Fidelity vs TD Ameritrade

Fidelity is a cash management account with a decent APY. 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.

	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
	Benefits and Features
Stock Trading	$0	$0 commission for online stock, ETF, and option trades
Options Trading	$0.65 per contract	$0.65 per contract
Annual Fee	None
Cryptocurrency Trading	$0
Minimum Deposit	$0	$0
Mutual Fund Trading	Yes	Up to $49.95 or $74.95 for buys. $0 for sells
Commission Free ETFs		550+ Commission-Free ETFs
Live Chat Support		Yes
Penny Stocks
Broker Assisted Trades		$25
Inactivity Fee	$0	$0
Maintenance Fee	$0	$0
Online Platform		Yes
Banking	No	Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing.
Mobile App	Yes	Yes
Desktop App		Thinkorswim
Forex Trading		Yes
Futures Trading		$2.25 per contract (plus exchange & regulatory fees)
Bond Trading		Yes
CFD Trading		No
Currency Trading		Yes
Customer Service		(800) 669-3900 (Open 24/7)
Locations		More than 100 locations in 34 states
Seminars		Online webcast
Trading Platform	Desktop, Web Trading, Mobile Apps	thinkorswim
Virtual Trading		Yes
Fractional Shares	Yes
	CreditDonkey® Reviews
Savings
Fees
Mobile App
Customer Service
Pros & Cons	Pros: $0 monthly service fee No minimum balance Free debit card Cons: Relatively low APY Few physical branches
Bottom Line	Cash management account with a decent APY... Read full review
	Commission-Free Trading - Online Stock, ETF and Option Trades Cash Management Account	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 07/05/2024. TD Ameritrade: Pricing information from published website as of 09/05/2023.

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Fidelity or Robinhood.

Articles on Fidelity

Fidelity High Yield Savings

Fidelity boasts an all-around account with no fees and a decent APY. But there's even more to discover. Keep reading.

• Fidelity vs Robinhood

Which Do You Think is Best?

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