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
	SPECIAL OFFER Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More Read Fidelity Review	OFFER Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More Read TD Ameritrade Review
	Benefits and Features
Stock Trading	$0 per trade	$0 commission for online stock, ETF, and option trades
Options Trading	$0 per online trade, plus $0.65 per contract	$0.65 per contract
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).	$0 for no-transaction-fee mutual funds $49.99 for no-load mutual funds $0 for load mutual funds
Commission Free ETFs	357 including 28 Fidelity factor, sector, stock, and bond ETFs and 329 iShares® ETFs	550+ Commission-Free ETFs
Penny Stocks
Broker Assisted Trades	$32.95 per trade for representative-assisted trades.	$25
Customer Service	(800) 343-3548	(800) 669-3900 (Open 24/7)
Inactivity Fee	$0	$0
Maintenance Fee	$0 account service fee	$0
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	Active Trader Pro (requires you trade 36 times or more in a rolling 12 month period)	Thinkorswim
Forex Trading
Futures Trading		$2.25 per contract (plus exchange & regulatory fees)
Locations	More than 180	More than 100 locations in 34 states
Seminars		Online webcast
Virtual Trading		Paper Trading to practice/test strategies and ideas.
	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: Research reports Beginner-friendly tools Mobile app Cons: Restricted platform	Pros: Easy to Use Thinkorswim Platform Customer Service Cons: Trade Fees
Bottom Line	Comprehensive online broker with in-depth research... Read full review	Good online broker for long-term investors... Read full review
	Commission-Free Trading - Online Stock, ETF and Option Trades	Commission-Free Trading - Online Stock, ETF and Option Trades Open an IRA in 15 minutes or less
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. TD Ameritrade: TD Ameritrade has not influenced the content of CreditDonkey. CreditDonkey may earn compensation for accounts opened at TD Ameritrade.

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 Ally Invest.

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.

• Fidelity vs Betterment
• Fidelity vs Ally Invest

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 vs E*TRADE
• TD Ameritrade vs Charles Schwab
• TD Ameritrade vs Vanguard

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?

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