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Fidelity vs Charles Schwab


 

Fidelity

Charles Schwab

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

Read Fidelity Review

SPECIAL OFFER
Schwab Starter Kit - $50 Bonus - Learn More

Read Charles Schwab Review

 

Benefits and Features

Stock Trading
$0
$0 commission on U.S. stocks and ETFs
Options Trading
$0.65 per contract
$0 + $0.65 per contract
Annual Fee
None
None
Cryptocurrency Trading
$0
No
Minimum Deposit
$0
$0
Mutual Fund Trading
Yes
$0 for funds from Schwab Mutual Fund OneSource and up to $74.95 per purchase for all other funds
Commission Free ETFs 2,000+ across asset classes and fund companies, $0 commission through Schwab ETF OneSourceā„¢.
Broker Assisted Trades 
$25.00 service charge
Inactivity Fee
$0
None
Maintenance Fee
$0
$0
Banking
No
Yes
Mobile App
Yes
Yes
Desktop App 
Yes
Futures Trading 
$2.25 per contract
Customer Service 
24/7
Locations 
300 locations
Online Community 
Yes
Seminars 
Yes
Trading PlatformDesktop, Web Trading, Mobile AppsDesktop, Web Trading, Mobile Apps
Virtual Trading 
Yes (thinkorswim platforms)
Fractional Shares
Yes
 
 

CreditDonkey® Reviews

Stock TradingStarStarStarStarHalf Star
Options TradingStarStarStarHalf StarEmpty Star
Mutual Fund TradingStarStarStarStarEmpty Star
Online PlatformStarStarStarStarStar
BankingStarStarStarStarStar
Mobile AppStarStarStarHalf StarEmpty Star
Commissions and FeesStarStarStarEmpty StarEmpty Star
Ease of UseStarStarStarStarEmpty Star
ResearchStarStarStarStarStar
Pros & ConsPros:
  • Vast selection of commission-free ETFs and mutual funds
  • 2 platforms (one for beginners and one for advanced traders)
  • 24/7 customer service including online chat
Cons:
  • Commission costs on mutual funds outside of the commission-free funds
  • Robo-advisor option requires a minimum investment of $5,000
Bottom Line Read full reviewGood choice for beginning and advanced investors looking to invest in ETFs and mutual funds or investors that require extensive research... 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 06/10/2026.

Charles Schwab: Pricing information from published websites as of 06/03/2026.


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.

Articles on Charles Schwab

Charles Schwab

Charles Schwab is one of the oldest names in the world of investing. With low fees, no account minimums, and robust research tools, it's a good brokerage for all levels of investors.

Which Do You Think is Best?





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