The company operates under the brand name Fidelis Wealth Management International, saying it is registered in Geneva and has its headquarters there. This information is confirmed only by the company’s location on the interactive map in the “Contacts” section of the website. In addition, the broker calls itself a “Swiss leader in trading” and says that it operates in accordance with Swiss law, “based on the security of FDW”. However, there is no confirmation of these facts, nor is there a license for the financial activity of the brokerage firm. As for the history of the project, the site owners tell about the founding of the company in 2012. Meanwhile, the domain name was registered only in August 2023. Finally, the broker reveals no information about the owners and managers of the platform.
Is it safe to cooperate with this service? How profitable is it to trade here? We will examine the legal documents and technical capabilities of the broker and make a conclusion about the reliability of the platform.
Fidelis Wealth Management provides users with an MT5 platform, which you need to download to your device before you start. The website offers the following trading instruments: stocks, ETFs, bonds, funds, derivatives, options, and futures. The broker positions its services as developed on the latest technologies and giving the client opportunities from the development of a trading strategy to its realization.
Tariff plans include 4 options, each of them has a minimum deposit and a certain set of services. Each subsequent level includes all the trading options available on the previous tariff. You can open the following account:
- CLASSIC, deposit from $5,000 – Monthly meetings with a personal analyst, Weekly financial research, and market reviews.
- SILVER, deposit from $25,000 – plus Smart Money Management Plan, Up to 3 protected RFT trades, Welcome Bonus up to 10%.
- GOLD, deposit from $50,000 – Direct line with your analyst, Daily financial research and market reviews, Stacking, Up to 10 protected RFT trades, Welcome Bonus up to 20%.
- VIP, balance size to be negotiated with account manager – Access to a team of expert analysts, High Priority Betting, Welcome Bonus up to 20%, HAN Trading, Long-term financial plan from a senior account analyst, Managed account.
Spreads on financial instruments are set by the company and can change at any time depending on market conditions. The transaction volume is not less than 0.01 lot. Leverage varies from 1:1 to 1:400, depending on the account type you choose. Fidelis Wealth Management traders have access to bonuses and the “RFT” (Risk-Free Trading) promotion if the broker approves their accounts. The offer is valid only for the first trade of one lot size or less and the risk-free trading period is limited to 15 days from the account activation date.
The price level is determined by the broker, it has the right to close the position at a Margin level of less than 50%.
The client’s first withdrawal will be processed within the first 30 days from the date of account opening. The minimum withdrawal amount is $50, credit card transactions are limited to $10,000, and no more than 10 transactions per card are possible. Approval time for withdrawal request and receipt of money on the card is on average 10 days.
The Fidelis Wealth Management website has a tracker from the TradingView platform with online analytics of asset values on world markets. The careers section contains job postings. Four job offers in Geneva, the capital of Switzerland were in this section at the time of our inspection. You can make complaints about the terminal operation only to the broker by phone or e-mail, it undertakes to consider your claims within 48 hours.