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Vanguard vs Fidelity

Vanguard is a good choice for ETF and mutual fund investors interested in Vanguard-sponsored investments. How does it compare to Fidelity? Read our comparison chart below.

Vanguard offers $0 commission on stock and ETF online trades, $0 commission on Vanguard mutual funds, and no minimum deposit.

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

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

 

Vanguard

Fidelity

Norton Internet Security 60-day free subscription - Learn More

Read Vanguard Review

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

Read Fidelity Review

 

Benefits and Features

Stock Trading
$0
$0
Options Trading$0 + $1-per-contract fee. Discounts available if you have more than $1 million assets invested in Vanguard ETFs and mutual funds
$0.65 per contract
Annual Fee 
None
Cryptocurrency Trading 
$0
Minimum Deposit
$0
 
Mutual Fund Trading
$0 for Vanguard mutual funds
Yes
Commission Free ETFsAround 1,800 ETFs from about 100 other companies 
Broker Assisted Trades
$25.00
 
Inactivity Fee
$0
$0
Maintenance Fee$20/year. Waived if account owner signs up for e-delivery service OR have at least $10,000 in Vanguard ETFs and mutual funds
$0
Banking
No
No
Mobile App
Yes
Yes
Desktop App
Yes
 
Forex Trading
Yes
 
Futures Trading
No
 
Customer Service
Monday-Friday 8am -10pm ET
 
Locations
No
 
Online Community
No
 
Seminars
Yes
 
Virtual Trading
No
 
 

CreditDonkey® Reviews

Stock TradingStarStarStarEmpty StarEmpty Star
Options TradingStarStarStarStarEmpty Star
Mutual Fund TradingStarStarStarStarStar
Mobile AppStarStarStarEmpty StarEmpty StarStarStarStarStarEmpty Star
Commissions and FeesStarStarStarStarEmpty Star
Ease of UseStarStarStarStarStar
ResearchStarStarStarHalf StarEmpty Star
SavingsStarStarStarEmpty StarEmpty Star
FeesStarStarStarStarStar
Customer ServiceStarStarStarStarEmpty Star
Pros & ConsPros:
  • Large selection of mutual funds and commission-free ETFs
  • Broker assistance is available at no additional cost
  • Easy to use
Cons:
  • Commission structure penalizes frequent traders
  • Customer service wait times
  • Commission costs on non-Vanguard investment options
Pros:
  • $0 monthly service fee
  • No minimum balance
  • Free debit card
Cons:
  • Relatively low APY
  • Few physical branches
Bottom LineGood choice for ETF and mutual fund investors interested in Vanguard-sponsored investments... Read full reviewCash management account with a decent APY... 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.

Vanguard: Pricing information from published websites as of 10/17/2023.

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

Which is Better: Vanguard or Fidelity?

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

In short: Fidelity's mobile app is notable.


Articles on Vanguard

Vanguard Brokerage Review

Vanguard Brokerage may be a full-service broker, but typically long-term investors preferring ETFs and mutual funds see the greatest return on their investment with them.

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 Investments

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

Which Do You Think is Best?


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