| Rankings |
|---|
| Broker Reviews |
|---|
| Tips |
|---|
| Promotions |
|---|
| Robo Advisor Reviews |
|---|
| Resources |
|---|
Fidelity vs E*TRADE
Fidelity is a comprehensive online broker with in-depth research. How does it compare to E*TRADE? Read our comparison chart below.
Fidelity offers stock trades at $4.95 per trade, 93 commission free ETFs, and more than 180 branch locations. There is no minimum deposit.
While E*TRADE offers stock trades at $6.95 per trade and 200+ commission free ETFs. There is a $500 minimum deposit, no maintenance fee and no inactivity fee.
Compare Fidelity with E*TRADE, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Fidelity | E*TRADE | |
|---|---|---|
Get 500 Free Trades for 2 Years - | Get up to 500 Commission-Free Trades - | |
Benefits and Features | ||
| Stock Trading | $6.95 per trade $4.95 per trade if you make 30+ trades a quarter | |
| Options Trading | $4.95 per online trade, plus $0.65 per contract | $6.95 + $0.75 per contract $4.95 + $0.50 per contract if you make 30+ trades a quarter |
| Minimum Deposit | $500 for brokerage accounts No account minimum for retirement accounts | |
| Mutual Fund Trading | $0 transaction fee for Fidelity funds $0 on purchase for NTF (no transaction fee) non-Fidelity funds. ($49.95 on redemption if held less than 60 days) $49.95 on purchase for non-Fidelity funds; $0 on redemption. (Certain funds may have a $75 transaction fee). | $0 for no-load, no-transaction-fee funds $19.99 for transaction-fee funds |
| Commission Free ETFs | 357 including 28 Fidelity factor, sector, stock, and bond ETFs and 329 iShares® ETFs | 250+ including ETFs from WisdomTree, Global X Funds, and db-X Deutsche Bank |
| Penny Stocks |  | |
| Broker Assisted Trades | $32.95 per trade for representative-assisted trades. | |
| Customer Service | ||
| Inactivity Fee | ||
| Maintenance Fee | ||
| Banking | Fidelity Cash Management Account includes reimbursed ATM fees, no monthly fee, no minimum balance requirement, FDIC insurance, mobile check deposit, free billpay and free checkwriting. | Checking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions. |
| Mobile App | | |
| Desktop App | Active Trader Pro (requires you trade 36 times or more in a rolling 12 month period) | E*TRADE Pro (requires you execute at least 30 trades during a calendar quarter or maintain brokerage account balance of at least $250,000) |
| Futures Trading | | |
| Locations | ||
| Online Community | ETrade Community lets you exchange trading and investing ideas with other ETrade customers. | |
| Seminars | Live events and educational seminars at local branches. | |
| Virtual Trading | | |
CreditDonkey® Reviews | ||
| Stock Trading |   | |
| Options Trading | | |
| Mutual Fund Trading |  | |
| Banking | | |
| Mobile App | | |
| Commissions and Fees | | |
| Research | | |
| Ease of Use | | |
| Online Community | | |
| Trading Platform | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Comprehensive online broker with in-depth research... | Online broker with one of the best user interfaces... |
| What Others View | ||
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Fidelity: Pricing information from published website as of 07/11/2019. E*TRADE: Pricing information from published website as of 07/11/2019. | ||
Which is Better: Fidelity or E*TRADE?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Fidelity or Ally Invest.
In short: Fidelity's banking and research are excellent. E*TRADE's mobile app is outstanding.
Articles on Fidelity
Fidelity Review
Thinking of opening a brokerage account with Fidelity? There are many reasons to love Fidelity and a few reasons to think about going elsewhere.
Articles on E*TRADE
ETrade Review
E*TRADE is a highly well-known name, but does that mean it's that much better than its competitors? Read our in-depth review and see how it compares.
Which Do You Think is Best?
You Might Also Like
Best Online Brokerage
Trading stocks isn't just for the rich and famous. Thanks to the internet, gone are the days of high commissions. Online brokers offer similar services to your traditional in-person broker. But they come at a fraction of the cost.
ZacksTrade Review: Is It Good?
Stock traders that hear the name Zacks likely think of research. That's because Zacks has been a top provider of investment research for many years. The company has since broadened their services to offer an online brokerage firm.
Merrill Edge Review: Is It Good?
If you are looking for excellent customer service, competitive pricing, and robust investment options, you may have found what you are looking for in Merrill Edge.
Interactive Brokers Review: Is It Good?
Do you have $10,000 and plenty of trading knowledge? Interactive Brokers may provide you with a solid trading platform. With their competitive fees and robust trading options, they are a common choice for the experienced trader.
Vanguard Brokerage Review: Is It Good?
Vanguard Brokerage may be a full-service broker, but typically long-term investors preferring ETFs and mutual funds see the greatest return on their investment with them.
Best Discount Broker
The best online broker offers low fees, great customer service, and smart research tools. Find the best discount brokerage to consider.
Best Options Broker
The best options broker offers great service, low prices, and a user-friendly trading platform. Find the top options brokers to consider.
TD Ameritrade Review: Pros and Cons
TD Ameritrade fees are higher than competitors, but is it worth it? We say yes and here's why. We analyze and compare it for you in our in-depth review.
Study: Best Stock Broker App
Staying on top of your investments no longer handcuffs you to a desktop computer and an occasional peek into how your funds are performing. With mobile apps, you have no excuse for not knowing how the overall market is doing or whether your own investments are tanking. The bad news is this can give you even more reasons to keep checking your phone (not that you needed any more reasons). But the good news is, the right app may make you a smarter, more effective investor.
Stock Trading
Are you tired of earning just pennies on your savings every month? Are you looking for another way to build wealth? Do you want to invest in the stock market but don't know where to start?
Compare Fidelity to:
You might also be interested in
Related: Investing
 BusyKidGregg Murset knew he was doing something right when his son Spencer approached him for advice. The 14-year-old boy ran an idea by his dad: Spencer planned on selling the Disney stock he had bought with his own hard-earned allowance money. | ||
Compare E*TRADE to:
Next Page: Fidelity