About Fidelis Capital Markets
Fidelis Capital Markets is a company engaged in brokerage activities in the forex market. It operates on the STP and NDD models.
What are STP and NDD?
STP (Straight Through Processing) is a mechanism for automatically routing orders to the interbank market, where the broker does not intervene in the transaction process, and the client trades on their own behalf. NDD (No Dealing Desk) refers to “trading without broker involvement,” where all operations are conducted without intermediaries.
Advantages of NDD
- Fast order execution in less than 1 second.
- Low spreads.
- Instant fund deposits and withdrawals.
When choosing a broker, it is important to consider not only the technologies claimed but also verify their authenticity. Fidelis Capital Markets recommends familiarizing yourself with the company’s operations details before deciding to collaborate.
Information about Fidelis Capital Markets
Establishment Date. Fidelis Capital Markets Limited was registered in 2017. The website fideliscm.com has been in existence for 8 years, but this does not necessarily mean it has always belonged to this company.
Location. According to official information, the Fidelis Capital Markets office is located in St. Vincent and the Grenadines, but in reality, based on the website data, it is in Vanuatu at Law Partners House, Kumul Highway, Port Vila, Vanuatu.
Contact Information. You can contact the broker at the following phone numbers: +65 31635717 (Vanuatu), +65 31635717 (Singapore), and +60 392121910 (Malaysia). Support email is also available at [email protected].
Regulation. Fidelis Capital Markets Limited claims to be registered with the FSA, but screenshots of the corresponding licenses are not provided on the website.
Awards. The broker claims to have received several awards during its operation. These include the title of “Fastest Growing Forex Broker” from CIOT Expo in 2013 and the award for “Best ECN/STP Broker” from AtoZ Forex in 2016.
Trading Conditions
Fidelis Capital Markets offers starting trading on a demo account with a virtual representation of $10,000. When transitioning to real trading on MetaTrader 4, clients are offered three types of accounts:
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Rookie
An account for novice traders and testing the broker’s conditions.
Minimum deposit – $50, spreads from 1.5 pips, maximum leverage 1:400, minimum position size 0.01 lots.
No commission for currency and gold trades, but $7.5 for silver and CFD trades.
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Prime
An account for experienced traders with a minimum deposit of $100.
Conditions include spreads from 0.0 pips, leverage 1:400, and minimum position size 0.01 lots.
Commission for currency trades is $3, and for metals and CFDs is $4.5.
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Unique
Considered to have the best market conditions.
Minimum deposit starting from $10,000, spreads from 0.0 pips, leverage 1:200, minimum position size 0.01 lots.
Commission for currency, metals, and CFD trades is $1.25.
Additional Services of Fidelis Capital Markets
In addition to trading, the company offers the opportunity to invest in PAMM accounts with a minimum deposit of $1,000 for available strategies. A social trading system is also available, allowing the copying of successful traders’ trades.
Reviews and Recommendations
When deciding to collaborate with Fidelis Capital Markets, it is recommended to pay attention to reviews from other users and analyze the available information about the company before finalizing any transactions.