E*TRADE vs Fidelity
E*TRADE is an online broker with one of the best user interfaces. How does it compare to Fidelity? Read our comparison chart below.
E*TRADE offers stock trades at $0 per trade. There is a $500 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 E*TRADE with Fidelity, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
E*TRADE | Fidelity | |
|---|---|---|
Learn more about E*TRADE - | Commission-Free Trading - Online Stock, ETF and Option Trades - | |
Benefits and Features | ||
| Stock Trading | ||
| Options Trading |
| $0 per online trade, plus $0.65 per contract |
| Annual Fee | ||
| Cryptocurrency Trading | ||
| Minimum Deposit | $0 for self-directed brokerage accounts; Managed portfolios start at $500 minimum | |
| Mutual Fund Trading | $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 | |
| Phone Support | ||
| Live Chat Support | ||
| Email Support | ||
| Human Advisors | Optional coaching or investment management with human advisors (for added fees) | |
| Robo Advisor | Optional Fidelity Go robo-advisory service | |
| Assets Under Management | ||
| Penny Stocks |  | |
| Tax Loss Harvesting | ||
| Goal Tracker | ||
| Automatic Deposits | ||
| Broker Assisted Trades | $32.95 per trade for representative-assisted trades. | |
| Customer Service | ||
| Good For | More experienced DIY investors; Mutual fund investors | |
| Inactivity Fee | ||
| Maintenance Fee | ||
| Online Platform | Yes (access to Active Trader Pro is available to those who trade 36 times or more in a rolling 12 month period) | |
| iPhone App | ||
| Android App | ||
| Banking | Checking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions. | 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 | | |
| Desktop App | E*TRADE Pro (requires you to execute at least 30 trades during a calendar quarter or maintain brokerage account balance of at least $250,000) | |
| Two-Factor Authentication | ||
| Futures Trading | $1.50 per contract, per side + fees (excluding bitcoin futures) | |
| Locations | ||
| Online Community | ||
| Seminars | Yes, frequent webinars and courses for beginners | |
| Virtual Trading | ||
| Fractional Shares | ||
| Taxable Accounts | ||
| 401k Plans | ||
| IRA Accounts | ||
| Roth IRA Accounts | ||
| SEP IRA Accounts | ||
| Trust Accounts | ||
| 529 Plans | ||
CreditDonkey® Reviews | ||
| Stock Trading |   | |
| Options Trading | | |
| Banking | | |
| Mobile App | | |
| Commissions and Fees |  | |
| Ease of Use | | |
| Online Community | | |
| Research | | |
| Trading Platform | | |
| Mutual Fund Trading | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Online broker with one of the best user interfaces... | Comprehensive online broker with in-depth research... |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. E*TRADE: Pricing information from published website as of 12/05//2020. Fidelity: Pricing information from published website as of 09/07/2023. | ||
Which is Better: E*TRADE or Fidelity?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing E*TRADE or Robinhood.
In short: E*TRADE's mobile app is outstanding. Fidelity's banking and research are excellent.
Articles on E*TRADE
E*TRADE
E*TRADE is a highly well-known name, but does that mean it is better than its competitors? Read our in-depth review and see how it compares.
Articles on Fidelity
Fidelity Investments
Thinking of opening a brokerage account with Fidelity? There are many reasons to love Fidelity and a few reasons to think about going elsewhere.
Which Do You Think is Best?
You Might Also Like
How to Buy Reddit Stock
Looking for ways to invest in Reddit? While Reddit's IPO is expected in 2023, you can still get ahead and buy your Reddit shares. Check this out.
How to Buy Stocks Online
So you want to know how to buy stocks online but have questions. How to start? Are the fees high? Is it safe? This detailed guide will help.
M1 Finance Alternatives
M1 Finance is a popular app for fee-free investing. But is there a better option for you? Find out in this detailed guide to M1 Finance alternatives.
Best Trading Platform for Beginners
Need help choosing a trading platform? Discover the 12 best for beginners in this comprehensive guide.
Best Investment Accounts
Looking to open an investment account? In this list, review the best investment accounts to choose from and how to pick the right one for you.
Robinhood Alternatives
Looking for apps like Robinhood but with a twist? Find the best alternatives with superior features. Do better in online trading with these apps.
How to Invest in Index Funds
Index funds are a low-cost and passive way to invest. If you're afraid of picking the wrong investments, learn how index funds may be a safer option.
Best Ways to Invest $50,000
Have $50,000 to invest? Here are 12 smart investment ideas to turn $50k into even bigger money.
How to Invest Money
Invest smartly, even if you're new to the game. Discover how to begin investing in stocks and real estate with little money.
Free Stock Trading App
Looking for the best stock trading apps for free? Elevate your investment game with these top choices.
Next Page: E*TRADE
