Fidelis CM

Fidelis Capital Markets, branded as Fidelis CM, is a retail forex and CFD broker established on 26 January 2018. The company is registered in Saint Vincent and the Grenadines at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown. It operates under the legal name Fidelis CM and offers online trading services to retail clients worldwide.

The broker holds dual regulation: it is licensed by the Cyprus Securities and Exchange Commission (CySEC) with a Market Making (MM) license, and by the Vanuatu Financial Services Commission (VFSC) with a Forex Trading License (EP). This regulatory structure places the broker under both EU and offshore oversight, which may affect client protections depending on the entity servicing the account.

Fidelis CM offers the industry-standard MetaTrader 4 platform for desktop, web, and mobile trading. The broker provides a tiered account structure catering to different capital levels. The entry-level ROOKIE / Pro account requires a minimum deposit of $500 and offers leverage up to 1:400. For smaller traders, the MINI / MSX account starts at $100 with the same maximum leverage. The PRIME / ECN Pro account requires $1,000, the ELITE account $5,000, and the top-tier UNIQUE / VIP account demands a $50,000 minimum deposit with a reduced leverage of 1:200.

Additionally, the broker claims a Mini account with a minimum deposit as low as $5, though it is not listed among the standard account types in the known facts. All accounts reportedly offer access to copy trading and leverage up to 1:400, except the VIP tier which caps at 1:200.

Fidelis CM is regulated by two entities: CySEC in Cyprus and VFSC in Vanuatu. CySEC is a European regulator that imposes strict capital requirements, client segregation, and investor compensation schemes (ICF) for EU clients. The VFSC, however, is an offshore regulator with lighter oversight and no compensation scheme. The broker's risk score from FXCanary is 43 out of 100, indicating a guarded level of risk.

It is important to note that while the broker advertises CySEC regulation, the actual entity serving clients may vary by jurisdiction. Traders should verify which regulatory entity they are dealing with to understand the level of protection afforded.

The broker offers forex and CFD trading, though a detailed list of instruments is not publicly specified in the available sources. The UNIQUE / VIP account promotion highlights flat rates as low as $2.5 per lot on USD-based instruments, suggesting competitive pricing for high-volume traders. Standard spreads and commissions for other account types are not disclosed in the known facts.

The broker does not provide explicit information on non-trading fees such as deposit, withdrawal, or inactivity charges. Traders are advised to consult the official website or legal documentation for complete fee schedules.

Fidelis CM markets itself to retail traders of all experience levels, offering educational resources and a range of account sizes to suit different budgets. The copy trading service may appeal to beginners looking to follow experienced traders, while high-net-worth individuals can opt for the VIP account with lower costs.

However, the broker's offshore registration and reliance on a less stringent regulator (VFSC) may not suit traders seeking the highest levels of regulatory protection. The guarded risk score reflects the inherent uncertainties of trading with a broker that combines EU and offshore regulation.

The broker maintains an active social media presence on Facebook, Instagram, LinkedIn, Twitter/X, and YouTube, though engagement levels are not assessed here. The official website is available in multiple languages including English, Indonesian, Russian, Chinese, and Arabic, indicating a global client base.

Client support is accessible through the website's live chat, email, and a client cabinet for account management. The broker also offers a separate portal for copy trading, allowing users to register as master traders or followers.