About Fidelity Trade Pips
Company Overview
Fidelity Trade Pips is a trading broker registered in the United Kingdom, with a stated official domain of fidelitytradepips.com. The company was founded on June 30, 2022, and maintains a registered address at Flat 3 14a, Wharfdale Road, Bournemouth, Dorset, England, BH4 9BT.
Based on available registration records, Fidelity Trade Pips does not hold any recognised regulatory licences from major financial authorities. This absence of regulatory oversight is a significant factor that traders should consider, as it means the broker is not subject to standard client protection schemes or mandatory operational standards.
Account Types
Fidelity Trade Pips offers four distinct account tiers designed to accommodate a range of deposit sizes. The Gold account requires a minimum deposit of $50,000 to $100,000. The Diamond account has a lower entry point of $10,000 to $50,000, while the Premium account ranges from $5,000 to $10,000. The Starter account is the most accessible, with a minimum deposit between $500 and $5,000.
It is notable that for all account types, the maximum leverage is not disclosed in the available records. This omission makes it difficult for traders to assess the potential risk and margin requirements associated with each tier.
Regulatory Status
Fidelity Trade Pips is listed with no regulators on file, meaning it does not hold authorisation from any known financial supervisory body. In the United Kingdom, legitimate brokers are typically regulated by the Financial Conduct Authority (FCA), but Fidelity Trade Pips is not FCA-authorised.
This lack of regulation means that clients may not have access to compensation schemes such as the Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service in case of disputes. Traders should exercise heightened caution when dealing with an unregulated broker.
Instruments and Services
The specific trading instruments offered by Fidelity Trade Pips are not detailed in the available records. The name 'Trade Pips' suggests a focus on forex trading, but without confirmation, the range of assets (such as currencies, commodities, indices, or cryptocurrencies) remains unclear.
Similarly, details on trading platforms (e.g., MetaTrader 4/5, proprietary platform) and funding methods are not provided. Prospective clients may need to contact the broker directly to obtain this information, but doing so carries inherent risks given the unregulated status.
Target Audience
The account tiers suggest that Fidelity Trade Pips aims to attract both retail and high-net-worth traders. The Starter account, with a minimum of $500, is relatively affordable for individual traders, while the Gold account's $50,000 entry point targets more experienced or institutional-level clients.
However, the lack of regulatory oversight and undisclosed leverage make it difficult to recommend this broker for typical retail traders. The high minimum deposits for upper-tier accounts also indicate a focus on clients willing to commit significant capital.
Conclusion
Fidelity Trade Pips is a newly established broker with limited public information. Its registration in the UK does not equate to regulatory approval, and the absence of a known licence leaves traders without standard protections. The outlined account structures are clearly defined, but the missing leverage details and instrument list create ambiguity.
Traders considering Fidelity Trade Pips should conduct thorough due diligence, verify any claims directly with the broker, and understand the risks of trading with an unregulated entity. The broker's 'Guarded' risk score from FXCanary reflects these concerns.
Overview compiled by FXCanary from regulatory records and public data. full Fidelity Trade Pips review