About Fidelitytrustmarket
Company Overview
Fidelitytrustmarket is a brokerage entity registered in the United States, with a registered address at 485 Glenridge Rd, Key Biscayne, Florida. The company was founded on June 24, 2021, and operates under the domain fidelitytrustmarket.com. According to public records, the firm is incorporated in the US, though its operational footprint and market presence remain limited in publicly available information.
As a relatively new entity, Fidelitytrustmarket has not yet built a substantial track record in the financial trading industry. The company’s registration in Florida places it within the jurisdiction of US corporate law, but no evidence of oversight by any financial regulatory authority has been found. This absence of regulatory status is a critical factor for traders to consider when evaluating the broker’s legitimacy and reliability.
Regulation and Licensing
Our cross-checking of the public register confirms that Fidelitytrustmarket does not hold any financial services licence or regulatory authorisation from a recognised body. No licences from the SEC, CFTC, or any other national regulator are on file. This means the broker operates without the mandatory oversight that typically protects retail traders in the US and other major jurisdictions.
For traders, the lack of regulation means there is no government-backed compensation scheme or dispute resolution mechanism. Deposits are not protected by any investor protection fund. FXCanary’s assessment underscores that unregulated brokers carry a higher risk of malpractice, including misappropriation of funds or refusal to honour withdrawals.
Account Types and Minimum Deposits
Fidelitytrustmarket offers three account tiers: Executive, Premium, and S Starter. The Executive account requires a minimum deposit of $50,000, the Premium account $10,000, and the S Starter account $250. The maximum leverage for all accounts is not disclosed in the known records. These account tiers suggest the broker targets both high-net-worth individuals and retail traders with smaller capital.
The significant gap between the entry-level and top-tier accounts indicates a multi-tiered service model, typical of many forex and CFD brokers. However, without clear information on leverage, spreads, or commissions, it is difficult for traders to evaluate the cost and risk of trading with this broker.
Trading Instruments
No information is available regarding the trading instruments offered by Fidelitytrustmarket. The known facts do not list any asset classes such as forex pairs, indices, commodities, or cryptocurrencies. This lack of disclosure makes it impossible to assess the broker’s product range or market coverage.
In the absence of instrument details, potential clients cannot determine if the broker meets their specific trading needs. We advise traders to seek clarity directly from the broker before committing funds, as incomplete information is a common red flag in the industry.
Deposits and Withdrawals
The known facts contain no details about accepted payment methods, withdrawal processing times, or fees. It is unclear whether Fidelitytrustmarket supports bank transfers, credit/debit cards, e-wallets, or cryptocurrencies. The absence of this information raises further uncertainty about the broker’s operational transparency.
Traders should be cautious, as uncertainty around funding processes can lead to difficulties when trying to retrieve funds. We recommend that any potential client request detailed terms from the broker and test the process with a minimal deposit before committing larger sums.
Target Audience
Based on the account minimums, Fidelitytrustmarket appears to cater to a broad range of traders, from retail investors with $250 to high-net-worth clients willing to deposit $50,000. The unregulated status, however, suggests that the broker may attract traders who are either unaware of the risks or who intentionally seek unregulated environments for their transactions.
Given the regulatory void, the broker is unlikely to be suitable for traders who prioritise safety, transparency, and recourse. It may appeal to experienced traders who perform their own due diligence and accept higher risk for potentially higher returns. Nonetheless, for most retail traders, the lack of oversight is a significant deterrent.
Overview compiled by FXCanary from regulatory records and public data. full Fidelitytrustmarket review