The StockBrokers.com 2014 broker review
compares Fidelity Investments vs ShareBuilder. Compare Fidelity Investments and ShareBuilder trade commissions, fees and overall broker ratings by using the chart above. Is Fidelity Investments or ShareBuilder a better online broker?
Looking at both brokers, first we will take a look at the commission rates for both placing regular stock and options trades. Fidelity Investments charges $7.95 per stock trade which is $1.00 more than ShareBuilder which charges clients $6.95 per trade. For options trading, Fidelity Investments has a base fee of $7.95, and ShareBuilder a base fee of $6.95. Contracts cost $0.75 each at both brokerages. It should be noted that not every broker uses a flat rate stock trade fee structure, so it is important to read the full commission notes (head over to any stock broker review
page, then click the "Commissions & Fees" tab).
Alongside trade commissions, being able to trade the way you want is a must. Both Fidelity Investments and ShareBuilder support Stock Trading, Options Trading and Mutual Funds. When it comes to mutual funds, Fidelity Investments offers its clients access to 14391 different mutual funds while ShareBuilder has 1623 available funds, a difference of 12,768.00. Commission free ETFs can also be a nice plus, with Fidelity Investments having the upper hand thanks to its 76 available ETFs compared to ShareBuilder's offering of 0.
Last but not least, by breaking down important features that each broker offers, we can really help to separate the two brokers. Fidelity Investments nor ShareBuilder has virtual trading. For mobile trading, Both Fidelity Investments and ShareBuilder offer clients access to an iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Clients can have Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans at ShareBuilder while clients at Fidelity Investments can have Checking Accounts, Savings Accounts, Debit Cards and Credit Cards. On the whole, when it comes to tools, research, and trading on the go, Fidelity Investments finished with awards for Best in Class Platforms & Tools, Best in Class Research and Best in Class Mobile Trading in 2014, while ShareBuilder came up with none of these.
Overall, Fidelity Investments comes out on top with 4.50 stars over ShareBuilder's 4.00 stars.