Fidelity vs tastytrade 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.
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.
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.
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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 | Yes |
Crypto Trading | Yes | Yes |
Crypto Trading - Total Coins | 3 | 4 |
Range of Investments |
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Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025
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.
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Web Trading Platform | Yes | Yes |
Desktop Trading Platform | Yes | Yes |
Desktop Platform (Mac) | Yes | Yes |
Paper Trading | No | No |
Watch Lists - Total Fields | 92 | 33 |
Charting - Indicators / Studies | 129 | 308 |
Charting - Drawing Tools | 38 | 31 |
Platforms & Tools |
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Dive deeper: Best Online Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025
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.
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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 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.
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iPhone App | Yes | Yes |
Android App | Yes | Yes |
Apple Watch App | Yes | No |
Stock Alerts | Yes | No |
Charting - After-Hours | Yes | Yes |
Charting - Technical Studies | 119 | 0 |
Mobile Trading Apps |
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Dive deeper: Best Stock Trading Apps for 2025
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.
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Minimum Deposit | $0.00 | $0.00 |
Stock Trades | $0.00 | $0.00 |
Options (Per Contract) | $0.65 | $0.50 |
Options Exercise Fee | $0.00 | $5.00 |
Options Assignment Fee | $0.00 | $5.00 |
IRA Annual Fee | $0.00 | $0.00 |
IRA Closure Fee | $0.00 | $60.00 |
Dive deeper: Best Free Trading Platforms for 2025
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.
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Streaming Time & Sales | Yes | No |
Streaming TV | Yes | Yes |
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 | Yes |
Dive deeper: Best Day Trading Platforms for 2025
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.
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Research - Stocks | Yes | Yes |
Screener - Stocks | Yes | No |
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 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.
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Checking Accounts | No | No |
Savings Accounts | No | No |
Debit Cards | Yes | No |
Credit Cards | Yes | No |
Mortgage Loans | Yes | No |
CDs | Yes | No |
Dive deeper: Best Bank Accounts for Trading Stocks for 2025
After opening live accounts and testing 15 of the best online brokers, our research and live account testing finds that Fidelity is better than 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.
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
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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0 of 5Overall Rating | Fidelity | tastytrade | |
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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 | tastytrade Review |
Broker Screenshots | Fidelity | tastytrade | |
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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 | tastytrade | |
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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 | $0.50 | |
Futures (Per Contract) | (Not offered) | $1.25 | |
Broker Assisted Trade Fee | $32.95 | $0 |
Margin Rates | Fidelity | tastytrade | |
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Margin Rate Under $25,000 | 13.075% | 11% | |
Margin Rate $25,000 to $49,999.99 | 12.575% | 10.5% | |
Margin Rate $50,000 to $99,999.99 | 12.125% | 10% | |
Margin Rate $100,000 to $249,999.99 | 11.575% | 9.5% | |
Margin Rate $250,000 to $499,999.99 | 11.325% | 9% | |
Margin Rate $500,000 to $999,999.99 | 9.00% | 8.5% | |
Margin Rate Above $1,000,000 | 8.75% | 8% |
Account Fees | Fidelity | tastytrade | |
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IRA Annual Fee | $0.00 | $0.00 | |
IRA Closure Fee | $0.00 | $60.00 | |
Account Transfer Out (Partial) | $0.00 | $75.00 | |
Account Transfer Out (Full) | $0.00 | $75.00 | |
Options Exercise Fee | $0.00 | $5.00 | |
Options Assignment Fee | $0.00 | $5.00 |
Investment Options | Fidelity | tastytrade | |
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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 | Yes | |
Forex Trading | No | No | |
Crypto Trading | Yes | Yes | |
Crypto Trading - Total Coins | 3 | 4 | |
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 | tastytrade | |
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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 | No | |
Order Type - OCO | Yes | Yes | |
Order Type - OTO | Yes | Yes | |
Order Type - Broker Assisted | Yes | Yes |
Beginners | Fidelity | tastytrade | |
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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 | Yes | |
Progress Tracking | Yes | Yes | |
Interactive Learning - Quizzes | Yes | No |
Stock Trading Apps | Fidelity | tastytrade | |
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iPhone App | Yes | Yes | |
Android App | Yes | Yes | |
Apple Watch App | Yes | No | |
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 | tastytrade | |
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Market Movers (Top Gainers) | Yes | Yes | |
Stream Live TV | Yes | No | |
Videos on Demand | Yes | No | |
Stock Alerts | Yes | No | |
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 | tastytrade | |
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Charting - After-Hours | Yes | Yes | |
Charting - Can Turn Horizontally | Yes | Yes | |
Charting - Multiple Time Frames | Yes | Yes | |
Charting - Technical Studies | 119 | 0 | |
Charting - Study Customizations | Yes | No | |
Charting - Stock Comparisons | Yes | No |
Trading Platforms | Fidelity | tastytrade | |
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Active Trading Platform | Active Trader Pro | tastytrade | |
Desktop Trading Platform | Yes | Yes | |
Desktop Platform (Mac) | Yes | Yes | |
Web Trading Platform | Yes | Yes | |
Paper Trading | No | No | |
Trade Journal | Yes | No | |
Watch Lists - Total Fields | 92 | 33 |
Stock Chart Features | Fidelity | tastytrade | |
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Charting - Adjust Trades on Chart | Yes | Yes | |
Charting - Indicators / Studies | 129 | 308 | |
Charting - Drawing Tools | 38 | 31 | |
Charting - Notes | Yes | Yes | |
Charting - Index Overlays | Yes | Yes | |
Charting - Historical Trades | Yes | Yes | |
Charting - Corporate Events | Yes | Yes | |
Charting - Custom Date Range | Yes | No | |
Charting - Custom Time Bars | Yes | No | |
Charting - Automated Analysis | Yes | No | |
Charting - Save Profiles | Yes | Yes | |
Trade Ideas - Technical Analysis | Yes | No | |
Charting - Study Customizations | 5 | 7 | |
Charting - Custom Studies | No | Yes |
Day Trading | Fidelity | tastytrade | |
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Streaming Time & Sales | Yes | No | |
Streaming TV | Yes | Yes | |
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 | Yes | |
Order Liquidity Rebates | No | No |
Research Overview | Fidelity | tastytrade | |
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Research - Stocks | Yes | Yes | |
Research - ETFs | Yes | Yes | |
Research - Mutual Funds | Yes | No | |
Research - Pink Sheets / OTCBB | Yes | No | |
Research - Bonds | Yes | No | |
Screener - Stocks | Yes | No | |
Screener - ETFs | Yes | No | |
Screener - Mutual Funds | Yes | No | |
Screener - Bonds | Yes | No | |
Misc - Portfolio Allocation | Yes | Yes |
Stock Research | Fidelity | tastytrade | |
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Stock Research - PDF Reports | 11 | 0 | |
Stock Research - Earnings | Yes | No | |
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 | tastytrade | |
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ETFs - Strategy Overview | Yes | No | |
ETF Fund Facts - Inception Date | Yes | No | |
ETF Fund Facts - Expense Ratio | Yes | No | |
ETF Fund Facts - Net Assets | Yes | No | |
ETF Fund Facts - Total Holdings | Yes | No | |
ETFs - Top 10 Holdings | Yes | No | |
ETFs - Sector Exposure | Yes | No | |
ETFs - Risk Analysis | Yes | Yes | |
ETFs - Ratings | Yes | No | |
ETFs - Morningstar StyleMap | Yes | No | |
ETFs - PDF Reports | Yes | No |
Mutual Fund Research | Fidelity | tastytrade | |
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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 | tastytrade | |
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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 | 20 | |
Option Chains - Greeks | 5 | 5 | |
Option Chains - Quick Analysis | Yes | Yes | |
Option Analysis - P&L Charts | Yes | Yes | |
Option Probability Analysis | Yes | Yes | |
Option Probability Analysis Adv | Yes | Yes | |
Option Positions - Greeks | Yes | Yes | |
Option Positions - Greeks Streaming | Yes | Yes | |
Option Positions - Adv Analysis | Yes | Yes | |
Option Positions - Rolling | Yes | Yes | |
Option Positions - Grouping | Yes | Yes |
Banking | Fidelity | tastytrade | |
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Bank (Member FDIC) | No | No | |
Checking Accounts | No | No | |
Savings Accounts | No | No | |
Credit Cards | Yes | No | |
Debit Cards | Yes | No | |
Mortgage Loans | Yes | No |
Customer Service | Fidelity | tastytrade | |
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Phone Support (Prospect Customers) | Yes | Yes | |
Phone Support (Current Customers) | Yes | Yes | |
Email Support | Yes | Yes | |
Live Chat (Prospect Customers) | Yes | Yes | |
Live Chat (Current Customers) | Yes | Yes | |
24/7 Support | Yes | No |
Overall | Fidelity | tastytrade | |
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Platforms & Tools |
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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 | tastytrade Review |