Vanguard vs Fidelity
Vanguard is a good choice for ETF and mutual fund investors interested in Vanguard-sponsored investments. How does it compare to Fidelity? Read our comparison chart below.
Vanguard offers $0 commission on stock and ETF online trades, $0 commission on Vanguard mutual funds, and no minimum deposit.
While Fidelity offers stock trades at $0 per trade and more than 180 branch locations. There is no minimum deposit.
Compare Vanguard with Fidelity, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Vanguard | Fidelity | |
---|---|---|
Commission-Free Trading - Online Stock, ETF and Option Trades - | ||
Benefits and Features | ||
Stock Trading | ||
Options Trading | $0 + $1-per-contract fee. Discounts available if you have more than $1 million assets invested in Vanguard ETFs and mutual funds | $0 per online trade, plus $0.65 per contract |
Annual Fee | ||
Cryptocurrency Trading | ||
Minimum Deposit | ||
Mutual Fund Trading |
| |
Commission Free ETFs | Around 1,800 ETFs from about 100 other companies | 357 including 28 Fidelity factor, sector, stock, and bond ETFs and 329 iShares® ETFs |
Phone Support | ||
Live Chat Support | ||
Email Support | ||
Human Advisors | Optional coaching or investment management with human advisors (for added fees) | |
Robo Advisor | Optional Fidelity Go robo-advisory service | |
Assets Under Management | ||
Tax Loss Harvesting | ||
Goal Tracker | ||
Automatic Deposits | ||
Broker Assisted Trades | $32.95 per trade for representative-assisted trades. | |
Customer Service | ||
Good For | More experienced DIY investors; Mutual fund investors | |
Inactivity Fee | ||
Maintenance Fee | $20/year. Waived if account owner signs up for e-delivery service OR have at least $10,000 in Vanguard ETFs and mutual funds | |
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 | ||
Android App | ||
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 | ![]() | |
Desktop App | ||
Two-Factor Authentication | ||
Forex Trading | ||
Futures Trading | ||
Locations | ||
Online Community | ||
Seminars | Yes, frequent webinars and courses for beginners | |
Virtual Trading | ||
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
CreditDonkey® Reviews | ||
Stock Trading | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Options Trading | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Mutual Fund Trading | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Commissions and Fees | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Ease of Use | ![]() ![]() ![]() ![]() ![]() | |
Research | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Banking | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
| Pros:
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Bottom Line | Good choice for ETF and mutual fund investors interested in Vanguard-sponsored investments... | Comprehensive online broker with in-depth research... |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Vanguard: Pricing information from published websites as of 09/15/2019. Fidelity: Pricing information from published website as of 12/05/2020. |
Which is Better: Vanguard or Fidelity?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Vanguard or eToro.
In short: Fidelity's stock trading, mobile app, and research are notable. In particular, the research is excellent.