Updated September 29, 2026 · BrokerCue Editorial Team
eToro vs Fidelity
Where eToro and Fidelity differ
| Compare |  eToro |  Fidelity |
|---|---|---|
| Markets | Stocks, ETFs, Forex, CFDs, Crypto, Futures | Stocks, ETFs, Options, Bonds, Funds, Futures, Forex |
| Regulators | Cyprus Securities and Exchange Commission (CySEC), SIPC | SEC, FINRA, SIPC |
| Investor protection | EU ICS up to EUR 20,000 | SIPC up to USD 500,000 |
| Account types | ISA | IRA, Roth IRA, Joint |
| Minimum deposit | Not confirmed | $0 |
| Inactivity fee | Not confirmed | $0 |
| Margin rate | Not confirmed | 12.375% |
| Options contract fee | Not confirmed | $0.65 |
Same on both: Stock trade fee ($0), Account fee ($0).
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Key differences
- Fidelity scores higher overall: 9.5 vs 9.2.
- Regulators: only eToro offers Cyprus Securities and Exchange Commission (CySEC).
- Regulators: only Fidelity offers SEC, FINRA.
- Founded is lower at Fidelity: 1946 vs 2007.
- eToro is licensed in 1 more country.
- Markets: only eToro offers CFDs, Crypto.
- Markets: only Fidelity offers Options, Bonds, Funds.
- Account types: only eToro offers ISA.
- Account types: only Fidelity offers IRA, Roth IRA, Joint.
- Support channels: only eToro offers Help centre.
Our verdict on each
eToro
eToro suits readers who want to hold shares, ETFs, crypto, forex and CFDs in one app without paying commission on trades. Costs look light on the standard account, with a stock trade fee of $0 and account fee of $0, though the account fee applies to the virtual portfolio rather than every standard account.
Fidelity
Fidelity is a US brokerage that suits investors who want to hold and trade without a standing charge: its minimum deposit, account fee and inactivity fee all sit at $0, $0 and $0. Stock dealing is commission-free, with SIPC protection recorded as SIPC up to USD 500,000.
Score breakdown
| Area | eToro | Fidelity |
|---|---|---|
| Cost | 9.3HigherCommission-free pricing with a stock trade fee of $0 and account fee of $0, but currency conversion on non-USD balances sits outside that headline. | 9.1Site ranks it 1 of 138 on account fee and 1 of 161 on stock trade fee. |
| Offer | 8.8 | 9.5Higher |
| Trust | 9.3 | 9.8Higher |
Cost in a real example
A year: 5,000 invested, 4 US stock trades a month
eToro
$0
48 × $0 + 1 × $0
Fidelity
$0
48 × $0 + 1 × $0
Both come to the same total.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
Where they rank in our lists
| Ranking | eToro | Fidelity |
|---|---|---|
| Stock and ETF brokers | 6 of 490 | 37 of 490 |
| Forex brokers | 4 of 147 | 14 of 147 |
| Low-spread forex brokers | 4 of 145 | 12 of 145 |
| Futures trading platforms | 2 of 83 | 10 of 83 |
| Brokers for beginners | 2 of 88 | 12 of 88 |
| Robo-advisors | 2 of 153 | 12 of 153 |
Where each is licensed and available
| Country | eToro | Fidelity |
|---|---|---|
| United States | SIPC SIPC member 70212 | SIPC SIPC member 23292 |
| Cyprus | Cyprus Securities and Exchange Commission (CySEC) MiCA CASP 213800GIFQMSV7HROS23 | Not confirmed |
Every fact side by side
| Fact | eToro | Fidelity |
|---|---|---|
| Features | Crypto, Demo account, Fractional shares, Copy trading, Mobile app | Fractional shares, Demo account, Mobile app, Crypto, Options, Futures |
| Pricing model | Commission free | Commission free |
| Audience | Beginners | Beginners, ExperiencedCovers more |
| Legal entity | eToro (Europe) Ltd | FIDELITY BROKERAGE SERVICES LLC |
| Headquarters | Cyprus | United States |
| Founded | 2007 | 1946Lower |
| Support channels | Help centre | Phone, Community |
Robo-advisors
| Fact | eToro | Fidelity |
|---|---|---|
| Management fee | 0% | Not confirmed |
| Minimum investment | $500 | Not confirmed |
| Portfolio types | ETF, ESG, Cash, CryptoCovers more | ETF, ESG, Crypto |
Where each stands against the rest
| Fact | eToro | Fidelity | Median |
|---|---|---|---|
| Minimum deposit | Not confirmed | $0below the median | $10 |
| Stock trade fee | $0at the median | $0at the median | $0 |
| Account fee | $0at the median | $0at the median | $0 |
| Inactivity fee | Not confirmed | $0at the median | $0 |
| Margin rate | Not confirmed | 12.375%highest quarter | 8.79% |
| Options contract fee | Not confirmed | $0.65above the median | $0.59 |
Median across 99 listed brokers.
Pros and cons
eToro
Pros
- No commission on share dealing: stock trade fees are $0
- No account fee on the standard dealing account: $0
- Regulated in Cyprus by the Cyprus Securities and Exchange Commission, and a SIPC member in the US
Cons
- A separate management fee of 0% applies to the managed portfolio service, so headline dealing costs are not the whole bill
- Support runs on help centre only, so there is no stated phone or live chat route for account problems
- The same commission-free model at XTB comes with a stated stock trade fee of €0, so commission alone does not separate the two
Fidelity
Pros
- Costs sit at the floor: stock trade fee $0, account fee $0, inactivity fee $0 and minimum deposit $0
- The client entity is listed on the SIPC register as SIPC member 23292, with protection recorded at SIPC up to USD 500,000
- Account types cover retirement and shared holdings: ira, roth ira and joint
Cons
- Support runs on phone and community only, so that list carries no chat or email channel
- Options contracts cost $0.65 each, the main charge where stock dealing is free
- Margin borrowing is priced at 12.375%, a cost on top of the free equity dealing
Who each suits
eToro
Who it suits
- Beginners who want commission-free share dealing plus fractional shares
- Readers who want stocks, ETFs, crypto, forex and CFDs in one place
- Anyone saving in a currency other than US dollars who wants to watch the cost of conversion
Who should look elsewhere
- Readers who want a stated phone or live chat support channel, since support runs on help centre
- Day traders who judge a broker on spreads alone, as no spread figure is listed
- Anyone wanting managed portfolios at no cost, since the management fee is 0%
Fidelity
Who it suits
- Retirement savers, since ira, roth ira and joint are all listed as account types
- Buyers investing small amounts, as fractional shares sit in fractional shares, demo account and mobile app
- Traders who want stocks, bonds, funds, options, futures and forex in one place, as stocks, etfs and options shows
Who should look elsewhere
- Traders who want CFDs, since stocks, etfs and options leaves them out and CFI lists stocks, etfs and forex
- Anyone who prefers a required opening deposit, since $0 sets none where Vantage asks $5
Country by country
| Country | eToro | Fidelity |
|---|---|---|
| United States | No | Yes |
Questions about each
eToro
What does it cost to buy shares with eToro?+
The stock trade fee is $0, and the account fee is $0. Both sit at the low end of the market, and eToro is ranked at 1 on trade fees and 1 on account fees among the brands compared here. Currency conversion can still apply if your balance is not in the account currency.
Is there an account fee on the standard eToro account?+
The account fee is $0 for the standard dealing account, which is why eToro places at 1 out of 138 brands on that measure. The managed portfolio service is charged differently, at a management fee of 0%, so treat the dealing and portfolio costs as two separate lines.
Fidelity
What does it cost to trade stocks at Fidelity?+
Stock dealing is commission-free, with a stock trade fee of $0. The account fee is $0 and the minimum deposit is $0, so there is no standing charge to hold the account. Options contracts are the exception, at $0.65 each.
Is there an inactivity fee if I stop trading?+
The inactivity fee is $0, so an idle account is not charged for sitting still. On the site it ranks 1 of 56 brands measured for that fee. With the account fee at $0, a dormant account carries no listed running cost.
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