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Fidelity vs E*TRADE 2019

Is E*TRADE better than Fidelity? Based on over 4,000 data points from our 2019 annual broker review, Fidelity (86.62%) is better than E*TRADE (83.68%).

fideltiy

Best for Investors
Fidelity Investments charges $0 per trade and received 4.5 stars in our 2019 Review, including being awarded Best in Class for 12 different categories. It is our top recommendation for discount trading. The broker also took home the #1 awards for Research and Order Execution. Finally, Fidelity's mobile app was rated Best Mobile App for Investors. Read full review.

E*TRADE

Best Web Platform - Open Account
Promo Offer: Get $100 when you deposit just $5,000 into a new E*TRADE account!

E*TRADE, with its $0 stock trades, finished fourth overall in 2019. E*TRADE was awarded 5 stars and #1 for Options Trading, thanks to its Power E*TRADE trading platform. The broker also won first place for Mobile Trading, and offers well-rounded access to quality research, trading tools, education, and more. Read full review.

Overall Rating

Feature Fidelity E*TRADE
Overall 4.5 4
Fidelity Review E*TRADE Review

Trading Fees

Feature Fidelity E*TRADE
Minimum Deposit $0.00 $0.00
Stock Trade Fee (per trade) $0.00 $0.00
ETF Trade Fee $0.00 $0.00
Options Base Fee $0.00 $0.00
Options Per Contract Fee $0.65 $0.65
Mutual Fund Trade Fee $49.95 $19.99
Broker Assisted Trades Fee $32.95 $25.00
Commissions & Fees 4.5 4.5
Winner check_circle

Margin Rates

Feature Fidelity E*TRADE
Open Account
Under $24,999.99 9.33% 10.00%
$25,000.00 to $49,999.99 8.83% 9.75%
$50,000.00 to $99,999.99 7.88% 9.25%
$100,000.00 to $249,999.99 7.83% 8.75%
$250,000.00 to $499,999.99 7.58% 8.25%
$500,000.00 to $999,999.99 5.25% 7.75%
Above $1,000,000.00 5.00% 6.75%
Commissions & Fees 4.5 4.5
Winner check_circle

Account Fees

Feature Fidelity E*TRADE
IRA Annual Fee $0.00 $0.00
IRA Closure Fee $0.00 $60.00
Returned ACH Fee $0.00 $0.00
Returned Wire Fee $0.00 $0.00
Stock Certificate Processing Fee $0.00 $0.00
Stock Certificate Delivery Fee $100.00 $75.00
Paper Statement Fee $0.00 $2.00
Paper Confirmation Fee $0.00 $0.00
Domestic Wire Fee $0.00 $25.00
International Wire Fee $0.00 $25.00
Commissions & Fees 4.5 4.5

Investment Options

Feature Fidelity E*TRADE
Stock Trading
Yes Yes
OTCBB / Pink Sheets
Yes Yes
Options Trading
Yes Yes
Complex Options Max Legs
4 4
Futures Trading
No Yes
Forex Trading
No No
Commission-Free ETFs all all
Mutual Funds (No Load)
3957 6663
Mutual Funds (Total)
11246 9291
Bonds (US Treasury)
Yes Yes
Bonds (Corporate)
Yes Yes
Bonds (Municipal)
Yes Yes
Advisor Services
Yes Yes
International Trading
Yes No
Offering of Investments 4.5 4.5
Winner check_circle

Order Types

Feature Fidelity E*TRADE
Order Type - Market
Yes Yes
Order Type - Limit
Yes Yes
Order Type - Stop
Yes Yes
Order Type - Trailing Stop
Yes Yes
Order Type - Contingent
Yes Yes
Order Type - MultiContingent
Yes No
Order Type - OCO
Yes Yes
Order Type - OTO
Yes Yes
Order Type - OTOCO
Yes Yes
Offering of Investments 4.5 4.5
Winner check_circle

Trading Platforms

Feature Fidelity E*TRADE
Desktop Platform (Windows)
Yes No
Desktop Platform (Mac)
Yes No
Web Platform
Yes Yes
Paper Trading
No Yes
Trade Journal
Yes No
Watch Lists - Total Fields
91 125
Heat Mapping
Yes No
Platforms & Tools 4.5 4.5
Winner check_circle

Charting Features

Feature Fidelity E*TRADE
Charting - Trade Off Chart
Yes Yes
Charting - Indicators / Studies
166 119
Charting - Drawing Tools
22 32
Charting - Historical Trades
Yes Yes
Charting - Corporate Events
Yes Yes
Charting - Automated Analysis
Yes Yes
Charting - Save Profiles
Yes Yes
Charting - Study Customizations
5 6
Charting - Custom Studies
No No
Platforms & Tools 4.5 4.5
Winner check_circle

Day Trading

Feature Fidelity E*TRADE
Stock Alerts - Basic Fields
Yes Yes
Stock Alerts - Advanced Fields
Yes No
Streaming Time & Sales
No Yes
Streaming TV
Yes Yes
Direct Market Routing - Stocks
Yes Yes
Direct Market Routing - Options
Yes Yes
Ladder Trading
No No
Trade Hot Keys
Yes Yes
Level 2 Quotes - Stocks
Yes Yes
Level 2 Quotes - Options
Yes Yes
Trade Ideas - Backtesting
No No
Short Locator
Yes No
Order Liquidity Rebates
No No
Winner check_circle

Mobile Trading Apps

Feature Fidelity E*TRADE
iPhone App
Yes Yes
Android App
Yes Yes
Apple Watch App
Yes Yes
Trading - Stocks
Yes Yes
Trading - After-Hours
Yes Yes
Trading - Conditional Orders
No Yes
Trading - Mutual Funds
Yes Yes
Trading - Simple Options
Yes Yes
Trading - Complex Options
Yes Yes
Trading - Option Rolling
No No
Touch / Face ID
Yes Yes
Winner check_circle

Mobile App Features

Feature Fidelity E*TRADE
Watch List Syncing
Yes Yes
Stock Alerts
Yes Yes
Charting - After Hours
Yes Yes
Charting - Drawing
No No
Charting - Study Customizations
Yes Yes
Heatmapping
Yes No
Stream Live TV
Yes Yes
Barcode Lookup
No Yes
Mobile Trading 4.5 5
Winner check_circle

Research Overview

Feature Fidelity E*TRADE
Research - Stocks
Yes Yes
Research - ETFs
Yes Yes
Research - Mutual Funds
Yes Yes
Research - Pink Sheets / OTCBB
Yes Yes
Research - Fixed Income
Yes Yes
Screener - Stocks
Yes Yes
Screener - ETFs
Yes Yes
Screener - Mutual Funds
Yes Yes
Screener - Options
Yes Yes
Screener - Bonds
Yes Yes
Misc - Portfolio Builder
Yes Yes
Misc - Portfolio Allocation
Yes Yes
Research 5 4.5
Winner check_circle

Stock Research

Feature Fidelity E*TRADE
Stock Research - Reports
14 5
Stock Research - Earnings
Yes Yes
Stock Research - Insiders
Yes Yes
Stock Research - Metric Comp
Yes No
Stock Research - SEC Filings
Yes Yes
Stock Research - Social
Yes Yes
Stock Research - Balance Sheet
Yes Yes
Stock Research - Cash Flows
Yes Yes
Stock Research - News
Yes Yes
Stock Research - ESG
Yes No
Research 5 4.5
Winner check_circle

ETF Research

Feature Fidelity E*TRADE
ETFs - Strategy Overview
Yes Yes
ETFs - Top 10 Holdings
Yes Yes
ETFs - Sector Exposure
Yes Yes
ETFs - Risk Analysis
Yes Yes
ETFs - Performance Analysis
Yes Yes
ETFs - Ratings
Yes Yes
ETFs - Morningstar StyleMap
Yes Yes
ETFs - Reports
Yes Yes
Research 5 4.5
Winner check_circle

Mutual Fund Research

Feature Fidelity E*TRADE
Mutual Funds - Strategy Overview
Yes Yes
Mutual Funds - Prospectus
Yes Yes
Mutual Funds - Reports
No Yes
Mutual Funds - Fees Breakdown
Yes Yes
Mutual Funds - Top 10 Holdings
Yes Yes
Mutual Funds - Asset Allocation
Yes Yes
Mutual Funds - Sector Allocation
Yes Yes
Mutual Funds - Country Allocation
Yes Yes
Mutual Funds - StyleMap
Yes Yes
Mutual Funds - 3rd Party Ratings
Yes Yes
Research 5 4.5
Winner check_circle

Options Trading

Feature Fidelity E*TRADE
Option Chains - Streaming
Yes Yes
Option Chains - Total Columns
26 30
Option Chains - Greeks
5 5
Option Chains - Quick Analysis
Yes Yes
Option Analysis - P&L Charts
Yes Yes
Option Probability Analysis
Yes Yes
Option Probability Analysis Adv
Yes Yes
Option Positions - Greeks
Yes Yes
Option Positions - Adv Analysis
Yes Yes
Option Positions - Rolling
Yes Yes
Option Positions - Grouping
Yes Yes
Platforms & Tools 4.5 4.5
Winner check_circle

Beginners

Feature Fidelity E*TRADE
Has Education - Stocks
Yes Yes
Has Education - ETFs
Yes Yes
Has Education - Options
Yes Yes
Has Education - Mutual Funds
Yes Yes
Has Education - Fixed Income
Yes Yes
Has Education - Retirement
Yes Yes
Paper Trading
No Yes
Videos
Yes Yes
Webinars (Monthly Avg)
8 12
Webinars (Archived)
Yes Yes
Live Seminars
Yes Yes
Progress Tracking
Yes No
Interactive Learning - Quizzes
Yes Yes
Investor Magazine
Yes No
Education 5 4.5
Winner check_circle

Banking

Feature Fidelity E*TRADE
Retail Locations
197 30
Member FDIC
No Yes
Checking Accounts
Yes Yes
Savings Accounts
Yes Yes
Credit Cards
Yes No
Debit Cards
Yes Yes
Mortgage Loans
No No
No Fee Banking
Yes No
Banking 4 4
Winner check_circle

Overall

Feature Fidelity E*TRADE
Fidelity Review E*TRADE Review
Overall 4.5 4
Winner check_circle

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 E*TRADE vs Fidelity. Is E*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. E*TRADE and Fidelity have equal fees for trading stocks (equities), $0 per trade. With options, the base fee is $0 for both E*TRADE and Fidelity. Option contracts cost $0.65 each at both brokerages. 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. Fidelity offers clients Stock Trading, Options Trading and Mutual Funds while E*TRADE offers Stock Trading, Options Trading, Mutual Funds and Futures Trading. When it comes to mutual funds, Fidelity offers its clients access to 11782 different mutual funds while E*TRADE has 9062 available funds, a difference of 2,720.

Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. E*TRADE has virtual trading, Fidelity doesn't. For mobile trading, E*TRADE along with Fidelity both support 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 offered by Fidelity while E*TRADE offers Checking Accounts, Savings Accounts and Debit Cards.

Overall, between E*TRADE and Fidelity, Fidelity is the winner.

E*TRADE Review
Fidelity Review



All pricing data was obtained from a published web site as of 02/18/2019 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.

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