Fidelity Forex Broker

Fidelity Review SummaryFounded1969Registered Country/RegionUSARegulationSFCProducts & ServicesGlobal mutual funds, MPF & ORSO retirement schemes, thematic and multi-asset investment solutionsDemo Account❌Trading PlatformFidelity Online, Fidelity Mobile AppMinimum DepositHK$1,000/month (Monthly Investment Plan)Customer SupportPhone: (852) 2629 2629Email: hkenquiry@fil.comFidelity Information Established in 1969, Fidelity is a financial company under regulation of SFC, offering international investment solutions. It does not provide FX or CFDs, but instead concentrates on mutual funds, retirement plans (MPF/ORSO), and thematic strategies. Pros and ConsProsConsSFC regulatedNo demo or Islamic (swap-free) accountWide selection of mutual funds and retirement solutionsRelatively high feesTiered fee structure benefits high-balance investorsLong operation timeVarious account typesIs Fidelity Legit? Yes, Fidelity is regulated. It is authorized by the Securities and Futures Commission (SFC) of Hong Kong with a Dealing in futures contracts license. The license number is AAG408.Products and Services Fidelity offers worldwide mutual funds, retirement schemes (MPF & ORSO), and themed investments to fit investors' financial goals. They offer income creation, sustainable investing, and multi-asset strategies.Products & ServicesFeatureMutual FundsGlobal funds in various currencies and asset classesThematic InvestingLong-term investments based on global trends and innovation themesMulti-Asset SolutionsDiversified portfolios combining different asset typesSustainable InvestingFocused on ESG and responsible investment strategiesMPF (Mandatory Provident Fund)Retirement funds tailored to different risk and income profilesORSO (Occupational Retirement Schemes Ordinance)Employer-sponsored retirement investment plansIncome StrategiesGlobal income-focused investment optionsAsia-Focused InvestmentsFunds targeting growth opportunities across Asian marketsAccount Type Fidelity offers four types of live accounts: Personal Investors, MPF/ORSO members, Intermediaries, and Institutional Investors. There are no demo or Islamic (swap-free) accounts available.Account TypeSuitable forPersonal InvestorsIndividuals managing their own investmentsMPF / ORSO AccountsEmployees and employers under Hong Kong retirement schemesIntermediariesAdvisers, wealth managers, financial consultantsInstitutional InvestorsInstitutions such as pensions, corporates, and family officesFidelity Fees Fidelitys fees follow a tiered structure—larger investment amounts enjoy lower charges, while smaller investments face higher fees. Overall，its cost structure is moderate to high by industry standards.Investment MethodFee TypeInvestment Balance (USD)Cash FundsBond FundsEquity & Other FundsLump Sum InvestmentSales Charge≥ 1,000,0000.00%0.30%0.60%500,000 – <1,000,0000.45%0.90%250,000 – <500,0000.60%1.20%100,000 – <250,0000.75%1.50%50,000 – <100,0001.05%2.10%<50,0001.50%3.00%Switching Fee≥ 1,000,0000.10%-500,000 – <1,000,0000.15%-250,000 – <500,0000.20%-100,000 – <250,0000.25%-50,000 – <100,0000.35%-<50,0000.50%-Monthly Investment PlanSales Charge<HK$20,000/month1.00%--≥HK$20,000/month0.00%--Trading PlatformTrading PlatformSupportedAvailable DevicesSuitable forFidelity Online✔Web (PC, Mac)Long-term investors managing portfolios onlineFidelity Mobile App✔iOS, AndroidInvestors needing on-the-go portfolio accessDeposit and Withdrawal Fidelity does not charge any additional fees for standard deposit or withdrawal methods. However, bank or intermediary charges may apply depending on the method used. The minimum deposit is HK$1,000 per fund per month for Monthly Investment Plans; no specific minimum is stated for lump sum investments.Payment MethodMinimum AmountFeesProcessing TimeTelegraphic Transfer/Bank/intermediary feesUpon receipt of cleared fundsHSBC Bill Payment (Internet Banking)/❌ (except agent fees)ImmediateBank Draft / Cashier Order/Agent bank chargesHSBC / Hang Seng Same-Day Direct Debit/❌ (insufficient funds may incur bank fees)Personal Cheque (HK cleared)HK$1,000,000 or less❌Personal Cheque (non-HK cleared)/Collection charges may applyAfter clearance