FXCM
Fidelity
VS
Higher Rated
FXCM
Capital at risk · T&Cs apply
Choosing between FXCM and Fidelity depends on your trading style, preferred markets, and budget. FXCM is headquartered in London, UK, while Fidelity operates from Boston, USA. Fidelity has the longer track record, established in 1946, compared to FXCM 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.
FXCM
Fidelity
| FXCM | Fidelity | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.6/5 |
| Min. Deposit | $50 | $0 ✓ |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:400 ✓ | 1:2 |
| Regulation | FCA, ASIC | SEC, CFTC |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
FXCM is the better choice overall, scoring 3.7/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Fidelity offers lower spreads (0 pips).
See full side-by-side comparison belowFXCM
Fidelity
WinnerFXCM
Fidelity
Lower feesFXCM holds licences from FCA, ASIC. Fidelity is regulated by SEC, CFTC.
Both brokers offer access to Indices, Commodities markets. FXCM additionally covers Forex, Cfd. Fidelity adds Stocks.
On spreads, Fidelity is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at FXCM.
FXCM supports MT4, Proprietary Web, Proprietary Mobile. Fidelity offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
FXCM requires a minimum deposit of $50, while Fidelity sets no minimum deposit. This makes Fidelity accessible to traders with any budget.
BrokerRank scores FXCM at 3.66/5 and Fidelity at 3.58/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FXCM leads overall with a clear advantage.
FXCM
3.7/5
Choose FXCM if you want…
Fidelity
3.6/5
Choose Fidelity if you want…
FXCM scores higher overall on our independent rating system. FXCM holds a 3.7/5 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.
FXCM offers spreads from 0.2 pips, while Fidelity starts at 0 pips. Check the fees section above for a full breakdown.
FXCM requires a minimum deposit of $50. Fidelity requires $0.
FXCM is regulated by FCA, ASIC, while Fidelity holds licences from SEC, CFTC.
FXCM supports MT4, Proprietary Web, Proprietary Mobile. Fidelity 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.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.