Using data from our latest annual broker review which tested more than a dozen different online brokers over six months, we can compare Chase You Invest Trade vs Fidelity to determine which broker is best. Let's dive in.
First, we will break down the commission charges of both brokers for placing stock and options trades. Chase You Invest Trade charges more than Fidelity for placing regular stock trades ($2.95 and $0, respectively). For options trading, Chase You Invest Trade has a base fee of $2.95, and Fidelity a base fee of $0. Option contracts are pricier at Chase You Invest Trade, costing $0.75 versus $0.65 at Fidelity. Instead of flat rate fees, several brokers charge a per-share fee instead. For a complete review of trading charges, read our full online broker reviews.
Next, investors want to make sure they can trade the investment vehicle they want. Both Chase You Invest Trade and Fidelity support Stock Trading, Options Trading and Mutual Funds. As far as mutual funds go, Chase You Invest Trade trails Fidelity by 9,082 total mutual funds, with Fidelity offering 11782 and Chase You Invest Trade offering 2700.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. Neither broker offers virtual trading. For mobile trading, Chase You Invest Trade offers the iPhone App and Android App while Fidelity offers the iPhone App, iPad App and Android App. Online banking is also used by many customers, and multiple full-service brokerages provide these services. Checking Accounts, Savings Accounts, Debit Cards and Credit Cards are offered by Fidelity while Chase You Invest Trade offers 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