Fidelity vs FXCM compared

Fidelity

FXCM

Fidelity

4.8

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FXCM

4.4

Visit broker

71% of retail CFD accounts lose money

Key differences

Markets and products score
4.0
/5
Customer service score
3.9
/5
Trading platform combined score
4.7
/5

Markets and products score
1.7
/5
Customer service score
5.0
/5
Trading platform combined score
4.0
/5

Recommended for

Beginners
4.1
/5
Equity
4.6
/5

Investors and traders globally

You can open an account in United States

You can't open an account in United States

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score

4.8

Recommended for Investors and traders looking for solid research and great trading platforms

Overall Score

4.4

Recommended for Forex traders looking for easy account opening, funding and withdrawal

Country of origin

USA

Country of origin

Fees

Fees score

3.7

Fees score

4.0

Fees summary

Low trading and non-trading fees, high fund fees

Fees summary

Average trading and non-trading fees, low CFD fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score

3.8

Deposit and withdrawal score

4.0

Number of base currencies

Deposit type

Withdrawal type

Account opening

Account opening score

4.2

Account opening score

4.2

Account opening fully online

Minimum deposit

$50

Time to open account

1-3 days

Time to open account

1-3 days

Required documents

Proof of identity: SSN / passport / national ID card / driver's license

Required documents

Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill

Trading platform

Web platform score

4.5

Web platform score

3.3

Mobile platform score

5.0

Mobile platform score

4.5

Desktop platform score

4.3

Desktop platform score

3.8

Markets and products

Markets and products score

4.0

Markets and products score

1.7

Stocks

Fractional shares

ETFs

Forex

Funds

Bonds

Options

Futures

Crypto

CFDs

CFD disclaimer

Disclaimer: 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score

4.5

Research score

4.3

Charting quality

Great

Charting quality

Great

Education score

5.0

Education score

5.0

Demo account

Customer service

Customer service score

3.9

Customer service score

5.0

Phone

Live chat

24/7 availability

Security

Investor protection amount

$500,000 (securities up to $500,000, cash up to $250,000)

Investor protection amount

£85,000 in the UK, €20,000 in the EU, no protection in other countries

Banking background

Listed on stock exchange

Foundation date

1946

Foundation date

1999

Country of regulation

USA

Country of regulation

UK, Australia, South Africa and Cyprus

Fidelity

For detailed information and hands-on experience, read our review of this broker.

Read Review

FXCM

For detailed information and hands-on experience, read our review of this broker.

Read Review

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

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's service is on par with FXCM's and a comparison of their fees shows that Fidelity's fees are similar to FXCM's.

Account opening takes about the same effort at Fidelity compared to FXCM, deposit and withdrawal processes are about the same quality at Fidelity, while customer service quality is somewhat lower than FXCM's.

Our experts rated the trading platform of Fidelity as somewhat better than the platform of FXCM, found that clients have access to more markets and products with Fidelity, while FXCM provides just about the same quality of research and education.

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Fidelity vs FXCM compared

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