Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

FIDELI TRADE

United States|2-5 years|
Suspicious Regulatory License|High potential risk|

https://www.fidelitrade.com/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

United States 5.62

Surpassed 98.98% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+1 (800)223-1080
info@fidelitrade.com
https://www.fidelitrade.com/
FideliTrade Incorporated 3601 N. Market Street Wilmington, DE 19802

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-03-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Users who viewed FIDELI TRADE also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

FP Markets

8.87
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

FXGT.com

7.61
Score
2-5 yearsRegulated in CyprusMarket Making(MM)MT4/5 full license
Official website

STARTRADER

8.53
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

FIDELI TRADE · Company Summary

Aspect Information
Registered Country/Area United States
Founded Year 2021
Company Name FideliTrade Incorporated
Regulation Operates without regulation
Services Buying and selling gold, silver, platinum, and palladium bullion; Accumulation plan; Limit orders; Counterfeit detection
Customer Support Email: info@fidelitrade.com; Phone: 800-223-1080, 302-762-6200;

Overview

FideliTrade Incorporated, established in 2021 and based in the United States, operates in the precious metals market without regulatory oversight. FideliTrade is a full-service precious metals firm working with individuals, advisors, banks as well as brokers. FideliTrade provides bullion services, straight from the source, acquiring bullion directly from government and commercial mints. FideliTrade does not offer investment, tax or legal advice.

Overview

Regulation

FIDELI TRADE operates without regulation, raising concerns about the security and legitimacy of its practices. Investors should exercise caution when dealing with unregulated entities like FIDELI TRADE, as they may lack oversight and protection mechanisms. It's advisable to opt for regulated brokers to mitigate potential risks associated with trading.

Regulation

Pros and Cons

FideliTrade presents a unique investment opportunity in the precious metals market, offering a wide array of products including gold, silver, platinum, and palladium in various forms. Their comprehensive product range caters to different investor preferences for bullion types and investment sizes. The company facilitates both the buying and selling processes, providing additional services such as an accumulation plan for systematic investment and a limit order option for targeted price points. However, the lack of regulation is a significant concern, emphasizing the need for investors to proceed with caution. While FideliTrade's offerings are extensive and accessible, the potential risks associated with unregulated trading must be carefully weighed.

Pros Cons
  • Wide range of precious metals products
  • Operates without regulation, raising security concerns
  • Immediate purchase availability up to $15,000 without prior deposit
  • Potential risks associated with unregulated entities
  • Offers both buying and selling options, including products from other sources
  • Accumulation plan for bi-monthly automatic purchases
  • Free limit order service for precise trading
  • Comprehensive customer support via email, phone, and fax

Products Offered

Fideli Trade offers a diverse range of trading products across several precious metals, including gold, silver, platinum, and palladium. Here's an organized description of their offerings:

Gold Trading Products:

  • Bulk Generic Bullion with a bid price of $2,015.20 and an ask price of $2,033.30.

  • Gold American Eagle Coins available in 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz sizes with varying bid and ask prices.

  • Gold American Buffalo available in 1 oz size.

  • Gold Canadian Maple Leaf available in 1 oz and 1/10 oz sizes.

  • Gold South African Krugerrand available in 1 oz size.

  • Gold Australian Kangaroo available in 1 oz size.

  • Gold Austrian Philharmonic available in 1 oz, 1/4 oz, and 1/10 oz sizes.

  • Gold Mexican Fifty Peso available in 1.2 oz size.

  • Gold Austrian Corona available in .9802 oz size.

  • Gold Bullion Bars ISO Accredited (.9999) available in 1 oz and 10 oz sizes.

  • Gold Bullion Bar (.9999) available in 1 kg size.

  • Gold Bullion Bar (.995) available in 100 oz size.

Silver Trading Products:

  • Silver Bullion Bars (ISO Accredited) available in 10 oz, 1 oz, and 100 oz sizes.

  • Silver Bulk Generic Bullion.

  • Silver American Eagle Coin available in 1 oz size.

  • Silver Canadian Maple Leaf available in 1 oz size.

  • Silver Bullion Round available in 1 oz size.

  • Silver Bullion Bar available in 1000 oz size.

  • U.S. 40% Silver Coinage (1965-1969) available in 295 oz size.

  • U.S. 90% Silver Coinage (Pre 1965) available in 715 oz size.

Platinum Trading Products:

  • Platinum Bulk Generic Bullion.

  • Platinum American Eagle available in 1 oz size.

  • Platinum Canadian Maple Leaf available in 1 oz size.

  • Platinum Bullion Bars (.9995+) available in 1 oz and 10 oz sizes.

  • Platinum Bullion Bars (.9995+) available in 50 oz size.

Palladium Trading Products:

  • Palladium Bulk Generic Bullion.

  • Palladium Canadian Maple Leaf available in 1 oz size.

  • Palladium Bullion Bars (.9995+) available in 1 oz, 10 oz, and 100 oz sizes.

This comprehensive range provides options for investors interested in different quantities and types of precious metals, including coins, bars, and bullion of varying sizes and purities.

Products Offered

Precious Metal Trading

Buying Process:

After setting up an account, private investors can instantly purchase up to $15,000 worth of products. For orders above this amount, a deposit is required before the first purchase. FideliTrade offers immediate availability of bullion coins and bars, ensuring no delay in settlement. Settlement times vary based on the payment method, with preferred options being checks, bank wires, ACH, and credit cards. The maximum limit for ACH transactions is $30,000, and for credit card payments, it's $3,000. Additional fees may apply.

Selling Process:

FideliTrade buys back gold, silver, platinum, and palladium bullion, even if it was purchased elsewhere. They offer 30 days of free, insured, secure storage, allowing customers to wait for favorable market conditions before selling.

Accumulation Plan:

FideliTrades accumulation plan facilitates bi-monthly automatic purchases of bulk generic bullion. Customers choose the bullion type and investment amount, benefiting from dollar cost averaging and reducing the need to track market fluctuations closely.

Limit Orders:

FideliTrade provides a free limit order service, enabling customers to set specific prices for buying or selling. These orders can be held for up to 90 days, with the option to cancel at any time.

Counterfeit Detection Simplified:

FideliTrade employs measures to identify and prevent counterfeit bullion transactions, ensuring the integrity and authenticity of the products traded.

Precious Metal Trading

Price Details

Detailed price information is displayed on the FideliTrade website. Products weight varies and price displayed as per ounce. Here take the price of Gold as an example, please see the following screenshot:

Price

Customer Support

For any inquiries or support, you can contact FideliTrade customer service via the following methods:

Email: info@fidelitrade.com

Phone: Toll-free at 800-223-1080 or direct at 302-762-6200

Fax: 301-762-2902

Visit or mail to: FideliTrade Incorporated, 3601 N. Market Street, Wilmington, DE 19802.

Office hours are from 8:30 AM to 4:30 PM, Monday through Thursday, and from 8:30 AM to 2:30 PM on Fridays.

Customer Support

FAQs

Q1: Is FideliTrade regulated?

A1: No, FideliTrade operates without regulation. This lack of oversight means that while it offers various services, investors should proceed with caution and consider the benefits of trading with regulated entities for added security.

Q2: What products does FideliTrade offer?

A2: FideliTrade offers a wide range of precious metals trading products, including gold, silver, platinum, and palladium in various forms such as coins, bars, and bullion of different sizes and purities.

Q3: How does the buying process work at FideliTrade?

A3: New accounts can immediately purchase up to $15,000 worth of products. Orders exceeding this limit require a deposit beforehand. Preferred payment methods include checks, bank wires, ACH, and credit cards, each with specific maximum limits and potential fees.

Q4: Can I sell my precious metals back to FideliTrade?

A4: Yes, FideliTrade purchases gold, silver, platinum, and palladium bullion products, offering 30 days of free, insured storage to allow for market monitoring before selling. They accept bullion purchased from them or other sources.

Q5: What support options does FideliTrade offer?

A5: Customers can reach FideliTrade's support team via email at info@fidelitrade.com, phone at 800-223-1080 or 302-762-6200, and fax at 301-762-2902. Their office in Wilmington, DE, is open Monday through Thursday from 8:30 AM to 4:30 PM and on Friday from 8:30 AM to 2:30 PM.

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.

Broker Information

Company Name

FideliTrade Incorporated

Company Abbreviation

FIDELI TRADE

Regulatory Status

No Regulation

Platform registered country and region

United States

Phone of the company
  • +1 (800)223-1080

Twitter
Facebook

--

Instagram

--

YouTube

--

Company address
  • FideliTrade Incorporated 3601 N. Market Street Wilmington, DE 19802

Linkedin
WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • info@fidelitrade.com

Company Summary

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

1

Comments

Write a review

Dennil
more than one year
FIDELI TRADE has been the worst broker I've encountered so far. They blocked access to my account and wiped out my profits. How can regulated brokers treat their clients like this? Unable to access withdrawal portal.
2024-02-29 15:42
Reply
0
0
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com