Softwr

Cryptocurrency & Blockchain · head to head

Bybit vs Fidelity

Bybit logo

Bybit

Cryptocurrency & Blockchain

Where crypto traders come to win

From
Free
Rated
-
Full reviewWebsite
Fidelity logo

Fidelity

Personal Finance

Building a better financial future

From
On request
Rated
-
Full reviewWebsite

The short version

  • Only Bybit has a free tier, so it costs nothing to try first.
  • Each has a real cost: Bybit unavailable in US, Canada, and UK due to regulatory restrictions; Fidelity options trades carry a 0.65 USD per contract fee on top of zero commission
  • They diverge on capability: Bybit covers Perpetual Contracts, Fidelity covers Commission-free trading.

Where they differ

Only the attributes on which Bybit and Fidelity actually diverge.

Attributes where Bybit and Fidelity differ
AttributeBybitFidelity
Starting priceFreeOn request
Pricing modelUnknowntransaction
Free tierYesNo
PlatformsWeb, iOS, Android, DesktopWeb, IOS, Android
CategoryCryptocurrency & BlockchainPersonal Finance
Founded20181946

Identical on both: user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Bybit

  • Perpetual Contracts
  • Futures Trading
  • Spot Trading
  • Copy Trading
  • Launchpad
  • Bybit Wallet
  • Bybit Card
  • Ios support

Only in Fidelity

  • Commission-free trading
  • Retirement planning
  • Advisory services
  • Research tools
  • Bank accounts
  • Investment accounts
  • IOS support

Both cover

  • Web support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

Bybit

  • Exchangesnot Fidelity
  • Derivativesnot Fidelity
  • Futuresnot Fidelity

Fidelity

  • Commission free trading of US stocks and ETFsnot Bybit
  • Holding IRAs, 401(k) plans and taxable brokerage accountsnot Bybit
  • Trading bonds, options and mutual funds from one accountnot Bybit

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Bybit

  • Unavailable in US, Canada, and UK due to regulatory restrictions
  • Limited fiat currency deposit and withdrawal options compared to other major exchanges
  • Smaller selection of altcoins compared to Binance

Fidelity

  • Options trades carry a 0.65 USD per contract fee on top of zero commission
  • Non Fidelity mutual funds carry a 49.95 USD transaction fee per purchase
  • Secondary market bonds cost 1.00 USD per bond, while new issues are free
  • A foreign settlement fee of 50 USD applies per trade
  • Margin rates are tiered by debit balance, from 11.825 percent below 25,000 USD down to 7.50 percent at 1 million USD or more, against a base rate of 10.575 percent effective 12 December 2025
  • Margin liquidation by the broker costs 32.95 USD per liquidation

Pricing, plan by plan

Bybit

Free
  • Spot Trading$0.1/percent maker/taker
    • 0.1% base fee
  • Futures Trading$0.02/percent maker
    • 0.02% maker / 0.055% taker

Fidelity

On request
  • Brokerage$undefined/month
    • Commission-free trading
    • Research tools
  • Advisory$undefined/month
    • Personal advisor
    • Wealth management

Which should you pick?

Choose Bybit if

  • You need perpetual contracts.
  • You want to start without paying.
  • You work on Web, iOS, Android, Desktop.
  • You also want futures trading.
Bybit review

Choose Fidelity if

  • You need commission-free trading.
  • You work on Web, IOS, Android.
  • You also want retirement planning.
Fidelity review

Questions people ask

Is Bybit or Fidelity better?
Neither clearly leads. Bybit starts at Free and Fidelity at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Bybit or Fidelity?
Bybit has a free tier; the other does not. Paid plans start at Free for Bybit and On request for Fidelity.
Does Bybit or Fidelity run on more platforms?
Bybit runs on Web, iOS, Android, Desktop. Fidelity runs on Web, IOS, Android.
Can I use Bybit for free?
Yes. Bybit has a free tier, so you can try it without paying. Fidelity starts at On request.
What is Bybit best used for?
Bybit is most often used for exchanges, derivatives, futures. Of those, exchanges and derivatives are not what Fidelity is typically brought in for.
What can Bybit do that Fidelity cannot?
Bybit covers Perpetual Contracts, Futures Trading, Spot Trading, Copy Trading. Fidelity covers Commission-free trading, Retirement planning, Advisory services, Research tools. Both handle Web support, Android support.

Answered from the vendors’ own pages

Bybit: What trading products does Bybit offer?

Bybit offers spot trading, perpetual contracts (up to 125x leverage), futures with daily/monthly/quarterly contracts, and options on BTC, ETH, and SOL settled in USDC.

Source
Bybit: What are Bybit's trading fees?

Spot trading fees start at 0.1% for both maker and taker. Futures fees are typically 0.02% maker and 0.055% taker, with discounts available for VIP tiers based on trading volume.

Source
Bybit: Where can I withdraw fiat from Bybit?

Bybit has limited fiat withdrawal options and is not available in the US, Canada, or the UK due to crypto regulations. Fiat withdrawals depend on your country of residence and banking partners.

Source
Bybit: Does Bybit support mobile trading?

Yes, Bybit offers a mobile app for iOS and Android with access to all trading features including spot, derivatives, and advanced order types.

Source
ShareXLinkedInRedditWhatsAppEmail

Related pages

More on Bybit

More on Fidelity

Keep looking

Other head to heads