Jake Tech Lab

Fidelity vs Interactive Brokers

Interactive Brokers comes out ahead of Fidelity on 2 of the 6 things that decide this, going by what each company publishes and what independent review sites report. The one that matters for you may be one the leader loses.

Fidelity
Fidelity
6.8
Fair
0 of 6 rounds
vs
Interactive BrokersWinner
Interactive Brokers
7.1
Good
2 of 6 rounds

The verdict

Interactive Brokers takes it, 2–0 on rounds.

On the published figures and the independent review sites, Interactive Brokers takes 2 of 6 rounds. Treat that as a starting point and check the current figures on both pages, because prices and plans move.

Choose Fidelity if…

  • • You have a reason to pick Fidelity that is not on this list

Choose Interactive Brokers if…

  • • You want Interactive Brokers's edge on what borrowing on margin costs and what customers say on trustpilot

Round by round

  1. Round 1What borrowing on margin costsInteractive Brokers wins
    Fidelity5/10

    10.625%

    Margin interest rate for $50,000 balance

    • 12.075%, against 5.12%

    Source: investingintheweb.com ↗

    Interactive Brokers8/10

    5.380%

    IBKR Pro USD margin; the same rate applies at $50,000 and $100,000 since both fall in the 0–100,000 tier

    • IBKR Pro margin rate; tiered, so the same rate applies at 50,000 and 100,000 dollars

    Source: interactivebrokers.com ↗

    Interactive Brokers wins this round on independent review-site data, not on its own claims.

  2. Round 2What customers say on TrustpilotInteractive Brokers wins
    Fidelity5/10

    1.3 out of 5

    TrustScore from 1,169 reviews on Trustpilot

    • 1.3 out of 5, against 3.1 out of 5

    Source: trustpilot.com ↗

    Interactive Brokers8/10

    3.1 out of 5

    TrustScore from 5,511 reviews on Trustpilot

    Source: trustpilot.com ↗

    Interactive Brokers wins this round on independent review-site data, not on its own claims.

  3. Round 3What an options contract costsTie
    Fidelity7/10

    65 cents

    per options contract

    Source: work-club.com ↗

    Interactive Brokers7/10

    65 cents

    per options contract

    Source: stockbrokers.com ↗

    Nothing to separate them here.

  4. Round 4What StockBrokers.com scored itTie
    Fidelity7/10

    5 out of 5 stars

    StockBrokers.com rating

    Source: stockbrokers.com ↗

    Interactive Brokers7/10

    5 out of 5 stars

    StockBrokers.com rating

    Source: stockbrokers.com ↗

    Nothing to separate them here.

  5. Round 5What a stock trade costsTie
    Fidelity7/10

    $0

    US stock trades

    Source: work-club.com ↗

    Interactive Brokers7/10

    $0

    US stock trades on IBKR Lite

    Source: work-club.com ↗

    Nothing to separate them here.

  6. Round 6What it takes to open an accountTie
    Fidelity7/10

    $0

    no account minimum

    Source: work-club.com ↗

    Interactive Brokers7/10

    $0

    no account minimum

    Source: work-club.com ↗

    Nothing to separate them here.

FidelityFidelity
Interactive BrokersInteractive Brokers

Side by side

Interactive BrokersBest for what customers say on trustpilotInteractive Brokers
Overall score
6.8
7.1
Best
Price
See price
See price
What customers say on Trustpilot
6.2
7.5
What an options contract costs
6.3
6.3
What StockBrokers.com scored it
7.7
7.7
What a stock trade costs
7.0
7.0
What it takes to open an account
7.0
7.0
Head-to-head findings
What customers say on Trustpilot
1.3 out of 5
3.1 out of 5
What an options contract costs
65 cents
65 cents
What StockBrokers.com scored it
Not stated
5 out of 5 stars
What a stock trade costs
$0
$0
What it takes to open an account
$0
$0
How many Trustpilot reviews
1,169 reviews
5,511 reviews
What borrowing on margin costs
10.625%
5.380%
Record
Head-to-head record
2–4
5–1
Head-to-heads won
33 %
83 %
Rounds won
19 %
36 %
Pros
  • margin rate on a 50,000 dollar balance, 18 September 2026
  • StockBrokers.com rating
  • IBKR Pro margin rate; tiered, so the same rate applies at 50,000 and 100,000 dollars
  • per options contract
Cons
  • 1.3 out of 5, against 1.5 out of 5
  • 65 cents, against 0 cents
  • 1.3 out of 5, against 3.9 out of 5
  • 1,169 reviews, against 14,081 reviews
  • 65 cents, against 0 cents
  • 3.1 out of 5, against 3.9 out of 5
  • 5,511 reviews, against 14,081 reviews
Add a third option to this comparison →

More online brokers match-ups