Fidelity vs IC Markets 2026: Which Broker is Better?
In comparing Fidelity and IC Markets, a key distinction lies in their target trader profiles and market offerings. Fidelity, with its long-standing reputation and zero commission on US stocks and ETFs, primarily appeals to investors focused on stock and ETF trading, particularly those interested in detailed research and analysis tools. Conversely, IC Markets, with its ultra-low spreads and robust platform support including MT4, MT5, and TradingView, is better suited for forex and CFD traders seeking fast execution and high leverage. While Fidelity's strengths lie in its extensive history and comprehensive research options, IC Markets offers a broader range of tradable assets, including cryptocurrencies, catering to more diverse trading strategies.
Fidelity
IC Markets
| Fidelity | IC Markets | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 3.9/5 ✓ |
| Min. Deposit | $0 ✓ | $200 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:2 | 1:500 ✓ |
| Regulation | SEC, CFTC | ASIC, CySEC |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, TradingView |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Fidelity offers lower spreads (0 pips).
See full side-by-side comparison belowFidelity vs IC Markets: Key Differences
Fidelity
WinnerIC Markets
Still deciding between Fidelity and IC Markets?
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Fees Comparison
Fidelity
Lower feesIC Markets
BrokerRank Verdict
Who Should Choose Which?
Fidelity
3.6/5
Choose Fidelity if you want…
- No per-trade commission
- No minimum deposit
- More established (est. 1946)
IC Markets
3.9/5
Choose IC Markets if you want…
- Higher overall rating (3.9/5)
- Higher leverage (up to 1:500)
- More market types (6)
- More platforms (4 supported)
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 Fidelity better than IC Markets?
IC Markets scores higher overall on our independent rating system. Fidelity holds a 3.6/5 rating vs IC Markets's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Fidelity or IC Markets?
Fidelity offers spreads from 0 pips, while IC Markets starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Fidelity vs IC Markets?
Fidelity requires a minimum deposit of $0. IC Markets requires $200.
4Which broker is safer, Fidelity or IC Markets?
Fidelity is regulated by SEC, CFTC, while IC Markets holds licences from ASIC, CySEC.
5What trading platforms do Fidelity and IC Markets support?
Fidelity supports Proprietary Web, Proprietary Mobile. IC Markets supports MT4, MT5, TradingView, Proprietary Mobile.
6Can I use both Fidelity and IC 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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