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Fidelity vs Robinhood 2025

StockBrokers.com

Written by StockBrokers.com

March 11, 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.

Fidelity
5/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.65
Robinhood
4/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.00

Range of investments

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.

Feature Fidelity logoFidelity
Robinhood logoRobinhood
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info Yes Yes
OTC Stocks info Yes No
Mutual Funds info Yes No
Options Trading info Yes Yes
Futures Trading info No No
Crypto Trading info Yes Yes info
Crypto Trading - Total Coins info 3 22
Range of Investments 5/5 Stars 3.5/5 Stars

Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025

Trading platforms and tools

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.

Feature Fidelity logoFidelity
Robinhood logoRobinhood
Web Trading Platform info Yes Yes
Desktop Trading Platform info Yes No
Desktop Platform (Mac) info Yes No
Paper Trading info No No
Watch Lists - Total Fields info 92 3
Charting - Indicators / Studies info 129 16
Charting - Drawing Tools info 38 23
Platforms & Tools 4.5/5 Stars 3.5/5 Stars

Dive deeper: Best Online Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025

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Beginners and education

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.

Feature Fidelity logoFidelity
Robinhood logoRobinhood
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes No
Education (Bonds) info Yes No
Paper Trading info No No
Videos info Yes No
Webinars info Yes Yes
Education 5/5 Stars 4/5 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2025

Stock trading apps

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.

Feature Fidelity logoFidelity
Robinhood logoRobinhood
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes Yes
Stock Alerts info Yes Yes
Charting - After-Hours info Yes Yes
Charting - Technical Studies info 119 6
Mobile Trading Apps 5/5 Stars 4.5/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

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.

Feature Fidelity logoFidelity
Robinhood logoRobinhood
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Options (Per Contract) info $0.65 $0.00
Options Exercise Fee info $0.00 $0.00
Options Assignment Fee info $0.00 $0.00
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $0.00

Dive deeper: Best Free Trading Platforms for 2025

Day Trading

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.

Feature Fidelity logoFidelity
Robinhood logoRobinhood
Streaming Time & Sales info Yes No
Streaming TV info Yes No
Direct Market Routing - Stocks info Yes No
Level 2 Quotes - Stocks info Yes No info
Trade Ideas - Backtesting info Yes No
Trade Ideas - Backtesting Adv info No No
Short Locator info Yes No

Dive deeper: Best Day Trading Platforms for 2025

Market Research

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.

Feature Fidelity logoFidelity
Robinhood logoRobinhood
Research - Stocks info Yes Yes
Screener - Stocks info Yes Yes
Research - ETFs info Yes Yes
Screener - ETFs info Yes No
Research - Mutual Funds info Yes No
Screener - Mutual Funds info Yes No
Research - Bonds info Yes No
Screener - Bonds info Yes No
Research 5/5 Stars 2/5 Stars

Banking

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.

Feature Fidelity logoFidelity
Robinhood logoRobinhood
Checking Accounts info No No
Savings Accounts info No No
Debit Cards info Yes Yes
Credit Cards info Yes Yes
Mortgage Loans info Yes No
CDs info Yes No

Dive deeper: Best Bank Accounts for Trading Stocks for 2025

Winner

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.

FAQs

Can you trade cryptocurrency with Fidelity or Robinhood?

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

Does Fidelity or Robinhood offer IRAs?

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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Overall Rating Fidelity Robinhood
Overall 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 3.5/5 Stars
Mobile Trading Apps 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 2/5 Stars
Customer Service 4.5/5 Stars N/A
Education 5/5 Stars 4/5 Stars
Ease Of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review Fidelity Review Robinhood Review
Broker Screenshots Fidelity Robinhood
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
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Penny Stock Fees (OTC) info $0.00 N/A
Mutual Fund Trade Fee info Varies info N/A
Options (Per Contract) info $0.65 $0.00
Futures (Per Contract) info (Not offered) (Not offered)
Broker Assisted Trade Fee info $32.95 N/A
Margin Rates Fidelity Robinhood
Margin Rate Under $25,000 info 13.075% 5.75%
Margin Rate $25,000 to $49,999.99 info 12.575% 5.75%
Margin Rate $50,000 to $99,999.99 info 12.125% 5.55%
Margin Rate $100,000 to $249,999.99 info 11.575% 5.25%
Margin Rate $250,000 to $499,999.99 info 11.325% 5.25%
Margin Rate $500,000 to $999,999.99 info 9.00% 5.25%
Margin Rate Above $1,000,000 info 8.75% 5% info
Account Fees Fidelity Robinhood
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $0.00
Account Transfer Out (Partial) info $0.00 $100.00
Account Transfer Out (Full) info $0.00 $100.00
Options Exercise Fee info $0.00 $0.00
Options Assignment Fee info $0.00 $0.00
Investment Options Fidelity Robinhood
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info Yes Yes
OTC Stocks info Yes No
Options Trading info Yes Yes
Complex Options Max Legs info 4 4
Futures Trading info No No
Forex Trading info No No
Crypto Trading info Yes Yes info
Crypto Trading - Total Coins info 3 22
Mutual Funds (No Load) info 5843 0
Mutual Funds (Total) info 10000 0
Bonds (US Treasury) info Yes No
Bonds (Corporate) info Yes No
Bonds (Municipal) info Yes No
Traditional IRAs info Yes Yes
Roth IRAs info Yes Yes
Advisor Services info Yes No
International Countries (Stocks) info 25 0
Order Types Fidelity Robinhood
Order Type - Market info Yes Yes
Order Type - Limit info Yes Yes
Order Type - After Hours info Yes Yes
Order Type - Stop info Yes Yes
Order Type - Trailing Stop info Yes Yes
Order Type - OCO info Yes No
Order Type - OTO info Yes No
Order Type - Broker Assisted info Yes No
Beginners Fidelity Robinhood
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes No
Education (Bonds) info Yes No
Education (Retirement) info Yes No
Retirement Calculator info Yes No
Investor Dictionary info Yes Yes
Paper Trading info No No
Videos info Yes No
Webinars info Yes Yes
Webinars (Archived) info Yes No
Progress Tracking info Yes No
Interactive Learning - Quizzes info Yes No
Stock Trading Apps Fidelity Robinhood
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes Yes
Trading - Stocks info Yes Yes
Trading - After-Hours info Yes Yes
Trading - Simple Options info Yes Yes
Trading - Complex Options info Yes Yes
Order Ticket RT Quotes info Yes Yes
Order Ticket SRT Quotes info Yes Yes
Stock App Features Fidelity Robinhood
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info Yes No
Videos on Demand info Yes No
Stock Alerts info Yes Yes
Option Chains Viewable info Yes Yes
Watch List (Real-time) info Yes Yes
Watch List (Streaming) info Yes Yes
Watch Lists - Create & Manage info Yes Yes
Watch Lists - Column Customization info Yes Yes
Stock App Charting Fidelity Robinhood
Charting - After-Hours info Yes Yes
Charting - Can Turn Horizontally info Yes No
Charting - Multiple Time Frames info Yes Yes
Charting - Technical Studies info 119 6
Charting - Study Customizations info Yes Yes
Charting - Stock Comparisons info Yes No
Trading Platforms Fidelity Robinhood
Active Trading Platform info Active Trader Pro Robinhood Legend
Desktop Trading Platform info Yes No
Desktop Platform (Mac) info Yes No
Web Trading Platform info Yes Yes
Paper Trading info No No
Trade Journal info Yes No
Watch Lists - Total Fields info 92 3
Stock Chart Features Fidelity Robinhood
Charting - Adjust Trades on Chart info Yes Yes
Charting - Indicators / Studies info 129 16
Charting - Drawing Tools info 38 23
Charting - Notes info Yes Yes
Charting - Index Overlays info Yes Yes
Charting - Historical Trades info Yes No
Charting - Corporate Events info Yes No
Charting - Custom Date Range info Yes Yes
Charting - Custom Time Bars info Yes Yes
Charting - Automated Analysis info Yes No
Charting - Save Profiles info Yes Yes
Trade Ideas - Technical Analysis info Yes No
Charting - Study Customizations info 5 1
Charting - Custom Studies info No No
Day Trading Fidelity Robinhood
Streaming Time & Sales info Yes No
Streaming TV info Yes No
Direct Market Routing - Stocks info Yes No
Ladder Trading info No Yes
Trade Hotkeys info Yes No
Level 2 Quotes - Stocks info Yes No info
Trade Ideas - Backtesting info Yes No
Trade Ideas - Backtesting Adv info No No
Short Locator info Yes No
Order Liquidity Rebates info No No
Research Overview Fidelity Robinhood
Research - Stocks info Yes Yes
Research - ETFs info Yes Yes
Research - Mutual Funds info Yes No
Research - Pink Sheets / OTCBB info Yes Yes
Research - Bonds info Yes No
Screener - Stocks info Yes Yes
Screener - ETFs info Yes No
Screener - Mutual Funds info Yes No
Screener - Bonds info Yes No
Misc - Portfolio Allocation info Yes No
Stock Research Fidelity Robinhood
Stock Research - PDF Reports info 11 0 info
Stock Research - Earnings info Yes Yes
Stock Research - Insiders info Yes No
Stock Research - Social info Yes No
Stock Research - News info Yes Yes
Stock Research - ESG info Yes No
Stock Research - SEC Filings info Yes No
ETF Research Fidelity Robinhood
ETFs - Strategy Overview info Yes Yes
ETF Fund Facts - Inception Date info Yes Yes
ETF Fund Facts - Expense Ratio info Yes Yes
ETF Fund Facts - Net Assets info Yes Yes
ETF Fund Facts - Total Holdings info Yes Yes
ETFs - Top 10 Holdings info Yes Yes
ETFs - Sector Exposure info Yes Yes
ETFs - Risk Analysis info Yes No
ETFs - Ratings info Yes No
ETFs - Morningstar StyleMap info Yes No
ETFs - PDF Reports info Yes No info
Mutual Fund Research Fidelity Robinhood
Mutual Funds - Strategy Overview info Yes No
Mutual Funds - Performance Chart info Yes No
Mutual Funds - Performance Analysis info Yes No
Mutual Funds - Prospectus info Yes No
Mutual Funds - 3rd Party Ratings info Yes No
Mutual Funds - Fees Breakdown info Yes No
Mutual Funds - Top 10 Holdings info Yes No
Mutual Funds - Asset Allocation info Yes No
Mutual Funds - Sector Allocation info Yes No
Mutual Funds - Country Allocation info Yes No
Mutual Funds - StyleMap info Yes No
Options Trading Fidelity Robinhood
Option Chains - Basic View info Yes Yes
Option Chains - Strategy View info Yes Yes
Option Chains - Streaming info Yes Yes
Option Chains - Total Columns info 26 17
Option Chains - Greeks info 5 5
Option Chains - Quick Analysis info Yes Yes
Option Analysis - P&L Charts info Yes Yes
Option Probability Analysis info Yes No
Option Probability Analysis Adv info Yes No
Option Positions - Greeks info Yes Yes
Option Positions - Greeks Streaming info Yes Yes
Option Positions - Adv Analysis info Yes No
Option Positions - Rolling info Yes Yes
Option Positions - Grouping info Yes Yes
Banking Fidelity Robinhood
Bank (Member FDIC) info No No
Checking Accounts info No No
Savings Accounts info No No
Credit Cards info Yes Yes
Debit Cards info Yes Yes
Mortgage Loans info Yes No
Customer Service Fidelity Robinhood
Phone Support (Prospect Customers) info Yes No
Phone Support (Current Customers) info Yes Yes
Email Support info Yes Yes
Live Chat (Prospect Customers) info Yes No
Live Chat (Current Customers) info Yes Yes
24/7 Support info Yes Yes
Overall Fidelity Robinhood
Overall 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 3.5/5 Stars
Mobile Trading Apps 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 2/5 Stars
Education 5/5 Stars 4/5 Stars
Ease Of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review Fidelity Review Robinhood Review
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