Invest · Broker review

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Fidelity International

Global asset manager with direct investor access — strong funds, higher FX

Reviewed by Aayush Jain·Updated May 2026
Overall score
7.0/10
FX rank#16 of 19
FX cost / $10k$75
Conversion spread0.75%
Trading commission$10
Annual fee0.35%
Min investmentNone

$65 more per $10,000 than Interactive Brokers (FX cost only)

Not financial advice.This is a comparison of FX costs only. We don't recommend specific investments. Always consult a qualified financial adviser before investing.

Verdict

Fidelity International is a trusted global brand with strong active fund management, an ISA/SIPP wrapper for UK clients, and a well-designed online platform. Its FX cost (0.75%) is higher than IBKR but lower than HL. Best for investors who value Fidelity's actively managed fund range or want a globally trusted brand.

Full review

Fidelity International is the international arm of Fidelity, the Boston-based financial services giant founded in 1946. Unlike Fidelity's US business (which is one of America's largest brokers), Fidelity International operates independently from its UK headquarters and serves investors in the UK, Germany, Ireland, continental Europe, and Asia-Pacific as a separate entity. It manages hundreds of billions in assets globally and is one of the oldest established investment management companies in the world.

In the UK, Fidelity's self-directed investment platform combines active fund management (through Fidelity's own range of actively managed funds) with a full ISA, SIPP, and GIA service offering access to thousands of third-party funds, investment trusts, ETFs, and shares. The Fidelity Personal Investing platform is primarily marketed to UK investors and is strong on research, fund selection, and financial planning tools.

The fee structure charges 0.35% per year on fund holdings (0.20% above £250,000), with a maximum annual charge and a separate share dealing fee of £10 per online trade. There is a minimum service fee of £45/year for accounts holding only shares. This pricing is moderately competitive — cheaper than HL for fund-heavy portfolios, more expensive than InvestEngine for ETF-only portfolios.

Fidelity's own active funds include some of the most-analysed and widely respected strategies in UK retail investing: Special Situations, Special Values, and Asia Pacific Opportunities, among others. For investors who want a blend of Fidelity's actively managed funds alongside index ETFs and shares in a single account, the platform's combination of in-house depth and third-party breadth is genuinely comprehensive.

Customer service quality is consistently rated among the best in the UK platform market. The website's research tools (fund factsheets, comparison tools, portfolio analytics) are thorough. For UK investors who want a long-established, trusted platform with comprehensive fund and share access and high-quality service, Fidelity International is a top-tier choice.

FX cost breakdown

Conversion spread
0.75%
Above mid-market rate
Fixed FX fee
None
Per currency conversion
Total FX cost / $10k
$75
Realistic all-in estimate

FX cost comparison on $10,000 investment

Interactive Brokers$10
Trading 212$15
Tiger Brokers$20
moomoo$25

Pros & cons

Pros

  • Global brand with 45+ years of track record
  • ISA and SIPP for UK investors
  • Access to own and third-party active funds
  • Available in UK, Singapore, India, Australia, and more
  • Reasonable research and tools

Cons

  • 0.75% FX charge — above mid-market
  • Annual platform fee (0.35% for investments, capped at £90 for shares)
  • More expensive than DIY neo-brokers for equity trading

Who can use it

UKEUSingaporeIndiaAustralia

Markets available

USUKEUGlobal funds

Supported corridors

GBP→USDEUR→USDSGD→USD

Regulated by

UK
FCA
Singapore
MAS
Germany
BaFin