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Fidelity Investments vs E*TRADE Review

Review conducted by and last updated on 09/01/2016

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    Overall
    Commissions & Fees
    Offering of Investments
    Platform & Tools
    Research
    Customer Service
    Mobile Trading
    Ease of Use
    Education
    Order Execution
    Banking
    Flat-fee Trade Plan*
    Per-Share Trade Plan
    Mutual Fund Trade Fee*
    Options Trade Base
    Options Per Contract
    Options Exercise Fee
    Options Assignment Fee
    Broker Assisted Trades
    Minimum Deposit
    Stock Trading
    Options Trading
    Mutual Funds
    FOREX Trading
    Futures Trading
    Desktop Based Platform
    Web Based Platform
    Virtual Trading
    No Minimum Deposit
    No Inactivity Fees
    No-Fee IRAs
    Commission Free ETFs
    Mutual Funds (No Load)
    Mutual Funds (Total)
    # of Easy to Borrow Stocks
    Retail Locations
    iPhone App
    iPad App
    Android App
    Android Tablet App
    Mobile Site
    Checking Accounts
    Savings Accounts
    Credit Card Accounts
    Debit Card Accounts
    Mortgage Loans
    No Fee Banking
    Under $25k
    $25k - $49k
    $50k - $99k
    $100k - $249k
    $250k - $499k
    $500k - $999k
    Above $1,000,000
  • Fidelity Investments Fidelity Investments Read Full Review Open Account
    Exclusive: Get 300 commission-free trades and 2 years to use them - Learn More
     
     
     
     
     
     
     
     
     
     
     
     
     
    $7.95
    N/A
    $49.95
    $7.95
    $0.75
    $7.95
    $7.95
    $32.95
    $2,500.00
     
     
     
    85
    6213
    13468
    3396
    188
     
     
     
    8.08%
    7.58%
    7.08%
    6.58%
    6.58%
    3.75%
    3.75%
  • E*TRADE E*TRADE Read Full Review Open Account
    Trade Free for 60 Days & Get Up to $600. Join E*TRADE Today! - Learn More
     
     
     
     
     
     
     
     
     
     
     
     
     
    $9.99
    N/A
    $19.99
    $9.99
    $0.75
    $19.99
    $19.99
    $25.00
    $500.00
     
     
     
    118
    4428
    7493
    6000
    30
     
     
     
    8.44%
    7.94%
    7.44%
    6.14%
    5.14%
    4.14%
    3.89%
Using data from the StockBrokers.com 2014 broker review, we can compare ETRADE vs Fidelity Investments to determine which broker is better for you. Our database includes thousands of data points on everything from functionality to support. Let's take a closer look at ETRADE and Fidelity Investments.

First we will break down the commission charges of both brokers for placing stock and options trades. ETRADE charges $9.99 per stock trade which is $2.04 more than Fidelity Investments which charges clients $7.95 per trade. Looking at trading options, Fidelity Investments's base fee is $7.95 while ETRADE's is $9.99. Contracts at both of the brokerages are the same at $0.75 each. Note that flat rate trading is not available everywhere though, so it is important to read the complete commission notes for each broker to know the full breakdown (go to any stock broker review page, then click the "Commissions & Fees" tab).

Trading fees aside, having access to trade what you want is also an important consideration. Fidelity Investments provides its clients with Stock Trading, Options Trading and Mutual Funds while ETRADE gives clients access to Stock Trading, Options Trading, Mutual Funds, Forex Trading and Futures Trading. As far as mutual funds go, Fidelity Investments offers its clients access to 14391 different mutual funds while ETRADE has 7926 available funds, a difference of 6,465.00. And, commission free ETFs deserve a mention, with Fidelity Investments falling behind ETRADE, offering 76 commission free etfs compared to ETRADE's 92.

Finally, by looking at the most popular features and offerings of each broker, we can really see the differences between the two. ETRADE nor Fidelity Investments has virtual trading. For mobile trading, Both ETRADE and Fidelity Investments offer clients access to an iPhone App, iPad App and Android App. Online banking is also used by many clients, and multiple brokerages provide these services. Clients can have Checking Accounts and Debit Cards at ETRADE while clients at Fidelity Investments can have Checking Accounts, Savings Accounts, Debit Cards and Credit Cards. All things considered, when it comes to platform tools, research, and trading via smartphone, ETRADE was rated for Best in Class Research and Best in Class Mobile Trading in 2014, while Fidelity Investments was rated for Best in Class Platforms & Tools, Best in Class Research and Best in Class Mobile Trading.

Overall, both ETRADE and Fidelity Investments hold a 4.50 star rating.

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All pricing data was obtained from a published web site as of 2/16/2016 and is believed to be accurate, but is not guaranteed. The StockBrokers.com staff is constantly working with its online broker representatives to obtain the latest pricing data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page. For stock trade rates, advertised pricing is for a standard order size of 500 shares of stock priced at $30 per share. For options orders, an options regulatory fee per contract may apply.





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