A Swiss office, nice statements about reliability, and promises of favorable conditions — all of this sounds appealing, but why is there no regulation? Fidelis Reservo only seems like a safe broker on paper, but in reality, it is most likely just another scam waiting for a victim to deposit money. Read our review to find out why trading here is not a good idea.
Brief Overview
- 🖥Official Website: https://fidelisreservo.net
- ✈️Contact Address: Boulevard du Théâtre 8-10, CH-1204 Geneva, Switzerland
- 📞Customer Support: support@fidelisreservogroup.net, +41717798835
- 🔐Licensing and Accreditation: –
- ⏳Track Record: 2024
- 🧰Specialization: brokerage service
- 🤝Terms of Cooperation: $5,000, 1:20
- 💰Additional Services: personal advisor, market insights
Fidelisreservo.net Examination
As always, let’s start by reviewing Fidelis Reservo’s official website. Immediately, we can note several serious shortcomings.
The texts are often overloaded with abstract phrases and slogans that fail to provide a clear understanding of the specific services or advantages the platform offers. For example, phrases like “we are revolutionizing the financial landscape” or “you deserve financial freedom” sound grand, but they lack the substance that would help users make a decision about partnering with the company. This doesn’t add value, especially for those looking for a quick explanation of how the platform works and what specific services it provides.
Fidelis Reservo does not disclose any licenses, nor do they mention if they even have them. Additionally, there’s no information about their operational history or many other aspects of their activities. In fact, it takes a lot of time to read all the content available on the website. Traders are made to waste time studying useless information, receiving nothing in return.
At the top, there’s the standard menu, but there’s no button to switch languages. It seems that only English is supported. The images were taken from the internet with a simple Google search. These are not unique images.
Fidelis Reservo tried to create a high-quality and attractive official website, but they failed. Instead, we’re presented with something resembling a book without a plot. You can spend a lot of time studying it, but still not get answers to important questions.
Company Contacts
The broker provided several email addresses for different types of inquiries: technical support, legal questions, and the financial department. Additionally, Fidelis Reservo listed five phone numbers: Australia, the United Kingdom, Switzerland, the Netherlands, and Canada. Interestingly, no addresses are listed apart from the Swiss office.
There are also no other ways to communicate with a manager that would offer advantages over phone and email. An online chat is a convenient tool for urgent questions and quick problem resolution, but it is absent on the Fidelis Reservo website. There are also no messengers or social media accounts.
Key Conditions
To begin trading, traders are required to deposit a significant amount — at least $5,000. This deposit is necessary to activate the first type of account. There are a total of five account types, and the better the plan, the more money is required. In this way, Fidelis Reservo lures clients into depositing as much as possible.
The type of account affects many terms and conditions:
- Leverage 1:2-1:30.
- Commission from 2.3% to 5%.
- Spread 0-0.2%.
- Bonus on deposit 25-75%.
Furthermore, the company promises additional services. The logic here is the same: the better the account type, the more privileges. Personal managers, market insights, account protection, and others. These services are used to attract clients, but in reality, they are simply marketing tricks.
The commissions are very high. Traders will also have to pay a spread. Compared to other, more well-known firms, trading with Fidelis Reservo is simply not profitable. The commission should not exceed 0.3%, otherwise there’s no point in trading, as no profit will be made.
It’s unclear how the broker attempts to compete with other firms. There’s a huge minimum deposit, but no guarantees. The business model is 100% B-Book, meaning users’ trades are not passed on to the interbank market or liquidity providers. The leverage is very low, but this is actually a plus. However, bonuses up to 75% are a clear sign of a questionable platform.
Exposing Fidelis Reservo
So, we’ve established that dealing with this platform is not beneficial. Now, we need to determine if it’s safe to store a deposit here. Any forex broker is required to obtain a license, but the company in question says nothing about regulation. This in itself is already a red flag. If the company truly held licenses, it would display them on the homepage: the number, a link to the regulator’s register, and details.
According to the official website, their headquarters are in Switzerland. Therefore, the company should have obtained a license from FINMA. However, it has not done so. There is no Fidelis Reservo listed in the FINMA register. This is because such an organization simply does not exist in Switzerland. The address the scammers provide is fake. A check of legal entities confirms this.
So, it turns out that the company is not officially registered and has no licenses. All the facts and statements are just fake, and they cannot be trusted.
Moreover, the platform lacks solid operational experience. Since there is no registered legal entity, we cannot look up the actual founding date in the registry. However, there is another way to find out how long the company has been in the market. Let’s check the domain of the official website, fidelisreservo.net, to see when it was launched. So, the scammers acquired the domain on August 8, 2024, which is less than a year ago.
What Reviews Do Users Leave?
Fake positive reviews are a clear red flag for any broker, and in the case of Fidelis Reservo, this is especially noticeable. The comments read like paid content, with generic phrases like “withdrawals are fast” or “spreads are low”, but without any specifics. Real traders usually share details about their trading experiences, but such reviews provide no clarity about the actual experience.
Conclusions
There are many advantages and flashy words, but no guarantees of reliability. Fidelis Reservo is a classic example of an illegal and fraudulent broker that has only created the illusion of seriousness and safety, while in reality, it lures inexperienced traders in to steal their funds.
Pros/Cons
- Not found.
- Inadequate trading conditions: high initial deposit and high commissions.
- Illegal activity — there is no regulation.
- The real term of work is less than a year.
- Fake legal address in Switzerland.
- Fake positive reviews.
These are scammers! 100%, guaranteed. I laugh when I read fake reviews about Fidelis Reservo. In the comments, they claim it’s a MetaTrader 5 platform – THIS IS COMPLETE NONSENSE! There is no MT5 here and never has been. In short, this is a fake broker and an outright scam. Don’t even think about investing money here. I’m sure you won’t get anything back!