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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	Hatch Invest hatchinvest.nz ETF BrokerStock BrokerETF	Fidelity fidelity.com Stock BrokerETF BrokerETF
Decision summary
Overall score

Trust score	82	100

Cost score	78	89

Platform score	72	94

Withdrawal score	76	89

Best for	New Zealand residents investing in US shares and ETFs · Long-term investors using fractional shares, DRIP or auto-invest · Parents/guardians opening lower-cost Kids Accounts	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	DriveWealth is regulated in the US by FINRA and is a SIPC member; Hatch is a member of FSCL and complaints can also be made to the FMA. Source	Fidelity Brokerage Services LLC is SEC registered and regulated by FINRA; FBS and NFS are members of NYSE and SIPC. Source
License numbers	Hatch Invest NZ Limited FSP1002151; NZBN 9429050041824 Source	FBS CRD# 7784 / SEC# 8-23292; NFS CRD# 13041 / SEC# 801-50706, 8-26740. Source
Regulated entities	Hatch Invest NZ Limited; DriveWealth, LLC 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	No leveraged CFD/forex or margin product was identified; cash brokerage accounts make negative balance protection not applicable rather than disclosed as a separate protection. Source	Not applicable/not disclosed as a CFD-style negative balance protection policy; margin trading can create debt/interest obligations. Source
Investor compensation	SIPC protection via DriveWealth and FDIC bank sweep for uninvested cash. 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	NZ-focused service; first deposit requires NZ bank; full country restriction list not found. Source	U.S.-persons focused; sanctioned countries/prohibited parties restricted; no exhaustive country availability list found. Source

Trust & regulation

Regulators

DriveWealth is regulated in the US by FINRA and is a SIPC member; Hatch is a member of FSCL and complaints can also be made to the FMA.

Source

Fidelity Brokerage Services LLC is SEC registered and regulated by FINRA; FBS and NFS are members of NYSE and SIPC.

Source

License numbers

Hatch Invest NZ Limited FSP1002151; NZBN 9429050041824

Source

FBS CRD# 7784 / SEC# 8-23292; NFS CRD# 13041 / SEC# 801-50706, 8-26740.

Source

Regulated entities

Hatch Invest NZ Limited; DriveWealth, LLC

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

No leveraged CFD/forex or margin product was identified; cash brokerage accounts make negative balance protection not applicable rather than disclosed as a separate protection.

Source

Not applicable/not disclosed as a CFD-style negative balance protection policy; margin trading can create debt/interest obligations.

Source

Investor compensation

SIPC protection via DriveWealth and FDIC bank sweep for uninvested cash.

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

NZ-focused service; first deposit requires NZ bank; full country restriction list not found.

Source

U.S.-persons focused; sanctioned countries/prohibited parties restricted; no exhaustive country availability list found.

Source

Costs & account conditions
Minimum deposit	No minimum deposit amount; no minimum investment amount, with investing from as little as $1 USD mentioned on the pricing page. 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	Hatch provides cash equity/ETF investing rather than spread-based CFD/forex trading; no trading spreads are advertised for brokerage. 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	USD 3 stock/ETF brokerage up to 300 shares; tiered auto-invest; lower Kids Account fees. 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	Margin accounts are not available through Hatch, so leverage is not applicable for Hatch accounts. 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	0.5% FX on NZD deposits; USD deposits have no Hatch fee. Source	$0 Fidelity fee for EFT and Fidelity does not charge wire fees; external banks may charge. Source
Withdrawal fee	0.5% FX; no hidden extra withdrawal 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 monthly fees or inactivity fees. 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

Costs & account conditions

Minimum deposit

No minimum deposit amount; no minimum investment amount, with investing from as little as $1 USD mentioned on the pricing page.

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

Hatch provides cash equity/ETF investing rather than spread-based CFD/forex trading; no trading spreads are advertised for brokerage.

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

USD 3 stock/ETF brokerage up to 300 shares; tiered auto-invest; lower Kids Account fees.

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

Margin accounts are not available through Hatch, so leverage is not applicable for Hatch accounts.

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

0.5% FX on NZD deposits; USD deposits have no Hatch fee.

Source

$0 Fidelity fee for EFT and Fidelity does not charge wire fees; external banks may charge.

Source

Withdrawal fee

0.5% FX; no hidden extra withdrawal 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 monthly fees or inactivity fees.

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	Full and fractional shares in individual companies and ETFs listed on NYSE and Nasdaq. Source	Stocks, ETFs, mutual funds, options, crypto, fixed income, bonds and CDs; Fidelity says stocks include domestic and international. Source
Trading platforms	Hatch online/web platform and account portal; no separate third-party trading terminal advertised. Source	Fidelity.com, Fidelity mobile app, Fidelity Trader+ Web/Desktop/Mobile mode, and legacy Active Trader Pro Classic. Source
Account types	Individuals over 18, Kids Accounts through a parent/guardian, and family trusts are supported. Source	Broad account menu including taxable brokerage, retirement/IRA, cash management, HSA, custodial/youth, education, trust/business, managed and crypto accounts. Source
Deposit methods	First deposit must be NZD from a New Zealand bank account in the customer's name; later deposits may include USD and selected alternative services. 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	Withdrawals are currently only to NZ-registered banks; USD is exchanged to NZD and deposited into the customer's New Zealand bank 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	Typically 2-4 business days; allow up to a week in some cases. 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

Markets, platforms & payments

Tradable assets

Full and fractional shares in individual companies and ETFs listed on NYSE and Nasdaq.

Source

Stocks, ETFs, mutual funds, options, crypto, fixed income, bonds and CDs; Fidelity says stocks include domestic and international.

Source

Trading platforms

Hatch online/web platform and account portal; no separate third-party trading terminal advertised.

Source

Fidelity.com, Fidelity mobile app, Fidelity Trader+ Web/Desktop/Mobile mode, and legacy Active Trader Pro Classic.

Source

Account types

Individuals over 18, Kids Accounts through a parent/guardian, and family trusts are supported.

Source

Broad account menu including taxable brokerage, retirement/IRA, cash management, HSA, custodial/youth, education, trust/business, managed and crypto accounts.

Source

Deposit methods

First deposit must be NZD from a New Zealand bank account in the customer's name; later deposits may include USD and selected alternative services.

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

Withdrawals are currently only to NZ-registered banks; USD is exchanged to NZD and deposited into the customer's New Zealand bank 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

Typically 2-4 business days; allow up to a week in some cases.

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

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