Written by StockBrokers.com
In this head to head comparison of Saxo vs Fidelity International, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, Fidelity International offers better pricing than Saxo for share dealing.
Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios.
5 trades per year - Saxo would cost 0.12% + 0.08% (or £3) per trade: a minimum of £51 per year, while Fidelity International would cost £127.50 per year.
12 trades per year - Saxo would cost 0.12% + 0.08% (or £3) per trade: a minimum of £72 per year, while Fidelity International would cost £108 or £180 per year.
36 trades per year - Saxo would cost 0.12% + 0.08% (or £3) per trade: a minimum of £144 per year, while Fidelity International would cost £144 or £360 per year.
120 trades per year - Saxo would cost 0.12% + 0.08% (or £3) per trade: a minimum of £396 per year, while Fidelity International would cost £270 or £990 per year.
3 fund trades per year - Saxo would cost £0 per year, while Fidelity International would cost £1000 per year.
What type of trader are you?
New to the world of investing? See our picks for the Best UK Trading Platforms for Beginners. More experienced traders should read our guide to the Best UK Trading Platforms for Active Traders.
When it comes to investment options, Saxo and Fidelity International both stand out, yet they cater to different investor needs. Saxo offers a comprehensive array of choices including share and ETF trading, alongside more specialized options like CFD trading, funds, corporate and government bonds, and investment trusts. In contrast, while Fidelity International also provides access to shares, ETFs, funds, and investment trusts, it lacks the options for CFD trading and bond investments that Saxo offers. A notable advantage of Fidelity International is its advisor services, which are absent from Saxo's offerings.
In terms of performance ratings, Saxo takes the lead with a perfect 5-star rating for investment choices by UK.StockBrokers.com, securing the top spot among 18 brokers. Fidelity International is not far behind, with an impressive 4.5-star rating, yet it ranks 12th in the same list. For investors prioritizing varied trading options, Saxo presents a broader spectrum of opportunities, while Fidelity International remains a strong contender for those valuing guidance and core investment choices.
| Feature |
Saxo
|
Fidelity International
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | Yes | No |
| ETFs | Yes | Yes |
| Funds | Yes | Yes |
| Bonds - Government (Gilts) | Yes | No |
| Investment Trusts | Yes | Yes |
| Spread Betting | No | No |
| Crypto Trading | No | No |
| Advisor Services | No | Yes |
| Investment Choices |
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Professional’s Gateway to the World’s Markets.
Low-cost US and UK shares.
When comparing Saxo and Fidelity International for their trading tools, investors will notice distinct differences and advantages with each platform. Saxo provides an impressive array of 20 drawing tools and 64 technical indicators, catering to traders who value comprehensive chart analysis. It also allows users to annotate charts and overlay both indices and individual stocks, making it a versatile choice for in-depth exploration. Additionally, Saxo offers real-time market data, giving traders a timely edge with their decisions. However, it does not support displaying corporate events like earnings or dividends directly on the charts, which is something that Fidelity International offers.
Fidelity International, while leaner in some aspects, offers five drawing tools and 21 technical indicators. It stands out by displaying corporate events on charts, providing visual cues about significant occurrences affecting stock performance. Fidelity also supports index and stock overlays similar to Saxo but lacks the option to add notes on charts or access real-time market data, which might limit some traders. Both platforms offer browser-based trading and capabilities to create stock price alerts, ensuring robust environments for online trading enthusiasts.
| Feature |
Saxo
|
Fidelity International
|
|---|---|---|
| Web Platform | Yes | Yes |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 64 | 21 |
| Charting - Drawing Tools | 20 | 5 |
| Charting - Notes | Yes | No |
| Charting - Display Corporate Events | No | Yes |
| Charting - Stock Overlays | Yes | Yes |
| Charting - Index Overlays | Yes | Yes |
When comparing Saxo and Fidelity International for retirement accounts, both brokers offer Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs), making them suitable choices for investors looking to grow their retirement savings. Saxo provides a robust platform for actively managed portfolios, while Fidelity International is known for its comprehensive investment advice and tailored retirement solutions. Both brokers offer competitive options for UK investors seeking effective retirement account management, but potential clients should consider their personal investment goals and preferences when choosing between these two well-established financial service providers.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
When it comes to choosing an online broker with a robust mobile experience, both Saxo and Fidelity International offer apps for iPhone and Android users. However, UK.StockBrokers.com has rated Saxo's mobile app with a stellar 5 stars, positioning it as the top choice among 18 brokers. In contrast, Fidelity International's app, while still reliable, earns a solid 4 stars and sits at the 13th position. For those seeking the best-rated mobile trading experience, Saxo stands out as the frontrunner, offering a smoother and more highly regarded app overall.
Dive deeper: Best Stock Trading Apps UK.
For budding investors seeking educational resources, both Saxo and Fidelity International offer accessible client webinars with the convenience of on-demand viewing, making it easier to learn at your own pace. Fidelity International stands out in offering comprehensive education on essential topics such as share trading, investment funds, and retirement planning, areas where Saxo currently lacks direct educational content. Despite these differences, Saxo and Fidelity International each earn a commendable 5-star rating from UK.StockBrokers.com for their beginner education. However, Saxo claims a higher rank, coming in at #2 compared to Fidelity's #6 out of 18 brokers evaluated, suggesting Saxo's offerings may be more highly regarded in some aspects by the industry platform. Both platforms cater well to novice investors, but your choice may depend on the specific educational topics that align with your investment interests.
| Feature |
Saxo
|
Fidelity International
|
|---|---|---|
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Education (Share Trading) | No | Yes |
| Education (Funds) | No | Yes |
| Education (Retirement) | No | Yes |
| Education |
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Dive deeper: Best UK Trading Platforms for Beginners.
When comparing Saxo and Fidelity International for their market research features, both online brokers provide comprehensive research services for funds and offer insights into portfolio allocation by asset class. Investors using either platform can access in-depth shares, ETFs, and bonds research. However, Saxo has an edge by also providing research on CFDs, which Fidelity International does not support. This makes Saxo a slightly more versatile choice for traders interested in a wider range of investment products.
| Feature |
Saxo
|
Fidelity International
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | Yes | No |
| Research - ETFs | Yes | Yes |
| Research - Bonds | Yes | Yes |
| Research - Funds | Yes | Yes |
| Fund Research - Research Reports | Yes | Yes |
| Portfolio Allocation Breakdown | Yes | Yes |
Which broker is better overall, Saxo or Fidelity International? After collecting more than 900 data points over a 10-week period, we found Saxo to be a better trading platform overall.
Saxo Markets’ trading platform is highly sophisticated and offers a huge range of international shares and funds. The biggest downside is the cost, as its charges are higher than its U.K. competitors. It's best suited for experienced investors rather than beginners.
| Feature |
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Fidelity International
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Both Saxo and Fidelity International do not offer crypto trading options, making them similar in this aspect when comparing online broker services.
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0 of 5| Overall Rating | Saxo | Fidelity International | |
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| Review | Saxo Review | Fidelity International Review | |
| Winner | check_circle |
| Investments | Saxo | Fidelity International | |
|---|---|---|---|
| ISA | Yes | Yes | |
| SIPP | Yes | Yes | |
| Share Trading | Yes | Yes | |
| CFD Trading | Yes | No | |
| Funds | Yes | Yes | |
| ETFs | Yes | Yes | |
| Bonds - Corporate | Yes | No | |
| Bonds - Government (Gilts) | Yes | No | |
| Investment Trusts | Yes | Yes | |
| Spread Betting | No | No | |
| Crypto Trading | No | No | |
| Advisor Services | No | Yes |
| Trading Fees | Saxo | Fidelity International | |
|---|---|---|---|
| Minimum Deposit | £0 | £1000 | |
| Share Trading: 0-9 Deals/ Month | From £3 or 0.08% | £1.50 or £7.50 | |
| Share Trading: 10-19 Deals/ Month | From £3 or 0.08% | £1.50 or £7.50 | |
| Share Trading: 20+ Deals/ Month | From £3 or 0.08% | £1.50 or £7.50 | |
| 5 trades per year (£30k portfolio) | 0.12% + 0.08% (or £3) per trade: a minimum of £51 | £127.50 | |
| 12 trades per year (£30k portfolio) | 0.12% + 0.08% (or £3) per trade: a minimum of £72 | £108 or £180 | |
| 36 trades per year (£30k portfolio) | 0.12% + 0.08% (or £3) per trade: a minimum of £144 | £144 or £360 | |
| 120 trades per year (£30k portfolio) | 0.12% + 0.08% (or £3) per trade: a minimum of £396 | £270 or £990 | |
| 3 fund trades per year (£30k portfolio) | 0.4% + 0% commission: £120 | £105 | |
| Annual Custody Fee: £0 - £250,000 | Up to £800 | £90 - £875 | |
| Annual Custody Fee: £250K-£500K | £500 to £1,000 | £500 - £1,000 | |
| Annual Custody Fee: £500,000 - £1m | Up to £1,998 | £1,000 - £2,000 | |
| Annual Custody Fee: £1m and over | £1,000 | £2,000 | |
| Bonds - Corporate - Fee | €20 minimum | N/A | |
| Bonds - Government (Gilts) - Fee | €20 minimum | N/A | |
| ETFs - Fee | From $1 | £7.50 | |
| Investment Trusts - Fee | From $1 / £3 / €10 | £7.50 | |
| Telephone Dealing Fee | £50 | £30 |
| Broker Screenshots | Saxo | Fidelity International | |
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| Platforms & Tools | Saxo | Fidelity International | |
|---|---|---|---|
| Web Platform | Yes | Yes | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 64 | 21 | |
| Charting - Drawing Tools | 20 | 5 | |
| Charting - Notes | Yes | No | |
| Charting - Display Corporate Events | No | Yes | |
| Charting - Stock Overlays | Yes | Yes | |
| Charting - Index Overlays | Yes | Yes |
| Research | Saxo | Fidelity International | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | Yes | No | |
| Research - Funds | Yes | Yes | |
| Fund Research - Research Reports | Yes | Yes | |
| Research - ETFs | Yes | Yes | |
| Research - Bonds | Yes | Yes | |
| Portfolio Allocation Breakdown | Yes | Yes |
| Education | Saxo | Fidelity International | |
|---|---|---|---|
| Education (Share Trading) | No | Yes | |
| Education (Funds) | No | Yes | |
| Education (Retirement) | No | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes |
| Overall Summary | Saxo | Fidelity International | |
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| Review | Saxo Review | Fidelity International Review | |
| Winner | check_circle |
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