Fidel Trades is a complex online trading platform that provides services in forex, cryptocurrency, and high-return financial products. Though it poses as an experienced firm in the financial services sector, upon closer look, appears an entirely different picture with red flags, technical issues, and consumer grievances.
Website: https://fideltrading.com/
Website Availability: Yes
Warning: Financial Conduct Authority (United Kingdom)
Domain Age:
Name-FIDELTRADING.COM
Registry Domain ID-2597554693_DOMAIN_COM-VRSN
Registered On-2021-03-12T20:00:46Z
Expires On-2026-03-12T20:00:46Z
Updated On-2025-02-27T17:44:23Z
Doubtful Website Infrastructure
One of the first signs of an unreliable operation is the server installation. Fidel Trades’ site is being operated on a shared server with some low-rated websites, raising questions about its security and data protection measures. For a platform that deals with sensitive financial information, this is anything but desirable and raises the risks of data compromise and service unavailability.
Furthermore, the domain itself is extremely young, which contradicts the platform’s assertion of long-term existence. This discrepancy taints its credibility and makes its story questionable.
No Regulation for High-Risk Financial Services
Fidel Trades has ties to cryptocurrency trading services, which, in their nature, are high-risk and extremely volatile. Yet, in contrast to reliable platforms that provide risk disclosures and regulated services, Fidel Trades has no apparent regulatory support.
Worst of all, the website seems to promote high-yield investment plans, a common indicator of Ponzi-type schemes. No credible financial authority licenses such as those provided by the FCA, ASIC, or CySEC are visible. This unregulated status implies that users have no investor compensation or legal protection in case of financial loss.
Deceptive Withdrawal Practices
One of the longest-standing user grievances is the withdrawal issue. Various reports show that deposits are done in real-time, but requests for withdrawals are disregarded or denied without clear reasons. Some users have even reported suspicious behavior, including wallet addresses being modified on the backend, which may be indicative of administrative interference.
This behavior indicates that Fidel Trades is intentionally limiting withdrawals-a classic move in scam schemes to retain investor capital and preclude payouts.
Deceptive Identity and False Representations
The site misleadingly represents a history of long-term existence within the industry. Domain records, however, indicate that the website was newly established. This kind of trickery is a significant red flag since it indicates that the company is knowingly falsifying experience to establish user trust.
In addition, Fidel Trades’ website layout and materials are similar to those of other previously noted scam sites, potentially suggesting that they are based on a generic scam template. Such copied templates are commonly utilized by fraud rings to reboot under new names when older sites become blacklisted.
Social media comments and standalone reviews are overwhelmingly negative. Users complain of bad customer service, frozen withdrawals, and false information regarding the company’s background. There’s also no valid contact info or verified business address, which makes it almost impossible for users to make claims.
Final Verdict
Fidel Trades shows several signs of scamming, which include:
- A new domain registration
- Hosting on a shared server that contains shady websites
- No financial regulation
- Making false assertions about its operational history
- Withdrawal problems and interference from the administration
- Poor user experience and ratings
For all these reasons, Fidel Trades is not a reliable platform. Prospective investors are highly recommended to stay away from this broker and report any suspicious activity to financial regulatory authorities.
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