City Index vs Fidelity 2026: Which Broker is Better?
When comparing City Index and Fidelity, the key difference lies in their market offerings and target audience. City Index, headquartered in London, primarily caters to traders interested in CFDs, forex, and a wide range of global markets, making it ideal for experienced traders seeking leverage up to 1:200. In contrast, Fidelity, based in Boston, appeals to long-term investors with its focus on US stocks, ETFs, and fractional shares, offering zero commission trading but limited international access. Each broker has distinct strengths tailored to different trading strategies and preferences.
City Index
Fidelity
| City Index | Fidelity | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.6/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.5 pips | 0 pips ✓ |
| Max Leverage | 1:200 ✓ | 1:2 |
| Regulation | FCA, ASIC, MAS ✓ | SEC, CFTC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
City Index is the better choice overall, scoring 4.1/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Fidelity offers lower spreads (0 pips).
See full side-by-side comparison belowCity Index vs Fidelity: Key Differences
City Index
WinnerFidelity
Still deciding between City Index and Fidelity?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
City Index
Fidelity
Lower feesBrokerRank Verdict
Who Should Choose Which?
City Index
4.1/5
Choose City Index if you want…
- Higher overall rating (4.1/5)
- Higher leverage (up to 1:200)
- More regulatory licences (3)
- More market types (5)
Fidelity
3.6/5
Choose Fidelity if you want…
- Tighter spreads (from 0 pips)
- More established (est. 1946)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Frequently Asked Questions
1Is City Index better than Fidelity?
City Index scores higher overall on our independent rating system. City Index holds a 4.1/5 rating vs Fidelity's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, City Index or Fidelity?
City Index offers spreads from 0.5 pips, while Fidelity starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for City Index vs Fidelity?
City Index requires a minimum deposit of $0. Fidelity requires $0.
4Which broker is safer, City Index or Fidelity?
City Index is regulated by FCA, ASIC, MAS, while Fidelity holds licences from SEC, CFTC.
5What trading platforms do City Index and Fidelity support?
City Index supports Proprietary Web, Proprietary Mobile, MT4. Fidelity supports Proprietary Web, Proprietary Mobile.
6Can I use both City Index and Fidelity?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
Related Guides
More Comparisons
BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Featured
Deriv
4.0Capital at risk · T&Cs apply