Both of these online brokers are good options for beginners and professional traders. However, they also lack in some of the fields. Fidelity vs Robinhood, each trader should read this detailed comparison before you select any one broker.
If you are looking for a more compatible option, ROinvesting is a profitable one for every kind of trader. It is offering many features as well as a wide variety of trading assets in the global financial markets.
Fidelity vs Robinhood: Overall Rating
Basis of Rating | Fidelity | Robinhood |
Overall | ||
Regulations | ||
Commission & Fee | ||
Trading Platforms | ||
Mobile Trading | ||
Educational Resources | ||
Analytical & Research Tools |
Regulation & Protection
Features | Fidelity | Robinhood |
Overall Trust Score | 99 | 82 |
Foundation Year | 1946 | 2012 |
Listed | No | No |
Tier-1 Licenses | 4 | 3 |
Regulations | FINRA (USA), SEC (USA), and more | FINRA (USA), SEC (USA), and more |
Trading Instruments
Products | Fidelity | Robinhood |
Forex Trading | Yes | No |
Stock Trading | Yes | Yes |
Bonds | Yes | No |
ETFs | Yes | Yes |
Mutual Funds | Yes | No |
Options | Yes | Yes |
Cryptocurrency | No | Yes |
Deposit and Withdrawal
Method | Fidelity | Robinhood |
Bank Wire Transfer | Yes | Yes |
Debit & Credit Cards | Yes | Yes |
VISA | Yes | Yes |
Mastercard | Yes | Yes |
PayPal | Yes | Yes |
Skrill | No | No |
Trading Platforms
Platforms | Fidelity | Robinhood |
Desktop Platform | Yes | Yes |
Web Platform | Yes | Yes |
Mobile Trading | Yes | Yes |
ZuluTrade | No | No |
Trading Tools
Features | Fidelity | Robinhood |
Virtual Trading | Available | Not Available |
Basic Alerts | Available | Available |
Watchlists Fields | 514 | 7 |
Charting Indicators | Yes | No |
Charting Drawing Tools | Yes | No |
Multiple Order Types | Yes | Yes |
Profit Loss Calulator | Available | Not Available |
Real-Time Streaming | Available | Not Available |
Educational Resources
Features | Fidelity | Robinhood |
Forex Education | Yes | No |
Articles | Yes | No |
Webinars | Yes | No |
Beginner Education | Yes | Yes |
Advanced Education | Yes | No |
Research Tools
Features | Fidelity | Robinhood |
Auto Chartist | Yes | No |
Market News | Yes | Yes |
Daily Market Commentary | Yes | Yes |
Weekly Webinars | Yes | No |
Trading Central | No | No |
Economic Calendar | Yes | Yes |
Delkos Research | No | No |
Other Features
Features | Fidelity | Robinhood |
Account Types | More Than 10 | 1 |
Demo Account | Yes | Yes |
Minimum Deposit | $0 | $0 |
Commission | No | No |
Customer Support | 24/5 | 24/5 |
Spreads & Swaps | Yes | Yes |
Safer and Reliable Broker
ROinvesting is the brokerage firm of Royal Forex Ltd. It is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). It offers zero commission trading on all the trading instruments available with the broker.
The trading assets provided are stocks, forex, commodities, cryptocurrencies, indices and others. Traders can trade on a friendly platform that is MetaTrader 4, WebTrader, and Mobile App.
Traders get three types of trading accounts that are silver, gold, and platinum. They also get a demo trading account. You can also use the wide range of trading tools and educational materials available with the broker. The platform is encrypted and protected to secure traders’ data.
The Bottom Line
Fidelity vs Robinhood both are competitive brokers but still before choosing one of them you have to make an in-depth analysis. They are offering many benefits for online traders. Although, there are some negative points also. You can avoid those points by choosing to trade with ROinvesting.