Fidelity vs FBS

Fidelity vs FBS Comparison Table 2024
Fidelity	FBS
Review 3.5	Review 4.3

Fidelity is a popular financial services firm that provides investment accounts and pensions with access to thousands of stocks, ETFs and mutual funds to clients based in the US, Europe and Asia. Fees vary by asset and account country, but are generally competitive, with zero-commission trading available on US stocks.	FBS is an award-winning forex and CFD broker based in Cyprus. The broker has a strong global reputation with authorization from the CySEC and ASIC, amongst others regulators. The brand has 17 million clients in over 190 countries, attracted by a diverse range of markets and the reputable MetaTrader platforms.
Bonus Offer
None
Promotions
	FBS: $140 Level Up Bonus FBS Makes Copytrading Risk-Free On Your First Three Trades
Comment by Reviewer
"Fidelity is a great match for long-term investors who want an affordable platform to build their pension or investment portfolios. The SEC and FCA oversight are also good signs that the brokerage is regulated and trustworthy."	"FBS is a great choice for traders of all experience levels and budgets with various account types, plus MetaTrader 4 and MetaTrader 5 access. That said, the broker's Cent account and intensive forex course will be particularly beneficial for beginners."
Pros
Excellent list of stocks and funds to choose from Very competitive pricing compared to largest rivals Good list of account types to suit various types of investor Uninvested cash is automatically put into a money market fund Trusted global brand with strong regulation from SEC & FCA Tax-efficient vehicles are available including ISAs	There’s a great choice of account types for short-term traders including crypto, cent and ECN options, with decent forex spreads at 0.7 pips FBS maintains its position as a trusted European broker with top-tier licenses, several awards and negative balance protection for clients The MetaTrader terminals deliver a comprehensive day trading environment at FBS, including up to 21 timeframes and 6 pending orders The commission-free payment methods and low minimum deposits make the broker ideal for beginners or those on a lower budget The broker’s NDD technology ensures fast order execution within 0.4 seconds and no requotes There’s a comprehensive learning section with tailored courses, webinars and trade ideas
Cons
No forex or CFD trading There is no demo account Less suitable for short-term day trading Presentation of data is overly complicated No trading platform for non-US clients The $1000 minimum deposit for international clients is high	There’s no copy trading solution which would offer an alternative way to trade and is offered at many top competitors like Skilling Account availability, platform access and market coverage all vary by jurisdiction There's a limited range of assets overall, including only 35+ currency pairs
Awards
Boring Money Best Buy 2021 – Pension Boring Money Best for Beginners Pension 2021 Boring Money Best for Beginners ISA 2021 Boring Money Best for Low - Cost Pension 2021 Online Personal Wealth Awards - Best Retirement Adviser 2021 Shares Awards 2020 - Best Execution-Only Stockbroker of the Year	Best Customer Service Broker WBO 2022 Most Reliable Forex Broker MENA 2020 Best Social Trading Application MENA 2020 Best Mobile Trading Platform Asia 2020 Best FX Broker Europe 2019 Most Transparent Forex Broker 2018 Best Forex Broker Asia 2018 Best Safety of Client Funds Asia 2015
Instruments
ETFs, Mutual Funds, ISAs, Pensions, Stocks, Indices	CFDs, forex, indices, shares, commodities, cryptocurrencies
Demo Account
No	Yes
Minimum Deposit
$0	$5
Trading Platforms
Own	MT4 MT5
Payment Methods
Automated Customer Account Transfer Service Credit Card Mastercard Visa Wire Transfer	AstroPay Credit Card Maestro Mastercard Neteller Rapid Transfer Skrill Visa Wire Transfer
Minimum Trade
£25	0.01 Lots
Regulator
FCA, SEC	ASIC, CySEC, FSC, FSCA
Margin Trading
No	Yes
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
Yes	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
Fil Mobile App	iOS & Android
App Review
	The FBS Trader app allows clients to manage their finances and speculate on 44 forex pairs, among other assets. Instant deposits are available, as well as one-click trading. Users can also conduct technical analysis via interactive charting with multiple indicators. The app is free to download from the respective app stores.
Android App Rating
	4.9
iOS App Rating
	4.6
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
None	MT4 & MT5
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
Yes	No
Guaranteed Stop Loss
No	No
Islamic Account
No	Yes
Account Currencies
USD GBP	USD EUR
Stock Exchanges
London Stock Exchange Nasdaq	Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange
Commodities
	Gasoline Gold Natural Gas Oil Silver
CFD Trading
CFD trading not offered	You can go long or short on a decent suite of financial markets with leveraged CFDs. Users can choose between three reliable platforms with over 50 indicators and charting tools, plus fast market execution from 0.3 seconds.
Leverage
	1:30 (EU & Restricted Countries), 1:3000 (Global)
FTSE Spread
	From 0.0
GBPUSD Spread
	From 0.6
Oil Spread
	From 0.0
Stocks Spread
	Variable
Forex Trading
Forex trading not offered	FBS offers a below-average range of 35+ majors, minors and exotics. That said, spreads are fairly competitive, averaging 0.7 pips for EUR/USD in the Standard account. There’s also an excellent range of forex market resources and tools on offer, including calculators and an intensive forex course.
Forex App
	The FBS Trader app allows clients to manage their finances and speculate on 44 forex pairs, among other assets. Instant deposits are available, as well as one-click trading. Users can also conduct technical analysis via interactive charting with multiple indicators. The app is free to download from the respective app stores.
GBPUSD Spread
	From 0.6
EURUSD Spread
	From 0.5
EURGBP Spread
	From 2.1
Assets
	36
Cryptocurrency
Crypto trading not offered	FBS offers trading on crypto/metal, crypto/crypto or crypto/fiat pairs, making the broker a great pick for traders looking to diversify their digital asset portfolios. Spreads are also decent, averaging around 20.0 for BTC/USD.
Spread
	Floating
Coins
	ADA ALG AVA BAT BCH BNB BTC DOG DOT DSH EOS ETC ETH FIL IOT LNK LTC MKR MTC NEO OMG SHB SOL TRX UNI VEC XLM XMR XRPZEC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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