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Comparison Fidelity vs Robinhood

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

Firstly, let’s compare commission fees provided by these brokers for regular transactions. Fidelity has a commission fee of $4.95, and Robinhood has a commission fee of commission-free. Let’s analyze the commission fees on trading options. Fidelity has a commission fee of $4.95 + $0.65, Robinhood has a commission fee of commission-free. 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, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided to customers by Fidelity and Stocks Trading, Options Trading, ETFs Trading, Crypto Trading are provided by Robinhood. As for platforms, Fidelity offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Robinhood offers 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. Fidelity was founded in 1946 in USA, and it is regulated by SEC, FINRA, FCA (UK). And Robinhood was founded in 2013 in USA, and it is regulated by SEC, FINRA. We can withdraw funds from Fidelity with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $10 (Bank Wire). And Robinhood provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is free. The time for withdrawal in Fidelity is immediate (Bank Wire), and that one in Robinhood is 5 days trading holding period for uninvested funds.

As a result, the rating of Fidelity is 4.3 stars versus that of Robinhood of 3.4 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
Fidelity
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
Robinhood
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Cryptocurrency
Fidelity
Stock
$4.95
ETFs
No Transaction Fee
Options
$4.95 + $0.65
Mutual Funds
No Transaction Fee
Bonds
$14
Cryptocurrency
N/A
Robinhood
Stock
Commission-free
ETFs
Commission-free
Options
Commission-free
Mutual Funds
N/A
Bonds
N/A
Cryptocurrency
Commission-free

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Crypto Trading
Fidelity
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Crypto Trading
Robinhood
Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Crypto Trading

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Fidelity
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Robinhood
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
Fidelity
Research & Analysis
Education
Robinhood
Research & Analysis
Education

Mobile App

Mobile App
Android App
iOS App
Fidelity
Android App
iOS App
Robinhood
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Fidelity
Minimum deposit
$0
Bank Wire
Visa/Mastercard
Robinhood
Minimum deposit
None
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
Fidelity
Bank Wire
Visa/Mastercard
Withdrawal Time
Immediate (Bank Wire)
Withdrawal Fee
$10 (Bank Wire)
Robinhood
Bank Wire
Visa/Mastercard
Withdrawal Time
5 days trading holding period for uninvested funds
Withdrawal Fee
Free

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Fidelity
Сountry of Origin
United States
Year Founded
1946
Regulated By
SEC, FINRA, FCA (UK)
Robinhood
Сountry of Origin
United States
Year Founded
2013
Regulated By
SEC, FINRA

Customer Service

Customer Service
Phone
Email
Live Chat
 
Fidelity
Phone
Yes
Email
Yes
Live Chat
No
Robinhood
Phone
No
Email
Yes
Live Chat
No

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