Updated September 29, 2026 · SumCue Editorial Team
Fidelity vs Openbank
Fidelity
Higher score in this comparison
Openbank
Where Fidelity and Openbank differ
| Compare | FidelityReviewSee alternativesSee alternatives | OpenbankReviewSee alternativesSee alternatives |
|---|---|---|
| Minimum deposit | $0 | €1 |
| Stock trade fee | $0 | €1 |
| Account fee | $0 | €0 |
| Markets | Stocks, ETFs, Options, Bonds, Funds, Futures, Forex | Stocks, ETFs, Funds, Crypto, Bonds |
| Regulators | SEC, FINRA, SIPC | Comision Nacional del Mercado de Valores (CNMV) |
| Investor protection | SIPC up to USD 500,000 | EU ICS up to EUR 20,000 |
| Inactivity fee | $0 | Not confirmed |
| Currency conversion fee | Not confirmed | 0% |
| Margin rate | 12.375% | Not confirmed |
| Options contract fee | $0.65 | Not confirmed |
| Deposit and withdrawal fees | Not confirmed | free transfers |
| Platforms | Not confirmed | Web, App |
| Account types | IRA, Roth IRA, Joint | Not confirmed |
| Interest on cash | Not confirmed | 2.75% |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Regulators: only Fidelity offers SEC, FINRA, SIPC.
- Regulators: only Openbank offers Comision Nacional del Mercado de Valores (CNMV).
- Founded is lower at Fidelity: 1946 vs 1995.
- Markets: only Fidelity offers Options, Futures, Forex.
- Markets: only Openbank offers Crypto.
- Support channels: only Fidelity offers Community.
- Support channels: only Openbank offers Chat, Email, Help centre.
- Features: only Fidelity offers Fractional shares, Demo account, Mobile app.
- Features: only Openbank offers Travel, Multi currency.
- Pricing model: only Fidelity offers Commission free.
Our verdict on each
Fidelity
Fidelity suits US investors who want a broad brokerage without a monthly charge, and its stock trade fee and minimum deposit both sit at $0 and $0. The catch is the wider set of charges around the edges, and support that runs on phone and community.
Openbank
Openbank runs a Spanish current account, an easy-access savings pot paying 2.75% and a Mastercard debit card from one app. It suits savers who want interest paid monthly with no lock-in, and households that want everyday banking and card spending in one place.
Score breakdown
| Area | Fidelity | Openbank |
|---|---|---|
| Cost | 9.1Stock trade fee $0 and account fee $0, offset by options at $0.65 and margin at 12.375%. | 9.4HigherMonthly fee €0, account fee €0 and stock trade fee €1 keep the running cost light. |
| Offer | 9.5 | 9.9Higher |
| Trust | 9.8Higher | 9.2 |
Pick Fidelity if, pick Openbank if
Pick Fidelity if trust matter most.
Pick Openbank if cost and offer matter most.
What each covers
| Markets | Fidelity | Openbank |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | No |
| Options | Yes | No |
| Futures | Yes | No |
| Crypto | No | Yes |
| Bonds | Yes | Yes |
| Funds | Yes | Yes |
Availability and regulation
| Country | Fidelity | Openbank |
|---|---|---|
| Spain | Not confirmed | Comision Nacional del Mercado de Valores (CNMV) MiCA CASP 5493000LM0MZ4JPMGM90 |
| United States | SIPC SIPC member 23292 | Not confirmed |
Additional countries for Fidelity: 1. Additional countries for Openbank: 1.
Where these facts come from
Fidelity
- brokerage-review.com: 6 facts, checked September 26, 2026
- editorialge.com: 5 facts, checked September 26, 2026
- en.wikipedia.org: 4 facts, checked September 26, 2026
- fidelity.com: 1 fact, checked September 26, 2026
- sipc.org: 1 fact, checked September 26, 2026
Openbank
- openbank.es: 11 facts, checked September 26, 2026
- esma.europa.eu: 4 facts, checked September 26, 2026
- financeads.com: 1 fact, checked September 26, 2026
How they place
| Ranking | Fidelity | Openbank |
|---|---|---|
| Investing | 62 of 654 | 70 of 654 |
| Stock and ETF brokers | 37 of 358 | 43 of 358 |
| Robo-advisors | 11 of 154 | 15 of 154 |
Every fact side by side
| Fact | Fidelity | Openbank |
|---|---|---|
| Features | Fractional shares, Demo account, Mobile app, Crypto, Options, Futures | Travel, Multi currency |
| Pricing model | Commission free | No annual fee |
| Audience | Beginners, Experienced | Not confirmed |
| Legal entity | FIDELITY BROKERAGE SERVICES LLC | OPEN BANK S.A. |
| Headquarters | United States | Spain |
| Founded | 1946Lower | 1995 |
| Support channels | Phone, Community | Phone, Chat, Email, Help centre |
Robo-advisors
| Fact | Fidelity | Openbank |
|---|---|---|
| Management fee | Not confirmed | 0.42% to 1.03% |
| Minimum investment | Not confirmed | €500 |
| Portfolio types | ETF, ESG, CryptoCovers more | ESG |
Savings
| Fact | Fidelity | Openbank |
|---|---|---|
| Headline rate | Not confirmed | 2.75% |
| Rate type | Not confirmed | Variable |
| Deposit protection | Not confirmed | EU DGS up to EUR 100,000 |
| Access terms | Not confirmed | Interest paid monthly; money withdrawable at any time in full or in part including accrued interest; free immediate transfers between the current and remunerated account |
| Monthly fee | Not confirmed | €0 |
| Account kind | Not confirmed | Easy access |
Credit cards
| Fact | Fidelity | Openbank |
|---|---|---|
| Annual fee | Not confirmed | €0 |
| APR | Not confirmed | 0% |
| Rewards type | Not confirmed | None |
| Card kind | Not confirmed | Credit |
Loans
| Fact | Fidelity | Openbank |
|---|---|---|
| Lender type | Not confirmed | Direct lender |
Where each stands against the rest
| Fact | Fidelity | Openbank | Median |
|---|---|---|---|
| Inactivity fee | $0at the median | Not confirmed | $0 |
| Currency conversion fee | Not confirmed | 0%below the median | 0.4% |
| Margin rate | 12.375%highest quarter | Not confirmed | 8.83% |
| Options contract fee | $0.65at the median | Not confirmed | $0.65 |
| Interest on cash | Not confirmed | 2.75%below the median | 2.875% |
Median across 77 listed providers.
Pros and cons
Fidelity
Pros
- Stock trades cost $0 and the account fee is $0
- Minimum deposit is $0, so accounts open at any size
- Regulated in the US by SEC, FINRA and SIPC
Cons
- Options trades are charged $0.65 per contract
- Support runs on phone and community only
- Margin borrowing starts at 12.375%, so leverage carries its own cost
Openbank
Pros
- Interest is credited monthly, and money is withdrawable at any time in full or in part, accrued interest included
- Transfers between the current and remunerated account are free and immediate, and the card runs on mastercard
- The Mastercard debit card carries a currency conversion fee of 0% with a multi-currency feature for travel
Cons
- The headline rate of 2.75% sits below the site median, which stands at 3%
- The credit card has a rewards type of none, so nothing comes back on card spending
- The robo adviser takes a management fee of 0.42% to 1.03% and needs a minimum investment of €500
Who each suits
Fidelity
Who it suits
- Beginners opening a first account with a small deposit
- Experienced traders who want a wide market list in one place
- Retirement savers using the available retirement account types
Who should look elsewhere
- Anyone wanting a broker with no product charges, since options cost $0.65
- Support-first users, as help runs on phone and community
- People who borrow on margin, where the rate starts at 12.375%
Openbank
Who it suits
- Savers who want interest paid monthly and no fixed term
- Households that want a current account, a savings pot and a card in one app
- Travellers who want a multi-currency card
Who should look elsewhere
- Wise, if a multi-currency account with a monthly fee of £0 matters more than deposit interest
- Starling Personal Account Debit Card, which charges a monthly fee of £0, if a UK current account fits better
- Varo Believe Secured Credit Card, which has a monthly fee of $0, if building a credit record is the aim
Country by country
| Country | Fidelity | Openbank |
|---|---|---|
| Spain | No | Yes |
| United States | Yes | No |
Questions about each
Fidelity
What does it cost to trade stocks at Fidelity?+
Trading stocks costs $0 per trade, on a commission-free model. The account fee is also $0, so there is nothing to pay for holding an account open. Options and margin are the exceptions, and both are priced separately.
Is there a minimum deposit to open an account?+
The minimum deposit is $0, so there is no floor to meet before you can start. Small sums can go in from the beginning. Account types include a retirement account, a Roth retirement account and a joint account.
Openbank
What does it cost to hold the account?+
Openbank charges a monthly fee of €0 and a credit card annual fee of €0. Transfers between the current and the remunerated account are free and immediate, and a stock trade costs €1, so everyday banking adds very little.
How much interest do I earn?+
The easy-access account pays a headline rate of 2.75%, credited monthly, and the rate type is variable. The site median stands at 3%, so the offer sits in the middle of the market rather than at either end.
Other options to compare
Other matchups
Fidelity
Openbank