B

Fidelity

6.4/10
IronFX logo

IronFX

6.5/10
7/10RegulationWinner9/10
6/10WinnerFees0/10
7/10PlatformsWinner9/10
6/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Fidelity was founded in 2008 and is headquartered in USA, while IronFX was established in 2010 and is based in Cyprus. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Fidelity serves 10,000+ clients worldwide; IronFX has 10,000+. The minimum deposit is $100 at Fidelity and $500 at IronFX.

IronFX wins this category
FeatureFidelityIronFX
Min. Deposit$100$500
RegulationFinancial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)
Founded20082010
CountryUSACyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Fidelity and IronFX, directly affecting your bottom line as a trader. Fidelity has a lower barrier to entry with a minimum deposit of $100 (vs $500 at IronFX). Neither broker charges withdrawal fees. Fidelity applies inactivity fees on dormant accounts; IronFX does not. IronFX charges deposit fees; Fidelity does not. Overall, Fidelity scores higher on fees in our assessment.

Fidelity wins this category
FeatureFidelityIronFX
Min. Deposit$100$500
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

Fidelity offers MT5, cTrader, while IronFX supports MT4, 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. IronFX edges ahead on platform breadth and functionality in our scoring.

IronFX wins this category
FeatureFidelityIronFX
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsiPad, iPhone, Android, Windows Phone 8 device, Website, Trader ProMT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Fidelity and IronFX compare. Fidelity runs regular live webinars; IronFX does not. Both provide video tutorials. Fidelity publishes daily market commentary; IronFX 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.

Fidelity wins this category
FeatureFidelityIronFX
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoYes

Deposits & Withdrawals

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

Tied
FeatureFidelityIronFX
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 Fidelity and IronFX 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
FeatureFidelityIronFX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese