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Compare brokers side by side before you choose.

Pick up to four brokers and quickly spot the differences that change a decision: trust, fees, platforms, withdrawals, restrictions, and notes you should verify.

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
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Saxo Bank

home.saxo

Bank Investment PlatformStock BrokerETF
Fidelity

fidelity.com

Stock BrokerETF BrokerETF
Decision summary
Overall score
84
91
Trust score
100
100
Cost score
73
89
Platform score
94
94
Withdrawal score
71
89
Best for
Needs verification
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
CFD loss warning: 64% of retail investor accounts lose money with this provider; all trading/investing carries risk.
Needs verification
Trust & regulation
Regulators
Saxo Bank A/S is supervised by the Danish FSA; group entities are locally supervised in several jurisdictions.
Source
Fidelity Brokerage Services LLC is SEC registered and regulated by FINRA; FBS and NFS are members of NYSE and SIPC.
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License numbers
Company registration no. 15731249; license no. 1149.
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FBS CRD# 7784 / SEC# 8-23292; NFS CRD# 13041 / SEC# 801-50706, 8-26740.
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Regulated entities
Major Saxo entities listed in official LEI/GIIN/license disclosures; client contracts depend on residence/entity.
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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.
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Negative balance protection
Retail/client/product/entity-specific; professional status waives negative balance protection.
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Not applicable/not disclosed as a CFD-style negative balance protection policy; margin trading can create debt/interest obligations.
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Investor compensation
Investor compensation up to EUR 20,000 for non-returned financial instruments under Danish DGS, subject to scope/exclusions and entity.
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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.
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Restricted countries
Comprehensive restricted-country list not disclosed in reviewed official global sources.
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U.S.-persons focused; sanctioned countries/prohibited parties restricted; no exhaustive country availability list found.
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Costs & account conditions
Minimum deposit
No minimum initial funding; Classic default tier has no minimum funding required.
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.
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Spread from
FX spreads from 1 pip on EUR/USD / major FX examples, with lower tier examples for Platinum/VIP.
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Not applicable to Fidelity's core U.S. stock/ETF brokerage model; securities trade by exchange/market prices rather than quoted CFD/FX spreads.
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Commission
Indicative multi-asset commissions vary by country, product and tier; exact pricing is in platform trade tickets.
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$0 online U.S. stock and ETF trades; $0 online options commission plus $0.65/contract; other product/service fees apply.
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Maximum leverage
Maximum leverage is country/client/product-specific.
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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.
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Deposit fee
Deposit fees not disclosed globally in reviewed official pages.
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$0 Fidelity fee for EFT and Fidelity does not charge wire fees; external banks may charge.
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Withdrawal fee
Withdrawal fees are region/method-specific; no global fee verified.
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$0 Fidelity fee for EFT and domestic bank wire withdrawals; foreign exchange wire up to 3% of principal; receiving bank may charge.
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Inactivity fee
Saxo does not charge an inactivity fee.
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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'.
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Markets, platforms & payments
Tradable assets
Stocks, ETFs, bonds, mutual funds, options, futures, forex, CFDs and commodities; official about page says 71,000+ instruments.
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Stocks, ETFs, mutual funds, options, crypto, fixed income, bonds and CDs; Fidelity says stocks include domestic and international.
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Trading platforms
One login, two platforms: SaxoInvestor and SaxoTrader; web, mobile apps and desktop app.
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Fidelity.com, Fidelity mobile app, Fidelity Trader+ Web/Desktop/Mobile mode, and legacy Active Trader Pro Classic.
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Account types
Individual, joint, corporate and professional status account options are shown.
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Broad account menu including taxable brokerage, retirement/IRA, cash management, HSA, custodial/youth, education, trust/business, managed and crypto accounts.
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Deposit methods
International payment instructions link standard settlement instructions, card funding and funds transfer request documents.
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EFT/ACH, bank wire, check/mobile check, direct deposit, recurring deposit, Fidelity-to-Fidelity/account transfer, transfer of assets, and eligible payment apps.
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Withdrawal methods
Withdrawal methods vary by region/entity.
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EFT/ACH, bank wire, paper check, Fidelity-to-Fidelity transfers, third-party/person-to-person transfers and eligible debit card/ATM access.
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Withdrawal processing time
Global withdrawal timing not disclosed; region example: within two working days in Switzerland.
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EFT withdrawals 1-3 business days; bank wire same day if submitted by 4 p.m. ET; paper check about 5-6 days.
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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.