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E*TRADE vs Fidelity : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

E*TRADE

E*TRADE

VS
Fidelity

Fidelity

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Both ECN and STP broker

STP broker

Years of Existence / Established Year

1982

1946

Customer Base / Number of Accounts

5.2 million client accounts

51.4 million


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Regulation & Security

Regulations (governing bodies)

FRS, FINRA, SIPC, SEC, NFA, FDIC

SEC, MSRB, FINRA

Awards Won (count for the last 2 years)

Investor App and #1 Web Trading Platform for 2024, Benzinga's 2023 Global Fintech Awards

Best Online Broker for Beginning Investors 2024, Rated #1 for Overall Broker 2024, Best Online Broker 2023

Security Measures

SIPC

FDIC , SIPC

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes* Restriction for some clients

Negative Balance Protection

Yes

No


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

Over 50,000 offerings, including US Treasury trades

10000+ mutual funds including fixed income, CDs, Annuities, life insurance, long-term Care Planning, 529 Plans IRAs, Health Savings Account

Currency Pairs

No

No

Commodities

No

No

Indices

No

No

Cryptocurrencies

No

Yes

CFDs

No

No

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

Yes

No

Bonds

Yes

Yes

Mutual Funds

Yes

Yes

Fractional Shares

No

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

No

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

No

No

Other Trading Platforms (proprietary, etc.)

Power Etrade web, Power Etrade app

Trading dashboard, Fidelity mobile, Active Trader Pro

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Brokerage, Retirement, Core portfolio, Managed portfolio, Small business retirement , bank

Fidelity® Cash Management Account., The Fidelity Account, Individual Retirement Account (IRA), 529 College Savings Account., Fidelity HSA, Custodial Account (UGMA/UTMA)

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

$0

Leverage Available

No

No

Trade Limit (maximum per trade)

Depends on assets class

Depends on assets class

Commission (per account type)

$0

Best Suited For (e.g., beginners, experienced traders)

Beginners to experienced traders

Beginners and experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Transfer money, Wire transfer, Transfer an account, Deposit a check ,Direct Deposit

ATM/debit card, Deposits eligible for FDIC insurance, Cash Manager, Fidelity Mobile, Bill Pay, Check writing, Automatic investments, Automatic withdrawals, Direct deposit, Electronic funds transfer (EFT), e-wallets

Withdrawal Methods

E-wallets, check, Wire transfer

Electronic funds transfer (EFT), Bank wire, Paper check, Paper bill varies by account types

Other E-Wallets Supported

Electronic transfer

Venmo or PayPal


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Tools & Educational Resources

Economic Calendar

No

No

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Educational Resources, Tools, Market News and Insights, Tutorials and Webinars

Research and Tools, Investment Education, Webinars and Online Courses, Market News and Insights, Retirement and Planning Tools


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Fees & Commissions

Trading-Related Fees

Stocks, options, mutual funds, ETFs- $0, Bonds- $1, FINRA trading activity fee- $0.000166

Commission for U.S stocks, ETFs, Options- $0, Mutual funds- $49.95, Crypto spread- 1.0 pip, Margin liquidation -$32.95 per liquidation, Stock certificate transfer and ship $10 Per Certificate

Spread (typical, fixed, variable)

NA

NA

Per Lot Fees

NA

NA

Options Contract Fees

$0.65

$0.65/ Contract fee

Futures Contract Fees

$1.50

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

No

No


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Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

0.30%

NA

Swap Fees (Overnight Financing)

NA

NA

Statement or Document Fee

$2

NA

Account Opening Fee

NA

$0

Account Maintenance Fee

$15/ month

$0

Deposit Fee

$0

$0

Currency Conversion Fee

Direct trade-$0.005 per share, Broker assisted trader- $25

$50/ per trade

Withdrawal Fee

Check return - $25, Electronic return -$25

Wire transfer-$3


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

No

Customer Benefits (e.g., Retirement Plan)

Yes

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Sunday 5 p.m. CT to Friday 4 p.m. CT

Premarket session -7:00 a.m. to 9:28 a.m. ET.


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

8 AM - 8 PM ET on weekdays

8:30 a.m. - 8:30 p.m. ET , Monday- Friday

Customer Support Methods (phone, email, live chat)

Live chat, FAQ, Phone- 800-387-2331, 800-838-0908, Beneficiary Services: [email protected] General inquiries: [email protected]

Phone: 800-343-0860, 800-835-5095, Live chat, Login for personalized help, FAQs

Support Languages

1

2


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Additional Information

Headquarters Location

Arlington, Virginia, United States Buyenlarge, Getty

Boston, MA

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
E*TRADE is known for competitive pricing on basic trades, especially for beginners. However, Fidelity fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
While E*TRADE prioritizes fast registration with minimal steps, Fidelity focuses on a thorough vetting process that gives more flexibility in choosing account types and features.
E*TRADE integrates well with algorithmic trading tools and third-party plugins. In contrast, Fidelity emphasizes educational content and built-in research features within its platform.
E*TRADE strength lies in high-performance trading, while Fidelity provides a more accessible route for everyday investors.