Fidelcrest is a proprietary trading firm founded in Nicosia, Cyprus. According to the company's official website, it was established in 2018. It offers services such as funding, training, and an evaluation process for investors.
Here is the evaluation process of Fidelcrest:
Trading Challenge: This is the first stage of the evaluation process. Investors select an account size and risk level, and must achieve a certain profit target within 60 days while adhering to the maximum loss and maximum daily loss rules.
Verification: This is the second stage of the evaluation process. Investors continue with the same account size and risk level, and must once again achieve the same profit target within 60 days while following the same loss rules.
Fidelcrest Trader: This is the third stage of the evaluation process, also known as the real account stage. Investors trade using funds provided by Fidelcrest, with no profit target limitations. As long as they do not breach the maximum loss and maximum daily loss limits, they can continue trading and receive compensation.