fidelityly is a CFD broker whose official website domain was registered on June 8, 2024. It primarily provides trading services in financial derivatives such as forex, precious metals, crude oil, indices, and cryptocurrencies to retail and institutional clients. This broker does not offer services in jurisdictions where doing so may violate local laws or regulations.
Company Registration Information and Regulatory Status:
Public information on fidelityly's official website shows that it uses the trading brand name "Fidelity," and is headquartered in London, UK. It is purportedly one of the top 50 financial service companies in the UK. However, the broker does not disclose detailed company registration details or corresponding regulatory information on its official website.
Investigations reveal that both the trading name and the website logo of fidelityly are copied from the well-known brokerage "Fidelity." In reality, fidelityly is a scam broker's website with no legitimate company entity or regulatory oversight.
Additionally, fidelityly’s web design and content are identical to those of other scam broker websites such as stockfxmarkets.com, Gold Harbor Finance, trustwalletltd.com, prudential-ltd.com, fxdecodefxs, and ogm-fx.
Account Opening Process:
To open an account with fidelityly, visit the broker's official website and click “Open an Account” on the homepage or at the top right corner of the page. Fill in your email address and set a login password as required. The broker will then send a verification code to the provided email, which must be entered in the application form before submitting. Once submitted, the account will be successfully registered. After logging in, identity verification is required before deposits can be made and trading can commence.
Trading Account Information:
fidelityly's website only discloses information about spreads, trading leverage, and contract size. Other relevant information such as account types, trading commissions, minimum/maximum trading volume, maximum position/order size, margin call/stop-out levels, and minimum price accuracy is not provided.
- Spreads: Floating spreads starting from 1 pip
- Trading Leverage: 1:100
- Contract Size: 1 lot = 100,000 currency units
Trading Platform:
fidelityly claims to provide the ST5 trading platform for users, which includes both desktop and mobile versions. This platform offers over 50 technical indicators and intraday analysis tools, along with features for advanced traders.
Deposits and Withdrawals:
fidelityly does not explicitly disclose the supported deposit and withdrawal methods, fees, or minimum deposit/withdrawal amounts on its website.
Conclusion:
Traderknows reminds investors that fidelityly is a suspected fraudulent broker with unclear registration and regulatory information and false advertising. The only way to contact them is through email, making their contact method very limited. The website design and content are the same as other fraudulent broker websites like stockfxmarkets.com, Gold Harbor Finance, trustwalletltd.com, prudential-ltd.com, fxdecodefxs, and ogm-fx. Traderknows advises investors to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Fraud" on Traderknows.
