with all the needed tools to allow you to access the market directly from anywhere, as long as you have the internet connection. Fidelis allows scalping, hedging and news trading strategies. You can also open a demo account first and practice until you get some understanding about the market. You can also practice different trading strategies with a demo account.

Instruments

As for the trading assets, both major and minor currency pairs are available for trading, CFDs, and Precious Metals (Silver and Gold). Pips start from 0.0, however, broker charges its commission depending from the account type. For instance, there are spreads starting from 1.6 pips offered on standard account with no commission on forex trading. On the other hand, Prime account which starts from 10000 USD offers 0.0 pips spreads but with commission of 1.25 USD per trade.

Conclusion

To sum up everything mentioned above, we found no special features that can raise Fidelis on top of other brokers. It seems to offer rather ordinary trading experience and can be considered as an average choice

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    Broker Fidelis
    Website URL https://www.fideliscm.com
    Founded2011
    HeadquartersNew Zealand
    Support Number+61 (3) 8400 4487
    Trading PlatformMetaTrader4
    Minimum 1st Deposit$10
    Minimum Account Size$200
    Minimum Trade Amount0.01
    BonusMargin bonus
    Leveragefrom 1:1 to 1:200
    Spreadfloating from 0.8 pips
    Free Demo Account Open Demo
    RegulationFSPR
    Number of Assets300+
    US Traders Allowed No
    HoursYes
    Mini Account200
    Swap AccountsYes
    PAMMYes
    Auto TradingYes
    HedgingYes
    Trusted ManagmentYes
    Affiliate Program:Yes
    Expert advisors:Yes
    Free Education:Yes
    Other InstrumentsCFDs
    Decimals5
    Overall Score1.8

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