Comparison Fidelity vs TD Ameritrade

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Fidelity vs TD Ameritrade. Which of them: Fidelity or TD Ameritrade a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of Fidelity on regular transactions of the stock exchange is $4.95, and TD Ameritrade has a commission fee of $6.95. When analyzing trading options, the commission fees of Fidelity is $4.95 + $0.65, and that one of TD Ameritrade is $6.95 + $0.75. The full online broker reviews contains more detailed information on the brokers’ commission fees.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided to customers by Fidelity and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading are provided by TD Ameritrade. As for platforms, Fidelity offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while TD Ameritrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. Fidelity was founded in 1946 in USA, and it is regulated by SEC, FINRA, FCA (UK). And TD Ameritrade was founded in 1975 in USA, and it is regulated by SEC, FINRA. We can withdraw funds from Fidelity with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $10 (Bank Wire). And TD Ameritrade provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is free. The time for withdrawal in Fidelity is immediate (Bank Wire), and that one in TD Ameritrade is one Business Day.

Overall, Fidelity boasts 4.3 stars versus TD Ameritrade 4.5 stars.