Comparison Fidelity vs PaxForex
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Fidelity vs PaxForex. Which of them: Fidelity or PaxForex a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of Fidelity on regular transactions of the stock exchange is $4.95, and PaxForex has a commission fee of spreads from 5 pips. The full online broker reviews contains more detailed information on the brokers’ commission fees.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided to customers by Fidelity and Stocks Trading, Forex Trading, Crypto Trading are provided by PaxForex. As for platforms, Fidelity offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while PaxForex offers Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Fidelity was founded in 1946 in USA, and it is regulated by SEC, FINRA, FCA (UK). And PaxForex was founded in 2014 in St. Vincent and Grenadines, and it is regulated by Not Regulated. We can withdraw funds from Fidelity with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $10 (Bank Wire). And PaxForex provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is varies. The withdrawal time for Fidelity is immediate (Bank Wire), and that one for PaxForex is within 1 business day.
Overall, Fidelity boasts 4.3 stars versus PaxForex 4 stars.