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Fidelity vs Tradier 2024

StockBrokers.com

Written by StockBrokers.com

October 30, 2024

In this head to head comparison of Fidelity vs Tradier, we will compare the trading platforms, mobile apps, investment options, 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
Tradier
4/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.35 info

Investment options

When evaluating investment options between Fidelity and Tradier, Fidelity emerges as the more comprehensive choice, offering a broader range of investment vehicles and additional services. With a five-star rating and a ranking of third among 18 brokers by StockBrokers.com, Fidelity supports stock trading, margin trading, fractional shares, OTC stocks, mutual funds, options, crypto trading, and both traditional and Roth IRA accounts. Tradier, while still a strong contender with a four-star rating and a thirteenth position in the rankings, offers stock, margin, mutual funds, options, and futures trading but lacks in areas such as fractional shares, OTC stocks, and cryptocurrency trading.

Both Fidelity and Tradier provide stock and margin trading, fulfilling the basic requirements for active traders. They similarly offer traditional and Roth IRA accounts, catering to clients seeking retirement solutions. When it comes to mutual funds and options trading, both brokers excel, ensuring that clients have access to a diverse array of investment strategies. However, Fidelity extends its offering with additional services such as advisor services and access to three cryptocurrency options, an advantage for investors interested in digital assets, whereas Tradier leaves a gap in crypto trading entirely.

Additionally, while Tradier includes futures trading in its arsenal, Fidelity does not. However, the absence of futures trading in Fidelity's offerings is offset by its access to fractional shares and OTC stocks, appealing to a broader range of investment strategies. This comprehensive package, combined with Fidelity’s inclusion of advisor services, positions the broker as a more versatile and accommodating choice for a wider spectrum of investor preferences, ultimately justifying its superior ranking and rating in the investment options category. Tradier, despite its limitations compared to Fidelity, remains a relevant choice, particularly for those interested in futures trading.

Feature Fidelity logoFidelity
Tradier logoTradier
Stock Trading info Yes Yes
Margin Trading Yes Yes
Fractional Shares info Yes No
OTC Stocks info Yes No
Mutual Funds info Yes Yes
Options Trading info Yes Yes
Futures Trading info No Yes
Crypto Trading info Yes No
Crypto Trading - Total Coins info 3 0
Investment Options 5/5 Stars 4/5 Stars

Dive deeper: Best Options Trading Platforms for 2024, Best Futures Trading Platforms for 2024

Trading platforms and tools

When comparing Fidelity to Tradier, Fidelity generally comes out ahead with a higher rating of 4.5 stars, ranked #3 out of 18 brokers by StockBrokers.com for its trading platforms and tools. Tradier, with a rating of 3.5 stars and ranked #10, offers some advantages but doesn't quite match the comprehensive offerings of Fidelity. For a well-rounded trading experience, Fidelity provides a more robust package, appealing features, and a higher level of customization that cater to traders looking for a versatile and powerful set of tools.

Fidelity offers a comprehensive suite of trading platforms, including Windows and Mac downloadable options, a browser-based platform, and a trading journal to keep track of trading activities. Although it does not offer paper trading, Fidelity compensates with 92 columns for watch lists and the ability to adjust open orders directly on stock charts. In terms of technical analysis, Fidelity impresses with 129 technical indicators, 38 drawing tools, and features like adding notes, index overlays, historical trades, and corporate events, alongside the capability to perform automated technical analysis and save multiple chart profiles.

Tradier, by contrast, provides a more basic browser-based platform without downloadable options for desktop users. It offers paper trading as a notable feature, which is absent in Fidelity, and presents 95 technical indicators. However, Tradier lacks drawing tools and the ability to adjust open orders on stock charts. It includes 3 columns for watch lists and supports some essential features like adding notes to charts and showing historical trades, but falls short in customization, with no support for index overlays, corporate events, custom date ranges, or automated technical analysis. Although Tradier offers 7 customization fields in an SMA study versus Fidelity's 5, neither platform supports creating custom studies for charts.

Feature Fidelity logoFidelity
Tradier logoTradier
Web Trading Platform info Yes Yes
Desktop Trading Platform info Yes No info
Desktop Platform (Mac) info Yes No info
Paper Trading info No Yes
Watch Lists - Total Fields info 92 3
Charting - Indicators / Studies info 129 95
Charting - Drawing Tools info 38 0
Platforms & Tools 4.5/5 Stars 3.5/5 Stars

Dive deeper: Best Stock Brokers & Trading Platforms for 2024, Best Paper Trading Platforms for 2024

Featured Offers


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Beginners and education

When comparing the beginner and investor education capabilities of Fidelity and Tradier, Fidelity stands out as a more comprehensive choice. Fidelity offers a rich array of educational resources, including stock, ETF, options, mutual funds, and bonds education. Their platform is also equipped with educational videos, webinars, and quizzes, enabling users to deeply engage with the material. Furthermore, Fidelity supports the ability to track learning progress, offering a structured path to financial literacy. Although lacking the feature of paper trading, Fidelity earns a commendable 5-star rating for education and is ranked #1 out of 18 brokers by StockBrokers.com.

In contrast, Tradier falls short in the educational domain, providing no dedicated education for stocks, ETFs, options, mutual funds, or bonds. The absence of educational videos, webinars, and quizzes also limits the learning opportunities for beginners. However, Tradier does offer paper trading, which gives users a hands-on experience without financial risk. Overall, Tradier is rated 2 stars for its educational offerings and is ranked #17 out of 18 brokers by StockBrokers.com, highlighting its limited focus on investor education compared to Fidelity.

Feature Fidelity logoFidelity
Tradier logoTradier
Education (Stocks) info Yes No
Education (ETFs) info Yes No
Education (Options) info Yes No
Education (Mutual Funds) info Yes No
Education (Bonds) info Yes No
Paper Trading info No Yes
Videos info Yes No
Webinars info Yes No
Education 5/5 Stars 2/5 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2024

Stock trading apps

For anyone seeking a versatile and user-friendly stock trading app, Fidelity clearly stands out as a more feature-rich choice compared to Tradier. With a five-star rating and a high ranking of #3 out of 18 brokers by StockBrokers.com, Fidelity's app offers comprehensive tools such as after-hours trading, streaming live TV, videos on demand, stock alerts, and customizable watch lists. Meanwhile, Tradier, while respectable with a four-star rating and a #15 ranking, falls short in offering many of these advanced capabilities that can be crucial for active traders.

Both Fidelity and Tradier provide mobile apps for iPhone and Android, enabling traders to access the platform of their choice. Fidelity further enhances mobility by offering an Apple Watch app, which Tradier lacks. In terms of charting, Fidelity provides after-hours charting, multiple time frames, 119 technical studies, and the ability to display stock comparisons—features that are either limited or unavailable with Tradier. Fidelity also allows customization of watch list columns and offers a landscape mode for charts, making for a richer user experience.

Streaming features present another dimension where Fidelity excels. Fidelity's app supports streaming live TV and videos on demand, two functionalities that Tradier does not provide. Additionally, Fidelity users benefit from stock alerts and after-hours stock trading, bringing the platform closer to real-time market operations. Tradier, while offering basic functionalities like mobile options trading and custom watch lists, doesn't match the depth of features available with Fidelity, making the latter a more well-rounded option for those who demand comprehensive trading functionalities.

Feature Fidelity logoFidelity
Tradier logoTradier
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 No
Charting - Technical Studies info 119 0
Mobile Trading Apps 5/5 Stars 4/5 Stars

Dive deeper: Best Stock Trading Apps for 2024

Fees

In evaluating Fidelity and Tradier based on account fees and other charges, each platform offers its unique advantages depending on your specific needs as an investor. Fidelity stands out with its zero-cost structure for IRA fees, account transfers, and options exercises and assignments, which could make a significant difference for long-term investors. Tradier, however, provides a more competitive rate for options trades at just $0.35 per contract, coupled with a considerably lower margin interest rate, making it appealing for traders who prioritize cost-efficiency in options trading and margin borrowing.

Both Fidelity and Tradier offer no minimum deposit requirement and charge $0.00 for regular stock trades, aligning well with industry standards. However, when it comes to options trading costs, Tradier holds the advantage at $0.35 per contract compared to Fidelity's $0.65 per contract fee, which could be beneficial for frequent options traders seeking lower-cost structures. On the other hand, margin traders might find Tradier's consistent 9.5% interest rate across various balance tiers more advantageous than Fidelity's higher percentage rates, especially within the lower balance tiers.

Additional charges can significantly impact an investor's choice of broker. Fidelity presents an edge with its no-fee policy for IRA annual and closure fees, as well as for account transfers (ACAT), whereas Tradier imposes a $30 IRA annual fee, a $60 IRA closure fee, and a $75 fee for both partial and full account transfers. Furthermore, Fidelity's zero fees for options exercises and assignments can provide substantial savings compared to Tradier's $9.00 fee for each. Therefore, investors need to consider these charges in conjunction with trading and margin costs to determine the most cost-effective platform for their investment strategy.

Feature Fidelity logoFidelity
Tradier logoTradier
Minimum Deposit $0.00 $0.00
Stock Trades $0.00 $0.00
Options (Per Contract) $0.65 $0.35 info
Options Exercise Fee $0.00 $9.00
Options Assignment Fee $0.00 $9.00
IRA Annual Fee $0.00 $30.00 info
IRA Closure Fee $0.00 $60.00
Commissions & Fees 5/5 Stars 4.5/5 Stars

Dive deeper: Best Free Trading Platforms for 2024

Day Trading

When comparing Fidelity and Tradier for day trading capabilities, Fidelity stands out with its comprehensive range of features specifically tailored for active traders. Fidelity offers streaming time and sales data for stocks, streaming live TV, and the ability to route orders directly to markets. This feature set is complemented by trading hotkeys for quick keyboard trade entries, level 2 quotes, and basic strategy backtesting capabilities, which are essential tools for day traders looking for a robust trading platform. Additionally, Fidelity provides a short locator tool for customers to view the real-time availability of shares available to short by security, addressing one of the critical needs for short-selling strategies.

In contrast, Tradier lacks many of the features that active traders value, such as streaming time and sales, streaming live TV, and direct market routing capabilities. Tradier does not offer trading hotkeys, level 2 quotes, or any form of strategy backtesting, neither basic nor advanced. Moreover, Tradier does not provide a short locator tool or order liquidity rebates. While both platforms lack ladder trading and order liquidity rebates, Fidelity’s suite of offerings is more aligned with the needs of day traders seeking a feature-rich environment to enhance their trading performance.

Feature Fidelity logoFidelity
Tradier logoTradier
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
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 2024

Market Research

When comparing Fidelity and Tradier in terms of market research capabilities, Fidelity clearly takes the lead. Fidelity offers a comprehensive suite of research tools and data that spans across stocks, ETFs, mutual funds, pink sheets, OTCBB, and bonds. In contrast, Tradier's offerings are notably limited, lacking resources for mutual funds, OTCBB, and bonds research. Fidelity also distinguishes itself with advanced features like social media sentiment analysis and ESG research, and provides a robust collection of downloadable PDF reports for stocks and ETFs. Tradier, meanwhile, does not provide downloadable research reports, placing it at a disadvantage for investors seeking in-depth market insights.

Fidelity enhances its investment research experience with tools that allow clients to evaluate portfolio allocation by asset class, stock screeners, and ETF screeners, which facilitate informed trade ideas. Additionally, Fidelity users benefit from an impressive selection of 11 downloadable PDF research reports for stocks, enabling them to make data-driven decisions. Tradier lacks these essential research tools and downloadable resources, which could hinder an investor's ability to conduct thorough market analysis.

From a ratings perspective, Fidelity's market research offerings earn a commendable 5 out of 5 stars, while Tradier receives a lesser 2.5-star rating. Furthermore, in the rankings provided by StockBrokers.com, Fidelity is positioned at #5 out of 18 brokers for market research, signaling its strong standing within the industry. Tradier, however, finds itself near the lower end of the spectrum at #16, reflecting the need for substantial improvements in its market research capabilities. Ultimately, investors prioritizing comprehensive research and robust analytical tools are likely to find Fidelity's offerings far superior to those of Tradier.

Feature Fidelity logoFidelity
Tradier logoTradier
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 2.5/5 Stars

Banking

When comparing the banking capabilities of online brokers Fidelity and Tradier, there are notable differences and similarities. Neither Fidelity nor Tradier offer checking or savings accounts, which may be a consideration for customers seeking comprehensive banking services. However, Fidelity does provide customers with debit cards, credit cards, and mortgage loan options, enhancing its offerings beyond standard brokerage services. In contrast, Tradier does not offer debit cards, credit cards, or mortgage loans. Furthermore, Fidelity allows access to Certificates of Deposit (CDs), while Tradier does not provide this investment option. This distinction positions Fidelity as a slightly more versatile option for those wanting integrated banking and brokerage services, although both platforms fulfill different needs depending on the user's requirements.

Feature Fidelity logoFidelity
Tradier logoTradier
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 2024

Winner

After opening live accounts and testing 18 of the best online brokers, our research and live account testing finds that Fidelity is better than Tradier. Fidelity finished with an overall score of 98.7%, while Tradier finished with a score of 77.0%.

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 Tradier?

Fidelity provides crypto trading with access to 3 different coins, while Tradier does not offer any cryptocurrency trading options.

Dive deeper: Best Online Brokers for Crypto Trading in 2024

Does Fidelity or Tradier offer IRAs?

Fidelity and Tradier both offer traditional and Roth IRA accounts, but Fidelity distinguishes itself by charging no annual fees or closure fees, whereas Tradier imposes a $30 annual fee and a $60 closure fee for IRA accounts.

Dive deeper: Best IRA Accounts for 2024

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Compare

0 of 5
Overall Rating Fidelity Tradier
Overall 5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars
Investment Options 5/5 Stars 4/5 Stars
Platforms & Tools 4.5/5 Stars 3.5/5 Stars
Mobile Trading Apps 5/5 Stars 4/5 Stars
Research 5/5 Stars 2.5/5 Stars
Customer Service 4.5/5 Stars 3.5/5 Stars
Education 5/5 Stars 2/5 Stars
Ease Of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review Fidelity Review Tradier Review
Broker Screenshots Fidelity Tradier
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 Tradier
Minimum Deposit $0.00 $0.00
Stock Trades $0.00 $0.00
Penny Stock Fees (OTC) info $0.00 N/A
Mutual Fund Trade Fee Varies info $30 info
Options (Per Contract) $0.65 $0.35 info
Futures (Per Contract) (Not offered) $1.50 info
Broker Assisted Trade Fee $32.95 $10
Margin Rates Fidelity Tradier
Margin Rate Under $25,000 13.075% 9.5%
Margin Rate $25,000 to $49,999.99 12.575% 9.5%
Margin Rate $50,000 to $99,999.99 12.125% 9.5%
Margin Rate $100,000 to $249,999.99 11.575% 9.5%
Margin Rate $250,000 to $499,999.99 11.325% 9.5%
Margin Rate $500,000 to $999,999.99 9.00% 9.5%
Margin Rate Above $1,000,000 8.75% 9.5%
Account Fees Fidelity Tradier
IRA Annual Fee $0.00 $30.00 info
IRA Closure Fee $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 $0.00 $9.00
Options Assignment Fee $0.00 $9.00
Investment Options Fidelity Tradier
Stock Trading info Yes Yes
Margin Trading Yes Yes
Fractional Shares info Yes No
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 No
Crypto Trading - Total Coins info 3 0
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 Tradier
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 Tradier
Education (Stocks) info Yes No
Education (ETFs) info Yes No
Education (Options) info Yes No
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 No
Paper Trading info No Yes
Videos info Yes No
Webinars info Yes No
Webinars (Archived) info Yes No
Progress Tracking info Yes No
Interactive Learning - Quizzes info Yes No
Stock Trading Apps Fidelity Tradier
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 No
Stock App Features Fidelity Tradier
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 No
Watch Lists - Create & Manage info Yes Yes
Watch Lists - Column Customization info Yes No
Stock App Charting Fidelity Tradier
Charting - After-Hours info Yes No
Charting - Can Turn Horizontally info Yes No
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 Tradier
Active Trading Platform info Active Trader Pro TradeHawk
Desktop Trading Platform info Yes No info
Desktop Platform (Mac) info Yes No info
Web Trading Platform info Yes Yes
Paper Trading info No Yes
Trade Journal info Yes No
Watch Lists - Total Fields info 92 3
Stock Chart Features Fidelity Tradier
Charting - Adjust Trades on Chart info Yes No
Charting - Indicators / Studies info 129 95
Charting - Drawing Tools info 38 0
Charting - Notes info Yes Yes
Charting - Index Overlays info Yes No
Charting - Historical Trades info Yes Yes
Charting - Corporate Events info Yes No
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 No
Trade Ideas - Technical Analysis info Yes No
Charting - Study Customizations info 5 7
Charting - Custom Studies info No No
Day Trading Fidelity Tradier
Streaming Time & Sales info Yes No
Streaming TV info Yes No
Direct Market Routing - Stocks info Yes No
Ladder Trading info No No
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 No
Order Liquidity Rebates info No No
Research Overview Fidelity Tradier
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 No
Stock Research Fidelity Tradier
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 No
Stock Research - ESG info Yes No
Stock Research - SEC Filings info Yes No
ETF Research Fidelity Tradier
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 No
ETFs - Ratings info Yes No
ETFs - Morningstar StyleMap info Yes No
ETFs - PDF Reports info Yes No
Mutual Fund Research Fidelity Tradier
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 Tradier
Option Chains - Basic View info Yes Yes
Option Chains - Strategy View info Yes No
Option Chains - Streaming info Yes No
Option Chains - Total Columns info 26 8
Option Chains - Greeks info 5 1
Option Chains - Quick Analysis info Yes Yes
Option Analysis - P&L Charts info Yes No
Option Probability Analysis info Yes No
Option Probability Analysis Adv info Yes No
Option Positions - Greeks info Yes No
Option Positions - Greeks Streaming info Yes No
Option Positions - Adv Analysis info Yes No
Option Positions - Rolling info Yes No
Option Positions - Grouping info Yes No
Banking Fidelity Tradier
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 Tradier
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 No
Live Chat (Current Customers) info Yes No
24/7 Support info Yes No
Overall Fidelity Tradier
Overall 5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars
Investment Options 5/5 Stars 4/5 Stars
Platforms & Tools 4.5/5 Stars 3.5/5 Stars
Mobile Trading Apps 5/5 Stars 4/5 Stars
Research 5/5 Stars 2.5/5 Stars
Education 5/5 Stars 2/5 Stars
Ease Of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review Fidelity Review Tradier Review
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