This comparison contrasts Fidelity's low-cost, research-rich offering with FXOpen's regulated ECN execution across multiple platforms. The tension centers on cost, access to markets, and platform depth.
Find out which stock broker best suits your investing profile.
Choose if…
Choose Fidelity if you want commission-free US stocks and ETFs. You also gain zero-expense-ratio index funds and strong research.
Choose if…
Choose FXOpen if you want regulated ECN execution with stock CFDs. You access MT4/MT5 and TickTrader for professional equity trading.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
| Editorial score | 4.6/ 5 | 3.6/ 5 |
|---|---|---|
| Min deposit | N/A | $100 |
| Spreads from | N/A | 0 pips |
| Commission / lot | N/A | $3/lot |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Fidelity | FXOpen |
|---|---|---|
| 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 | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
Fidelity rates 4.6/5 versus 3.6/5 for FXOpen. Fidelity edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
FXOpen starts from 0. Current spread data is not available for Fidelity. Check both brokers' websites for up-to-date spread and commission pricing.
FXOpen requires $100. Minimum deposit information is not currently available for Fidelity.
Both Fidelity and FXOpen 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, FXOpen 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 FXOpen lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
FXOpen charges $3 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 FXOpen supports cTrader, MetaTrader 5, MetaTrader 4. Fidelity has exclusive access to Active Trader Pro and Proprietary Web/Mobile. FXOpen has exclusive access to cTrader and MetaTrader 5 and MetaTrader 4.
Fidelity offers commission-free stock trading while FXOpen 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.
FXOpen 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, offering commission-free trading and zero-expense funds.
FXOpen has multi-jurisdiction regulation with FCA/ASIC and FSCS protection.
Fidelity wins with zero-expense index funds, DRIP, and fractional shares.
Fidelity wins with Active Trader Pro and advanced equity tools.
Fidelity wins for beginners with zero-minimum index funds and commission-free trading.
Fidelity wins global market access by covering 10 exchanges versus 5.
| N/A |
| 0.3 pips |
| Inactivity fee | None | None |
|---|
| Deposit fee | Free | Free |
|---|
| Deposit methods | Bank transferACHWire transferCheque | Bank transferCredit cardDebit cardSkrillNetellerCrypto |
|---|
| Withdrawal methods | Bank transferACHWire transferCheque | Bank transferCredit cardSkrillNetellerCrypto |
|---|
| 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 FCA |
|---|
| Platforms | Active Trader Pro Proprietary Web/Mobile | cTrader MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses | 2 offers | None |
|---|
Fidelity is the overall winner on editorial score, scoring 4.6 vs 3.6. Fidelity's edge comes from commission-free trading and zero-expense funds plus robust research.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.6 / 5
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