FIC
Basic Information
Pros and Cons
Pros
- Regulated by CYSEC
- Diverse range of financial instruments
- Utilizes advanced trading platforms
- Flexible commission structure
- Reliable withdrawal processes reported
Cons
- Complex fee structure
- Limited customer support
- Potential charges for missing IBAN information
- Limited educational resources
Is FIC Safe and Legit?
Fiducial Investments Cyprus Ltd (FIC) is registered in Cyprus with the license number 326/17, operational since 2018, with over five years of experience in the financial services sector. The broker offers a diverse range of trading instruments including Forex, CFDs, ETFs, stocks, bonds, and derivatives, utilizing the MT4 platform and maintaining a flexible commission structure.
FIC is regulated by the Cyprus Securities and Exchange Commission (CYSEC), which ensures compliance with legal standards, thus providing a generally safe trading environment for clients.
In terms of market reputation, FIC has received mixed reviews from users. While many commend the broker for its withdrawal processes and reliability, concerns have been raised regarding its complex fee structure and limited customer support. Overall, user feedback indicates a cautious but generally positive sentiment toward FIC’s operations.
Is FIC a Regulated Broker?
What Are the Regulatory Licenses Held by FIC?
Fiducial Investments Cyprus Ltd (FIC) is regulated by the Cyprus Securities and Exchange Commission (CYSEC), which ensures compliance with legal standards, thus providing a generally safe trading environment for clients. FIC holds a regulated license number 326/17 and has been operational since 2018. This regulatory framework affirms FIC’s legitimacy in the financial services sector, offering clients a level of security in their trading activities.
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
Client funds at Fiducial Investments Cyprus Ltd (FIC) are held in independently regulated bank accounts, separate from the broker’s own assets. This segregation of funds is crucial for ensuring that client capital is protected, aligning with the regulatory standards set by the Cyprus Securities and Exchange Commission (CYSEC).
FIC Leverage
FIC offers leverage in compliance with the legal limits established by the CYSEC. The broker accommodates both retail and professional clients, ensuring that the leverage provided adheres to local regulatory requirements, thus maintaining a responsible trading environment for all classifications of clients.
FIC Withdrawal Review
How to Contact FIC?
Does FIC Have Withdrawal Issues?
Fiducial Investments Cyprus Ltd (FIC) has received mixed feedback regarding withdrawal processes. While some users report satisfaction with the speed and reliability of withdrawals, others express concerns about the complexity of the fee structure, which can lead to misunderstandings. Complaints primarily arise from issues related to fees and customer support, but there are no significant public complaints or regulatory penalties against FIC. Overall, the broker maintains a generally safe trading environment under the regulation of CYSEC, with a reputation for handling complaints without major issues.
Frequently Asked Questions
A1: Yes, Fiducial Investments Cyprus Ltd (FIC) is a legitimate broker regulated by the Cyprus Securities and Exchange Commission (CYSEC) under license number 326/17. This regulation ensures compliance with legal standards, providing a generally safe trading environment for clients.
A2: FIC protects client funds by holding them in independently regulated bank accounts that are separate from the broker’s own assets. This segregation of funds is in line with regulatory standards set by CYSEC, ensuring client capital is safeguarded.
A3: FIC has received mixed feedback regarding its withdrawal processes. While some users report satisfactory experiences with withdrawal speed and reliability, others express concerns about the complexity of the fee structure, which can lead to misunderstandings.
A4: FIC offers customer support through multiple channels, including a phone number at +357 22 502900 and email at info@fidusinvestments.eu. However, feedback indicates that customer support may be limited, which could affect response times.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.