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

Fidelity vs FP Markets 2026: Which Broker is Better?

In the comparison of Fidelity and FP Markets, the key distinction lies in their market focus and target audience. Fidelity, with a strong US-centric approach, is ideal for traders seeking a reliable platform for stocks and ETFs, backed by over 75 years of trust and zero commission on US trades. Conversely, FP Markets appeals to more experienced traders interested in a broader range of markets, including forex and crypto, offering high leverage and access to popular trading platforms like MT4 and MT5. While Fidelity excels in research and long-term investment opportunities, FP Markets provides greater flexibility and advanced tools for international and diversified trading strategies.

Fidelity

FP Markets

Higher ratedFP Markets logo

FP Markets

3.8/ 5
Visit FP Markets →Full review
VS
FidelityFP Markets
BrokerRank Score3.6/53.8/5 ✓
Min. Deposit$0 ✓$100
Spread from0 pips0 pips
Max Leverage1:21:500 ✓
RegulationSEC, CFTCASIC, CySEC
PlatformsProprietary Web, Proprietary MobileMT4, MT5, TradingView
Quick VerdictBrokerRank recommends
Best for Beginners
FidelityFP Markets
Best for Low Fees
FidelityFP Markets
Best for Regulation
FidelityFP Markets
Best Overall
FP MarketsFidelity
Quick Answer

FP Markets is the better choice overall, scoring 3.8/5 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 FP Markets: Key Differences

Feature

Fidelity

Winner

FP Markets

Our Rating
3.6 / 5
3.8 / 5
Min. Deposit
$0
$100
Max Leverage
Spread From
0 pips
0 pips
Commission
None
$3/lot
Regulated By
SECCFTC
Platforms
Proprietary Web, Proprietary Mobile
MT4, MT5, TradingView, Proprietary Mobile
Markets
Stocks, Indices, Commodities
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
1946
2005
Headquarters
Boston, USA
Sydney, Australia
Score
3 / 4
1 / 4

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Fees Comparison

Fee

Fidelity

Lower fees

FP Markets

Spread From
0 pips
0 pips
Commission
None
$3/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Fidelity is better suited for beginners due to its zero commission on US stocks and ETFs, fractional shares, and comprehensive research tools, despite a more complex platform for newcomers. FP Markets, with its superior rating, diverse market access including crypto, and high leverage up to 1:500, is more advantageous for professional traders seeking advanced tools like MT4 and TradingView. On fees, Fidelity wins with commission-free trading on US stocks, while FP Markets imposes a commission on Raw accounts.

Who Should Choose Which?

Fidelity

Fidelity

3.6/5

Choose Fidelity if you want…

  • No per-trade commission
  • No minimum deposit
  • More established (est. 1946)
FP Markets

FP Markets

3.8/5

Top pick

Choose FP Markets if you want…

  • Higher overall rating (3.8/5)
  • Higher leverage (up to 1:500)
  • More market types (6)
  • More platforms (4 supported)

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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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Frequently Asked Questions

1

Is Fidelity better than FP Markets?

FP Markets scores higher overall on our independent rating system. Fidelity holds a 3.6/5 rating vs FP Markets's 3.8/5. 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 FP Markets?

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

3

What is the minimum deposit for Fidelity vs FP Markets?

Fidelity requires a minimum deposit of $0. FP Markets requires $100.

4

Which broker is safer, Fidelity or FP Markets?

Fidelity is regulated by SEC, CFTC, while FP Markets holds licences from ASIC, CySEC.

5

What trading platforms do Fidelity and FP Markets support?

Fidelity supports Proprietary Web, Proprietary Mobile. FP Markets supports MT4, MT5, TradingView, Proprietary Mobile.

6

Can I use both Fidelity and FP Markets?

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

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