Some brokers charge an annual or monthly fee to maintain your account, but neither Fidelity nor TD Ameritrade levy an account maintenance fee. But unlike E*Trade, Fidelity does not impose any account minimums or trading requirements to use it. The Simple Dollar does not include all card/financial services companies or all card/financial services offers available in the marketplace. E*TRADE vs. Betterment vs. Fidelity… Is it a fair fight? Fidelity charges a flat fee of $0.00 for all online trades; TD Ameritrade charges $0.00. Even a small change in the amount taken out — as little as 1% — can result in drastic changes in your investment returns by the time you reach retirement. How we make money: The Simple Dollar is an independent, advertising-supported publisher and comparison service. But below, we’ll take you through a head-to-head comparison to help you decide which is the best choice for you. In addition to The Simple Dollar, he’s written for Business Insider, Fox Business, WiseBread and MainStreet. Here’s how they stack up: How Much Do They Cost? However, TD Ameritrade takes a clear advantage with its Thinkorswim trading platform — this is the same level of service that high-powered investors get. TD Ameritrade: $0 commissions + transfer fee reimbursement. Maybe between E*TRADE and Fidelity, which offer similar investment services. The Simple Dollar does not include all companies or all available products. We are an independent, advertising-supported comparison service. As for numbers, we found nearly 10,600 mutual funds with Fidelity’s screener. Ally Invest charges $0.50 for the same security. So if you’re trying to decide whether E*TRADE or TD Ameritrade is going to be the best choice for you to park your money, read on. Robinhood vs. TD Ameritrade Robinhood vs. TradeStation All pricing data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. Placing a trade with a human broker at TD Ameritrade and E*Trade is $25, while doing the same at Fidelity is $32.95. We decided to compare the fees, investment options, and usability of each service to see how E*TRADE and TDAmeritrade compare with each other. But when it comes to futures trading, E*TRADE has an edge. The offers that appear on this site are from companies from which TheSimpleDollar.com receives compensation. Open TD Ameritrade Account Computershare vs Fidelity and Other Competitors Computershare is a stock transfer agent, which means that it holds corporate shareholder records. If you're either searching for a first-time investment platform or looking to switch from where you are to something new, this is a good three-way comparison. Also on tap are stocks, fixed-income products, and options. Fidelity has a minimum initial deposit of $2,500 for a regular brokerage account, while E*Trade requires $500, and TD Ameritrade, Ally and Vanguard are at $0. TD Ameritrade has a clear advantage when it comes to investment options and a powerful trading platform, but it lacks cost efficiency for the more educated and active investor who’s looking to perform a lot of trades. TD Ameritrade offers futures (including bitcoin futures) and forex; while Fidelity customers can trade physical gold and silver. They have over 200 futures available to trade, compared to just 60 at TD Ameritrade. Otherwise I am leaning towards TD Ameritrade. When it comes to trading fees, Fidelity has the edge over TD Ameritrade. Fortunately, neither E*TRADE nor TD Ameritrade charge annual fees or inactivity fees, which is a good start. So if you’re keeping track at home, TD Ameritrade has a wider range of investment options — unless you’re particularly predisposed toward futures trading, in which case E*TRADE has the edge. It’s quick and easy. TD Ameritrade vs Charles Schwab vs Etrade vs Fidelity 2020 discount stock broker comparison: Etrade vs Charles Schwab vs TD Ameritrade vs Fidelity Investments. If you’re going to be trading in bulk, E*TRADE is the clear favorite on fees. E*Trade vs. TD Ameritrade: Head-to-Head Comparison.