Fidelity vs Pepperstone 2026: Which Broker is Better?

In the broker comparison of Fidelity and Pepperstone, the key difference lies in their market focus and trader appeal. Fidelity, with its 75+ years of history and $11 trillion in assets under management, primarily caters to long-term investors interested in US stocks and ETFs, offering zero commission and fractional shares. In contrast, Pepperstone appeals to active forex and CFD traders, providing competitive spreads and high leverage of up to 1:500, supported by robust platforms like MT4 and MT5. While Fidelity excels with comprehensive research and a US-centric portfolio, Pepperstone stands out with top-tier regulation and diverse market access, including cryptocurrencies.