Betterment vs Fidelity

Betterment is a great robo-advisor for beginners with low fees, good tools, and tax strategies. How does it compare to Fidelity? Read our comparison chart below.

Betterment offers automatic investing starting at an annual fee of 0.25% of your account balance. There is no fee to open an account and no minimum deposit required. All balances get automatic rebalancing, tax loss harvesting, and access to financial experts.

While Fidelity offers stock trades at $0 per trade and more than 180 branch locations. There is no minimum deposit.

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

	Betterment	Fidelity


	SPECIAL OFFER Get up to 1 Year Managed Free - Learn More Read Betterment Review	SPECIAL OFFER Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More Read Fidelity Review
	Benefits and Features
Stock Trading		$0 per trade
Options Trading		$0 per online trade, plus $0.65 per contract
Annual Fee	0.25% for accounts under $100,000; 0.40% for accounts $100,000+
Minimum Deposit	$0	$0
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).
Commission Free ETFs		357 including 28 Fidelity factor, sector, stock, and bond ETFs and 329 iShares® ETFs
Phone Support	Yes
Live Chat Support	No
Email Support	Yes
Human Advisors	Yes
Robo Advisor
Assets Under Management	$14 Billion
Tax Loss Harvesting	Yes
Goal Tracker	Yes
Automatic Deposits	Yes
Broker Assisted Trades		$32.95 per trade for representative-assisted trades.
Customer Service		(800) 343-3548
Inactivity Fee		$0
Maintenance Fee		$0 account service fee
Online Platform	Yes
iPhone App	Yes
Android App	Yes
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.
Mobile App	Yes
Desktop App		Active Trader Pro (requires you trade 36 times or more in a rolling 12 month period)
Locations		More than 180
Virtual Trading
Single Stock Diversification	No
Fractional Shares	Yes
Taxable Accounts	Yes
401k Plans	Yes
IRA Accounts	Yes
Roth IRA Accounts	Yes
SEP IRA Accounts	Yes
Trust Accounts	Yes
529 Plans	No
	CreditDonkey® Reviews

Annual Fee
Minimum Deposit
Human Advisors
Customer Service
Stock Trading
Options Trading
Mutual Fund Trading
Banking
Mobile App
Commissions and Fees
Research
Pros & Cons	Pros: No minimum investment Many customized portfolios Automatically invest extra funds Cons: Limited investment options High fees for large investors	Pros: Research reports Beginner-friendly tools Mobile app Cons: Restricted platform
Bottom Line	Great robo-advisor for beginners with low fees, good tools, and tax strategies... Read full review	Comprehensive online broker with in-depth research... Read full review

	Get up to 1 Year Managed Free Get 1 Month Managed Free Get 6 Months Managed Free	Commission-Free Trading - Online Stock, ETF and Option Trades
What Others View		E*TRADE Ally Invest
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Betterment: Pricing information from published website as of 04/04/2018 Fidelity: Pricing information from published website as of 07/11/2020.

Which is Better: Betterment or Fidelity?

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