Technical Updates2020-09-24T18:51:41+00:00

TECHNICAL UPDATES

1805, 2021

How Prop Firms Provide Funding For Traders

May 18th, 2021|

How Prop Firms Provide Funding For Traders

Prop Firms, like Fidelcrest, provide funding for traders and let them manage the firms capital while giving the majority of Profit Share to the Trader based on performance.

Let’s be completely honest! The overwhelming majority of traders lack the capital needed in order to trade full-time.

It’s the same story over and over again. You work hard and spend countless months (even years) perfecting your trading on demo accounts. Most even take the leap to try and “get lucky” by throwing a couple hundred bucks into a real account. But the stress from taking a $100 account and turning that into $2,000 per month income can take a toll.

Imagine taking that same “couple hundred bucks”, and instead of trying to scale that little capital to thousands…you leverage our firms capital.

It’s a lot easier making $2,000 per month from a $10K funded trading account than it is scaling a $100 account and making that same $2,000 per month.

MicroFX Funded Trading Account | funding for traders

The MicroFX Funded Trading Account is the perfect option for traders on a budget who want to leverage larger account sizes to start growing quickly and make profits that actually make a difference in their lives.

The account sizes available are: $5K, $10K, and $20K

Get full details for the MicroFX funded trading account.

ProFX Funded Trading Account

The ProFX funded trading account is geared towards professional level traders who want to leverage account sizes ranging from $50K to $400K with up to 80% profit splits.

All information about Fidelcrest and funding for traders can be found by looking over the information provided on our website. Fidelcrest offers MicroFX Trading Accounts and ProFX Trading Accounts. 

If you need answers to some of the most Frequently Asked Questions, visit our Knowledge Base.

1105, 2021

Prop Firm Trading

May 11th, 2021|

What is a Prop Firm?

A Prop Firm is a company or organization that provides funding for traders by letting them access pools of Capital. These pools of Capital can come from various sources including investors, company funds, trader funds, and more.

How does the funding for traders process work with a Prop Firm?

All Prop Firms have their own ways of providing funding for traders. The majority of Prop Firms tend to have a Challenge Phase where Traders must prove their Trading Skills by having to meet certain requirements. The main reason for these types of “testing phases” is to make sure the company and investor funds are safe in the hands of Traders. Once you are able to prove your trading abilities, Traders get access to real funded accounts where they receive profit splits based on performance.

Fidelcrest provides access to Investor Capital to traders who pass their Challenge. Once Traders pass the Challenge, they move on to a funded verification stage where they can start earning profit splits. After the trader has successfully passed the Verification Stage, they move on to the fully funded professional accounts where they can earn Profit Splits up to $400K.

Where can I get more information on Fidelcrest and objectives for funding?

All information about Fidelcrest and funding process can be found by looking over the information provided on our website. Fidelcrest offers MicroFX Trading Accounts and ProFX Trading Accounts. 

If you need answers to some of the most Frequently Asked Questions, visit our Knowledge Base.

 

 

2604, 2021

Dashboard Maintenance & Upgrades

April 26th, 2021|

Dear Trader,

Fidelcrest will be updating the design and adding features to the Trader Dashboard over the next couple of days.

During these updates, some features and functions may temporarily be unavailable. Rest assured, you will still have full access to trading data including Account Metrix.

We appreciate your patience during this time.

Should you have any questions or need help, you can always reach out to our Support Team using the Chat Box on our website or email: Support@Fidelcrest.com

Regards

Fidelcrest

Preview of upcoming updates…

2409, 2020

News event trading violations now automatically monitored

September 24th, 2020|

TECHNICAL IMPROVEMENTS:

  • Red news trading monitoring is now automated.
  • Violations added to monitoring report
  • Failure message will include which trades were violations and related to which news. Same info is in the monitoring report.
  • 24 news event trading violation found among active challenge accounts and 4 among funded accounts

Example of updated monitoring report with news event trading violations: OPEN

109, 2020

Mastercard/Visa payment limits increased

September 1st, 2020|

Mastercard/Visa has increased Fidelcrest’s single payment limits due to payment processing problems with increased USD 400,000 evaluation fee. This account size is again available after 2 weeks pause.

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