B

EverFX

5/10

Fidelity

6.4/10
3/10RegulationWinner7/10
0/10FeesWinner6/10
9/10WinnerPlatforms7/10
6/10Education & ResearchTied6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

EverFX was founded in 2008 and is headquartered in Cayman Islands, while Fidelity was established in 2008 and is based in USA. EverFX holds licences including Cayman Islands Monetary Authority (CIMA), while Fidelity is regulated by Financial Conduct Authority (FCA) among others. EverFX serves 10,000+ clients worldwide; Fidelity has 10,000+. The minimum deposit is $10000 at EverFX and $100 at Fidelity.

Fidelity wins this category
FeatureEverFXFidelity
Min. Deposit$10000$100
RegulationCayman Islands Monetary Authority (CIMA)Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC)
Founded20082008
CountryCayman IslandsUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between EverFX and Fidelity, directly affecting your bottom line as a trader. Fidelity has a lower barrier to entry with a minimum deposit of $100 (vs $10000 at EverFX). Neither broker charges withdrawal fees. Fidelity applies inactivity fees on dormant accounts; EverFX does not. EverFX charges deposit fees; Fidelity does not. Overall, Fidelity scores higher on fees in our assessment.

Fidelity wins this category
FeatureEverFXFidelity
Min. Deposit$10000$100
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesYes

Platforms

EverFX 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. EverFX edges ahead on platform breadth and functionality in our scoring.

EverFX wins this category
FeatureEverFXFidelity
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,iOS,MacBook,iPhoneiPad, 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 EverFX 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.

Tied
FeatureEverFXFidelity
Forex EducationNoNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. EverFX 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
FeatureEverFXFidelity
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 EverFX 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
FeatureEverFXFidelity
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese