Updated September 29, 2026 · BrokerCue Editorial Team
Fidelity vs iFOREX
Where Fidelity and iFOREX differ
| Compare |  Fidelity |  iFOREX |
|---|---|---|
| Minimum deposit | $0Lower | $100 |
| Inactivity fee | $0Lower | $15 |
| Markets | Stocks, ETFs, Options, Bonds, Funds, Futures, Forex | Stocks, ETFs, Forex, CFDs, Crypto |
| Regulators | SEC, FINRA, SIPC | CySEC, BVI FSC |
| Investor protection | SIPC up to USD 500,000 | EU ICS up to EUR 20,000 |
| Account fee | $0 | Not confirmed |
| Retail accounts that lose money | Not confirmed | 80% |
| Margin rate | 12.375% | Not confirmed |
| Options contract fee | $0.65 | Not confirmed |
| Deposit and withdrawal fees | Not confirmed | No broker deposit fee; $20 EEA wire withdrawal fee may apply |
| Platforms | Not confirmed | IFOREX App |
| Account types | IRA, Roth IRA, Joint | Not confirmed |
| Maximum retail leverage | Not confirmed | 1:30 EU, 1:400 offshore |
Same on both: Stock trade fee ($0).
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Key differences
- Fidelity scores higher overall: 9.5 vs 9.0.
- Regulators: only Fidelity offers SEC, FINRA, SIPC.
- Regulators: only iFOREX offers CySEC, BVI FSC.
- Founded is lower at Fidelity: 1946 vs 1996.
- iFOREX is licensed in 1 more country.
- Minimum deposit is lower at Fidelity: $0 vs $100.
- Inactivity fee is lower at Fidelity: $0 vs $15.
- Markets: only Fidelity offers Options, Bonds, Funds.
- Markets: only iFOREX offers CFDs, Crypto.
- Support channels: only Fidelity offers Phone, Community.
Our verdict on each
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.
iFOREX
iFOREX suits European traders who want forex, CFDs, crypto, shares and ETFs in a single commission-free account, and who put regulation and predictable costs above a small opening deposit. The EU entity sits under CySEC, with investor protection of EU ICS up to EUR 20,000 for accounts taken there.
Score breakdown
| Area | Fidelity | iFOREX |
|---|---|---|
| Cost | 9.1HigherSite ranks it 1 of 138 on account fee and 1 of 161 on stock trade fee. | 8.8Opening deposit of $100 and inactivity charge of $15 sit above the site medians of €4.64 and €0. |
| Offer | 9.5Higher | 8.7 |
| Trust | 9.8Higher | 9.5 |
Licences and countries
| Country | Fidelity | iFOREX |
|---|---|---|
| Cyprus | Not confirmed | CySEC 143/11 |
| United States | SIPC SIPC member 23292 | Not confirmed |
| Virgin Islands, British | Not confirmed |
Side by side, item by item
| Markets | Fidelity | iFOREX |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| CFDs | No | Yes |
| Options | Yes | No |
| Futures | Yes | No |
| Crypto | No | Yes |
| Bonds | Yes | No |
| Funds | Yes | No |
Where they rank in our lists
| Ranking | Fidelity | iFOREX |
|---|---|---|
| Stock and ETF brokers | 46 of 471 | 141 of 471 |
| Forex brokers | 17 of 147 | 61 of 147 |
| Low-spread forex brokers | 15 of 145 | 59 of 145 |
What we checked
Fidelity
- brokerage-review.com: 6 facts, checked September 26, 2026
- editorialge.com: 5 facts, checked September 26, 2026
- en.wikipedia.org: 4 facts, checked September 26, 2026
- fidelity.com: 1 fact, checked September 26, 2026
- sipc.org: 1 fact, checked September 26, 2026
iFOREX
- iforex.com: 4 facts, checked September 26, 2026
- play.google.com: 3 facts, checked September 26, 2026
- myfxbook.com: 2 facts, checked September 26, 2026
- tradingfinder.com: 2 facts, checked September 26, 2026
- custommapposter.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Fidelity | iFOREX |
|---|---|---|
| Features | Fractional shares, Demo account, Mobile app, Crypto, Options, FuturesCovers more | Crypto, Demo account, Mobile app |
| Pricing model | Commission free | Commission free |
| Audience | Beginners, Experienced | Not confirmed |
| Legal entity | FIDELITY BROKERAGE SERVICES LLC | iCFD Limited |
| Headquarters | United States | Not confirmed |
| Founded | 1946Lower | 1996 |
| Support channels | Phone, Community | Help centre |
Robo-advisors
| Fact | Fidelity | iFOREX |
|---|---|---|
| Portfolio types | ETF, ESG, Crypto | Not confirmed |
Where each stands against the rest
| Fact | Fidelity | iFOREX | Median |
|---|---|---|---|
| Minimum deposit | $0below the median | $100above the median | $25 |
| Stock trade fee | $0at the median | $0at the median | $0 |
| Account fee | $0at the median | Not confirmed | $0 |
| Inactivity fee | $0at the median | $15above the median | $0 |
| Retail accounts that lose money | Not confirmed | 80%highest quarter | 72.05% |
| Margin rate | 12.375%highest quarter | Not confirmed | 8.75% |
Median across 134 listed brokers.
Pros and cons
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
iFOREX
Pros
- Stock trade fee of $0, ranking 1 of 161 brands on that cost.
- Regulated by CySEC and BVI FSC, with iCFD Limited as the named EU entity.
- EU investor protection of EU ICS up to EUR 20,000 for accounts taken in the EU.
Cons
- Minimum deposit of $100 ranks 148 of 213, so the entry point is high.
- Support runs on help centre only.
- Inactivity fee of $15 ranks 42 of 56.
Who each suits
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
iFOREX
Who it suits
- Traders who want stocks, etfs and forex in a single account and can fund $100, while Vantage opens at $5.
- EU clients who prefer CySEC oversight and EU ICS up to EUR 20,000 to the route run by the BVI FSC.
- Savers happy to work from iFOREX App and practise on a demo account first.
Who should look elsewhere
- Small starters: CFI opens at $0 and Vantage at $5, both below iFOREX's $100.
- Broader market seekers: eToro lists stocks, etfs and forex, adding futures to iFOREX's stocks, etfs and forex.
- Traders who want phone or chat support, since support runs on help centre only.
Country by country
| Country | Fidelity | iFOREX |
|---|---|---|
| United States | Yes | No |
Questions about each
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.
iFOREX
What does it cost to trade a stock?+
The stock trade fee is $0. iFOREX runs a commission free pricing model, so there is no per-trade commission layered on top, and the account covers stocks, etfs and forex. The cost side of the ledger is the deposit and any inactivity charge, not the trade itself.
How much do I need to deposit to open an account?+
The minimum deposit is $100. That puts iFOREX towards the dearer end of the field: it ranks 148 of 213 brands on minimum deposit. CFI opens at $0 and Vantage at $5, so a lighter entry is available elsewhere.
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