Direct FX vs Fidelity, for 2024
Direct FX Rating
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Fidelity Rating
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Losses can exceed deposits |
Your capital is at risk |
Direct FX vs Fidelity Guide |
Read our In-Depth Direct FX vs Fidelity Review - 2024 Update
Our comprehensive analysis of Direct FX and Fidelity has been revised for 2024 from industry experts boasting extensive financial experience across Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of Direct FX vs Fidelity does not apply to all countries as follows:
Direct FX Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Fidelity Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Direct FX vs Fidelity
Every platforms for online trading will have some pros and cons, so any comprehensive analysis of Direct FX vs Fidelity would not be regarded as thorough without adopting a fair assessment.
Compare Direct FX and Fidelity to understand just how they line up against one another before you decide to open an account. Conducting a side-by-side comparison will put things in perspective to ensure that you remain informed about the expectations.
So you are looking for a broker and are choosing between Direct FX or Fidelity. Who is better in 2024?
This Direct FX vs Fidelity comparison contains the latest information so you can easily compare Fidelity against Direct FX.
If you are a new entrant in the world of trading and brokerages, so many details will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough knowledge. You will get proficient at all the concepts of brokerage since you keep trading. For starters, you need to select the ideal broker who'll be transparent with you constantly.
In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. Direct FX and Fidelity are just two such platforms that will take you along with your investment into great heights. It is crucial to compare Direct FX vs Fidelity until you trust them with your money.
Our Direct FX vs Fidelity comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Direct FX and Fidelity side by side.
Our full Direct FX vs Fidelity Review covers everything you will need to learn about trading using either Direct FX or Fidelity. A fantastic broker can multiply your first investments and give you favorable profits. If you would like to earn profits, you should trade with a brokerage service that contrasts with your investment objectives.
There is no sure-fire way to guarantee profits; thus, you should carefully analyze your broker before you choose them. It is a frequent misconception that all agents will be the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
Direct FX and Fidelity are both brokers which have forged their way successfully to the brokerage world. In this review, we have tried to collate some of the vital facets of both Direct FX and Fidelity. This review can allow you to understand whether either Fidelity or Direct FX is a fantastic fit for your investments or not. We have tried to breakdown all the features and fees for your advantage.
Benefits of Direct FX and Fidelity Compared
Direct FX has a minimum deposit of $1 while Fidelity offers a $100 minimum deposit.
Why smaller minimum deposits are good and how Direct FX and Fidelity compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Direct FX allows you to trade around financial instruments whilst Fidelity allows you to trade around financial instruments on their platform.
The more instruments you can trade on the Direct FX and Fidelity trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of Direct FX or Fidelity.
Direct FX and Fidelity Contact Details
Being able to contact your broker easily is a sign of a professional broker. Direct FX and Fidelity have the following contact details and social medias that you can use.
Broker | Direct FX | Fidelity |
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Telephone Number | ||
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Direct FX Twitter Account | Fidelity Twitter Account | |
Direct FX Facebook Page | Fidelity Facebook Page | |
Direct FX Instagram Account | Fidelity Instagram Account | |
Direct FX LinkedIn Page | Fidelity LinkedIn Page | |
YouTube | Direct FX YouTube Channel | Fidelity YouTube Channel |
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Fidelity and Direct FX Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing Direct FX and Fidelity will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Direct FX vs Fidelity - Awards
Direct FX vs Fidelity - Frequently Asked Questions
Direct FX vs Fidelity - Headquarters And Year Of Founding
Direct FX was founded in 2006 and has its headquaters in New Zealand.
Fidelity was founded in 2008 and has its headquaters in USA.
What is the minimum deposit for Fidelity or Direct FX
The minimum deposit for Direct FX is $1.
The minimum deposit for Fidelity is $100.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Direct FX and Fidelity are a good option.
Direct FX vs Fidelity - Regulation And Licencing In More Detail
Direct FX is regulated by Unregulated.
Fidelity is regulated by Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC).
Direct FX is unregulated but Fidelity has a powerful collection of rules for ensuring fair trading on its individual platforms. For information encryption purposes, they provide industry-standard secure socket layer (SSL).
In accordance with their own privacy policy, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Direct FX vs Fidelity Commission And Fees
Direct FX and Fidelity are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled much better. In other words, an online broker isn't necessarily influenced by the number of clients they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 different types of penalties for this objective.
The first kind of fees to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading charges. In such cases, you are paying a spread, financing speed, or a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread denotes the difference between the buying and selling price. Funding or overnight prices are those who are billed when you hold a leveraged position for more than a day.
Apart from trading charges, online agents also bill non-trading fees. These are determined by the activities you undertake on your account. They are billed for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither Direct FX or Fidelity charge high fees compared to other online agents. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for people who often exchange, such as weekly or daily trading.
But, non-trading fees charged by Direct FX and Fidelity are comparatively higher. As a result, you are charged more for non-trading actions in your trading account, such as withdrawal and deposits. These are not related to the sale and purchase of assets.
This Direct FX vs Fidelity review for 2024 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For Direct FX And Fidelity
Broker | Direct FX | Fidelity |
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Minimum Deposit | $1 | $100 |
Withdrawal Fees | No | No |
Inactivity Fees | No | Yes |
Deposit Fees | Yes | No |
CFD Fees | Yes | Yes |
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What Languages Do Direct FX And Fidelity Support?
Being able to communicate easily with your online platform is a key part of comparing trading platforms to find your perfect broker. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key factor to success when trading online.
Below you will find all the languages that both Direct FX and Fidelity offer communication in.
Broker | Direct FX | Fidelity |
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Languages Supported | English, and Chinese | English, and Chinese |
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How Many Clients Do Direct FX and Fidelity Have?
Both Direct FX and Fidelity are well established with their client base. It is really important to work with an online broker that is reputable and one of the most simple ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many users Direct FX and Fidelity are active on their platform
Broker | Direct FX | Fidelity |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do Direct FX and Fidelity Accept?
Direct FX and Fidelity both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Direct FX and Fidelity
Broker | Direct FX | Fidelity |
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Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | No | No |
Skrill | No | No |
Payoneer | Yes | Yes |
Neteller | No | No |
Find Out More |
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What Can You Trade With Direct FX and Fidelity?
Direct FX offers trading instruments whilst Fidelity offers 98.
Below you will find a full breakdown of what both Direct FX and Fidelity offer.
Direct FX Review
Direct FX vs Fidelity:
Table Of Contents
- Compare Direct FX vs Fidelity
- Benefits of Direct FX and Fidelity Compared
- Fidelity and Direct FX Mobile App Comparison
- Direct FX vs Fidelity - Awards
- Direct FX vs Fidelity - Frequently Asked Questions
- What is the minimum deposit for Fidelity or Direct FX
- Direct FX vs Fidelity - Regulation And Licencing In More Detail
- Compare Broker Fees For Direct FX And Fidelity
- What Languages Do Direct FX And Fidelity Support?
- How Many Clients Do Direct FX and Fidelity Have?
- What Payment Methods Do Direct FX and Fidelity Accept?
- What Can You Trade With Direct FX and Fidelity?