Fidelity (Fidelity Brokerage Services LLC) vs Robinhood comparison

Fidelity (Fidelity Brokerage Services LLC) focuses on Brokerage, Portfolio, and Watchlist while Robinhood specializes in Brokerage, Portfolio, and Options. They overlap in 2 categories, so choose based on your preferred workflow and pricing.

Robinhood offers a free tier that lets you get started without paying, while Fidelity (Fidelity Brokerage Services LLC) requires a subscription. If budget is a concern, start with Robinhood and upgrade later if you need more advanced features.

Choose Fidelity (Fidelity Brokerage Services LLC) if you need Commission-free online trades for U.S. stocks and ETFs; options contracts at $0.65 each (a small number of ETFs still carry a $100 service fee)., and Execution quality reports highlight strong fill statistics, with most trades price-improved and executed in fractions of a second. Fidelity discloses savings per order and does not accept payment for order flow on stock and ETF trades.. Go with Robinhood if Commission-free ($0) trading for U.S. listed and OTC securities (including ETFs and closed-end funds) and their options via app or website; regulatory trading fees may be passed through., and Index options contract fees: Non‑Gold rate $0.50/contract vs Gold rate $0.35/contract (plus exchange/regulatory fees). better fits how you invest.

Both cover Stocks, ETFs, Options, and Cryptos. Fidelity (Fidelity Brokerage Services LLC) also includes Bonds, and Mutual Funds. Robinhood adds coverage for Closed-End Funds, and Futures.

Fidelity (Fidelity Brokerage Services LLC) offers real-time data feeds, which is essential for active traders. Robinhood uses delayed or end-of-day data, which works fine for longer-term investors who don't need up-to-the-second quotes.

Fidelity (Fidelity Brokerage Services LLC) supports data exports to CSV, Excel, and PDF. Robinhood has more limited export options.

Both platforms include portfolio tracking, so you can monitor your holdings, performance, and allocation in one place.