Fidelity Investments vs Robinhood
Comprehensive comparison to help you choose the right option
Last updated: March 2026
Quick Verdict
Fidelity Investments takes the edge with a rating of 4.8/5. It's best for long-term investors and retirement planners who want comprehensive tools. However, Robinhood is the better choice if you're looking for beginners and casual investors who want a simple mobile experience.
Side-by-Side Comparison
| Feature | Fidelity Investments | Robinhood |
|---|---|---|
| Platform Type | Full Service Broker | Mobile-First Broker |
| Stock Commission | $0 | $0 |
| Options Per Contract | $0.65 | $0 |
| Account Minimum | $0 | $0 |
| Fractional Shares | Yes | Yes |
| Robo-Advisor | Yes | No |
| Robo-Advisor Fee | 0.35% | N/A |
| Research Quality | Excellent | Basic |
| Our Rating | 4.8/5 | 3.8/5 |
Fidelity Investments: Pros & Cons
Fidelity Investments Pros
- + Zero commission trades
- + Zero expense ratio index funds
- + Excellent research
- + Fractional shares
- + No account minimums
- + Great retirement tools
Fidelity Investments Cons
- - Platform can feel complex
- - Crypto not directly available
- - International trading limited
Best for: Long-term investors and retirement planners who want comprehensive tools
Robinhood: Pros & Cons
Robinhood Pros
- + Commission-free everything including options
- + Sleek mobile app
- + Crypto trading
- + Fractional shares
- + Cash card with boosts
Robinhood Cons
- - Limited research tools
- - No mutual funds
- - Basic charting
- - Customer service issues
- - Gamified interface
Best for: Beginners and casual investors who want a simple mobile experience
Detailed Analysis
Who Should Choose Fidelity Investments?
Fidelity Investments is the better choice if you're looking for long-term investors and retirement planners who want comprehensive tools. Its strongest advantages include zero commission trades and zero expense ratio index funds. With a rating of 4.8/5, it stands out as one of the best options available.
Who Should Choose Robinhood?
Robinhood is ideal for those who want beginners and casual investors who want a simple mobile experience. Key strengths include commission-free everything including options and sleek mobile app. Rated 3.8/5, it works well for specific use cases.
Final Verdict
Fidelity Investments
Robinhood
Both Fidelity Investments and Robinhood are legitimate investing platforms. Choose Fidelity Investments if you value zero commission trades. Choose Robinhood if you prioritize commission-free everything including options.