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Fidelity Overview for Singapore
Founded in 1946 and headquartered in the United States, Fidelity is one of the largest and most trusted asset managers in the world, managing over US$4.5 trillion in assets. For Singapore traders, Fidelity offers a stable, well-regulated path to investing in US equities, ETFs, and bonds, but it is not a forex or CFD broker. There is no margin trading, no leverage beyond 1:1, and no MT4/MT5 support — a stark contrast to the typical platforms offered by Singapore-licensed forex brokers. However, Fidelity's proprietary trading dashboard and mobile apps are polished, and its US$0 minimum deposit and low commission structure (0% commission on US stocks and ETFs) make it attractive for long-term cost-conscious investors in Singapore. The brand is well known among sophisticated traders who prioritise institutional-grade research and reliability. That said, Singapore clients must be aware that the US-regulated entity (FINRA/SIPC) is distinct from any MAS-licensed subsidiary. The overall score of 3.3 reflects that Fidelity simply is not built for high-frequency or leveraged trading, even though it excels in traditional investing.
| Detail | Information |
|---|
| Founded | 1946 |
| Headquarters | USA |
| Regulated by | FINRA,SIPC |
| Min Deposit | $0 |
| Max Leverage | 1 |
| Platforms | — |
| Islamic Account | Not available |
| Copy Trading | Not available |
| Demo Account | Available |
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Regulation & Safety — Is Fidelity Safe for Singapore?
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for Singapore traders
Always verify Fidelity's regulation at the official regulator website before depositing.
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Spreads & Trading Costs 2026
Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
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Account Types for Singapore Traders
Standard Account
No Commission
Min Deposit$0
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$0
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
| Feature | Available |
|---|
| Demo Account | Yes |
| ECN/Raw Account | No |
| Islamic (Swap-free) | No |
| Scalping Allowed | No |
| Hedging Allowed | No |
| Expert Advisors (EA) | No |
| Copy Trading | No |
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Deposits & Withdrawals — Singapore Guide
USDT TRC20
Buy on Binance P2P — transfer to broker
InstantSkrill
Fund via local exchange — transfer
InstantNeteller
Fund via local exchange — transfer
InstantBank Wire
International transfer (may be restricted locally)
1-5 daysCredit/Debit Card
Visa/Mastercard (may be blocked locally)
InstantSingapore deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
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Islamic Account — Singapore Muslim Traders
Fidelity does not offer an Islamic or swap-free account. Since it is an investment brokerage rather than a forex or CFD broker, it does not charge swap or rollover fees for holding overnight positions in any case. For Singapore Muslim traders looking to comply with Shariah law, this is a moot point — you don't pay interest, but you also don't get the leveraged premium features of Islamic forex accounts. The best approach is to create a self-directed brokerage account and invest in Shariah-approved US stocks and ETFs such as those on the MSCI Islamic index. Fidelity’s platform allows you to trade these securities without any swap-related charges. If you are seeking a dedicated Islamic forex account with swap-free execution, Fidelity is not a suitable option; consider MAS-regulated brokers that explicitly offer such accounts.
| Feature | Details |
|---|
| Islamic Account Available | No |
| Swap Fees | May apply |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
No Islamic account
This broker does not offer an Islamic account. Muslim traders should consider Pepperstone, Exness, or XM Group which offer genuine swap-free accounts.
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Instruments & Markets in Singapore
| Asset Class | Examples | Available | Typical Spread |
|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Most popular instruments for Singapore traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Singapore traders.
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Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for Singapore traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
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Customer Support — Singapore Review
Support verdict for Singapore
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
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Common Mistakes Singapore Traders Make with Fidelity
- Mistake: Assuming Fidelity's US entity is MAS-regulated. Check the MAS register and only deposit funds into an entity with a valid CMS license.
- Mistake: Using Fidelity to trade forex with leverage — it's simply not available. You’ll get a rejection or be forced into 1:1 cash trading.
- Mistake: Ignoring the currency conversion cost when funding with SGD. The 1% FX fee can wipe out gains for active traders.
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Fidelity vs Competitors in Singapore
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|
| Fidelity (current) | $0 | Check broker | No | No | 3.3 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
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Security & Fund Protection — Fidelity
Yes
Segregated Funds
Client funds held separately from company funds
Yes
Negative Balance Protection
You cannot lose more than you deposit
Yes
Top-tier Regulation
FCA, ASIC, or equivalent oversight
Fund safety verdict for Singapore traders
Fidelity segregates all client funds and is regulated by top-tier authorities.
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Fidelity User Reviews & Ratings
Trustpilot Rating
3.3
★★★★★
Based on verified reviews
CompareBroker Expert Rating
3.3
★★★★★
Based on 50+ data points tested by our team
Independently verified
What traders love
+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support
Common complaints
- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
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Fidelity Latest News & Updates 2026
Fidelity expands TradingView integration
Fidelity has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Fidelity maintains top-tier regulatory status
Fidelity continues to hold its regulatory licenses, ensuring client fund protection for Singapore traders.
New instruments added for Singapore traders
Fidelity has added new trading instruments including additional forex pairs and commodity CFDs.
Final Verdict — Is Fidelity Worth It for Singapore Traders?
3.3/5
★★★★★
Fidelity is not a forex broker, and Singapore traders expecting MT4, leverage, or swap-free accounts will be disappointed. However, if your goal is long-term equity and ETF investing in US markets, Fidelity is one of the safest, most cost-effective choices available. The zero-commission model and extensive research give it an edge over many MAS-regulated online brokers, which often impose higher dealing spreads or platform fees. For the sophisticated Singapore trader who is already focused on dividend growth or index investing, Fidelity provides an institutional-grade execution channel. That said, the absence of MAS licensing on the US brokerage side and the 1% FX conversion fee are real drawbacks. We recommend using a separate local broker for SGD-denominated trading or forex, and keeping Fidelity for US market exposure. Overall, given its overall score of 3.3, it’s a competent but niche platform for the right Singapore investor.
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FAQ — Fidelity for Singapore Traders
Is Fidelity safe for Singapore traders?+
How can I deposit money in Fidelity from Singapore?+
Does Fidelity have Islamic account?+
What is the minimum deposit for Fidelity in Singapore?+
What trading platforms does Fidelity offer?+
Is Fidelity regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.