Fidelity vs E*TRADE Comparison
Comparing brokers side by side is no easy task. For our 2023 annual broker review, we spent hundreds of hours assessing 17 brokerages to find the best online broker. Let's compare Fidelity vs E*TRADE.
Is Fidelity or E*TRADE better for beginners?
Fidelity offers more comprehensive new investor education for beginner investors than E*TRADE. Fidelity offers investors access to Videos, Education (Stocks), Education (ETFs), Education (Options), Education (Mutual Funds), Education (Bonds) and Education (Retirement), while E*TRADE offers investors access to Paper Trading, Videos, Education (Stocks), Education (ETFs), Education (Options), Education (Mutual Funds), Education (Bonds) and Education (Retirement). See our guide to Best Paper Trading Platforms for more.
What about Fidelity vs E*TRADE pricing?
Fidelity and E*TRADE charge the same amount for regular stock trades, $0.00. Fidelity and E*TRADE both charge $0.65 per option contract. For a complete commissions summary, see our best brokers for free stock trading guide.
Does Fidelity or E*TRADE offer a wider range of investment options?
Fidelity offers investors access to Stock Trading, Fractional Shares, Options Trading, OTC Stocks, Mutual Funds and Advisor Services, while E*TRADE offers investors access to Stock Trading, Options Trading, OTC Stocks, Mutual Funds, Futures Trading and Advisor Services. Neither have Forex Trading. Looking at Mutual Funds, Fidelity trails E*TRADE in its offering of no transaction fee (NTF) mutual funds, with E*TRADE offering 4377 and Fidelity offering 3401.
Which trading platform is better: Fidelity or E*TRADE?
To compare the trading platforms of Fidelity and E*TRADE, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Fidelity offers a better experience. With research, E*TRADE offers superior market research. Finally, we found E*TRADE to provide better mobile trading apps.
Does either broker offer banking?
Online banking can be a benefit for investors, and some brokerages do provide banking services to customers. Debit Cards and Credit Cards are offered by Fidelity while E*TRADE offers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans.
Is Fidelity good?
Our top pick overall for 2023, Fidelity is a value-driven online broker offering $0 trades, industry-leading research, excellent trading tools and an easy-to-use mobile app.
Is E*TRADE good?
E*TRADE is a top-performing broker whose highlights include $0 trades, two excellent mobile apps and the Power E*TRADE platform. Crypto, however, is not available.
Fidelity vs E*TRADE Winner
Overall winner: Fidelity
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