Core Spreads
Fidelity
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Core Spreads was founded in 2014 and is headquartered in London, while Fidelity was established in 2008 and is based in USA. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Core Spreads serves 10,000+ clients worldwide; Fidelity has 10,000+. The minimum deposit is $1 at Core Spreads and $100 at Fidelity.
| Feature | Core Spreads | Fidelity |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC) |
| Founded | 2014 | 2008 |
| Country | London | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Core Spreads and Fidelity, directly affecting your bottom line as a trader. Core Spreads has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Fidelity). Neither broker charges withdrawal fees. Fidelity applies inactivity fees on dormant accounts; Core Spreads does not. Core Spreads charges deposit fees; Fidelity does not. Overall, Core Spreads scores higher on fees in our assessment.
| Feature | Core Spreads | Fidelity |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | Yes |
Platforms
Core Spreads 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 Core Spreads does not offer. Core Spreads edges ahead on platform breadth and functionality in our scoring.
| Feature | Core Spreads | 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, Web Trader, 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 Core Spreads and Fidelity compare. Fidelity runs regular live webinars; Core Spreads does not. Both provide video tutorials. Fidelity publishes daily market commentary; Core Spreads does not. Both integrate third-party research tools. Fidelity maintains an archive of past webinars for on-demand viewing. Fidelity scores higher overall in education and research.
| Feature | Core Spreads | Fidelity |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Core Spreads 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 | Core Spreads | 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 Core Spreads 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 | Core Spreads | Fidelity |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |