FideliTrade

FideliTrade is a precious metals firm headquartered in Wilmington, Delaware, United States, with a history dating back to a 1997 buyout of Wilmington Trust's precious metals division. The company was formally incorporated on November 14, 2019, and operates as FideliTrade Incorporated. It positions itself as a full-service bullion dealer and authorized mint distributor, serving individuals, advisors, banks, and brokers.

FideliTrade's primary focus is on the trading, custody, and shipping of physical precious metals including gold, silver, platinum, and palladium. The firm does not offer investment, tax, or legal advice, and explicitly states it does not provide leveraged forex or CFD trading.

As of the latest available information, FideliTrade is not regulated by any financial regulatory authority. The company is not listed with the U.S. Commodity Futures Trading Commission (CFTC) or the National Futures Association (NFA), nor does it hold a license from the Securities and Exchange Commission (SEC) or any state regulator. This absence of financial regulation means that client funds and assets are not protected by investor compensation schemes or insurance typical of regulated brokers.

Prospective clients should be aware that dealing with an unregulated entity carries inherent risks, including limited recourse in the event of disputes or insolvency. FideliTrade's status as a precious metals dealer may place it outside typical financial regulatory frameworks, but this does not eliminate counterparty risk.

FideliTrade offers a range of services centered on physical precious metals. Clients can buy and sell bullion in various forms, including coins, bars, and rounds, sourced directly from government and commercial mints. The company provides custody services with different tiers: bulk custody (non-segregated), individual custody (non-segregated), and individual custody (segregated). Segregated custody ensures that the client's holdings are individually identified and not commingled.

Additionally, FideliTrade offers an accumulation plan for systematic purchasing of bulk generic bullion on a bi-monthly or monthly basis, allowing clients to average their purchase costs over time. The company claims to provide transparent bid and ask prices and does not impose a minimum order size, though minimum fees apply.

FideliTrade offers non-commercial investor accounts with a tiered fee schedule based on transaction size. Purchase and sale fees range from 1.00% for amounts under $15,000 down to 0.25% for $250,000 or more. Custody fees vary by service type: bulk custody charges 0.25% of account value per year (minimum $35), individual non-segregated custody charges 0.50% ($50 minimum), and individual segregated custody charges 1.50% ($100 minimum). Shipping and handling fees are additional for delivery orders.

The fee schedule is transparent and publicly available on the company's website. However, the broker notes that fees are subject to change without notice. Clients should review the latest rate schedule before transacting.

FideliTrade accepts several payment methods including bank wire, personal check, ACH, cash, and credit cards. Credit card payments are limited to $3,000 for existing customers and $500 for new customers. ACH transfers are capped at $15,000 for delivery orders and $30,000 for custody accounts. The company does not accept third-party payments, meaning all funds must come from the account owner's own bank account or credit card.

Checks can be mailed to the Wilmington office. For wire and ACH instructions, clients must contact the company by phone. The broker emphasizes that email is not a secure method for transmitting sensitive information.

FideliTrade markets its services to a broad range of clients including individuals, financial advisors, banks, and other brokers. The company is particularly suited for investors seeking direct ownership of physical precious metals as a long-term hedge against inflation or portfolio diversification. Its accumulation plan appeals to those who wish to invest systematically without timing the market.

FideliTrade is not designed for short-term speculators or traders looking for leveraged exposure to precious metals prices. The lack of regulation and absence of an online trading platform make it unsuitable for active trading. Clients must be comfortable with traditional phone-based order placement and manual account management.

FideliTrade presents itself as an established precious metals dealer with a long operating history and a range of services for physical bullion investors. While the company's website provides comprehensive information on fees, account types, and procedures, the absence of financial regulation is a significant factor for potential clients to consider. Investors should conduct their own due diligence and assess their risk tolerance before engaging with an unregulated entity.

For those seeking a regulated environment or forex/CFD trading, other brokers may be more appropriate. FideliTrade remains a niche option for the physical precious metals market.