Comparison Fidelity vs Swissquote
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Fidelity vs Swissquote. Which of them: Fidelity or Swissquote 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 Swissquote has a commission fee of from £15. Let’s analyze the commission fees on trading options. Fidelity has a commission fee of $4.95 + $0.65, Swissquote has a commission fee of £1 per contract (Minimum £5). You can read more detailed information on commission fees in the online broker reviews.
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, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor are provided by Swissquote. As for platforms, Fidelity offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Swissquote offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, 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 established in 1946 in United States, and it is regulated by SEC, FINRA, FCA (UK). And Swissquote was established in Switzerland in 1996, and it is regulated by FCA, FINMA, DFSA, MAS, SFC. We can withdraw funds from Fidelity with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $10 (Bank Wire). And Swissquote provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is depends on account type. The withdrawal time for Fidelity is immediate (Bank Wire), and that one for Swissquote is 1-2 working days.
Overall, Fidelity boasts 4.3 stars versus Swissquote 4 stars.