Fidelity
Saxo Bank
VS
Higher Rated
Saxo Bank
Capital at risk · T&Cs apply
In comparing Fidelity and Saxo Bank, two established brokers, the primary distinction lies in their target audiences and market focus. Fidelity, with its zero commission on US stocks and ETFs, appeals primarily to US-based investors seeking a robust platform with extensive research tools, though it offers limited international access and no cryptocurrency trading. On the other hand, Saxo Bank caters to experienced, international traders with its professional-grade SaxoTraderGO platform and access to over 40,000 instruments, albeit requiring a high minimum deposit and imposing higher fees on smaller accounts. Each broker presents unique advantages tailored to different types of traders, with Fidelity suited for those prioritising cost-effective US equity trading, and Saxo Bank ideal for those desiring diverse global market exposure.
Fidelity
Saxo Bank
| Fidelity | Saxo Bank | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 4.0/5 ✓ |
| Min. Deposit | $0 ✓ | $2000 |
| Spread from | 0 pips ✓ | 0.4 pips |
| Max Leverage | 1:2 | 1:200 ✓ |
| Regulation | SEC, CFTC | FCA, MAS, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Saxo Bank is the better choice overall, scoring 4.0/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Fidelity offers lower spreads (0 pips).
See full side-by-side comparison belowFidelity
WinnerSaxo Bank
Fidelity
Lower feesSaxo Bank
Fidelity
3.6/5
Choose Fidelity if you want…
Saxo Bank
4.0/5
Choose Saxo Bank if you want…
Saxo Bank scores higher overall on our independent rating system. Fidelity holds a 3.6/5 rating vs Saxo Bank's 4.0/5. 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 Saxo Bank starts at 0.4 pips. Check the fees section above for a full breakdown.
Fidelity requires a minimum deposit of $0. Saxo Bank requires $2000.
Fidelity is regulated by SEC, CFTC, while Saxo Bank holds licences from FCA, MAS, ASIC.
Fidelity supports Proprietary Web, Proprietary Mobile. Saxo Bank 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.