Fidelity Alternatives: Pros & Cons Updated for 2026
This alternatives to Fidelity guide has been updated for 2026 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to Fidelity to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to Fidelity like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, benefits to their customers. If you feel that Fidelity is not quite right for you then it would be worth getting a demo account with a lot of the top Fidelity alternatives and check if they are a better fit for you before moving any money around.
The most complete review of Fidelity alternatives online
There's many reasons Fidelity may not be a good fit for your trading needs. Whatever reason you are hunting for the top Fidelity alternative or Fidelity competitor with better services, comparebrokers.org will always try to give you as much useful information so you can find what it is you need. Below you will discover the most popular Fidelity alternatives.
For each of the below alternative to Fidelity, we break down the key differences to Fidelity and for each section show you the best competitors. For every Fidelity alternative online broker listed we also have detailed broker reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unhappy with Fidelity, discover some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Using a reputable and dependable online broker is vital to having a successful trading career. All of the Fidelity alternative platforms we list in this Fidelity alternatives guide have good reputations and fit what you are looking for.
Alternatives With Lower Minimum Deposit
Fidelity has a minimum desposit of $100, you should check how the minimum deposit requirements of Fidelity compare with the minimum deposits of Fidelity competitors. Trading platforms often offer lower minimum deposits to get users to test them out, but having higher a minimum deposit requirement isn’t always a bad thing, it all comes down to your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
Fidelity |
$100 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| ThinkMarkets |
$0 |
Alternatives Offering Demo Accounts
Fidelity offers virtual portfolio accounts so you can learn their systems before risking any real capital. New traders can open a virtual portfolio account in order to better understand the areas of Forex trading and test out some of the company’s features before signing up for a live account.
Below we detail some of the best alternatives to Fidelity that offer demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
Fidelity |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
Fidelity does not provide negative balance protection. If your balance is unfavorable, Fidelity indicates that you contact client services. Then you are able to correct any imbalances in your account.
Below we show some of the best alternatives to Fidelity that have negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
Fidelity |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
Fidelity unfortunately, does not offer guaranteed stop loss. Fidelity provides a chance to its dealers to close their trades at their specified price. Aside from this, Fidelity does not offer guaranteed stop loss.
Below we detail some of the best Fidelity alternatives that has guaranteed stop loss available for their customers.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
Fidelity |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
Fidelity do permit scalping. Many traders across the world select Fidelity due to their scalping services. They offer trading on iPad, iPhone, Android, Windows Phone 8 device, Website, Trader Pro which let this.
Below we detail some of the top alternatives to Fidelity that allow scalping functionality to their users.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
Fidelity |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
Fidelity do allow hedging. Several traders throughout the world select Fidelity for their hedging services. They offer trading on iPad, iPhone, Android, Windows Phone 8 device, Website, Trader Pro.
Below we show some of the top alternatives to Fidelity that allow hedging services to their customer base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
Fidelity |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
Fidelity's social trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is independent copy trading..
Below we detail some of the best alternatives to Fidelity that has social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
Fidelity |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
Fidelity's copy trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of social trading.
Below we list some of the top Fidelity alternatives that has copy trading to their customers
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
Fidelity |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare Fidelity To All Other Brokers