• Comparison
• eToro vs Fidelity

eToro ranks among the leading copy trading brokers with 30M+ clients who benefit from a user-friendly web-based trading platform and mobile app. eToro offers 3,000+ assets and has an expanding presence in the cryptocurrency sector. Its primary copy trading tool, CopyTraders and Smart Portfolios, and its custom-tailored investment product featuring thematic long-term buy-and-hold investment managed in-house by eToro are at the core of its success.

Fidelity presents its Active Trader Pro platform, including tools like Trade Armor, allowing clients to visualize trade and risk management strategies, and the Daily Dashboard, which displays data relevant to open positions. Clients also benefit from superb research, like the Social Sentiment Score, helping traders navigate social media trends and independent research reports.

We have conducted an in-depth review of eToro and Fidelity to determine which presents the better overall choice and which types of traders will benefit the most at each broker.

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• eToro vs Fidelity - Verdict

Headquarters	Israel	United States
Regulators	ASIC, CySEC, FCA, FSA	FINMA, SEC
Tier 1 Regulator(s)?
Owned by Public Company?
Year Established	2007	1946
Execution Type(s)	Market Maker	Market Maker
Minimum Deposit	$50 - $10,000	$1
Negative Balance Protection
Trading Platform(s)	Proprietary platform	Proprietary platform, ATpro platforms
Average Trading Cost EUR/USD	1.0 pips	Not applicable
Average Trading Cost GBP/USD	2.2 pips	Not applicable
Average Trading Cost WTI Crude Oil	$0.05	Not applicable
Average Trading Cost Gold	$0.45	Not applicable
Retail Loss Rate	74%	Undisclosed
Minimum Raw Spreads	0.8 pips	Not applicable
Minimum Standard Spreads	1.3 pips	Not applicable
Minimum Commission for Forex	$0.00	Not applicable
Islamic Account
Signals
US Persons Accepted?
Managed Accounts
	Get Started	Get Started

Features & Platform

MT4
MT5
MT4/MT5 Add-Ons		N/A
cTrader
Proprietary Platform
Automated Trading		N/A
Social/Copy Trading		N/A
DOM?
Guaranteed Stop Loss		N/A
Scalping		N/A
Hedging		N/A
One-Click Trading
OCO Orders		N/A
Interest on Margin		N/A
	Get Started	Get Started

Noteworthy:

eToro provides its in-house cryptocurrency wallet, a mobile e-money account, and eToro Academy. Fidelity is among the most dominant global asset managers, with $4.3+ trillion in assets under management.

Available Markets

Currency Pairs
Cryptocurrencies
Commodities
Crude Oil
Gold
Metals
Equity Indices
Stocks		N/A
Stocks (non-CFDs)
Bonds
ETFs
Options
Futures
Synthetics
	Get Started	Get Started

Traders at eToro get a well-balanced asset selection featuring 3,000+ trading instruments focused on liquid and popular equity CFDs and ETFs. Forex traders get an above-average choice, while traders of other asset classes receive a sufficient selection for cross-asset diversification. Fidelity shines with its equity, ETF, option, and mutual fund offerings with access to 25 countries and 16 currencies.

Typical Spreads & Fees

Average Trading Cost EUR/USD	1.0 pips	Not applicable
Average Trading Cost GBP/USD	2.2 pips	Not applicable
Average Trading Cost WTI Crude Oil	$0.05	Not applicable
Average Trading Cost Gold	$0.45	Not applicable
Average Trading Cost Bitcoin	$574	1% maximum spread
Minimum Raw Spreads	0.8 pips	Not applicable
Minimum Standard Spreads	1.3 pips	Not applicable
Minimum Commission for Forex	$0.00	Not applicable
Deposit Fee
Withdrawal Fee
Inactivity Fee	$10 monthly after 12 monthd	no
	Get Started	Get Started

eToro and Fidelity offer commission-free equities and ETFs that the former applies to unleveraged buy-only orders. eToro also features commission-free Forex trading with minimum spreads of 1.0 pips or $10.00 per lot, while Fidelity has no-fee mutual funds. Option traders pay $0.65 per contract, and bonds cost $1.00 per bond. These are two asset classes unavailable at eToro.

Account Types

Clients at eToro get the same trading account, with the sole difference being the minimum deposit requirement, as it depends on the geographic location of traders. Fidelity lists ten account types and is a leading broker for retirement accounts and long-term buy-and-hold investment portfolios. Fidelity also has a youth account with a debit card. Both brokers offer demo accounts. However, eToro also provides a swap-free Islamic account.

Minimum Deposit

Fidelity has a minimum deposit requirement of $1 for non-retirement accounts and $10 for retirement accounts. The daily maximum deposit amount is $250,000, and select services, like its robo-advisory, have minimum capital requirements. The eToro minimum deposit is just $10 for US and UK-resident traders and $50 for EU traders. Most international clients must commit $200, and Israeli-resident traders have to deposit $10,000.

Minimum Withdrawal

eToro has a reasonable minimum withdrawal amount of $30, which Fidelity bests with its $0 threshold. Clients at eToro must pay a $5 flat fee for withdrawals, which are free at Fidelity. Potential third-party payment processing fees may apply to both brokers. Withdrawal times are faster at eToro, where money management remains more trader-friendly due to more payment processors and eToro Money, while Fidelity relies on bank-related options.

Security & Trust

Country of the Regulator	Australia, Cyprus, Seychelles, United Kingdom	United States
Name of the Regulator	ASIC, CySEC, FCA, FSA	FINMA, SEC
Regulatory License Number	491139, 109/10, 583263, SD076	8-23292, 7784
Regulatory Tier	N/A	1
	Get Started	Get Started

EToro

Fidelity

Security and trust are equally great at eToro and Fidelity. The latter has notably more operational experience, while the former complies with more global regulators. Both rank among the most trusted and secure brokers and are privately held. eToro and Fidelity segregate client deposits from corporate funds and provide investor protection.

Broker versus Broker Verdict

EToro

Fidelity

Fidelity is an excellent choice for long-term investors, retirement portfolios, and wealth management. Clients get a cutting-edge investment platform with high-quality research. While both brokers offer fractional share investments, eToro is better for traders and beginners overall. They benefit from an active copy trading community, a user-friendly trading platform and mobile app, and in-house management investment portfolios.

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