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Side-by-Side Comparison Independent Updated Oct 26, 2026

Fidelity vs City Index 2026: Which Broker is Better?

Compare Fidelity and City Index side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Fidelity

City Index

Higher ratedCity Index logo

City Index

4.1/ 5
Visit City Index →Full review
VS
FidelityCity Index
BrokerRank Score3.6/54.1/5 ✓
Min. Deposit$0$0
Spread from0 pips ✓0.5 pips
Max Leverage1:21:200 ✓
RegulationSEC, CFTCFCA, ASIC, MAS ✓
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile, MT4
Quick VerdictBrokerRank recommends
Best for Beginners
FidelityCity Index
Best for Low Fees
FidelityCity Index
Best for Regulation
City IndexFidelity
Best Overall
City IndexFidelity
Quick Answer

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 below

Fidelity vs City Index: Key Differences

Feature

Fidelity

City Index

Winner
Our Rating
3.6 / 5
4.1 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.5 pips
Commission
None
None
Regulated By
SECCFTC
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, MT4
Markets
Stocks, Indices, Commodities
Cfd, Forex, Stocks, Indices, Commodities
Founded
1946
1983
Headquarters
Boston, USA
London, UK
Score
1 / 3
2 / 3

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Fees Comparison

Fee

Fidelity

Lower fees

City Index

Spread From
0 pips
0.5 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Fidelity scores 3.58/5 while City Index scores 4.06/5 in our independent rating.

City Index edges ahead overall, but Fidelity may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

Fidelity

Fidelity

3.6/5

Choose Fidelity if you want…

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

City Index

4.1/5

Top pick

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)

Also consider

View all rankings

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.

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4.1
FCA
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#3AvaTrade logo
AvaTrade
4.0
MAS
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Plus500
4.0
MAS
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#6XM logo
XM
3.9
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Frequently Asked Questions

1

Is Fidelity better than City Index?

City Index scores higher overall on our independent rating system. Fidelity holds a 3.6/5 rating vs City Index's 4.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Fidelity or City Index?

Fidelity offers spreads from 0 pips, while City Index starts at 0.5 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Fidelity vs City Index?

Fidelity requires a minimum deposit of $0. City Index requires $0.

4

Which broker is safer, Fidelity or City Index?

Fidelity is regulated by SEC, CFTC, while City Index holds licences from FCA, ASIC, MAS.

5

What trading platforms do Fidelity and City Index support?

Fidelity supports Proprietary Web, Proprietary Mobile. City Index supports Proprietary Web, Proprietary Mobile, MT4.

6

Can I use both Fidelity and City Index?

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

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