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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 a $2,500 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.
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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 | 93 including 8 Fidelity Factor ETFs, 11 Fidelity Sector ETFs, 3 Fidelity Bond ETFs, Fidelity ONEQ, and 70 commission-free funds from iShares ETFs | 200+ 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 | $12 per year for each noncore Fidelity fund under $2,000. $25 per year for SIMPLE IRAs. $48 per year ($12 per quarter) administrative fee for Fidelity HSA. | |
| 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 | ||
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| Pros & Cons | Pros:
| Pros:
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| 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 02/28/2017 E*TRADE: Pricing information from published website as of 03/13/2017 | ||
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.
Explore Fidelity In-Depth
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.
Explore E*TRADE In-Depth
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?
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