![]() So how do we make money? Our partners compensate us. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward - and free. We believe everyone should be able to make financial decisions with confidence. Our estimates are based on past market performance, and past performance is not a guarantee of future performance. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues. NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. They are not intended to provide investment advice. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. is an independent publisher and comparison service, not an investment advisor. Terms of Use | Disclaimers | Privacy PolicyĪdvertiser Disclosure: StockBrokers.NerdWallet, Inc. But, in today’s competitive market for your investing dollars, there are several more compelling options among brokerages. Robinhood is very easy to use and its educational content is a joy to read. 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. Neither have Checking Accounts, Savings Accounts and Mortgage Loans. Debit Cards and Credit Cards are offered by Fidelity while Robinhood offers Debit Cards. Online banking can be a benefit for investors, and some brokerages do provide banking services to customers. Finally, we found Fidelity to provide better mobile trading apps. With research, Fidelity offers superior market research. For trading tools, Fidelity offers a better experience. To compare the trading platforms of Fidelity and Robinhood, we tested each broker's trading tools, research capabilities, and mobile apps. Which trading platform is better: Fidelity or Robinhood? Looking at Mutual Funds, Robinhood trails Fidelity in its offering of no transaction fee (NTF) mutual funds, with Fidelity offering 3401 and Robinhood offering 0. Neither have Futures Trading and Forex Trading. Does Fidelity or Robinhood offer a wider range of investment options?įidelity offers investors access to Stock Trading, Fractional Shares, Options Trading, OTC Stocks, Mutual Funds and Advisor Services, while Robinhood offers investors access to Stock Trading, Fractional Shares, Options Trading and OTC Stocks. For a complete commissions summary, see our best brokers for free stock trading guide. ![]() Option contracts are pricier at Fidelity, costing $0.65 per contract versus $0.00 per contract at Robinhood. What about Fidelity vs Robinhood pricing?įidelity and Robinhood charge the same amount for regular stock trades, $0.00. Fidelity offers investors access to Videos, Education (Stocks), Education (ETFs), Education (Options), Education (Mutual Funds), Education (Bonds) and Education (Retirement), while Robinhood offers investors access to Education (Stocks) and Education (Options). Is Fidelity or Robinhood better for beginners?įidelity offers more comprehensive new investor education for beginner investors than Robinhood. For our 2023 annual broker review, we spent hundreds of hours assessing 17 brokerages to find the best online broker. Close Menu × navigate_before navigate_next Overall RatingĬomparing brokers side by side is no easy task. ![]()
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