TradingCritique

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Fidelity vs Plus500 : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Fidelity

Fidelity

VS
Plus500

Plus500

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Broker Overview

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

STP broker

Market maker

Years of Existence / Established Year

1946

2008

Customer Base / Number of Accounts

51.4 million

20 Million


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Regulation & Security

Regulations (governing bodies)

SEC, MSRB, FINRA

FCA, CYSEC, ASIC, FMA, FSCA, FSP, ISA, FSA, MAS, DFSA, FSA, SCB

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 in Class for Trust Score 2024, GLOBAL TRADING ADVFN International Financial Awards

Security Measures

FDIC , SIPC

Anti-Money Laundering

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes* Restriction for some clients

Yes

Negative Balance Protection

No

Yes


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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

2800+

Currency Pairs

No

No

Commodities

No

No

Indices

No

No

Cryptocurrencies

Yes

No

CFDs

No

Yes

ETFs

Yes

No

Stocks

Yes

No

Options

Yes

Yes

Futures

No

Yes

Bonds

Yes

No

Mutual Funds

Yes

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

No

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

No

No

Other Trading Platforms (proprietary, etc.)

Trading dashboard, Fidelity mobile, Active Trader Pro

Mobile and web trading platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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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)

Retail Account & Demo Account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

$100

Leverage Available

No

1:30

Trade Limit (maximum per trade)

Depends on assets class

Depends on the asset type

Commission (per account type)

$0

$0

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

Beginners and experienced traders

Experienced traders


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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

Credit, Debit, Master card, Bank transfer, e-wallets

Withdrawal Methods

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

Credit, Debit, Master card, Bank transfer, e-wallets

Other E-Wallets Supported

Venmo or PayPal

PayPal, Skrill


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Tools & Educational Resources

Economic Calendar

No

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

Trading Academy Online Courses, Market News and Analysis, Webinars, Trading Guides and eBooks, Video Tutorials, Trader's Guide Beginner's Guide


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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

Commission-$0

Spread (typical, fixed, variable)

NA

Variable

Per Lot Fees

NA

NA

Options Contract Fees

$0.65/ Contract fee

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

No

1:30


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Non-Trading Fees

Dormant Fees

$0

$10 per month inactive for three months

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

NA

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

$0

NA

Account Maintenance Fee

$0

NA

Deposit Fee

$0

$0

Currency Conversion Fee

$50/ per trade

0.70%

Withdrawal Fee

Wire transfer-$3

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

No

No

Customer Benefits (e.g., Retirement Plan)

Yes

No


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Trading Hours

Trading Hours (for each asset class if applicable)

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

Depends on the instrument offer


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Customer Support

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

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

24/7

Customer Support Methods (phone, email, live chat)

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

Call +65 6320 1111 or +65 6320 1119, Email to Plus500's customer support, Live chat

Support Languages

2

32+


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Additional Information

Headquarters Location

Boston, MA

Menachem Begin 125 Tel Aviv, Israel.

Complaints (for crypto brokers)

No

No


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.
Fidelity is known for competitive pricing on basic trades, especially for beginners. However, Plus500 fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
Fidelity gets you trading faster thanks to its minimal entry barriers. In comparison, Plus500 account setup is slower but includes extra layers of financial screening and suitability assessments.
Fidelity excels in real-time trade execution with minimal latency, whereas Plus500 complements its execution with strong analytical modules and educational support within the platform.
Fidelity strength lies in high-performance trading, while Plus500 provides a more accessible route for everyday investors.