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.
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 |
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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 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.
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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: 7 Best Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025
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.
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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 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.
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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.
Feature |
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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 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 |
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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.
Feature |
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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 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.
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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Overall |
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Range of Investments |
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Platforms & Tools |
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Mobile Trading Apps |
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Research |
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Customer Service |
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Education |
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Ease Of Use |
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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 | |
---|---|---|---|
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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Mobile Trading Apps |
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Research |
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Education |
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Ease Of Use |
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Winner | check_circle | ||
Review | Fidelity Review | Robinhood Review |