Save money and be informed. CreditDonkey is a personal finance comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Fidelity vs Betterment

Fidelity is a comprehensive online broker with in-depth research. How does it compare to Betterment? 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 Betterment offers automatic investing starting at an annual fee of 0.25% of your account balance. There is no fee to open an account and no minimum deposit required. All balances get automatic rebalancing, tax loss harvesting, and access to financial experts.

Compare Fidelity with Betterment, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 

Fidelity

Betterment

SPECIAL OFFER
Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More

Read Fidelity Review

SPECIAL OFFER
Get up to 1 Year Managed Free - Learn More

Read Betterment Review

 

Benefits and Features

Savings 
Check
Stock Trading
$0 per trade
 
Options Trading$0 per online trade, plus $0.65 per contract 
Annual Fee
None
  • 0.25% for accounts under $100,000
  • 0.40% for accounts $100,000+
Cryptocurrency Trading
No
 
Minimum Deposit
$0
$0
Checking 
No-Fee Checking
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).
 
Commission Free ETFs357 including 28 Fidelity factor, sector, stock, and bond ETFs and 329 iShares® ETFs 
Phone Support
(800) 343-3548; available 24/7
Yes
Live Chat Support
No
No
Email Support
Yes
Yes
Human AdvisorsOptional coaching or investment management with human advisors (for added fees)
Yes ($100k minimum)
Robo AdvisorOptional Fidelity Go robo-advisory service
Check
Assets Under Management
$4.9 Trillion
$14 Billion
Tax Loss Harvesting
No
Yes
Goal Tracker
Yes
Yes
Automatic Deposits
Yes
Yes
Broker Assisted Trades$32.95 per trade for representative-assisted trades. 
Good ForMore experienced DIY investors; Mutual fund investors 
Inactivity Fee
$0
 
Maintenance Fee
$0 account service fee
 
Online PlatformYes (access to Active Trader Pro is available to those who trade 36 times or more in a rolling 12 month period)
Yes
iPhone App
Yes (4.8 stars, 1.7m ratings)
Yes
Android App
Yes (4.5 stars, 97k ratings)
Yes
BankingFidelity 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
Check
Yes
Two-Factor Authentication
Yes
 
Locations
More than 180
 
Online Community
Yes, it has an investor forum
 
SeminarsYes, frequent webinars and courses for beginners 
Virtual Trading
No
 
Single Stock Diversification 
No
Fractional Shares
Yes
Yes
Taxable Accounts
Yes
Yes
401k Plans
Yes
Yes
IRA Accounts
Yes
Yes
Roth IRA Accounts
Yes
Yes
SEP IRA Accounts
Yes
Yes
Trust Accounts
Yes
Yes
529 Plans
Yes
No
 

CreditDonkey® Reviews

Stock TradingStarStarStarStarEmpty Star
Options TradingStarStarStarStarEmpty Star
Mutual Fund TradingStarStarStarStarHalf Star
BankingStarStarStarStarStar
Mobile AppStarStarStarStarEmpty Star
Commissions and FeesStarStarStarStarEmpty Star
ResearchStarStarStarStarStar
Annual FeeStarStarStarStarHalf Star
Minimum DepositStarStarStarStarStar
Human AdvisorsStarStarStarEmpty StarEmpty Star
Customer ServiceStarStarStarStarEmpty Star
Pros & ConsPros:
  • Research reports
  • Beginner-friendly tools
  • Mobile app
Cons:
  • Restricted platform
Pros:
  • No minimum investment
  • Customized portfolios
  • Automatically invest extra funds
Cons:
  • Limited investment options
  • High fees for large investors
Bottom LineComprehensive online broker with in-depth research... Read full reviewGreat robo-advisor for beginners with low fees, good tools, and tax strategies... Read full review

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.

Betterment: Pricing information from published website as of 04/04/2018

Which is Better: Fidelity or Betterment?

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


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.

Articles on Betterment

Betterment Investing

Betterment offers low fees and good returns. But there are risks you should NOT ignore. Read this review to see if Betterment is better.

Betterment Fees

Betterment offers no minimum deposit and good returns. But are the fees worth it? Read on to learn about this robo-advisor's costs.

Is Betterment Safe

Betterment offers low fees, no minimum balance and good returns. But is it a good idea? Find out if it's safe to invest your money with this robo-advisor.

Is Betterment Worth The Fee

Betterment will manage your investments, but they charge a fee. Is Betterment worth the fee? Read on to answer all your questions.

Betterment Roth IRA

Is Betterment a good way to invest for retirement? What about the fees and withdrawals? Read on to learn how Betterment's Roth IRA account works.

Betterment vs Wealthfront

Betterment and Wealthfront are two of the oldest and most popular robo-advisors. Is there a difference? Which is better for you? Read on to find out.

Which Do You Think is Best?





You Might Also Like

Best Cash Management Accounts

Best Cash Management Accounts

Cash management accounts combine the features of savings, checking, and investment account. Compare the best cash management accounts in this guide.
How to Invest as a College Student

How to Invest as a College Student

Not sure how to invest as a college student? Check out this guide to find 6 solid investments for college students to invest in for their future.
Best Investment Accounts

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.
Are Investing Apps Safe

Are Investing Apps Safe

Investing apps make it convenient to trade and manage your portfolio. But can you trust them with your money? Read on to find out if they are safe.
Best Investment Apps for Beginners

Best Investment Apps for Beginners

Looking to start investing? You can begin with as little as $5. Check out these cheap (or free) apps for new investors.
Best Investment Apps

Best Investment Apps

Not all investing apps are worth it. Learn how investment apps like Acorns and Robinhood compare to others.
Best Online Brokerage

Best Online Brokerage

What is the best online brokerage accounts for beginners? Read this guide to find investing platforms for mutual funds, IRAs, day trading and more.
Ally Invest Review: Pros and Cons

Ally Invest Review: Pros and Cons

Ally Invest offers free trades for stocks and ETFs. But is it good? Find out how it compares to other online brokers.
Best Roth IRA Providers for Beginners

Best Roth IRA Providers for Beginners

Opening a Roth IRA is one of the best money moves you can make. But where should you open an account? Here are our top recommended Roth IRA providers.

Next Page:

About CreditDonkey
CreditDonkey is a personal finance comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

About Us | Reviews | Deals | Tips | Privacy | Do Not Sell My Info | Terms | Contact Us
(888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
© 2023 CreditDonkey Inc. All Rights Reserved.