Interactive Brokers vs Fidelity 2025
In this head to head comparison of Interactive Brokers vs Fidelity, 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 Interactive Brokers vs Fidelity, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
When deciding between Interactive Brokers and Fidelity for your investment needs, it's important to consider the breadth of services each platform offers. Both platforms garner a perfect five-star rating for their range of investment options, with Interactive Brokers ranking first and Fidelity coming in third according to StockBrokers.com. However, each provides unique features that might suit different trading strategies and investor preferences. While both offer stock, margin, options, and crypto trading, Interactive Brokers extends its offerings further into forex and futures trading—areas in which Fidelity does not participate. Fidelity compensates with comprehensive advisor services, which might appeal to those seeking guidance in managing their portfolios.
Interactive Brokers distinguishes itself with the ability to trade across various markets, offering fractional shares, OTC stocks, mutual funds, and the opportunity to trade in four cryptocurrencies. The inclusion of forex and futures trading options expands the possibilities for investors looking to diversify and venture beyond traditional stock markets. For investors interested in cryptocurrencies, Interactive Brokers offers a slight edge by providing access to one additional digital coin compared to Fidelity. Furthermore, Interactive Brokers supports traditional and Roth IRA accounts, catering to those planning for retirement.
On the other hand, Fidelity offers a well-rounded suite of investment options and shines in providing expert advisor services, a feature that Interactive Brokers does not provide. This makes Fidelity particularly appealing to those who value professional financial advice in navigating their investment journeys. Additionally, Fidelity supports stock, margin, and options trading, along with mutual funds and crypto trading in three cryptocurrencies. Investors who prioritize hands-on guidance and comprehensive retirement planning will find Fidelity's offerings robust, with traditional and Roth IRA accounts available to secure their financial future.
Feature |
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Stock Trading | Yes | Yes |
Margin Trading | Yes | Yes |
Fractional Shares | Yes | Yes |
OTC Stocks | Yes | Yes |
Mutual Funds | Yes | Yes |
Options Trading | Yes | Yes |
Futures Trading | Yes | No |
Crypto Trading | Yes | Yes |
Crypto Trading - Total Coins | 4 | 3 |
Range of Investments |
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Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025
When it comes to trading platforms and tools, Interactive Brokers holds a slight edge over Fidelity, primarily due to its broader range of features and customization options. Interactive Brokers is rated 5 stars and ranks second among 15 brokers reviewed on StockBrokers.com, outshining Fidelity, which earns 4.5 stars and ranks fourth. Both brokers offer downloadable and browser-based platforms that cater to Windows and Mac users, but Interactive Brokers stands out with features like paper trading and a more extensive array of customization options for watch lists and charting.
Interactive Brokers offers an impressive 659 fields for watch lists compared to Fidelity’s 92, providing traders with more detailed data points at their fingertips. Moreover, it excels in technical analysis tools, featuring 155 technical indicators and 85 drawing tools, as opposed to Fidelity’s 129 indicators and 38 drawing tools. Users will also appreciate the ability to adjust open orders directly on charts and the shared features between brokers, such as adding notes, index overlays, and displaying corporate events on charts.
Despite their differences, both Interactive Brokers and Fidelity provide a suite of essential tools, including trading journals, the ability to show historical trades, set custom date ranges, and save multiple chart profiles. However, neither broker offers the ability to create custom studies for charts. While Fidelity remains a strong contender for its ease of use and quality service, Interactive Brokers impresses with its advanced features, earning it a higher rating and making it an attractive choice for traders seeking a comprehensive and customizable trading experience.
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Web Trading Platform | Yes | Yes |
Desktop Trading Platform | Yes | Yes |
Desktop Platform (Mac) | Yes | Yes |
Paper Trading | Yes | No |
Watch Lists - Total Fields | 659 | 92 |
Charting - Indicators / Studies | 155 | 129 |
Charting - Drawing Tools | 85 | 38 |
Platforms & Tools |
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Dive deeper: Best Online Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025
When comparing beginner and investor education, both Interactive Brokers and Fidelity stand out as strong options. Each platform offers a comprehensive suite of educational resources covering stocks, ETFs, options, mutual funds, and bonds, ensuring that newcomers can gain in-depth knowledge across a variety of financial instruments. Interactive Brokers and Fidelity both provide educational videos, webinars, and quizzes to cater to different learning styles. However, Interactive Brokers edges out slightly with its inclusion of paper trading, allowing learners to practice their trading strategies without financial risk. Both brokers offer tools to track your learning progress, making it easier to see how you're advancing in your investment education journey.
Ranked among the top brokers, Fidelity comes in at the second spot while Interactive Brokers takes the third position according to StockBrokers.com. Both receive a 5-star rating for their educational offerings, reflecting the quality and depth of resources available to users. Fidelity and Interactive Brokers are committed to educating their users, offering varied learning paths to match different needs and preferences. These platforms empower beginner investors with the knowledge and confidence needed to take their first steps in the world of investing.
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Education (Stocks) | Yes | Yes |
Education (ETFs) | Yes | Yes |
Education (Options) | Yes | Yes |
Education (Mutual Funds) | Yes | Yes |
Education (Bonds) | Yes | Yes |
Paper Trading | Yes | No |
Videos | Yes | Yes |
Webinars | Yes | Yes |
Education |
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Dive deeper: Best Stock Trading Platforms for Beginners of 2025
When choosing between Interactive Brokers and Fidelity for stock trading app capabilities, it ultimately comes down to personal preference for specific features, as both platforms offer a wide array of similar functionalities. Both apps are top-rated with five-star ratings for their mobile trading experiences. Ranked #2 and #3 respectively by StockBrokers.com, Interactive Brokers and Fidelity provide high-quality trading experiences with seamless access across both iOS and Android devices, making them leading choices for stock traders.
Interactive Brokers and Fidelity ensure their apps meet high standards by offering features sought by traders. Both platforms provide iPhone, Android, and Apple Watch compatibility, alongside streaming live TV and on-demand videos for market insights. They also support mobile after-hours and options trading and facilitate stock alerts and customizable watch lists. Fidelity edges out slightly with the ability to display stock comparisons on charts, a feature that Interactive Brokers currently lacks.
From a charting perspective, both apps allow users to create custom watch lists, customize watch list columns, and view charts in landscape mode with multiple time frames. While Interactive Brokers provides 97 technical studies, Fidelity offers a broader range with 119. Both apps enable after-hours charting, yet Fidelity's ability to include stock comparison charts gives it a slight advantage, making it potentially more appealing to those who prioritize detailed chart analysis as part of their trading strategy.
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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 | 97 | 119 |
Mobile Trading Apps |
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Dive deeper: Best Stock Trading Apps for 2025
When comparing Interactive Brokers to Fidelity, both platforms offer competitive fee structures with clear advantages. While both brokers charge no minimum deposit and provide commission-free regular stock trades, they present a significant difference in margin rates. Interactive Brokers offers considerably lower margin rates across various balance tiers, which might attract margin traders. Both platforms are on par for options contract fees at $0.65 per contract, and they share the benefit of no fees for IRA accounts and closure, as well as free account transfers, options exercise, and assignment.
Interactive Brokers sets itself apart with its lower margin interest rates, especially beneficial for investors looking to leverage under $100,000. Margin balances below $25,000 at Interactive Brokers are charged an interest rate of 7.33%, compared to Fidelity's higher 13.075%. This trend of favorable rates continues with balances between $25,000 to $49,999 at 7.33% versus Fidelity's 12.575%, and for balances running from $50,000 to $99,999, where Interactive Brokers maintains the same 7.33%, compared to Fidelity's 12.125%.
Beyond margin rates, both Interactive Brokers and Fidelity waive many common charges that might appeal to account holders concerned about hidden fees. Neither platform imposes fees on IRA maintenance or closure, nor do they charge for account transfers, whether partial or full. They also abstain from fees associated with options exercises and assignments, providing fee transparency and predictability in key areas where investors typically seek to minimize costs.
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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
Interactive Brokers and Fidelity both provide essential tools and features for day traders, making them leading choices for active investors. Both platforms offer streaming time and sales data, live TV, direct market routing, level 2 quotes, and trading hotkeys, ensuring traders have real-time information and flexible trading options at their fingertips. While both allow for basic strategy backtesting and have a short locator tool to check real-time share availability for short selling, differences emerge when we look deeper into their offerings.
Interactive Brokers stands out with its advanced strategy backtesting capabilities, ladder trading, and order liquidity rebates, which can be crucial for sophisticated traders looking to refine their trading strategies and reduce costs. On the other hand, Fidelity, although lacking in these areas, still provides a solid platform for day trading with its comprehensive selection of core tools. Ultimately, the choice between the two will depend on the specific needs and preferences of traders seeking either simplified operations or more advanced trading functionalities.
Feature |
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Streaming Time & Sales | Yes | Yes |
Streaming TV | Yes | Yes |
Direct Market Routing - Stocks | Yes | Yes |
Level 2 Quotes - Stocks | Yes | Yes |
Trade Ideas - Backtesting | Yes | Yes |
Trade Ideas - Backtesting Adv | Yes | No |
Short Locator | Yes | Yes |
Dive deeper: Best Day Trading Platforms for 2025
When it comes to market research capabilities, both Interactive Brokers and Fidelity shine as top choices for investors. Interactive Brokers offers an impressive array of research tools, earning a perfect 5-star rating for market research. Fidelity also receives a 5-star rating, showcasing their robust lineup. Both platforms provide comprehensive stock, ETF, mutual fund, pink sheets, OTCBB, and bond research. While Interactive Brokers holds a ranking of #4, Fidelity slightly edges ahead at #3, according to StockBrokers.com.
Both Interactive Brokers and Fidelity excel in providing detailed insights into market data. They each offer the ability to analyze portfolio allocation by asset class and incorporate social media sentiment into their stock research, enhancing the decision-making process for investors. Additionally, both offer ESG (Environmental, Social, and Governance) research, allowing users to make informed socially conscious investment choices. When it comes to downloadable PDF research reports for stocks, Interactive Brokers leads with 15 available reports compared to Fidelity’s 11. Both provide downloadable research for ETFs, but only Interactive Brokers offers this for mutual funds.
Both platforms are equipped with screeners for stocks, ETFs, mutual funds, and bonds, making it easier for investors to generate trade ideas and explore different investment strategies. Although Fidelity and Interactive Brokers are similarly rated, they cater to slightly different preferences in user experience and resource availability, making the choice between them a matter of personal needs and priorities.
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 - Bonds | Yes | Yes |
Screener - Bonds | Yes | Yes |
Research |
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When comparing the banking features of Interactive Brokers and Fidelity, there are some key differences to consider. Neither Interactive Brokers nor Fidelity provide checking or savings accounts, but Fidelity takes the lead in terms of other banking services. While Interactive Brokers does not offer debit or credit cards, Fidelity provides both, making it more versatile for everyday payment needs. Furthermore, Fidelity offers mortgage loans, an area where Interactive Brokers does not. However, both platforms offer Certificates of Deposit (CDs), a solid choice for savers looking to grow their money with a guaranteed return. For comprehensive financial services, especially in banking, Fidelity holds an advantage over Interactive Brokers.
Feature |
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Checking Accounts | No | No |
Savings Accounts | No | No |
Debit Cards | No | Yes |
Credit Cards | No | Yes |
Mortgage Loans | No | Yes |
CDs | Yes | Yes |
Dive deeper: Best Bank Accounts for Trading Stocks for 2025
After opening live accounts and testing 15 of the best online brokers, our research and live account testing finds that Interactive Brokers is better than Fidelity. Interactive Brokers finished with an overall score of 96.9%, while Fidelity finished with a score of 96.2%.
Interactive Brokers is a go-to choice for professionals because of its institutional-grade desktop trading platform, high-quality trade executions and rock-bottom margin rates.
Interactive Brokers and Fidelity both offer crypto trading, with Interactive Brokers providing access to 4 coins compared to Fidelity's 3 coins, making Interactive Brokers a slightly more expansive choice for cryptocurrency enthusiasts.
Dive deeper: Best Online Brokers for Crypto Trading in 2025
Both Interactive Brokers and Fidelity offer Traditional and Roth IRA accounts with no annual or closure fees, providing cost-effective investment options for retirement savings.
Dive deeper: Best IRA Accounts for 2025
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0 of 5Overall Rating | Interactive Brokers | Fidelity | |
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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 | Interactive Brokers Review | Fidelity Review |
Broker Screenshots | Interactive Brokers | Fidelity | |
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Trading Platform & Tools Gallery (click to expand) | |||
Research Gallery (click to expand) | |||
Mobile Trading Apps Gallery (click to expand) | |||
Education Gallery (click to expand) |
Trading Fees | Interactive Brokers | Fidelity | |
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Minimum Deposit | $0.00 | $0.00 | |
Stock Trades | $0.00 | $0.00 | |
Penny Stock Fees (OTC) | $0.01 | $0.00 | |
Mutual Fund Trade Fee | $14.95 | Varies | |
Options (Per Contract) | $0.65 | $0.65 | |
Futures (Per Contract) | $0.85 | (Not offered) | |
Broker Assisted Trade Fee | Varies | $32.95 |
Margin Rates | Interactive Brokers | Fidelity | |
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Margin Rate Under $25,000 | 7.33% | 13.075% | |
Margin Rate $25,000 to $49,999.99 | 7.33% | 12.575% | |
Margin Rate $50,000 to $99,999.99 | 7.33% | 12.125% | |
Margin Rate $100,000 to $249,999.99 | 7.33% | 11.575% | |
Margin Rate $250,000 to $499,999.99 | 7.33% | 11.325% | |
Margin Rate $500,000 to $999,999.99 | 7.33% | 9.00% | |
Margin Rate Above $1,000,000 | 7.33% | 8.75% |
Account Fees | Interactive Brokers | Fidelity | |
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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 | $0.00 | |
Options Exercise Fee | $0.00 | $0.00 | |
Options Assignment Fee | $0.00 | $0.00 |
Investment Options | Interactive Brokers | Fidelity | |
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Stock Trading | Yes | Yes | |
Margin Trading | Yes | Yes | |
Fractional Shares | Yes | Yes | |
OTC Stocks | Yes | Yes | |
Options Trading | Yes | Yes | |
Complex Options Max Legs | 6 | 4 | |
Futures Trading | Yes | No | |
Forex Trading | Yes | No | |
Crypto Trading | Yes | Yes | |
Crypto Trading - Total Coins | 4 | 3 | |
Mutual Funds (No Load) | 10988 | 5843 | |
Mutual Funds (Total) | 11456 | 10000 | |
Bonds (US Treasury) | Yes | Yes | |
Bonds (Corporate) | Yes | Yes | |
Bonds (Municipal) | Yes | Yes | |
Traditional IRAs | Yes | Yes | |
Roth IRAs | Yes | Yes | |
Advisor Services | No | Yes | |
International Countries (Stocks) | 34 | 25 |
Order Types | Interactive Brokers | Fidelity | |
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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 | Yes | |
Order Type - OTO | Yes | Yes | |
Order Type - Broker Assisted | Yes | Yes |
Beginners | Interactive Brokers | Fidelity | |
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Education (Stocks) | Yes | Yes | |
Education (ETFs) | Yes | Yes | |
Education (Options) | Yes | Yes | |
Education (Mutual Funds) | Yes | Yes | |
Education (Bonds) | Yes | Yes | |
Education (Retirement) | Yes | Yes | |
Retirement Calculator | Yes | Yes | |
Investor Dictionary | Yes | Yes | |
Paper Trading | Yes | No | |
Videos | Yes | Yes | |
Webinars | Yes | Yes | |
Webinars (Archived) | Yes | Yes | |
Progress Tracking | Yes | Yes | |
Interactive Learning - Quizzes | Yes | Yes |
Stock Trading Apps | Interactive Brokers | Fidelity | |
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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 | Interactive Brokers | Fidelity | |
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Market Movers (Top Gainers) | Yes | Yes | |
Stream Live TV | Yes | Yes | |
Videos on Demand | Yes | Yes | |
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 | Interactive Brokers | Fidelity | |
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Charting - After-Hours | Yes | Yes | |
Charting - Can Turn Horizontally | Yes | Yes | |
Charting - Multiple Time Frames | Yes | Yes | |
Charting - Technical Studies | 97 | 119 | |
Charting - Study Customizations | Yes | Yes | |
Charting - Stock Comparisons | No | Yes |
Trading Platforms | Interactive Brokers | Fidelity | |
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Active Trading Platform | Trader Workstation (TWS) | Active Trader Pro | |
Desktop Trading Platform | Yes | Yes | |
Desktop Platform (Mac) | Yes | Yes | |
Web Trading Platform | Yes | Yes | |
Paper Trading | Yes | No | |
Trade Journal | Yes | Yes | |
Watch Lists - Total Fields | 659 | 92 |
Stock Chart Features | Interactive Brokers | Fidelity | |
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Charting - Adjust Trades on Chart | Yes | Yes | |
Charting - Indicators / Studies | 155 | 129 | |
Charting - Drawing Tools | 85 | 38 | |
Charting - Notes | Yes | Yes | |
Charting - Index Overlays | Yes | Yes | |
Charting - Historical Trades | Yes | Yes | |
Charting - Corporate Events | Yes | Yes | |
Charting - Custom Date Range | Yes | Yes | |
Charting - Custom Time Bars | Yes | Yes | |
Charting - Automated Analysis | Yes | Yes | |
Charting - Save Profiles | Yes | Yes | |
Trade Ideas - Technical Analysis | Yes | Yes | |
Charting - Study Customizations | 6 | 5 | |
Charting - Custom Studies | No | No |
Day Trading | Interactive Brokers | Fidelity | |
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Streaming Time & Sales | Yes | Yes | |
Streaming TV | Yes | Yes | |
Direct Market Routing - Stocks | Yes | Yes | |
Ladder Trading | Yes | No | |
Trade Hotkeys | Yes | Yes | |
Level 2 Quotes - Stocks | Yes | Yes | |
Trade Ideas - Backtesting | Yes | Yes | |
Trade Ideas - Backtesting Adv | Yes | No | |
Short Locator | Yes | Yes | |
Order Liquidity Rebates | Yes | No |
Research Overview | Interactive Brokers | Fidelity | |
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Research - Stocks | Yes | Yes | |
Research - ETFs | Yes | Yes | |
Research - Mutual Funds | Yes | Yes | |
Research - Pink Sheets / OTCBB | Yes | Yes | |
Research - Bonds | Yes | Yes | |
Screener - Stocks | Yes | Yes | |
Screener - ETFs | Yes | Yes | |
Screener - Mutual Funds | Yes | Yes | |
Screener - Bonds | Yes | Yes | |
Misc - Portfolio Allocation | Yes | Yes |
Stock Research | Interactive Brokers | Fidelity | |
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Stock Research - PDF Reports | 15 | 11 | |
Stock Research - Earnings | Yes | Yes | |
Stock Research - Insiders | Yes | Yes | |
Stock Research - Social | Yes | Yes | |
Stock Research - News | Yes | Yes | |
Stock Research - ESG | Yes | Yes | |
Stock Research - SEC Filings | Yes | Yes |
ETF Research | Interactive Brokers | Fidelity | |
---|---|---|---|
ETFs - Strategy Overview | Yes | Yes | |
ETF Fund Facts - Inception Date | Yes | Yes | |
ETF Fund Facts - Expense Ratio | Yes | Yes | |
ETF Fund Facts - Net 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 | Interactive Brokers | Fidelity | |
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Mutual Funds - Strategy Overview | 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 | Interactive Brokers | Fidelity | |
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Option Chains - Basic View | Yes | Yes | |
Option Chains - Strategy View | Yes | Yes | |
Option Chains - Streaming | Yes | Yes | |
Option Chains - Total Columns | 40 | 26 | |
Option Chains - Greeks | 5 | 5 | |
Option Chains - Quick Analysis | Yes | Yes | |
Option Analysis - P&L Charts | Yes | Yes | |
Option Probability Analysis | Yes | Yes | |
Option Probability Analysis Adv | Yes | Yes | |
Option Positions - Greeks | Yes | Yes | |
Option Positions - Greeks Streaming | Yes | Yes | |
Option Positions - Adv Analysis | Yes | Yes | |
Option Positions - Rolling | Yes | Yes | |
Option Positions - Grouping | Yes | Yes |
Banking | Interactive Brokers | Fidelity | |
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Bank (Member FDIC) | No | No | |
Checking Accounts | No | No | |
Savings Accounts | No | No | |
Credit Cards | No | Yes | |
Debit Cards | No | Yes | |
Mortgage Loans | No | Yes |
Customer Service | Interactive Brokers | Fidelity | |
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Phone Support (Prospect Customers) | Yes | Yes | |
Phone Support (Current Customers) | Yes | Yes | |
Email Support | Yes | Yes | |
Live Chat (Prospect Customers) | No | Yes | |
Live Chat (Current Customers) | Yes | Yes | |
24/7 Support | No | Yes |
Overall | Interactive Brokers | Fidelity | |
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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 | Interactive Brokers Review | Fidelity Review |