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 Saxo and Fidelity International, both platforms offer UK investors the opportunity to trade shares and ETFs, making them suitable for those interested in traditional trading options. While neither broker provides crypto trading or spread betting, Saxo sets itself apart by offering contracts for difference (CFD) trading, while Fidelity International does not. Furthermore, Saxo provides the capability to trade both corporate and government bonds, whereas Fidelity International lacks these options.
In terms of funds and investment trusts, both brokers present these choices to their users. However, Fidelity International shines in its availability of advisor services, a feature not provided by Saxo. According to UK.StockBrokers.com, Saxo takes the top spot with a 5-star rating for investment choices, outperforming Fidelity International's 4.5 stars and #12 ranking among 18 brokers. This comparison highlights Saxo's diverse range of investment choices tailored for UK investors seeking comprehensive trading options.
| 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 |
|
|
Professional’s Gateway to the World’s Markets.
Low-cost US and UK shares.
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.
In the UK, both Saxo and Fidelity International provide mobile apps for iPhone and Android users, offering convenient, on-the-go access to online trading. When it comes to app quality, Saxo stands out with a top-tier 5-star rating from UK.StockBrokers.com, securing the prestigious rank of #1 out of 18 brokers. In contrast, Fidelity International, while still offering a reliable mobile experience, receives a 4-star rating and is ranked at #15 in the same evaluation. This positions Saxo as a preferred choice for UK investors seeking high-performance mobile trading platforms.
Dive deeper: Best Stock Trading Apps UK.
For UK beginner investors seeking educational resources, both Saxo and Fidelity International offer client webinars that are available live and on demand. However, when it comes to learning about specific investment topics, Fidelity International provides broader educational content, covering share trading, funds, and retirement, while Saxo does not offer dedicated resources for these areas. Despite this, both platforms are highly rated, each earning 5 stars from UK.StockBrokers.com for beginner education. In the overall rankings, Saxo is placed at #3, slightly ahead of Fidelity International, which is ranked #7 out of 18 brokers.
| 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 |
|
|
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 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 |
Saxo
|
Fidelity International
|
|---|---|---|
| Overall Rating |
|
|
| Charges & Fees |
|
|
| Investment Choices |
|
|
| Mobile App |
|
|
| Website |
|
|
| Ease of Use |
|
|
| Education |
|
|
Both Saxo and Fidelity International do not offer crypto trading options, making them similar in this aspect when comparing online broker services.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Saxo | Fidelity International | |
|---|---|---|---|
| Overall Rating |
|
| |
| Charges & Fees |
|
| |
| Investment Choices |
|
| |
| Mobile App |
|
| |
| Website |
|
| |
| Ease of Use |
|
| |
| Education |
|
| |
| 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 | |
|---|---|---|---|
| Website Gallery (click to expand) |
|
| |
| Mobile Trading Apps Gallery (click to expand) |
|
| |
| Education Gallery (click to expand) |
|
| 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Charges & Fees |
|
| |
| Investment Choices |
|
| |
| Mobile App |
|
| |
| Website |
|
| |
| Ease of Use |
|
| |
| Education |
|
| |
| Review | Saxo Review | Fidelity International Review | |
| Winner | check_circle |
Trading 212 Review
Interactive Brokers Review
Hargreaves Lansdown Review
XTB Review
IG Group Review
eToro Review
Saxo Review
CMC Invest Review
Freetrade Review
Halifax Review
Vanguard Review