Comparison Fidelity vs Trading 212
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Fidelity vs Trading 212. Which of them: Fidelity or Trading 212 a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of Fidelity on regular transactions of the stock exchange is $4.95, and Trading 212 has a commission fee of 0. 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, ETFs Trading, Forex Trading are provided by Trading 212. Concerning the platforms, Fidelity uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Trading 212 uses 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 established in 1946 in United States, and it is regulated by SEC, FINRA, FCA (UK). And Trading 212 was established in 2004 in Bulgaria, and it is regulated by FCA, FSC. We can withdraw funds from Fidelity with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $10 (Bank Wire). And Trading 212 provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is 0. The time for withdrawal in Fidelity is immediate (Bank Wire), and that one in Trading 212 is 0-5 days.
Overall, Fidelity boasts 4.3 stars versus Trading 212 4.3 stars.