Comparison eToro vs Fidelity

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare eToro vs Fidelity. Which of them: eToro or Fidelity a better online broker?

First of all, we’ll compare the commission fees of the two brokers. eToro has a commission fee of 0.09% spread per side, and Fidelity has a commission fee of $4.95. You can read more detailed information on commission fees in the online broker reviews.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading are provided to customers by eToro and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided by Fidelity. Concerning the platforms, eToro uses Web Platform, Android App, iOS App, while Fidelity uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. eToro was founded in 2007 in Cyprus, and it is regulated by CySEC, FCA, ASIC. And Fidelity was founded in 1946 in USA, and it is regulated by SEC, FINRA, FCA (UK). Withdrawal of funds from eToro can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $25. And Fidelity provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of $10 (Bank Wire). The withdrawal time for eToro is within 1 business day, and that one for Fidelity is immediate (Bank Wire).

As a result, the rating of eToro is 4.5 stars versus that of Fidelity of 4.3 stars.