What Fidelcrest does

Fidelcrest is a Cyprus-domiciled (Fidelcrest Ltd, Nicosia) proprietary trading firm founded in 2018 that operates an evaluation-based model for retail traders worldwide, excluding the United States and Canada. Its core product is the Fidelcrest Trading Challenge, a three-phase funnel comprising a Trading Challenge, a Verification phase, and a funded 'Fidelcrest Trader' stage, available across Micro Trader ($10K–$100K) and Pro Trader ($150K–$1M+) account sizes with Normal and Aggressive risk strategies. The firm monetises through upfront challenge fees (ranging from €649 to €999+), ongoing profit splits on funded accounts (80% for Normal, 90% for Aggressive), and affiliate commissions of up to 15%. Trading activity is executed through integrations with multiple FX brokers supporting MT4, MT5, and cTrader, supplemented by Fidelcrest's proprietary Trading Terminal offering raw spreads from 0 pips with a $3-per-lot commission.

The technology stack centres on the Fidelcrest Trading Challenge platform, a Trader Area with proprietary account analytics and 24/7 automated monitoring, and the Fidelcrest Trading Terminal. The firm does not deploy its own trading capital; instead, upon successful completion of challenge and verification phases, traders are allocated capital up to $2M by a third-party proprietary firm, structuring Fidelcrest as a capital-light evaluation and trader-development intermediary rather than a balance-sheet-bearing prop shop.

Go-to-market is direct-to-consumer and product-led: traders self-serve through fidelcrest.com, select account size/strategy/broker/platform, and progress through evaluation phases. Customer acquisition is diversified across content/SEO, an affiliate program (via PostAffiliatePro) with up to 15% commissions and $5,000 bonuses, and community referrals. Fidelcrest reports a community of 5,000+ traders across 172 countries, supported by 24/5 customer support teams in Europe, the Americas, Asia, and Africa. Recognition includes Best Micro Forex in Europe and People's Choice Award at Forex Expo 2021, and Best Proprietary Trading Firm UK 2022. The company is privately held, founder-led, with no disclosed external funding.

Name

Fidelcrest

Legal name

Fidelcrest Ltd

Website

https://fidelcrest.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Fidelcrest is a Cyprus-based proprietary trading firm operating the Fidelcrest Trading Challenge, a three-phase evaluation funnel that lets skilled retail traders worldwide access funded accounts of up to $2M with 80–90% profit splits.

Ownership category

akta.pro rank

Headquarters

HQ city

Nicosia

HQ country

Cyprus

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Trading Challenge Fees: One-time evaluation fee charged when traders purchase a trading challenge. Fee varies by account size and strategy (Normal vs Aggressive). Starting from €999 for $250K Pro Trader accounts.
2. Profit Split Commissions: Ongoing commission from funded trader accounts. Traders receive 80-90% of profits depending on strategy type (Normal=80%, Aggressive=90%). Challenge fee refunded with first payout.
3. Affiliate Commissions: Revenue sharing with affiliates who refer new traders. Commission rate up to 15% plus bonuses up to $5,000 for reaching higher levels.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Fidelcrest operates a proprietary trader evaluation program called the Fidelcrest Trading Challenge. Traders purchase a one-time challenge (priced by account size and risk strategy), pass a multi-phase evaluation, and gain access to funded accounts at a third-party prop firm with balances up to $2 million and profit splits of 80–90%. The service is delivered through a proprietary trading terminal, broker integrations, and 24/7 automated account monitoring.

Product overview

Fidelcrest operates as a proprietary trading firm offering a unified evaluation platform called the Fidelcrest Trading Challenge, which consists of three sequential phases: Trading Challenge, Verification, and Fidelcrest Trader. The company provides two account program tiers—Micro Trader (entry-level, $10K-$100K) and Pro Trader (professional, $150K-$500K+)—each available in Normal and Aggressive risk strategies. Traders progress through challenges to earn access to funded accounts managing up to $2M with profit splits reaching 90%. The ecosystem includes a Fidelcrest Trading Terminal (proprietary platform), Free Trial option, bonus programs (Double Your Capital, Second Chance For Free, Fast Track), and an Affiliate Program. The company connects traders with partner FX brokers offering MT4/MT5/cTrader platforms and supports payment processing via Visa, Mastercard, Skrill, and Neteller.

Differentiator

Problem solved

Functional benefit

Brands

• Fidelcrest Trading Challenge: Evaluation course for traders to prove skills and reach profit targets to access funded accounts
• Fidelcrest Trader
• Pro Trader Program
• Micro Trader Program
• Fidelcrest Trading Terminal

Products and services

• Fidelcrest Trading Challenge Three-phase evaluation program (Trading Challenge, Verification, and Fidelcrest Trader) where traders prove consistent profitability and risk discipline to earn access to funded trading accounts up to $2 million with profit splits of 80–90%.
• Micro Trader Program

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature3 records

Partnerships

Four partnerships are on record, tiered minor, core and supporting.

• Forex Expo (Alpari, Tickmill, Pepperstone, DeltaFX, WikiFX, CySec)minorOthers · 25 November 2021Industry relationships established at Forex Expo 2021 in Limassol, Cyprus. Fidelcrest team members met with various Forex companies and supporting service providers.
• Top FX Brokers (MT4/MT5/cTrader)coreTechnology or IntegrationPartnership with multiple top FX brokers offering access to 1000+ trading instruments including Forex, Stocks, Commodities, Indices, Cryptocurrencies, Energies, Metals and Bonds. Traders can choose their preferred broker, platform, and spread type (Standard or Raw).
• Third-Party Proprietary Trading FirmcoreStrategic or Co-development PartnerUpon successful completion of Trading Challenge and Verification, traders are recommended to a 3rd party proprietary firm to manage their trader account with balances up to $2 Million USD. The Fidelcrest Trader Program is provided by this third-party company.
• PostAffiliateProsupportingTechnology or IntegrationAffiliate management platform used for tracking referrals, monitoring affiliate performance, managing commissions, and providing affiliates with detailed reporting on client applications and profitability.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• MetaTrader (MetaQuotes): MetaTrader 4 and MetaTrader 5 are the dominant retail FX/CFD trading platforms, used by Fidelcrest via partner brokers and by most of its direct peers. They are upstream infrastructure rather than direct competitors, but shape the entire prop-evaluation customer experience.

Direct peers

• Funded Trading Plus: Funded Trading Plus is a UK-based prop trading evaluation firm offering one-step and two-step challenges with funded CFD accounts. Highly comparable to Fidelcrest in product structure, fee model, and customer target.
• The Trading Pit: The Trading Pit is a Swiss-based prop evaluation and funded-trader program offering CFD/futures challenges with profit splits. Competes with Fidelcrest for the same retail trader audience seeking funded capital.
• FTMO: FTMO is the largest proprietary trading evaluation firm globally, offering very similar challenge/verification/funded-account programs targeting retail traders. It is the most direct competitor to Fidelcrest in product, customer segment, and revenue model.
• MyFundedFX: MyFundedFX is a prop evaluation firm offering FX-focused funded accounts via challenge programs, competing head-to-head with Fidelcrest in the retail FX trader segment.
• The Funded Trader: The Funded Trader is a prop-firm evaluation platform offering one-step and two-step challenges with funded accounts and profit splits for retail traders. Directly comparable to Fidelcrest in target customer (skilled retail traders) and evaluation business model.
• Earn2Trade: Earn2Trade runs the Gauntlet and Guardian evaluations for futures prop trading, with traders paying to enter and earning funded accounts upon passing. Comparable evaluation-to-funded-account funnel targeting similar skilled retail traders.
• True Forex Funds: True Forex Funds operated an FX prop evaluation program with similar challenge-fee and profit-split mechanics to Fidelcrest, targeting the same retail FX trader customer base.
• Surge Trading: Surge Trading is a prop evaluation firm offering funded trading accounts through a challenge-based model, directly comparable to Fidelcrest's evaluation and funded-account structure.
• TopStep: TopStep runs a prop-trading evaluation model focused on futures markets, with traders paying for a trading combine to access funded accounts. Comparable challenge-fee-to-funded-account funnel structure to Fidelcrest, though concentrated in futures rather than FX/CFDs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/fidelcrest

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fidelcrest