Fideltraders (fideltraders.org) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: 4651 Westport Dr Mechanicsburg PA 17055-4843 United States; 136 Besline St Kuraby QLD 4112 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: fideltraders.org.
My withdrawal request from Fideltraders (fideltraders.org) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Clean UI|API access
Cons: Onboarding videos are outdated
Where do I even begin with Fideltraders (fideltraders.org)? for about ten months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Clear documentation|Intuitive for beginners|Customizable dashboard|Automated trading options
Cons: Limited demo account features
If you are reading this considering Fideltraders (fideltraders.org) - run. I wish I had read more negative reviews through a podcast recommendation. I thought the positive ones were real. Maybe some are. My experience over since early this year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Multi-currency support|Multiple order types|Two-factor authentication|Fast execution
Cons: No dark mode on mobile|Live chat only during business hours
I had high hopes for Fideltraders (fideltraders.org) based on a colleague's recommendation, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Multi-device support|Quick verification|Fast support response|Educational resources
Cons: Limited social trading features|Search feature is basic
Fideltraders (fideltraders.org) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Wide product range|Easy withdrawals|Market news feed
Cons: Spreads widen during volatile periods
KYC with Fideltraders (fideltraders.org) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Customizable dashboard|Instant funding|Great customer service|Responsive team
Cons: Withdrawal takes 1-2 business days
The reporting at Fideltraders (fideltraders.org) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Automated trading options|Excellent charting|Regular updates|Dividend tracking
Cons: Inactivity fee applies after 12 months|Limited ETF selection