Fidelity vs E*TRADE

Fidelity is a cash management account with a decent APY. How does it compare to E*TRADE? 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 E*TRADE offers stock trades at $0 per trade. There is a $500 minimum deposit, no maintenance fee and no inactivity fee.

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

	Fidelity	E*TRADE
	SPECIAL OFFER Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More Read Fidelity Review	SPECIAL OFFER Learn more about ETRADE - Learn More* Read E*TRADE Review
	Benefits and Features
Stock Trading	$0	$0 per trade
Options Trading	$0.65 per contract	$0 per trade + $0.65 per contract $0 per trade + $0.50 per contract if you make 30+ trades a quarter
Annual Fee	None	None
Cryptocurrency Trading	$0
Minimum Deposit	$0	$0 for self-directed brokerage accounts; Managed portfolios start at $500 minimum
Mutual Fund Trading	Yes	$0 for no-load, no-transaction-fee funds; $19.99 for transaction-fee funds
Commission Free ETFs		250+
Penny Stocks
Broker Assisted Trades		$25 + Regular Commission
Inactivity Fee	$0	$0
Maintenance Fee	$0	$0
Banking	No	Checking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions.
Mobile App	Yes
Desktop App		Power E*TRADE Pro (requires you to execute at least 30 trades during a calendar quarter or maintain brokerage account balance of at least $250,000)
Futures Trading		$1.50 per contract, per side + fees (excluding bitcoin futures)
Customer Service		800-387-2331
Trading Platform	Desktop, Web Trading, Mobile Apps	Web Trading, Mobile Apps
Virtual Trading		Yes
Fractional Shares	Yes
	CreditDonkey® Reviews
Savings
Fees
Mobile App
Customer Service
Stock Trading
Options Trading
Banking
Commissions and Fees
Ease of Use
Online Community
Research
Trading Platform
Pros & Cons	Pros: $0 monthly service fee No minimum balance Free debit card Cons: Relatively low APY Few physical branches	Pros: Expansive set of resources and tools Easy to use website Industry leader Cons: Trade fees
Bottom Line	Cash management account with a decent APY... Read full review	Online broker with one of the best user interfaces... Read full review
	Commission-Free Trading - Online Stock, ETF and Option Trades Cash Management Account	Learn more about ETRADE Personal Savings Account - Up to $1,000 Bonus ETRADE Account - Up to $10,000 Bonus
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. E*TRADE: Pricing information from published website as of 11/18/2025.

Which is Better: Fidelity or E*TRADE?

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

In short: E*TRADE's mobile app is outstanding.