E*TRADE$0 commission on stocks and ETFs, options $0.65 per contract ($0.50 for 30+ trades)
- Published fee
- $0 commission on stocks and ETFs, options $0.65 per contract ($0.50 for 30+ trades)
- Minimum deposit
- 0 $
Broker comparison
E*TRADE vs.
Fidelity
Which broker fits your needs?
Platforms, products and fees side by side.
Updated: October 2026
See comparisonE*TRADE
FidelityVS
Summary
Your goal decides.
On stocks, ETFs and the standard options price ($0.65 per contract) the two are level. E*TRADE is the better fit for active options traders: from 30+ trades the price drops to $0.50, Power E*TRADE is built around options, and futures are available. Fidelity (4.6/5) wins on research, fund selection and around 25 ms execution through its Smart Order Router, but offers no futures.
E*TRADEEstablished US broker by Morgan Stanley with strong options platform
FidelityOne of the largest and most trusted US brokers with comprehensive services
At a glance
The key differences
| Criterion | E*TRADE | Fidelity |
|---|---|---|
| Platforms | E*TRADE Web, Power E*TRADE, E*TRADE App | Fidelity Web, Active Trader Pro, Fidelity App |
| Product types | Stocks, ETFs, Options, Bonds, Mutual Funds, Futures | Stocks, ETFs, Options, Bonds, Mutual Funds, CDs |
| Options trading | Yes, comprehensive options trading with Power E*TRADE | Yes, US options from $0.65 per contract |
| Fee model | $0 commission on stocks and ETFs, options $0.65 per contract ($0.50 for 30+ trades) | $0 commission on stocks and ETFs, options $0.65 per contract |
| Minimum deposit | 0 $ | 0 $ |
| Regulation | SEC/FINRA | SEC/FINRA |
| More information | Details | Details |
Platforms
E*TRADE
E*TRADE Web, Power E*TRADE, E*TRADE App
Fidelity
Fidelity Web, Active Trader Pro, Fidelity App
Product types
E*TRADE
Stocks, ETFs, Options, Bonds, Mutual Funds, Futures
Fidelity
Stocks, ETFs, Options, Bonds, Mutual Funds, CDs
Options trading
E*TRADE
Yes, comprehensive options trading with Power E*TRADE
Fidelity
Yes, US options from $0.65 per contract
Fee model
E*TRADE
$0 commission on stocks and ETFs, options $0.65 per contract ($0.50 for 30+ trades)
Fidelity
$0 commission on stocks and ETFs, options $0.65 per contract
Minimum deposit
E*TRADE
0 $
Fidelity
0 $
Regulation
E*TRADE
SEC/FINRA
Fidelity
SEC/FINRA
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
E*TRADEFidelity$0 commission on stocks and ETFs, options $0.65 per contract
- Published fee
- $0 commission on stocks and ETFs, options $0.65 per contract
- Minimum deposit
- 0 $
The relevant costs depend on market, currency, order size and trading style.
Execution quality
Order type, venue and liquidity affect execution.
E*TRADECheck the provider’s execution policy and available order types for your account.
Provider informationFidelityCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
E*TRADEStocksETFsOptionsBondsMutual FundsFutures
FidelityStocksETFsOptionsBondsMutual FundsCDs
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
E*TRADEE*TRADE Web · Power E*TRADE · E*TRADE App
E*TRADE offers three trading platforms: E*TRADE Web, Power E*TRADE, and the E*TRADE App. The web platform provides standard trading functions with research and educational resources. Power E*TRADE is the flagship, offering one of the best options platforms on the market with visual options chains, strategy builders, and real-time risk analysis. The mobile app combines elements of both platforms and enables trading of stocks, options, and futures on the go.
Explore platformFidelityFidelity Web · Active Trader Pro · Fidelity App
Fidelity offers three trading platforms: Fidelity Web, Active Trader Pro, and the Fidelity App. The web platform provides comprehensive research tools, screening functions, and educational resources. Active Trader Pro is a desktop platform for active traders with real-time data, advanced charts, options analysis, and customizable layouts. The mobile app offers quick access to all account features and trading options with an intuitive user interface.
Explore platformRegulation does not prevent market losses. The relevant authority depends on the contracting entity.
Your investor profile
Who might it suit?
E*TRADEEstablished US broker by Morgan Stanley with strong options platform
- Power E*TRADE – excellent options platform
- Commission-free stock and ETF trading
- Part of Morgan Stanley – high security
- Only available for US customers
- International markets not available
FidelityOne of the largest and most trusted US brokers with comprehensive services
- Commission-free stock and ETF trading
- Excellent research and educational resources
- Huge fund selection including proprietary index funds
- Only available for US customers
- International stocks limited availability
Find the broker that fits
E*TRADE oder Fidelity?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
In-depth analysis
Costs: On stocks and ETFs both brokers charge $0 commission, and options cost $0.65 per contract at each. E*TRADE lowers the options fee to $0.50 per contract for active traders making more than 30 trades per quarter — Fidelity offers no such volume-based discount. Minimum deposit is $0 at both.
Products and execution: E*TRADE covers stocks, ETFs, options, bonds, mutual funds and futures, whereas Fidelity is limited to stocks, ETFs, options, bonds, mutual funds and CDs — per the broker data, futures are not tradable. On execution Fidelity leads: ~25 ms via its Smart Order Router with a high price-improvement rate, versus ~40 ms on Power E*TRADE routing.
Profile and verdict: Both are SEC/FINRA-regulated; E*TRADE (founded 1982, New York) belongs to Morgan Stanley, while Fidelity (founded 1946, Boston) is one of the largest US asset managers. Ratings: Fidelity 4.6/5, E*TRADE 4.3/5. For active options and futures traders, E*TRADE is the stronger pick thanks to the volume discount and the Power E*TRADE platform; for long-term investors who value execution quality, price improvement and a broad fund lineup, Fidelity leads.
Your questions
Frequently asked questions
How do fees differ between E*TRADE and Fidelity?
E*TRADE: $0 commission on stocks and ETFs, options $0.65 per contract ($0.50 for 30+ trades). Fidelity: $0 commission on stocks and ETFs, options $0.65 per contract. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: E*TRADE or Fidelity?
E*TRADE offers Stocks, ETFs, Options, Bonds, Mutual Funds, Futures. Fidelity offers Stocks, ETFs, Options, Bonds, Mutual Funds, CDs.
How are E*TRADE and Fidelity regulated?
The broker profiles list SEC/FINRA for E*TRADE and SEC/FINRA for Fidelity. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is E*TRADE or Fidelity better for beginners?
E*TRADE lists a 0 $ minimum deposit and offers E*TRADE Web, Power E*TRADE, E*TRADE App. Fidelity lists 0 $ and offers Fidelity Web, Active Trader Pro, Fidelity App. Compare usability, available products and costs for your intended use.
E*TRADE vs Fidelity: Which broker is better overall?
The choice between E*TRADE (4.3/5, 1900 reviews) and Fidelity (4.6/5, 2400 reviews) depends on your needs. E*TRADE: Established US broker by Morgan Stanley with strong options platform. Fidelity: One of the largest and most trusted US brokers with comprehensive services.
Your next step
Your next step
E*TRADEEstablished US broker by Morgan Stanley with strong options platform
Open accountRead reviewFidelityOne of the largest and most trusted US brokers with comprehensive services
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.