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Fidelity Investments vs E*TRADE Review

Brandon Reinkensmeyer

Published by Brandon Reinkensmeyer


Friday, December 2nd, 2016

Using data from the StockBrokers.com Annual 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 2016, 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.
There are no results to display, please adjust your filters or reset the Compare Tool.
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
Exclusive Offer Get 300 commission-free trades and 2 years to use them - Learn More
Read the Fidelity Investments Review
 
 
 
 
 
 
 
 
 
 
 
 
 
$7.95
N/A
$49.95
$7.95
$0.75
$7.95
$7.95
$32.95
$2,500.00
 
Yes
Yes
Yes
No
No
 
Yes
Yes
Yes
No
Yes
Yes
 
91
4052
13204
3748
195
 
Yes
Yes
Yes
Yes
Yes
 
Yes
Yes
Yes
Yes
No
Yes
 
8.08%
7.58%
7.08%
6.58%
6.58%
3.75%
3.75%
E*TRADE
Special Offer Trade Free for 60 Days & Get Up to $600. Join E*TRADE Today! - Learn More
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Read the E*TRADE Review
 
 
 
 
 
 
 
 
 
 
 
 
 
$9.99
N/A
$19.99
$9.99
$0.75
$19.99
$19.99
$25.00
$500.00
 
Yes
Yes
Yes
Yes
Yes
 
Yes
Yes
No
No
Yes
Yes
 
118
4276
8652
6000
30
 
Yes
Yes
Yes
Yes
Yes
 
Yes
No
No
Yes
No
Yes
 
8.75%
8.50%
8.00%
7.50%
7.00%
6.50%
5.50%

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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