OANDA
Fidelity
VS
Higher Rated
OANDA
Capital at risk · T&Cs apply
Choosing between OANDA and Fidelity depends on your trading style, preferred markets, and budget. OANDA is headquartered in New York, USA, while Fidelity operates from Boston, USA. Fidelity has the longer track record, established in 1946, compared to OANDA which was founded in 1996. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
OANDA
Fidelity
| OANDA | Fidelity | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.6/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:50 ✓ | 1:2 |
| Regulation | FCA, CFTC, ASIC ✓ | SEC, CFTC |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
OANDA is the better choice overall, scoring 4.1/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Fidelity offers lower spreads (0 pips).
See full side-by-side comparison belowOANDA
WinnerFidelity
OANDA
Fidelity
Lower feesOANDA holds licences from FCA, CFTC, ASIC. Fidelity is regulated by SEC, CFTC.
Both brokers offer access to Indices, Commodities markets. OANDA additionally covers Forex, Cfd. Fidelity adds Stocks.
On spreads, Fidelity is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at OANDA.
OANDA supports MT4, Proprietary Web, Proprietary Mobile. Fidelity offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
OANDA requires no minimum deposit, while Fidelity sets no minimum deposit. This makes OANDA accessible to traders with any budget.
BrokerRank scores OANDA at 4.09/5 and Fidelity at 3.58/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. OANDA leads overall with a clear advantage.
OANDA
4.1/5
Choose OANDA if you want…
Fidelity
3.6/5
Choose Fidelity if you want…
OANDA scores higher overall on our independent rating system. OANDA holds a 4.1/5 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.
OANDA offers spreads from 0.6 pips, while Fidelity starts at 0 pips. Check the fees section above for a full breakdown.
OANDA requires a minimum deposit of $0. Fidelity requires $0.
OANDA is regulated by FCA, CFTC, ASIC, MAS, while Fidelity holds licences from SEC, CFTC.
OANDA 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.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.