In a head-to-head of mature US-focused investing power versus diversified global market access, Fidelity and FP Markets clash over cost, long-term features, and platform strength.
Find out which stock broker best suits your investing profile.
Choose if…
Choose Fidelity if you want commission-free US stock trading.
Choose if…
Choose FP Markets if you want IRESS DMA access to major exchanges.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
| Editorial score | 4.6/ 5 | 4.1/ 5 |
|---|---|---|
| Min deposit | N/A | $100 |
| Spreads from | N/A | 0 pips |
| Commission / lot | N/A | $6/lot |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Fidelity | FP Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Fail | Pass |
| Costs | ||
| Commission-free trading | Pass | Fail |
| No deposit fee | Pass | — |
| Features | ||
| Fractional shares | Pass | Fail |
| Dividend reinvestment (DRIP) | Pass | Fail |
| Extended hours trading | Pass | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Pass | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
Fidelity rates 4.6/5 versus 4.1/5 for FP Markets. Fidelity edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
FP Markets starts from 0. Current spread data is not available for Fidelity. Check both brokers' websites for up-to-date spread and commission pricing.
FP Markets requires $100. Minimum deposit information is not currently available for Fidelity.
Both Fidelity and FP Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, FP Markets provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each broker's site before deciding.
Fidelity lists maximum leverage of 1:4, while FP Markets lists up to 20:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
FP Markets charges $6 per trade on commission-based accounts. Commission details for Fidelity are not currently available. Check their website for up-to-date pricing. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
Fidelity supports Active Trader Pro, Proprietary Web/Mobile, while FP Markets supports IRESS, cTrader, MetaTrader 5, TradingView, MetaTrader 4. Fidelity has exclusive access to Active Trader Pro and Proprietary Web/Mobile. FP Markets has exclusive access to IRESS and cTrader and MetaTrader 5 and TradingView and MetaTrader 4.
Fidelity offers commission-free stock trading while FP Markets does not according to our data. Commission-free trading can reduce costs for frequent traders. Always confirm the current fee structure directly on each broker's website.
FP Markets scores higher on investor protection criteria, with compensation scheme coverage and segregated client funds. For stock investors, confirming compensation scheme coverage ensures your assets are protected up to a defined limit if the broker becomes insolvent.
Fidelity wins for low-cost trading with commission-free US stock and ETF trades.
FP Markets wins safety & regulation with ASIC and CySEC oversight plus compensation scheme.
Fidelity is best for long-term investors with zero-expense index funds and DRIP options.
Fidelity is best for active traders with Active Trader Pro and advanced equity tools.
Fidelity is best for beginners with no minimum account and broad educational resources.
FP Markets is best for global access with 15 exchanges and DMA options.
| N/A |
| 0.6 pips |
| Inactivity fee | None | None |
|---|
| Deposit fee | Free | Free |
|---|
| Deposit methods | Bank transferACHWire transferCheque | Bank transferCredit cardDebit cardSkrillNetellerPOLiPayPal |
|---|
| Withdrawal methods | Bank transferACHWire transferCheque | Bank transferCredit cardSkrillNetellerPOLi |
|---|
| Withdrawal fee | Free EFT; $10 wire transfer | Free |
|---|
| Commission-free | Yes | No |
|---|
| Fractional shares | Yes | No |
|---|
| Dividend reinvestment | Yes | No |
|---|
| Extended hours | Yes | No |
|---|
| IPO access | No | No |
|---|
| Short selling | Yes | Yes |
|---|
| Regulators | SEC FINRA | ASIC CySEC |
|---|
| Platforms | Active Trader Pro Proprietary Web/Mobile | IRESS cTrader MetaTrader 5 TradingView MetaTrader 4 |
|---|
| Active bonuses | 2 offers | None |
|---|
Fidelity edges FP Markets on overall editorial score (4.6 vs 4.1) with stronger trust, fees, and platforms.
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
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