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. Is Chase You Invest Trade or Fidelity a better online broker?
First, we will make a comparison of the stock and option trading fees for trading with both brokers. Chase You Invest Trade, with its regular stock trades costing $2.95, is more expensive than Fidelity's rate of $0 per trade. Looking at trading options, Fidelity's base fee is $0 while Chase You Invest Trade's is $2.95. Option contracts are pricier at Chase You Invest Trade, costing $0.75 versus $0.65 at Fidelity. 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 alongside Fidelity offer clients Stock Trading, Options Trading and Mutual Funds. When it comes to mutual funds, Fidelity offers its clients access to 11782 different mutual funds while Chase You Invest Trade has 2700 available funds, a difference of 9,082.
Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. Chase You Invest Trade nor Fidelity offers virtual trading. For mobile trading, Chase You Invest Trade offer clients access to an iPhone App and Android App while Fidelity has 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 and Credit Cards at Fidelity while customers at Chase You Invest Trade can have Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans.
Overall, between Chase You Invest Trade and Fidelity, Fidelity is the winner.
Chase You Invest Trade Review