E*Trade vs Fidelity Comparison: Fees, Features, and More (2025)

E*Trade and Fidelity are two leading discount brokerages offering commission-free stock and ETF trading. Use this head-to-head comparison table to evaluate fees, features, trading tools, and account options to help you decide which broker is right for you in 2025.

Head-to-Head Comparison: E*Trade vs Fidelity (2025)
Feature E*Trade Fidelity
Website https://us.etrade.com/home https://www.fidelity.com/
Broker Type Full-Service Full-Service
Trading: Stock & ETF? Yes Yes
ETF & Stock commission No fee No fee
Fractional Shares? No Yes, "Stocks by the Slice"
Percent Allocations? No Yes; Fidelity Basket Portfolios
Crypto Trading? No Yes
Crypto Fees not applicable 1.00%
Options Trading? Yes Yes
Options Fee 50 to 65 65 cents
Bond Trading Available? Yes Yes
Pays for Order Flow (PFOF)? Yes No
Interface: Web trading? Yes Yes
Desktop trading? Yes; E*TRADE Pro Yes; Active Trader Pro
API Trading? Yes; E*TRADE Developer Platform No
Mutual Funds: Offered? Yes Yes
Total Mutual Funds Over 6,000 Over 10,000
NTF Mutual Funds Over 4,300 Over 3,300
Non-NTF Fund Fee $50 $49.95
Early Redemption Fee? No Yes
Redemption Hold (Days) 0 60 days
Early Redemption Fee $50 $49.95
Accounts: Margin Accounts? Yes Yes
IRAs Offered? Yes Yes
HSAs Offered? No Yes
Money Market Sweep? No Yes
CDs Offered? Yes Yes
Robo-Advisor: Offered Yes Yes
Robo-Advisor Service Core Portfolios Fidelity Go
Robo-Advisor Fes 0.30% 0.00% to 0.35%
Basics: Headquarters New York, NY Boston, MA
Year Founded 1996 1946
Clearing Firm Morgan Stanley National Financial Services LLC
Local Branches? Yes, about 30 locations Yes, about 215 locations
New Account Minimum $0 $0

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