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TradeStation vs Fidelity

TradeStation is a cost-effective crypto brokerage with advanced analytical and trading tools for experts. How does it compare to Fidelity? Read our comparison chart below.

 TradeStation
 Visit SiteLearn More
 

TradeStation

Fidelity

SPECIAL OFFER
Invest and Earn Up to $5,000 - Learn More

Read TradeStation Review

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

Read Fidelity Review

 

Benefits and Features

Stock Trading 
$0 per trade
Options Trading $0 per online trade, plus $0.65 per contract
Annual Fee 
None
Cryptocurrency Trading 
No
Minimum Deposit 
$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 357 including 28 Fidelity factor, sector, stock, and bond ETFs and 329 iShares® ETFs
Phone Support 
(800) 343-3548; available 24/7
Live Chat Support 
No
Email Support 
Yes
Human Advisors Optional coaching or investment management with human advisors (for added fees)
Robo Advisor Optional Fidelity Go robo-advisory service
Assets Under Management 
$4.9 Trillion
Tax Loss Harvesting 
No
Goal Tracker 
Yes
Automatic Deposits 
Yes
Broker Assisted Trades $32.95 per trade for representative-assisted trades.
Good For More experienced DIY investors; Mutual fund investors
Inactivity Fee 
$0
Maintenance Fee 
$0 account service fee
Online Platform Yes (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)
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.
Mobile App 
Check
Two-Factor Authentication 
Yes
Locations 
More than 180
Online Community 
Yes, it has a investor forum
Seminars Yes, 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

 TradeStation
Cryptocurrency TradingStarStarStarStarEmpty Star
Interest AccountsStarStarHalf StarEmpty StarEmpty Star
Mobile AppStarStarStarStarEmpty StarStarStarStarStarEmpty Star
Commissions and FeesStarStarStarStarHalf StarStarStarStarStarEmpty Star
Ease of UseStarStarStarEmpty StarEmpty Star
ResearchStarStarStarStarStarStarStarStarStarStar
SafetyStarStarStarStarEmpty Star
Stock TradingStarStarStarStarEmpty Star
Options TradingStarStarStarStarEmpty Star
Mutual Fund TradingStarStarStarStarHalf Star
BankingStarStarStarStarStar
Pros & ConsPros:
  • Low Fees
  • Liquidity Aggregation
  • Analytical Tools
Cons:
  • Limited Coin Selection
  • Not Beginner-Friendly
  • Restricted Withdrawal Hours
Pros:
  • Research reports
  • Beginner-friendly tools
  • Mobile app
Cons:
  • Restricted platform
Bottom LineCost-effective crypto brokerage with advanced analytical and trading tools for experts... Read full reviewComprehensive online broker with in-depth research... Read full review
 Visit SiteLearn More

Commission-Free Trading - Online Stock, ETF and Option Trades

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.

TradeStation

Invest and Earn Up to $5,000

Enroll your new or existing TradeStation account in this offer using promo code CASHAFRV on your new account application, requesting to enroll, via telephone, with a TradeStation Representative or by completing the enrollment form. Within 45 days of account enrollment, fund your account with at least $5,000. Maintain at least $5,000 in your account for 270 calendar days. New assets will be aggregated during the 45-calendar day period following the enrollment date to determine the amount of your cash offer.

New AssetsCash Bonus
$5,000 - $24,999$50
$25,000 – $99,999$200
$100,000 – $199,999$300
$200,000 – $499,999$600
$500,000 – $999,999$1,200
$1,000,000 – 1,999,999$2,500
$2,000,000 – 4,999,999$3,500
$5,000,000+$5,000

TradeStation

Invest and Earn $5,000

Enroll your new or existing TradeStation account in this offer using promo code CASHAFRV on your new account application, requesting to enroll, via telephone, with a TradeStation Representative or by completing the enrollment form. Within 45 days of account enrollment, fund your account with $5,000,000 or more. Maintain $5,000,000 or more in your account for 270 calendar days. New assets will be aggregated during the 45-calendar day period following the enrollment date to determine the amount of your cash offer.

TradeStation

Invest and Earn $3,500

Enroll your new or existing TradeStation account in this offer using promo code CASHAFRV on your new account application, requesting to enroll, via telephone, with a TradeStation Representative or by completing the enrollment form. Within 45 days of account enrollment, fund your account with $2,000,000 – 4,999,999. Maintain $2,000,000 – 4,999,999 in your account for 270 calendar days. New assets will be aggregated during the 45-calendar day period following the enrollment date to determine the amount of your cash offer.

Which is Better: TradeStation or Fidelity?

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


Articles on TradeStation

TradeStation Crypto Review

TradeStation Crypto is a cryptocurrency brokerage from a well-known name in investing. But is it legit? Read on to find out.

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.

Which Do You Think is Best?





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About CreditDonkey
CreditDonkey is a personal finance comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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