February 26, 2024

Fidelity CFD Reviews Is fidelitycfd.com Broker a Scam? Or Not?

Heard of Fidelitycfd.com trading platform? Really want to find more details before choosing this broker? You can read Fidelity CFD reviews to know about this forex broker whether to use or not.

This post promises to share helpful review to support clients/traders in making the right decision. Kindly read to the end and make your verdict.

Fidelity CFD Reviews

About Fidelity CFD

Fidelity CFD otherwise known as Fidelitycfd.com is an offshore brokerage with a lot of promises for forex traders. The forex company claims to offer crypto investment services to their clients. 

Additionally, the brokerage promises different instruments like forex, stocks, commodities, crypto, bonds and indices.

Fidelity CFD Regulation

To begin with, Fidelity CFD claims registrations in various locations such as Hong Kong and the United Kingdom. However, our findings reveal that the company operates without oversight from the regulatory authorities in both of these regions.

It claims of being a UK based broker is false and lacks a valid forex license issued by the Financial Conduct Authority (FCA). So, to clear the suspicion, the company is not an authorized entity according to the Financial Conduct Authority (FCA), the regulatory body in the United Kingdom.

It is always advisable you check for regulated and licensed broker on financial authorities websites before depositing fund for trading.

Won’t you rather trade with a licensed and legit broker? Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK, ASIC in Australia, NBRB in Belarus, CySEC in Cyprus as well as IIROC in Canada which makes client funds safe. They accept traders worldwide…visit their official website

Fidelity CFD Minimum Deposit

We were unable to find information about Fidelity CFD account types and minimum deposit requirements. In contrast, licensed FX brokers clearly spell out their regulations and license credibility with no string of fraud, and clients can start trading as low as $100 with the assurance of their trading funds.

Also, Fidelity CFD accepts payments through two popular methods: PayPal and Credit/Debit cards.

Just so you know, offshore brokers are commonly known for accepting crypto currencies. For this purpose, payments made through this method are anonymous and can only be traced to a wallet address and not to a specific person. So beware!

Fidelity CFD Withdrawal

In this section, there is no mention of whether traders are subject to any withdrawal-related charges on the Fidelity CFD website.

Fidelity CFD Platform

Fidelity CFD offers access to a fairly basic web-based trading platform. The broker’s web trader comes with some basic tools and custom indicators but nothing more advanced.

Why use forex brokers with advanced trader like MT4/MT5? You are certain to have the best features of real-time quotes, financial news and various FX and stock charts, as well as algorithmic trading sessions with the help of specially designed trading bots, called Expert Advisors.

Frankly, we say don’t consider doing that with an unregulated forex broker like this one because you stand the chance of losing your money.

Fidelity CFD Licensing and Regulation

Like in any corporation, integrity is a key to uphold these days. It doesn’t matter if you make a lot of money but you can’t take it out. That is to say, exactly what is happening with non-licensed companies.

Having said that, it is not far from believing that Fidelitycfd.com is not a licensed brokerage firm. It is not under any financial regulation which means wiring your money for trading is risky. Its unlicensed and unregulated activities are truly a red flag and must be avoided.

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website

Conclusion:

Fidelity CFD appears like a trustworthy trading broker, however, you should not take the words they say and the attractive website layout. By all appearances, we would advise traders to steer clear from unlicensed brokers as they likely a platform run by scammers. Thus, we urge our readers to rely on regulated brokers like this or any licensed entity.

Please share with us your experience in the comment section below. Thank you!

Heard of Mft-trade, Actionmarkets , Betail-capital, Forextimeprime brokers? Read Details

One thought on “Fidelity CFD Reviews Is fidelitycfd.com Broker a Scam? Or Not?

  1. Hi my name is Elizabeth, I was scammed by a Binary online website in march. I lost about $450,000 to them and they denied all my withdrawal request, and gave me all sort of filty request. It was a really hard time for me because that was all I
    had and they tricked me into investing the money with a guarantee that I
    will make profit from the investment. They took all my money and I did
    not hear from them anymore. I was able to recover all the money I lost just last month with the help of Mr Wilfred Scott. I paid 10% of the recovered funds as his service charge after I got all my money back. I am really grateful to him because I know a lot of people here have been scammed and need help. Contact him using the email above which is [email protected]

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!