Compare Fidelity vs TD Ameritrade


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

Fidelity vs TD Ameritrade
overall rating
4.9
4.9
overall pros
  • Commission-free US stocks and ETFs
  • Great trading platforms and research
  • US and international stocks
  • Low trading fees (free stock and ETF trading)
  • Superb desktop trading platform
  • Great customer support
overall cons
  • High mutual fund fees and margin rates
  • Slower account verification
  • Slow live chat
  • You can trade only on US markets
  • Accounts mostly limited to US residents
  • No credit/debit cards and electronic wallets for money transfer
fees
4.2
  • Free stock and ETF trading
  • Low bond fees
  • No inactivity fee
  • High fees for non-free mutual funds
  • High margin fees
4.3
  • Low trading fees
  • Low non-trading fees
  • Free stocks and ETFs
  • High fund fees
account opening
3.6
  • No minimum deposit
  • User-friendly
  • Many account types
  • Slower account verification
  • Not fully digital in some cases
3.6
  • Fully digital
  • No minimum deposit
  • Many account types
deposit and withdrawal
3.8
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card not available
2.2
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • High withdrawal fee for wire transfers
web trading platform
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
4.3
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
  • Limited customizability (for charts, workspace)
mobile trading platform
4.5
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
4.8
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
desktop trading platform
3.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No two-step (safer) login
  • Loads bit slowly
4.5
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Trading support functions
  • Great learning materials
  • No two-step (safer) login
markets and products
3.9
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
  • Robo-advisory
4.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • Crypto
research
4.5
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • News flow quality could be better
4.8
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
customer service
3.9
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
  • Slow live chat
4.0
  • Phone support
  • Live chat
  • Fast response time
education
3.9
  • Trading platform tutorial
  • Educational videos
  • Good production quality
  • Demo account is only for desktop
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • 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
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
recommended for Investors and traders looking for solid research and great trading platforms Investors and traders looking for solid research and a well-equipped desktop trading platform
×