Fidelity vs TD Ameritrade
Fidelity is a comprehensive online broker with in-depth research. How does it compare to TD Ameritrade? Read our comparison chart below.
Fidelity offers stock trades at $0 per trade and more than 180 branch locations. There is no minimum deposit.
While TD Ameritrade offers $0 commission online stock, ETF, and option trades. This online broker also has more than 100 branch locations. There is no minimum deposit, no maintenance fee, and no inactivity fee.
Compare Fidelity with TD Ameritrade, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Fidelity | TD Ameritrade | |
|---|---|---|
Commission-Free Trading - Online Stock, ETF and Option Trades - | Commission-Free Trading - Online Stock, ETF and Option Trades - | |
Benefits and Features | ||
| Stock Trading | $0 commission for online stock, ETF, and option trades | |
| Options Trading | $0 per online trade, plus $0.65 per contract | |
| Annual Fee | ||
| Cryptocurrency Trading | ||
| Minimum Deposit | ||
| Mutual Fund Trading |
| Up to $49.95 or $74.95 for buys. $0 for sells |
| 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 | 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. | Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing. |
| Mobile App | | |
| Desktop App | ||
| Two-Factor Authentication | ||
| Forex Trading | | |
| Futures Trading | $2.25 per contract (plus exchange & regulatory fees) | |
| Locations | More than 100 locations in 34 states | |
| Online Community | ||
| Seminars | Yes, frequent webinars and courses for beginners | |
| Virtual Trading | Paper Trading to practice/test strategies and ideas. | |
| Fractional Shares | ||
| Taxable Accounts | ||
| 401k Plans | ||
| IRA Accounts | ||
| Roth IRA Accounts | ||
| SEP IRA Accounts | ||
| Trust Accounts | ||
| 529 Plans | ||
CreditDonkey® Reviews | ||
| Stock Trading |   |  |
| Options Trading | | |
| Mutual Fund Trading | | |
| Banking | | |
| Mobile App | | |
| Commissions and Fees | | |
| Research | | |
| Ease of Use | | |
| Online Community | | |
| Trading Platform | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Comprehensive online broker with in-depth research... | Good online broker for long-term investors... |
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 12/05/2020. TD Ameritrade: Pricing information from published website as of 07/18/2019. | ||
Which is Better: Fidelity or TD Ameritrade?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Fidelity or eToro.
In short: Fidelity's banking is excellent. TD Ameritrade's mobile app is impressive.
Articles on Fidelity
Fidelity
Thinking of opening a brokerage account with Fidelity? There are many reasons to love Fidelity and a few reasons to think about going elsewhere.
Articles on TD Ameritrade
TD Ameritrade Review
TD 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.
TD Ameritrade Customer Service
TD Ameritrade offers 24/7 customer service - both online and on the phone. But the best way to actually contact TD Ameritrade may surprise you. Read on.
Which Do You Think is Best?
You Might Also Like
Is Ally Invest Good For Beginners
Ally Invest is a popular fee-free online brokerage. Is it good for beginners? Read on.
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
New to investing and having trouble choosing a broker? How do you choose a trading platform that's best for beginners?
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
When it comes to buying stocks online, many think of Robinhood first. But how do other apps compare? Is there a better commission fee-free app?
Savings vs Investing
What are the rules of saving vs. investing? Find out how to prioritize your finances and how much you should save BEFORE investing.
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.
Can I Have Multiple Trading Accounts
Is it a good (or bad) idea to have multiple trading accounts? Find out what you need to know about having two or more investment accounts.
How to Invest Money
To make money, you need to invest money wisely. Here are smart ways beginners can start investing in stocks and real estate, even with little money.
Next Page: Fidelity
