Fidelis Capital Markets
About Fidelis Capital Markets
Fidelis Capital Markets is a renowned brokerage firm that specializes in forex market activities. The company operates using the STP and NDD models.
Understanding STP and NDD
STP (Straight Through Processing) is an automated order routing system that directs orders to the interbank market without broker interference, allowing clients to trade independently. NDD (No Dealing Desk) signifies trading without broker intervention, ensuring direct transactions without intermediaries.
Benefits of NDD
- Swift order execution in under 1 second.
- Competitive spreads.
- Instant fund deposits and withdrawals.
When selecting a broker, it is crucial to not only consider the technologies offered but also validate their legitimacy. Fidelis Capital Markets recommends reviewing the company’s operational specifics before initiating any collaboration.
Insights on Fidelis Capital Markets
Establishment Date. Fidelis Capital Markets Limited was formally established in 2017. The website fideliscm.com has been operational for 8 years; however, ownership history remains undisclosed.
Location. Officially, Fidelis Capital Markets is based in St. Vincent and the Grenadines, yet website data suggests a physical presence in Vanuatu at Law Partners House, Kumul Highway, Port Vila, Vanuatu.
Contact Information. The broker can be reached via the following phone numbers: +65 31635717 (Vanuatu), +65 31635717 (Singapore), and +60 392121910 (Malaysia). For support, reach out via email at support@fideliscm.com.
Regulation. Fidelis Capital Markets Limited asserts registration with the FSA, although no evidence in the form of licenses is provided on the official website.
Awards. The broker boasts accolades received over the years, including the title of “Fastest Growing Forex Broker” at the CIOT Expo in 2013 and the prestigious “Best ECN/STP Broker” award from AtoZ Forex in 2016.
Trading Offerings
Fidelis Capital Markets offers a demo account with a virtual balance of $10,000 for initial trading experience. Transitioning to live trading on MetaTrader 4, clients can choose from three account types:
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Rookie
An entry-level account suitable for novice traders and assessing broker conditions.
Minimum deposit – $50, spreads starting from 1.5 pips, maximum leverage of 1:400, and minimum position size of 0.01 lots.
No commission for currency and gold trades; however, a $7.5 fee applies to silver and CFD trades.
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Prime
An account tailored for experienced traders with a minimum deposit requirement of $100.
Offering spreads from 0.0 pips, leverage up to 1:400, and minimum position size of 0.01 lots.
Commission charges are $3 for currency trades and $4.5 for metals and CFDs.
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Unique
Recognized for providing top-tier market conditions.
Minimum deposit starting from $10,000, spreads beginning at 0.0 pips, leverage capped at 1:200, and minimum position size of 0.01 lots.
Commission rate for currency, metals, and CFD trades is $1.25.
Additional Services by Fidelis Capital Markets
Besides trading services, the company extends opportunities to invest in PAMM accounts with a minimum deposit requirement of $1,000 for available strategies. Additionally, a social trading system allows clients to replicate trades of successful traders.
Customer Reviews and Recommendations
Prior to engaging with Fidelis Capital Markets, it is advisable to review user feedback and thoroughly analyze available information about the company to ensure informed decision-making before engaging in any transactions.
This review has been prepared by the specialists at ExpertsReview.