Comparing brokers side by side is no easy task. For our annual broker review, we assess over a dozen brokers on hundreds of different variables to find the best online broker. Yielding a database of over 4,000 data points, let's compare Fidelity vs Just2Trade.
To start this comparison, first, we will take a look at the online broker commission rates for placing regular stock and options trades. Just2Trade, with its regular stock trades costing $2.50, is more expensive than Fidelity's rate of $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. It's important to note that not all brokers charge a flat fee per trade. Thus, it is important to read the full commission notes for each broker, which we include with each online broker review.
Next to commission rates, being able to trade what you want is important. Just2Trade provides its clients with Stock Trading, Options Trading, Mutual Funds and Futures Trading while Fidelity provides clients access to Stock Trading, Options Trading and Mutual Funds. Looking at mutual funds, Fidelity boasts an offering of 11782 mutual funds compared to Just2Trade's 3000 available funds.
Trading access aside, by comparing popular features and functionality, we can break down relevant differences between both brokers. Just2Trade makes virtual trading available to clients, while Fidelity does not. Taking a look at mobile trading, Just2Trade offers the iPhone App and Android App while Fidelity offers the iPhone App, iPad App and Android App. Not to be left out, online banking is also a nice benefit for many investors, and some brokerages provide these services to clients. Checking Accounts, Savings Accounts, Debit Cards and Credit Cards are available to clients of Fidelity while Just2Trade offers customers none of these.
Overall, between Fidelity and Just2Trade, Fidelity is the winner.