Fidelityvs
FXOpenStock Broker Comparison
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.
Our Verdict
Fidelity winsClear Winner
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.
Fidelity
4.6/5
FXOpen
3.6/5
Key Differences
- 1Commission model: Fidelity offers commission-free US stocks and ETFs; FXOpen does not.
- 2Global exchange access: Fidelity covers 10 exchanges; FXOpen covers 5.
- 3Compensation scheme: FXOpen has one; Fidelity does not.
Who should choose Fidelity vs FXOpen?
Find out which stock broker best suits your investing profile.
Verdict by Trader Profile
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Best for low cost trading
Recommended
Fidelity wins, offering commission-free trading and zero-expense funds.
Best for safety & regulation
Recommended
Fidelity vs FXOpen: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| 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 |
Fidelity vs FXOpen Stock Broker Pros & Cons
Pros
- Proprietary ZERO expense ratio index funds with no investment minimum
- Commission-free US stock and ETF trading
- Active Trader Pro platform with advanced equity and options tools
- Research from 20+ third-party providers including Morningstar and Zacks
- Best-in-class fixed income desk with competitive bond markups
- Excess SIPC coverage up to $1 billion per customer
Cons
Fidelity vs FXOpen: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
6
Fidelity
criteria wins
2
FXOpen
criteria wins
Highlighted rows show where the two brokers differ
| 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 vs FXOpen: Frequently Asked Questions
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 Proprietary Web/Mobile, Active Trader Pro, while FXOpen supports MetaTrader 5, cTrader, MetaTrader 4. Fidelity has exclusive access to Proprietary Web/Mobile and Active Trader Pro. FXOpen has exclusive access to MetaTrader 5 and cTrader 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.
