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Comparison E*TRADE vs Fidelity
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares E*TRADE vs Fidelity. Is E*TRADE or Fidelity a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of E*TRADE on regular transactions of the stock exchange is $6.95, and Fidelity has a commission fee of $4.95. When analyzing trading options, the commission fees of E*TRADE is $6.95 + $0.75 per contract, and that one of Fidelity is $4.95 + $0.65. The full online broker reviews contains more detailed information on the brokers’ commission fees.
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, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading, Robo Advisor are provided to customers by E*TRADE and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided by Fidelity. As for platforms, E*TRADE offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Fidelity offers 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. E*TRADE was established in 1982 in United States, and it is regulated by FINRA,. And Fidelity was established in 1946 in USA, and it is regulated by SEC, FINRA, FCA (UK). Withdrawal of funds from E*TRADE can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. 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 E*TRADE is 3 days, and that one for Fidelity is immediate (Bank Wire).
Overall, E*TRADE boasts 4.3 stars versus Fidelity 4.3 stars.