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Fidelity vs Venom Trading : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Fidelity
Venom Trading
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
STP broker
ECN
Years of Existence / Established Year
1946
2004
Customer Base / Number of Accounts
51.4 million
Info not available
Regulation & Security
Regulations (governing bodies)
SEC, MSRB, FINRA
FINRA NFA SIPC
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 professional trading by stockbrokers.com
Security Measures
FDIC , SIPC
SIPC
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes* Restriction for some clients
No
Negative Balance Protection
No
No
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
-
Currency Pairs
No
Yes
Commodities
No
No
Indices
No
No
Cryptocurrencies
Yes
No
CFDs
No
No
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
Yes
Futures
No
Yes
Bonds
Yes
Yes
Mutual Funds
Yes
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
No
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
No
Other Trading Platforms (proprietary, etc.)
Trading dashboard, Fidelity mobile, Active Trader Pro
Venom mobile Venom desktop Venom web
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes except Mac
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 account IRA account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
No
Minimum Deposit
$0
$5,000
Leverage Available
No
1:4
Trade Limit (maximum per trade)
Depends on assets class
Trade size vary on each asset
Commission (per account type)
$0
NA
Best Suited For (e.g., beginners, experienced traders)
Beginners and experienced traders
Experienced
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
Wire transfer ACH transfer Online bill pay
Withdrawal Methods
Electronic funds transfer (EFT), Bank wire, Paper check, Paper bill varies by account types
ACATS DWAC DRS
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
Short videos & courses Recorded webinars
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
Equities - $0.004/share Options - $0.75 per contract Futures - $1.25 / contract
Spread (typical, fixed, variable)
NA
Typical
Per Lot Fees
NA
NA
Options Contract Fees
$0.65/ Contract fee
$0.75 per contract
Futures Contract Fees
NA
$1.25 per contract per side
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
No
1:4
Non-Trading Fees
Dormant Fees
$0
NA
Subscription Fees (for premium features, data feeds)
NA
$0
Advisory Fees
NA
NA
Swap Fees (Overnight Financing)
NA
Yes
Statement or Document Fee
NA
NA
Account Opening Fee
$0
$0
Account Maintenance Fee
$0
IRA - $7.5 quarterly fee
Deposit Fee
$0
$0
Currency Conversion Fee
$50/ per trade
Vary for different exchanges
Withdrawal Fee
Wire transfer-$3
Wires - $10 Checks - $4 ACH/EFT - $1 SEPA - NA
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
No
No
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 Friday - 7am to 4.30pm CST
Customer Support
Support Hours (e.g., 24/7, weekdays only)
8:30 a.m. - 8:30 p.m. ET , Monday- Friday
24/5 weekday customer service
Customer Support Methods (phone, email, live chat)
Phone: 800-343-0860, 800-835-5095, Live chat, Login for personalized help, FAQs
Ph-877-792-6272 Customer service line - 877-442-2757 Fax - 972-491-3111 Email - [email protected]
Support Languages
2
1
Additional Information
Headquarters Location
Boston, MA
3008 E. Hebron Pkwy Building 400, Carrolton TX 75010
Complaints (for crypto brokers)
No
No
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