B

Fidelity

6.4/10
morgan stanley wealth management logo

morgan stanley wealth management

7.9/10
7/10RegulationWinner10/10
6/10WinnerFees0/10
7/10PlatformsWinner9/10
6/10Education & ResearchTied6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Fidelity was founded in 2008 and is headquartered in USA, while morgan stanley wealth management was established in 2012 and is based in Belize. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Fidelity serves 10,000+ clients worldwide; morgan stanley wealth management has 10,000+. The minimum deposit is $100 at Fidelity and $250 at morgan stanley wealth management.

morgan stanley wealth management wins this category
FeatureFidelitymorgan stanley wealth management
Min. Deposit$100$250
RegulationFinancial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F279
Founded20082012
CountryUSABelize
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Fidelity and morgan stanley wealth management, directly affecting your bottom line as a trader. Fidelity has a lower barrier to entry with a minimum deposit of $100 (vs $250 at morgan stanley wealth management). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Fidelity scores higher on fees in our assessment.

Fidelity wins this category
FeatureFidelitymorgan stanley wealth management
Min. Deposit$100$250
Withdrawal FeesNoNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesYesYes

Platforms

Fidelity offers MT5, cTrader, while morgan stanley wealth management 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. morgan stanley wealth management edges ahead on platform breadth and functionality in our scoring.

morgan stanley wealth management wins this category
FeatureFidelitymorgan stanley wealth management
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsiPad, iPhone, Android, Windows Phone 8 device, Website, Trader ProMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Fidelity and morgan stanley wealth management 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
FeatureFidelitymorgan stanley wealth management
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. Fidelity accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while morgan stanley wealth management supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). morgan stanley wealth management uniquely supports PayPal and Skrill and Neteller among the two brokers. morgan stanley wealth management scores higher on deposit and withdrawal flexibility.

morgan stanley wealth management wins this category
FeatureFidelitymorgan stanley wealth management
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Fidelity and morgan stanley wealth management offer live chat support. Both provide phone support. Email support is available at both brokers. Fidelity supports 2 languages and morgan stanley wealth management supports 8, giving morgan stanley wealth management broader global reach. Both brokers are comparable on support quality.

Tied
FeatureFidelitymorgan stanley wealth management
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic