Using data from our latest annual broker review which tested more than a dozen different online brokers over six months, we can compare Fidelity vs Just2Trade 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. Just2Trade charges $2.50 per stock trade which is $2.50 more than Fidelity which charges customers $0 per trade. Looking at trading options, Fidelity's base fee is $0 while Just2Trade's is $2.50. Option contracts are pricier at Fidelity, costing $0.65 versus $0.50 at Just2Trade. 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. Just2Trade supports Stock Trading, Options Trading, Mutual Funds and Futures Trading while Fidelity supports Stock Trading, Options Trading and Mutual Funds. As far as mutual funds go, Fidelity offers its clients access to 11246 different mutual funds while Just2Trade has 3000 available funds, a difference of 8,246.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. Just2Trade offers virtual trading while Fidelity does not. For mobile trading, Just2Trade offer clients access to an iPhone App and Android App while Fidelity has an 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 Just2Trade offers none of these.
Overall, between Fidelity and Just2Trade, Fidelity is the winner.