Saxo Bank
Fidelity
VS
Higher Rated
Saxo Bank
Capital at risk · T&Cs apply
Choosing between Saxo Bank and Fidelity depends on your trading style, preferred markets, and budget. Saxo Bank is headquartered in Copenhagen, Denmark, while Fidelity operates from Boston, USA. Fidelity has the longer track record, established in 1946, compared to Saxo Bank which was founded in 1992. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Saxo Bank
Fidelity
| Saxo Bank | Fidelity | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.6/5 |
| Min. Deposit | $2000 | $0 ✓ |
| Spread from | 0.4 pips | 0 pips ✓ |
| Max Leverage | 1:200 ✓ | 1:2 |
| Regulation | FCA, MAS, ASIC ✓ | SEC, CFTC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Saxo Bank is the better choice overall, scoring 4.0/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Fidelity offers lower spreads (0 pips).
See full side-by-side comparison belowSaxo Bank
Fidelity
WinnerSaxo Bank
Fidelity
Lower feesSaxo Bank holds licences from FCA, MAS, ASIC. Fidelity is regulated by SEC, CFTC.
Both brokers offer access to Stocks, Indices, Commodities markets. Saxo Bank additionally covers Forex, Cfd.
On spreads, Fidelity is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.4 pips at Saxo Bank.
Saxo Bank supports Proprietary Web, Proprietary Mobile. Fidelity offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Saxo Bank requires a minimum deposit of $2,000, while Fidelity sets no minimum deposit. This makes Fidelity accessible to traders with any budget.
BrokerRank scores Saxo Bank at 4.00/5 and Fidelity at 3.58/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Saxo Bank leads overall with a clear advantage.
Saxo Bank
4.0/5
Choose Saxo Bank if you want…
Fidelity
3.6/5
Choose Fidelity if you want…
Saxo Bank scores higher overall on our independent rating system. Saxo Bank holds a 4.0/5 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.
Saxo Bank offers spreads from 0.4 pips, while Fidelity starts at 0 pips. Check the fees section above for a full breakdown.
Saxo Bank requires a minimum deposit of $2000. Fidelity requires $0.
Saxo Bank is regulated by FCA, MAS, ASIC, while Fidelity holds licences from SEC, CFTC.
Saxo Bank supports 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.