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 comparing online brokers Saxo and Fidelity International for UK investors, both platforms offer a wide range of investment opportunities but cater to slightly different preferences. Saxo provides a comprehensive mix of investment choices, including share trading, ETFs, CFD trading, funds trading, and the trading of both corporate and government bonds. In contrast, Fidelity International focuses on share trading, ETFs, funds trading, and investment trusts but does not offer CFD trading or bond trading. While Saxo does not provide advisor services, Fidelity does, appealing to those seeking professional guidance.
For a UK investor evaluating these brokers based on their range of investment choices, Saxo holds the edge with a five-star rating from UK.StockBrokers.com and is ranked number one among 21 brokers. On the other hand, Fidelity International boasts a strong 4.5-star rating but ranks 12th, reflecting its solid offering albeit with a slightly narrower range than Saxo. Both platforms support popular investment options like shares, ETFs, and funds, ensuring investors have diverse opportunities to explore.
| 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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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
When comparing trading tools, Saxo and Fidelity International each bring unique features to the table for UK investors. Saxo shines with its advanced charting capabilities, offering 20 drawing tools and 64 technical indicators, whereas Fidelity provides 5 drawing tools and 21 indicators. Saxo users can take full advantage of customizing their charts by adding notes and real-time market data, features not available with Fidelity. Both platforms allow the addition of index and stock overlays, as well as browser-based trading capabilities, making them accessible for tech-savvy traders.
Fidelity International sets itself apart with its ability to display corporate events like earnings, splits, and dividends directly on charts, a feature Saxo lacks. On the other hand, Saxo users benefit from real-time market data, a crucial feature that Fidelity does not offer. Both platforms support stock price alerts, ensuring users stay informed about market movements. These differences highlight the importance of evaluating each platform's features based on individual trading needs.
| 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 UK investors seeking retirement account options, both platforms offer Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs). Saxo provides a streamlined approach to managing ISAs and SIPPs with a focus on competitive pricing and a broad selection of investment tools. Meanwhile, Fidelity International combines its extensive industry experience with user-friendly platforms and a wide range of investment choices for both ISAs and SIPPs. Both brokers cater to various investor needs, offering flexible solutions for building a retirement portfolio. Whether you prioritize Saxo's cost-efficiency or Fidelity's comprehensive service, both brokers present viable options for UK retirement planning.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
For those in the UK seeking an intuitive mobile trading experience, both Saxo and Fidelity International offer apps compatible with iPhone and Android devices. According to UK.StockBrokers.com, Saxo's mobile app stands out with a perfect 5-star rating and holds the top spot among 21 brokers, highlighting its ease of use and comprehensive features. In comparison, Fidelity International's app, while still dependable, garners a 4-star rating and is ranked at #15, suggesting room for improvement in user satisfaction and functionality. Whether you're considering Saxo or Fidelity, both apps provide convenient platforms for managing investments on the go, but Saxo currently leads in overall mobile user experience.
Dive deeper: Best Stock Trading Apps UK.
For UK investors seeking educational resources, Saxo and Fidelity International both provide valuable options. Both platforms deliver educational webinars that can also be accessed on demand, enhancing convenience for users eager to learn at their own pace. However, when it comes to topics like share trading, funds, and retirement, Fidelity International has a broader range of educational content compared to Saxo, which does not cover these areas. Despite this, both Saxo and Fidelity International receive a stellar 5-star rating for beginner education from UK.StockBrokers.com. Saxo holds a slight edge in this category, ranking 3rd out of 21 brokers, while Fidelity International ranks 7th. Thus, both brokers offer excellent educational resources, but their focus areas differ, providing potential investors with varied learning opportunities.
| 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.
For UK investors seeking comprehensive market research features, both Saxo and Fidelity International offer similar capabilities. They provide in-depth research reports on funds and offer tools to view portfolio allocation by asset class, ensuring users can make informed investment decisions. In addition, both platforms supply research on shares, ETFs, and bonds, maintaining a broad spectrum of investment analysis. However, a distinct advantage Saxo holds is its CFD research feature, which Fidelity International does not support. Whether you are exploring shares, ETFs, or bonds, both platforms offer solid research options, with Saxo providing an extra edge for those interested in CFDs.
| 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’ 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.
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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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| Education Gallery (click to expand) |
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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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