Axos Invest vs Fidelity Comparison: Fees, Features, and More (2026)

Axos Invest 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 2026.

Head-to-Head Comparison: Axos Invest vs Fidelity (2026)
Feature Axos Invest Fidelity
Website https://www.axos.com/invest https://www.fidelity.com/
Broker Type Discount Full-service
Trading: Stock & ETF? Yes Yes
ETF & Stock commission $0 per trade (other fees may apply) $0 online US stocks/ETFs
Fractional Shares? No Yes (7,000+ US stocks/ETFs, $1 min)
Percent Allocations? No (self-directed) Yes (Fidelity Basket Portfolios)
Crypto Trading? No Yes, via Fidelity Crypto® (BTC, ETH, SOL, LTC, FIDD) for US retail; also crypto ETPs in brokerage.
Crypto Fees N/A 1% of executed market value on buys/sells (Fidelity Crypto®/IRAs); none on FIDD vs USD.
Options Trading? Yes (subject to approval) Yes
Options Fee $1.00 per contract ($0.80 with Axos Elite, $10/mo) $0 commission + $0.65/contract online; $0 for buy-to-close ≤$0.65. Extra fees for some indexes/pros.
Bond Trading Available? No Yes; $0 online for new issues/US Treasuries; $1 per bond secondary (caps apply).
Receives payment for order flow (PFOF)? Yes (receives PFOF rebates) Yes (receives PFOF on equities from wholesalers and on options).
Interface: Web trading? Yes Yes (Fidelity.com web; Fidelity Investments iOS/Android app; Fidelity Trader+).
Desktop trading? No Yes (Fidelity Trader+ Desktop, PC/Mac; Active Trader Pro Classic also available)
API Trading? No No (no official public retail trading API)
Mutual Funds: Offered? Yes Yes
Total Mutual Funds 10,000+ Over 10,000
NTF Mutual Funds 10,000+ (no-load) Thousands (all Fidelity funds plus many NTF third-party)
Non-NTF Fund Fee $0 (no-load) $49.95 per purchase (some up to $100); $0 redemption
Early Redemption Fee? Yes (no broker short-term fee listed) No ($49.95 Fidelity short-term fee on most NTF funds held <60 days)
Redemption Hold (Days) None listed by broker (fund-specific possible) 60 days (NTF FundsNetwork non-Fidelity funds)
Early Redemption Fee $0 (no broker fee listed) $49.95 online (NTF funds held <60 days)
Accounts: Margin Accounts? Yes (self-directed; approval required, $2,000 min equity) Yes
IRAs Offered? Yes (Traditional, Roth, Rollover; SEP not listed) Yes (traditional, Roth, SEP)
HSAs Offered? No Yes
Money Market Sweep? Yes (Axos Clearing Insured Deposit Program) Yes
CDs Offered? No Yes (brokered CDs)
Robo-Advisor: Offered Yes Yes
Robo-Advisor Service Axos Managed Portfolios Fidelity Go
Robo-Advisor Fees Model fee 0.20–0.59% AUM (varies by model/AUM); $40 min annual if model fee <$10/qtr; +0.20% optional TLH ($25k+) $0 under $25,000; 0.35%/yr for $25,000+
Basics: Headquarters Las Vegas, NV Boston, MA
Year Founded 2009 (as WiseBanyan); rebranded 2019 1946
Clearing Firm Axos Clearing LLC National Financial Services LLC
Local Branches? No Yes, ~215 U.S. Investor Centers
New Account Minimum $0 (Self-Directed); $50 IRA; $500 Managed Portfolios $0

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