Fidelity
Questrade
VS
Higher Rated
Fidelity
Capital at risk · T&Cs apply
Choosing between Fidelity and Questrade depends on your trading style, preferred markets, and budget. Fidelity is headquartered in Boston, USA, while Questrade operates from Toronto, Canada. Fidelity has the longer track record, established in 1946, compared to Questrade which was founded in 1999. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Fidelity
Questrade
| Fidelity | Questrade | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.3/5 |
| Min. Deposit | $0 ✓ | $1000 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:2 | 1:3 ✓ |
| Regulation | SEC, CFTC ✓ | SEC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Fidelity is the better choice overall, scoring 3.6/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Fidelity offers lower spreads (0 pips).
See full side-by-side comparison belowFidelity
WinnerQuestrade
Fidelity
Lower feesQuestrade
Fidelity holds licences from SEC, CFTC. Questrade is regulated by SEC.
Both brokers offer access to Stocks, Indices, Commodities markets. Questrade adds Forex.
Fidelity supports Proprietary Web, Proprietary Mobile. Questrade offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Fidelity requires no minimum deposit, while Questrade sets a minimum deposit of $1,000. This makes Fidelity accessible to traders with any budget.
BrokerRank scores Fidelity at 3.58/5 and Questrade at 3.33/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Fidelity leads overall with a clear advantage.
Fidelity
3.6/5
Choose Fidelity if you want…
Questrade
3.3/5
Choose Questrade if you want…
Fidelity scores higher overall on our independent rating system. Fidelity holds a 3.6/5 rating vs Questrade's 3.3/5. 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 Questrade starts at 0 pips. Check the fees section above for a full breakdown.
Fidelity requires a minimum deposit of $0. Questrade requires $1000.
Fidelity is regulated by SEC, CFTC, while Questrade holds licences from SEC.
Fidelity supports Proprietary Web, Proprietary Mobile. Questrade supports Proprietary Web, 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.