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Score
Cyprus
5-10 yearsRegulated in Cyprus
Straight Through Processing(STP)
Suspicious Scope of Business
Medium potential risk
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index5.50
Business Index7.56
Risk Management Index8.90
Software Index4.95
License Index5.50
Single Core
1G
40G
FICReview Summary | |
Founded | 2018 |
Registered Country/Region | Cyprus |
Regulation | CYSEC |
Market Instruments | Forex, CFDs, ETFs, Bonds, Derivatives |
Demo Account | / |
Leverage | Not mentioned |
Spread | Not mentioned |
Trading Platform | MT4, Multi Product Platform |
Min Deposit | EUR 30 (for missing or incorrect IBAN) |
Customer Support | Phone: +357 22 502900; +357 22 502999 |
Email: info@fidusinvestments.eu | |
Founded in 2018, FIC provides diversified trading assets, including foreign exchange, CFDs, ETFs, stocks, bonds and derivatives. The platform operates under the supervision of the Cyprus Securities and Exchange Commission (CYSEC) and its commission is flexible. However, the complex cost structure and limited customer support are not suitable for beginners.
Pros | Cons |
Regulated by CYSEC | Complex Fee Structure |
A variety of financial instruments | Limited Educational Resources |
Advanced Trading Platforms: MT4 and Multi Product Platform | Charges costs for missing IBAN information and payment investigations. |
Clear and consistent commission rates for various securities and markets | |
Payments through many foreign bank accounts in different currencies |
FIC is regulated by CYSEC, and with license numbers 326/17.
Regulated country | Regulated Authority | Regulated Entity | License Type | License Number |
CYSEC | Fidus Investments Cyprus Ltd | Straight Through Processing(STP) | 326/17 |
FIC provides clients with access to various investment products and services, such as FX, CFDs, ETFs, stocks, bonds, and derivatives.
Tradable Instruments | Supported |
Forex | ✔ |
Indices | ✔ |
Shares | ❌ |
Metals | ❌ |
Commodities | ❌ |
ETFs | ✔ |
Crypto | ❌ |
Bonds | ✔ |
Derivatives | ✔ |
CDFs | ✔ |
Compare with other trading institution, the fees structure of FIC is more flexibility but relatively complex.
Trading Fees
FIC provides a complete commission structure that varies depending on the financial instrument and the market. While FIC's commission structure is flexible, it may be better suited for seasoned traders or those with specific market preferences due to the complexities involved.
Financial Instrument | Commission Type | Fee Details |
Futures | Standardized | USD 35, EUR 35, GBP 35, CHF 35, or JPY 3,500 per contract |
Stocks (US) | Tiered | 5‰ for shares > USD 10, 5 cents per share for shares < USD 10 |
Options (US) | Fixed | 7 cents per share with a minimum of USD 50 |
CFD | Range | 5‰ to 7‰ based on market conditions |
Forex | Flat | USD 35, EUR 35, GBP 35, CHF 35, or JPY 3,500 for every 100,000 units of the price currency |
Custody | Monthly | 0.25‰ with a minimum of USD 10 |
Trading Platform | Supported | Available Devices | Suitable for which type of traders |
MT4 | ✔ | Windows, Android, Linux, Apple | Experienced traders seeking advanced charting tools and quick trading functions. |
MT5 | ❌ | / | / |
Multi Product Platform | ✔ | Windows, Android, Linux, Apple | Traders looking for a comprehensive platform with full customization options and advanced charting capabilities. |
Deposit Options
Deposit Options | Min. Deposit | Fees | Processing Time |
Bank transfer | \ | EUR 30 for missing or incorrect IBAN | \ |
Withdrawal Options
Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
Bank transfer | \ | EUR 50 for payment investigations;EUR 15 per message | \ |
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