Fidelity$0 commission on stocks and ETFs, options $0.65 per contract
- Published fee
- $0 commission on stocks and ETFs, options $0.65 per contract
- Minimum deposit
- 0 $
Broker comparison
Fidelity vs.
Robinhood
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on 22 October 2026
See comparisonFidelity
RobinhoodVS
Summary
Your goal decides
On options cost Robinhood wins with $0 commission against $0.65 per contract at Fidelity. Fidelity (4.6/5) is the more complete broker: research and education, a large fund selection, Active Trader Pro and around 25 ms execution through its Smart Order Router. Robinhood (3.9/5) is the leaner app with crypto, but funds itself through payment for order flow. Both are open only to US customers.
FidelityOne of the largest and most trusted US brokers with comprehensive services
RobinhoodCommission-free US broker that revolutionized stock trading
At a glance
The key differences
| Criterion | Fidelity | Robinhood |
|---|---|---|
| Platforms | Fidelity Web, Active Trader Pro, Fidelity App | Robinhood App, Robinhood Web |
| Product types | Stocks, ETFs, Options, Bonds, Mutual Funds, CDs | Stocks, ETFs, Options, Crypto |
| Options trading | Yes, US options from $0.65 per contract | Yes, commission-free US options |
| Fee model | $0 commission on stocks and ETFs, options $0.65 per contract | $0 commission on stocks, ETFs and options |
| Minimum deposit | 0 $ | 0 $ |
| Regulation | SEC/FINRA | SEC/FINRA |
| More information | Details | Details |
Platforms
Fidelity
Fidelity Web, Active Trader Pro, Fidelity App
Robinhood
Robinhood App, Robinhood Web
Product types
Fidelity
Stocks, ETFs, Options, Bonds, Mutual Funds, CDs
Robinhood
Stocks, ETFs, Options, Crypto
Options trading
Fidelity
Yes, US options from $0.65 per contract
Robinhood
Yes, commission-free US options
Fee model
Fidelity
$0 commission on stocks and ETFs, options $0.65 per contract
Robinhood
$0 commission on stocks, ETFs and options
Minimum deposit
Fidelity
0 $
Robinhood
0 $
Regulation
Fidelity
SEC/FINRA
Robinhood
SEC/FINRA
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
FidelityRobinhood$0 commission on stocks, ETFs and options
- Published fee
- $0 commission on stocks, ETFs and options
- Minimum deposit
- 0 $
The relevant costs depend on market, currency, order size and trading style.
Worked out
What does it actually cost?
Typical months at Fidelity and Robinhood, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.
| Scenario | Fidelity | Robinhood |
|---|---|---|
| ETF savings plan, ≈ €200 a month | US$0$0 online ETF commission (≈ $230 buy); $0 × 1 | US$0$0 online ETF commission (≈ $230 buy); $0 × 1 |
| 10 stock buys of ≈ €1,000 a month | US$0$0 online US stock commission × 10 orders | US$0$0 online US stock commission × 10 orders |
| 10 US option contracts a month | US$6.50$0.65 per contract × 10 | US$0No commission or contract fee on stock/ETF options; ~$0.04/contract exchange/regulatory pass-through excluded |
| One BTC purchase of ≈ €1,000 | US$11.501% trading fee (Fidelity Crypto) × $1,150 | US$10.93Exchange Routing tier $0–10K: 0.95% taker × $1,150; market-maker routing has no commission (spread instead) |
| Custody and account fee per year | US$0$0 for standard account services per fee page | US$0No fees to open or maintain the account |
Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: fidelity.com · fidelity.com · robinhood.com · cdn.robinhood.com
Execution quality
Order type, venue and liquidity affect execution.
FidelityCheck the provider’s execution policy and available order types for your account.
Provider informationRobinhoodCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
FidelityStocksETFsOptionsBondsMutual FundsCDs
RobinhoodStocksETFsOptionsCrypto
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
FidelityFidelity Web · Active Trader Pro · Fidelity App
Fidelity offers three trading platforms: Fidelity Web, Active Trader Pro, and the Fidelity App. The web platform provides comprehensive research tools, screening functions, and educational resources. Active Trader Pro is a desktop platform for active traders with real-time data, advanced charts, options analysis, and customizable layouts. The mobile app offers quick access to all account features and trading options with an intuitive user interface.
Explore platformRobinhoodRobinhood App · Robinhood Web
Robinhood offers trading through the Robinhood App and Robinhood Web. The mobile app is the centerpiece of the offering, known for its intuitive, minimalist user interface. It enables quick trading of stocks, ETFs, options, and cryptocurrencies in just a few clicks. The web platform offers enhanced charting features and account management. Both platforms are designed for simplicity but offer fewer professional analysis tools than competitors.
Explore platformFidelity
Fidelity Brokerage Services LLC (crypto: Fidelity Digital Assets)
- Supervisor
- SEC / FINRA
Robinhood
Robinhood Financial LLC (introducing broker; clearing by Robinhood Securities, LLC); crypto: Robinhood Crypto, LLC
- Supervisor
- SEC / FINRA
Regulation does not protect against market losses. What counts is the entity you sign the contract with.
Your investor profile
Who might it suit?
FidelityOne of the largest and most trusted US brokers with comprehensive services
- Commission-free stock and ETF trading
- Excellent research and educational resources
- Huge fund selection including proprietary index funds
- Only available for US customers
- International stocks limited availability
RobinhoodCommission-free US broker that revolutionized stock trading
- Completely commission-free trading
- Very user-friendly app
- Fractional shares from $1
- Only available for US customers
- Limited research and analysis tools
Find the broker that fits
Fidelity oder Robinhood?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
Fidelity and Robinhood do not earn the same way
The table shows what they cost. These lessons show how they earn, which is what the difference is made of.
In-depth analysis
Entry and fees: Neither asks for a minimum deposit, and both trade stocks and ETFs commission-free. Options separate them: Robinhood charges $0 commission, Fidelity $0.65 per contract. At Robinhood, though, the cost sits in the business model rather than on the bill — the broker funds itself through payment for order flow and quotes execution of around 50 ms. Fidelity quotes around 25 ms through its Smart Order Router and points to a high price improvement rate.
Products and platforms: Fidelity trades stocks, ETFs, options, bonds, mutual funds and CDs, with a large fund selection including its own index funds. Active traders get Active Trader Pro alongside web and app. Robinhood trades stocks, ETFs, options and crypto, offers fractional shares from $1 and a very simple app, but notes limited research and analysis tools in its own profile. Crypto exists only at Robinhood; funds, bonds and CDs only at Fidelity. Neither offers futures.
Profile and verdict: Fidelity (4.6/5 from 2,400 reviews) was founded in 1946 and is based in Boston; Robinhood (3.9/5 from 2,500 reviews) was founded in 2013 and is based in Menlo Park. Both are SEC/FINRA-regulated and open only to US customers. If you want the cheapest options trading and a simple app, choose Robinhood. If you need research, funds and a professional platform and can accept $0.65 per contract, Fidelity is the better home.
Your questions
Frequently asked questions
How do fees differ between Fidelity and Robinhood?
Fidelity: $0 commission on stocks and ETFs, options $0.65 per contract. Robinhood: $0 commission on stocks, ETFs and options. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Fidelity or Robinhood?
Fidelity offers Stocks, ETFs, Options, Bonds, Mutual Funds, CDs. Robinhood offers Stocks, ETFs, Options, Crypto.
How are Fidelity and Robinhood regulated?
The broker profiles list SEC/FINRA for Fidelity and SEC/FINRA for Robinhood. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Fidelity or Robinhood better for beginners?
Fidelity lists a 0 $ minimum deposit and offers Fidelity Web, Active Trader Pro, Fidelity App. Robinhood lists 0 $ and offers Robinhood App, Robinhood Web. Compare usability, available products and costs for your intended use.
Fidelity vs Robinhood: Which broker is better overall?
The choice between Fidelity (4.6/5, 2400 reviews) and Robinhood (3.9/5, 2500 reviews) depends on your needs. Fidelity: One of the largest and most trusted US brokers with comprehensive services. Robinhood: Commission-free US broker that revolutionized stock trading.
Your next step
Your next step
FidelityOne of the largest and most trusted US brokers with comprehensive services
Open accountRead reviewRobinhoodCommission-free US broker that revolutionized stock trading
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.