Online brokers compared for fees, trading platforms, safety and more. See how Fidelity stacks up against Firstrade!
Last update of data—Dec 2022
Fidelity is a US stockbroker. It is regulated by top-tier authorities SEC and FINRA.
Firstrade is a US discount broker regulated by the top-tier SEC and FINRA.
Recommended for investors and traders looking for solid research and great trading platforms.
Recommended for beginners and investors looking for zero-commission trading, focusing on the US market.
Fidelity
Fidelity is a US stockbroker. It is regulated by top-tier authorities SEC and FINRA.
Recommended for investors and traders looking for solid research and great trading platforms.
Firstrade
Firstrade is a US discount broker regulated by the top-tier SEC and FINRA.
Recommended for beginners and investors looking for zero-commission trading, focusing on the US market.
Fidelity's service is on par with Firstrade's and a comparison of their fees shows that Fidelity's fees are slightly higher than Firstrade's.
Account opening takes about the same effort at Fidelity compared to Firstrade, deposit and withdrawal processes are more seamless at Fidelity, while customer service quality is much better than Firstrade's.
Our experts rated the trading platform of Fidelity as somewhat better than the platform of Firstrade, found that clients have access to slightly more markets and products with Fidelity, while Firstrade provides just about the same quality of research and education.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Brokers displayed might not be available in United States.