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Head to head
Fidelity Investments or Saxo? Fees, regulation, platform and product range compared side by side — with a verdict drawn from the data.
Risk warning: CFDs and leveraged products are complex instruments and come with a high risk of losing money rapidly. Investments can fall in value. Past performance is not an indicator of future results.
The research-and-education benchmark for US investors, with the cheapest funds in the industry attached.
A Danish bank that trades like a professional platform — broad, polished, and no longer expensive.
Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.
Four decision axes, each derived from the recorded data.
Overall Fidelity Investments takes it, 4.6 against 4.4 out of 5. Fidelity Investments is the cheaper of the two: a reference EUR 5,000 stock order costs €0.00 there against €4.00. Saxo scores 96 against 73 out of 100 on the group index. Your account's protection depends on its legal entity. Saxo covers more ground with 11 of 14 asset classes against 7. On platform and app Saxo is ahead, 4.7 against 4.6 out of 5. Which one is right depends on which of these axes matters for your trading profile.
Fidelity InvestmentsSaxoFidelity InvestmentsSaxoFidelity InvestmentsSaxoFidelity InvestmentsSaxoFidelity InvestmentsSaxoUp to four brokers at once — every row a decision point.
Data as of: 30 Aug 2026
| Criterion | ||
|---|---|---|
| Overall score | 4.6 — Better | 4.4 |
| Group index | 73 of 100 | 96 of 100 |
| Best for | US long-term investorsIndex fund and ETF buyersResearch-driven stock pickersRetirement accountsCash management | Multi-asset portfoliosBond investorsOptions and futures tradersPlatform quality seekersEuropean investors wanting a bank |
| Regulation | SECFINRAFDIC | DFSAFCAFINMAMASJFSA |
| Top-tier licences | 3 | 5 — Better |
| Investor protection | US$500,000 — Better | CHF 100,000 |
| Listed group | No | No |
| Banking licence | No | Yes |
| Segregated client accounts | Yes | Yes |
| Negative balance protection | No | Yes |
| Audited financials | Yes | Yes |
| Disclosed regulatory actions | 2 | None |
| Founded | 1946 | 1992 |
| Headquarters | Boston, US | Copenhagen, DK |
| Fees | 4.7 — Better | 4.2 |
| Safety & regulation | 4.7 | 4.7 |
| Trading platform | 4.5 | 4.7 — Better |
| Product range | 3.9 | 4.8 — Better |
| Mobile app | 4.6 | 4.6 |
| Research | 4.9 — Better | 4.5 |
| Customer support | 4.8 — Better | 3.8 |
| Deposit & withdrawal | 4.3 — Better | 4.0 |
| Account opening | 4.2 | 4.2 |
| Education | 4.8 — Better | 4.0 |
| Reference order EUR 5,000 | €0.00 — Better | €4.00 |
| Minimum deposit | None | None |
| Stocks (per order) | Free | 0.08 % |
| US stocks | Free | 0.08 % |
| ETFs | Free | 0.08 % |
| Options | US$0.65 — Better | US$2 |
| Futures | Not offered | US$3 |
| Crypto | in the spread | n/a |
| Bonds (order) | US$1 — Better | 0.2 % |
| Funds (order) | US$49.95 | Free |
| EUR/USD spread | n/a | 0.7 pips |
| Index CFD spread | n/a | n/a |
| FX conversion | 1 % | 0.25 % — Better |
| Inactivity fee | None | None |
| Custody fee | None — Better | 0.15 % p.a. |
| Withdrawal fee | free | free |
| Deposit fee | free | free |
| Overnight financing | n/a | n/a |
| Other fees |
|
|
| Asset classes (of 14) | 7 | 11 — Better |
| Exchanges | 25 | 50 — Better |
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Options | Yes | Yes |
| Futures | No | Yes |
| Forex | No | Yes |
| CFDs | No | Yes |
| Crypto | Yes | No |
| Bonds | Yes | Yes |
| Funds | Yes | Yes |
| Commodities | No | Yes |
| Indices | Yes | Yes |
| Warrants | No | Yes |
| Spread betting | No | No |
| Social trading | No | No |
| Platforms | Fidelity.com web platformFidelity Trader+ (formerly Active Trader Pro)Fidelity MobileFidelity Crypto | SaxoTraderGOSaxoTraderPROSaxoInvestorSaxo mobile appSaxo OpenAPITradingView integration |
| Demo account | No | Yes |
| Fractional shares | Yes | No |
| Maximum leverage | 1:2 | 1:30 · Pro 1:200 |
| Account opening | Around 10 minutes online for US residents; funded and tradable the same day via a linked bank | Fully online with electronic ID in most markets; often same day, otherwise 1–3 business days |
| Account types | The Fidelity Account (brokerage)Fidelity Cash Management AccountTraditional / Roth / Rollover IRAFidelity Youth and custodial accounts | ClassicPlatinumVIP |
| Payment methods | Bank transferCheque | Bank transferSEPA |
| Account currencies | USD | EURUSDGBPCHFDKKSEKNOKAUDCADJPY+9 |
| Deposit time | Instant trading availability on a linked bank transfer; 1–3 business days to fully clear | SEPA same day to 2 business days; international wire 1–3 business days |
| Withdrawal time | 1–3 business days by electronic funds transfer; same day by wire | Usually 1 business day to the registered bank account |
| Free withdrawals | n/a | n/a |
| Languages | EnglishSpanishChinese | EnglishDanishGermanFrenchItalianSpanishDutchPolishCzechSwedish+4 |
| Channels | PhoneEmailLive chatBranch | PhoneEmailLive chatTicket system |
| Availability | 24/7 | Monday to Friday, local office hours across 16 service locations; trading desks cover market hours |
Editorial assessment based on the recorded data.
Fidelity Investments
The research-and-education benchmark for US investors, with the cheapest funds in the industry attached.
Pros
Cons
Best for
Saxo
A Danish bank that trades like a professional platform — broad, polished, and no longer expensive.
Pros
Cons
Best for
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Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.
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