Use the StockBrokers.com online brokerage comparison tool to compare over 150 different account features and fees across 14 online brokers: Ally Invest, Charles Schwab, Chase You Invest Trade, E*TRADE, Fidelity, Firstrade, Interactive Brokers, Lightspeed, Merrill Edge, Robinhood, SpeedTrader, TD Ameritrade, TradeStation, and Webull. Compare trading commissions, account fees, trading tools and platforms, market research functionality, mobile apps, beginner education, and current special offers. Please note: to best support your experience, providers are displayed based on your geo location.
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Online Brokerage Comparison Tool
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EXCLUSIVE OFFER
Get up to $375 and trade commission-free with TD Ameritrade.
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EXCLUSIVE OFFER
New clients that open an account today receive a special margin rate.
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PROMO OFFER
Trade Stocks, Options, Futures, & Crypto.
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SPECIAL OFFER
Get up to $600 when you invest in a new Merrill Edge Self-Directed account.
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Overall Rating
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
| Overall | ||||||
| Commissions & Fees | ||||||
| Offering of Investments | ||||||
| Platforms & Tools | ||||||
| Mobile Trading Apps | ||||||
| Research | ||||||
| Education | ||||||
| Ease of Use | ||||||
| Fidelity Review | TD Ameritrade Review | E*TRADE Review | Interactive Brokers Review | TradeStation Review | Merrill Edge Review | |
| Winner | check_circle |
Trading Fees
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
| Minimum Deposit | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Stock Trades | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| ETF Trade Fee | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Mutual Fund Trade Fee | $49.95 | $74.95 | $19.99 | $14.95 | $14.95 | $19.95 |
| Options (Base Fee) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Options (Per Contract) | $0.65 | $0.65 | $0.65 | $0.65 | $0.60 | $0.65 |
| Futures (Per Contract) | N/A | $2.25 | $1.50 | $0.85 | $1.50 | N/A |
| Broker Assisted Trade Fee | $32.95 | $25.00 | $25.00 | $30.00 | $0.00 | $29.95 |
Margin Rates
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
| Under $24,999.99 | 8.33% | 9.50% | 8.95% | 1.58% | 9.50% | 8.63% |
| $25,000.00 to $49,999.99 | 7.83% | 9.00% | 8.45% | 1.58% | 9.50% | 7.50% |
| $50,000.00 to $99,999.99 | 6.88% | 8.00% | 7.95% | 1.58% | 8.75% | 7.50% |
| $100,000.00 to $249,999.99 | 6.83% | 7.75% | 7.45% | 1.08% | 8.75% | N/A |
| $250,000.00 to $499,999.99 | 6.58% | 7.50% | 6.95% | 1.08% | 8.75% | N/A |
| $500,000.00 to $999,999.99 | 4.25% | N/A | 6.45% | 1.08% | 5.50% | N/A |
| Above $1,000,000.00 | 4.00% | N/A | 5.45% | 0.75% | 5.50% | N/A |
Account Fees
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
| IRA Annual Fee | $0.00 | $0.00 | $0.00 | $0.00 | $35.00 | $0.00 |
| IRA Closure Fee | $0.00 | $0.00 | $0.00 | $0.00 | $50.00 | $49.95 |
|
Account Transfer Out (Partial) |
$0.00 | $0.00 | $25.00 | $0.00 | $125.00 | $0.00 |
|
Account Transfer Out (Full) |
$0.00 | $75.00 | $75.00 | $0.00 | $125.00 | $49.95 |
Investment Options
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
|
Stock Trading |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Fractional Shares |
Yes | No | No | Yes | No | No |
|
OTCBB / Pink Sheets |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Options Trading |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Complex Options Max Legs |
4 | 4 | 4 | 6 | 4 | 4 |
|
Futures Trading |
No | Yes | Yes | Yes | Yes | No |
|
Forex Trading |
No | Yes | No | No | No | No |
|
Crypto Trading |
No | No | No | Yes | Yes | No |
|
Crypto Trading - Total Coins |
0 | 0 | 0 | 4 | 4 | 0 |
|
Mutual Funds (No Load) |
5768 | 4606 | 6486 | 10882 | 887 | 2952 |
|
Mutual Funds (Total) |
9615 | 8878 | 7242 | 11160 | 4357 | 3466 |
|
Bonds (US Treasury) |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Bonds (Corporate) |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Bonds (Municipal) |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Advisor Services |
Yes | Yes | Yes | No | No | Yes |
|
International Trading |
Yes | Yes | No | Yes | No | No |
Order Types
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
|
Order Type - Market |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Order Type - Limit |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Order Type - After-Hours |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Order Type - Stop |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Order Type - Trailing Stop |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Order Type - OCO |
Yes | Yes | Yes | Yes | Yes | No |
|
Order Type - OTO |
Yes | Yes | Yes | Yes | Yes | No |
|
Order Type - Broker Assisted |
Yes | Yes | Yes | Yes | Yes | Yes |
Beginners
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
|
Education (Stocks) |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Education (ETFs) |
Yes | Yes | Yes | Yes | No | Yes |
|
Education (Options) |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Education (Mutual Funds) |
Yes | Yes | Yes | No | No | Yes |
|
Education (Bonds) |
Yes | Yes | Yes | Yes | No | Yes |
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Education (Retirement) |
Yes | Yes | Yes | Yes | No | Yes |
|
Retirement Calculator |
Yes | Yes | Yes | No | No | Yes |
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Investor Dictionary |
Yes | Yes | Yes | Yes | No | Yes |
|
Paper Trading |
No | Yes | Yes | Yes | Yes | No |
|
Videos |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Webinars (Monthly Avg) |
115 | 500 | 30 | 20 | 10 | 1 |
|
Webinars (Archived) |
Yes | Yes | Yes | Yes | No | Yes |
|
Progress Tracking |
Yes | Yes | No | Yes | No | No |
|
Interactive Learning - Quizzes |
Yes | Yes | Yes | Yes | No | Yes |
Stock Trading Apps
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
|
iPhone App |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Android App |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Apple Watch App |
Yes | Yes | Yes | Yes | No | Yes |
|
Trading - Stocks |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Trading - After-Hours |
Yes | Yes | Yes | Yes | Yes | Yes |
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Trading - Simple Options |
Yes | Yes | Yes | Yes | Yes | Yes |
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Trading - Complex Options |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Order Ticket RT Quotes |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Order Ticket SRT Quotes |
Yes | Yes | Yes | Yes | Yes | No |
Stock App Features
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
|
Market Movers (Top Gainers) |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Stream Live TV |
Yes | Yes | Yes | Yes | No | No |
|
Videos on Demand |
Yes | Yes | No | Yes | No | No |
|
Stock Alerts |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Option Chains Viewable |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Watch List (Real-time) |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Watch List (Streaming) |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Watch Lists - Create & Manage |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Watch Lists - Column Customization |
Yes | Yes | Yes | Yes | Yes | No |
|
Watch List - Column Filtering |
Yes | Yes | Yes | Yes | Yes | Yes |
Stock App Charting
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
|
Charting - After-Hours |
Yes | Yes | Yes | Yes | Yes | No |
|
Charting - Can Turn Horizontally |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Charting - Multiple Time Frames |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Charting - Technical Studies |
7 | 406 | 10 | 70 | 45 | 34 |
|
Charting - Study Customizations |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Charting - Stock Comparisons |
Yes | Yes | Yes | No | No | Yes |
Trading Platforms
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
|
Desktop Trading Platform |
Yes | Yes | No | Yes | Yes | Yes |
|
Web Trading Platform |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Paper Trading |
No | Yes | Yes | Yes | Yes | No |
|
Trade Journal |
Yes | Yes | No | Yes | No | No |
|
Watch Lists - Total Fields |
91 | 514 | 95 | 669 | 335 | 285 |
Stock Chart Features
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
|
Charting - Adjust Trades on Chart |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Charting - Indicators / Studies |
129 | 489 | 119 | 121 | 290 | 104 |
|
Charting - Drawing Tools |
22 | 23 | 31 | 9 | 23 | 22 |
|
Charting - Notes |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Charting - Index Overlays |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Charting - Historical Trades |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Charting - Corporate Events |
Yes | Yes | Yes | Yes | No | Yes |
|
Charting - Custom Date Range |
Yes | Yes | Yes | No | Yes | Yes |
|
Charting - Custom Time Bars |
Yes | Yes | No | Yes | Yes | Yes |
|
Charting - Automated Analysis |
Yes | Yes | Yes | Yes | No | Yes |
|
Charting - Save Profiles |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Trade Ideas - Technical Analysis |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Charting - Study Customizations |
5 | 9 | 6 | 6 | 12 | 8 |
|
Charting - Custom Studies |
No | Yes | No | No | Yes | No |
Day Trading
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
|
Streaming Time & Sales |
No | Yes | Yes | Yes | Yes | Yes |
|
Streaming TV |
Yes | Yes | Yes | Yes | No | No |
|
Direct Market Routing - Stocks |
Yes | Yes | Yes | Yes | Yes | No |
|
Ladder Trading |
No | Yes | No | Yes | Yes | No |
|
Trade Hot Keys |
Yes | Yes | Yes | Yes | Yes | No |
|
Level 2 Quotes - Stocks |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Trade Ideas - Backtesting |
Yes | Yes | No | Yes | Yes | Yes |
|
Trade Ideas - Backtesting Adv |
No | Yes | No | Yes | Yes | No |
|
Short Locator |
Yes | No | No | Yes | Yes | No |
|
Order Liquidity Rebates |
No | No | No | Yes | Yes | No |
Research Overview
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
|
Research - Stocks |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Research - ETFs |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Research - Mutual Funds |
Yes | Yes | Yes | Yes | No | Yes |
|
Research - Pink Sheets / OTCBB |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Research - Bonds |
Yes | Yes | Yes | Yes | No | Yes |
|
Screener - Stocks |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Screener - ETFs |
Yes | Yes | Yes | Yes | No | Yes |
|
Screener - Mutual Funds |
Yes | Yes | Yes | Yes | No | Yes |
|
Screener - Options |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Screener - Bonds |
Yes | Yes | Yes | Yes | No | Yes |
|
Misc - Portfolio Allocation |
Yes | Yes | Yes | Yes | No | Yes |
Stock Research
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
|
Stock Research - PDF Reports |
11 | 7 | 6 | 5 | 0 | 3 |
|
Stock Research - Earnings |
Yes | Yes | Yes | Yes | No | Yes |
|
Stock Research - Insiders |
Yes | Yes | Yes | Yes | No | Yes |
|
Stock Research - SEC Filings |
Yes | Yes | Yes | Yes | No | Yes |
|
Stock Research - Social |
Yes | Yes | Yes | Yes | No | No |
|
Stock Research - Balance Sheet |
Yes | Yes | Yes | Yes | No | Yes |
|
Stock Research - Cash Flows |
Yes | Yes | Yes | Yes | No | Yes |
|
Stock Research - News |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Stock Research - ESG |
Yes | No | No | Yes | No | Yes |
ETF Research
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
|
ETFs - Strategy Overview |
Yes | Yes | Yes | Yes | No | Yes |
|
ETF Fund Facts - Inception Date |
Yes | Yes | Yes | Yes | No | Yes |
|
ETF Fund Facts - Expense Ratio |
Yes | Yes | Yes | Yes | No | Yes |
|
ETF Fund Facts - Net Assets |
Yes | Yes | Yes | Yes | No | Yes |
|
ETF Fund Facts - Total Holdings |
Yes | No | Yes | Yes | No | Yes |
|
ETFs - Top 10 Holdings |
Yes | Yes | Yes | Yes | No | Yes |
|
ETFs - Performance Analysis |
Yes | Yes | Yes | Yes | No | Yes |
|
ETFs - Sector Exposure |
Yes | Yes | Yes | Yes | No | Yes |
|
ETFs - Risk Analysis |
Yes | Yes | Yes | Yes | No | Yes |
|
ETFs - Ratings |
Yes | Yes | Yes | Yes | No | Yes |
|
ETFs - Morningstar StyleMap |
Yes | Yes | Yes | Yes | No | Yes |
|
ETFs - PDF Reports |
Yes | Yes | Yes | Yes | No | Yes |
Mutual Fund Research
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
|
Mutual Funds - Strategy Overview |
Yes | Yes | Yes | Yes | No | Yes |
|
Mutual Funds - Performance Chart |
Yes | Yes | No | No | No | Yes |
|
Mutual Funds - Performance Analysis |
Yes | Yes | Yes | Yes | No | Yes |
|
Mutual Funds - Prospectus |
Yes | Yes | Yes | Yes | No | Yes |
|
Mutual Funds - PDF Reports |
No | Yes | Yes | Yes | No | Yes |
|
Mutual Funds - Fees Breakdown |
Yes | Yes | Yes | Yes | No | Yes |
|
Mutual Funds - Top 10 Holdings |
Yes | Yes | Yes | Yes | No | Yes |
|
Mutual Funds - Asset Allocation |
Yes | Yes | Yes | Yes | No | Yes |
|
Mutual Funds - Sector Allocation |
Yes | Yes | Yes | Yes | No | Yes |
|
Mutual Funds - Country Allocation |
Yes | No | Yes | Yes | No | Yes |
|
Mutual Funds - StyleMap |
Yes | Yes | Yes | Yes | No | Yes |
|
Mutual Funds - 3rd Party Ratings |
Yes | Yes | Yes | Yes | No | Yes |
Options Trading
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
|
Option Chains - Basic View |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Option Chains - Strategy View |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Option Chains - Streaming |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Option Chains - Total Columns |
26 | 35 | 31 | 37 | 32 | 68 |
|
Option Chains - Greeks |
5 | 5 | 5 | 4 | 5 | 5 |
|
Option Positions - Greeks Streaming |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Option Chains - Quick Analysis |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Option Analysis - P&L Charts |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Option Probability Analysis |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Option Probability Analysis Adv |
Yes | Yes | Yes | Yes | Yes | No |
|
Option Positions - Greeks |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Option Positions - Adv Analysis |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Option Positions - Rolling |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Option Positions - Grouping |
Yes | Yes | Yes | Yes | Yes | Yes |
Banking
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
|
Bank (Member FDIC) |
No | No | Yes | Yes | No | Yes |
|
Checking Accounts |
Yes | Yes | Yes | Yes | No | Yes |
|
Savings Accounts |
Yes | No | Yes | No | No | Yes |
|
Credit Cards |
Yes | Yes | Yes | No | No | Yes |
|
Debit Cards |
Yes | Yes | Yes | Yes | No | Yes |
|
Mortgage Loans |
No | No | Yes | No | No | Yes |
Customer Service
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
|
Phone Support (Prospect Customers) |
Yes | Yes | Yes | Yes | No | Yes |
|
Phone Support (Current Customers) |
Yes | Yes | Yes | Yes | No | Yes |
|
Email Support |
Yes | Yes | Yes | Yes | Yes | Yes |
|
Live Chat (Prospect Customers) |
Yes | Yes | Yes | No | No | Yes |
|
Live Chat (Current Customers) |
Yes | Yes | Yes | Yes | Yes | Yes |
|
24/7 Support |
Yes | Yes | Yes | No | No | Yes |
Overall
| Feature | Fidelity | TD Ameritrade | E*TRADE | Interactive Brokers | TradeStation | Merrill Edge |
| Overall | ||||||
| Commissions & Fees | ||||||
| Offering of Investments | ||||||
| Platforms & Tools | ||||||
| Mobile Trading Apps | ||||||
| Research | ||||||
| Education | ||||||
| Ease of Use | ||||||
| Fidelity Review | TD Ameritrade Review | E*TRADE Review | Interactive Brokers Review | TradeStation Review | Merrill Edge Review | |
| Winner | check_circle |
All pricing data was obtained from a published web site as of 01/10/2022 and is believed to be accurate, but is not guaranteed. 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.
1 Fidelity Sell orders are subject to an activity assessment fee from $0.01 to $0.03 per $1,000 of principal. Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request.
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