Fidelity
Freetrade
VS
Higher Rated
Fidelity
Capital at risk · T&Cs apply
In the realm of online brokerage, Fidelity and Freetrade cater to distinct segments of traders with their unique offerings. Fidelity, with a heritage dating back to 1946 and a strong US market focus, appeals primarily to seasoned investors seeking comprehensive research tools and zero commission on US stocks and ETFs. Conversely, Freetrade, established in 2016, is tailored for UK-based investors who prefer a straightforward mobile experience and the benefits of commission-free trading within ISAs and SIPPs. While Fidelity offers a broader range of investment options, including commodities and indices, Freetrade's simplicity and focus on stock and ETF trading makes it ideal for novice investors.
Fidelity
Freetrade
| Fidelity | Freetrade | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.0/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:2 ✓ | 1:1 |
| Regulation | SEC, CFTC ✓ | FCA |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Mobile |
Fidelity is the better choice overall, scoring 3.6/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Fidelity offers lower spreads (0 pips).
See full side-by-side comparison belowFidelity
WinnerFreetrade
Fidelity
Freetrade
Fidelity
3.6/5
Choose Fidelity if you want…
Freetrade
3.0/5
Choose Freetrade if you want…
Similar strengths to Fidelity — compare below.
Fidelity scores higher overall on our independent rating system. Fidelity holds a 3.6/5 rating vs Freetrade's 3.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Fidelity offers spreads from 0 pips, while Freetrade starts at 0 pips. Check the fees section above for a full breakdown.
Fidelity requires a minimum deposit of $0. Freetrade requires $0.
Fidelity is regulated by SEC, CFTC, while Freetrade holds licences from FCA.
Fidelity supports Proprietary Web, Proprietary Mobile. Freetrade supports Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.