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Fidelity vs E*TRADE

Fidelity is a comprehensive online broker with in-depth research. 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 E*TRADE - Learn More

Read E*TRADE Review

 

Benefits and Features

Stock Trading
$0 per trade
$0 per trade
Options Trading$0 per online trade, plus $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
 
Cryptocurrency Trading
No
 
Minimum Deposit
$0
$0 for self-directed brokerage accounts; Managed portfolios start at $500 minimum
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).
$0 for no-load, no-transaction-fee funds; $19.99 for transaction-fee funds
Commission Free ETFs357 including 28 Fidelity factor, sector, stock, and bond ETFs and 329 iShares® ETFs
250+
Phone Support
(800) 343-3548; available 24/7
 
Live Chat Support
No
 
Email Support
Yes
 
Human AdvisorsOptional coaching or investment management with human advisors (for added fees) 
Robo AdvisorOptional Fidelity Go robo-advisory service 
Assets Under Management
$4.9 Trillion
 
Penny Stocks 
Check
Tax Loss Harvesting
No
 
Goal Tracker
Yes
 
Automatic Deposits
Yes
 
Broker Assisted Trades$32.95 per trade for representative-assisted trades.
$25 + Regular Commission
Customer Service 
800-387-2331
Good ForMore experienced DIY investors; Mutual fund investors 
Inactivity Fee
$0
$0
Maintenance Fee
$0 account service fee
$0
Online PlatformYes (access to Active Trader Pro is available to those who trade 36 times or more in a rolling 12 month period) 
iPhone App
Yes (4.8 stars, 1.7m ratings)
 
Android App
Yes (4.5 stars, 97k ratings)
 
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.Checking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions.
Mobile App
Check
Check
Desktop App 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)
Two-Factor Authentication
Yes
 
Futures Trading $1.50 per contract, per side + fees (excluding bitcoin futures)
Locations
More than 180
 
Online Community
Yes, it has an investor forum
 
SeminarsYes, frequent webinars and courses for beginners 
Virtual Trading
No
 
Fractional Shares
Yes
 
Taxable Accounts
Yes
 
401k Plans
Yes
 
IRA Accounts
Yes
 
Roth IRA Accounts
Yes
 
SEP IRA Accounts
Yes
 
Trust Accounts
Yes
 
529 Plans
Yes
 
 

CreditDonkey® Reviews

Stock TradingStarStarStarStarEmpty StarStarStarStarStarEmpty Star
Options TradingStarStarStarStarEmpty StarStarStarStarStarEmpty Star
Mutual Fund TradingStarStarStarStarHalf Star
BankingStarStarStarStarStarStarStarStarEmpty StarEmpty Star
Mobile AppStarStarStarStarEmpty StarStarStarStarStarStar
Commissions and FeesStarStarStarStarEmpty StarStarStarStarHalf StarEmpty Star
ResearchStarStarStarStarStarStarStarStarStarEmpty Star
Ease of UseStarStarStarStarStar
Online CommunityStarStarStarStarEmpty Star
Trading PlatformStarStarStarStarStar
Pros & ConsPros:
  • Research reports
  • Beginner-friendly tools
  • Mobile app
Cons:
  • Restricted platform
Pros:
  • Expansive set of resources and tools
  • Easy to use website
  • Industry leader
Cons:
  • Trade fees
Bottom LineComprehensive online broker with in-depth research... Read full reviewOnline broker with one of the best user interfaces... 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.

E*TRADE: Pricing information from published website as of 12/05//2020.

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 eToro.

In short: Fidelity's banking and research are excellent. E*TRADE's mobile app is outstanding.


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 E*TRADE

E*TRADE

E*TRADE is a highly well-known name, but does that mean it is better than its competitors? Read our in-depth review and see how it compares.

Which Do You Think is Best?





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