Fidelity
Zerodha
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Fidelity was founded in 2008 and is headquartered in USA, while Zerodha was established in 2010 and is based in India. Fidelity holds licences including Financial Conduct Authority (FCA), while Zerodha is regulated by Securities and Exchange Board of India (SEBI) among others. Fidelity serves 10,000+ clients worldwide; Zerodha has 1,500,000+. The minimum deposit is $100 at Fidelity and $0 at Zerodha.
| Feature | Fidelity | Zerodha |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC) | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2008 | 2010 |
| Country | USA | India |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Fidelity and Zerodha, directly affecting your bottom line as a trader. Zerodha has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Fidelity). Neither broker charges withdrawal fees. Fidelity applies inactivity fees on dormant accounts; Zerodha does not. Zerodha charges deposit fees; Fidelity does not. Overall, Zerodha scores higher on fees in our assessment.
| Feature | Fidelity | Zerodha |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Fidelity offers MT5, cTrader, while Zerodha supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Fidelity supports social and copy trading features, which Zerodha does not offer. Zerodha edges ahead on platform breadth and functionality in our scoring.
| Feature | Fidelity | Zerodha |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | iPad, iPhone, Android, Windows Phone 8 device, Website, Trader Pro | 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 Zerodha 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 | Fidelity | Zerodha |
|---|---|---|
| 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. Fidelity accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Zerodha supports 1 (bank transfer). Fidelity uniquely supports credit/debit card among the two brokers. Fidelity scores higher on deposit and withdrawal flexibility.
| Feature | Fidelity | Zerodha |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| 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 Fidelity and Zerodha offer live chat support. Both provide phone support. Email support is available at both brokers. Fidelity supports 2 languages and Zerodha supports 13, giving Zerodha broader global reach. Both brokers are comparable on support quality.
| Feature | Fidelity | Zerodha |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |