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Fidelity Guide – Read our In-Depth Fidelity Review

This Fidelity review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Fidelity review does not apply to US users.

This Fidelity review contains the latest information about Fidelity.

If you are a new entrant in the world of trading and broker, so many facts will be perplexing for you. Getting into the area of trading requires expert assessing skills and comprehensive knowledge. You will acquire adept at all the concepts of broker as you keep trading. For starters, you need to select the ideal broker who will be transparent with you always.

In this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment program will create hefty returns. Fidelity is one such stage which will take you and your investment to great heights. It's crucial to understand all about Fidelity until you trust them with your cash.

Fidelity review

Our entire Fidelity Review covers all you need to know about trading using Fidelity. A fantastic broker can multiply your first investments and provide you favorable profits. If you want to make profits, you must trade with a brokerage service that aligns with your investing objectives.

There's absolutely no sure-fire method to ensure profits; therefore, you must carefully analyze your agent before you select them. It's a common misconception that all brokers are the same, but that is not correct. Wrong judgment, in the beginning, can set your investments at risk.

Fidelity is a broker that has paved its way successfully into the broker world. In this review, we have tried to collate some of the vital facets of Fidelity. This review will allow you to understand whether Fidelity is a good match for your investments or not. We have tried to breakdown all of the features and charges for your convenience.

Fidelity Review, Table Of Contents

Who are Fidelity?

Fidelity is a foreign exchange broker headquartered in USA and provides a variety of tools for online trading. Since its beginning in 2008, Fidelity has emerged as a leading player in the industry of online broker. Fidelity includes a highly aggressive and full-featured trading site that's focused on currency, indices, metals, stocks , commodities.

Over the past 13 years, Fidelity has grown into one of the leading online brokers.

After establishing in 2008, their client base is becoming as big as 10,000+ clients.

Fidelity is the favorite of many traders.. Our Fidelity review found that they are an superb choice for automated trading options. They're most appropriate for investors who are searching for an assortment of assets. Social and automated trading solutions are the core at Fidelity.

Technology plays a substantial role at Fidelity. Fidelity offers trading on iPad, iPhone, Android, Windows Phone 8 device, Website, Trader Pro. Fidelity is fair, transparent, and also a well-regulated broker by the Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC). Their outstanding array of tools will be beneficial for the majority of traders. Third-party partnerships also supply in-house analysis.

The trader resource department at Fidelity is very enlightening for new traders since it allows them to have a closer look in the financial markets. Fidelity caters to all types of traders and are a must-have broker for almost any well-diversified approach to trading.

Benefits of trading with Fidelity?

Trading with Fidelity comes with numerous advantages. These advantages are what sets Fidelity ahead of all other online agents. You need to check all of the benefits listed so you have a better understanding of Fidelity.

The agent goes to great lengths to comprehend what traders want. As a result, the support cost is low, quick, and convenient. The agent also provides a number of programs for all types of traders. Fidelity ensures that the individual needs of all online traders are completely met.

Fidelity also features excellent trading conditions which are available to just an elite class of institutional clients. The tight spreads and quick executions are a great advantage for those traders. The technology embraced by Fidelity is among the maximum caliber, ensuring that it is fast, reliable, and effective.

Fidelity acknowledges the importance of having a quick order execution. A quick implementation enables users to trade without fretting about slippage safely. It will also help the dealers to grab the utmost profitable opportunities.

Automated trading is another major facet of Fidelity. A new trader can learn from industry experts utilizing the automated trading alternative. The tight spread starts from as low as 0.0 pips, though they are offered for just razor balances.

Fidelity has over 98 trading instruments to support all kinds of traders. These tools are lively and suitable for both the new and seasoned traders. The dealers can set aside all their concerns when trading using Fidelity.

Fidelity overview

Year Founded: 2008

Regulated By: Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC)

Hedquarters: USA

Minimum Deposit: $100

Number Of Clients: 10,000+

Your capital is at risk

If you feel that Fidelity is not right for you then at the bottom of this Fidelity review you wil find a lot of alternatives to Fidelity.

What you ought to know about trading with Fidelity

Fidelity is a lively platform that offers various methods of trading online. These instruments cover the financial markets considerably. Most of the broker platforms offer fewer approaches than Fidelity

If you would like to exchange with Fidelity, you will require a minimum deposit of $100. This deposit is mandatory if you wish to start trading using Fidelity. This 2021 Fidelity review will guide you clearly about trading with them.

Fidelity is as versatile as any other brokerage platform. Fidelity is great for traders that want a manageable variety of low-cost services. The platforms provided by Fidelity are third-party, white-label offerings. All traders may select out of iPad, iPhone, Android, Windows Phone 8 device, Website, Trader Pro.

Along with everything, Fidelity has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a trade has to be kept open. The brokers provide premium customer service which rewards clients with advantages.

Many less reputable brokers try to pressurise customers into larger financing for premium services. Fidelity, on the other hand, is much more concentrated on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the more benefits will become available.

Fidelity accounts are available globally and provides excellent service everywhere they have customers. There are some select few countries where Fidelity accounts are not available. Traders in the following countries cannot open or use a Fidelity account:

Is Fidelity Safe To Trade With?

Established in 2006, Fidelity has been operating for 13 years, they have a head office in USA.

Fidelity is regulated by Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC). These figures have rules that mandate that trading platforms have ploicies in place to maintain investor's resources secured. This means that Fidelity users do not need to worry about their money since it is segregated and safely stored in banks that are established. SSL encryption simplifies each user's private information as well.

You are able to make use of a choice for Two Factor Authentications (2FA) with Fidelity for heightened safety. An SMS for the confirmation code will be sent to your phone. You will be required to enter this code to log in to your account.

Another concern with financial brokers is in regards to security might be manipulation of trading. This is highly disadvantageous for users on these platforms. Nonetheless, this is more prevalent in the example of Market Maker agents who compete with users on the stage.

Pro's & Con's Of Trading With Fidelity

Every online trading platform will have some pros and cons Fidelity review would be complete without showing both sides. This Fidelity review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

Fidelity Pro's

  • Fidelity is trusted by 10,000+ clients
  • Fidelity doesn't charge inactivity fees
  • Fidelity doesn't charge deposit fees
  • Fidelity doesn't charge CFD fees
  • Fidelity offer trading on iPad, iPhone, Android, Windows Phone 8 device, Website, Trader Pro
  • Fidelity offer 98 trading instruments
  • Fidelity trades major forex pairs
  • Fidelity can communicate in

Fidelity Con's

  • Fidelity does not offer Negative Balance Protection
  • Fidelity does not offer Guaranteed Stop Loss
  • Fidelity charge withdrawal fees
  • Fidelity doesn't trade minor forex pairs
  • Fidelity doesn't trade exotic forex pairs
  • Fidelity doesn't offer trading on cryptocurrencies

Fidelity Review - Compare Brokers Similar To Fidelity

Fidelity Wilsons Advisory And Stockbroking DIF Broker Binary Mate
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $100 $100 $500 $1000
Year Founded 2008 2008 1996 2013
Headquarters USA Australia Portugal Malaysia
Regulated By Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC) Unregulated Financial Conduct Authority (FCA) Cyprus Securities and Exchange Commission (CySEC)
Clients 10,000+ 10,000+ 10,000+ 10,000+
Find Out More
Risk Warning Your capital is at risk Your capital is at risk Your capital is at risk Your capital is at risk

Fidelity Review - Regulation And Licencing In More Detail

Fidelity is regulated by Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC).

Fidelity, as a company, has a strong set of rules for ensuring honest trading onto its platform. For information encryption functions, it supplies an industry-standard secure socket layer (SSL).

In accordance with the company's privacy regulations, customer data is to not be shared with some other institutions or individuals. Including credit history and other financial information.

Fidelity Review - Awards

    At the time of writing this Fidelity review, they had not received any awards.

Fidelity Review - Minimum Deposit Required

The minimum deposit that you must deposit to get started on Fidelity is $100. This is a decent amount for people just beginning. It's possible to create more complex deposits as you go along. However, make certain that you know how to make the most of your money before investing larger sums.

Fidelity Review - Commission And Fees Explained

Fidelity is an online brokerage platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. That is, an internet broker isn't necessarily affected by the amount of customers they have.

However, this does not mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are mainly three types of fees for this objective.

The first sort of charges to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In such instances, you're paying a spread, funding speed, or a commission. The sorts of trading charges and the rates differ from broker to broker.

Commissions could be fixed or determined by the traded quantity. On the flip side, a spread denotes the difference between the buying and selling price. Financing or overnight rates are people who are billed when you maintain a leveraged position for longer than daily.

Apart from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They're billed for operations like depositing cash, not trading for long periods, or withdrawals.

In general, Fidelity doesn't charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for people who regularly exchange, for example daily or weekly trading.

But, non-trading fees charged by Fidelity are comparatively competitive. Consequently, you are billed more for non-trading activities in your trading accounts, like withdrawal and deposits. These aren't about the sale and purchase of resources.

This Fidelity review breaks down each of the relevant non-trading fees for you in detail.

Compare broker fees against Fidelity

Fidelity Wilsons Advisory And Stockbroking DIF Broker Binary Mate
Minimum Deposit $100 $100 $500 $1000
Withdrawal Fees variable variable variable variable
Inactivity Fees
Deposit Fees
CFD Fees

Fidelity Review - Withdrawal Fees Explained

Fidelity charges a withdrawal fee if you make a bank transfer. Each time you transfer money back into your bank account, these withdrawal charges become applicable.

Withdrawal of cash is possible at any time from the Fidelity account. It's possible to draw sums up to the sum of your account balance, keeping aside the perimeter utilized. 1 thing to remember is that you don't necessarily need to have any money in your account.

Moreover, the withdrawn money will be transferred directly to the account you use to create deposits. Therefore, if you used a credit card for deposits, the withdrawn money will be sent to the card. Fidelity will ask you to provide other withdrawal methods if your details have changed since your deposit.

There is a minimum withdrawal amount. In the event you are withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the currency you're choosing to withdraw in.

Fidelity Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of those buzzing questions that run through your mind while open an account with Fidelity. An inactivity fee is an amount charged to registered dealers who have not participated in purchasing or selling for some time. The period considered inactive is decided by the broker.

The inactivity fee also differs from 1 broker to another and isn't standardized. If a dealers account does not have a purchasing or selling trade, it is claimed by the broker as an inactivity fee. The traders have to pay this fee under terms and conditions they had consented while enrolling.

Fidelity doesn't charge inactivity fees so you are free to use your account as needed

Even if no charges have been indicated by Fidelity, it is better that you close the account if you're inactive. Inactivity fees aren't only charged by broker companies but also many financial services.

For other trading platforms, the inactivity fee depends upon the type of account you have chosen. The inactivity fee is subjected to many conditions and needs to be revealed clearly by the broker beforehand.

Fidelity Review - Deposit Fees Explained

When you transfer money into your trading account from your bank account, a deposit fee can be charged by the broker. Most brokers do not charge an excessive amount of money for this particular operation.

Fidelity doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing cash on the Fidelity trading platform is simple. You simply need to complete a single-user profile survey to start depositing money into your trading account. You will have to provide an identity evidence and proof of residency to deposit large amounts.

Fidelity Review - Compare Broker Deposit Methods

Fidelity Wilsons Advisory And Stockbroking DIF Broker Binary Mate
Minimum Deposit $100 $100 $500 $1000
Credit Card

What Can You trade With Fidelity?

Note: Fidelity offers many different trading instruments due to regulatory restrictions in many countries. Trading instruments offered may be different depending on the country of residence of the client.

Fidelity has a wide variety of over 98 instruments available for you to trade with.

If trading forex pairs is of interest to you then Fidelity offer over forex pairs.

Compare Fidelity, Wilsons Advisory And Stockbroking, DIF Broker & Binary Mate below.

Fidelity Wilsons Advisory And Stockbroking DIF Broker Binary Mate
Platforms iPad, iPhone, Android, Windows Phone 8 device, Website, Trader Pro Metatrader 4 - desktop, iOS and Android versions available. Desktop, Android, iPhone/iPad, Mac Android , iPhone, Mac, iPade
Instruments Available 98 256 85 54
Forex & Crypto
Forex Pairs Available
Offers Major Forex Pairs? Yes No Yes Yes
Offers Minor Forex Pairs? No No No No
Offers Exotic Forex Pairs? No No No Yes
Offers Cryptocurrencies? No No No Yes
Commodity CFD's
Commodities Offered 0 0 0 0
Trade Metals? No No No Yes
Trade Energies? No No NO Yes
Trade Agricultural? No No NO Yes
Indiced & Stock CFDs
Stocks Offered 0 0 0
Trade UK Shares? No No Yes Yes
Trade US Shares? Yes No NO No
Trade German Shares? No No No No
Trade Japanese Shares? No No No No

Your capital is at risk

Your capital is at risk

Your capital is at risk

Your capital is at risk

Alternatives To Fidelity

If, after studying this Fidelity review, Fidelity does not quite meet your needs check out these Fidelity alternatives.

We've scoured the web to find the best alternatives to Fidelity. Click the links below to find out more.

Frequently Asked Questions about Fidelity

Can I try Fidelity before I buy?

Yes, you can most certainly try Fidelity before you buy. Fidelity provides demo accounts for the convenience of new traders. You may use this feature to build your faith in the system and yourself and your trading strategies.

If you register to get a demo account on Fidelity, you will set out using a decent amount of virtual money. It is to establish a sense of security and confidence in you until you decide to spend your own money.

With this digital Fidelitydemo account, you can experiment at all, to whatever period you wish. You can also start positions, test different trading approaches, and more.

Fidelity specifies on its official site that you can trade real time stocks with your demo account.

Is Fidelity safe?

It is possible to drop all your worries since we believe that Fidelity is completely safe to use. It's in compliance with the principles of Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC).

Nevertheless, Fidelity doesn't provide assured stop-loss protection.

Why does Fidelity ask for my passport?

The reason that Fidelity asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Fidelity has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Fidelity must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with Fidelity?

The process to start trading withFidelity is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Fidelity website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Fidelity is $100. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with Fidelity.

The best way to kickstart your trading career with Fidelity is to open a demo account facility before risking any real money

What funding methods do Fidelity accept?

There are a number of methods to finance your account with Fidelity. The process is effortless and quick, with various payment methods in your fingertips.

You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You must keep in mind that PayPal isn't available in every country. The currencies Fidelity

Is my money safe with Fidelity?

Yes, your cash is safe and secure with Fidelity. As you know, Fidelity operates with good conformation to. It's established lots of steps to guard all its investors.

Fidelity protects its clients' personal and sensitive information under SSL encryption. Your funds will be kept highly secure in top-tier banks.

If you wish to further protect your account, you can empower Two-Step Verification also. It takes an SMS confirmation that you access your account.

Is Fidelity trading good?

Yes, trading via Fidelity is a pleasant and good experience indeed. It is a great and intuitive platform with useful features for your simplicity. Moreover, you can even gain access to a huge selection of educational tools and assistive material to kickstart your trading expertise.

If you are still skeptical, it is possible to start a eToro demo account and evaluate the trustworthiness of the platform for yourself.

Which Countries does Fidelity support?

Fidelity operates around the world. However, due to regulations there are some countries that Fidelity can't accept clients from

Is Fidelity legit?

Fidelity is a legit company headquarted in USA since 2008. They are regulated by Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC). Fidelity is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is Fidelity a good broker?

Fidelity is a great agent, and its own users can vouch for it. The highlight of the platform is its quick order execution on transactions.

You'll discover the clean layout of the platform along with the commendable features a pleasure to work with.

Is Fidelity a trustworthy broker?

Yes, Fidelity is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for Fidelity?

The minimum deposit to open a live account with Fidelity is $100

How long do Fidelity withdrawals take?

Normally, withdrawal of money from Fidelity is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Fidelity to show in your bank account.

Are Fidelity regulated?

Fidelity are regulated by Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC)

Is Fidelity a market leading broker?

Fidelity is indisputably among the business leaders. It supports over 10,000+ registered users and over 13 years of expertise on its record. They're among the world's top trading platforms and a dominant figure in the Fintech revolution.

It simplifies this standing to its unbelievable platform and broad range of tools plus resources so that you may invest in capital markets.

Is Fidelity a con?

No, Fidelity is not a con. They are regulated by Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC) and must adhere to their rules. Thus, it is safe to say that Fidelity is not a scam.

Can you make money with Fidelity?

Through Fidelity, many traders make a lot of money. But on average, through consistent trading, you also can make between 2% - 10% profit a month.

This may seem to be a little number, but over the entire year, this adds to a significant amount of gains. Even though Fidelity provide you all of the tools to earn money, they can't guarantee you will gain.

Does Fidelity have fees?

Yes. To begin trading using Fidelity, you need to deposit $100. Certain commissions while trading also applies. Any processing fees from your bank will need to be incurred by you.

When was Fidelity founded?

Fidelity was founded in 2008 in USA. Fidelity is regulated by Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC).

How many people use Fidelity?

Fidelity is a worldwide recognised broker with 10,000+ clients.

Where is the Fidelity head office?

Fidelity has its head office in USA

Does Fidelity offer negative balance protection?

No. Fidelity does not provide negative balance protection. If your balance is unfavorable, Fidelity suggests that you contact client services. For this, you can fix any imbalances in your own account.

Does Fidelity offer guaranteed stop loss?

Fidelity regrettably, does not offer guaranteed stop loss. Fidelity provides an opportunity to its dealers to close their trades at their given price. Aside from that, Fidelity does not provide guaranteed stop loss.

Does Fidelity allow scalping?

Yes, Fidelity do permit scalping. Many traders throughout the world select Fidelity due to their services that are trading. They offer trading on iPad, iPhone, Android, Windows Phone 8 device, Website, Trader Pro which let this.

Does Fidelity allow hedging?

Yes, Fidelity does allow hedging.

Can you trade energies with Fidelity?

No, unfortunately you cannot trade energy stock with Fidelity

Can you trade agricultural shares with Fidelity?

No, unfortunately you cannot trade agricultural stock with Fidelity

Can you trade cryptocurrency with Fidelity?

No, unfortunately you cannot trade cryptocurrency with Fidelity

Can you trade metals with Fidelity?

No, unfortunately you cannot trade metals with Fidelity

Can you trade UK Shares with Fidelity?

No, unfortunately you cannot trade UK shares with Fidelity

Can you trade US Shares with Fidelity?

Yes, you can trade US shares with Fidelity

Can you trade Japanese Shares with Fidelity?

No, unfortunately you cannot trade Japanese shares with Fidelity

Can you trade German Shares with Fidelity?

No, unfortunately you cannot trade German shares with Fidelity

Does Fidelity accept bank transfers?

No, Fidelity does not accept bank transfers.

Does Fidelity accept credit cards?

No, Fidelity does not accept credit cards.

Does Fidelity accept PayPal?

No, Fidelity does not accept PayPal.

Does Fidelity accept Skrill?

No, Fidelity does not accept Skrill.

Does Fidelity accept Payoneer?

No, Fidelity does not accept Payoneer.

Does Fidelity accept Neteller?

No, Fidelity does not accept Neteller.

Does Fidelity offer Live Chat customer support?

No, Fidelity does not offer customer support through live chat.

Does Fidelity offer phone customer support?

No, Fidelity does not offer customer support over the telephone.

Does Fidelity offer email customer support?

No, Fidelity does not offer customer support through email.

What languages can Fidelity communicate in?

Fidelity has the ability to communicate and support customers who speak:

Does Fidelity have a wikipedia page?

No, Fidelity does not have an official wikipedia page.

Does Fidelity offer demo accounts?

Yes, Fidelity offers demo accounts so you can learn their systems before risking any real money.