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.
In comparing Fidelity and Robinhood, it's clear that both brokers offer solid investment choices, but their available options cater to different investor needs. Fidelity emerges as a more comprehensive investment platform, especially appealing for investors interested in a wide variety of stocks, mutual funds, and fractional shares. It also provides robust advisory services, which Robinhood lacks. While Fidelity offers a modest range of cryptocurrencies with three coins, Robinhood excels in this area by offering 22 different coins. Despite Robinhood’s strengths in crypto trading and ease of use, Fidelity's broader investment options have earned it higher marks for range of investments, placing it at #3 compared to Robinhood's #12, according to StockBrokers.com.
Both Fidelity and Robinhood support stock and options trading, along with margin and fractional shares trading. However, Fidelity takes a lead by offering over-the-counter (OTC) stocks and mutual funds, which Robinhood does not. This makes Fidelity an attractive choice for investors interested in diverse investment avenues beyond stocks and cryptocurrencies. While neither platform supports futures or forex trading, both host traditional and Roth IRA accounts, making them suitable for retirement planning as well.
When it comes to crypto trading, Robinhood provides a more extensive selection with 22 coins, compared to Fidelity's offering of just three. This greater variety may appeal to crypto enthusiasts looking for a wider range of options. Although Fidelity's focus on traditional investments and advisory services makes it a strong choice for long-term investors, Robinhood’s emphasis on simplicity and access to a wider array of cryptocurrencies can be appealing to newer investors or those primarily interested in digital currencies.
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Stock Trading | Yes | Yes |
Margin Trading | Yes | Yes |
Fractional Shares | 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
When it comes to trading platforms and tools, Fidelity holds the edge over Robinhood, offering more comprehensive features and advanced functionalities. With a 4.5-star rating for its trading capabilities, Fidelity ranks 4th out of 15 brokers according to StockBrokers.com, while Robinhood receives a 3.5-star rating and ranks 9th. This suggests that Fidelity delivers a superior overall user experience for traders compared to Robinhood.
Fidelity's platform is available for both Windows and Mac as a downloadable application, offering flexibility and convenience for desktop users. On the other hand, Robinhood does not offer a downloadable platform for either operating system, relying solely on its browser-based interface. Both platforms do provide a web-based option, but Fidelity enhances its offering by integrating valuable features like a trading journal, 92 watch list columns, and the ability to adjust open orders directly on a stock chart.
Charting tools are where Fidelity truly shines, offering 129 technical indicators and 38 drawing tools compared to Robinhood's 16 indicators and 23 drawing tools. Fidelity allows for detailed customizations, such as setting custom date ranges, showing historical trades on charts, and displaying corporate events. Meanwhile, Robinhood lacks these comprehensive options but does allow for index overlays and note-taking on charts. Both brokers enable custom chart profiles, but Fidelity's depth and versatility make it a preferred choice for those seeking advanced trading insights.
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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 Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025
Fidelity and Robinhood both make efforts to support beginners with stock, ETF, and options education, while Fidelity extends its educational resources to include mutual funds and bonds, areas where Robinhood falls short. For those who prefer learning through videos, Fidelity offers a range of educational videos, whereas Robinhood does not. Both platforms provide webinars, but only Fidelity enriches the learning experience with quizzes and the ability to track your learning progress. When assessing these brokers, Fidelity impressively receives a 5-star rating for its educational offerings, while Robinhood earns 4 stars. Fidelity's commitment to investor education places it as the second best among 15 brokers rated by StockBrokers.com, suggesting a more comprehensive learning experience. In contrast, Robinhood ranks ninth, indicating room for growth in their educational capabilities.
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Education (Stocks) | Yes | Yes |
Education (ETFs) | Yes | Yes |
Education (Options) | Yes | Yes |
Education (Mutual Funds) | Yes | No |
Education (Bonds) | 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 via mobile apps, Fidelity seems to have the edge. Its app provides a more comprehensive suite of features, such as streaming live TV and on-demand videos—options that Robinhood lacks. Fidelity also offers 119 technical studies in its charting capabilities compared to Robinhood's six. Both apps support stock trading and options trading on iPhone and Android devices, but Fidelity is ranked higher overall for its stock trading app by StockBrokers.com.
Both Fidelity and Robinhood offer iPhone and Android apps, along with Apple Watch compatibility, making them accessible for users on multiple devices. Each app also supports mobile after-hours trading, although the capability is less clear for Robinhood. Custom watch lists and alerts are available on both platforms, and users can expect streaming quotes and after-hours charting from each app.
For charting enthusiasts, Fidelity offers advanced features that may sway your decision. Fidelity allows users to view charts in landscape mode, provides the ability to explore multiple time frames, and facilitates stock comparisons directly on the charts—capabilities not fully supported by Robinhood. These advantages, along with Fidelity's top-tier rating and rank for mobile trading apps, make it a strong contender for any trader. However, Robinhood remains a viable choice for those who find its straightforward and user-friendly design appealing.
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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.
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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.
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Streaming Time & Sales | Yes | No |
Streaming TV | Yes | No |
Direct Market Routing - Stocks | 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
When it comes to market research capabilities, Fidelity clearly stands out compared to Robinhood. Fidelity offers comprehensive research options for stocks, ETFs, mutual funds, bonds, and even Pink Sheets and OTCBB. Additionally, Fidelity provides in-depth social media sentiment analysis and ESG research, alongside 11 downloadable PDF research reports for stocks. These capabilities have earned Fidelity a solid 5-star rating for market research and a commendable #3 ranking out of 15 brokers by StockBrokers.com. On the other hand, Robinhood's market research offerings are relatively limited, garnering only a 2-star rating and a #10 ranking, which reflects its narrower focus.
Fidelity offers tools that cater to a wide range of investment interests. Investors can explore detailed portfolio allocation insights by asset class and take advantage of various screeners for stocks, ETFs, mutual funds, and bonds. The availability of social media sentiment data and ESG research highlight Fidelity's commitment to providing both traditional and modern research metrics. While Robinhood covers the basics, such as research for stocks, ETFs, and OTCBB, it doesn't extend its services to mutual funds or bonds and lacks in areas like downloadable research reports and innovative data metrics like ESG.
Although Robinhood might appeal to those seeking a more straightforward investing experience, its market research capabilities don't compete with those of Fidelity. Robinhood lacks tools for portfolio allocation insights and offers no downloadable PDFs for research reports across various asset classes. Fidelity's extensive offerings, ranging from multiple screened research options to comprehensive downloadable resources, make it a more suitable choice for investors eager for thorough market insights and research variety.
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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 - Bonds | Yes | No |
Screener - Bonds | 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.
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Checking Accounts | No | No |
Savings Accounts | No | No |
Debit Cards | Yes | Yes |
Credit Cards | Yes | Yes |
Mortgage Loans | Yes | No |
CDs | Yes | No |
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 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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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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Winner | check_circle | ||
Review | Fidelity Review | Robinhood Review |
Broker Screenshots | Fidelity | Robinhood | |
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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 | 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 | |
Margin Trading | Yes | Yes | |
Fractional Shares | 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 | |
Mutual Funds (No Load) | 5843 | 0 | |
Mutual Funds (Total) | 10000 | 0 | |
Bonds (US Treasury) | Yes | No | |
Bonds (Corporate) | Yes | No | |
Bonds (Municipal) | 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 (Bonds) | Yes | No | |
Education (Retirement) | Yes | No | |
Retirement Calculator | Yes | No | |
Investor Dictionary | Yes | Yes | |
Paper Trading | No | No | |
Videos | Yes | No | |
Webinars | Yes | Yes | |
Webinars (Archived) | Yes | No | |
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 | |
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Charting - Adjust Trades on Chart | Yes | Yes | |
Charting - Indicators / Studies | 129 | 16 | |
Charting - Drawing Tools | 38 | 23 | |
Charting - Notes | Yes | Yes | |
Charting - Index Overlays | 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 - Stocks | Yes | No | |
Ladder Trading | No | Yes | |
Trade Hotkeys | 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 - Bonds | Yes | No | |
Screener - Stocks | Yes | Yes | |
Screener - ETFs | Yes | No | |
Screener - Mutual Funds | Yes | No | |
Screener - Bonds | Yes | No | |
Misc - Portfolio 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 - 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 | 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 - Strategy Overview | 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 - Basic View | Yes | Yes | |
Option Chains - Strategy View | Yes | Yes | |
Option Chains - Streaming | Yes | Yes | |
Option Chains - Total Columns | 26 | 17 | |
Option Chains - Greeks | 5 | 5 | |
Option Chains - Quick Analysis | Yes | Yes | |
Option Analysis - P&L Charts | Yes | Yes | |
Option Probability Analysis | Yes | No | |
Option Probability Analysis Adv | Yes | No | |
Option Positions - Greeks | Yes | Yes | |
Option Positions - Greeks Streaming | Yes | Yes | |
Option Positions - Adv Analysis | Yes | No | |
Option Positions - Rolling | Yes | Yes | |
Option Positions - Grouping | 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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Ease Of Use |
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Winner | check_circle | ||
Review | Fidelity Review | Robinhood Review |