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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.

Broker 1
Broker 2
VS field
Freetrade

freetrade.io

ETF BrokerMutual Fund PlatformETF
Fidelity

fidelity.com

Stock BrokerETF BrokerETF
Decision summary
Overall score
84
91
Trust score
89
100
Cost score
88
89
Platform score
82
94
Withdrawal score
78
89
Best for
UK beginners and long-term investors · Low-cost ISA/GIA/SIPP investing · Commission-free UK, US and European stock/ETF trades
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…
Watch out
Needs verification
Needs verification
Trust & regulation
Regulators
["Financial Conduct Authority (FCA)"]
Source
Fidelity Brokerage Services LLC is SEC registered and regulated by FINRA; FBS and NFS are members of NYSE and SIPC.
Source
License numbers
["FCA FRN 783189"]
Source
FBS CRD# 7784 / SEC# 8-23292; NFS CRD# 13041 / SEC# 801-50706, 8-26740.
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Regulated entities
[{"name":"Freetrade Limited","jurisdiction":"United Kingdom","regulator":"Financial Conduct Authority","licenseNumber":"783189"}]
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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 applicable for reviewed cash investment accounts; no leveraged products disclosed
Source
Not applicable/not disclosed as a CFD-style negative balance protection policy; margin trading can create debt/interest obligations.
Source
Investor compensation
{"scheme":"Financial Services Compensation Scheme (FSCS)","cash":"up to £120,000 per person per financial institution for eligible deposits","investments":"up to £85,000 for eligible investments","limitations":"Does not cover investment performance losses"}
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
{"availableTo":"UK residents only","restricted":"Non-UK residents; Channel Islands and Isle of Man residents unavailable; US citizens including dual nationals cannot sign up"}
Source
U.S.-persons focused; sanctioned countries/prohibited parties restricted; no exhaustive country availability list found.
Source
Costs & account conditions
Minimum deposit
Start investing from £1; fractional shares from £2 disclosed in SIPP charges schedule
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
No broker spread schedule disclosed; customers face market bid-offer spreads
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.
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Commission
£0 commission for buying and selling stocks and ETFs; other charges may apply
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 applicable: no margin/leveraged CFD service found in official investment account sources
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.
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Deposit fee
not clearly disclosed in extracted official funding pages
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$0 Fidelity fee for EFT and Fidelity does not charge wire fees; external banks may charge.
Source
Withdrawal fee
Standard cash withdrawal fee not clearly disclosed; Plus same-day withdrawals have no additional cost; SIPP UFPLS withdrawals cost £240
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$0 Fidelity fee for EFT and domestic bank wire withdrawals; foreign exchange wire up to 3% of principal; receiving bank may charge.
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Inactivity fee
not disclosed in extracted official sources
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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'.
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Markets, platforms & payments
Tradable assets
["UK stocks","US stocks","European stocks","ETFs","investment trusts","mutual funds","gilts","UK Treasury Bills","REITs"]
Source
Stocks, ETFs, mutual funds, options, crypto, fixed income, bonds and CDs; Fidelity says stocks include domestic and international.
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Trading platforms
["iOS app","Android app","Web platform"]
Source
Fidelity.com, Fidelity mobile app, Fidelity Trader+ Web/Desktop/Mobile mode, and legacy Active Trader Pro Classic.
Source
Account types
["General Investment Account (GIA)","Stocks and shares ISA","Junior stocks and shares ISA (JISA)","Self-invested personal pension (SIPP)"]
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Broad account menu including taxable brokerage, retirement/IRA, cash management, HSA, custodial/youth, education, trust/business, managed and crypto accounts.
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Deposit methods
["linked UK bank account","instant bank transfer","Apple Pay","Google Pay"]
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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
["linked UK bank account"]
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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
Standard/Basic: typically 2-3 working days, up to 5; Plus: same day before 2 PM working day or next working day after cutoff/weekend/bank holiday
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.