Both are FCA-regulated and FSCS-protected. The real difference is fees, account types and how each platform feels to use. Verified against each provider’s published charges.
Fees verified July 2026. Capital at risk. Information, not financial advice.
Cost-conscious DIY investors who want to keep every fee at zero.
Fund investors who value guidance, tools and phone support.
Tick what you need. No account, no email. The answer is on this page.
Tick what you need above and we'll tell you which of the two covers it.
Account availability verified July 2026. Capital at risk. Information, not financial advice.
Reviewers consistently rate the app as easy to use and good value, and many mention the competitive interest paid on uninvested cash.
The most common criticisms are slow identity verification for new accounts and support that can take time to respond.
Read Trading 212 reviews on TrustpilotReviewers highlight helpful phone support and a straightforward transfer process.
The £7.50 share dealing charge and dated parts of the website draw criticism.
Read Fidelity reviews on Trustpilot| Fee | Trading 212 | Fidelity |
|---|---|---|
| Platform fee | £0 | 0.35% up to £250k (0.20% above); £90/year flat if under £25k without a regular savings plan |
| Share dealing | £0 commission | £7.50 per online trade |
| Fund dealing | ETFs only, £0 commission | Free |
| FX fee | 0.15% | 0.75% tiered |
| Stocks & Shares ISA | Free | Platform fee applies |
| SIPP | Free | Platform fee applies |
| Withdrawals | Free | Free |
| Minimum to start | £1 | £25/month or £1,000 lump sum |
Trading 212 built its name on removing fees. There is no platform fee, no dealing commission and no account charge on its ISA or SIPP. The only cost most investors pay is a 0.15% currency conversion fee when buying shares priced in dollars or euros.
The trade-off is scope. You can hold shares and ETFs but not traditional funds, and support is app-based. For an investor who wants a global tracker ETF inside an ISA at close to zero cost, it is very hard to beat on price.
Fidelity is a solid full-service choice for fund investors. Fund dealing is free, the ETF and share service fee is capped at £90 a year, and the guidance content is some of the best of the big platforms.
Costs are less friendly if you trade shares often or hold a small account without a regular savings plan. Compare it against AJ Bell if you want similar breadth with lower dealing charges.
It depends on what you hold and how often you trade. Trading 212's platform fee is £0, against 0.35% up to £250k (0.20% above); £90/year flat if under £25k without a regular savings plan at Fidelity. On dealing, Trading 212 charges £0 commission for shares and eTFs only, £0 commission for funds, while Fidelity charges £7.50 per online trade for shares and free for funds. Fees verified July 2026.
Trading 212 is best for cost-conscious DIY investors who want to keep every fee at zero. Fidelity is best for fund investors who value guidance, tools and phone support. Both are FCA regulated and covered by the FSCS.
On Trading 212's ISA: Free. On Fidelity's ISA: Platform fee applies. Trading 212 offers a flexible ISA and Fidelity does not. Minimums are £1 at Trading 212 and £25/month or £1,000 lump sum at Fidelity.
Trading 212 offers a SIPP (free). Fidelity offers a SIPP (platform fee applies).
Trading 212 scores 4.6 out of 5 on Trustpilot (Excellent) from tens of thousands of reviews. Fidelity scores 4.6 out of 5 (Excellent) from over 6,500 reviews. The most common criticisms are slow identity verification for new accounts and support that can take time to respond. The £7.50 share dealing charge and dated parts of the website draw criticism.
Yes. UK platforms accept ISA and SIPP transfers in, and you start the transfer with the receiving provider rather than the one you are leaving. Trading 212 charges free on withdrawals and Fidelity charges free. Transfer as cash and you are out of the market while it settles; transfer in specie and you keep your holdings but it takes longer.
Trading 212 or Fidelity, the account is the easy part. What decides when you can retire is how much goes in and for how long. Delphina works that out from what you already hold and what you pay in each month.
Free to check. No card required. Takes about two minutes.