Fidelcrest Review (2026): The Prop Firm That Went Dark — and Came Back Selling Challenges
Prop Firm Red Flags · Entry #2Most entries in this series pick apart a firm’s rules and fine print. Fidelcrest doesn’t require that much archaeology, because it already ran the experiment every prop trader dreads: it took the fees, then vanished. On March 4, 2024, Fidelcrest suspended all operations, promised to be back “in weeks,” left funded traders unpaid, refused refunds to challenge-holders in good standing, and went silent for the better part of two years. As of mid-2026 the lights are back on and the same company is selling challenges again — which, as red flags go, is about as red as they come. Trustpilot
Who Fidelcrest is (and was)
Fidelcrest launched in 2018 out of Nicosia, Cyprus, and became one of the genuine pioneers of the modern prop-firm era — it invented the “Aggressive” account type (double the profit target and double the drawdown for a fatter 90% split) that half the industry later copied. At its peak it dangled some of the biggest numbers around: account sizes up to $1M, a scaling path to $2M, and a stack of “best prop firm” trophies from pay-to-play industry magazines. It looked, and marketed itself, like the grown-up in the room. Fidelcrest
Then the room caught fire. In early 2024, MetaQuotes purged retail prop firms from the MetaTrader ecosystem, and dozens of firms scrambled for new tech and liquidity. Most that survived communicated, migrated, and kept paying. Fidelcrest chose a different path: it stopped. To understand why a firm’s crisis behavior matters more than its marketing, it helps to see the real cost structure first — that’s the entire point of our forex prop firm true cost breakdown. Trustpilot
It already did the one thing you can’t recover from — it disappeared
On March 4, 2024, Fidelcrest suspended everything, citing the loss of its MetaTrader licensing and liquidity provider. Traders got two updates: one the day of the halt, and one about three weeks later that promised resumption “in days” while admitting in the same breath that no provider had actually been found. After that: nothing. No platform messages, no support replies, no payouts. Funded traders who’d followed every rule were simply cut off from their money. A prop firm’s entire job is to be the counterparty that pays you when you win — and Fidelcrest stopped being that counterparty overnight. Trustpilot
It kept the money — including from people who never got to trade
The truly damning detail isn’t the shutdown; plenty of firms hit the same MetaQuotes wall in 2024. It’s that Fidelcrest refused to refund traders who were holding active, good-standing challenge accounts they could no longer use, and never made its stranded funded traders whole. Reviewers described paid-for challenges frozen as “failed,” insurance and protection add-ons rendered worthless, and entry fees pocketed for a service the firm could no longer provide. When your crisis plan is “keep the fees and stop answering email,” you’ve told every future customer exactly how you’ll treat them on their worst day. Trustpilot
It’s back — with the same storefront and no visible apology
Here’s the part most of the internet hasn’t caught up to: Fidelcrest is operating again. The live site runs under the identical legal entity — Fidelcrest Ltd, Nicosia, company number HE413263 — and as of mid-2026 it’s publishing fresh blog posts, listing prices (a $250K Pro account for €999), and inviting sign-ups as though the intermission never happened. The homepage still promises profits are “paid always in time,” which is a bold sentence from a firm whose defining act was not paying on time. There is no public evidence the traders it stranded in 2024 were ever refunded or paid. Fidelcrest
| What the 2026 site promises | What the 2024 shutdown delivered |
|---|---|
| “Paid always in time” | Funded traders cut off, unpaid, for months+ |
| “Get your challenge fee refunded with your first payout” | Refunds refused to good-standing challenge holders |
| “Trader Support & Customer Satisfaction” | Support channels went fully silent |
| Manage up to $2,000,000 | Managed to manage an exit instead |
You don’t know who’s behind it — or who actually holds the capital
Fidelcrest publishes no named CEO and no named leadership; it describes itself as run by an unnamed “team” and, by some accounts, a board of investors it declines to detail. Its own model adds another layer of fog: pass the evaluation and you’re “recommended to a 3rd-party proprietary firm” to manage the funded account — a third party the site never names. So the entity taking your fee, the entity supposedly holding the capital, and the people accountable for either are all either anonymous or undisclosed. That’s a lot of trust to extend to a firm that already spent it once. Fidelcrest
The internet can’t agree whether it’s alive, and the affiliates have a reason
Search Fidelcrest today and you’ll get whiplash. Several independent trackers still list it as permanently defunct, closed on March 4, 2024, and warn you not to buy anything. A parallel set of “2026 review” pages describe it as a thriving 8-out-of-10 firm with recent rule updates — and many of those pages carry affiliate links paying roughly 15% per sale. A dead firm’s page is worthless to an affiliate; a “back and better than ever” page is not. When the sources cheering loudest for a firm are the ones paid per signup, weight their enthusiasm accordingly. Fidelcrest
In fairness to Fidelcrest
An honest teardown has to include the other side. The 2024 MetaQuotes exodus was a genuine industry-wide shock that pushed dozens of firms under, and being caught by it wasn’t unique or automatically dishonest. Relaunching a business isn’t fraud, and it’s possible the reconstituted Fidelcrest intends to operate cleanly and pay reliably going forward. If you can independently verify that current funded traders are being paid on schedule — and, ideally, that the 2024 victims were eventually made whole — that would meaningfully change the risk picture. We just haven’t seen that evidence, and “trust us, this time” is not a trading edge. Fidelcrest
The bottom line
Fidelcrest is the cleanest case study this series will ever hand you. Strip away the awards, the $2M ceiling, and the 90% split, and you’re left with one fact that outweighs all of them: this firm took traders’ money and went dark, refused refunds, never visibly made anyone whole, and has now reopened the same doors hoping you didn’t keep the receipts. Maybe the relaunch is sincere. But you don’t get to un-ring the “we stopped paying” bell, and there are dozens of firms that never rang it at all. Don’t fund a Fidelcrest challenge with a single dollar you’d be unwilling to light on fire — and if you want a firm that’s actually earned its keep, start with our prop firm comparison tool and the true cost hub instead.
Frequently asked questions
Is Fidelcrest still in business in 2026?
Yes — after suspending all operations on March 4, 2024, Fidelcrest’s website is live again under the same legal entity (Fidelcrest Ltd, Cyprus), publishing content and selling challenges as of mid-2026. Whether the relaunched firm pays reliably is unproven, and many trackers still list it as defunct, so verify current payouts yourself before spending anything.
What happened to Fidelcrest in 2024?
On March 4, 2024, Fidelcrest halted all operations, citing the loss of its MetaTrader licensing and liquidity provider. It promised to return “in weeks,” then went silent, stopped responding to support requests, left funded traders unpaid, and refused refunds to traders holding active challenge accounts in good standing.
Did Fidelcrest refund or pay the traders it stranded?
There is no public evidence that Fidelcrest refunded challenge fees or paid out its stranded funded traders from the 2024 shutdown. Public reviews from that period describe unanswered emails, frozen accounts marked “failed,” and no restitution.
Is Fidelcrest a scam?
We won’t call the relaunched firm a scam, because there’s no verified finding of ongoing fraud. What’s documented is that it stopped operating, kept fees, and went silent in 2024 — behavior that drew widespread fraud accusations. Treat it as a high counterparty risk regardless of how the current site looks.
Should I use Fidelcrest now that it’s back?
Our view is no — not while dozens of firms with unbroken track records exist. If you insist on testing it, use the smallest possible account, withdraw at the first opportunity, document everything, and never treat it as your only funded account.
Sources: Fidelcrest’s official website (fidelcrest.com), including its live 2026 program pages and terms; public trader reviews and the firm’s own shutdown announcements as recorded on Trustpilot. Firm-side context is included for balance.
