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Fidelity vs tastytrade 2025

StockBrokers.com

Written by StockBrokers.com

March 11, 2025

In this head to head comparison of Fidelity vs tastytrade, 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
tastytrade
4/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.50 info

Range of investments

When comparing Fidelity and tastytrade, Fidelity emerges as the preferred choice for individuals seeking a broader range of investment options. It boasts a comprehensive offering that includes stock trading, margin trading, fractional shares, and options trading, alongside unique opportunities such as mutual funds and over-the-counter (OTC) stocks. Tastytrade, on the other hand, also provides a well-rounded service with stock, margin, fractional shares, and options trading as its highlight. However, it lacks access to mutual funds and OTC stocks. Fidelity's expansive range earns it a 5-star rating for investment variety, securing the #3 spot out of 15 brokers ranked by StockBrokers.com, while tastytrade holds a 4-star rating and the #10 position.

Both Fidelity and tastytrade offer crypto trading, though Fidelity provides access to three coins, while tastytrade offers a slightly broader selection with four. In terms of retirement accounts, each platform offers traditional and Roth IRAs, catering to individuals planning for their financial future. Fidelity takes a step further with advisor services, offering personalized guidance that tastytrade does not currently match, making it an advantageous option for investors seeking professional advice.

Additionally, those interested in futures trading might find tastytrade more appealing, as this is an area Fidelity does not cover. However, neither broker offers forex trading. Ultimately, your choice between these two brokers may hinge on individual investment goals and preferences, with Fidelity standing out for a more diverse array of investments and personalized assistance.

Feature Fidelity logoFidelity
tastytrade logotastytrade
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info Yes Yes info
OTC Stocks info Yes No
Mutual Funds info Yes No
Options Trading info Yes Yes
Futures Trading info No Yes
Crypto Trading info Yes Yes
Crypto Trading - Total Coins info 3 4
Range of Investments 5/5 Stars 4/5 Stars

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

Trading platforms and tools

When weighing the trading platforms and tools of Fidelity against tastytrade, both online brokers offer compelling options, though there are notable distinctions that may sway a trader’s decision. Fidelity holds a slight edge, with a higher rating and ranking attributed to its comprehensive tools, while tastytrade excels in certain specialized areas like technical indicators. Ultimately, the choice between the two depends on whether the trader prioritizes broader customization options or a more diverse set of technical tools.

Fidelity and tastytrade both provide downloadable trading platforms for Windows and Mac, alongside browser-based platforms, ensuring accessibility regardless of your setup. While neither broker offers paper trading, Fidelity sets itself apart by including a trading journal, which is absent from tastytrade’s offerings. When it comes to watch lists, Fidelity offers a more expansive array of fields with 92 options compared to tastytrade’s 33, catering to traders who desire greater detail and flexibility.

For charting, tastytrade shines with an impressive 308 technical indicators, significantly outpacing Fidelity’s 129. However, Fidelity offers a wider range of drawing tools and the ability to set custom date ranges for charts—features not fully matched by tastytrade. Although Fidelity lacks the ability to create custom studies, which tastytrade provides, it offers more customization fields when editing SMA studies. Both brokers allow chart notes, index overlays, historical trades, and corporate events to be displayed, along with saving multiple chart profiles, ensuring comprehensive data visualization for traders.

Feature Fidelity logoFidelity
tastytrade logotastytrade
Web Trading Platform info Yes Yes
Desktop Trading Platform info Yes Yes
Desktop Platform (Mac) info Yes Yes
Paper Trading info No No
Watch Lists - Total Fields info 92 33
Charting - Indicators / Studies info 129 308
Charting - Drawing Tools info 38 31
Platforms & Tools 4.5/5 Stars 4/5 Stars

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

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Beginners and education

Fidelity shines as an educational resource for beginner investors, offering a comprehensive range of learning tools that cater to various investment interests. Their educational content covers stocks, ETFs, options, mutual funds, and bonds, providing a solid foundation for novices. Fidelity also enhances the learning experience with interactive elements such as educational videos, quizzes, and webinars, along with progress tracking to monitor advancement. This robust offering has earned Fidelity a stellar 5-star rating for education and a notable #2 ranking among 15 brokers according to StockBrokers.com.

In comparison, tastytrade provides a solid platform for those interested in learning about stocks, ETFs, and options, supported by webinars and a learning progress tracker. However, it lacks educational resources for mutual funds and bonds, as well as features like paper trading and quizzes, which may limit the depth of learning for beginners. While tastytrade boasts quality resources, their focus on a narrower range of topics and fewer interactive tools results in a 4-star educational rating and a #10 placement in StockBrokers.com's broker rankings for education.

Feature Fidelity logoFidelity
tastytrade logotastytrade
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 it comes to stock trading apps, Fidelity generally leads the pack compared to tastytrade. Both platforms offer solid Android and iPhone apps, complete with mobile options trading and customizable watchlist features. However, Fidelity goes the extra mile with additional functionalities like an Apple Watch app, mobile after-hours stock trading, streaming live TV, on-demand videos, and stock alerts, none of which are available on tastytrade. With a rating of five stars, Fidelity is ranked third out of 15 brokers for stock trading apps by StockBrokers.com, while tastytrade, with a respectable rating of 4.5 stars, ranks tenth.

Both Fidelity and tastytrade provide the essential stock trading capabilities that investors have come to expect. They each offer streaming quotes, after-hours charting, and the ability to view charts in landscape mode, along with multiple time frames for charting. Investors can also create and customize watch lists on both platforms, catering to various trading styles and strategies. However, Fidelity shines brighter in offering more comprehensive technical studies, boasting 119 different studies in its mobile app, compared to tastytrade's absence of these analytical tools.

Charting options are another area where Fidelity sets itself apart, providing the capability to display stock comparisons directly in its mobile app. While tastytrade presents a robust platform that meets the basic needs of stock traders, Fidelity's extended features and higher customization options make it an appealing choice for those seeking a more all-encompassing trading experience. Whether you’re an active trader or a budding investor, Fidelity’s mobile app extends a richer toolkit to fit diverse trading needs.

Feature Fidelity logoFidelity
tastytrade logotastytrade
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes No
Stock Alerts info Yes No
Charting - After-Hours info Yes Yes
Charting - Technical Studies info 119 0
Mobile Trading Apps 5/5 Stars 4.5/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

When considering Fidelity and tastytrade for your online brokerage needs, cost efficiency plays a vital role in decision-making. Both platforms offer attractive zero-dollar minimum deposits and commission-free stock trading, making them appealing choices for budget-conscious investors. However, tastytrade emerges as the more economical option for options traders, with a lower fee per contract. Despite tastytrade's competitive edge in some areas, Fidelity shines with its free account transfer and options event services, which could make a notable difference for those frequently utilizing such features.

Fidelity and tastytrade both offer $0 minimum deposits and free regular stock trading, making entry into investing accessible. For options trading, Fidelity charges a fee of $0.65 per contract, while tastytrade is slightly more affordable at $0.50 per contract. This subtle price difference can add up for frequent options investors. Furthermore, when it comes to margin balances, tastytrade generally offers lower interest rates, making it a potentially better choice for those considering borrowing against their portfolios.

In the area of other charges, Fidelity stands out by not imposing any fees on IRA maintenance or closure, account transfer services, and options events like exercise or assignment. Tastytrade, in contrast, does charge for IRA closures and both partial and full account transfers, as well as for options exercise and assignment, adding potential extra costs to consider. Investors need to weigh these differences based on their trading habits and decide which broker’s fee structure aligns better with their financial strategy.

Feature Fidelity logoFidelity
tastytrade logotastytrade
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Options (Per Contract) info $0.65 $0.50 info
Options Exercise Fee info $0.00 $5.00
Options Assignment Fee info $0.00 $5.00
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $60.00

Dive deeper: Best Free Trading Platforms for 2025

Day Trading

When it comes to day trading, Fidelity and tastytrade provide distinct advantages suited to different trading needs. Fidelity stands out with its comprehensive tools such as streaming time and sales for stocks, direct market routing, and level 2 quotes. It also leverages trading hotkeys for faster entry and provides basic strategy backtesting to aid in refining trading tactics. Moreover, Fidelity users benefit from streaming live TV, which can keep them informed of market news in real time, and a short locator tool that aids in managing short sales efficiently.

On the other hand, tastytrade appeals to day traders looking for a unique approach. While it does not offer streaming time and sales or direct market routing, tastytrade excels with its ladder trading feature, providing an interactive way to visualize market depth. Tastytrade also offers streaming live TV and a short locator tool, enabling traders to stay current with news and manage short positions effectively. However, it lacks in areas such as trading hotkeys, level 2 quotes, and any form of strategy backtesting, which might be limiting for traders looking for a broader range of strategic options. Both platforms do not offer order liquidity rebates, focusing on other strengths to attract day traders.

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

Dive deeper: Best Day Trading Platforms for 2025

Market Research

When comparing the market research capabilities of Fidelity and tastytrade, it's clear that Fidelity holds the advantage. Fidelity offers comprehensive research across a wider range of assets, such as stocks, ETFs, bonds, and mutual funds, giving it a significant edge. With features like downloadable PDF research reports, stock screeners, and the innovative use of social media sentiment data, Fidelity is rated 5 stars and ranks third out of 15 brokers by StockBrokers.com. On the other hand, tastytrade trails with a 1.5-star rating and a thirteenth-place rank, indicating that it may not be the top choice for in-depth market research seekers.

Fidelity shines with its diverse research offerings. It provides insights into lesser-known markets like Pink Sheets and OTCBB and offers extensive tools for evaluating traditional investments such as stocks, ETFs, and bonds. Additionally, Fidelity's integration of ESG research appeals to environmentally and socially conscious investors. Users can benefit from an impressive array of downloadable PDF reports and screeners dedicated to generating trade ideas, enhancing the user experience and enabling informed investment decisions.

In contrast, tastytrade's research capabilities are more limited, focusing less on downloadable reports and sophisticated screeners. While it does offer insights into stocks and ETFs, it lacks mutual fund and bond research opportunities. Notably, tastytrade does not employ social media sentiment data for stock analysis and does not cater to users interested in ESG factors. Consequently, while tastytrade allows for portfolio allocation viewing, its research features are less comprehensive compared to those provided by Fidelity.

Feature Fidelity logoFidelity
tastytrade logotastytrade
Research - Stocks info Yes Yes
Screener - Stocks info Yes No
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 1.5/5 Stars

Banking

When comparing the banking capabilities of Fidelity and tastytrade, there are notable differences to consider for those exploring online brokers. Neither Fidelity nor tastytrade offer traditional checking or savings accounts, which might be a drawback for users seeking comprehensive banking solutions. However, Fidelity provides some additional financial products, such as debit and credit cards, which tastytrade does not offer. This could be advantageous for clients who prefer managing their assets alongside rewards or convenience in purchases. Fidelity also extends its offerings with mortgage loans and certificates of deposit (CDs), whereas tastytrade does not provide these services. These distinctions highlight Fidelity as a more versatile option for those looking to integrate investment brokerage with certain banking needs.

Feature Fidelity logoFidelity
tastytrade logotastytrade
Checking Accounts info No No
Savings Accounts info No No
Debit Cards info Yes No
Credit Cards info Yes No
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 tastytrade. Fidelity finished with an overall score of 96.2%, while tastytrade finished with a score of 80.1%.

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 tastytrade?

Both Fidelity and tastytrade offer crypto trading, with Fidelity providing access to 3 coins and tastytrade offering a selection of 4 coins, making them competitive choices for investors interested in cryptocurrency.

Dive deeper: Best Online Brokers for Crypto Trading in 2025

Does Fidelity or tastytrade offer IRAs?

Both Fidelity and tastytrade offer traditional and Roth IRA accounts with no annual fees, providing accessible retirement saving options for investors. However, Fidelity stands out by not charging a closure fee for IRA accounts, unlike tastytrade, which imposes a $60.00 fee.

Dive deeper: Best IRA Accounts for 2025

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Compare

0 of 5
Overall Rating Fidelity tastytrade
Overall 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 4/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading Apps 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 1.5/5 Stars
Customer Service 4.5/5 Stars 4.0/5 Stars
Education 5/5 Stars 4/5 Stars
Ease Of Use 5/5 Stars 5/5 Stars
Winner check_circle
Review Fidelity Review tastytrade Review
Broker Screenshots Fidelity tastytrade
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 tastytrade
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 info
Options (Per Contract) info $0.65 $0.50 info
Futures (Per Contract) info (Not offered) $1.25
Broker Assisted Trade Fee info $32.95 $0
Margin Rates Fidelity tastytrade
Margin Rate Under $25,000 info 13.075% 11%
Margin Rate $25,000 to $49,999.99 info 12.575% 10.5%
Margin Rate $50,000 to $99,999.99 info 12.125% 10%
Margin Rate $100,000 to $249,999.99 info 11.575% 9.5%
Margin Rate $250,000 to $499,999.99 info 11.325% 9%
Margin Rate $500,000 to $999,999.99 info 9.00% 8.5%
Margin Rate Above $1,000,000 info 8.75% 8%
Account Fees Fidelity tastytrade
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $60.00
Account Transfer Out (Partial) info $0.00 $75.00
Account Transfer Out (Full) info $0.00 $75.00
Options Exercise Fee info $0.00 $5.00
Options Assignment Fee info $0.00 $5.00
Investment Options Fidelity tastytrade
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info Yes Yes info
OTC Stocks info Yes No
Options Trading info Yes Yes
Complex Options Max Legs info 4 4
Futures Trading info No Yes
Forex Trading info No No
Crypto Trading info Yes Yes
Crypto Trading - Total Coins info 3 4
Mutual Funds (No Load) info 5843 0
Mutual Funds (Total) info 10000 0
Bonds (US Treasury) info Yes No info
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 tastytrade
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 No
Order Type - OCO info Yes Yes
Order Type - OTO info Yes Yes
Order Type - Broker Assisted info Yes Yes
Beginners Fidelity tastytrade
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 Yes
Progress Tracking info Yes Yes
Interactive Learning - Quizzes info Yes No
Stock Trading Apps Fidelity tastytrade
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes No
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 tastytrade
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info Yes No
Videos on Demand info Yes No
Stock Alerts info Yes No
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 tastytrade
Charting - After-Hours info Yes Yes
Charting - Can Turn Horizontally info Yes Yes
Charting - Multiple Time Frames info Yes Yes
Charting - Technical Studies info 119 0
Charting - Study Customizations info Yes No
Charting - Stock Comparisons info Yes No
Trading Platforms Fidelity tastytrade
Active Trading Platform info Active Trader Pro tastytrade
Desktop Trading Platform info Yes Yes
Desktop Platform (Mac) info Yes Yes
Web Trading Platform info Yes Yes
Paper Trading info No No
Trade Journal info Yes No
Watch Lists - Total Fields info 92 33
Stock Chart Features Fidelity tastytrade
Charting - Adjust Trades on Chart info Yes Yes
Charting - Indicators / Studies info 129 308
Charting - Drawing Tools info 38 31
Charting - Notes info Yes Yes
Charting - Index Overlays info Yes Yes
Charting - Historical Trades info Yes Yes
Charting - Corporate Events info Yes Yes
Charting - Custom Date Range info Yes No
Charting - Custom Time Bars info Yes No
Charting - Automated Analysis info Yes No
Charting - Save Profiles info Yes Yes
Trade Ideas - Technical Analysis info Yes No
Charting - Study Customizations info 5 7
Charting - Custom Studies info No Yes
Day Trading Fidelity tastytrade
Streaming Time & Sales info Yes No
Streaming TV info Yes Yes
Direct Market Routing - Stocks info Yes No
Ladder Trading info No Yes
Trade Hotkeys info Yes No
Level 2 Quotes - Stocks info Yes No
Trade Ideas - Backtesting info Yes No
Trade Ideas - Backtesting Adv info No No
Short Locator info Yes Yes
Order Liquidity Rebates info No No
Research Overview Fidelity tastytrade
Research - Stocks info Yes Yes
Research - ETFs info Yes Yes
Research - Mutual Funds info Yes No
Research - Pink Sheets / OTCBB info Yes No
Research - Bonds info Yes No
Screener - Stocks info Yes No
Screener - ETFs info Yes No
Screener - Mutual Funds info Yes No
Screener - Bonds info Yes No
Misc - Portfolio Allocation info Yes Yes
Stock Research Fidelity tastytrade
Stock Research - PDF Reports info 11 0
Stock Research - Earnings info Yes No
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 tastytrade
ETFs - Strategy Overview info Yes No
ETF Fund Facts - Inception Date info Yes No
ETF Fund Facts - Expense Ratio info Yes No
ETF Fund Facts - Net Assets info Yes No
ETF Fund Facts - Total Holdings info Yes No
ETFs - Top 10 Holdings info Yes No
ETFs - Sector Exposure info Yes No
ETFs - Risk Analysis info Yes Yes
ETFs - Ratings info Yes No
ETFs - Morningstar StyleMap info Yes No
ETFs - PDF Reports info Yes No
Mutual Fund Research Fidelity tastytrade
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 tastytrade
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 20
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 Yes
Option Probability Analysis Adv info Yes Yes
Option Positions - Greeks info Yes Yes
Option Positions - Greeks Streaming info Yes Yes
Option Positions - Adv Analysis info Yes Yes
Option Positions - Rolling info Yes Yes
Option Positions - Grouping info Yes Yes
Banking Fidelity tastytrade
Bank (Member FDIC) info No No
Checking Accounts info No No
Savings Accounts info No No
Credit Cards info Yes No
Debit Cards info Yes No
Mortgage Loans info Yes No
Customer Service Fidelity tastytrade
Phone Support (Prospect Customers) info Yes Yes
Phone Support (Current Customers) info Yes Yes
Email Support info Yes Yes
Live Chat (Prospect Customers) info Yes Yes
Live Chat (Current Customers) info Yes Yes
24/7 Support info Yes No
Overall Fidelity tastytrade
Overall 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 4/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading Apps 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 1.5/5 Stars
Education 5/5 Stars 4/5 Stars
Ease Of Use 5/5 Stars 5/5 Stars
Winner check_circle
Review Fidelity Review tastytrade Review
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