Interactive Brokers vs Fidelity

Interactive Brokers is a good discount broker for experienced, high volume traders. . How does it compare to Fidelity? Read our comparison chart below.

Interactive Brokers offers trades starting at just 0.5 cents per share. It also offers a tiered pricing plan that awards high volume traders with even lower rates. There is a $10,000 opening account minimum ($3,000 for clients 25 and younger). There is a monthly activity fee unless required commission minimums are met.

While Fidelity offers stock trades at $0 per trade and more than 180 branch locations. There is no minimum deposit.

Compare Interactive Brokers with Fidelity, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Interactive Brokers	Fidelity
	SPECIAL OFFER Referral Program - $200 Bonus - Learn More Read Interactive Brokers Review	SPECIAL OFFER Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More Read Fidelity Review
	Benefits and Features
Stock Trading	IBKR Lite: $0 per share (min $0 per order) IBKR Pro - Fixed: $0.0005 per share (min $1.00 per order, max 1.0% of trade value) IBKR Pro - Tiered: Starts at $0.0035 per share for less than 300,000 shares (min $0.35 per order, max 1% of trade value)	$0
Options Trading	$0.15-$0.65 per contract ($1 minimum per order)	$0.65 per contract
Annual Fee	None	None
Cryptocurrency Trading	0.12% to 0.18% of trade value ($1.75 minimum per order)	$0
Minimum Deposit	$0	$0
Mutual Fund Trading	$0 for no-transaction-fee funds. For transaction-fee funds, 3% trade value OR $14.95, per transaction, whichever is less	Yes
Commission Free ETFs	150+
Broker Assisted Trades	$30
Inactivity Fee	$0	$0
Maintenance Fee	$0	$0
Banking	No	No
Mobile App	Yes	Yes
Desktop App	Yes
Forex Trading	Available for qualified customers
Futures Trading	Yes
Customer Service	United States: Monday-Friday 8am - 10pm ET; Sunday 1pm - 7pm ET (24/7 Weekday service available in other countries)
Locations	No
Online Community	Yes
Seminars	Yes
Trading Platform	Desktop, Web Trading, Mobile Apps	Desktop, Web Trading, Mobile Apps
Virtual Trading	Yes
Fractional Shares		Yes
	CreditDonkey® Reviews
Stock Trading
Options Trading
Mutual Fund Trading
Online Platform
Banking
Mobile App
Commissions and Fees
Ease of Use
Research
Savings
Fees
Customer Service
Pros & Cons	Pros: Large number of investments, including options, futures, and forex Customize trading platform Tools and opportunities for research Cons: Platform can be too much for a beginner to understand Complicated pricing structure	Pros: $0 monthly service fee No minimum balance Free debit card Cons: Relatively low APY Few physical branches
Bottom Line	Good discount broker for experienced, high volume traders... Read full review	Cash management account with a decent APY... Read full review
	Referral Program - $200 Bonus	Commission-Free Trading - Online Stock, ETF and Option Trades Cash Management Account
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Interactive Brokers: Pricing information from published websites as of 10/17/2023. Fidelity: Pricing information from published website as of 07/05/2024.

Which is Better: Interactive Brokers or Fidelity?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Interactive Brokers or Robinhood.

In short: Interactive Brokers' mobile app is outstanding.

Articles on Interactive Brokers

Interactive Brokers Reviews

Interactive Brokers offers a robust trading platform that experienced traders favor due to its competitive fee structure and extensive range of trading options.