Summary

Recommended for beginners and long-term investors focusing on the UK market

Fidelity International is a UK-based stockbroker. It was originally established in 1969 as the international investment subsidiary of US-based Fidelity Investments before being spun off as an independent business in 1980. It is a privately-held company and is regulated by the UK's Financial Conduct Authority (FCA). 

Fidelity International is considered safe because it has a long track record and is regulated by a top-tier financial authority.

Overall Rating
4.4
Fees
4.1
Account opening
3.0
Deposit and withdrawal
3.8
Trading platform
4.0
Markets and products
1.4
Research
4.0
Customer service
3.9
Education
2.5

Fidelity International pros and cons

Fidelity International has low trading and non-trading fees, and there are also no deposit/withdrawal fees. The web and mobile platforms are well-designed and user-friendly, and there are many useful research tools, including expert articles and trading ideas.

On the negative side, the product selection is limited, as only stocks, ETFs and mutual funds are available. Also, the minimum deposit is relatively high and you cannot use electronic wallets to fund your account.

Pros Cons
Low fund fees and non-trading fees Limited product selection
User-friendly trading platform High minimum deposit
Great research tools Electronic wallets not available
Fidelity International main features and highlights
🗺️ Country of regulation UK
💰 Trading fees class Low
💰 Inactivity fee charged No
💰 Withdrawal fee amount $0
💰 Minimum deposit $1,240
🕖 Time to open an account 1 day
💳 Deposit with credit/debit card Available
👛 Depositing with electronic wallet Not available
💱 Number of base currencies supported 1
🎮 Demo account provided No
🛍️ Products offered Stock, ETF, Fund, Investment Trusts
Tamás Deme

Tamás Deme

Content Editor

Author of this review

Tamás believes in clear and simple writing that is accessible to everyone. He has almost 20 years of experience as a financial journalist, as well as an editor and proofreader. He previously worked at Interfax news agency and wrote about M&A deals for EMIS DealWatch.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

Fidelity International review
Fees

4.1
Fidelity International has low fund fees, but the stock and ETF fees are average. It has low non-trading fees as well: no inactivity or withdrawal fees are charged.
Pros Cons
No withdrawal fee Average stock and ETF fees
No inactivity fee
Fidelity International fees snapshot
Assets Fee level Fee terms
US stock - Not available
EURUSD - Not available
Mutual fund Low Annual fee based on investments held: £45 flat fee under £7.5k and no monthly regular savings plan (RSP); 0.35% under £7.5k but with RSP, and between £7.5k-£250k; 0.20% between £250k-£1m; no fee on investments over £1m
Inactivity fee Low No Inactivity fee

How we ranked fees

We ranked Fidelity International's fee levels as low, average or high based on how they compare to those of all reviewed brokers.

First, let's go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees.

In the sections below, you will find the most relevant fees of Fidelity International for each asset class. For example, in the case of stock investing the most important fees are commissions.

We also compared Fidelity International's fees with those of two similar brokers we selected, Hargreaves Lansdown and Charles Stanley Direct. This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of Fidelity International alternatives.

To have a clear overview of Fidelity International, let's start with the trading fees.

Fidelity International trading fees

Fidelity International has low mutual fund fees and average stock/ETF fees.

Stock fees and ETF fees

Fidelity International has generally average stock and ETF fees. Its UK stock fees are in line with other similar competitors.

Fidelity International stock and ETF commission of a $2,000 trade
  Fidelity International Hargreaves Lansdown Charles Stanley Direct
US stock - $14.3 -
UK stock $12.0 $14.3 $13.8
German stock - $14.3 -

Fidelity International charges a £10 flat-fee if you don't invest with a regular savings plan, while £1.5 if you do so. Share dealing orders made by phone are charged £30 each.

If you open a tax-advantaged account, like ISA/SIPP account, there is also an annual service fee you'll be charged. The annual service depends on whether you choose regular savings plans or not. The regular savings plan means that you regularly transfer an amount to your account, which is then invested.

Fidelity International stock/ETF annual service fees for tax-advantaged accounts
  Fees without a regular savings plan  Fees with a regular savings plan
Annual service fee for investments less than £7,5k* £45 0.35% (capped at £45)
Annual service fee for investments between £7,5k - £250k 0.35% (capped at £45)
Annual service fee for investments between £250k - £1 million 0.20% (capped at £45)
Annual service fee for investments above £1 million 0.20% for the first 1 million (capped at £45), no fee above that

*If you open a Junior ISA/SIPP account, the annual service fee for investments less than £7,5k is £25.

Fund fees

Fidelity International fund fees are low. It's similar to Hargreaves Lansdown and Charles Stanley Direct.

Fidelity International commission for a $2,000 fund purchase
  Fidelity International Hargreaves Lansdown Charles Stanley Direct
Mutual fund $0.0 $0.0 $0.0

Fidelity International doesn't charge a commission for buying or selling funds, it charges only an annual service fee. The annual service fee depends on whether you invest in funds with a regular savings plan or not.

Fidelity International fund fees
  Fees without a regular savings plan  Fees with a regular savings plan
Annual service fee for investments less than £7,5k* £45 0.35%
Annual service fee for investments between £7,5k - £250k 0.35%
Annual service fee for investments between £250k - £1 million 0.20%
Annual service fee for investments above £1 million 0.20% for the first 1 million, no fee above that

*If you open a Junior ISA/SIPP account, the annual service fee for investments less than £7,5k is £25.

Non-trading fees

Fidelity International has low non-trading fees.

There are no inactivity or account fees, and Fidelity International also does not charge any fees after deposits and withdrawals.

Fidelity International non-trading fees
  Fidelity International Hargreaves Lansdown Charles Stanley Direct
Account fee No No No
Inactivity fee No No No
Deposit fee $0 $0 $0
Withdrawal fee $0 $0 $0

Fidelity International review
Account opening

3.0
Fidelity International's account opening process is quick and easy if you can be verified electronically. However, if this fails, you have to send your photocopied documents by post.
Pros Cons
Fast Minimum deposit is higher than $500
User-friendly Only for UK residents
Fully online for most clients Offline account opening for clients who cannot be verified electronically

Can you open an account?

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What is the minimum deposit at Fidelity International?

The required minimum deposit at Fidelity International is £1,000 for an Investment Account, an Individual Savings Account (ISA), and Self-Invested Personal Pension (SIPP) accounts.

There is also an option to create a regular savings plan (RSP) instead of starting with a lump-sum investment — in this case, you can forgo the large £1,000 initial deposit and need to add just £50 per month to your account. You can also choose a different frequency for your investments: either £150 per quarter, £300 every six months, or £600 for an annual RSP.

Account types

Fidelity International has different account types you can choose from:

Fidelity International account types
Account type Short description
Investment Account Basic investment account
Stocks and Shares Individual Savings Account (ISA)  Savings account to invest tax-free up to the yearly limit
Self-Invested Personal Pension (SIPP) Tax-efficient pension investment account
Junior Stocks and Shares ISA ISA account to invest tax-free up on behalf of a child
Junior Self-Invested Personal Pension (SIPP) Tax-efficient pension investment account on behalf of a child

How to open your account

Only UK residents can open an account, for whom the account opening process is usually simple. The whole thing takes about 10 minutes and only the most basic information is required. If they manage to verify your details electronically you won't even need to provide proof of ID or proof of address.

Things start to get complicated if their electronic verification fails. Why would your verification fail? This can happen for a number of reasons, for example, if you have recently moved, either within or to the UK. For a definite answer, you will need to contact Fidelity International.

If your verification fails, then you will need to fill out a confirmation of identity form and post documents verifying your identity and your address. All in all, you will need to send the following:

  • filled-in application form
  • if you have a UK photocard driving license or valid UK passport, you can send a photocopy of one of these to confirm your identity. These do not have to be independently certified.
  • if you do not have any UK ID documents, you can send a photocopy of your national ID card or EU Identity Card. These must be indepentently certified by a third person.
  • to confirm your address, you need to send one of the following documents: UK driving licence (an old-style paper version); (non-UK) photocard driving license; national ID card (with address on the card); a statement issued in the past three months by a UK regulated financial services firm; a council tax bill for the current year; a utility bill issued in the last three months; a mortgage statement; a current tenancy agreement or rent book; a government-issued document about tax or entitlements; or a letter from a commanding officer confirming your residential address if you or your partner is a member of the armed forces.
Fidelity International review - Account opening

Fidelity International review
Deposit and withdrawal

3.8
Depositing and withdrawing money is easy and free with a debit card and fast bank transfers at Fidelity International. However, electronic wallets are not available.
Pros Cons
Credit/Debit card available Electronic wallets not available
Free withdrawal
No deposit fee

Fidelity International deposit fees and options

Fidelity International charges no deposit fees and you can add money to your account for one-off investments via a debit card or by cheque. No electronic wallets are available.

Another option is to create a regular savings plan (RSP) — in this case, you need to add bank account details and the payments will be transferred from that account at regular intervals (e.g. a certain day every month) via direct debit.

Fidelity International deposit options
  Fidelity International Hargreaves Lansdown Charles Stanley Direct
Bank transfer Yes Yes Yes
Credit/Debit card Yes Yes Yes
Electronic wallets No No No

A bank transfer can take several business days, while payment with a credit/debit card is instant.

You can only deposit money from accounts that are in your name.

Fidelity International review - Deposit and withdrawal - Deposit

Fidelity International withdrawal fees and options

Fidelity International charges no withdrawal fees. You can only withdraw money to a bank account you have added to your Fidelity International account.

Fidelity International withdrawal fees and options
  Fidelity International Hargreaves Lansdown Charles Stanley Direct
Bank Transfer Yes Yes Yes
Credit/Debit card No Yes Yes
Electronic wallets No No No
Withdrawal fee $0 $0 $0

How long does it take to withdraw money from Fidelity International? We tested the bank transfer withdrawal and it took 2 business days.

You can only withdraw money to accounts in your name.

How do you withdraw money from Fidelity International?

  • There are several options to start with:
    • after logging in, either click on the 'Manage investments' drop-down menu at the top, or
    • scroll down to the 'Your investments' section in your Account summary, and at the end of the row showing your Cash holdings, click on the 'Options' button  
  • Select 'Withdraw cash
  • Enter the amount you wish to withdraw
  • Add or select the bank account the money should be transferred to
  • Click 'Confirm'

Compare to other brokers

Fidelity International review
Web trading platform

3.7
Fidelity International has a good, user-friendly web platform that is easy to navigate. However, it is not customizable and only limited order types are available.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report Limited order types
Two-step (safer) login No price alerts
Fidelity International platforms to choose from
Trading platform Score Available
Web 3.7 stars Yes
Mobile 4.2 stars Yes
Desktop - No

Fidelity International's web trading platform is available in English.

Look and feel

The Fidelity International web trading platform is user-friendly: it is well-designed and can be easily navigated. However, it cannot be customized to fit the needs of different clients.

Fidelity International review - Web trading platform

Login and security

Fidelity International provides a safer, two-step login. When logging in for the first time from a new computer or browser, a security code will be sent to the email address you registered with.  

Search functions

The search functions are good, working as they are supposed to. You can search by typing in an asset name or ticker, and a relevant list will appear during the search.

You can filter results by asset by clicking on available tabs, to show only mutual funds and investment trusts, or exchange-traded products (stocks and ETFs).

Fidelity International review - Web trading platform - Search

Placing orders

You can use only two order types: Market, Limit. To get a better understanding of these terms, read this overview of order types.

There is also one order time limit that you can use, which is a Day order.

Fidelity International review - Web trading platform - Order panel

Alerts and notifications

You cannot set price alerts and notifications in Fidelity International's web trading platform.

Portfolio and fee reports

Fidelity International has clear portfolio and fee reports. These reports can be found in the 'Transaction history & reports' menu at the top.

You can also see the fees you paid in the 'Account summary' section, in the 'Book cost' column for each asset. This however only shows the assets you currently hold in your portfolio. 

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Fidelity International review
Mobile trading platform

4.2
Fidelity International has a great mobile trading platform. It is user-friendly and well-designed, although only limited order types are available and you cannot set price alerts.
Pros Cons
User-friendly Limited order types
Two-step (safer) login No price alerts
Good search function

The mobile trading platform is the same as the web platform.

It is well-designed and user-friendly. You can set two-step authentication and can log in using biometric authentication. On the other hand, the order types are limited and you can't set price alert.

Fidelity International review - Mobile trading platform

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Fidelity International review
Desktop trading platform

Fidelity International does not offer a desktop trading platform.

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Fidelity International review
Markets and products

1.4
Fidelity International has a limited product portfolio. Only stocks and ETFs traded on the London Stock Exchange are available, but there is a good selection of funds. You cannot trade with forex, CFDs or cryptos, and there are also no options or futures.
Fidelity International asset classes
  Fidelity International Hargreaves Lansdown Charles Stanley Direct
Stock Yes Yes Yes
ETF Yes Yes Yes
Forex No No No
Fund Yes Yes Yes
Bond No Yes No
Options No No No
Futures No No No
CFD No No No
Crypto No No No

Fidelity International has a limited product portfolio. You can invest and trade with stocks, ETFs, funds and investment trusts. Fidelity International has a good selection of funds, on par with its main competitors. However, its selection of exchange-traded investments, such as stocks and ETFs, is quite limited as it only offers products that are traded on the London Stock Exchange and are denominated in GBP.

You cannot invest in bonds, and forex, CFDs and cryptos are not available either. There is no options or futures trading at Fidelity International. 

Stocks and ETFs

Fidelity International gives you access only to the London Stock Exchange. 

Accordingly, the range of stocks and ETFs available is quite limited, comparing poorly to similar competitors like Hargreaves Lansdown or Charles Stanley Direct.

Fidelity International stock and ETF selection
  Fidelity International Hargreaves Lansdown Charles Stanley Direct
Stock markets (#) 1 21 1
ETFs (#) 280 1,400 1,200

Funds

Fidelity International's selection of mutual funds is quite extensive. 

Fidelity International mutual fund selection
  Fidelity International Hargreaves Lansdown Charles Stanley Direct
Fund providers (#) 150 160 220

A wide selection of more than 3,000 funds are available from around 150 providers. In addition to Fidelity International's own funds, many funds managed by major providers like BlackRock and Vanguard are accessible through Fidelity International.

Investment Trusts

Fidelity International also offers the possibility to invest into Investment Trusts, which are basically funds registered as public limited companies. These can invest in other companies and are traded on a stock exchange themselves. There is a selection of around 180 Investment Trusts offered by various providers that Fidelity International clients can choose from.

Fidelity International review
Research

4.0
Fidelity International has a great research section full of useful features and tools, such as trading ideas and fundamental data. However, there aren't any more sophisticated charting tools.
Pros Cons
Trading ideas Only basic charting and analytics tools
Data on asset fundamentals
Quality news flow

We looked at the research tools available on the web trading platform. There is an ample selection of research tools, from trading ideas to stock market reports and analyses by Fidelity experts. 

The research tools have nice and clean visuals. However, some of the tools, like the interactive chart, take quite a few clicks to find and get to on first use.

Trading ideas

Fidelity International provides trading ideas for users in the form of 'Investment ideas' articles that can be found in the 'Markets & insights' section. These articles are written by Fidelity's own expert team and cover all assets, including stocks, funds and commodities, presenting their views on recent events and what it could mean for your investments.

Fidelity International review - Research - Recommendations

There is a useful tool in the 'Markets & shares data' section where you can see the Top 10 transacted (bought and sold) investments by other customers on the Fidelity website over the past week, which could also give you some trading ideas. You can see the Top 10 overall, or the top stocks and funds separately, as well as the proportion of buy and sell transactions.

Fidelity International review - Research - Top traded

Fundamental data

Fidelity International offers fundamental data. You can find a lot of useful information on the factsheets for the various investments, ranging from key statistics to a share price chart, news and financials. There is also a fair value estimate and competitor comparison provided by Morningstar for each asset.

Fidelity International review - Research - Fundamental data

Charting

Fidelity International has some standard charting tools. You can use 19 technical indicators on a basic interface. This is more limited than what some other brokers provide.

Fidelity International review - Research - Charting

News feed

There is a good news feed on the Fidelity International platform. You can see the latest news concerning companies on the fundamental data screen, including the most recent company announcements.

More research info

Fidelity International review
Customer service

3.9
Fidelity International's customer service is OK. They give useful and relevant answers, but there is no 24/7 availability and live chat is not available. We also had mixed experiences with email support response time.
Pros Cons
Phone support No live chat
Relevant answers No 24/7 support

You can contact Fidelity International via:

  • phone
  • email

Fidelity International's phone support was great. We were connected immediately, and the customer support team was very friendly and gave relevant answers.

We had mixed experience with email support. You can send secure messages to the support staff from within your account, and the response time varied from 1-2 hours to several days. However, once we got the answers, they were always useful and relevant.

Fidelity International does not offer live chat and support is not available 24/7.

Fidelity International review - Customer Service

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Fidelity International review
Education

2.5
Fidelity International offers a wide range of useful educational materials, like how-to guides and videos, but there are no demo account or webinars.
Pros Cons
Trading platform tutorial No demo account
Educational videos No webinars

At Fidelity International you can learn in the following ways:

  • Platform tutorial videos
  • General educational videos
  • Quality educational articles

The website offers a wide range of useful information to help beginners on their investment journey: there are many guides and videos on investment basics, as well as downloadable brochures on special areas such as setting up a pension savings account. You can also sign up for daily, weekly and quarterly newsletters.

In addition, there are tools that help choose the right investments for you, including various calculators (e.g. retirement, tax and regular savings calculator), risk assessment, chart-and-compare tools, as well as a selection of top-pick funds recommended by Fidelity International experts.

On the negative side, there is no demo account available at Fidelity International.

Fidelity International review - Education

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Fidelity International review
Safety

Fidelity International is regulated by the top-tier FCA, but the company is not listed on a stock exchange and discloses only limited financial information.
Pros Cons
High level of investor protection Does not hold a banking license
All clients belong to a top-tier financial regulator Not listed on stock exchange

Is Fidelity International regulated?

Yes, it is regulated by the UK's Financial Conduct Authority (FCA).

Fidelity International is based in the UK and was founded in 1980.

Is Fidelity International safe?

To be certain if a brokerage is safe, we highly advise that you check two facts:

  • how you are protected if something goes wrong
  • what the background of the broker is

How you are protected

This is important because the investor protection amount differs from regulator to regulator. However, this is not an issue in this case, as all customers are covered by Fidelity, under the legal entity Financial Administration Services Ltd. This means that being regulated by the FCA, there is investor protection for an amount of £85,000.

Fidelity International investor protection
Country of clients Protection amount Regulator Legal entity
All clients £85,000 Financial Conduct Authority (FCA) Financial Administration Services Limited

Background

Fidelity International was established in 1980. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises.

You may have some trouble if you are looking for detailed financial information about the company, as it is not listed on a stock exchange. No detailed annual reports are published; all we could find was a country-by-country group report, with only minimal financial data, and it was located on another Fidelity website. The Fidelity UK group companies are owned by FIL Holdings (UK) Limited, which in turn is owned by FIL Limited, based in Bermuda.

Being regulated by a top-tier authority and having a long track record are good signs for Fidelity International's safety.

Find your safe broker

Fidelity International review
Bottom line

Fidelity International is a UK financial brokerage regulated by the FCA, a top-tier financial authority.

It is a great broker for beginners, as its platform is user-friendly and easy to navigate, and there are many useful research tools to guide you along the way. It is best suited for long-term, buy-and-hold investors with substantial assets or users with a regular savings plan, and has low trading and non-trading fees.

Its main drawback is its limited product portfolio, which includes only UK stocks, ETFs, and mutual funds. Also, a relatively high minimum deposit is required and you can't use electronic wallets for transferring.

If you are looking to start long-term investing and are OK with a limited selection of products, Fidelity International is a good choice for opening an account.

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