Compare eToro vs Fidelity


Online brokers compared for fees, trading platforms, safety and more. See how eToro stacks up against Fidelity!

eToro vs Fidelity
overall rating
4.7
4.7
overall pros
  • Free stock and ETF trading
  • Seamless account opening
  • Social trading
  • Commission-free US stocks and ETFs
  • Great trading platforms and research
  • US and international stocks
overall cons
  • High non-trading fees
  • Only one account base currency
  • Customer support should be improved
  • High mutual fund fees and margin rates
  • Slower account verification
  • No crypto&futures
fees
4.3
  • Low trading fees
  • Free stock and ETF trading
  • Low forex and CFD fees
  • Inactivity fee
  • $5 withdrawal fee
3.9
  • Free stock and ETF trading
  • Low bond fees
  • No inactivity fee
  • High fees for non-free mutual funds
  • High margin rates
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
3.7
  • No minimum deposit
  • User-friendly
  • Many account types
  • Slower account verification
  • Not fully digital in some cases
deposit and withdrawal
3.9
  • Credit/Debit card available
  • User-friendly
  • Only one account base currency
  • $5 withdrawal fee
  • Conversion fee for non-USD deposits
3.8
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card not available
web trading platform
4.4
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.7
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No Touch/Face ID login
4.5
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
desktop trading platform
4.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not as quick to load as competing platforms
markets and products
4.3
  • Stock
  • ETF
  • Forex
  • CFD
  • Crypto
3.6
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
  • Robo-advisory
research
3.4
  • Good interactive chart
  • Trading ideas
  • User-friendly
  • Analyst recommendations
  • No fundamental data available
  • No/poor quality news flow
4.4
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • News flow quality could be better
customer service
1.5
  • Relevant answers
  • No phone support
  • No 24/7 support
  • Live chat only for Club members
3.9
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
  • Slow live chat
education
4.3
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Overall quality could be better
3.9
  • Trading platform tutorial
  • Educational videos
  • Good production quality
  • Demo account is only for desktop
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Financial information is publicly available
  • Does not hold a banking license
  • Not listed on stock exchange
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Additional coverage by Fidelity
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading Investors and traders looking for solid research and great trading platforms
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