Menu

Fidelity Investments vs TD Ameritrade Review

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

+ Select Brokers
  • Compare brokers,
    read reviews,
    and open an
    account today:

    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%
  • TD Ameritrade TD Ameritrade Read Full Review Open Account
    Exclusive: Trade free for 90 days + get up to $600 - Learn More
     
     
     
     
     
     
     
     
     
     
     
     
     
    $9.99
    N/A
    $49.99
    $9.99
    $0.75
    $19.99
    $19.99
    $44.99
    $0.00
     
     
     
    101
    5560
    13443
    1500
    105
     
     
     
    8.75%
    8.50%
    7.50%
    7.25%
    7.00%
    7.00%
    6.25%
Using data from the StockBrokers.com 2014 broker review, we can compare Fidelity Investments vs TD Ameritrade 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 Fidelity Investments and TD Ameritrade.

First we will break down the commission charges of both brokers for placing stock and options trades. TD Ameritrade charges more than Fidelity Investments for placing regular stock trades ($9.99 and $7.95, respectively). For options trading, TD Ameritrade has a base fee of $9.99, and Fidelity Investments a base fee of $7.95. Contracts run $0.75 a piece at both brokerages. 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. TD Ameritrade provides its clients with Stock Trading, Options Trading, Mutual Funds, Forex Trading and Futures Trading while Fidelity Investments gives clients access to Stock Trading, Options Trading and Mutual Funds. As far as mutual funds go, Fidelity Investments offers its clients access to 14391 different mutual funds while TD Ameritrade has 13503 available funds, a difference of 888.00. And, commission free ETFs deserve a mention, with TD Ameritrade having the upper hand thanks to its 101 available ETFs compared to Fidelity Investments's offering of 76.

Finally, by looking at the most popular features and offerings of each broker, we can really see the differences between the two. TD Ameritrade makes virtual trading available to clients, while Fidelity Investments does not. For mobile trading, Fidelity Investments and TD Ameritrade both have a iPhone App, iPad App and Android App. Online banking is also used by many clients, and multiple brokerages provide these services. Checking Accounts and Debit Cards are offered by TD Ameritrade while Fidelity Investments offers Checking Accounts, Savings Accounts, Debit Cards and Credit Cards. All things considered, when it comes to platform tools, research, and trading via smartphone, Fidelity Investments along with TD Ameritrade both finished with awards for Best in Class Platforms & Tools, Best in Class Research and Best in Class Mobile Trading in 2014.

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

Related Links

Fidelity Investments vs. Scottrade
Fidelity Investments vs. TD Ameritrade
Fidelity Investments vs. E*TRADE
Fidelity Investments vs. Charles Schwab
Fidelity Investments vs. Merrill Edge
TD Ameritrade vs. Fidelity Investments
TD Ameritrade vs. E*TRADE
TD Ameritrade vs. Charles Schwab
TD Ameritrade vs. Scottrade
TD Ameritrade vs. Merrill Edge

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.



TD Ameritrade, Inc. and StockBrokers.com are separate, unaffiliated companies and are not responsible for each other’s services and products. Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading privileges subject to TD Ameritrade review and approval. Please read Characteristics and Risks of Standardized Options before investing in options. Offer valid for one new Individual, Joint or IRA TD Ameritrade account opened by 9/30/16 and funded within 30 days of account opening with $3,000 or more. To receive $100 bonus, account must be funded with $25,000 or more within 30 days of initial minimum funding. To receive $300 bonus, account must be funded with $100,000 or more within 30 days of initial minimum funding. To receive $600 bonus, account must be funded with $250,000 or more within 30 days of initial minimum funding. Please allow 3-5 business days for any cash deposits to post to account. Offer is not transferable and not valid with internal transfers, accounts using the Amerivest service, TD Ameritrade Institutional accounts, and current TD Ameritrade accounts or with other offers. Qualified commission-free Internet equity, ETF or options orders will be limited to a maximum of 250 and must execute within 90 days of account funding. Contract, exercise, and assignment fees still apply. Limit one offer per client. Account value of the qualifying account must remain equal to, or greater than, the value after the net deposit was made (minus any losses due to trading or market volatility or margin debit balances) for 12 months, or TD Ameritrade may charge the account for the cost of the offer at its sole discretion. TD Ameritrade reserves the right to restrict or revoke this offer at any time. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. Please allow 3-5 business days for any cash deposits to post to account. Taxes related to TD Ameritrade offers are your responsibility. Retail values totaling $600 or more during the calendar year will be included in your consolidated Form 1099. Please consult a legal or tax advisor for the most recent changes to the U.S. tax code and for rollover eligibility rules. (Offer Code 264) TD Ameritrade Inc., member FINRA/SIPC.. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2016 TD Ameritrade IP Company, Inc. All rights reserved. Used with permission. TD Ameritrade, Inc. (“TD Ameritrade”) has entered into a Marketing Partner Agreement with Reink Media Group, LLC (“Marketing Representative”) whereby TD Ameritrade compensates Marketing Representative for recommending TD Ameritrade as an executing broker. The existence of this Marketing Partner Agreement should not be deemed as an endorsement or recommendation of Marketing Representative by TD Ameritrade and/or any of its affiliated companies. Neither TD Ameritrade nor any of its affiliated companies is responsible for the privacy practices of Marketing Representative or this website. TD Ameritrade does not warrant the accuracy or content of the products or services offered by Marketing Representative or this website. Use of this website and its services and/or products is the decision of and at the discretion of the individual or entity choosing this service and/or product. TD Ameritrade makes no guarantees or warranties of any kind of the products or services offered by Marketing Representative or by or through this website and shall have no liability therefore.

StockBrokers.com Square Logo