With its head office in Kingstown, Saint Vincent and the Grenadines, FidelisCM is an award-winning brokerage firm that claims to be built on the core values of trust, integrity, fairness, transparency, honesty, and reliability. The broker provides traders with the MT4 and MT5 trading platforms for online trading of over 100 financial instruments across different asset classes, including forex, precious metals, and CFDs. There are multiple account options that are designed to try and meet the trading needs of all kinds of traders.
FidelisCM Review, Pros & Cons
- User-friendly MT4 & MT5 trading platforms
- Educational resources
- A selection of trading tools
- Over 100 financial instruments
- Located offshore
- No live chat support
- No USA clients
In this detailed FidelisCM review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
FidelisCM is a retail trading broker that is bent on providing traders with a competitive trading environment, wide product range, tight spreads, fast executions, flexible leverage options, in-depth analysis, and support to clients. Trades are executed via the intuitive MT4 and MT5 trading platforms, whilst there is a good range of trading tools and educational resources. The broker is a recipient of the Fastest Growing Online Forex Broker, Best Forex ECN Broker, and Best Forex ECN/STP Broker awards in 2013, 2014, and 2016 respectively.
FidelisCM is owned and operated by Fidelis Capital Markets Limited, which is registered by the Financial Services Authority of Saint Vincent and the Grenadines with the registration number 24163 IBC 2017
Fidelis Capital Markets does not offer its services to residents of certain jurisdictions such as the USA, and British Columbia.
Some FidelisCM features and products mentioned within this FidelisCM review may not be available to traders from certain countries because of legal restrictions.
FidelisCM provides traders with the intuitive MT4 and MT5 trading platforms. The MT4 platform is developed to suit beginners and experienced traders alike, offering a user-friendly interface. It supports trade automation using expert advisors. MT5 is a comprehensive multi-asset platform that was developed to succeed the MT4. It has all the basic features of its predecessors with additional features and extended capabilities.
Both the MT4 and MT5 trading platforms are available as desktop applications for Windows and Mac computers, WebTrader that runs directly on most modern web browsers, and mobile trading apps that are designed for Android and iOS devices.
FidelisCM Trading Tools
Traders are provided with a range of trading tools, including a virtual private server (VPS), which can be used for all-round-the-clock trading; Trading Central; and an Economic Calendar.
There is a vast array of educational resources on the broker’s website, which are aimed at improving clients’ trading skills and knowledge. They include a trading blog that contains numerous trading guides and articles, as well as an FAQ section.
The broker offers the following financial markets: forex, precious metals, and CFDs.
FidelisCM Accounts & Fees
The following are the available trading account options at FidelisCM: Mini, Rookie, Prime, Elite, Unique, and Hero Accounts. They are all ECN/STP accounts and are denominated in USD. The minimum deposit requirements range from $10 on the Mini Account to $10,000 on the Unique Account, while leverage of up to 1:400 is available. Demo accounts that are preloaded with virtual funds are also available for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this FidelisCM review. It is imperative to ensure that you check and understand all of the latest information before you open a FidelisCM broker account for online trading.
The broker offers a customer support team that is polite and prompt in response. They can be reached via telephone, email, social media, call back form, or by visiting their physical office in Kingstown.
FidelisCM Deposit & Withdrawal
The following payment methods are available for deposit and withdrawal purposes:
- Bank wire transfers
- Credit/Debit cards
- Online payment processors
FidelisCM Account Opening
To open an account, click the ‘Open Live Account’ button, enter your full names, email, country of residence, and phone number.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
FidelisCM is an online trading broker that offers online trading of multiple financial markets via the MT4/MT5 trading platforms whilst offering some useful trading tools and educational resources. There are multiple account options that are designed to meet the trading objectives and capital of all kinds of traders.
Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note that even knowledgeable and well-experienced investors can experience large potential losses as a result of trading in Forex and CFDs. Consequently, investors should be fully aware of all the risks involved when trading Forex and CFDs and accept all the negative consequences associated with such trading. Please always remember that trading in Forex and CFDs might not be suitable for all investors. It is desirable investors who would consider trading, to do so only with money that they can afford to lose.