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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.

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XP Investimentos

xpi.com.br

Stock BrokerETF BrokerETF
Fidelity

fidelity.com

Stock BrokerETF BrokerETF
Decision summary
Overall score
82
91
Trust score
86
100
Cost score
78
89
Platform score
84
94
Withdrawal score
72
89
Best for
Brazil residents with CPF seeking a multi-asset investment platform · Investors who value advisory plus self-directed Home Broker access · Active B3 traders who need advanced char…
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
Banco Central do Brasil, CVM, B3/BSM context, ANBIMA self-regulation references.
Source
Fidelity Brokerage Services LLC is SEC registered and regulated by FINRA; FBS and NFS are members of NYSE and SIPC.
Source
License numbers
CNPJ 02.332.886/0001-04; CVM custodian registry CNPJ 002332886000104.
Source
FBS CRD# 7784 / SEC# 8-23292; NFS CRD# 13041 / SEC# 801-50706, 8-26740.
Source
Regulated entities
XP Investimentos CCTVM S.A. and Banco XP S.A. appear in CVM custodian records / official disclosures.
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 a CFD-style NBP disclosure; negative cash balance charges are disclosed instead.
Source
Not applicable/not disclosed as a CFD-style negative balance protection policy; margin trading can create debt/interest obligations.
Source
Investor compensation
FGC coverage for eligible credit/deposit instruments only; not blanket securities-market protection.
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
Brazil-focused; no complete country eligibility/restriction matrix found.
Source
U.S.-persons focused; sanctioned countries/prohibited parties restricted; no exhaustive country availability list found.
Source
Costs & account conditions
Minimum deposit
No universal account minimum found in reviewed public account-opening pages.
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 a forex/CFD spread quote; FX conversion spread page shows regressivo 2.25% to 1.30% depending on segment/value transferred.
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
R$0 self-service equities/BDRs for key modes; assisted/desk/risk brokerage and other charges can 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
Universal maximum leverage not found; product-specific alavancagem needs manual review.
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
General deposit fee not found in reviewed public pages.
Source
$0 Fidelity fee for EFT and Fidelity does not charge wire fees; external banks may charge.
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Withdrawal fee
General withdrawal fee not found in reviewed public pages.
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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.
Source
Inactivity fee
No general inactivity fee found in reviewed public pages.
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'.
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Markets, platforms & payments
Tradable assets
Stocks/BDRs, ETFs, options, futures/minicontracts, funds, FIIs, fixed income, public offerings, COE, pension/insurance and some global-investment products subject to eligibility.
Source
Stocks, ETFs, mutual funds, options, crypto, fixed income, bonds and CDs; Fidelity says stocks include domestic and international.
Source
Trading platforms
Home Broker XP, XP app, advanced charting/trading platforms, robot/automation platforms, TradeMap and tax tools.
Source
Fidelity.com, Fidelity mobile app, Fidelity Trader+ Web/Desktop/Mobile mode, and legacy Active Trader Pro Classic.
Source
Account types
Individual, PJ/business, minor-registration guidance, and digital/investment account flows.
Source
Broad account menu including taxable brokerage, retirement/IRA, cash management, HSA, custodial/youth, education, trust/business, managed and crypto accounts.
Source
Deposit methods
Bank transfer, Pix and internal digital/investment account transfers are evidenced but support-page body extraction was limited.
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
TED withdrawal via Portal XP, Pix/transfer from digital account and internal transfers, subject to manual confirmation.
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
No reliable public withdrawal-processing time found.
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.