CFI Markets
Fidelity
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Overview
CFI Markets was founded in 2012 and is headquartered in Cyprus, while Fidelity was established in 2008 and is based in USA. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. CFI Markets serves 10,000+ clients worldwide; Fidelity has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | CFI Markets | Fidelity |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) | Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC) |
| Founded | 2012 | 2008 |
| Country | Cyprus | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between CFI Markets and Fidelity, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. CFI Markets charges withdrawal fees while Fidelity does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. CFI Markets charges deposit fees; Fidelity does not. Overall, Fidelity scores higher on fees in our assessment.
| Feature | CFI Markets | Fidelity |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
CFI Markets offers MT4, MT5, cTrader, while Fidelity supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. CFI Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | CFI Markets | Fidelity |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, Tablet & Mobile apps | iPad, 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 CFI Markets 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. The two brokers are evenly matched on educational content.
| Feature | CFI Markets | Fidelity |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CFI Markets 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.
| Feature | CFI Markets | Fidelity |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both CFI Markets 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.
| Feature | CFI Markets | Fidelity |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |