Online brokers compared for fees, trading platforms, safety and more. See how Fidelity stacks up against Robinhood!
Last update of data—Dec 2022
Fidelity is a US stockbroker. It is regulated by top-tier authorities SEC and FINRA.
Robinhood is a US-based zero-commission broker. It is overseen by FINRA, a top-tier regulator.
Recommended for investors and traders looking for solid research and great trading platforms.
Recommended for beginners and buy-and-hold investors focusing on the US stock 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.
Robinhood
Robinhood is a US-based zero-commission broker. It is overseen by FINRA, a top-tier regulator.
Recommended for beginners and buy-and-hold investors focusing on the US stock market.
Fidelity's service is on par with Robinhood's and a comparison of their fees shows that Fidelity's fees are slightly higher than Robinhood's.
Account opening takes somewhat more effort at Fidelity compared to Robinhood, deposit and withdrawal processes are more seamless at Fidelity, while customer service quality is better than Robinhood's.
Our experts rated the trading platform of Fidelity as being of the same quality as the platform of Robinhood, found that clients have access to slightly more markets and products with Fidelity, while Robinhood provides less useful 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.