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.
| SPECIAL OFFER Commission-Free Trading - Online Stock, ETF and Option Trades - Learn MoreRead Fidelity Review | SPECIAL OFFER Get up to 1 Year Managed Free - Learn MoreRead Betterment Review |
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| Benefits and Features |
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Savings | |  |
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Stock Trading | $0 per trade | |
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Options Trading | $0 per online trade, plus $0.65 per contract | |
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Annual Fee | None |
- 0.25% for accounts under $100,000
- 0.40% for accounts $100,000+
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Cryptocurrency Trading | No | |
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Minimum Deposit | $0 | $0 |
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Checking | | No-Fee Checking |
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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).
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Commission Free ETFs | 357 including 28 Fidelity factor, sector, stock, and bond ETFs and 329 iShares® ETFs | |
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Phone Support | (800) 343-3548; available 24/7 | Yes |
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Live Chat Support | No | No |
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Email Support | Yes | Yes |
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Human Advisors | Optional coaching or investment management with human advisors (for added fees) | Yes ($100k minimum) |
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Robo Advisor | Optional Fidelity Go robo-advisory service |  |
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Assets Under Management | $4.9 Trillion | $14 Billion |
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Tax Loss Harvesting | No | Yes |
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Goal Tracker | Yes | Yes |
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Automatic Deposits | Yes | Yes |
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Broker Assisted Trades | $32.95 per trade for representative-assisted trades. | |
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Good For | More experienced DIY investors; Mutual fund investors | |
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Inactivity Fee | $0 | |
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Maintenance Fee | $0 account service fee | |
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Online Platform | Yes (access to Active Trader Pro is available to those who trade 36 times or more in a rolling 12 month period) | Yes |
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iPhone App | Yes (4.8 stars, 1.7m ratings) | Yes |
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Android App | Yes (4.5 stars, 97k ratings) | Yes |
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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. | |
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Mobile App |  | Yes |
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Two-Factor Authentication | Yes | |
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Locations | More than 180 | |
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Online Community | Yes, it has an investor forum | |
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Seminars | Yes, frequent webinars and courses for beginners | |
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Virtual Trading | No | |
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Single Stock Diversification | | No |
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Fractional Shares | Yes | Yes |
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Taxable Accounts | Yes | Yes |
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401k Plans | Yes | Yes |
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IRA Accounts | Yes | Yes |
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Roth IRA Accounts | Yes | Yes |
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SEP IRA Accounts | Yes | Yes |
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Trust Accounts | Yes | Yes |
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529 Plans | Yes | No |
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| CreditDonkey® Reviews |
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Stock Trading |      | |
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Options Trading |      | |
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Mutual Fund Trading |      | |
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Banking |      | |
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Mobile App |      | |
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Commissions and Fees |      | |
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Research |      | |
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Annual Fee | |      |
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Minimum Deposit | |      |
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Human Advisors | |      |
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Customer Service | |      |
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Pros & Cons | Pros:- Research reports
- Beginner-friendly tools
- Mobile app
Cons: | Pros:- No minimum investment
- Customized portfolios
- Automatically invest extra funds
Cons:- Limited investment options
- High fees for large investors
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Bottom Line | Comprehensive online broker with in-depth research... Read full review | Great robo-advisor for beginners with low fees, good tools, and tax strategies... Read full review |
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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
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 offers low fees and good returns. But there are risks you should NOT ignore. Read this review to see if Betterment is better.
Betterment offers no minimum deposit and good returns. But are the fees worth it? Read on to learn about this robo-advisor's costs.
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.
Betterment will manage your investments, but they charge a fee. Is Betterment worth the fee? Read on to answer all your questions.
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 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.
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