Robinhood vs Fidelity
Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to Fidelity? Read our comparison chart below.
Robinhood offers $0 stock trades by cutting out physical offices. Only basic stock trading can be performed on the mobile app. There is no minimum deposit or maintenance fee, though there is an optional paid premier customer tier starting at $5/month.
While Fidelity offers stock trades at $0 per trade and more than 180 branch locations. There is no minimum deposit.
Compare Robinhood with Fidelity, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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| Visit Site | Learn More | |
Robinhood | Fidelity | |
|---|---|---|
Get a Free Stock (worth between $5 and $200) - | Commission-Free Trading - Online Stock, ETF and Option Trades - | |
Benefits and Features | ||
| Stock Trading | ||
| Options Trading |
| |
| Annual Fee | ||
| Cryptocurrency Trading | ||
| Minimum Deposit | ||
| Mutual Fund Trading | ||
| Commission Free ETFs | All U.S. listed ETFs | |
| Phone Support | 650-761-7789 7 AM - 9 PM ET (Monday–Friday) | |
| Live Chat Support | Available 24/7 (requires sign in) | |
| Email Support | ||
| Human Advisors | ||
| Robo Advisor | ||
| Assets Under Management | ||
| Penny Stocks | ||
| Tax Loss Harvesting | ||
| Goal Tracker | ||
| Automatic Deposits | ||
| Broker Assisted Trades | ||
| Good For | ||
| Inactivity Fee | ||
| Maintenance Fee | ||
| Online Platform | ||
| iPhone App | ||
| Android App | ||
| Banking | Offers Robinhood Banking, a financial services platform with checking and high-yield savings accounts, provided by Coastal Community Bank, Member FDIC, and available to Gold members. | |
| Mobile App | ||
| Desktop App | ||
| Two-Factor Authentication | Device approvals, Authenticator app, SMS | |
| Forex Trading | ||
| Futures Trading | $0.75 per contract ($0.50 per contract for Gold subscribers) | |
| Bond Trading | ||
| CFD Trading | ||
| Currency Trading | ||
| Customer Service | Live Chat (24 hours via Robinhood app) Phone: 650-761-7789 7 AM - 9 PM ET (Monday–Friday) Email: support@robinhood.com | |
| Locations | ||
| Online Community | ||
| Seminars | ||
| Trading Platform | Desktop, Web Trading, Mobile Apps | Desktop, Web Trading, Mobile Apps |
| Virtual Trading | ||
| Fractional Shares | ||
| Taxable Accounts | ||
| 401k Plans | ||
| IRA Accounts | ||
| Roth IRA Accounts | ||
| SEP IRA Accounts | ||
| Trust Accounts | No (Robinhood is launching Trust accounts later in 2026) | |
| 529 Plans | ||
CreditDonkey® Reviews | ||
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| Stock Trading | ||
| Options Trading | ||
| Minimum Deposit | ||
| Mobile App | ||
| Commissions and Fees | ||
| Customer Service | ||
| Ease of Use | ||
| Research | ||
| Savings | ||
| Fees | ||
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Free way to trade stocks with limited bells and whistles... | Cash management account with a decent APY... |
| Visit Site | Learn More | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Robinhood: Pricing information from published websites as of 04/20/2026. Fidelity: Pricing information from published website as of 07/05/2024. | ||
3% Match on IRA with Robinhood Gold
Earn 3% IRA match on all eligible contributions with Robinhood Gold. Terms and conditions apply. This is a limited-time offer.
Robinhood Gold: 3.35% APY on Idle Cash
- 3.35% APY on idle cash - earn while you sleep
- Your money is FDIC-insured up to $2.5M at partner banks. No cap on earnings, withdraw or invest you money at any time.
Which is Better: Robinhood or Fidelity?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Robinhood or Webull.




















