Reviews on Top Prop Firms

We rely on our personal experiences and gather insights from online research

Fidelcrest, founded in 2018 by a team of Forex traders and professionals based in Nicosia, Cyprus, stands out for its unique feature: unlimited free retries in step 1 of your challenge.

Manage up to $2M from the start – No scaling plan required!
Receive 80% of profits (90% on Aggressive Mode).
One time fee, no recurrent charges. Refundable with your first payout.
2 step evaluation. Unlimited free retries in step 1 (if you have positive balance and no drawdown violation).
News trading allowed. Hold positions overnight and weekends. EAs under authorization.
Withdrawals via bank transfer, PayPal, Skrill or Neteller.
Up to 1:100 Leverage (1:200 with add-on). +175 assets available to trade.

Fidelcrest has carved out a prominent place in the world of proprietary trading, offering a set of standout features that solidify its position among the top players in the industry. It bears noteworthy similarities to industry leaders like My Forex Funds and FTMO, making it a compelling choice for traders seeking growth and success.

Rigorous Evaluation Process: Fidelcrest places a strong emphasis on a comprehensive evaluation process. Prospective traders are encouraged to diligently review and adhere to the rules and objectives of both evaluation phases. This commitment to due diligence not only increases the chances of success but also ensures that funded traders can thrive with confidence.
Innovation and Growth Potential: In the ever-evolving world of proprietary trading, Fidelcrest stands as a beacon of innovation, offering trader-friendly terms and significant growth potential. Their platform is designed to empower traders to reach new heights in their trading journey.

Profit Target:
– Phase 1: 10%
– Phase 2: 5%
– Funded accounts: No profit targets
Maximum Daily Loss: All account sizes: 5%
Maximum Loss: All account sizes: 10%
Maximum Trading Days: Phase 1 and Phase 2: 60 calendar days
Stop-loss Required: Mandatory for every position & Mandatory if trading during news
No Martingale Allowed: Traders prohibited from using martingale strategies
Risk Desk Team: Evaluates if a trader’s strategy aligns with the firm’s criteria. Ineligible strategies result in a refund on the evaluation account
Third-party Copy Trading Risk: Caution for traders intending to use copy trading services. Risk of denial for funded account/withdrawal if exceeding maximum capital allocation rule

Profit Target:
– Phase 1: 15%
– Phase 2: 15%
– Funded accounts: No profit targets
Maximum Daily Loss: All account sizes: 10%
Maximum Loss: All account sizes: 20%
Maximum Trading Days: Phase 1 and Phase 2: 60 calendar days
Stop-loss Required: Mandatory for every position & Mandatory if trading during news
No Martingale Allowed: Traders prohibited from using martingale strategies
Risk Desk Team: Evaluates if a trader’s strategy aligns with the firm’s criteria. Ineligible strategies result in a refund on the evaluation account
Third-party Copy Trading Risk: Caution for traders intending to use copy trading services. Risk of denial for funded account/withdrawal if exceeding maximum capital allocation rule

Fidelcrest’s unique combination of innovation, trader-friendly terms, and growth potential positions it as one of the top five proprietary trading firms in the industry. Their commitment to excellence and transparent trading rules sets them apart.

Fidelcrest is a reputable proprietary trading firm, offering traders a choice between two funding programs: Micro Trader and Pro Trader.

Micro Trader Evaluation Programs:
– Follows a standard two-phase evaluation challenge.
– Traders choose between normal and aggressive risk account types.
– Normal risk accounts target 10% profit in phase one and 5% in phase two.
– Adheres to average maximum loss rules: 5% maximum daily loss and a maximum loss of 10%.
– Aggressive risk accounts aim for 15% profit in both stages.
– Adheres to more robust maximum loss rules: 10% maximum daily loss and a maximum loss of 20%.
– Offers profit splits ranging from 80% to 90% based on the chosen risk type.

Pro Trader Evaluation Programs:
– Another two-phase evaluation challenge with options for normal and aggressive risk accounts.
– Normal risk accounts have profit targets of 10% in both stages.
– Maintains average maximum loss rules: 5% maximum daily loss and a maximum loss of 10%.
– Aggressive risk accounts target 20% profit in both stages.
– Adheres to higher maximum loss rules: 10% maximum daily loss and a maximum loss of 20%.
– Provides profit splits ranging from 80% to 90% based on the selected risk type.

Fidelcrest is recommended for those seeking a prop firm with clear trading rules and a focus on consistent trading strategies. The firm’s well-established reputation and favorable conditions make it a noteworthy choice in the proprietary trading industry.

Competitive broker fees for order execution.
Multiple account risk levels to choose from.
Access to substantial financing, up to $2 million.
One-time subscription fee instead of monthly charges.
Diverse range of CFDs and currency pairs for trading.
Leverage options available.
Attractive bonuses including an accelerated plan, an additional free account, and capital doubling opportunities.