Using data from the StockBrokers.com 2017 Broker Review which tested 16 different online brokers
over six months, we can compare Fidelity Investments 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. Fidelity Investments, with its regular stock trades costing $4.95, is more expensive than Just2Trade's rate of $2.50 per trade. For options trading, Fidelity Investments has a base fee of $4.95, and Just2Trade a base fee of $2.50. Each option contract then costs $0.65 at Fidelity Investments and $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 offers clients Stock Trading, Options Trading, Mutual Funds and Futures Trading while Fidelity Investments offers Stock Trading, Options Trading and Mutual Funds. As far as mutual funds go, Fidelity Investments boasts an offering of 13204 mutual funds compared to Just2Trade's 3000 available funds. And, commission free ETFs deserve a comparison, Fidelity Investments offers 91 commission free ETFs versus Just2Trade's total of 0.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. Fidelity Investments alongside Just2Trade offer virtual trading. For mobile trading, Just2Trade offer clients access to an iPhone App and Android App while Fidelity Investments 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 available to clients of Fidelity Investments while Just2Trade offers customers none of these. All factors considered, when it comes to platform tools, research, and mobile trading, Fidelity Investments was rated Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading in 2017, while Just2Trade was rated none of these.
Overall, Fidelity Investments comes out on top with 4.50 stars over Just2Trade's 2.50 stars.