Find out the major disadvantages of FidelCrest Proprietary Trading Firms and alternatives with lower fees and more security. Unbiased FidelCrest Alternatives reviews.
So which Proprietary Trading Firms are better than FidelCrest? Want to jump straight to the answer? FunderPro is the best alternative prop firm to FidelCrest for April 2024 .

Rating breakdown

Challenge Assessment
70%
3.5/5
Support
60%
3.0/5
Trading Fees
30%
1.5/5
Payout Scheme
60%
3.0/5

Things we didn't like:

 Unregulated (as not a broker)
 30-day trading period
 Oppressive trading rules
 No telephone customer support

Why would you want an alternative to FIDELCREST?

Be warned that while FidelCrest dangles an enticing carrot in front of traders' noses (up to 2 million USD funded account with up to 90% profits taken home!) this comes at a literal cost. The Pro Trader Normal Account, with starting capital of $150,000 come with a fee of €649. To trade with $1 million starting capital (virtual money) will set you back €2,899 (your real money). The Pro Trader Aggressive is more expensive still, with an initial fee of €999 for the smallest account size.

Traders should also read the small print of the trading rules and requirements. FidelCrest can change the challenge fees and requirements at any time, and traders will have their accounts suspended without the option of a refund if they are not activated within 30 calendar days. Traders have complained about being forced to trade specific lot sizes and being told they had failed the challenge even after meeting the profit target of 10%. Others pointed out the delays in accessing stage 2 or being of being outright ignored after passing the first part of the challenge.

So, it would appear that “all that glisters is not gold.” FidelCrest certainly has the stars to its name and brand recognition. However, when you ask around the traders with a real-hand experience of taking the FidelCrest Trading Challenge it would appear It has some trust holes to fill. While FidelCrest is the chosen and preferred prop firm of many a user, there are many disgruntled traders out there waiting to be rightfully brought onto stage 2, or complaining they were unfairly dismissed on restrictive lot sizes. While the rewards are great, traders should be cautioned to ensure they are ready to stand the risk of not getting their entry fees back.

What to look for in a FIDELCREST Alternative?

With the above in mind, here is what we would suggest as an alternative to FidelCrest: a propriety trading firm which fills in the gaps above. Ideally you want to keep the good and add the missing features.

Best FIDELCREST alternatives – Proprietary Trading Firms like (or better than) FIDELCREST

Rating breakdown

Challenge Assessment
90%
4.5/5
Support
100%
5.0/5
Trading Fees
100%
5.0/5
Payout Scheme
90%
4.5/5

Things we liked:

 Exclusive Discount Code (20% Off Exclusive Offer)
 Minimal rules & unlimited time for completion
 Two-part assessment leading to $200,000 in funding
 Scaling plan & fast-track funding opt

Things we didn't like:

 A Relatively New player in the funded account offering

#1
FunderPro Overview

Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.

4.1 / 5

Rating breakdown

Challenge Assessment
90%
4.5/5
Support
70%
3.5/5
Trading Fees
70%
3.5/5
Payout Scheme
100%
5.0/5

Things we liked:

 FTMO charges a one-time fee only
 FTMO has generous conditions for its traders

Things we didn't like:

 Complaints about the platform freezing
 Complaints about lack of customer support

#2
FTMO Overview

FTMO is the latest in a burgeoning series of scouting programs. Propriety trading firms or “prop firms” put traders to the test (for a fee) through evaluations and challenges. The lucky few who pass are then funded with capital, and successful trades are split down a percentage with the broker. As scouting firms go, FTMO is an excellent all-rounder. Alongside a decent 80% payout for successful traders, FTMO equips users with webinars, workshops, and coaching.

3.9 / 5

Rating breakdown

Challenge Assessment
70%
3.5/5
Support
70%
3.5/5
Trading Fees
90%
4.5/5
Payout Scheme
80%
4.0/5

Things we liked:

 Let you trade with leverage of up to 1:30

Things we didn't like:

 5%ers Challenge fee is on the higher end of the spectrum
 There are other holes in the 5%er offer

#3
the5ers Overview

The 5%ers is a prop trading firm founded by Gil Ben Hur and Snir Chiel. Both former forex day traders, Gil and Snier, experienced first-hand the frustrations that lack of capital bring to experienced traders ready to play the markets. Hence, the 5%ers Funding Program was born: a platform to reward worthy traders with significant capital, with profits shared in a win-win outcome.

FidelCrest Alternatives Frequently Asked Questions (FAQs):

Are there any sites like FidelCrest?
Yes, there are many sites offering similar services to FidelCrest. These include FunderPro, FundedNext, City Traders Imperium and many more. If you are looking for an alternative to FidelCrest,  FunderPro is currently rank as the number one on the list of top Forex Prop Firms.
Who are FidelCrest Top Competitors?
FidelCrest 's top competitors in April 2024 are: FunderPro, FTMO, the5ers and more. FunderPro is currently rank as the number one on the list of top Forex Prop Firms.

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