Fidelis Capital Markets Review 2026
The full Fidelis Capital Markets write-up for Pakistan traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in Pakistan
| Regulator | FSA FSA, Seychelles Financial Services Authority (FSA) |
| Licence Number | SD052 |
| Regulated Entity | Fidelis CM Ltd |
| Max Leverage (Forex) | 1:400 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 0.1 pips |
| Instruments | 300+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | No inactivity fee |
Verdict
Cooks under FSA (licence SD052). Cover charge $100. In Pakistan, forex leverage is capped at 1:400.
About Fidelis Capital Markets
Fidelis Capital Markets opened its doors in 2010 out of a kitchen in Victoria, Seychelles. Its menu runs to 300 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by Fidelis CM Ltd under FSA.
In Pakistan, Fidelis Capital Markets serves as Fidelis CM Ltd, cleared by FSA under licence number SD052. Under FSA house rules, Pakistan traders are poured no more than 1:400 leverage on forex pairs.
Trading Platforms
Pros
- FSA regulated, licence SD052
- 300+ instruments to trade
- Negative balance protection in Pakistan
- Platforms: MT4, MT5
- Founded in 2010 (16 years operating)
- Tight EUR/USD spread from 0.1 pips
Cons
- No inactivity fee
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is Fidelis Capital Markets regulated?
Yes. Fidelis Capital Markets is authorised by FSA, issued to the entity Fidelis CM Ltd, an authorisation you can look up for yourself on the official FSA public register.
What is the minimum deposit for Fidelis Capital Markets in Pakistan?
The cover charge is $100, the smallest amount Pakistan traders need to open a live account with Fidelis Capital Markets under FSA rules.
What leverage does Fidelis Capital Markets offer in Pakistan?
In Pakistan, FSA rules cap Fidelis Capital Markets at 1:400 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is Fidelis Capital Markets safe to trade with?
The kitchen passes inspection: Fidelis Capital Markets cooks under FSA. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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