FIEDLER CAPITAL is a forex and contract for difference (CFD) broker that was established in Australia on January 21, 2014. The company primarily offers trading services for forex, stocks, precious metals, and stock CFDs. The company is headquartered in Adelaide, Australia. FIEDLER CAPITAL provides four types of trading accounts for users, with a minimum deposit requirement of $200. The official website of FIEDLER CAPITAL is https://fiedlercapital.ltd/, and according to Whois information, the company's website domain was registered on May 6, 2023.
Regulatory Information:
The official website indicates that FIEDLER CAPITAL's registered entity is FIEDLER CAPITAL LIMITED, with a registered address in Adelaide, SA 5000, Australia, and an enterprise registration number of 167 643 165. The specific office address is Lower Mitcham, South Australia, Australia. The broker claims to have obtained a financial license from the Australian Securities and Investments Commission (ASIC) with license number 1941231.
However, based on a search of its official website information, ASIC's website does not display the financial license number 1941231, suggesting that the financial license claimed by FIEDLER CAPITAL may have been artificially generated, and the company may not be regulated by ASIC.
Market Instruments:
FIEDLER CAPITAL provides access to the forex market, which is one of the largest and most liquid financial markets globally. Forex trading involves the buying and selling of different countries' currencies, and traders speculate on currency price fluctuations.
The broker also allows investors to participate in the stock market by buying and selling company stocks. Additionally, FIEDLER CAPITAL offers trading in precious metals, such as gold, silver, platinum, and palladium, which are often considered as assets for value preservation and investment purposes. Lastly, investors can engage in CFD trading for various company stocks without owning the actual stocks, enabling them to trade based on stock price fluctuations.
Account Types:
FIEDLER CAPITAL offers four different levels of trading accounts: STARTER PLAN, PREMIUM PLAN, STANDARD PLAN, and COMPOUND PLAN. The STARTER PLAN account has a minimum deposit requirement of $200, while the other three accounts require deposits in the tens of thousands of dollars. Compared to typical brokers, these deposit amounts appear unusually high, and there seems to be little difference in services between the different account levels.
Trading Platform:
FIEDLER CAPITAL provides trading through its official website and does not offer alternative trading platforms. This type of trading platform may be susceptible to data manipulation and malicious slippage.
Customer Support:
The broker only offers communication through email, which may result in communication delays and an inability to respond quickly.
In Summary：
FIEDLER CAPITAL is a broker registered with ASIC but does not seem to hold a valid financial license from ASIC, suggesting that its services are not regulated by any authoritative institution. Additionally, the broker's trading account requirements appear abnormally high. The company's website domain was registered on May 6, 2023, which is less than four months ago, while the company claims to have been established in 2014, which raises questions about its credibility.
Traderknows advises caution and recommends staying away from this platform, as well as withdrawing funds promptly to avoid falling into a potential scam. Currently, this enterprise is marked as "operating illegally" on Traderknows.
