
Fidelity Investments vs. TD Ameritrade
moneywise / Fidelity/TD Ameritrade
Updated: January 27, 2022
Online brokerage services have existed for over 20 years. Trading investments today has never been cheaper. So while the race towards cheap trades (in some cases free) is happening, other functionality is becoming more important when selecting a stock broker.
For this review, I compare Fidelity Investments and TD Ameritrade. Which one is better depends on your needs? So let's examine the major features first.
We've determined with online brokerages the most critical feature customers care about is the cost per trade. The second most important feature is the minimum deposit, and the last is if the broker offers mutual funds. Let's look at how Fidelity Investments and TD Ameritrade stack up against each other on these points.
To start, we will consider the minimum investment required for both applications. In other words, how much does one need to invest to use the service? Both Fidelity Investments and TD Ameritrade have the same minimum of $0. So they are equal in this requirement.
Next I'll consider cost per trade for both brokers. Both Fidelity Investments and TD Ameritrade cost the same at $0.00/trade and are equal in price.
Both Fidelity Investments and TD Ameritrade offer mutual funds. So this feature isn't a clear difference between the stock brokers.
Overall, Fidelity Investments rates 9 out of 10, while TD Ameritrade ranks 9.5 out of 10. For more information on either, you can read our full reviews on Fidelity Investments and TD Ameritrade.
Compare and alternatives

Larry Ludwig is a freelance contributor for Moneywise.
Disclaimer
The content provided on Moneywise is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter. Advertisers are not responsible for the content of this site, including any editorials or reviews that may appear on this site. For complete and current information on any advertiser product, please visit their website.