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Fidelity vs Robinhood 2025

StockBrokers.com

Written by StockBrokers.com

July 03, 2025

In this head to head comparison of Fidelity vs Robinhood, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Fidelity
5/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.65
Robinhood
4/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.00

Range of investments

When comparing Fidelity and Robinhood, it's clear that Fidelity offers a wider range of investment options, making it a strong choice for investors seeking diverse opportunities. Fidelity excels in providing comprehensive investment choices, including stock trading, mutual funds, and access to advisor services, which Robinhood lacks. On the other hand, Robinhood's user-friendly platform and extensive selection of cryptocurrencies might appeal to new, tech-savvy investors interested in digital assets. Ultimately, Fidelity receives a higher rating for its range of investments, reflecting its more extensive offerings and versatility in comparison to Robinhood.

Both Fidelity and Robinhood offer stock and options trading, as well as the ability to trade on margin and purchase fractional shares—appealing features for traders at any level. However, a significant difference emerges with mutual funds and over-the-counter (OTC) stocks: Fidelity provides access to these options, while Robinhood does not, potentially limiting investors seeking broader market participation. Furthermore, Fidelity includes advisory services, adding an extra layer of support and guidance not available with Robinhood, which may be beneficial for investors looking for a more hands-on, guided approach.

In terms of cryptocurrency trading, Robinhood holds an advantage with access to 22 different coins compared to Fidelity's offering of just three. Despite this, Fidelity's overall investment range is rated higher, with a five-star rating compared to Robinhood's 3.5 stars, and ranks third among 14 brokers according to StockBrokers.com, with Robinhood in the twelfth position. This highlights Fidelity as a robust option for traditional investors seeking a comprehensive investment experience, whereas Robinhood might serve those with a specific interest in digital currencies and a streamlined trading platform.

Feature Fidelity logoFidelity
Robinhood logoRobinhood
Stock Trading info Yes Yes
Account Feature - Margin Trading info Yes Yes
Fractional Shares (Stocks) info Yes Yes
OTC Stocks info Yes No
Mutual Funds info Yes No
Options Trading info Yes Yes
Futures Trading info No No
Crypto Trading info Yes Yes info
Crypto Trading - Total Coins info 3 22
Range of Investments 5/5 Stars 3.5/5 Stars

Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025: A Beginner-Friendly Guide to an Advanced Market

Trading platforms and tools

When comparing the trading platforms and tools of Fidelity and Robinhood, Fidelity clearly stands out for investors seeking a comprehensive package. Fidelity offers both Windows and Mac desktop downloadable trading platforms, while Robinhood does not offer a desktop application for either operating system, relying solely on its browser-based platform. Fidelity also provides a far more detailed and customizable watch list with 92 fields compared to Robinhood's limited three. Those interested in technical analysis will find Fidelity's offerings far superior, with 129 technical indicators and 38 drawing tools, as opposed to Robinhood's 16 indicators and 23 tools. Users also benefit from Fidelity's advanced charting features, such as displaying historical trades and corporate events, where Robinhood falls short.

Both platforms provide a browser-based option, but Fidelity's includes a trading journal and advanced customization features like adjusting open orders directly on the chart and a range of five fields for editing simple moving average studies. Robinhood offers a simpler online experience, with only one customization field for SMA studies, and lacks advanced features like automated technical analysis or displaying corporate events on charts. Neither platform supports paper trading or the creation of custom studies, making this a neutral ground for comparison.

Fidelity's extensive range of features leads to a superior user experience, reflected in its 4.5-star rating for trading platforms and tools, compared to Robinhood's 3.5-star rating. Fidelity ranks 4th out of 14 brokers in this category according to StockBrokers.com, whereas Robinhood sits at 9th place, highlighting the overall richer offering Fidelity brings to an investor’s toolkit.

Feature Fidelity logoFidelity
Robinhood logoRobinhood
Web Trading Platform info Yes Yes
Desktop Trading Platform info Yes No
Desktop Platform (Mac) info Yes No
Paper Trading info No No
Watch Lists - Total Fields info 92 3
Charting - Indicators / Studies info 129 16
Charting - Drawing Tools info 38 23
Platforms & Tools 4.5/5 Stars 3.5/5 Stars

Dive deeper: Best Online Brokers & Trading Platforms for 2025, Best Paper Trading Apps & Platforms for 2025

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Beginners and education

When it comes to educating new investors, both Fidelity and Robinhood offer a range of resources, yet they differ in the depth of their educational content. Fidelity excels in providing comprehensive educational materials across a variety of investment options, including stocks, ETFs, options, mutual funds, and bonds. Additionally, Fidelity enhances the learning experience with educational videos, webinars, and quizzes, even allowing users to track their progress as they learn. This extensive support earns Fidelity a 5-star rating for education and a #2 ranking by StockBrokers.com among 14 brokers.

On the other hand, Robinhood also provides education on stocks, ETFs, and options, but it lacks materials on mutual funds and bonds, which are important for diversifying a portfolio. While Robinhood includes webinars as a learning tool, it does not offer educational videos or quizzes, nor does it give users the ability to track their learning journey. These factors contribute to Robinhood's 4-star rating in education and a #8 ranking according to StockBrokers.com. Despite these differences, both platforms refrain from offering paper trading, meaning beginners must seek practice opportunities elsewhere before committing real funds. Overall, both brokers cater to new investors, but Fidelity offers a broader and more interactive educational experience.

Feature Fidelity logoFidelity
Robinhood logoRobinhood
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes No
Education (Fixed Income) info Yes No
Paper Trading info No No
Videos info Yes No
Webinars info Yes Yes
Education 5/5 Stars 4/5 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2025

Stock trading apps

When choosing between Fidelity and Robinhood for stock trading apps, Fidelity stands out as the more comprehensive option, earning a 5-star rating and ranking third among 14 brokers according to StockBrokers.com. Meanwhile, Robinhood, with a 4.5-star rating, ranks seventh. Fidelity offers a richer set of features, making it an attractive choice for users who want extensive tools at their fingertips, while Robinhood appeals to those who favor simplicity and ease of use. Both platforms offer iPhone and Android apps, as well as Apple Watch support, allowing traders to stay connected on the go.

For traders keen on accessing after-hours trading and options trading through mobile, both Fidelity and Robinhood provide reliable opportunities to engage with the stock market at flexible times. They also offer the ability to receive stock alerts, create custom watch lists, and customize their watch list columns. However, Fidelity edges ahead with advanced functionalities such as streaming live TV and videos on demand, while Robinhood does not incorporate these features. Fidelity also allows users to view charts in landscape mode and offers after-hours charting, whereas Robinhood users cannot rotate charts for a wider view.

Charting capabilities further differentiate the two, with Fidelity providing an impressive 119 technical studies compared to Robinhood’s six, giving users a significantly more detailed insight into market trends. Fidelity’s app supports stock comparisons directly on charts, unlike Robinhood. Both platforms enable the viewing of multiple time frames for mobile charting, showing that basic functions are met by both brokers. Ultimately, traders seeking an extensive array of charting tools and educational content will likely prefer Fidelity, while those prioritizing straightforward features may still find Robinhood suitable for their needs.

Feature Fidelity logoFidelity
Robinhood logoRobinhood
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes Yes
Stock Alerts info Yes Yes
Charting - After-Hours info Yes Yes
Charting - Technical Studies info 119 6
Mobile Trading Apps 5/5 Stars 4.5/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

When it comes to choosing between Fidelity and Robinhood for online brokerage services, both platforms offer some appealing features and have unique advantages. For individuals primarily focused on minimal fees, Robinhood may be the more attractive option due to its $0 charge on options contracts and $0.00 fees for regular stock trades, which is the same as Fidelity. However, Fidelity offers a broader range of services, and while it does charge $0.65 per options contract, the comprehensive tools and resources might justify the cost for some investors. Additionally, Fidelity has a clear edge with no fees for account transfers, while Robinhood imposes a $100 charge for both partial and full transfers.

Both Fidelity and Robinhood provide a welcoming start for investors since neither requires a minimum deposit to open an account. When it comes to fees associated with margin trading, however, Robinhood presents a more compelling offer with its lower interest rates. For margin balances below $25,000, Robinhood charges a modest 5.75%, significantly less than Fidelity's 13.075%. These trends continue with higher margin tiers, making Robinhood considerably more affordable in this area.

Investors considering IRAs will find similar policies from Fidelity and Robinhood, as both platforms waive fees for IRA annual maintenance and closures. While both provide commission-free regular stock trading, Fidelity steps up with additional features such as no charges for options exercise and assignment fees, aligning with Robinhood. Overall, your choice depends on whether you prioritize lower costs in options trading and margin interest or if you value the comprehensive support and tools that may come with higher fees at Fidelity.

Feature Fidelity logoFidelity
Robinhood logoRobinhood
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Options (Per Contract) info $0.65 $0.00
Options Exercise Fee info $0.00 $0.00
Options Assignment Fee info $0.00 $0.00
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $0.00

Dive deeper: Best Free Trading Platforms for 2025

Day Trading

Fidelity and Robinhood are two popular online brokers, but they cater to different needs, especially when it comes to day trading. Fidelity offers a range of tools that attract day traders, such as streaming time and sales for stocks, streaming live TV for market news, and direct market routing. Traders can also benefit from Fidelity's trading hotkeys for faster transactions and access to level 2 quotes, providing deeper insights into market depth. Moreover, Fidelity offers basic strategy backtesting for those interested in testing their trading ideas. Additionally, the short locator tool helps customers find available shares for shorting. While ladder trading is not available on Fidelity, the platform compensates with a robust suite of features, making it a solid choice for more serious traders.

On the other hand, Robinhood appeals to newcomers and those looking for simplicity, although it lacks many advanced tools. It does not offer streaming time and sales, live TV, or direct market routing, which could be a limitation for active traders wanting comprehensive tools for rapid decision-making. Robinhood distinguishes itself with ladder trading, a feature not present in Fidelity. However, it falls short in offering trading hotkeys or level 2 quotes, which might be crucial for an in-depth trading experience. While neither platform provides advanced strategy backtesting or order liquidity rebates, Robinhood's streamlined approach is better suited for those who prefer a straightforward investing experience without the need for extensive trading tools.

Feature Fidelity logoFidelity
Robinhood logoRobinhood
Streaming Time & Sales info Yes No
Streaming TV info Yes No
Direct Market Routing - Equities info Yes No
Level 2 Quotes - Stocks info Yes No info
Trade Ideas - Backtesting info Yes No
Trade Ideas - Backtesting Adv info No No
Short Locator info Yes No

Dive deeper: Best Day Trading Platforms for 2025

Market Research

Fidelity emerges as a clear leader in market research capabilities when compared to Robinhood. Offering extensive resources for researching stocks, ETFs, mutual funds, and bonds, Fidelity provides a comprehensive suite of tools tailored for retail investors seeking thorough market insights. On the other hand, while Robinhood does offer basic research options for stocks and ETFs, it lacks depth in some areas such as mutual funds and bonds, and it does not provide advanced features like social media sentiment analysis or ESG research. The ratings underscore these differences, with Fidelity earning a five-star rating for market research against Robinhood's two-star performance, and Fidelity securing the third place in a ranking by StockBrokers.com, compared to Robinhood's tenth place.

Fidelity offers investors downloadable PDF research reports on stocks and ETFs, providing crucial data points and analyses expertly tailored to support informed decision-making. In contrast, Robinhood does not offer downloadable reports, limiting its users to more basic data views. Furthermore, Fidelity gives users a comprehensive view of their portfolio allocation by asset class and provides access to stock research leveraging social media sentiment data. Such advanced features reinforce Fidelity’s advantage in guiding investors looking for detailed and strategic market research.

In terms of research tools for generating trade ideas, Fidelity again surpasses Robinhood by offering comprehensive screeners across stocks, ETFs, mutual funds, and bonds. Robinhood, however, only provides stock and ETF screeners. While both platforms are noted for their user-friendly interfaces, Fidelity's expansive research tools and depth of analysis make it an appealing choice for those serious about in-depth market research and long-term investment planning. Overall, Fidelity's offering is more suited for investors who want enhanced analytical capabilities, while Robinhood may cater to beginners interested in straightforward and basic stock and ETF research.

Feature Fidelity logoFidelity
Robinhood logoRobinhood
Research - Stocks info Yes Yes
Screener - Stocks info Yes Yes
Research - ETFs info Yes Yes
Screener - ETFs info Yes No
Research - Mutual Funds info Yes No
Screener - Mutual Funds info Yes No
Research - Fixed Income info Yes No
Screener - Fixed Income info Yes No
Research 5/5 Stars 2/5 Stars

Banking

When comparing the banking features of Fidelity and Robinhood, both platforms come with certain similarities and differences. Neither Fidelity nor Robinhood offers checking or savings accounts, making them different from traditional banks. However, both provide debit and credit cards, giving users flexibility in their spending. When it comes to more specialized banking services, Fidelity offers mortgage loans, while Robinhood does not, potentially making Fidelity a more suitable choice for homebuyers. Additionally, Fidelity offers Certificates of Deposit (CDs) whereas Robinhood does not, which might appeal to those looking to grow their savings over time. This set of services highlights Fidelity's broader range of banking options compared to Robinhood, which focuses more on investing.

Feature Fidelity logoFidelity
Robinhood logoRobinhood
Checking Accounts info No No
Savings Accounts info No No
Debit Cards info Yes Yes
Credit Cards info Yes Yes
Mortgage Loans info Yes No
Brokerage CDs info Yes No

Dive deeper: Best Brokerage Checking Accounts for 2025

Winner

After opening live accounts and testing 14 of the best online brokers, our research and live account testing finds that Fidelity is better than Robinhood. Fidelity finished with an overall score of 96.2%, while Robinhood finished with a score of 77.3%.

Fidelity is a value-driven online broker offering $0 trades, industry-leading research, excellent trading tools and an easy-to-use mobile app.

FAQs

Can you trade cryptocurrency with Fidelity or Robinhood?

Fidelity and Robinhood both offer crypto trading, with Robinhood providing a wider selection by offering 22 coins compared to Fidelity's 3.

Dive deeper: Best Online Brokers for Crypto Trading in 2025

Does Fidelity or Robinhood offer IRAs?

Both Fidelity and Robinhood offer traditional and Roth IRA accounts with no annual or closure fees, making them cost-effective options for retirement investment management.

Dive deeper: Best IRA Accounts for 2025

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Compare

0 of 5
Overall Rating Fidelity Robinhood
Overall 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 3.5/5 Stars
Mobile Trading Apps 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 2/5 Stars
Customer Service 4.5/5 Stars N/A
Education 5/5 Stars 4/5 Stars
Ease of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review Fidelity Review Robinhood Review
Broker Screenshots Fidelity Robinhood
Broker Gallery (click to expand)
Trading Fees Fidelity Robinhood
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Penny Stock Fees (OTC) info $0.00 N/A
Mutual Fund Trade Fee info Varies info N/A
Options (Per Contract) info $0.65 $0.00
Futures (Per Contract) info (Not offered) (Not offered)
Broker Assisted Trade Fee info $32.95 N/A
Margin Rates Fidelity Robinhood
Margin Rate Under $25,000 info 13.075% 5.75%
Margin Rate $25,000 to $49,999.99 info 12.575% 5.75%
Margin Rate $50,000 to $99,999.99 info 12.125% 5.55%
Margin Rate $100,000 to $249,999.99 info 11.575% 5.25%
Margin Rate $250,000 to $499,999.99 info 11.325% 5.25%
Margin Rate $500,000 to $999,999.99 info 9.00% 5.25%
Margin Rate Above $1,000,000 info 8.75% 5% info
Account Fees Fidelity Robinhood
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $0.00
Account Transfer Out (Partial) info $0.00 $100.00
Account Transfer Out (Full) info $0.00 $100.00
Options Exercise Fee info $0.00 $0.00
Options Assignment Fee info $0.00 $0.00
Investment Options Fidelity Robinhood
Stock Trading info Yes Yes
Account Feature - Margin Trading info Yes Yes
Fractional Shares (Stocks) info Yes Yes
OTC Stocks info Yes No
Options Trading info Yes Yes
Complex Options Max Legs info 4 4
Futures Trading info No No
Forex Trading info No No
Crypto Trading info Yes Yes info
Crypto Trading - Total Coins info 3 22
Fixed Income (Treasurys) info Yes No
Fixed Income (Corporate Bonds) info Yes No
Fixed Income (Municipal Bonds) info Yes No
Traditional IRAs info Yes Yes
Roth IRAs info Yes Yes
Advisor Services info Yes No
International Countries (Stocks) info 25 0
Order Types Fidelity Robinhood
Order Type - Market info Yes Yes
Order Type - Limit info Yes Yes
Order Type - After Hours info Yes Yes
Order Type - Stop info Yes Yes
Order Type - Trailing Stop info Yes Yes
Order Type - OCO info Yes No
Order Type - OTO info Yes No
Order Type - Broker Assisted info Yes No
Beginners Fidelity Robinhood
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes No
Education (Fixed Income) info Yes No
Education (Retirement) info Yes No
Retirement Calculator info Yes No
Investor Dictionary info Yes Yes
Paper Trading info No No
Videos info Yes No
Webinars info Yes Yes
Progress Tracking info Yes No
Interactive Learning - Quizzes info Yes No
Stock Trading Apps Fidelity Robinhood
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes Yes
Trading - Stocks info Yes Yes
Trading - After-Hours info Yes Yes
Trading - Simple Options info Yes Yes
Trading - Complex Options info Yes Yes
Order Ticket RT Quotes info Yes Yes
Order Ticket SRT Quotes info Yes Yes
Stock App Features Fidelity Robinhood
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info Yes No
Videos on Demand info Yes No
Stock Alerts info Yes Yes
Option Chains Viewable info Yes Yes
Watch List (Real-time) info Yes Yes
Watch List (Streaming) info Yes Yes
Watch Lists - Create & Manage info Yes Yes
Watch Lists - Column Customization info Yes Yes
Stock App Charting Fidelity Robinhood
Charting - After-Hours info Yes Yes
Charting - Can Turn Horizontally info Yes No
Charting - Multiple Time Frames info Yes Yes
Charting - Technical Studies info 119 6
Charting - Study Customizations info Yes Yes
Charting - Stock Comparisons info Yes No
Trading Platforms Fidelity Robinhood
Active Trading Platform info Active Trader Pro Robinhood Legend
Desktop Trading Platform info Yes No
Desktop Platform (Mac) info Yes No
Web Trading Platform info Yes Yes
Paper Trading info No No
Trade Journal info Yes No
Watch Lists - Total Fields info 92 3
Stock Chart Features Fidelity Robinhood
Charting - Adjust Trades on Chart info Yes Yes
Charting - Indicators / Studies info 129 16
Charting - Drawing Tools info 38 23
Charting - Notes info Yes Yes
Charting - Historical Trades info Yes No
Charting - Corporate Events info Yes No
Charting - Custom Date Range info Yes Yes
Charting - Custom Time Bars info Yes Yes
Charting - Automated Analysis info Yes No
Charting - Save Profiles info Yes Yes
Trade Ideas - Technical Analysis info Yes No
Charting - Study Customizations info 5 1
Charting - Custom Studies info No No
Day Trading Fidelity Robinhood
Streaming Time & Sales info Yes No
Streaming TV info Yes No
Direct Market Routing - Equities info Yes No
Ladder Trading info No Yes
Trade Hot Keys info Yes No
Level 2 Quotes - Stocks info Yes No info
Trade Ideas - Backtesting info Yes No
Trade Ideas - Backtesting Adv info No No
Short Locator info Yes No
Order Liquidity Rebates info No No
Research Overview Fidelity Robinhood
Research - Stocks info Yes Yes
Research - ETFs info Yes Yes
Research - Mutual Funds info Yes No
Research - Pink Sheets / OTCBB info Yes Yes
Research - Fixed Income info Yes No
Screener - Stocks info Yes Yes
Screener - ETFs info Yes No
Screener - Mutual Funds info Yes No
Screener - Fixed Income info Yes No
Portfolio Asset Allocation info Yes No
Stock Research Fidelity Robinhood
Stock Research - PDF Reports info 11 0 info
Stock Research - Earnings info Yes Yes
Stock Research - Insiders info Yes No
Stock Research - Social info Yes No
Stock Research - News info Yes Yes
Stock Research - ESG info Yes No
Stock Research - SEC Filings info Yes No
ETF Research Fidelity Robinhood
ETFs - Investment Objective info Yes Yes
ETF Fund Facts - Inception Date info Yes Yes
ETF Fund Facts - Expense Ratio info Yes Yes
ETF Fund Facts - Total Assets info Yes Yes
ETF Fund Facts - Total Holdings info Yes Yes
ETFs - Top 10 Holdings info Yes Yes
ETFs - Sector Exposure info Yes Yes
ETFs - Risk Analysis info Yes No
ETFs - Ratings info Yes No
ETFs - Morningstar StyleMap info Yes No
ETFs - PDF Reports info Yes No info
Mutual Fund Research Fidelity Robinhood
Mutual Funds - Investment Objective info Yes No
Mutual Funds - Performance Chart info Yes No
Mutual Funds - Performance Analysis info Yes No
Mutual Funds - Prospectus info Yes No
Mutual Funds - 3rd Party Ratings info Yes No
Mutual Funds - Fees Breakdown info Yes No
Mutual Funds - Top 10 Holdings info Yes No
Mutual Funds - Asset Allocation info Yes No
Mutual Funds - Sector Allocation info Yes No
Mutual Funds - Country Allocation info Yes No
Mutual Funds - StyleMap info Yes No
Options Trading Fidelity Robinhood
Option Chains - Total Greeks info 5 5
Option Analysis - P&L Charts info Yes Yes
Banking Fidelity Robinhood
Bank (Member FDIC) info No No
Checking Accounts info No No
Savings Accounts info No No
Credit Cards info Yes Yes
Debit Cards info Yes Yes
Mortgage Loans info Yes No
Customer Service Fidelity Robinhood
Phone Support (Prospect Customers) info Yes No
Phone Support (Current Customers) info Yes Yes
Email Support info Yes Yes
Live Chat (Prospect Customers) info Yes No
Live Chat (Current Customers) info Yes Yes
24/7 Support info Yes Yes
Overall Fidelity Robinhood
Overall 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 3.5/5 Stars
Mobile Trading Apps 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 2/5 Stars
Education 5/5 Stars 4/5 Stars
Ease of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review Fidelity Review Robinhood Review
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