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Side-by-Side Comparison Independent Updated Oct 2, 2026

CMC Markets vs Fidelity 2026: Which Broker is Better?

When comparing CMC Markets and Fidelity, the key difference lies in their market offerings and trader focus. CMC Markets, with its extensive range of over 10,000 instruments, appeals to traders interested in CFDs, forex, and cryptocurrencies, benefiting from high leverage options and a robust proprietary platform. In contrast, Fidelity, with its strong US market focus and zero commission on stocks and ETFs, suits investors prioritising long-term stock investments and comprehensive research tools. Both brokers cater to different trading needs, with CMC Markets ideal for active traders seeking diverse opportunities and Fidelity appealing to investors focused on traditional securities.

CMC Markets

Fidelity

Higher ratedCMC Markets logo

CMC Markets

4.0/ 5
Visit CMC Markets →Full review
VS
CMC MarketsFidelity
BrokerRank Score4.0/5 ✓3.6/5
Min. Deposit$0$0
Spread from0.7 pips0 pips ✓
Max Leverage1:500 ✓1:2
RegulationFCA, ASIC, MAS ✓SEC, CFTC
PlatformsProprietary Web, Proprietary Mobile, MT4Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
CMC MarketsFidelity
Best for Low Fees
FidelityCMC Markets
Best for Regulation
CMC MarketsFidelity
Best Overall
CMC MarketsFidelity
Quick Answer

CMC Markets is the better choice overall, scoring 4.0/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Fidelity offers lower spreads (0 pips).

See full side-by-side comparison below

CMC Markets vs Fidelity: Key Differences

Feature

CMC Markets

Winner

Fidelity

Our Rating
4.0 / 5
3.6 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0.7 pips
0 pips
Commission
None
None
Regulated By
SECCFTC
Platforms
Proprietary Web, Proprietary Mobile, MT4
Proprietary Web, Proprietary Mobile
Markets
Cfd, Forex, Stocks, Indices, Commodities, Crypto
Stocks, Indices, Commodities
Founded
1989
1946
Headquarters
London, UK
Boston, USA
Score
2 / 3
1 / 3

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Fees Comparison

Fee

CMC Markets

Fidelity

Lower fees
Spread From
0.7 pips
0 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

CMC Markets emerges as the better choice for beginners, thanks to its user-friendly Next Generation platform, a low barrier to entry with no minimum deposit, and a wide range of instruments, despite its focus on CFDs. Professional traders might find Fidelity more appealing due to its extensive research tools, zero commission on US stocks and ETFs, and fractional share trading, although it is primarily US-focused. In terms of fees, Fidelity takes the lead with its zero commission structure, especially for US market participants, while CMC Markets offers competitive spreads but incurs an inactivity fee after 12 months.

Who Should Choose Which?

CMC Markets

CMC Markets

4.0/5

Top pick

Choose CMC Markets if you want…

  • Higher overall rating (4.0/5)
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
  • More market types (6)
Fidelity

Fidelity

3.6/5

Choose Fidelity if you want…

  • Tighter spreads (from 0 pips)
  • More established (est. 1946)

Also consider

View all rankings

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80% of retail CFD accounts lose money.

Frequently Asked Questions

1

Is CMC Markets better than Fidelity?

CMC Markets scores higher overall on our independent rating system. CMC Markets holds a 4.0/5 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.

2

Which has lower fees, CMC Markets or Fidelity?

CMC Markets offers spreads from 0.7 pips, while Fidelity starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for CMC Markets vs Fidelity?

CMC Markets requires a minimum deposit of $0. Fidelity requires $0.

4

Which broker is safer, CMC Markets or Fidelity?

CMC Markets is regulated by FCA, ASIC, MAS, while Fidelity holds licences from SEC, CFTC.

5

What trading platforms do CMC Markets and Fidelity support?

CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. Fidelity supports Proprietary Web, Proprietary Mobile.

6

Can I use both CMC Markets and Fidelity?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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