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Interactive Brokers vs Fidelity for US stocks

Both give you real share ownership, so the decision comes down to cost, country eligibility and platform.

Pick Interactive Brokers if real share ownership from almost any country. Pick Fidelity if retirement accounts.

Interactive BrokersOwns the share

The default answer for a non-US investor who wants to actually own US shares rather than a derivative of them.

Visit Interactive Brokers
FidelityOwns the share

Strongest on the long-term-investor side: research, cash management and low-cost index funds.

Visit Fidelity

Side by side

Interactive BrokersFidelity
What you holdThe shareThe share
US stock accessFull US listed market (NYSE, Nasdaq, AMEX) plus 150+ global marketsFull US listed market
Minimum depositNoneNone
Fractional sharesYesYes
Published pricingIBKR Lite offers $0 commission on US listed stocks and ETFs for eligible clients; IBKR Pro is tiered/fixed per-share pricing.$0 commission on online US stock and ETF trades.
PlatformsTrader Workstation, IBKR Desktop, IBKR Mobile, Client Portal, APIFidelity.com, Active Trader Pro, Fidelity Mobile
Extended hoursPre-market and after-hours routing availableExtended-hours trading supported
RegulationSEC SIPC member, FCA 208159, CBI C423427SEC SIPC member
Founded19781946

Where each one wins

Interactive Brokers

  • Real share ownership from almost any country
  • Multi-currency accounts
  • Options, futures and international listings in one account
  • The desktop platform is dense and unforgiving for first-timers
  • Data subscriptions are billed separately

Fidelity

  • Retirement accounts
  • Buy-and-hold investors
  • Fractional investing in dollar amounts
  • Primarily a US-resident offering

Frequently asked questions

Interactive Brokers or Fidelity — which is better for US stocks?

Both give you real share ownership, so the decision comes down to cost, country eligibility and platform. Interactive Brokers: real share ownership from almost any country. Fidelity: retirement accounts.

Which is cheaper?

Interactive Brokers: IBKR Lite offers $0 commission on US listed stocks and ETFs for eligible clients; IBKR Pro is tiered/fixed per-share pricing. Fidelity: $0 commission on online US stock and ETF trades. Both figures are restated from each broker's own pricing page; for small non-USD accounts, currency conversion usually costs more than commission does.

Which is better regulated?

Interactive Brokers is authorised by SEC, FCA, CBI; Fidelity by SEC. What matters is which entity holds your account, since that determines your compensation scheme and leverage limits.

Reviewed August 2026. Figures restated from each broker's published pages.