Fidelity vs TD Ameritrade Comparison
Comparing brokers side by side is no easy task. For our 2023 annual broker review, we spent hundreds of hours assessing 17 brokerages to find the best online broker. Let's compare Fidelity vs TD Ameritrade.
Is Fidelity or TD Ameritrade better for beginners?
Fidelity offers more comprehensive new investor education for beginner investors than TD Ameritrade. Fidelity offers investors access to Videos, Education (Stocks), Education (ETFs), Education (Options), Education (Mutual Funds), Education (Bonds) and Education (Retirement), while TD Ameritrade offers investors access to Paper Trading, Videos, Education (Stocks), Education (ETFs), Education (Options), Education (Mutual Funds), Education (Bonds) and Education (Retirement). See our guide to Best Paper Trading Platforms for more.
What about Fidelity vs TD Ameritrade pricing?
Fidelity and TD Ameritrade charge the same amount for regular stock trades, $0.00. Fidelity and TD Ameritrade both charge $0.65 per option contract. For a complete commissions summary, see our best brokers for free stock trading guide.
Does Fidelity or TD Ameritrade offer a wider range of investment options?
Fidelity offers investors access to Stock Trading, Fractional Shares, Options Trading, OTC Stocks, Mutual Funds and Advisor Services, while TD Ameritrade offers investors access to Stock Trading, Options Trading, OTC Stocks, Mutual Funds, Futures Trading, Forex Trading and Advisor Services. Looking at Mutual Funds, Fidelity trails TD Ameritrade in its offering of no transaction fee (NTF) mutual funds, with TD Ameritrade offering 3610 and Fidelity offering 3401.
Which trading platform is better: Fidelity or TD Ameritrade?
To compare the trading platforms of Fidelity and TD Ameritrade, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, TD Ameritrade offers a better experience. With research, TD Ameritrade offers superior market research. Finally, we found TD Ameritrade to provide better mobile trading apps.
Does either broker offer banking?
Online banking can be a benefit for investors, and some brokerages do provide banking services to customers. Debit Cards and Credit Cards are offered by Fidelity while TD Ameritrade offers Checking Accounts, Debit Cards and Credit Cards. Neither have Savings Accounts and Mortgage Loans.
Is Fidelity good?
Our top pick overall for 2023, Fidelity is a value-driven online broker offering $0 trades, industry-leading research, excellent trading tools and an easy-to-use mobile app.
Is TD Ameritrade good?
TD Ameritrade delivers $0 trades, fantastic trading platforms, excellent market research, industry-leading education for beginners and reliable customer service. This outstanding all-around experience makes TD Ameritrade one of our top overall brokers in 2023, in which it placed among Best in Class in several categories including options trading and best for beginners.
Fidelity vs TD Ameritrade Winner
Overall winner: Fidelity
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