Fidelis Capital Markets Review 2026
Full Fidelis Capital Markets review for South Africa traders — regulation, spreads, fees and our honest verdict.
Regulation in South Africa
| 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
Regulated by FSA (licence SD052). Minimum deposit $100. In South Africa: maximum forex leverage 1:400.
About Fidelis Capital Markets
Fidelis Capital Markets was founded in 2010 and is headquartered in Victoria, Seychelles. The broker offers 300 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by Fidelis CM Ltd under FSA.
In South Africa, Fidelis Capital Markets operates as Fidelis CM Ltd, authorised by FSA under licence number SD052. South Africa traders are subject to a maximum leverage of 1:400 on forex pairs under FSA rules.
Trading Platforms
Pros
- FSA regulated — licence SD052
- 300+ instruments to trade
- Negative balance protection in South Africa
- Platforms: MT4, MT5
Cons
- No inactivity fee
- 76% of retail clients lose money
- CFD trading — you do not own the underlying asset
- No real stock ownership
Frequently Asked Questions
Is Fidelis Capital Markets regulated?
Fidelis Capital Markets holds FSA licence SD052, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official FSA public register.
What is the minimum deposit for Fidelis Capital Markets in South Africa?
The minimum deposit is $100. This is the amount required to open a live trading account for traders in South Africa under FSA regulation.
What leverage does Fidelis Capital Markets offer in South Africa?
In South Africa, Fidelis Capital Markets offers maximum forex leverage of 1:400 under FSA rules. Higher leverage may be available through offshore-regulated entities.
Is Fidelis Capital Markets safe to trade with?
Fidelis Capital Markets is regulated by FSA, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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