Fidelity vs HFM : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Fidelity

HFM

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

STP broker

Market maker broker

Years of Existence / Established Year

1946

2010

Customer Base / Number of Accounts

51.4 million

2500000 clients

Regulation & Security

Regulations (governing bodies)

SEC, MSRB, FINRA

FSC, CySEC, DFSA, FCA, ISA, FSCA, MAS, CMA, FMA

Awards Won (count for the last 2 years)

Best Online Broker for Beginning Investors 2024, Rated #1 for Overall Broker 2024, Best Online Broker 2023

Best Global Affliiate Programs 2024, Best Trading Accounts Global, Best Stock Broker 2023, Best Trading Platform Broker

Security Measures

FDIC , SIPC

Civil Liability insurance program with a limit of €5,000,000

SSL Encryption / 2FA

Yes

Segregated Funds

Yes* Restriction for some clients

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

10000+ mutual funds including fixed income, CDs, Annuities, life insurance, long-term Care Planning, 529 Plans IRAs, Health Savings Account

Over 500 markets including energies

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Bonds

Yes

Mutual Funds

Yes

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

Yes

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Trading dashboard, Fidelity mobile, Active Trader Pro

HFM Platform, Web trading, Mobile trading

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Fidelity® Cash Management Account., The Fidelity Account, Individual Retirement Account (IRA), 529 College Savings Account., Fidelity HSA, Custodial Account (UGMA/UTMA)

Cent, Zero, Pro , Premium, Corporate, Joint account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

Leverage Available

1:1000- 1:2000

Trade Limit (maximum per trade)

Depends on assets class

60/ 200 Standard lots per position depends on account types

Commission (per account type)

Best Suited For (e.g., beginners, experienced traders)

Beginners and experienced traders

Beginners to experienced traders

Deposit & Withdrawal Options

Deposit Methods

ATM/debit card, Deposits eligible for FDIC insurance, Cash Manager, Fidelity Mobile, Bill Pay, Check writing, Automatic investments, Automatic withdrawals, Direct deposit, Electronic funds transfer (EFT), e-wallets

Bank Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets

Withdrawal Methods

Electronic funds transfer (EFT), Bank wire, Paper check, Paper bill varies by account types

Bank Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets

Other E-Wallets Supported

Venmo or PayPal

FasaPay, Neteller

Tools & Educational Resources

Economic Calendar

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Research and Tools, Investment Education, Webinars and Online Courses, Market News and Insights, Retirement and Planning Tools

Webinars, eBooks and Guides, Video Tutorials

Fees & Commissions

Trading-Related Fees

Commission for U.S stocks, ETFs, Options- $0, Mutual funds- $49.95, Crypto spread- 1.0 pip, Margin liquidation -$32.95 per liquidation, Stock certificate transfer and ship $10 Per Certificate

Spread: starts from 0.0- 1.2 pips, commissions: $0.03 per 1k lot, Commission for Forex: $0.03 - $3, gold: $7- $14

Spread (typical, fixed, variable)

Variable

Per Lot Fees

Options Contract Fees

$0.65/ Contract fee

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

34:20:00

Non-Trading Fees

Dormant Fees

$10 inactive for 90 days

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

Deposit Fee

Currency Conversion Fee

$50/ per trade

Withdrawal Fee

Wire transfer-$3

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

Premarket session -7:00 a.m. to 9:28 a.m. ET.

Varies by instrument

Customer Support

Support Hours (e.g., 24/7, weekdays only)

8:30 a.m. - 8:30 p.m. ET , Monday- Friday

24/5

Customer Support Methods (phone, email, live chat)

Phone: 800-343-0860, 800-835-5095, Live chat, Login for personalized help, FAQs

Live support: Available 24/5, Email : [email protected], Phone: +44-203 097 85 71

Support Languages

27+

Additional Information

Headquarters Location

Boston, MA

financial hub of Limassol, Cyprus

Complaints (for crypto brokers)

At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.

If minimizing trading costs is your top priority, Fidelity might be more attractive due to its lower commissions. Meanwhile, HFM justifies its moderate fees with more robust tools and professional-grade features.

If speed and simplicity matter to you, Fidelity delivers a streamlined account setup. In contrast, HFM includes more documentation and KYC checks, which can delay access but ensures strong compliance.

While Fidelity focuses on mobile-first design and clean user experience, HFM includes features like in-depth charting, integrated news feeds, and strong desktop performance.

Advanced users will enjoy Fidelity capabilities, but HFM remains a favorite for its streamlined and beginner-centric approach.

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