Score

6.09 /10
Average

FIC

Regulated in Cyprus

Straight Through Processing(STP)

Suspicious Scope of Business

Medium potential risk

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Score

Regulatory Index5.50

Business Index7.56

Risk Management Index8.90

Software Index4.95

License Index5.50

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FIC · Company summary
FICReview Summary
Founded2018
Registered Country/RegionCyprus
RegulationCYSEC
Market InstrumentsForex, CFDs, ETFs, Bonds, Derivatives
Demo Account/
LeverageNot mentioned
SpreadNot mentioned
Trading PlatformMT4, Multi Product Platform
Min DepositEUR 30 (for missing or incorrect IBAN)
Customer SupportPhone: +357 22 502900; +357 22 502999
Email: info@fidusinvestments.eu

FIC Information

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.

FIC Information

Pros & Cons

ProsCons
Regulated by CYSECComplex Fee Structure
A variety of financial instrumentsLimited Educational Resources
Advanced Trading Platforms: MT4 and Multi Product PlatformCharges 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

Is FIC Legit?

FIC is regulated by CYSEC, and with license numbers 326/17.

Regulated countryRegulated AuthorityRegulated EntityLicense TypeLicense Number
CYSECFidus Investments Cyprus LtdStraight Through Processing(STP)326/17
Is FIC Legit?

What Can I Trade on FIC?

FIC provides clients with access to various investment products and services, such as FX, CFDs, ETFs, stocks, bonds, and derivatives.

Tradable InstrumentsSupported
Forex
Indices
Shares
Metals
Commodities
ETFs
Crypto
Bonds
Derivatives
CDFs
What Can I Trade on FIC?

FIC Fees

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 InstrumentCommission TypeFee Details
FuturesStandardizedUSD 35, EUR 35, GBP 35, CHF 35, or JPY 3,500 per contract
Stocks (US)Tiered5‰ for shares > USD 10, 5 cents per share for shares < USD 10
Options (US)Fixed7 cents per share with a minimum of USD 50
CFDRange5‰ to 7‰ based on market conditions
ForexFlatUSD 35, EUR 35, GBP 35, CHF 35, or JPY 3,500 for every 100,000 units of the price currency
CustodyMonthly0.25‰ with a minimum of USD 10

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for which type of traders
MT4Windows, Android, Linux, AppleExperienced traders seeking advanced charting tools and quick trading functions.
MT5//
Multi Product PlatformWindows, Android, Linux, AppleTraders looking for a comprehensive platform with full customization options and advanced charting capabilities.

Deposit and Withdrawal

Deposit Options

Deposit OptionsMin. DepositFeesProcessing Time
Bank transfer\EUR 30 for missing or incorrect IBAN\

Withdrawal Options

Withdrawal OptionsMin. WithdrawalFeesProcessing Time
Bank transfer\EUR 50 for payment investigations;EUR 15 per message\

User Reviews

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User comment

3

Comments

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okmnj
more than one year
I recently had an experience with FIC that left me quite disappointed. Their policies come off as arrogant and inflexible. While deposits are processed quickly, withdrawals are a whole different story – painfully slow. Trust me, extracting your own funds can turn into quite a hassle. Beware!
I recently had an experience with FIC that left me quite disappointed. Their policies come off as arrogant and inflexible. While deposits are processed quickly, withdrawals are a whole different story – painfully slow. Trust me, extracting your own funds can turn into quite a hassle. Beware!
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2024-01-26 18:55
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Jeffrey72378
more than one year
Hit them up several times about their commission rates, but it's like talking to a brick wall – zero response. Asked for a little something back, and suddenly the commissions skyrocket. They say no fees on losses, but once you start making money, they're all over you with hefty charges. I'm taking my case to the financial watchdogs. Be careful, folks – their game is all over the place.
Hit them up several times about their commission rates, but it's like talking to a brick wall – zero response. Asked for a little something back, and suddenly the commissions skyrocket. They say no fees on losses, but once you start making money, they're all over you with hefty charges. I'm taking my case to the financial watchdogs. Be careful, folks – their game is all over the place.
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2024-01-03 18:52
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