FXCM vs Fidelity 2026: Which Broker is Better?
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 vs Fidelity: Key Differences
FXCM
Fidelity
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Fees Comparison
FXCM
Fidelity
Lower feesRegulation & Trust
FXCM holds licences from FCA, ASIC. Fidelity is regulated by SEC, CFTC.
Markets & Assets
Both brokers offer access to Indices, Commodities markets. FXCM additionally covers Forex, Cfd. Fidelity adds Stocks.
Fees & Spreads
On spreads, Fidelity is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at FXCM.
Trading Platforms
FXCM supports MT4, Proprietary Web, Proprietary Mobile. Fidelity offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
FXCM requires a minimum deposit of $50, while Fidelity sets no minimum deposit. This makes Fidelity accessible to traders with any budget.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
FXCM
3.7/5
Choose FXCM if you want…
- Higher overall rating (3.7/5)
- Higher leverage (up to 1:400)
- More market types (4)
- More platforms (3 supported)
Fidelity
3.6/5
Choose Fidelity if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
- More established (est. 1946)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Frequently Asked Questions
1Is FXCM better than Fidelity?
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.
2Which has lower fees, FXCM or Fidelity?
FXCM offers spreads from 0.2 pips, while Fidelity starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FXCM vs Fidelity?
FXCM requires a minimum deposit of $50. Fidelity requires $0.
4Which broker is safer, FXCM or Fidelity?
FXCM is regulated by FCA, ASIC, while Fidelity holds licences from SEC, CFTC.
5What trading platforms do FXCM and Fidelity support?
FXCM supports MT4, Proprietary Web, Proprietary Mobile. Fidelity supports Proprietary Web, Proprietary Mobile.
6Can I use both FXCM 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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