Fidelity vs Robinhood 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.
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.
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 |
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Stock Trading | Yes | Yes |
Account Feature - Margin Trading | Yes | Yes |
Fractional Shares (Stocks) | Yes | Yes |
OTC Stocks | Yes | No |
Mutual Funds | Yes | No |
Options Trading | Yes | Yes |
Futures Trading | No | No |
Crypto Trading | Yes | Yes |
Crypto Trading - Total Coins | 3 | 22 |
Range of Investments |
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Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025: A Beginner-Friendly Guide to an Advanced Market
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 |
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Web Trading Platform | Yes | Yes |
Desktop Trading Platform | Yes | No |
Desktop Platform (Mac) | Yes | No |
Paper Trading | No | No |
Watch Lists - Total Fields | 92 | 3 |
Charting - Indicators / Studies | 129 | 16 |
Charting - Drawing Tools | 38 | 23 |
Platforms & Tools |
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Dive deeper: Best Online Brokers & Trading Platforms for 2025, Best Paper Trading Apps & Platforms for 2025
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 |
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Education (Stocks) | Yes | Yes |
Education (ETFs) | Yes | Yes |
Education (Options) | Yes | Yes |
Education (Mutual Funds) | Yes | No |
Education (Fixed Income) | Yes | No |
Paper Trading | No | No |
Videos | Yes | No |
Webinars | Yes | Yes |
Education |
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Dive deeper: Best Stock Trading Platforms for Beginners of 2025
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 |
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iPhone App | Yes | Yes |
Android App | Yes | Yes |
Apple Watch App | Yes | Yes |
Stock Alerts | Yes | Yes |
Charting - After-Hours | Yes | Yes |
Charting - Technical Studies | 119 | 6 |
Mobile Trading Apps |
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Dive deeper: Best Stock Trading Apps for 2025
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 |
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Minimum Deposit | $0.00 | $0.00 |
Stock Trades | $0.00 | $0.00 |
Options (Per Contract) | $0.65 | $0.00 |
Options Exercise Fee | $0.00 | $0.00 |
Options Assignment Fee | $0.00 | $0.00 |
IRA Annual Fee | $0.00 | $0.00 |
IRA Closure Fee | $0.00 | $0.00 |
Dive deeper: Best Free Trading Platforms for 2025
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 |
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Streaming Time & Sales | Yes | No |
Streaming TV | Yes | No |
Direct Market Routing - Equities | Yes | No |
Level 2 Quotes - Stocks | Yes | No |
Trade Ideas - Backtesting | Yes | No |
Trade Ideas - Backtesting Adv | No | No |
Short Locator | Yes | No |
Dive deeper: Best Day Trading Platforms for 2025
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 |
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Research - Stocks | Yes | Yes |
Screener - Stocks | Yes | Yes |
Research - ETFs | Yes | Yes |
Screener - ETFs | Yes | No |
Research - Mutual Funds | Yes | No |
Screener - Mutual Funds | Yes | No |
Research - Fixed Income | Yes | No |
Screener - Fixed Income | Yes | No |
Research |
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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 |
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Checking Accounts | No | No |
Savings Accounts | No | No |
Debit Cards | Yes | Yes |
Credit Cards | Yes | Yes |
Mortgage Loans | Yes | No |
Brokerage CDs | Yes | No |
Dive deeper: Best Brokerage Checking Accounts for 2025
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.
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
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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0 of 5Overall Rating | Fidelity | Robinhood | |
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Mobile Trading Apps |
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Research |
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Customer Service |
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Education |
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Ease of Use |
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Winner | check_circle | ||
Review | Fidelity Review | Robinhood Review |
Broker Screenshots | Fidelity | Robinhood | |
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Broker Gallery (click to expand) |
Trading Fees | Fidelity | Robinhood | |
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Minimum Deposit | $0.00 | $0.00 | |
Stock Trades | $0.00 | $0.00 | |
Penny Stock Fees (OTC) | $0.00 | N/A | |
Mutual Fund Trade Fee | Varies | N/A | |
Options (Per Contract) | $0.65 | $0.00 | |
Futures (Per Contract) | (Not offered) | (Not offered) | |
Broker Assisted Trade Fee | $32.95 | N/A |
Margin Rates | Fidelity | Robinhood | |
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Margin Rate Under $25,000 | 13.075% | 5.75% | |
Margin Rate $25,000 to $49,999.99 | 12.575% | 5.75% | |
Margin Rate $50,000 to $99,999.99 | 12.125% | 5.55% | |
Margin Rate $100,000 to $249,999.99 | 11.575% | 5.25% | |
Margin Rate $250,000 to $499,999.99 | 11.325% | 5.25% | |
Margin Rate $500,000 to $999,999.99 | 9.00% | 5.25% | |
Margin Rate Above $1,000,000 | 8.75% | 5% |
Account Fees | Fidelity | Robinhood | |
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IRA Annual Fee | $0.00 | $0.00 | |
IRA Closure Fee | $0.00 | $0.00 | |
Account Transfer Out (Partial) | $0.00 | $100.00 | |
Account Transfer Out (Full) | $0.00 | $100.00 | |
Options Exercise Fee | $0.00 | $0.00 | |
Options Assignment Fee | $0.00 | $0.00 |
Investment Options | Fidelity | Robinhood | |
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Stock Trading | Yes | Yes | |
Account Feature - Margin Trading | Yes | Yes | |
Fractional Shares (Stocks) | Yes | Yes | |
OTC Stocks | Yes | No | |
Options Trading | Yes | Yes | |
Complex Options Max Legs | 4 | 4 | |
Futures Trading | No | No | |
Forex Trading | No | No | |
Crypto Trading | Yes | Yes | |
Crypto Trading - Total Coins | 3 | 22 | |
Fixed Income (Treasurys) | Yes | No | |
Fixed Income (Corporate Bonds) | Yes | No | |
Fixed Income (Municipal Bonds) | Yes | No | |
Traditional IRAs | Yes | Yes | |
Roth IRAs | Yes | Yes | |
Advisor Services | Yes | No | |
International Countries (Stocks) | 25 | 0 |
Order Types | Fidelity | Robinhood | |
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Order Type - Market | Yes | Yes | |
Order Type - Limit | Yes | Yes | |
Order Type - After Hours | Yes | Yes | |
Order Type - Stop | Yes | Yes | |
Order Type - Trailing Stop | Yes | Yes | |
Order Type - OCO | Yes | No | |
Order Type - OTO | Yes | No | |
Order Type - Broker Assisted | Yes | No |
Beginners | Fidelity | Robinhood | |
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Education (Stocks) | Yes | Yes | |
Education (ETFs) | Yes | Yes | |
Education (Options) | Yes | Yes | |
Education (Mutual Funds) | Yes | No | |
Education (Fixed Income) | Yes | No | |
Education (Retirement) | Yes | No | |
Retirement Calculator | Yes | No | |
Investor Dictionary | Yes | Yes | |
Paper Trading | No | No | |
Videos | Yes | No | |
Webinars | Yes | Yes | |
Progress Tracking | Yes | No | |
Interactive Learning - Quizzes | Yes | No |
Stock Trading Apps | Fidelity | Robinhood | |
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iPhone App | Yes | Yes | |
Android App | Yes | Yes | |
Apple Watch App | Yes | Yes | |
Trading - Stocks | Yes | Yes | |
Trading - After-Hours | Yes | Yes | |
Trading - Simple Options | Yes | Yes | |
Trading - Complex Options | Yes | Yes | |
Order Ticket RT Quotes | Yes | Yes | |
Order Ticket SRT Quotes | Yes | Yes |
Stock App Features | Fidelity | Robinhood | |
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Market Movers (Top Gainers) | Yes | Yes | |
Stream Live TV | Yes | No | |
Videos on Demand | Yes | No | |
Stock Alerts | Yes | Yes | |
Option Chains Viewable | Yes | Yes | |
Watch List (Real-time) | Yes | Yes | |
Watch List (Streaming) | Yes | Yes | |
Watch Lists - Create & Manage | Yes | Yes | |
Watch Lists - Column Customization | Yes | Yes |
Stock App Charting | Fidelity | Robinhood | |
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Charting - After-Hours | Yes | Yes | |
Charting - Can Turn Horizontally | Yes | No | |
Charting - Multiple Time Frames | Yes | Yes | |
Charting - Technical Studies | 119 | 6 | |
Charting - Study Customizations | Yes | Yes | |
Charting - Stock Comparisons | Yes | No |
Trading Platforms | Fidelity | Robinhood | |
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Active Trading Platform | Active Trader Pro | Robinhood Legend | |
Desktop Trading Platform | Yes | No | |
Desktop Platform (Mac) | Yes | No | |
Web Trading Platform | Yes | Yes | |
Paper Trading | No | No | |
Trade Journal | Yes | No | |
Watch Lists - Total Fields | 92 | 3 |
Stock Chart Features | Fidelity | Robinhood | |
---|---|---|---|
Charting - Adjust Trades on Chart | Yes | Yes | |
Charting - Indicators / Studies | 129 | 16 | |
Charting - Drawing Tools | 38 | 23 | |
Charting - Notes | Yes | Yes | |
Charting - Historical Trades | Yes | No | |
Charting - Corporate Events | Yes | No | |
Charting - Custom Date Range | Yes | Yes | |
Charting - Custom Time Bars | Yes | Yes | |
Charting - Automated Analysis | Yes | No | |
Charting - Save Profiles | Yes | Yes | |
Trade Ideas - Technical Analysis | Yes | No | |
Charting - Study Customizations | 5 | 1 | |
Charting - Custom Studies | No | No |
Day Trading | Fidelity | Robinhood | |
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Streaming Time & Sales | Yes | No | |
Streaming TV | Yes | No | |
Direct Market Routing - Equities | Yes | No | |
Ladder Trading | No | Yes | |
Trade Hot Keys | Yes | No | |
Level 2 Quotes - Stocks | Yes | No | |
Trade Ideas - Backtesting | Yes | No | |
Trade Ideas - Backtesting Adv | No | No | |
Short Locator | Yes | No | |
Order Liquidity Rebates | No | No |
Research Overview | Fidelity | Robinhood | |
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Research - Stocks | Yes | Yes | |
Research - ETFs | Yes | Yes | |
Research - Mutual Funds | Yes | No | |
Research - Pink Sheets / OTCBB | Yes | Yes | |
Research - Fixed Income | Yes | No | |
Screener - Stocks | Yes | Yes | |
Screener - ETFs | Yes | No | |
Screener - Mutual Funds | Yes | No | |
Screener - Fixed Income | Yes | No | |
Portfolio Asset Allocation | Yes | No |
Stock Research | Fidelity | Robinhood | |
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Stock Research - PDF Reports | 11 | 0 | |
Stock Research - Earnings | Yes | Yes | |
Stock Research - Insiders | Yes | No | |
Stock Research - Social | Yes | No | |
Stock Research - News | Yes | Yes | |
Stock Research - ESG | Yes | No | |
Stock Research - SEC Filings | Yes | No |
ETF Research | Fidelity | Robinhood | |
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ETFs - Investment Objective | Yes | Yes | |
ETF Fund Facts - Inception Date | Yes | Yes | |
ETF Fund Facts - Expense Ratio | Yes | Yes | |
ETF Fund Facts - Total Assets | Yes | Yes | |
ETF Fund Facts - Total Holdings | Yes | Yes | |
ETFs - Top 10 Holdings | Yes | Yes | |
ETFs - Sector Exposure | Yes | Yes | |
ETFs - Risk Analysis | Yes | No | |
ETFs - Ratings | Yes | No | |
ETFs - Morningstar StyleMap | Yes | No | |
ETFs - PDF Reports | Yes | No |
Mutual Fund Research | Fidelity | Robinhood | |
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Mutual Funds - Investment Objective | Yes | No | |
Mutual Funds - Performance Chart | Yes | No | |
Mutual Funds - Performance Analysis | Yes | No | |
Mutual Funds - Prospectus | Yes | No | |
Mutual Funds - 3rd Party Ratings | Yes | No | |
Mutual Funds - Fees Breakdown | Yes | No | |
Mutual Funds - Top 10 Holdings | Yes | No | |
Mutual Funds - Asset Allocation | Yes | No | |
Mutual Funds - Sector Allocation | Yes | No | |
Mutual Funds - Country Allocation | Yes | No | |
Mutual Funds - StyleMap | Yes | No |
Options Trading | Fidelity | Robinhood | |
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Option Chains - Total Greeks | 5 | 5 | |
Option Analysis - P&L Charts | Yes | Yes |
Banking | Fidelity | Robinhood | |
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Bank (Member FDIC) | No | No | |
Checking Accounts | No | No | |
Savings Accounts | No | No | |
Credit Cards | Yes | Yes | |
Debit Cards | Yes | Yes | |
Mortgage Loans | Yes | No |
Customer Service | Fidelity | Robinhood | |
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Phone Support (Prospect Customers) | Yes | No | |
Phone Support (Current Customers) | Yes | Yes | |
Email Support | Yes | Yes | |
Live Chat (Prospect Customers) | Yes | No | |
Live Chat (Current Customers) | Yes | Yes | |
24/7 Support | Yes | Yes |
Overall | Fidelity | Robinhood | |
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Overall |
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Range of Investments |
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Platforms & Tools |
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Mobile Trading Apps |
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Research |
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Education |
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Ease of Use |
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Winner | check_circle | ||
Review | Fidelity Review | Robinhood Review |