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Built for final-shortlist moments: select brokers, scan the trade-offs, then open the profile for deeper source notes.
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The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.
Broker 1
Broker 2
| VS field |  |  |
|---|---|---|
Decision summary | ||
| Overall score | 78 | 91 |
| Trust score | 82 | 100 |
| Cost score | 78 | 89 |
| Platform score | 72 | 94 |
| Withdrawal score | 76 | 89 |
| Best for | New Zealand residents investing in US shares and ETFs · Long-term investors using fractional shares, DRIP or auto-invest · Parents/guardians opening lower-cost Kids Accounts | Evidence supports Fidelity as a U.S.-focused, highly regulated multi-asset broker for stocks, ETFs, mutual funds, bonds/CDs, options, cash management, managed portfolios, and sepa… |
| Watch out | Needs verification | Needs verification |
Trust & regulation | ||
| Regulators | DriveWealth is regulated in the US by FINRA and is a SIPC member; Hatch is a member of FSCL and complaints can also be made to the FMA. Source | Fidelity Brokerage Services LLC is SEC registered and regulated by FINRA; FBS and NFS are members of NYSE and SIPC. Source |
| License numbers | Hatch Invest NZ Limited FSP1002151; NZBN 9429050041824 Source | FBS CRD# 7784 / SEC# 8-23292; NFS CRD# 13041 / SEC# 801-50706, 8-26740. Source |
| Regulated entities | Hatch Invest NZ Limited; DriveWealth, LLC Source | Primary securities brokerage entities are Fidelity Brokerage Services LLC (FBS) and National Financial Services LLC (NFS), each member NYSE/SIPC; advisory and crypto entities differ by product. Source |
| Negative balance protection | No leveraged CFD/forex or margin product was identified; cash brokerage accounts make negative balance protection not applicable rather than disclosed as a separate protection. Source | Not applicable/not disclosed as a CFD-style negative balance protection policy; margin trading can create debt/interest obligations. Source |
| Investor compensation | SIPC protection via DriveWealth and FDIC bank sweep for uninvested cash. Source | SIPC coverage up to $500,000/$250,000 cash plus Fidelity excess SIPC; FDIC sweep coverage may apply to eligible cash programs; important exclusions apply. Source |
| Restricted countries | NZ-focused service; first deposit requires NZ bank; full country restriction list not found. Source | U.S.-persons focused; sanctioned countries/prohibited parties restricted; no exhaustive country availability list found. Source |
Costs & account conditions | ||
| Minimum deposit | No minimum deposit amount; no minimum investment amount, with investing from as little as $1 USD mentioned on the pricing page. Source | $0 to open a retail brokerage account; Fidelity states no account minimum and ability to invest with as little as $1; exceptions apply by account/product. Source |
| Spread from | Hatch provides cash equity/ETF investing rather than spread-based CFD/forex trading; no trading spreads are advertised for brokerage. Source | Not applicable to Fidelity's core U.S. stock/ETF brokerage model; securities trade by exchange/market prices rather than quoted CFD/FX spreads. Source |
| Commission | USD 3 stock/ETF brokerage up to 300 shares; tiered auto-invest; lower Kids Account fees. Source | $0 online U.S. stock and ETF trades; $0 online options commission plus $0.65/contract; other product/service fees apply. Source |
| Maximum leverage | Margin accounts are not available through Hatch, so leverage is not applicable for Hatch accounts. Source | No universal maximum leverage ratio disclosed for Fidelity retail brokerage; margin borrowing is available subject to approval and margin requirements/rates rather than a single max leverage figure. Source |
| Deposit fee | 0.5% FX on NZD deposits; USD deposits have no Hatch fee. Source | $0 Fidelity fee for EFT and Fidelity does not charge wire fees; external banks may charge. Source |
| Withdrawal fee | 0.5% FX; no hidden extra withdrawal fee. Source | $0 Fidelity fee for EFT and domestic bank wire withdrawals; foreign exchange wire up to 3% of principal; receiving bank may charge. Source |
| Inactivity fee | No monthly fees or inactivity fees. Source | No explicit inactivity-fee line found in official fee schedule; official account pages state no retail brokerage account fees/no account or subscription fees. Treat as needs manual confirmation before publishing as '$0 inactivity fee'. Source |
Markets, platforms & payments | ||
| Tradable assets | Full and fractional shares in individual companies and ETFs listed on NYSE and Nasdaq. Source | Stocks, ETFs, mutual funds, options, crypto, fixed income, bonds and CDs; Fidelity says stocks include domestic and international. Source |
| Trading platforms | Hatch online/web platform and account portal; no separate third-party trading terminal advertised. Source | Fidelity.com, Fidelity mobile app, Fidelity Trader+ Web/Desktop/Mobile mode, and legacy Active Trader Pro Classic. Source |
| Account types | Individuals over 18, Kids Accounts through a parent/guardian, and family trusts are supported. Source | Broad account menu including taxable brokerage, retirement/IRA, cash management, HSA, custodial/youth, education, trust/business, managed and crypto accounts. Source |
| Deposit methods | First deposit must be NZD from a New Zealand bank account in the customer's name; later deposits may include USD and selected alternative services. Source | EFT/ACH, bank wire, check/mobile check, direct deposit, recurring deposit, Fidelity-to-Fidelity/account transfer, transfer of assets, and eligible payment apps. Source |
| Withdrawal methods | Withdrawals are currently only to NZ-registered banks; USD is exchanged to NZD and deposited into the customer's New Zealand bank account. Source | EFT/ACH, bank wire, paper check, Fidelity-to-Fidelity transfers, third-party/person-to-person transfers and eligible debit card/ATM access. Source |
| Withdrawal processing time | Typically 2-4 business days; allow up to a week in some cases. Source | EFT withdrawals 1-3 business days; bank wire same day if submitted by 4 p.m. ET; paper check about 5-6 days. Source |
BrokerVS provides broker comparison research only. Scores and evidence can vary by country, account type, and legal entity; users should verify source links before opening an account.