TradingCritique

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

Broker Name

Fidelity

Fidelity

VS
Venom Trading

Venom Trading

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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


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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


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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

-

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

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

No

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

Yes


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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

Venom mobile Venom desktop Venom web

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes except Mac


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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)

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


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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

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


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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


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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

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


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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


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

No

No

Customer Benefits (e.g., Retirement Plan)

Yes

Yes


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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.

Monday to Friday - 7am to 4.30pm CST


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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

24/5 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


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Additional Information

Headquarters Location

Boston, MA

3008 E. Hebron Pkwy Building 400, Carrolton TX 75010

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.
If minimizing trading costs is your top priority, Fidelity might be more attractive due to its lower commissions. Meanwhile, Venom Trading justifies its moderate fees with more robust tools and professional-grade features.
Creating an account with Fidelity is generally faster and more user-friendly, often taking just a few minutes, while Venom Trading requires more detailed steps and identity verification, which may suit more cautious investors.
Fidelity excels in real-time trade execution with minimal latency, whereas Venom Trading complements its execution with strong analytical modules and educational support within the platform.
For market veterans, Fidelity brings the tools they need. New investors might find Venom Trading more approachable and cost-effective.