CreditDonkey is a stock broker comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Fidelity vs Scottrade

Fidelity is a comprehensive online broker with in-depth research. How does it compare to Scottrade? 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 Scottrade offers stock trades at $6.95 per trade and more than 500 branch office locations. There is a $2,500 minimum deposit, no maintenance fee and no inactivity fee.

Compare Fidelity with Scottrade, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 FidelityScottrade
 Learn MoreLearn More
 

Fidelity

Scottrade

SPECIAL OFFER
Get 500 Free Trades for 2 Years - Learn More

Read Fidelity Review

SPECIAL OFFER
Open an Account - Learn More

Read Scottrade Review

 

Benefits and Features

Stock Trading
$4.95 per trade
$6.95 per trade
Options Trading$4.95 per online trade, plus $0.65 per contract
$6.95 + $0.70 per contract
Minimum Deposit
$0
$2,500 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).
No Fee to Buy/Sell/Exchange No-Load, No-Transaction Fee Funds
$17 to Buy/Sell/Exchange No-Load Funds
$0 to Buy Load Funds and $17 to Sell/Exchange Load Funds
Commission Free ETFs265 including 25 Fidelity factor, sector, stock, and bond ETFs and 240 iShares® ETFs 
Penny Stocks $6.95 per trade + 0.5% principal for any stock trading under $1
Broker Assisted Trades$32.95 per trade for representative-assisted trades.
$32
Customer Service
(800) 343-3548
(800) 619-7283 (Monday to Friday 6am to 1am Eastern; Saturday and Sunday 9am to 7pm Eastern)
Inactivity Fee
$0
$0
Maintenance Fee
$0 account service fee
$0
BankingFidelity Cash Management Account includes reimbursed ATM fees, no monthly fee, no minimum balance requirement, FDIC insurance, mobile check deposit, free billpay and free checkwriting.Scottrade Bank has no monthly maintenance fees, ATM reimbursement program, online bill pay, and mobile banking.
Mobile App
Desktop AppActive Trader Pro (requires you trade 36 times or more in a rolling 12 month period)ScottradeELITE (requires you execute 9 or more stock or option trades during the past 3 months, have $25,000 in your primary account, or have $15,000 in your primary account and combined linked assets of $25,000 or more)
Locations
More than 180
More than 500 branch locations
Seminars In-person branch seminars, online events and live webinars
Virtual Trading
ScottradeELITE offers virtual trading
 

CreditDonkey® Reviews

 FidelityScottrade
Stock Trading
Options Trading
Mutual Fund Trading
Banking
Mobile App
Commissions and Fees
Research
Customer Service
Ease of Use
Trading Platform
Pros & ConsPros:
  • Research reports
  • Beginner-friendly tools
  • Mobile app
Cons:
  • Restricted platform
Pros:
  • Low per trade fees
  • Physical locations
  • Easy-to-navigate website
Cons:
  • No futures trading
  • High broker-assisted fee
Bottom LineComprehensive online broker with in-depth research... Read full reviewSolid choice for cost-conscious traders who are familiar with online investing... Read full review

Open an Account

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

Scottrade: TD Ameritrade has acquired Scottrade. Scottrade accounts will convert to TD Ameritrade on 2/26/2018. Pricing information from published website as of 03/27/2017

Which is Better: Fidelity or Scottrade?

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.


Explore Fidelity In-Depth


Explore Scottrade In-Depth


Which Do You Think is Best?


You Might Also Like

    TD Ameritrade Review: Pros and Cons

    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.

Compare Fidelity to:


You might also be interested in

Moneydance

The days of manually balancing a checkbook are slowly fading away. Today, it's all about automation, which can be good news for those who look at a check register as if it's in a foreign language.

Compare Scottrade to:


Next Page:

About CreditDonkey®
CreditDonkey is a stock broker comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.