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Compare trust, fees, platforms, and withdrawals. See the trade-offs and details worth checking before you choose.
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The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.
| VS field | ![]() | |
|---|---|---|
Decision summary | ||
| Overall score | ||
76 |
91 |
| Trust score | 88 | 100 |
|---|
| Cost score | 63 | 89 |
|---|
| Platform score | 72 | 94 |
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| Withdrawal score | 75 | 89 |
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| Best for | Singapore residents using DBS/POSB · CDP-linked SGX share investors · Investors who want web/mobile access to seven markets | Evidence supports Fidelity as a U.S.-focused, highly regulated multi-asset broker for stocks, ETFs, mutual funds, bonds/CDs, options, cash management, managed portfolios, and sepa… |
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| Watch out | Needs verification | Needs verification |
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Trust & regulation | ||
|---|---|---|
| Regulators | Monetary Authority of Singapore (MAS) Source | Fidelity Brokerage Services LLC is SEC registered and regulated by FINRA; FBS and NFS are members of NYSE and SIPC. Source |
| License numbers | Capital Markets Services Licensee; Exempt Financial Adviser; Singapore Co. Reg. No. 198600294G Source | FBS CRD# 7784 / SEC# 8-23292; NFS CRD# 13041 / SEC# 801-50706, 8-26740. Source |
| Regulated entities | DBS Vickers Securities (Singapore) Pte Ltd Source | Primary securities brokerage entities are Fidelity Brokerage Services LLC (FBS) and National Financial Services LLC (NFS), each member NYSE/SIPC; advisory and crypto entities differ by product. Source |
| Negative balance protection | Not disclosed / not applicable to standard cash securities brokerage in reviewed public materials. Source | Not applicable/not disclosed as a CFD-style negative balance protection policy; margin trading can create debt/interest obligations. Source |
| Investor compensation | No explicit statutory investor compensation scheme disclosed; custody arrangements carry risks and overseas protections may differ. Source | SIPC coverage up to $500,000/$250,000 cash plus Fidelity excess SIPC; FDIC sweep coverage may apply to eligible cash programs; important exclusions apply. Source |
| Restricted countries | Not disclosed; mTrading app indicated for Singapore account holders only. Source | U.S.-persons focused; sanctioned countries/prohibited parties restricted; no exhaustive country availability list found. Source |
Costs & account conditions | ||
|---|---|---|
| Minimum deposit | No initial deposit or fee is required to open an account; cash-upfront trades require sufficient prefunded cash before placing a trade. Source | $0 to open a retail brokerage account; Fidelity states no account minimum and ability to invest with as little as $1; exceptions apply by account/product. Source |
| Spread from | Not applicable to disclosed cash equities brokerage pricing; pricing is commission/minimum-fee based. Source | Not applicable to Fidelity's core U.S. stock/ETF brokerage model; securities trade by exchange/market prices rather than quoted CFD/FX spreads. Source |
| Commission | Cash trades: Singapore 0.28% min SGD 27.25; US 0.18% min USD 27.25. Cash Upfront: Singapore 0.12% min SGD 10.90; US 0.15% min USD 19.62. Source | $0 online U.S. stock and ETF trades; $0 online options commission plus $0.65/contract; other product/service fees apply. Source |
| Maximum leverage | Not disclosed for standard online securities account; share financing/margin terms exist but no maximum leverage ratio found. Source | No universal maximum leverage ratio disclosed for Fidelity retail brokerage; margin borrowing is available subject to approval and margin requirements/rates rather than a single max leverage figure. Source |
| Deposit fee | No initial deposit or account-opening fee; no annual, maintenance or minimum balance fees disclosed. Source | $0 Fidelity fee for EFT and Fidelity does not charge wire fees; external banks may charge. Source |
| Withdrawal fee | Cash withdrawal fee not explicitly found; foreign securities withdrawal SGD 50 per counter plus out-of-pocket charges; equities transfer-in no fee. Source | $0 Fidelity fee for EFT and domestic bank wire withdrawals; foreign exchange wire up to 3% of principal; receiving bank may charge. Source |
| Inactivity fee | No annual, account maintenance or minimum balance fees; inactivity fee not specifically disclosed. Source | No explicit inactivity-fee line found in official fee schedule; official account pages state no retail brokerage account fees/no account or subscription fees. Treat as needs manual confirmation before publishing as '$0 inactivity fee'. Source |
Markets, platforms & payments | ||
|---|---|---|
| Tradable assets | Common stock; US fractional shares; REITs; retail bonds; collective investment schemes; exchange-traded derivatives contracts Source | Stocks, ETFs, mutual funds, options, crypto, fixed income, bonds and CDs; Fidelity says stocks include domestic and international. Source |
| Trading platforms | DBS Vickers Online Platform; DBS Vickers mTrading App; DBS/POSB digibank online access Source | Fidelity.com, Fidelity mobile app, Fidelity Trader+ Web/Desktop/Mobile mode, and legacy Active Trader Pro Classic. Source |
| Account types | DBS Vickers Online Trading Account; Cash Upfront settlement; Young Investor Account; MCA-linked trading Source | Broad account menu including taxable brokerage, retirement/IRA, cash management, HSA, custodial/youth, education, trust/business, managed and crypto accounts. Source |
| Deposit methods | DBS/POSB iBanking; DBS Multi-Currency Account; GIRO; EPS Source | EFT/ACH, bank wire, check/mobile check, direct deposit, recurring deposit, Fidelity-to-Fidelity/account transfer, transfer of assets, and eligible payment apps. Source |
| Withdrawal methods | GIRO; EPS; DBS Multi-Currency Account; DBS Multiplier account Source | EFT/ACH, bank wire, paper check, Fidelity-to-Fidelity transfers, third-party/person-to-person transfers and eligible debit card/ATM access. Source |
| Withdrawal processing time | Same day before 9:00am business-day cut-off; next business day after cut-off; cash-upfront withdrawal can take up to 2 working days. Source | EFT withdrawals 1-3 business days; bank wire same day if submitted by 4 p.m. ET; paper check about 5-6 days. Source |
BrokerVS provides broker comparison research only. Scores and evidence can vary by country, account type, and legal entity; users should verify source links before opening an account.