Both offer 24/7 customer support by phone, while chat support may occur through a third party such as Facebook or Twitter. In terms of customer support, TD Ameritrade and Fidelity offer access in three key channels: phone, chat or messaging and in-branch. In fact, you can buy more than 7,000 stocks and ETFs with Fidelity’s fractional program, among the highest levels of all brokers. While TD Ameritrade allows you to reinvest only your dividends into partial shares, Fidelity allows that feature as well as purchases of partial shares. Fractional sharesįidelity separates itself from TD Ameritrade in terms of fractional shares. Fidelity also offers HSA accounts, which some individuals actually use as retirement accounts.īoth brokers offer a huge variety of account types, and it’s going to be hard to go wrong here. Each offers managed portfolios and trust accounts.
Account typesįidelity and TD Ameritrade offer a similarly wide selection of account types, so you can grow your relationship with the broker as your needs change.īoth offer standard account types such as individual and joint taxable accounts, IRA accounts (Roth IRA, traditional IRA and rollovers), small business retirement accounts ( SEP IRA, SIMPLE IRA and solo 401(k)) and 529 accounts. That said, Fidelity’s selection will work well for nearly all investors looking for attractive returns. Those additional choices may appeal to traders looking to get into more esoteric corners of the market. While Fidelity offers the standard range (stocks, ETFs, bonds, mutual funds and options), TD Ameritrade ups the ante with forex and futures, too. Tradable securitiesįidelity and TD Ameritrade have some clear differences in the types of securities they allow you to invest in, and the latter is the clear winner in terms of sheer numbers. You can’t get any better than no account minimum, and both TD Ameritrade and Fidelity allow new investors to get started with nothing, making them among the top picks for new investors. Both charge zero commission for stock and ETF trades, while options trades come in at $0.65 per contract, right at the industry standard today. Phone 24/7 availability, Facebook and Twitter messaging, 150+ branchesĪcross a number of areas relating to cost, Fidelity and TD Ameritrade are neck and neck. Phone 24/7 availability, chat, email, 200+ branches TD Ameritrade Mobile and thinkorswim Mobile apps on the Apple App Store and Google Play Store Individual and joint taxable, IRAs, small business (SEP IRA, solo 401(k), etc.), custodial, 529, managed portfolio and trust, among othersįidelity Mobile app on the Apple App Store, Google Play Store and Amazon Individual and joint taxable, IRAs, small business (SEP IRA, solo 401(k), etc.), custodial, 529, HSA, managed portfolio, charitable and trust, among others Stocks, ETFs, bonds, mutual funds, options, futures, forex
Stocks, ETFs, bonds, mutual funds, options
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