Charles Schwab vs Fidelity
Charles Schwab is a good choice for beginning and advanced investors looking to invest in ETFs and mutual funds or investors that require extensive research. How does it compare to Fidelity? Read our comparison chart below.
Charles Schwab offers stock and ETF trades at $0 commission and options trading at $0 commission + $0.65 per contract. There is no minimum deposit, no maintenance fee, and no inactivity fee.
While Fidelity offers stock trades at $0 per trade and more than 180 branch locations. There is no minimum deposit.
Compare Charles Schwab with Fidelity, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Charles Schwab | Fidelity | |
---|---|---|
$0 Commissions on Online Stock, ETF, and Options Trades - | Commission-Free Trading - Online Stock, ETF and Option Trades - | |
Benefits and Features | ||
Stock Trading | $0 commission on U.S. stocks and ETFs | |
Options Trading | ||
Annual Fee | ||
Cryptocurrency Trading | ||
Minimum Deposit | ||
Mutual Fund Trading | $0 for funds from Schwab Mutual Fund OneSource and up to $74.95 per purchase for all other funds | |
Commission Free ETFs | 2,000+ across asset classes and fund companies, $0 commission through Schwab ETF OneSourceā¢. | |
Broker Assisted Trades | ||
Inactivity Fee | ||
Maintenance Fee | ||
Banking | ||
Mobile App | ||
Desktop App | ||
Futures Trading | ||
Customer Service | ||
Locations | ||
Online Community | ||
Seminars | ||
Trading Platform | Desktop, Web Trading, Mobile Apps | Desktop, Web Trading, Mobile Apps |
Virtual Trading | ||
CreditDonkey® Reviews | ||
Stock Trading | ||
Options Trading | ||
Mutual Fund Trading | ||
Online Platform | ||
Banking | ||
Mobile App | ||
Commissions and Fees | ||
Ease of Use | ||
Research | ||
Savings | ||
Fees | ||
Customer Service | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | Good choice for beginning and advanced investors looking to invest in ETFs and mutual funds or investors that require extensive research... | Cash management account with a decent APY... |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Charles Schwab: Pricing information from published websites as of 11/09/2024. Fidelity: Pricing information from published website as of 07/05/2024. |
Which is Better: Charles Schwab or Fidelity?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Charles Schwab or Robinhood.