Fidelity vs E*TRADE 2025
In this head to head comparison of Fidelity vs E*TRADE, 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 E*TRADE, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
When comparing the investment options available through Fidelity and E*TRADE, both platforms cater to a wide range of traders, but there are key differences worth noting. Fidelity stands out with a full five-star rating for its range of investments, positioning it as a top contender in the industry. It offers a variety of opportunities, including stock and margin trading, as well as more unique options like fractional shares trading and cryptocurrency investment. This breadth of choice gives Fidelity an edge, securing its rank as third out of 14 brokers according to StockBrokers.com. E*TRADE follows closely behind with a 4.5-star rating and comes in fourth place, offering a strong selection of investment options but lacking in certain areas, such as crypto trading and fractional share availability.
Both Fidelity and E*TRADE provide core investment services such as stock, margin, and options trading, with each offering access to mutual funds and over-the-counter (OTC) stocks. However, Fidelity takes it a step further by providing fractional shares trading and an avenue for crypto enthusiasts with access to three different cryptocurrencies. On the other hand, E*TRADE compensates for its lack of crypto options by offering futures trading, which might appeal to traders looking for other advanced tools to manage their portfolios.
In terms of retirement options, both Fidelity and E*TRADE offer traditional and Roth IRA accounts, making them viable choices for long-term financial planning. Additionally, both platforms extend advisor services to assist investors in making informed decisions. For those valuing a wider range of investment opportunities, particularly in emerging markets like cryptocurrency, Fidelity may be the more appealing option. Alternatively, if futures trading is a must-have feature, E*TRADE might be the better fit. Ultimately, your choice between these two brokers should align with your specific investment goals and preferences.
Feature |
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Stock Trading | Yes | Yes |
Account Feature - Margin Trading | Yes | Yes |
Fractional Shares (Stocks) | Yes | No |
OTC Stocks | Yes | Yes |
Mutual Funds | Yes | Yes |
Options Trading | Yes | Yes |
Futures Trading | No | Yes |
Crypto Trading | Yes | No |
Crypto Trading - Total Coins | 3 | 0 |
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 it comes to choosing an online broker for trading, both Fidelity and E*TRADE offer compelling trading platforms and tools. While Fidelity edges out E*TRADE with a slightly higher rating of 4.5 stars compared to E*TRADE's 4 stars by StockBrokers.com, the differences in features and functionalities across these platforms might sway you based on your specific trading needs. For those deciding between the two, Fidelity stands at #4 in trading platforms and tools among 14 brokers, whereas E*TRADE follows closely at #5. However, the nuances of their features warrant a closer examination to make an informed choice.
Both Fidelity and E*TRADE provide downloadable trading platforms for both Windows and Mac, along with browser-based versions, ensuring accessibility across devices. Fidelity shines in watch list capabilities supporting up to 92 columns compared to E*TRADE's 43, allowing for more in-depth market monitoring. Despite this, E*TRADE gains an edge by offering paper trading, a feature Fidelity lacks, making it a better option for traders who wish to practice without financial risk. On the other hand, Fidelity compensates with unique offerings such as a trading journal, absent on E*TRADE, to keep track of past trades and strategies effectively.
Charting tools are robust in both platforms, with Fidelity providing 129 technical indicators and 38 drawing tools versus E*TRADE's 121 indicators and 37 tools. Both platforms excel in delivering comprehensive charting options, including displaying corporate events, historical trades, and the ability for automated technical analysis. Furthermore, while both allow for multiple chart profiles and custom date ranges, Fidelity falls short by not offering custom studies for charts, a limitation it shares with E*TRADE. Ultimately, your decision might hinge on whether you prioritize features like paper trading or a deeper level of watch list customization and journaling.
Feature |
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Web Trading Platform | Yes | Yes |
Desktop Trading Platform | Yes | Yes |
Desktop Platform (Mac) | Yes | Yes |
Paper Trading | No | Yes |
Watch Lists - Total Fields | 92 | 43 |
Charting - Indicators / Studies | 129 | 121 |
Charting - Drawing Tools | 38 | 37 |
Platforms & Tools |
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Dive deeper: Best Online Brokers & Trading Platforms for 2025, Best Paper Trading Apps & Platforms for 2025
Fidelity and E*TRADE are both exceptional choices for beginners looking to deepen their investment knowledge. They offer comprehensive resources across a range of topics including stocks, ETFs, options, mutual funds, and bonds. Both platforms provide valuable educational videos and webinars to help users grasp key concepts. However, Fidelity takes a slight edge with unique features such as educational quizzes and the ability for users to track their learning progress. Although both firms receive a top-notch five-star rating for education, Fidelity's additional tools may better suit those who prefer a more organized learning approach.
While E*TRADE doesn't offer learning quizzes or progress tracking, it excels in practical application with its paper trading feature, allowing beginners to gain hands-on experience without financial risk. It's a great way to apply what you've learned before diving into real market investments. Despite both brokers being highly rated by users, Fidelity ranks slightly higher at second place compared to E*TRADE's fourth place on StockBrokers.com's education ranking among 14 brokers. This reflects a solid educational offering from both, with each catering to slightly different preferences depending on the user's learning approach.
Feature |
|
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Education (Stocks) | Yes | Yes |
Education (ETFs) | Yes | Yes |
Education (Options) | Yes | Yes |
Education (Mutual Funds) | Yes | Yes |
Education (Fixed Income) | Yes | Yes |
Paper Trading | No | Yes |
Videos | Yes | Yes |
Webinars | Yes | Yes |
Education |
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Dive deeper: Best Stock Trading Platforms for Beginners of 2025
In the realm of stock trading apps, Fidelity and E*TRADE stand out with impressive accolades, each securing a perfect five-star rating. Fidelity holds a slight edge, being ranked third by StockBrokers.com, just ahead of E*TRADE at fourth. Both brokers provide comprehensive features that cater to a diverse range of investor needs, yet Fidelity boasts a few additional capabilities that distinguish it, such as offering videos on demand and a broader array of technical studies within its mobile app.
Both Fidelity and E*TRADE extend their trading facilities across major platforms, including iPhone, Android, and Apple Watch, allowing users the flexibility to manage their portfolios on the go. They offer well-rounded functionalities like mobile options trading, streaming quotes, live TV, and customizable watch lists, ensuring a seamless trading experience. Market enthusiasts will also appreciate the apps' support for after-hours trading, charting options, and the ability to view charts in landscape mode, all of which are crucial features for active investors.
Fidelity, however, sets itself apart with its provision of 119 technical studies for charting on its mobile app, compared to E*TRADE's 107. Additionally, Fidelity users benefit from access to on-demand videos, which are not available on the E*TRADE platform. For those keen on a more enriched feature set and slightly higher market ranking, Fidelity proves to be a compelling choice, though both apps assuredly offer top-notch trading experiences.
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 | 107 |
Mobile Trading Apps |
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Dive deeper: Best Stock Trading Apps for 2025
When choosing between Fidelity and E*TRADE, both brokers offer compelling options with no minimum deposit requirement, free regular stock trades, and identical fees for options contracts at $0.65 each. However, the costs vary when it comes to margin balances and account transfers. Fidelity tends to be slightly more favorable for smaller margin balances, while E*TRADE offers a full range of account transfers with a notable fee of $75 for complete transfers. This could be a determining factor for investors prioritizing flexibility in moving their funds.
Both Fidelity and E*TRADE make an attractive case with their $0 annual and IRA closure fees, making them user-friendly choices for retirement accounts. Clients interested in trading options can also rest assured, as neither broker charges extra for options exercise or assignment fees. The small differences in service charges, such as the E*TRADE fee for full account transfers, may steer some to favor Fidelity for smoother transitions between brokers.
When considering margin balances, Fidelity offers a slight edge for balances under $25,000 and between the $50,000 to $99,999 range, whereas E*TRADE provides competitive rates for balances from $25,000 to $49,999. Both platforms present compelling features with variances that may influence an investor’s choice based on their specific financial strategy and trading needs. Analyzing these costs and deciding which service best accommodates personal or professional requirements will ultimately guide clients to the right decision between these two brokers.
Feature |
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Minimum Deposit | $0.00 | $0.00 |
Stock Trades | $0.00 | $0.00 |
Options (Per Contract) | $0.65 | $0.65 |
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
When it comes to day trading, both Fidelity and E*TRADE offer essential features that can cater to traders seeking dynamic and comprehensive market participation. Both platforms provide streaming time and sales data for stocks and real-time live TV, keeping traders updated with important market movements and news. Users can also take advantage of direct market routing, trading hotkeys for quick actions, and level 2 quotes, which offer deeper insights into market depth. However, neither Fidelity nor E*TRADE includes ladder trading in their arsenal, which some traders might consider a drawback.
In the realm of strategy backtesting, Fidelity holds a slight edge by offering basic backtesting capabilities, while E*TRADE does not support this feature. For traders interested in short selling, Fidelity provides a short locator tool to check the availability of shares to short in real-time, giving it an advantage over E*TRADE, which lacks this tool. However, both platforms do not offer order liquidity rebates, which is something traders may want to consider. Overall, Fidelity might appeal to those who prioritize strategy development and short selling tools, whereas E*TRADE still provides a competitive suite of features for day traders.
Feature |
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Streaming Time & Sales | Yes | Yes |
Streaming TV | Yes | Yes |
Direct Market Routing - Equities | Yes | Yes |
Level 2 Quotes - Stocks | Yes | Yes |
Trade Ideas - Backtesting | Yes | No |
Trade Ideas - Backtesting Adv | No | No |
Short Locator | Yes | No |
Dive deeper: Best Day Trading Platforms for 2025
When considering market research offerings, Fidelity and E*TRADE both stand out as top choices, each receiving the highest five-star rating. Fidelity, ranked third by StockBrokers.com, impresses with comprehensive tools, including ESG research and a substantial selection of 11 downloadable stock reports. In contrast, E*TRADE, ranked second, excels with downloadable mutual fund reports and strong social media sentiment analysis. While both online brokers provide extensive research options, the specific needs of the investor will determine which platform is the better fit.
Both Fidelity and E*TRADE offer a wide range of research capabilities, including stock, ETF, mutual fund, bond, and even Pink Sheets/OTCBB research. Investors can harness these tools to make informed decisions about portfolio allocation across asset classes. Both platforms also provide stock research utilizing social media sentiment data, aiding users in gaining a well-rounded view of market conditions.
Where Fidelity distinguishes itself is in providing extensive ESG (Environmental, Social, and Governance) research, which E*TRADE does not offer. Fidelity also leads with more downloadable PDF research reports for stocks, offering 11 compared to E*TRADE's eight. However, E*TRADE shines by offering downloadable reports for mutual funds, a feature Fidelity lacks. Ultimately, both brokers deliver powerful screening tools for identifying trade ideas across different asset types, ensuring investors can tailor their financial strategies to meet their goals.
Feature |
|
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---|---|---|
Research - Stocks | Yes | Yes |
Screener - Stocks | Yes | Yes |
Research - ETFs | Yes | Yes |
Screener - ETFs | Yes | Yes |
Research - Mutual Funds | Yes | Yes |
Screener - Mutual Funds | Yes | Yes |
Research - Fixed Income | Yes | Yes |
Screener - Fixed Income | Yes | Yes |
Research |
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When comparing the banking services of online brokers Fidelity and E*TRADE, it's clear that E*TRADE provides a broader range of traditional banking options. E*TRADE users can benefit from both checking and savings accounts, which are not available through Fidelity. Both brokerages offer debit and credit cards, giving customers convenient access to their funds and additional purchasing power. Additionally, if you're planning to take out a mortgage, both Fidelity and E*TRADE have you covered with their mortgage loan offerings. For those looking to invest in certificates of deposit, both platforms offer competitive CDs to help grow your savings. Overall, E*TRADE's banking capabilities may appeal more to those seeking comprehensive banking and investment services under one roof, while Fidelity focuses more on investment tools complemented by basic financial products.
Feature |
|
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Checking Accounts | No | Yes |
Savings Accounts | No | Yes |
Debit Cards | Yes | Yes |
Credit Cards | Yes | Yes |
Mortgage Loans | Yes | Yes |
Brokerage CDs | Yes | Yes |
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 E*TRADE. Fidelity finished with an overall score of 96.2%, while E*TRADE finished with a score of 95.4%.
Fidelity is a value-driven online broker offering $0 trades, industry-leading research, excellent trading tools and an easy-to-use mobile app.
Fidelity stands out by offering crypto trading on its platform, providing access to three different coins, while E*TRADE does not support crypto trading, making Fidelity a superior choice for investors interested in cryptocurrencies.
Dive deeper: Best Online Brokers for Crypto Trading in 2025
Both Fidelity and E*TRADE offer traditional and Roth IRA accounts with no annual fees or closure fees, making them cost-effective choices for investors seeking flexible retirement savings options.
Dive deeper: Best IRA Accounts for 2025
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0 of 5Overall Rating | Fidelity | E*TRADE | |
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Platforms & Tools |
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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 | E*TRADE Review |
Broker Screenshots | Fidelity | E*TRADE | |
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Broker Gallery (click to expand) |
Trading Fees | Fidelity | E*TRADE | |
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Minimum Deposit | $0.00 | $0.00 | |
Stock Trades | $0.00 | $0.00 | |
Penny Stock Fees (OTC) | $0.00 | $6.95 | |
Mutual Fund Trade Fee | Varies | $0.00 | |
Options (Per Contract) | $0.65 | $0.65 | |
Futures (Per Contract) | (Not offered) | $1.50 | |
Broker Assisted Trade Fee | $32.95 | $25 |
Margin Rates | Fidelity | E*TRADE | |
---|---|---|---|
Margin Rate Under $25,000 | 13.075% | 12.95% | |
Margin Rate $25,000 to $49,999.99 | 12.575% | 12.7% | |
Margin Rate $50,000 to $99,999.99 | 12.125% | 12.2% | |
Margin Rate $100,000 to $249,999.99 | 11.575% | 11.7% | |
Margin Rate $250,000 to $499,999.99 | 11.325% | 11.2% | |
Margin Rate $500,000 to $999,999.99 | 9.00% | Varies | |
Margin Rate Above $1,000,000 | 8.75% | Varies |
Account Fees | Fidelity | E*TRADE | |
---|---|---|---|
IRA Annual Fee | $0.00 | $0.00 | |
IRA Closure Fee | $0.00 | $0.00 | |
Account Transfer Out (Partial) | $0.00 | $0.00 | |
Account Transfer Out (Full) | $0.00 | $75.00 | |
Options Exercise Fee | $0.00 | $0.00 | |
Options Assignment Fee | $0.00 | $0.00 |
Investment Options | Fidelity | E*TRADE | |
---|---|---|---|
Stock Trading | Yes | Yes | |
Account Feature - Margin Trading | Yes | Yes | |
Fractional Shares (Stocks) | Yes | No | |
OTC Stocks | Yes | Yes | |
Options Trading | Yes | Yes | |
Complex Options Max Legs | 4 | 4 | |
Futures Trading | No | Yes | |
Forex Trading | No | No | |
Crypto Trading | Yes | No | |
Crypto Trading - Total Coins | 3 | 0 | |
Fixed Income (Treasurys) | Yes | Yes | |
Fixed Income (Corporate Bonds) | Yes | Yes | |
Fixed Income (Municipal Bonds) | Yes | Yes | |
Traditional IRAs | Yes | Yes | |
Roth IRAs | Yes | Yes | |
Advisor Services | Yes | Yes | |
International Countries (Stocks) | 25 | 0 |
Order Types | Fidelity | E*TRADE | |
---|---|---|---|
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 | Yes | |
Order Type - OTO | Yes | Yes | |
Order Type - Broker Assisted | Yes | Yes |
Beginners | Fidelity | E*TRADE | |
---|---|---|---|
Education (Stocks) | Yes | Yes | |
Education (ETFs) | Yes | Yes | |
Education (Options) | Yes | Yes | |
Education (Mutual Funds) | Yes | Yes | |
Education (Fixed Income) | Yes | Yes | |
Education (Retirement) | Yes | Yes | |
Retirement Calculator | Yes | Yes | |
Investor Dictionary | Yes | Yes | |
Paper Trading | No | Yes | |
Videos | Yes | Yes | |
Webinars | Yes | Yes | |
Progress Tracking | Yes | No | |
Interactive Learning - Quizzes | Yes | No |
Stock Trading Apps | Fidelity | E*TRADE | |
---|---|---|---|
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 | E*TRADE | |
---|---|---|---|
Market Movers (Top Gainers) | Yes | Yes | |
Stream Live TV | Yes | Yes | |
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 | E*TRADE | |
---|---|---|---|
Charting - After-Hours | Yes | Yes | |
Charting - Can Turn Horizontally | Yes | Yes | |
Charting - Multiple Time Frames | Yes | Yes | |
Charting - Technical Studies | 119 | 107 | |
Charting - Study Customizations | Yes | Yes | |
Charting - Stock Comparisons | Yes | Yes |
Trading Platforms | Fidelity | E*TRADE | |
---|---|---|---|
Active Trading Platform | Active Trader Pro | Power E*TRADE | |
Desktop Trading Platform | Yes | Yes | |
Desktop Platform (Mac) | Yes | Yes | |
Web Trading Platform | Yes | Yes | |
Paper Trading | No | Yes | |
Trade Journal | Yes | No | |
Watch Lists - Total Fields | 92 | 43 |
Stock Chart Features | Fidelity | E*TRADE | |
---|---|---|---|
Charting - Adjust Trades on Chart | Yes | Yes | |
Charting - Indicators / Studies | 129 | 121 | |
Charting - Drawing Tools | 38 | 37 | |
Charting - Notes | Yes | Yes | |
Charting - Historical Trades | Yes | Yes | |
Charting - Corporate Events | Yes | Yes | |
Charting - Custom Date Range | Yes | Yes | |
Charting - Custom Time Bars | Yes | No | |
Charting - Automated Analysis | Yes | Yes | |
Charting - Save Profiles | Yes | Yes | |
Trade Ideas - Technical Analysis | Yes | Yes | |
Charting - Study Customizations | 5 | 8 | |
Charting - Custom Studies | No | No |
Day Trading | Fidelity | E*TRADE | |
---|---|---|---|
Streaming Time & Sales | Yes | Yes | |
Streaming TV | Yes | Yes | |
Direct Market Routing - Equities | Yes | Yes | |
Ladder Trading | No | No | |
Trade Hot Keys | Yes | Yes | |
Level 2 Quotes - Stocks | Yes | Yes | |
Trade Ideas - Backtesting | Yes | No | |
Trade Ideas - Backtesting Adv | No | No | |
Short Locator | Yes | No | |
Order Liquidity Rebates | No | No |
Research Overview | Fidelity | E*TRADE | |
---|---|---|---|
Research - Stocks | Yes | Yes | |
Research - ETFs | Yes | Yes | |
Research - Mutual Funds | Yes | Yes | |
Research - Pink Sheets / OTCBB | Yes | Yes | |
Research - Fixed Income | Yes | Yes | |
Screener - Stocks | Yes | Yes | |
Screener - ETFs | Yes | Yes | |
Screener - Mutual Funds | Yes | Yes | |
Screener - Fixed Income | Yes | Yes | |
Portfolio Asset Allocation | Yes | Yes |
Stock Research | Fidelity | E*TRADE | |
---|---|---|---|
Stock Research - PDF Reports | 11 | 8 | |
Stock Research - Earnings | Yes | Yes | |
Stock Research - Insiders | Yes | Yes | |
Stock Research - Social | Yes | Yes | |
Stock Research - News | Yes | Yes | |
Stock Research - ESG | Yes | No | |
Stock Research - SEC Filings | Yes | Yes |
ETF Research | Fidelity | E*TRADE | |
---|---|---|---|
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 | Yes | |
ETFs - Ratings | Yes | Yes | |
ETFs - Morningstar StyleMap | Yes | Yes | |
ETFs - PDF Reports | Yes | Yes |
Mutual Fund Research | Fidelity | E*TRADE | |
---|---|---|---|
Mutual Funds - Investment Objective | Yes | Yes | |
Mutual Funds - Performance Chart | Yes | Yes | |
Mutual Funds - Performance Analysis | Yes | Yes | |
Mutual Funds - Prospectus | Yes | Yes | |
Mutual Funds - 3rd Party Ratings | Yes | Yes | |
Mutual Funds - Fees Breakdown | Yes | Yes | |
Mutual Funds - Top 10 Holdings | Yes | Yes | |
Mutual Funds - Asset Allocation | Yes | Yes | |
Mutual Funds - Sector Allocation | Yes | Yes | |
Mutual Funds - Country Allocation | Yes | Yes | |
Mutual Funds - StyleMap | Yes | Yes |
Options Trading | Fidelity | E*TRADE | |
---|---|---|---|
Option Chains - Total Greeks | 5 | 5 | |
Option Analysis - P&L Charts | Yes | Yes |
Banking | Fidelity | E*TRADE | |
---|---|---|---|
Bank (Member FDIC) | No | Yes | |
Checking Accounts | No | Yes | |
Savings Accounts | No | Yes | |
Credit Cards | Yes | Yes | |
Debit Cards | Yes | Yes | |
Mortgage Loans | Yes | Yes |
Customer Service | Fidelity | E*TRADE | |
---|---|---|---|
Phone Support (Prospective Customers) | Yes | Yes | |
Phone Support (Current Customers) | Yes | Yes | |
Email Support | Yes | Yes | |
Live Chat (Prospective Customers) | Yes | No | |
Live Chat (Current Customers) | Yes | Yes | |
24/7 Support | Yes | Yes |
Overall | Fidelity | E*TRADE | |
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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 | E*TRADE Review |