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Side-by-Side Comparison Independent Updated Oct 2, 2026

FP Markets vs Fidelity 2026: Which Broker is Better?

Choosing between FP Markets and Fidelity depends on your trading style, preferred markets, and budget. FP Markets is headquartered in Sydney, Australia, while Fidelity operates from Boston, USA. Fidelity has the longer track record, established in 1946, compared to FP Markets which was founded in 2005. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

FP Markets

Fidelity

Higher ratedFP Markets logo

FP Markets

3.8/ 5
Visit FP Markets →Full review
VS
FP MarketsFidelity
BrokerRank Score3.8/5 ✓3.6/5
Min. Deposit$100$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:2
RegulationASIC, CySECSEC, CFTC
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
FidelityFP Markets
Best for Low Fees
FP MarketsFidelity
Best for Regulation
FP MarketsFidelity
Best Overall
FP MarketsFidelity
Quick Answer

FP Markets is the better choice overall, scoring 3.8/5 vs 3.6/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).

See full side-by-side comparison below

FP Markets vs Fidelity: Key Differences

Feature

FP Markets

Fidelity

Winner
Our Rating
3.8 / 5
3.6 / 5
Min. Deposit
$100
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3/lot
None
Regulated By
SECCFTC
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Stocks, Indices, Commodities
Founded
2005
1946
Headquarters
Sydney, Australia
Boston, USA
Score
1 / 4
3 / 4

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Fees Comparison

Fee

FP Markets

Fidelity

Lower fees
Spread From
0 pips
0 pips
Commission
$3/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

FP Markets holds licences from ASIC, CySEC. Fidelity is regulated by SEC, CFTC.

Markets & Assets

Both brokers offer access to Stocks, Indices, Commodities markets. FP Markets additionally covers Forex, Cfd.

Trading Platforms

FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Fidelity offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Mobile.

Minimum Deposit

FP Markets requires a minimum deposit of $100, while Fidelity sets no minimum deposit. This makes Fidelity accessible to traders with any budget.

Overall Ratings

BrokerRank scores FP Markets at 3.84/5 and Fidelity at 3.58/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FP Markets leads overall with a clear advantage.

BrokerRank Verdict

FP Markets is our recommended pick in this comparison, scoring 3.84/5 versus Fidelity's 3.58/5. Fidelity offers comparable regulatory coverage. Traders with smaller budgets may find Fidelity's lower minimum deposit of $0 more accessible. Fidelity is still a solid option for beginners starting with a smaller initial capital, but FP Markets offers a stronger overall package for the majority of traders.

Who Should Choose Which?

FP Markets

FP Markets

3.8/5

Top pick

Choose FP Markets if you want…

  • Higher overall rating (3.8/5)
  • Higher leverage (up to 1:500)
  • More market types (6)
  • More platforms (4 supported)
Fidelity

Fidelity

3.6/5

Choose Fidelity if you want…

  • No per-trade commission
  • No minimum deposit
  • More established (est. 1946)

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Frequently Asked Questions

1

Is FP Markets better than Fidelity?

FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs Fidelity's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, FP Markets or Fidelity?

FP Markets offers spreads from 0 pips, while Fidelity starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for FP Markets vs Fidelity?

FP Markets requires a minimum deposit of $100. Fidelity requires $0.

4

Which broker is safer, FP Markets or Fidelity?

FP Markets is regulated by ASIC, CySEC, while Fidelity holds licences from SEC, CFTC.

5

What trading platforms do FP Markets and Fidelity support?

FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Fidelity supports Proprietary Web, Proprietary Mobile.

6

Can I use both FP Markets and Fidelity?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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