Fidelcrest vs Super Funded

Firm Evaluation and Service

Fidelcrest, a prop firm established in September 2018, boasts a solid reputation, showcased by a high Trustpilot rating of 4.6/5. This esteem reflects the firm’s client satisfaction and reliability, with endorsements underpinning the quality of their services. In contrast, Super Funded, a newcomer to the game since February 2023, has yet to build a comprehensive track record or community feedback, which may concern traders who rely heavily on firm histories and shared user experiences. Nevertheless, Super Funded counters with a compelling offer of a 90% profit split, which is notably generous in the industry.

Trading Conditions and Profitability

Fidelcrest encourages traders through appealing incentives such as zero fees and genuine spreads by leveraging the Fidelcrest Markets technology, alongside a high potential capital offering up to $2,000,000, and a leverage of up to 1:200. The firm also presents a more permissive trading approach, allowing for overnight positions and trading during news events, giving traders the latitude needed to execute their strategies effectively. On the flip side, Super Funded provides real accounts with the possibility to manage up to $600,000, a simplified one-step evaluation process, and no set minimum number of trading days needed, furnishing traders with flexibility and an expedited path to trading real capital.

Firm Policies and Trader Autonomy

When it comes to rules and autonomy, both prop firms have risk management policies such as Maximum Daily Loss and Profit Target requirements. However, Fidelcrest imposes a range of additional restrictions that include no Martingale strategies, a vigilance team monitoring risk, and limitations on third-party software. Super Funded upholds a consistency rule, which could be divisive, as it mandates a degree of uniformity in trading activity, potentially stifling certain riskier or more volatile strategies.

Community and Support

Customer support is the backbone of any service, and Fidelcrest takes an edge here with multilingual assistance, catering to a global clientele. Both firms lack in establishing a vibrant trading community or sharing extensive payment proof, but the newer Super Funded feels this gap more acutely, given its brief history and less feedback available from practicing traders.

Financial Transactions and Accessibility

In terms of financial dealings, both firms offer a range of account sizes sufficient to cater to various trader profiles, with Fidelcrest providing accounts as large as $1,000,000 USD. Both prop companies implement modern deposit methods involving cryptocurrencies, and their withdrawal methods are fairly similar, signaling adaptability to modern trading and financial environments.

Tradeable Instruments and Market Access

Fidelcrest leads with a wider assortment of tradeable instruments, including Stocks, which Super Funded does not list. This difference may be significant for traders looking for diverse portfolios and those who prefer specific markets. Both firms largely operate in USD, which may limit currency risk for traders used to this denomination.

Conclusion

Both Fidelcrest and Super Funded have laid out their stalls to attract serious retail traders, with each firm brandishing unique perks that may sway an individual’s choice. Fidelcrest carries the weight of a proven track record, extensive support, and a broad trading instrument selection, standing as a veteran in the industry. Conversely, Super Funded might appeal to those seeking a less constrained trading environment and a more significant share of the profits. Traders would do well to consider their trading style, support preferences, and instrument necessities against these offerings before aligning themselves with either prop firm.