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|
|Commission & Fee|
|Analytical & Research Tools|
Regulation & Protection
|Overall Trust Score||99||82|
|Regulations||FINRA (USA), SEC (USA), and more||FINRA (USA), SEC (USA), and more|
Deposit and Withdrawal
|Bank Wire Transfer||Yes||Yes|
|Debit & Credit Cards||Yes||Yes|
|Virtual Trading||Available||Not Available|
|Charting Drawing Tools||Yes||No|
|Multiple Order Types||Yes||Yes|
|Profit Loss Calulator||Available||Not Available|
|Real-Time Streaming||Available||Not Available|
|Daily Market Commentary||Yes||Yes|
|Account Types||More Than 10||1|
|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.