Beware! FidelityCfd is an offshore broker! Your investment may be at risk.


Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.


The only and most important thing you need to know about FidelityCfd  is that this website is a new reincarnation of a familiar scam scheme. In this review, we will present the evidence that this is not the regulated forex broker it claims to be. We will also direct you to trustworthy brokers through whom you can invest in the financial markets without fear of being scammed.

FidelityCfd Regulation and safety of funds

Guaranteed FundsSegregated AccountsNegative balance protection
UK regulated brokers£85 000YesYes
EU regulated brokers€20 000YesYes
AU regulated brokersNoYesYes
US regulted brokersYesYesNo

Legitimate forex brokers provide clear and detailed information about the legal entity that owns and operates them, where it is based, what licences it has and which regulators oversee its activities. Lack of such details or improper presentation of them are always a red flag that we are probably dealing with a scam.

The legal information on the FidelityCfd website is contradictory and does not stand up to scrutiny.

Top Markets Ltd is listed as the owner of the website. The same company is also behind another fake broker we have reviewed – FuslonFx. The two websites are almost identical.


On the homepage of the website we first see a statement that this broker is regulated in the European Union.

But the footer of the website claims that the FidelityCfd is based in Hong Kong.

However, the contact address is in the United Kingdom.

The UK’s Financial Conduct Authority (FCA) specifically warns that FidelityCfd is not authorised. We do not find such a broker on the Hong Kong Securities and Exchange Commission register either.

After registering an account we gain access to legal documentation which does not name a legal entity. There, the applicable jurisdiction is listed as Saint Vincent and the Grenadines (SVG). This is an offshore zone whose financial authorities do not regulate forex brokers.

Whoever is behind the FidelityCfd, we can be sure of two things – that they have no legal authorization and that they are trying to deceive us.

You should only trust legitimate brokers operating in one of the established financial centres like the UK, EU, USA or Australia. There, the activities of brokers are controlled by powerful regulatory bodies such as UK’s Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Commodity Futures Trading Commission (CFTC) in US or Australian Securities and Exchanges Commission (ASIC). Clients of these brokers receive protections such as negative balance protection and segregation of the client’s funds from the broker’s funds.

In the EU and the UK, brokers must also participate in guarantee schemes that cover a certain amount of the trader’s investment if the broker becomes insolvent. These guarantees amount to up to 20 000 EUR in the EU and 85 000 GBP in the UK. However, the likelihood of such a bankruptcy is low because regulators also have significant net capital requirements that companies must maintain – EUR 730 000 in UK and Cyprus, AUD 1000 000 in Australia and at least 20 million USD in the United States.

FidelityCfd Trading software

Analytical toolsAuto tradingCustom indicatorsMobile apps
FidelityCfd platform
MT430+ indicatorsAndroid and iOS
MT550+ indicatorsAndroid and iOS
cTrader40+ indicatorsAndroid and iOS

After registering an account we were not given access to any trading software. The identical website mentioned above uses a web-based trading platform, which is typical for this type of fake brokers.

It should be noted that the presence of some kind of trading software is no guarantee that this is a genuine broker. Financial scammers often use rigged trading platforms to fool their victims that their money is actually being invested. However, this trading is entirely fictitious and the money goes directly into the scammers’ pockets.

If you use the services of a licensed broker, you will get the opportunity to use established software with advanced features and versions for all types of devices and operating systems. The most widely used trading platforms in the industry are MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

These platforms have established themselves as industry standard because they offer a wide range of features, including a variety of options for customization, multiple account usage, designing and implementing custom scripts for automated trading and backtesting trade strategies.

FidelityCfd Trading instruments


FidelityCfd advertises trading in stocks, forex, CFDs, futures, commodities and cryptocurrencies. But we have no reason to believe that the trade offered by this fishy website is real.

FidelityCfd Spreads and cost of trading

Spread EURUSD1.711.1
Spread GBPUSD1.31.21.4
Spread USDJPY1.31.21.4

FidelityCfd does not provide any information on the price paid by the trader. The webcast does not contain any specific information regarding the trading parameters.

When you visit the website of a legitimate broker you will find proposals for different types of trading accounts suitable for investors with different preferences, as well as detailed descriptions of trading parameters – minimum deposit, order execution method, tradable financial instruments, leverage, spread, swap, commissions, etc.

FidelityCfd Maximum leverage

UK regulated brokers30:15:110:110:1
EU regulated brokers30:15:12:110:110:1
AU regulated brokers30:15:12:110:110:1
US regulated brokers50:1

High leverage creates the opportunity for more significant profit, but correspondingly increases the risk of sudden and excessive losses. All leading regulators therefore restrict leverage for retail traders.

Higher levels of leverage are only offered to professional clients who trade entirely at their own risk.

FidelityCfd claims that it offers bonuses, which is another proof that we are dealing with fraud – regulated brokers are forbidden to offer bonuses and promotions.

If you are willing to take the risk of trading with high leverage and benefit from bonuses and promotions, the best option is to invest through an offshore division of an established brand.

FidelityCfd Deposit and withdrawal methods

FidelityCfd’s deposit menu links to another suspicious website,, which claims to sell financial literacy courses. Irony aside, the lack of a functioning deposit menu is further proof that FidelityCfd is not a licensed broker.

Legitimate brokers typically offer clients a wide choice of transparent payment methods, including bank transfer, credit/debit cards and established e-wallets such as PayPal, Skrill or Neteller.

FidelityCfd Minimum deposit

Minimum depositN/A$5$10$5

FidelityCfd does not specify a minimum deposit. Genuine brokers often offer Micro and Cent accounts suitable for beginner investors.

FidelityCfd Withdrawal requirements

Trading volumeFee/Tax on withdrawalMinimum withdrawal
FidelityCfdNot specifiedNot specifiedNot specified
UK regulated brokersNoNoNo
EU regulated brokersNoNoNo
AU regulated brokersNoNoNo
US regulated brokersNoNoNo

FidelityCfd does not provide clear information on terms and conditions for withdrawal. But these types of scams always surprise you with hidden fees and other tricks that prevent you from withdrawing your money back.

The text of the Terms and Conditions states a very high fee of 50 USD per month for an inactive account. FidelityCfd also charges an outrageously high fee of 30% of the balance when closing an account.

Top Forex Brokers

BrokerCountryRatingMin. DepositWebsite
US4.99/5$50 Click for a special offerWebsite

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