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Fidelity vs Robinhood 2025

StockBrokers.com

Written by StockBrokers.com

February 20, 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

When choosing between Fidelity and Robinhood for your investing needs, it's clear that both platforms have their strengths, but they cater to different types of investors. Fidelity, with a higher rating of 5 stars for its range of investment options, provides a comprehensive variety of financial products such as mutual funds and OTC stocks, which Robinhood does not. Conversely, Robinhood, with a 3.5-star rating, offers a wider selection of cryptocurrencies, making it appealing for those interested in this type of digital asset. According to StockBrokers.com, Fidelity is ranked #3 out of 16 brokers for the range of investments, indicating a more diverse and broad offering compared to Robinhood’s rank of #13.

Both Fidelity and Robinhood allow users to trade stocks, options, and cryptocurrencies, although Fidelity only offers three crypto coins, while Robinhood supports trading in a more extensive range of 22 coins. They each provide the ability to trade fractional shares and margin trading, making entry into the stock market more accessible for smaller investors. While neither platform offers forex or futures trading, they both support standard and Roth IRA accounts for retirement savings, with Fidelity additionally providing advisor services that can be appealing for investors seeking professional guidance.

In essence, if you're looking for a platform with a diverse range of investment options, including mutual funds and advisor services, Fidelity might be the better choice. On the other hand, if your focus is on trading a wider variety of cryptocurrencies and you prefer a simple, streamlined trading experience, Robinhood might better suit your needs. Whether you prioritize a comprehensive range of investment products or a user-friendly interface with access to numerous crypto offerings will depend on your personal investment strategy and financial goals.

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 online trading platforms and tools, Fidelity edges out Robinhood by offering a wider range of features and customization options that cater to both beginner and more advanced traders. Fidelity provides downloadable trading platforms for both Windows and Mac, while Robinhood only offers a browser-based experience. Fidelity also outshines Robinhood in terms of charting abilities, with 129 technical indicators and 38 drawing tools compared to Robinhood's 16 and 23, respectively. Additionally, Fidelity supports a trading journal and the option to modify open orders directly on stock charts, giving it the upper hand for traders seeking comprehensive analysis and tracking capabilities.

Both platforms provide the ability to adjust open orders directly on charts and incorporate index overlays, but Fidelity allows for a richer experience in chart customization with options such as displaying historical trades and corporate events. In terms of watch list capabilities, Fidelity permits users to create lists with up to 92 columns, significantly more than Robinhood's 3, thus offering a deeper level of market monitoring. Fidelity users also benefit from multiple chart profile saves and automated technical analysis, features absent in Robinhood.

Overall, for traders who seek a feature-rich environment with extensive tools for analysis and customization, Fidelity proves to be a better choice, reflected in its higher rating of 4.5 out of 5 stars, compared to Robinhood's 3.5 stars. While Robinhood offers a user-friendly interface suitable for beginners seeking simplicity and basic functionalities, Fidelity excels in delivering a comprehensive trading platform that stands out in the competitive landscape, securing its position at #4 in StockBrokers.com's rankings compared to Robinhood's #9 spot.

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: 7 Best Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025

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5/5 Stars

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Beginners and education

Fidelity and Robinhood both offer educational resources to help beginners and experienced investors alike. Fidelity provides a broad range of materials, including education on stocks, ETFs, options, mutual funds, and bonds. In addition to written content, you'll find educational videos, webinars, and quizzes to enhance your knowledge. Fidelity also stands out with a feature that allows you to track your learning progress, which can be especially helpful for those who are new to investing. With a top-tier educational system, Fidelity has earned a 5-star rating for education and ranks #2 in educational resources out of 16 brokers, according to StockBrokers.com.

Robinhood offers educational content focusing on stocks, ETFs, and options, but does not cover mutual funds or bonds. While its educational offerings include webinars, it lacks video tutorials and quizzes that some investors might find clear and engaging. Robinhood also does not offer a way to track your educational progress. Despite these limitations, Robinhood has still earned a respectable 4-star rating for its investor education efforts and holds the #9 spot among 16 brokers, as rated by StockBrokers.com. Whether starting your investment journey or looking to expand your financial knowledge, both platforms offer valuable resources, but they cater to different learning preferences and needs.

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 comparing Fidelity and Robinhood for stock trading app capabilities, Fidelity appears to have a more comprehensive offering for serious investors. Both brokers provide great basic functionalities such as apps available on iPhone, Android, and Apple Watch, along with after-hours stock trading, options trading, and stock alerts. However, Fidelity stands out with additional features like streaming live TV and videos on demand, which Robinhood lacks. Fidelity also offers a significantly greater number of technical studies, with 119 available, compared to Robinhood's 6. Rated at 5 stars and ranked #3 out of 16 brokers by StockBrokers.com, Fidelity's app is slightly ahead of Robinhood's, which has a 4.5-star rating and is ranked #7.

Both Fidelity and Robinhood offer customizable watch lists and after-hours charting, catering to users who like to tailor their experience. For charting, Fidelity offers more advanced features, including the ability to view charts in landscape mode and display stock comparisons on charts—features missing from Robinhood. Additionally, Fidelity supports viewing multiple time frames for charting, aligning with Robinhood in this regard. These advanced charting capabilities make Fidelity an appealing option for those who heavily rely on technical analysis for their investment strategies.

While Robinhood provides a straightforward mobile trading experience, suitable for novice traders or those who prefer simplicity, Fidelity delivers a richer set of tools and functionalities for seasoned investors. With the added advantage of more in-depth charting options and multimedia resources, Fidelity caters to users who seek to delve deeper into market analysis directly from their mobile devices. Thus, for investors looking for a more robust and feature-rich stock trading app, Fidelity may be the preferable choice.

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 as a more comprehensive option compared to Robinhood. Fidelity offers extensive resources, such as detailed research options in stocks, ETFs, mutual funds, Pink Sheets/OTCBB, and bonds. In contrast, Robinhood primarily focuses on stocks and ETFs, lacking access to mutual fund and bond research. Fidelity also incorporates advanced features like social media sentiment analysis and ESG research, which Robinhood does not provide. These extensive offerings contribute to Fidelity's higher market research rating of five stars, with a third-place ranking among 16 brokers by StockBrokers.com, compared to Robinhood's two-star rating and tenth-place ranking.

Fidelity excels in delivering a rich set of tools and resources tailored for both novice and experienced investors. Users of Fidelity can see their portfolio allocation by asset class and have access to 11 downloadable PDF research reports for stocks, as well as reports for ETFs. Robinhood users, on the other hand, do not have access to PDF reports and cannot see portfolio allocation by asset class, limiting their depth of research.

In terms of finding new trade ideas, Fidelity again has a broader array of screeners available, covering stocks, ETFs, mutual funds, and bonds. Robinhood provides a stock screener but lacks ETF and bond screeners, which could limit users looking for more diverse investment opportunities. Overall, if comprehensive research tools and a wide range of information are essential for your investment strategy, Fidelity is likely to meet those needs better than Robinhood.

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 16 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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Compare

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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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