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
| VS field | ![]() | ![]() |
|---|---|---|
Decision summary | ||
| Overall score | 85 | 91 |
| Trust score | 82 | 100 |
| Cost score | 88 | 89 |
| Platform score | 86 | 94 |
| Withdrawal score | 83 | 89 |
| Best for | Japan residents investing in domestic stocks, NISA, investment trusts and bonds · Active traders who want HYPER SBI 2 and multiple mobile apps · Investors who value broad product… | 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 | Regulated under Japan FSA framework; registered with Kanto Regional Finance Bureau. Source | Fidelity Brokerage Services LLC is SEC registered and regulated by FINRA; FBS and NFS are members of NYSE and SIPC. Source |
| License numbers | Kanto Regional Finance Bureau(FIBO) No.44 / 関東財務局長(金商)第44号. Source | FBS CRD# 7784 / SEC# 8-23292; NFS CRD# 13041 / SEC# 801-50706, 8-26740. Source |
| Regulated entities | SBI SECURITIES Co., LTD. — Kanto Regional Finance Bureau(FIBO) No.44. 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 universal negative-balance protection; losses can exceed margin for FX, futures/options, commodity futures and CFDs. Source | Not applicable/not disclosed as a CFD-style negative balance protection policy; margin trading can create debt/interest obligations. Source |
| Investor compensation | Japanese investor protection fund coverage up to 10 million yen per eligible customer; customer assets are segregated under FIEA. 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 | Japan resident-only account opening; non-residents/overseas residents not accepted. Source | U.S.-persons focused; sanctioned countries/prohibited parties restricted; no exhaustive country availability list found. Source |
Costs & account conditions | ||
| Minimum deposit | 0 JPY account-opening/management fee; investment trust accumulation from 100 JPY; no universal cash-deposit minimum found. 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 | Not disclosed in reviewed official sources; risk notice says FX costs are the buy/sell spread. 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 | Conditional 0 JPY domestic stock commission and conditional 0 JPY NISA US stock/overseas ETF commission; product-specific fees may apply. 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 | SBI FX retail customers initially use the 25x course; courses up to 25x are available, with certain pairs capped lower. 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 | Instant, Japan Post Bank transfer, real-time, direct debit, foreign-currency deposit and USD recurring automatic deposits are free; bank transfer deposit is customer-borne. Source | $0 Fidelity fee for EFT and Fidelity does not charge wire fees; external banks may charge. Source |
| Withdrawal fee | Withdrawal fees: free for listed yen, real-time and foreign-currency withdrawals. 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 inactivity fee disclosed; account opening/management fee free. 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 | Domestic/foreign stocks, ETFs, investment trusts, bonds, FX, futures/options, CFDs, precious metals, NISA, iDeCo and SBI Wrap. Source | Stocks, ETFs, mutual funds, options, crypto, fixed income, bonds and CDs; Fidelity says stocks include domestic and international. Source |
| Trading platforms | Web trading site, mobile apps and HYPER SBI 2 desktop platform. Source | Fidelity.com, Fidelity mobile app, Fidelity Trader+ Web/Desktop/Mobile mode, and legacy Active Trader Pro Classic. Source |
| Account types | General securities, NISA, iDeCo, minor, corporate, foreign stock, FX, futures/options and wrap/managed-service account capabilities. Source | Broad account menu including taxable brokerage, retirement/IRA, cash management, HSA, custodial/youth, education, trust/business, managed and crypto accounts. Source |
| Deposit methods | Instant deposit, bank transfer, Japan Post Bank transfer, real-time deposit, bank direct debit, foreign-currency deposit and USD recurring automatic deposit. 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 | Yen withdrawal, real-time withdrawal and foreign-currency withdrawal service. 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 | Standard withdrawal: before 16:00 -> next bank business day; after 16:00 -> second following bank business day; real-time withdrawal available for eligible setup. 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.

