The StockBrokers.com annual broker review assesses more than a dozen different brokers over six months, surfacing the best online stock brokers
. This review compares Chase You Invest Trade vs Fidelity Investments. Is Chase You Invest Trade or Fidelity Investments a better online broker?
First, we will make a comparison of the stock and option trading fees for trading with both brokers. Fidelity Investments charges $4.95 per stock trade which is $2.00 more than Chase You Invest Trade which charges customers $2.95 per trade. With options, the base fees charged are $N/A (Chase You Invest Trade) and $4.95 (Fidelity Investments). Option contracts are pricier at Chase You Invest Trade, costing $N/A versus $0.65 at Fidelity Investments. Note that some brokers charge a per-share fee instead of a flat-fee commission. For a full breakdown of commissions, read our online broker reviews
For our next comparison of these two brokers, being able to trade the way you want is a must. Chase You Invest Trade offers clients Stock Trading and Mutual Funds while Fidelity Investments offers Stock Trading, Options Trading and Mutual Funds. When it comes to mutual funds, Fidelity Investments boasts an offering of 11782 mutual funds compared to Chase You Invest Trade's 2700 available funds. Commission free ETFs can also be a nice plus, with Fidelity Investments having the upper hand thanks to its 265 available commission free ETFs compared to Chase You Invest Trade's offering of N/A.
Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. Neither Chase You Invest Trade and Fidelity Investments offer virtual trading. For mobile trading, Chase You Invest Trade supports the iPhone App and Android App while Fidelity Investments supports the iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Checking Accounts, Savings Accounts, Debit Cards and Credit Cards are available to clients of Fidelity Investments while Chase You Invest Trade offers customers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans. On the whole, when it comes to tools, research, and mobile trading, Fidelity Investments posted awards Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading in 2018, while Chase You Invest Trade found itself with none of these.
Overall, Fidelity Investments takes the upper hand with 4.50 stars over Chase You Invest Trade's 3.00 stars.