InvestEngine vs Fidelity International: which is better in 2026?
Point-by-point comparison
| Category | InvestEngine | Fidelity International | Winner |
|---|---|---|---|
| Tax wrapper | ISA / SIPP tax wrapper | ISA / SIPP tax wrapper | Draw |
| Fees | £0 platform fee (DIY) | £7.50/trade (shares) | InvestEngine |
| Regular investing | Free, from £1 (AutoInvest) | £1.50/trade, funds free | Draw |
| Platform | 7/10 | 8/10 | Fidelity International |
| Market coverage | 5/10 | 8/10 | Fidelity International |
| Customer support | 6/10 | 8/10 | Fidelity International |
The verdict
InvestEngine has a clear edge on fees, while Fidelity International is stronger on market coverage. If fees matters most to you, InvestEngine is probably the right choice; if you prioritise market coverage instead, Fidelity International is the better fit.
Why choose InvestEngine
- Genuinely 0% platform fee on DIY portfolios across ISA, SIPP and GIA
- SIPP platform fee removed in December 2024, one of the lowest-cost DIY pensions available
- Fractional investing from £1 across around 800 ETFs
- Free in-specie transfers where InvestEngine offers matching ETFs
Why choose Fidelity International
- Free fund dealing — buy, sell and switch funds at zero cost
- £90/year cap on ETF and share fees in an ISA or SIPP, among the most competitive for growing ETF portfolios
- No service fee at all on Junior ISA, Junior SIPP, or GIA exchange-traded holdings
- SIPP named Which? Recommended Provider for six years running
Frequently asked questions
InvestEngine or Fidelity International: which is cheaper?
InvestEngine is generally cheaper: £0 platform fee (DIY), versus £7.50/trade (shares) for Fidelity International.
InvestEngine or Fidelity International: which has the simpler tax treatment?
Tax treatment is comparable between the two: InvestEngine — ISA / SIPP tax wrapper; Fidelity International — ISA / SIPP tax wrapper.
InvestEngine or Fidelity International: which is better for beginners?
Fidelity International tends to be more beginner-friendly, thanks to a stronger platform and customer support. InvestEngine remains a solid choice if you're already familiar with the markets.
Can I set up regular investing on InvestEngine and Fidelity International?
On InvestEngine: Free, from £1 (AutoInvest). On Fidelity International: £1.50/trade, funds free.
InvestEngine or Fidelity International: which is safer?
InvestEngine: InvestEngine is regulated by the Financial Conduct Authority (FCA) and only accepts UK residents. Client cash and investments are held in line with FCA client money rules, with FSCS protection applying up to the standard limits in the event the firm were to fail. Fidelity International: Fidelity International is authorised and regulated by the Financial Conduct Authority (FCA). Client money and investments are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 per person, per authorised firm. The SIPP has been named a Which? Recommended Provider for six consecutive years and includes pension drawdown with no additional charges beyond the standard service fee.
Read the full InvestEngine review →
Read the full Fidelity International review →
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Information on fees and features is accurate at the time of publication but may change: always check current terms on the broker's official website before opening an account. This is not financial advice.