Are you confused about whether to choose E*TRADE vs Fidelity as a broker for your investing needs?
In this side-by-side comparison, we analyse E*TRADE vs Fidelity to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.
Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!
E*TRADE vs Fidelity investments: In a Nutshell
US beginner and intermediate investors
E*TRADE is an online brokerage platform that provides a user-friendly and accessible way for beginners to start investing in the stock market.
The platform offers real-time streaming quotes, customizable charts, and research tools to help you analyze stocks and make informed decisions.
E*TRADE provides a wealth of educational materials, including articles, videos, webinars, and interactive courses, to help beginners learn about investing and develop their knowledge and skills.
Zero expense ratio index funds
Fidelity Investments is a prominent investment broker known for its comprehensive range of financial services.
The company offers multiple trading platforms, including Fidelity.com and Active Trader Pro, providing clients with a diverse set of tools and resources to manage their investments.
The company provides commission-free trades for stocks, ETFs, and options, making it an attractive option for cost-conscious investors.
Pros and Cons
E*TRADE
Pros
- 0% commission on US-listed stocks, ETFs, mutual funds, and options
- Wide range of investment products
- Automated investment portfolios
- Retirement accounts
- Good educational content
- Excellent customer support
Cons
- No international exchange trading (no European stocks, for example)
- Website can be dificult to navigate
- Fractional shares are not fully available
Fidelity investments
Pros
- 0% commission for online US stocks, ETFs and options
- Customersupport available 24/7
- Participate in new stocks at the IPO price
- Fractional shares
- Reliable investing tools
Cons
- No futures or commodities
- Designed mostly for US residents
- overall fees above industry average
E*TRADE vs Fidelity investments: Side-by-side Comparison
- General Information
- Founded in
- Demo Account
- Account Minimum
- Interest on unninvested cash (annually)
- Products
- Stocks
- ETFs
- Bonds
- Funds
- Options
- Futures
- CFDs
- Leverage Products
- Forex
- Cryptocurrencies
- Commodities
- Fees
- US stocks
- EU stocks
- ETFs
- Cryptocurrencies
- Custody Fee
- Inactivity Fee
- Withdrawal Fee
- Connectivity Fee
- Currency Conversion Fee
- Security
- Regulators
- Investor Compensation Scheme(per person, per institution)
Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.
