Comparison 24option vs Fidelity
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares 24option vs Fidelity. Is 24option or Fidelity a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. When analyzing trading options, the commission fees of 24option is €10 fee per month, and that one of Fidelity is $4.95 + $0.65. You can read more detailed information on commission fees in the online broker reviews.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Forex Trading, Crypto Trading are provided to customers by 24option and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided by Fidelity. As for platforms, 24option offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Fidelity offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. 24option was established in 2009 in Cyprus, and it is regulated by CySEC, IFSC. And Fidelity was established in 1946 in USA, and it is regulated by SEC, FINRA, FCA (UK). Withdrawal of funds from 24option can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $35. And Fidelity provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of $10 (Bank Wire). The withdrawal time for 24option is 5 - 10 business days, and that one for Fidelity is immediate (Bank Wire).
Overall, 24option boasts 3.9 stars versus Fidelity 4.3 stars.