Select Your Brokers to Compare
Fidelity vs MEXEM : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Fidelity
MEXEM
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
STP broker
STP
Years of Existence / Established Year
1946
2018
Customer Base / Number of Accounts
51.4 million
Info not available
Regulation & Security
Regulations (governing bodies)
SEC, MSRB, FINRA
Cysec AFM FSMA
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
No major awards listed
Security Measures
FDIC , SIPC
ICCL
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes* Restriction for some clients
Yes
Negative Balance Protection
No
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
150 + trading assets Warrant
Currency Pairs
No
Yes
Commodities
No
Yes
Indices
No
No
Cryptocurrencies
Yes
Yes
CFDs
No
Yes
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
Yes
Futures
No
Yes
Bonds
Yes
Yes
Mutual Funds
Yes
Yes
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
Yes
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
No
MT5
No
No
cTrader
No
No
Social Trading
No
Copy Trading
No
Yes
Other Trading Platforms (proprietary, etc.)
Trading dashboard, Fidelity mobile, Active Trader Pro
Client Portal Desktop TWS Mobile TWS MEXEM Lite Watch TWS MEXEM APIs
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
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)
Individual Accounts Instituitional Accounts
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
No
Minimum Deposit
$0
$0
Leverage Available
No
NA
Trade Limit (maximum per trade)
Depends on assets class
Varies for each product
Commission (per account type)
$0
NA
Best Suited For (e.g., beginners, experienced traders)
Beginners and experienced traders
Experienced only
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 Transfer
Withdrawal Methods
Electronic funds transfer (EFT), Bank wire, Paper check, Paper bill varies by account types
Bank Transfer
Other E-Wallets Supported
Venmo or PayPal
No
Tools & Educational Resources
Economic Calendar
No
No
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
Practical tutorials on using TWS trader workstatioin 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
FX - 0.005% Warrents - 0.2% for EUR & HKD. 0.12% for AUD Metals - 0.03% in USD Bonds - 0.15% Mutual Funds - 0.1% (Max Euro 4 and Min Eur 29) Futures & Options - vary for each currency contract Stocks & ETFs - vary for each currency
Spread (typical, fixed, variable)
NA
NA
Per Lot Fees
NA
NA
Options Contract Fees
$0.65/ Contract fee
0.65% per contract
Futures Contract Fees
NA
0.85% per contract
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
No
NA
Non-Trading Fees
Dormant Fees
$0
NA
Subscription Fees (for premium features, data feeds)
NA
NA
Advisory Fees
NA
$0
Swap Fees (Overnight Financing)
NA
NA
Statement or Document Fee
NA
NA
Account Opening Fee
$0
$0
Account Maintenance Fee
$0
$0
Deposit Fee
$0
$0
Currency Conversion Fee
$50/ per trade
0.05%
Withdrawal Fee
Wire transfer-$3
First withdrawal (within 30 days) is free for all methods. Wire/SEPA Euro: £8 /w. Wire USD: $10 /w SEPA GBP: £7 / w
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
No
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Premarket session -7:00 a.m. to 9:28 a.m. ET.
Monday to Thursday 8:30am to 8pm Friday 8:30 am to 5:30 pm Saturday and Sunday closed
Customer Support
Support Hours (e.g., 24/7, weekdays only)
8:30 a.m. - 8:30 p.m. ET , Monday- Friday
Monday to Thursday: 8:30am to 8:00pm. Friday: 8:30am to 5:30pm.
Customer Support Methods (phone, email, live chat)
Phone: 800-343-0860, 800-835-5095, Live chat, Login for personalized help, FAQs
Leave a message, Live chatCyprus - +357-25030447, mailto:[email protected]
Support Languages
2
10+
Additional Information
Headquarters Location
Boston, MA
Archiepiskopou Kyprianou, 1 Loucaides Building, 3036 Limassol, Cyprus
Complaints (for crypto brokers)
No
No
Explore More Broker Matchups
Here are more Comparisons to help you choose wisely
Our Latest Contents
Stay updated with our newest insights and guides!
Top Broker Reviews
Discover brokers trusted by global traders.
No