XM
Fidelity
VS
Higher Rated
XM
Capital at risk · T&Cs apply
Choosing between XM and Fidelity depends on your trading style, preferred markets, and budget. XM is headquartered in Limassol, Cyprus, while Fidelity operates from Boston, USA. Fidelity has the longer track record, established in 1946, compared to XM which was founded in 2009. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
XM
Fidelity
| XM | Fidelity | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.6/5 |
| Min. Deposit | $5 | $0 ✓ |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:2 |
| Regulation | CySEC, ASIC, FCA ✓ | SEC, CFTC |
| Platforms | MT4, MT5, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
XM is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Fidelity offers lower spreads (0 pips).
See full side-by-side comparison belowXM
Fidelity
XM
Fidelity
Lower feesXM holds licences from ASIC, FCA, CySEC. Fidelity is regulated by SEC, CFTC.
Both brokers offer access to Stocks, Indices, Commodities markets. XM additionally covers Forex, Cfd.
On spreads, Fidelity is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at XM.
XM supports MT4, MT5, Proprietary Mobile. Fidelity offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Mobile.
XM requires a minimum deposit of $5, while Fidelity sets no minimum deposit. This makes Fidelity accessible to traders with any budget.
BrokerRank scores XM at 3.92/5 and Fidelity at 3.58/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. XM leads overall with a clear advantage.
XM
3.9/5
Choose XM if you want…
Fidelity
3.6/5
Choose Fidelity if you want…
XM scores higher overall on our independent rating system. XM holds a 3.9/5 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.
XM offers spreads from 0.6 pips, while Fidelity starts at 0 pips. Check the fees section above for a full breakdown.
XM requires a minimum deposit of $5. Fidelity requires $0.
XM is regulated by CySEC, ASIC, FCA, while Fidelity holds licences from SEC, CFTC.
XM supports MT4, MT5, 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.