Robinhood vs Fidelity

Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to Fidelity? Read our comparison chart below.

Robinhood offers $0 stock trades by cutting out physical offices and manual account management. Only basic stock trading can be performed on the mobile app. There is no minimum deposit or maintenance fee, though there is an optional paid premier customer tier starting at $6/month.

While Fidelity offers stock trades at $0 per trade and more than 180 branch locations. There is no minimum deposit.

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

	Robinhood	Fidelity
	SPECIAL OFFER Get a Free Stock - Learn More Read Robinhood Review	SPECIAL OFFER Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More Read Fidelity Review
	Benefits and Features
Stock Trading	$0	$0 per trade
Options Trading		$0 per online trade, plus $0.65 per contract
Annual Fee	All trades are commission-free. No platform fees.
Minimum Deposit	$0	$0
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 ETFs	all U.S. listed ETFs	357 including 28 Fidelity factor, sector, stock, and bond ETFs and 329 iShares® ETFs
Phone Support	No
Broker Assisted Trades	$10	$32.95 per trade for representative-assisted trades.
Customer Service	Monday-Friday 9am - 6pm ET	(800) 343-3548
Inactivity Fee	$0	$0
Maintenance Fee	$0	$0 account service fee
Banking	Coming soon	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.
Mobile App	Yes
Desktop App	Yes	Active Trader Pro (requires you trade 36 times or more in a rolling 12 month period)
Locations	No	More than 180
Online Community	No
Seminars	No
Virtual Trading	No
Fractional Shares	Coming Soon
Taxable Accounts	Yes
IRA Accounts	No
	CreditDonkey® Reviews
Stock Trading
Options Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Mutual Fund Trading
Banking
Pros & Cons	Pros: Commission-free trades No minimum Extended trading hours Cons: No IRAs Limited research No mutual funds & bonds	Pros: Research reports Beginner-friendly tools Mobile app Cons: Restricted platform
Bottom Line	Free way to trade stocks with limited bells and whistles... Read full review	Comprehensive online broker with in-depth research... Read full review
	Get a Free Stock Commission-Free Trades Free Cryptocurrency Investing	Commission-Free Trading - Online Stock, ETF and Option Trades
What Others View		E*TRADE Betterment Ally Invest
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Robinhood: Pricing information from published websites as of 04/18/2020. Fidelity: Pricing information from published website as of 07/03/2020.

Which is Better: Robinhood or Fidelity?

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

In short: Robinhood's stock trading and commissions and fees are impressive. Fidelity's research is excellent.

Articles on Robinhood

Robinhood
Robinhood lets you trade stocks commission-free and has no account minimums. Is it safe? Are there hidden fees? Read on for the pros and cons.
• Robinhood vs E*TRADE
• Robinhood vs Acorns
• Robinhood vs Stash

Articles on Fidelity

Fidelity Review
Thinking of opening a brokerage account with Fidelity? There are many reasons to love Fidelity and a few reasons to think about going elsewhere.
• Fidelity vs Vanguard
• Fidelity vs Charles Schwab
• Fidelity vs TD Ameritrade

Which Do You Think is Best?

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