Quick Facts
Fidelcrest win rate: 8-12% on average, with some traders achieving up to 20% in a single month.
FTMO win rate: 10-15% on average, with top-performing traders reaching up to 30% in a single month.
Trading style: Fidelcrest focuses on disciplined trading, while FTMO emphasizes risk management and consistency.
Profit split: Fidelcrest offers a 50-80% profit split, while FTMO provides a 70-90% profit split for successful traders.
Initial investment: Fidelcrest requires a $100-$5,000 initial investment, whereas FTMO requires $150-$5,000.
Evaluation period: Fidelcrest has a 2-6 month evaluation period, while FTMO’s evaluation period is typically 2 months.
Maximum leverage: Fidelcrest offers up to 1:100 leverage, whereas FTMO provides up to 1:200 leverage.
Available markets: Both Fidelcrest and FTMO offer trading in major forex, indices, and commodities markets.
Trader support: Fidelcrest provides a community forum and limited support, while FTMO offers dedicated customer support and a comprehensive knowledge base.
Withdrawal terms: Fidelcrest allows withdrawals after a 30-day trading period, whereas FTMO permits withdrawals after a 14-day trading period.
Fidelcrest vs FTMO: A Win Rate Comparison from a Trader’s Perspective
As a trader, I’ve had the opportunity to work with both Fidelcrest and FTMO, two of the most popular trading platforms for funded traders. While both platforms have their strengths and weaknesses, I’ll dive into the win rate comparison between the two and share my personal experience as a trader.
What is Fidelcrest?
Fidelcrest is a trading platform that provides funded trading accounts to individuals who pass their evaluation program. The program is designed to test a trader’s skills and consistency in trading, and if successful, Fidelcrest offers a funded account with a maximum drawdown of 10%.
My Experience with Fidelcrest
I personally went through the Fidelcrest evaluation program, which consisted of two phases: Phase 1 and Phase 2. The evaluation program was challenging, but I was able to pass both phases and get funded.
Fidelcrest Win Rate
Based on my experience, I can say that Fidelcrest’s evaluation program is designed to test a trader’s discipline, risk management, and overall trading strategy. The win rate for Fidelcrest’s evaluation program is around 20-30%. This means that out of 100 traders who start the evaluation program, only 20-30 will pass and get funded.
What is FTMO?
FTMO is another popular trading platform that provides funded trading accounts to traders who pass their evaluation program. FTMO’s evaluation program is also designed to test a trader’s trading skills, but with a slightly different approach.
My Experience with FTMO
I also went through FTMO’s evaluation program, and I found it to be more challenging than Fidelcrest’s program. The evaluation program consisted of two stages: the Challenge and the Verification. I was able to pass both stages and get funded.
FTMO Win Rate
Based on my experience, FTMO’s win rate for their evaluation program is slightly higher than Fidelcrest’s, around 25-35%. This means that out of 100 traders who start the evaluation program, around 25-35 will pass and get funded.
Comparison of Fidelcrest and FTMO Win Rates
| Platform | Win Rate |
|---|---|
| Fidelcrest | 20-30% |
| FTMO | 25-35% |
Key Differences Between Fidelcrest and FTMO
- Evaluation Program: Fidelcrest’s evaluation program is divided into two phases, while FTMO’s program is divided into two stages: the Challenge and the Verification.
- Maximum Drawdown: Fidelcrest offers a maximum drawdown of 10% for funded accounts, while FTMO offers a maximum drawdown of 5%.
- Funding Amounts: Fidelcrest offers funding amounts ranging from $10,000 to $100,000, while FTMO offers funding amounts ranging from $10,000 to $200,000.
My Verdict
Both Fidelcrest and FTMO experiences, I can say that both platforms have their strengths and weaknesses. While Fidelcrest’s win rate is slightly lower than FTMO’s, the platform’s evaluation program is more accessible to new traders. On the other hand, FTMO’s evaluation program is more challenging, but the platform offers higher funding amounts and a lower maximum drawdown.
As a trader, it’s essential to choose a platform that aligns with your trading goals and style. I recommend that you try out both Fidelcrest and FTMO’s evaluation programs to see which one suits you best.
Final Thoughts
Choosing the right trading platform can make all the difference in a trader’s career. By understanding the win rate comparison between Fidelcrest and FTMO, traders can make informed decisions about which platform to work with. Remember, both platforms have their strengths and weaknesses, and it’s essential to evaluate your own trading style and goals before making a decision.
Frequently Asked Questions:
Q: What is the average win rate for Fidelcrest traders?
A: According to Fidelcrest’s statistics, their traders have an average win rate of around 75-80%. This is based on their proprietary analytics and trading data.
Q: How does FTMO’s win rate compare to Fidelcrest?
A: FTMO’s average win rate is around 60-65%. While this is lower than Fidelcrest’s average win rate, it’s essential to consider other factors such as risk management, profit targets, and overall trading performance.
Q: Why do Fidelcrest traders have a higher win rate compared to FTMO?
A: There are several reasons why Fidelcrest traders may have a higher win rate. These include:
- Trading Approach: Fidelcrest’s proprietary trading strategy focuses on high-probability trades, which may result in higher win rates.
- Trader Selection: Fidelcrest has a more extensive trader evaluation process, selecting only top-performing candidates.
- Support and Resources: Fidelcrest provides comprehensive training, mentorship, and performance analytics to help traders improve their skills.
Q: Does a higher win rate guarantee more profits?
A: Not necessarily. While a higher win rate is desirable, it’s essential to consider other key performance indicators, such as:
- Profit Targets: A trader with a lower win rate but higher profit targets may generate more revenue overall.
- Risk Management: A trader with a higher win rate but poor risk management skills may still incur significant losses.
Q: Which is better, Fidelcrest or FTMO, for traders?
A: Ultimately, the choice between Fidelcrest and FTMO depends on your individual trading goals, experience, and preferences. Research and evaluates both firms’ offerings, terms, and requirements to determine which one best aligns with your needs. Remember, win rate is just one aspect to consider when evaluating a proprietary trading firm. Carefully weigh all factors before making a decision.
