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Caveo logo

Caveo

8.4/10

Fidelity

6.4/10
7/10RegulationTied7/10
10/10WinnerFees6/10
9/10WinnerPlatforms7/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Caveo was founded in 2016 and is headquartered in variable, while Fidelity was established in 2008 and is based in USA. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Caveo serves 10,000+ clients worldwide; Fidelity has 10,000+. The minimum deposit is $0 at Caveo and $100 at Fidelity.

Caveo wins this category
FeatureCaveoFidelity
Min. Deposit$0$100
RegulationFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC)
Founded20162008
CountryvariableUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Caveo and Fidelity, directly affecting your bottom line as a trader. Caveo has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Fidelity). Neither broker charges withdrawal fees. Fidelity applies inactivity fees on dormant accounts; Caveo does not. Caveo charges deposit fees; Fidelity does not. Overall, Caveo scores higher on fees in our assessment.

Caveo wins this category
FeatureCaveoFidelity
Min. Deposit$0$100
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesYes

Platforms

Caveo offers MT4, MT5, cTrader, while Fidelity supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Fidelity supports social and copy trading features, which Caveo does not offer. Caveo edges ahead on platform breadth and functionality in our scoring.

Caveo wins this category
FeatureCaveoFidelity
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsIRESSTrader,IRESSInvestor,netIRESS,XPLANiPad, iPhone, Android, Windows Phone 8 device, Website, Trader Pro

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Caveo and Fidelity compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Caveo scores higher overall in education and research.

Caveo wins this category
FeatureCaveoFidelity
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Caveo accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Fidelity supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureCaveoFidelity
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Caveo and Fidelity offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureCaveoFidelity
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese