Fidelity Review 2019

Fidelity Rated 3/5
Fidelity have a low rating. We recommend you look at one of their alternative brokers.
Plus500 matches your criteria. Visit Plus500 now here.

Fidelity Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Fidelity we break down the pros and cons. What Fidelity are able to offer, what countries Fidelity are available in. Who Fidelity are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Fidelity

  • Regulated by: Financial Conduct Authority, Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC)
  • Headquarters Country : USA
  • Foundation year 2008
  • Min Deposit : 100
  • Used by over 10,000 traders
  • Fidelity is not available in the following countries :
Open Fidelity's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to Fidelity

With this review we hope to help you see if Fidelity is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Fidelity that will help you get off to a good start in the world of online trading.

Fidelity Review Table of Contents

Fidelity what you should know

Fidelity offer four ways to trade: Forex trading, CFD trading, Social trading, Share Dealing.

With Fidelity you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with Fidelity platform.

Fidelity are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Fidelity safe?

When choosing a broker like Fidelity the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2008, and in operation for 11 years Fidelity have a head office in USA.

Fidelity is regulated. This means Fidelity are supervised by and is checked for conduct by the Financial Conduct Authority, Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Fidelity, this will be honored. If Fidelity violate any regulatory rules their regulated status could be stripped.

Any payments funded to Fidelity accounts by traders are held in a segregated bank account.

For added security Fidelity use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Fidelity. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Fidelity

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like about Fidelity

  • Used by over 10,000 traders
  • Established in 2008
  • Regulated by Financial Conduct Authority, Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC)
  • Min. deposit from $100

What we don't like about Fidelity

Fidelity General Fees

  • Fidelity withdrawal fees varies on payment method
  • Fidelity does charge inactivity fees
  • Fidelity does charge deposit fees

Fidelity Commissions

  • Fidelity does charge commission on CFD shares.

What can you trade with Fidelity?

You can trade a wide variety of instruments with Fidelity over 98 instruments infact.

If you are looking at trading currency pairs Fidelity offer over currency pairs.

Compare Fidelity with XTB and Plus500 below.

Your capital is at risk

FX / Currencies fidelity XTB Plus500
Forex pairs offered 50 100
Major forex pairs Yes Yes Yes
Minor forex pairs No Yes Yes
Exotic forex pairs No Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs Fidelity XTB Plus500
Commodities offered 0 21 17
Metals No Yes Yes
Energies No Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs Fidelity XTB Plus500
Stocks offered 1696 1816
UK Shares No Yes Yes
US Shares Yes Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
fidelity
Instruments
XTB
Instruments
Plus500
Instruments

Trading on Fidelity web platforms and other applications

Fidelity offer a user-friendly custom trading platform, available as both a downloadable program or as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.

Fidelity also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See fidelity's platforms

Fidelity Trading benefits :

  • Low min deposit

Fidelity Trading Accounts Offered :

  • Demo account
  • Managed account
  • Islamic account

Can I try Fidelity before I buy?

Fidelity offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding and withdrawl methods do Fidelity accept?

Fidelity offer the below funding payment methods. learn more about Fidelity

How can I start trading with Fidelity?

When opening a trading account with Fidelity, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Fidelity trading platforms here.

Performing trades with Fidelity

Fidelity allow you to execute a minimum of trade of $4.95. This may vary depending on the account you open. Fidelity allow you to execute a maxium trade of varies.

As a market maker, Fidelity may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Education resources at Fidelity

To trade effectively with Fidelity, it's important to get a have a good understanding of the XTB trading tools and the markets.

Fidelity offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Fidelity.

Take time to look around the Fidelity platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Support at Fidelity

Fidelity support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

What you will need to open an account with Fidelity

As Fidelity is regulated by Financial Conduct Authority, Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Fidelity's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Fidelity you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.fidelity.com/ on 12th August 2018.

Fidelity not quite right?

Check out these Fidelity Alternatives

We have spent years researching the best alternatives to Fidelity. Click the links below to learn more.

If you feel some of the above Fidelity are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Fidelity alternatives below.

Related Fidelity Comparisons

If you would like to see how Fidelity stands up against other brokers you can read some of our Fidelity comparisons below. We compare side by side some of our top rated Fidelity versus comparisons. Read some indepth Fidelity VS pages below.

FIDELITY Frequently Asked Questions

Can I try Fidelity before I buy?

Fidelity offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do Fidelity accept?

Fidelity offer the following funding payment methods among other payment methods.
Learn more here

Your capital is at risk

How can I start trading with Fidelity?

When opening a trading account with Fidelity, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Fidelity trading platforms here.

Is my money safe with Fidelity?

Fidelity is regulated by Financial Conduct Authority, Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC). One of the most important criteria for traders when choosing a broker like Fidelity is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Fidelity, this will be honored. If they violate any regulatory rules their regulated status can be stripped.