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Comparison Fidelity vs Vanguard
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Fidelity vs Vanguard. Is Fidelity or Vanguard 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 Vanguard has a commission fee of $7 per trade (first 25). Let’s analyze the commission fees on trading options. Fidelity has a commission fee of $4.95 + $0.65, Vanguard has a commission fee of $7+$1 per contract (first 25). You can read more detailed information on commission fees in the online broker reviews.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are Fidelity provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, and Vanguard provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading. As for platforms, Fidelity offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Vanguard offers Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Fidelity was established in 1946 in United States, and it is regulated by SEC, FINRA, FCA (UK). And Vanguard was established in 1975 in USA, and it is regulated by Various local Jurisdictions. We can withdraw funds from Fidelity with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $10 (Bank Wire). And Vanguard provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $10. The time for withdrawal in Fidelity is immediate (Bank Wire), and that one in Vanguard is 3 Business days.
Overall, Fidelity boasts 4.3 stars versus Vanguard 3.9 stars.