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Home > Stock Brokers > Compare > Fidelity Investments vs. TD Ameritrade
Back to Compare

Fidelity Investments vs. TD Ameritrade

Online brokerage services have existed for over 20 years. Trading investments today has never been cheaper. So while the race towards cheap trades (in some cases free) is happening, other functionality is becoming more important when selecting a stock broker.

For this review, I compare Fidelity Investments and TD Ameritrade. Which one is better depends on your needs? So let's examine the major features first.

We've determined with online brokerages the most critical feature customers care about is the cost per trade. The second most important feature is the minimum deposit, and the last is if the broker offers mutual funds. Let's look at how Fidelity Investments and TD Ameritrade stack up against each other on these points.

To start, we will consider the minimum investment required for both applications. In other words, how much does one need to invest to use the service? Out of the two, TD Ameritrade minimum investment of $0 is smaller than the deposit of required by Fidelity Investments.

Next I'll consider cost per trade for both brokers. Out of the two, Fidelity Investments is cheaper per trade at $4.95 than TD Ameritrade at $6.95/trade.

Both Fidelity Investments and TD Ameritrade offer mutual funds. So this feature isn't a clear difference between the stock brokers.

Overall, Fidelity Investments rates 9.5 out of 10, while TD Ameritrade ranks 9 out of 10. For more information on either, you can read our full reviews on Fidelity Investments and TD Ameritrade.

Stock Brokers

Recommended

Fidelity Investments

Recommended

TD Ameritrade

ReviewFidelity Investments ReviewTD Ameritrade Review

Overall rating as by Investor Junkie.

Rating
9.5/10
9/10
Commissions & Fees
9/10
8.5/10
Customer Service
9/10
9/10
Ease of Use
8.5/10
9/10
Tools & Resources
9/10
9/10
Amount of Deals
9/10
10/10
Account Options
8.5/10
8/10
PromotionsNoneTrade Free for 60 Days + Get Up to $600 Cash
Minimum Investment$2,500$0
Stock Trades$4.95/trade$6.95/trade
Options Trades$4.95/trade + $0.65/contract$6.95/trade + $0.75/contract
Mutual FundsYesYes
Investment TypesStocks, ETFs, Mutual Funds, BondsStocks, Penny Stocks, ETFs, Mutual Funds, Bonds, FOREX, Futures
Accounts
  • Taxable
  • Joint
  • Roth IRA
  • Traditional IRA
  • Rollover IRA
  • Custodial
  • SEP IRA
  • SIMPLE IRA
  • 401(k)
  • Solo 401(k)
  • Trusts
  • Limited Parternships
  • Partnerships
  • Non-Profit
  • 529
  • Coverdell
  • Annuities
  • Checking
  • Savings
  • Money Market
  • CDs
    • Taxable
    • Joint
    • Roth IRA
    • Traditional IRA
    • Rollover IRA
    • Custodial
    • SEP IRA
    • SIMPLE IRA
    • 401(k)
    • Solo 401(k)
    • Trusts
    • Limited Parternships
    • Partnerships
    • Non-Profit
    • 529
    • Coverdell
    • Annuities
    • Checking
    • Savings
    • Money Market
    • CDs
      AccessWebsite, iOS App, Apple Watch, Android AppWebsite, iOS App, Apple Watch, Android App
      Broker Assisted TradeYesYes
      Virtual TradesYesYes
      No Fee ETFsYesYes
      Customer ServiceYesYes
      AutotradingNoNo

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      About Fidelity Investments

      Fidelity is a full-featured discount brokerage service that includes virtually every investment and banking service you need. The mobile app is also one of the best for trading on the go. However, the service is slow to roll out new features.

      About TD Ameritrade

      Get complete access to all kinds of investment options with relatively low pricing from TD Ameritrade. One of its biggest advantages is it requires no minimum deposit to open an account. This is the closest we can find to a perfect online broker.

      Other Comparisons

      • Fidelity vs. Vanguard
      • E*TRADE vs. TD Ameritrade
      • Fidelity vs. TD Ameritrade
      • Charles Schwab vs. Fidelity
      • Charles Schwab vs. Vanguard
      • E*TRADE vs. Robinhood
      Back to Compare
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      Larry Ludwig
      Author: Larry Ludwig
      Updated: March 26, 2018
      Category: Stock Brokers

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