Interactive Brokers vs Fidelity 2026: Which Broker is Better?
Choosing between Interactive Brokers and Fidelity depends on your trading style, preferred markets, and budget. Interactive Brokers is headquartered in Greenwich, USA, while Fidelity operates from Boston, USA. Fidelity has the longer track record, established in 1946, compared to Interactive Brokers which was founded in 1978. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Interactive Brokers
Fidelity
| Interactive Brokers | Fidelity | |
|---|---|---|
| BrokerRank Score | 4.4/5 ✓ | 3.6/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:4 ✓ | 1:2 |
| Regulation | SEC, CFTC, FCA ✓ | SEC, CFTC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Interactive Brokers is the better choice overall, scoring 4.4/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Fidelity offers lower spreads (0 pips).
See full side-by-side comparison belowInteractive Brokers vs Fidelity: Key Differences
Interactive Brokers
Fidelity
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Fees Comparison
Interactive Brokers
Fidelity
Lower feesRegulation & Trust
Interactive Brokers holds licences from SEC, CFTC, FCA. Fidelity is regulated by SEC, CFTC.
Markets & Assets
Both brokers offer access to Stocks, Indices, Commodities markets. Interactive Brokers additionally covers Forex, Cfd.
Fees & Spreads
On spreads, Fidelity is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at Interactive Brokers.
Trading Platforms
Interactive Brokers supports Proprietary Web, Proprietary Mobile. Fidelity offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Interactive Brokers requires no minimum deposit, while Fidelity sets no minimum deposit. This makes Interactive Brokers accessible to traders with any budget.
Overall Ratings
BrokerRank scores Interactive Brokers at 4.43/5 and Fidelity at 3.58/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Interactive Brokers leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Interactive Brokers
4.4/5
Choose Interactive Brokers if you want…
- Higher overall rating (4.4/5)
- Higher leverage (up to 1:4)
- More regulatory licences (5)
- More market types (5)
Fidelity
3.6/5
Choose Fidelity if you want…
- Tighter spreads (from 0 pips)
- No per-trade commission
- 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.
Both Interactive Brokers & Fidelity are available in
Frequently Asked Questions
1Is Interactive Brokers better than Fidelity?
Interactive Brokers scores higher overall on our independent rating system. Interactive Brokers holds a 4.4/5 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, Interactive Brokers or Fidelity?
Interactive Brokers 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 Interactive Brokers vs Fidelity?
Interactive Brokers requires a minimum deposit of $0. Fidelity requires $0.
4Which broker is safer, Interactive Brokers or Fidelity?
Interactive Brokers is regulated by SEC, CFTC, FCA, MAS, ASIC, while Fidelity holds licences from SEC, CFTC.
5What trading platforms do Interactive Brokers and Fidelity support?
Interactive Brokers supports Proprietary Web, Proprietary Mobile. Fidelity supports Proprietary Web, Proprietary Mobile.
6Can I use both Interactive Brokers 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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