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Fidelity vs TD Ameritrade

Fidelity is a cash management account with a decent APY. How does it compare to TD Ameritrade? Read our comparison chart below.

Fidelity offers stock trades at $0 per trade and more than 180 branch locations. There is no minimum deposit.

While TD Ameritrade offers $0 commission online stock, ETF, and option trades. This online broker also has more than 100 branch locations. There is no minimum deposit, no maintenance fee, and no inactivity fee.

Compare Fidelity with TD Ameritrade, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 

Fidelity

TD Ameritrade

SPECIAL OFFER
Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More

Read Fidelity Review

OFFER
Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More

Read TD Ameritrade Review

 

Benefits and Features

Stock Trading
$0
$0 commission for online stock, ETF, and option trades
Options Trading
$0.65 per contract
$0.65 per contract
Annual Fee
None
 
Cryptocurrency Trading
$0
Yes
Minimum Deposit 
$0
Mutual Fund Trading
Yes
Up to $49.95 or $74.95 for buys. $0 for sells
Commission Free ETFs 
550+ Commission-Free ETFs
Live Chat Support 
Yes
Penny Stocks 
Check
Broker Assisted Trades 
$25
Inactivity Fee
$0
$0
Maintenance Fee
$0
$0
Online Platform 
Yes
Banking
No
Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing.
Mobile App
Yes
Yes
Desktop App 
Thinkorswim
Forex Trading 
Yes
Futures Trading $2.25 per contract (plus exchange & regulatory fees)
Bond Trading 
Yes
CFD Trading 
No
Currency Trading 
Yes
Customer Service 
(800) 669-3900 (Open 24/7)
Locations More than 100 locations in 34 states
Seminars 
Online webcast
Trading Platform 
thinkorswim
Virtual Trading 
Yes
 

CreditDonkey® Reviews

SavingsStarStarStarEmpty StarEmpty Star
FeesStarStarStarStarStar
Mobile AppStarStarStarStarEmpty StarStarStarStarStarStar
Customer ServiceStarStarStarStarEmpty Star
Stock TradingStarStarStarHalf StarEmpty Star
Options TradingStarStarStarStarEmpty Star
BankingStarStarStarStarEmpty Star
Commissions and FeesStarStarStarHalf StarEmpty Star
Ease of UseStarStarStarStarStar
Online CommunityStarStarStarEmpty StarEmpty Star
ResearchStarStarStarStarStar
Trading PlatformStarStarStarStarStar
Pros & ConsPros:
  • $0 monthly service fee
  • No minimum balance
  • Free debit card
Cons:
  • Relatively low APY
  • Few physical branches
Pros:
  • Easy to Use
  • Thinkorswim Platform
  • Customer Service
Cons:
  • Trade Fees
Bottom LineCash management account with a decent APY... Read full reviewGood online broker for long-term investors... Read full review

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Fidelity: Pricing information from published website as of 11/22/2023.

TD Ameritrade: Pricing information from published website as of 09/05/2023.

Which is Better: Fidelity or TD Ameritrade?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Fidelity or Robinhood.

In short: TD Ameritrade's mobile app is impressive.


Articles on Fidelity

Fidelity High Yield Savings

Fidelity boasts an all-around account with no fees and a decent APY. But there's even more to discover. Keep reading.

Fidelity

Thinking of opening a brokerage account with Fidelity? There are many reasons to love Fidelity and a few reasons to think about going elsewhere.

Articles on TD Ameritrade

TD Ameritrade Review

TD Ameritrade fees are higher than competitors, but is it worth it? We say yes and here's why. We analyze and compare it for you in our in-depth review.

TD Ameritrade Customer Service

TD Ameritrade offers 24/7 customer service - both online and on the phone. But the best way to actually contact TD Ameritrade may surprise you. Read on.

Which Do You Think is Best?


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About CreditDonkey
CreditDonkey is a personal finance comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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