FIDUS INVESTMENTS CYPRUS

Fidus Investments Cyprus Limited is a brokerage firm established in 2019 and headquartered in Nicosia, Cyprus. The company operates under the regulation of the Cyprus Securities and Exchange Commission (CySEC), holding license number 326/17. It offers a range of trading services including forex, CFDs, ETFs, stocks, bonds, and derivatives. The firm positions itself as a multi-asset broker aimed at providing diverse investment opportunities to its clients.

Fidus Investments is regulated by CySEC, which is a well-known European regulatory body. The license number 326/17 is listed on the broker’s website and can be verified on the CySEC register. As a Cyprus Investment Firm (CIF), the broker must comply with MiFID II regulations, including client fund segregation and reporting requirements. This regulatory framework offers a level of protection for clients, although the specifics of the license type (STP execution) are mentioned in industry databases.

The broker provides two main trading platforms: the industry-standard MetaTrader 4 (MT4) and a proprietary multi-product platform. MT4 is popular for forex and CFD trading, offering advanced charting and automated trading capabilities. The multi-product platform allows clients to trade a wide range of instruments including shares, CFDs, futures, and options from a single account. Instruments available include major and minor forex pairs, stock indices, commodities, ETFs, and bonds.

Fidus Investments does not publicly disclose specific account types or minimum deposit requirements on its website. The available fee schedule suggests a single account structure with standard commissions and administrative fees. The broker may offer different account tiers upon request, but this information is not readily available. Prospective clients are advised to contact the firm directly for detailed account options.

The cost structure at Fidus Investments includes both administrative fees and trading commissions. There is a monthly administrative fee of USD 5, a dormant account fee of USD 2 per month, and a closure fee of USD 20. Trading commissions vary by instrument and market, with futures contracts costing USD 35 per round turn, and share commissions ranging from 0.5% to 0.7% of trade value, subject to minimum charges. These fees can accumulate, particularly for inactive accounts or smaller trade sizes.

Funding is facilitated through bank wire transfers in euros to one of three Cypriot banks. The broker provides IBAN and SWIFT details for Bank of Cyprus, Eurobank Cyprus, and Societe Generale Bank Cyprus. No information is provided about deposit processing times or fees. Withdrawal methods are not detailed on the website, though it is likely that withdrawals are processed via the same bank transfer method. Clients should verify terms with the broker.

The broker claims to have a multilingual team of professionals, but limited details are available regarding customer support hours or channels. Contact information on the website is minimal, with no live chat or extensive FAQ section. Educational resources are not prominently featured, which may be a drawback for beginner traders. The company’s disclosures emphasize that it does not provide investment advice, placing the onus on clients to understand risks.