Fidelity Alternative Brokers Compared
We found when trading having a broker you can rely on is essential. If Fidelity does not match your requirements we explain the top Fidelity alternatives and Fidelity competitors in this guide.
The best alternative for Fidelity is IC Markets or Roboforex.
When searching for a Fidelity alternative, there are a few things you need to check. The Fidelity trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements.
We offer a detailed list and examination of the top Fidelity alternatives and competitors feature by feature further below this Fidelity alternatives guide.
If you are looking for a trading platform that offers similar features to Fidelity or Fidelity. Or if you are looking for features that Fidelity does not offer that you require when trading, we will show you the best Fidelity alternative options below.
We highlight the pros and cons of each Fidelity alternative. Maybe you are looking for better customer service from a Fidelity alternative or more competitive Fidelity fees and more financial instruments to trade.
We have listed some reasons why Fidelity may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.
- Fidelity does not allow hedging (See brokers for Hedging here)
- Fidelity does not offer negative balance protection (See Fidelity alternatives who offer negative balance protection here)
- Fidelity does not offer Guaranteed Stop Loss (See Fidelity alternatives who offer Guaranteed Stop Loss here)
- Fidelity does not allow Scalping (See brokers for scalping here)
- STP accounts are not offered by Fidelity (Look here for Fidelity alternatives offering STP accounts)
- Fidelity does not offer MT4 (See Fidelity alternatives offering the MT4 trading platform here)
- MT5 is not offered by Fidelity (find Fidelity alternatives that offer the MT5 trading platform here)
- cTrader is not offered by Fidelity (find Fidelity alternatives offering the cTrader trading platform here)
- Fidelity does not offer Micro accounts (Check here for Fidelity alternatives offering micro accounts)
- Fidelity does not offer VIP accounts (Check here for Fidelity alternatives offering VIP accounts)
Top Fidelity Alternative is IC Markets
| Broker |  |
 |
 |
|---|---|---|---|
| Rating | ★★★☆☆ 3/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | Fidelity Mobile, Android (Google Play), iOS (App Store), Trading Dashboard, Active Trader Pro | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows |
| 📋 Instruments Available | 1000000 | 2250 | 12000 |
| 📈 Stocks Offered | 2100 | 0 | |
| 💎 Crypto | No | Yes | No |
| 💹 Forex Pairs | 61 | 35 | |
| 📈 Commodities | 0 | 20 | 21 |
| 💰 Min Deposit | 0 | 200 | 10 |
| 👱♂️ Used By | 44,200,000+ users | 200,000+ users | 730,000+ users |
| 📆 Founded | 2008 | 2007 | 2009 |
| 👮♂️ Regulation | Financial Industry Regulatory Authority (FINRA) (CRD#: 7784), Securities and Exchange Commission (SEC) (SEC#: 8-23292), Commodity Futures Trading Commission (CFTC) (NFA ID: 0308076) through National Futures Association (NFA) registration | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund |
| 🌍 HQ | USA | Australia | Belize |
| 🚫 Excluded Countries | US | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
If you want to see a more indepth feature by feature Fidelity alternative comparison, you can scroll further down here.
